Overview
What is Intellectual Property Owners Education Foundation?
Intellectual Property Owners Education Foundation, abbreviated as IPOEF, is a nonprofit organization situated in Washington D.C. Committed to educational and charitable activities, its mission is to foster an understanding and appreciation of intellectual property's significance to society. The foundation holds an annual awards dinner, where they honor distinguished inventors and intellectual property professionals, such as the Inventor of the Year, IP Champion, Executive of the Year, and Inspiration Award recipients. IPOEF's primary activities focus on promoting intellectual property and its value to society.
Official website here: www.ipoef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Intellectual Property Owners Education Foundation has received a strong rating of 92%, indicating a high level of accountability and financial health. This score is based entirely on the organization's financial practices, reflecting a commitment to transparency and effective governance. The charity has demonstrated excellence in areas such as having a fully independent board and solid financial oversight.
Strengths of the organization include a perfect score for its independent board members and strong policies in place for conflict of interest, whistleblower protection, and document retention. Additionally, the organization shows a low ratio of liabilities to assets, suggesting sound financial management. Program expenses are also notable, with approximately two-thirds of expenditures allocated to its mission-driven activities.
While the organization excels in its financial practices, the program expense ratio could potentially be improved to enhance its rating further. Nonetheless, the foundation's overall strong financial health and governance practices position it favorably among its peers in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Intellectual Property Owners Education Foundation legitimate?
Intellectual Property Owners Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intellectual Property Owners Education 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: $152,000
For more financial information, click here
Official website here: www.ipoef.org
What is the mission statement of Intellectual Property Owners Education Foundation?
The Intellectual Property Owners Education Foundation is committed to promoting an understanding and respect for intellectual property and its significance to society through educational and charitable activities. Their mission involves organizing events, such as the Awards Dinner, to honor distinguished inventors and intellectual property professionals. In 2022, the foundation recognized honorees for awards like Inventor of the Year, IP Champion, Executive of the Year, and the Inspiration Award.
Official website here: www.ipoef.org
Who is the CEO of Intellectual Property Owners Education Foundation?
Jessica K Landacre is the Executive Director/Secreta of Intellectual Property Owners Education Foundation.
Official website here: www.ipoef.org
What is the revenue of Intellectual Property Owners Education Foundation?
Intellectual Property Owners Education Foundation's revenue in 2022 was $522,901.
Official website here: www.ipoef.org
Who are the executives of Intellectual Property Owners Education Foundation and what are their salaries?
There 24 volunteers at Intellectual Property Owners Education Foundation.
Here are 31 key members and their salaries:
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Official website here: www.ipoef.org
Where can I find the form 990 for Intellectual Property Owners Education Foundation?
Intellectual Property Owners Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ipoef.org
Learn more at the official website: www.ipoef.org
Mission Statement of Intellectual Property Owners Education Foundation
The Intellectual Property Owners Education Foundation is dedicated to engaging in educational and charitable activities aimed at fostering an appreciation and respect for the significance of intellectual property in society. This nonprofit organization's mission is to promote understanding and value of intellectual property, serving as a catalyst for dialogue and collaboration within this field. To accomplish this, the Intellectual Property Owners Education Foundation hosts events such as their annual Awards Dinner, where they honor distinguished inventors and intellectual property professionals for their notable contributions to the field. In 2022, for instance, the Foundation recognized honorees for awards such as Inventor of the Year, IP Champion, Executive of the Year, and the Inspiration Award.
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Impact
July, 2024
The Intellectual Property Owners Education Foundation has a significant impact on promoting an understanding and respect for intellectual property and its value to society. Through educational and charitable activities, the foundation works to raise awareness about the importance of intellectual property rights. Their annual awards dinner acknowledges and celebrates distinguished inventors and IP professionals, recognizing their contributions to innovation and creativity. By honoring individuals in the field, the foundation helps to highlight the significance of intellectual property in driving progress and protecting innovation.
This information is meant to be a general summary of Intellectual Property Owners Education 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 2022.
- Investment Income: $10,543
- Program Service Revenue: $261,500
- Gross Receipts: $599,032
Assets and Liabilities:
- Total Assets: $1,199,398
- Total Liabilities: $233,137
- Net Assets: $966,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES & MEETINGS
Revenue
$246,500
IPO EDUCATION PODCAST
Revenue
$10,000
INVENTION CONVENTION S
Revenue
$5,000
Organization Details
Founding Year
1989
Phone
(202) 507-4500Principal Officer
Jessica K Landacre
Main Address
1501 M STREET NW 1150, WASHINGTON, DC, 200051700
Website
www.ipoef.orgNTEE Category
Code: I02 - Crime
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