Mission
To benefit The University of Akron through administration of certain research activities and management of intellectual property. Promote economic development in Northeast Ohio by licensing technologies to start up companies.
Public Charity
UNIVERSITY OF AKRON RESEARCH FOUNDATION
UNIVERSITY OF AKRON RESEARCH FOUNDATION, of Akron, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.8M in revenue, $1.8M in expenses, $11.2M in total assets. 4 publicly reported grants to this organization, totaling roughly $42K, appear in IRS filings.
EIN: 341972453
Akron, OH
Management & Technical Assistance
NTEE: B02
Latest filing: 2025
Total Revenue$2.8M
Total Expenses$1.8M
Total Assets$11.2M
Grant Records4
Funding Total$42K
Filing Years2021–2025
Where $100 goes at University of Akron Research Foundation
How University of Akron Research Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$33
Office space rental for start up corporations and other external agencies
$28
Other activities
$24
To promote, encourage, and provide assistance to research and licensing activities of The University of Akron's faculty, staff, and students
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIP
$10,000
SCHOLARSHIP
$10,125
SCHOLARSHIP
$6,500
TO SUPPORT AKRON STARTUPBUS IN PARTNERSHIP WITH WASTEBITS
$15,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
Treasurer
Brett Riebau
Director
Bryan Williams
Director
Christopher Thompson
Director
Dennis Cocco
Director
Ilene Shapiro
Director
Joseph Rich
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.8M | $1.8M | $11.2M |
| 2024 | $3.1M | $3.3M | $11.3M |
| 2023 | $3.7M | $4.1M | $12.2M |
| 2022 | $3.7M | $3.6M | $12.5M |
| 2021 | $3.1M | $3.5M | $13.3M |
Between 2021 and 2025, reported annual revenue declined from $3.1M to $2.8M (-10%), with total assets most recently reported at $11.2M.
Interactive year-over-year charts and full filing details available with membership.