Overview
What is William And Mary Intellectual Property Foundation?
The William and Mary Intellectual Property Foundation, situated in Williamsburg, Virginia, serves as an agent of the esteemed College of William and Mary. Their primary objective is to manage intellectual property matters, ultimately benefiting the university through commercialization of research and offering services for the advantage of all employees and stakeholders. This nonprofit organization operates with both an educational and scientific mission, aiming to contribute positively to the College of William and Mary through its intellectual property services.
Is William And Mary Intellectual Property Foundation legitimate?
William And Mary Intellectual Property Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William And Mary Intellectual Property Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of William And Mary Intellectual Property Foundation?
The William and Mary Intellectual Property Foundation, serving as an agent for the University of William and Mary, focuses on intellectual property matters with the aim of benefiting the institution. Its mission is multifaceted, encompassing both educational and scientific aspects. By commercializing William and Mary's research, the foundation contributes to the College's growth and development. Furthermore, it offers services that cater to the needs of all university employees and stakeholders, ultimately benefiting the College of William and Mary as a whole through its intellectual property services.
Who is the CEO of William And Mary Intellectual Property Foundation?
Jason Mcdevitt is the President of William And Mary Intellectual Property Foundation.
What is the revenue of William And Mary Intellectual Property Foundation?
William And Mary Intellectual Property Foundation's revenue in 2023 was $170,478.
Who are the executives of William And Mary Intellectual Property Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for William And Mary Intellectual Property Foundation?
William And Mary Intellectual Property Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of William And Mary Intellectual Property Foundation
The William and Mary Intellectual Property Foundation, as an agent of the University of William and Mary, is dedicated to handling intellectual property matters with the primary goal of benefiting the institution. This nonprofit organization commercializes research conducted at William and Mary and offers services to all its employees and stakeholders. Its mission is multifaceted, encompassing both educational and scientific aspects, with a view to supporting and enhancing the College of William and Mary through its intellectual property services.
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Impact
October, 2024
The William and Mary Intellectual Property Foundation plays a crucial role in enhancing the intellectual property landscape at the College of William and Mary. By commercializing research, it bridges the gap between academic innovation and real-world application, ensuring that groundbreaking ideas and discoveries are effectively translated into practical uses. This not only bolsters the university's reputation as a center for research excellence but also empowers faculty, staff, and stakeholders to maximize the impact of their intellectual contributions.
Through its focused services, the foundation supports the educational and scientific missions of the university, facilitating collaboration and engagement within the academic community. It fosters an environment where innovation can thrive, ultimately benefiting the broader society by promoting the development of new technologies and ideas that stem from the university's research efforts. The foundation's activities not only enrich the educational experience for students but also secure valuable resources that can be reinvested back into the College of William and Mary, creating a virtuous cycle of knowledge, research, and economic development.
This information is meant to be a general summary of William And Mary Intellectual Property Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,842
- Program Service Revenue: $168,636
- Gross Receipts: $170,478
Assets and Liabilities:
- Total Assets: $421,846
- Total Liabilities: $0
- Net Assets: $421,846
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Organization Details
Phone
(757) 221-1751Principal Officer
Jason Mcdevitt
Main Address
300 Ukrop Way, Williamsburg, VA, 23187
NTEE Category
Code: B114 - Education
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