Overview
What is George Mason Research Foundation Inc?
George Mason Research Foundation Inc, based in Fairfax, Virginia, serves as a catalyst for scholarly inquiry, research, and scientific investigation at George Mason University. The foundation protects and promotes the commercialization of the university's intellectual property, determining patentability and obtaining patents developed by its faculty, staff, and students. The primary goal is to license devices and processes developed within the university community, while also administering gifts and grants to further research, scholarly inquiry, and scientific investigation. In essence, the foundation aims to bridge the gap between academic discoveries and practical applications, fostering innovation and growth at George Mason University.
Is George Mason Research Foundation Inc legitimate?
George Mason Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Mason Research Foundation Inc 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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What is the mission statement of George Mason Research Foundation Inc?
The George Mason Research Foundation was established to foster, encourage, and aid scholarly inquiry, research, and scientific investigation at George Mason University. It protects and promotes the commercialization of the university's intellectual property, determining patentability and obtaining patents developed by faculty, staff, and students. The foundation attempts to license devices and processes developed by the university's academic community. Furthermore, it administers gifts and grants to support the university's research, scholarly inquiry, and scientific investigation. In essence, the foundation aims to nurture academic growth and innovation at George Mason University.
What is the revenue of George Mason Research Foundation Inc?
George Mason Research Foundation Inc's revenue in 2023 was $743,075.
Who are the executives of George Mason Research Foundation Inc and what are their salaries?
There 9 volunteers at George Mason Research Foundation Inc.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $504,652
- Other: $64,895
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- Related: $332,765
- Other: $43,081
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- Related: $356,480
- Other: $48,027
- Compensation: $0
- Related: $336,837
- Other: $57,907
- Compensation: $0
- Related: $189,595
- Other: $49,563
- Compensation: $0
- Related: $172,601
- Other: $36,636
- Compensation: $0
- Related: $166,702
- Other: $33,694
- Compensation: $0
- Related: $62,363
- Other: $18,936
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- Other: $0
Where can I find the form 990 for George Mason Research Foundation Inc?
George Mason Research Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of George Mason Research Foundation Inc
George Mason Research Foundation, established with the purpose of fostering scholarly inquiry and scientific investigation at George Mason University, serves to promote and encourage research among its faculty, staff, and students. The foundation plays a crucial role in the commercialization of the university's intellectual property, determining its patentability and obtaining patents developed by its faculty, staff, and students. George Mason Research Foundation also attempts to license devices and processes developed by its academic community, aiming to facilitate the translation of research findings into practical applications. Furthermore, the foundation administers gifts and grants to support the university's research, scholarly inquiry, and scientific investigation, contributing to its ongoing growth and development.
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Impact
October, 2024
George Mason Research Foundation Inc plays a pivotal role in fostering innovative research and academic excellence at George Mason University. By promoting and facilitating scholarly inquiry among faculty, staff, and students, the foundation enhances the university's research capabilities and its impact on various academic fields.
The foundation is instrumental in the commercialization of intellectual property developed within the university. It evaluates the patentability of inventions, secures patents, and actively seeks to license technologies and processes created by the university community. This not only incentivizes research but also helps translate academic discoveries into practical applications that can benefit society.
Furthermore, the foundation administers gifts and grants to support research initiatives, ensuring that scholars have the resources they need to explore new ideas and conduct meaningful investigations. Through these activities, the foundation not only advances the university's mission but also contributes to the broader landscape of innovation and education, fostering an environment where knowledge creation and scientific inquiry thrive.
This information is meant to be a general summary of George Mason Research Foundation Inc. 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: $61
- Program Service Revenue: $728,514
- Gross Receipts: $743,075
Assets and Liabilities:
- Total Assets: $69,948
- Total Liabilities: $0
- Net Assets: $69,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANTS AND CONTRACTS
Revenue
$638,913
LICENSE REVENUE
Revenue
$62,340
ROYALTY INCOME
Revenue
$27,211
CD AND VIDEO PRODUCTIO
Revenue
$50
Organization Details
Founding Year
2001
Principal Officer
Claire Wurmfeld
NTEE Category
Code: B124 - Education
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