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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: University of Virginia Licensing and Ventures Group
Legal name: University of Virginia Licensing & Ventures Group
Other name: University of Virginia Patent Foundation
EIN 54-1045487 · Snapshot of IRS recognition, filing currency, financial health, and governance.
The principal activity of the foundation is to support the University's 2030 plan to become a "great and good University and to "enable discoveries that enrich and improve lives" via commercialization of University research and intellectual property. This activity includes supporting the University's industry and translational research initiatives; performing due-diligence on solicited and disclosed intellectual property; preparing and filing patent applications, copyrights, and trademarks; engaging in business development; negotiating and executing license agreements; supporting new venture creation; investing in uva portfolio companies; monitoring compliance; and distributing income.
Principal Officer
Richard CHYLLA
Total Revenue
$11.4M
FY2024
Total Expenses
$11.4M
FY2024
Net Assets
$1.6M
Program Ratio
88.2%
expenses on programs
Employees
18
Volunteers
6
Board Members
11
Voting
6
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.