Overview
What is Uncw Research Foundation?
The Uncw Research Foundation, situated in Wilmington, North Carolina, serves as a catalyst for research advancements at the University of North Carolina at Wilmington. This nonprofit organization, primarily focused on economic development, harnesses the potential of research discoveries, materials, compounds, and intellectual property. It fosters collaborative research relationships with faculty, private industries, government institutions, and quasi-government agencies. By doing so, the Uncw Research Foundation aims to enhance the University's research capabilities and facilities, ultimately benefiting both the institution and the wider community. During fiscal year 2022, royalty distributions were made based on these intellectual properties.
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
Is Uncw Research Foundation legitimate?
Uncw Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uncw Research Foundation submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
What is the mission statement of Uncw Research Foundation?
The Uncw Research Foundation's mission is primarily focused on fostering the advancement of research facilities and projects for the University of North Carolina at Wilmington. In pursuit of this goal, the foundation collaborates with various entities, including faculty, private industry, and government or quasi-government institutions and agencies. The Marbionc Development Group, a single-member LLC under the Uncw Research Foundation, specifically works on economic development of research discoveries, materials, compounds, and intellectual property, as well as capital facilities. The foundation distributes royalties related to these intellectual properties, as demonstrated during fiscal year 2022.
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
Who is the CEO of Uncw Research Foundation?
Stuart Borrett is the Chairman of Uncw Research Foundation.
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
What is the revenue of Uncw Research Foundation?
Uncw Research Foundation's revenue in 2023 was $474,988.
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
Who are the executives of Uncw Research Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $282,888
- Other: $47,046
- Compensation: $0
- Related: $198,621
- Other: $35,763
- Compensation: $0
- Related: $177,709
- Other: $32,373
- Compensation: $0
- Related: $89,701
- Other: $31,014
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
Where can I find the form 990 for Uncw Research Foundation?
Uncw Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uncw.edu/associatedentities/uncwresearchfoundatio
Learn more at the official website: www.uncw.edu/associatedentities/uncwresearchfoundatio
Mission Statement of Uncw Research Foundation
The UNCW Research Foundation, in its mission, is dedicated to fostering the advancement of research facilities and projects within the University of North Carolina at Wilmington. This organization seeks to promote economic development by commercializing research discoveries, materials, compounds, and intellectual property, as well as capital facilities. Through collaborative research relationships and contracting entities, the UNCW Research Foundation aims to benefit both itself and the university, particularly through faculty start-ups, private industry, and government or quasi-government institutions and agencies. Royalty distributions were made in fiscal year 2022, highlighting the successful application of this mission.
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Impact
October, 2024
The Uncw Research Foundation significantly enhances research capabilities and economic development at the University of North Carolina at Wilmington. By focusing on the establishment of advanced research facilities and innovative projects, it fosters an environment that nurtures scientific and academic exploration.
Through its collaborative efforts, particularly with the MARBIONC Development Group, LLC, the foundation actively works to transform research discoveries into valuable economic assets. This includes the commercial development of materials, compounds, and intellectual property, which not only supports faculty startups but also strengthens ties with private industries and government entities.
In fiscal year 2022, the foundation's impact was further underscored by the distribution of royalties linked to its intellectual properties, demonstrating a tangible return on investment for both research endeavors and local economic growth. Its mission underscores a commitment to educational excellence and community advancement in Wilmington, NC.
This information is meant to be a general summary of Uncw Research 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.
- Program Service Revenue: $267,172
- Gross Receipts: $474,988
Assets and Liabilities:
- Total Assets: $601,982
- Total Liabilities: $6,546
- Net Assets: $595,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARGES FOR SERVICES
Revenue
$267,172
Organization Details
Founding Year
2008
Phone
(910) 962-2515Principal Officer
Stuart Borrett
Main Address
601 SOUTH COLLEGE ROAD, WILMINGTON, NC, 28403
NTEE Category
Code: B99 - Education
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