VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION, of RICHMOND, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.9M in revenue, $3.2M in expenses, $6.3M in total assets. 1 publicly reported grants to this organization, totaling roughly $250K, appear in IRS filings.
THE FOUNDATION DETERMINES THE PATENTABILITY AND OBTAINS PATENTS ON VIRGINIA COMMONWEALTH UNIVERSITY (VCU) INVENTIONS AND MARKETS AND LICENSES SUCH INVENTIONS TO COMMERICAL ENTITIES. THE FOUNDATION'S ACTIVITIES PROMOTE RESEARCH EFFORTS AT THE SCHOOL AND RESULTING ROYALTIES PROVIDE ECONOMIC SUPPORT FOR THE UNIVERSITY. THE FOUNDATION ALSO PROVIDES PATENT AND LICENSING CLINICS FOR VCU STUDENTS AND EMPLOYED APPROXIMATELY 1 VCU STUDENT AS AN INTERN OR PART-TIME EMPLOYEE.
How Virginia Commonwealth University Intellectual Property Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 1 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.9M | $3.2M | $6.3M |
| 2024 | $3.3M | $3.2M | $5.4M |
| 2023 | $2.8M | $3.0M | $4.8M |
| 2021 | $2.9M | $2.9M | $4.9M |
| 2020 | $2.4M | $2.7M | $4.5M |
Between 2020 and 2025, reported annual revenue grew from $2.4M to $3.9M (+62%), with total assets most recently reported at $6.3M.
Interactive year-over-year charts and full filing details available with membership.
