Overview
What is University Of Tennessee Research Foundation?
The University of Tennessee Research Foundation is a nonprofit organization situated in Knoxville, Tennessee, specifically at 505 Summer Place - UT Tower 961A. Their primary mission is to stimulate, encourage, and support scientific, social, and educational research and investigation by facilitating the marketing of technologies. They function by promoting and aiding these investigations and research, thereby contributing to a broader intellectual and scientific community.
Official website here: www.utrf.tennessee.edu
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**
The University of Tennessee Research Foundation has earned an impressive score of 96% from Charity Navigator, indicating strong accountability and financial practices. This rating is based on its solid performance in areas such as board independence, financial oversight, and a high program expense ratio of 99.57%. The foundation operates with a majority independent board and has effective policies in place for conflict of interest and whistleblower protections.
Strengths include a well-structured governance system and a transparent operational framework, which have contributed to its high rating. Additionally, the foundation has shown no material diversion of assets, which speaks to its integrity and commitment to its fiduciary responsibilities. While it currently lacks scores in impact measurement and adaptability, its financial metrics highlight a stable and well-managed organization.
Unfortunately, user reviews from GreatNonprofits are not available, limiting insights from the public on their experiences and overall sentiment. Nonetheless, the foundation's strong financial standing and compliance with governance standards suggest a robust organization focused on supporting research initiatives aligned with the University of Tennessee.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Tennessee Research Foundation legitimate?
University Of Tennessee Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Tennessee 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: $1,083,369
For more financial information, click here
Official website here: www.utrf.tennessee.edu
What is the mission statement of University Of Tennessee Research Foundation?
The University of Tennessee Research Foundation supports and encourages scientific, social, and educational investigation and research by assisting in the marketing of technologies. Their mission is to promote advancements in these fields by aiding in the commercialization of discoveries. This organization plays a crucial role in fostering research, ultimately contributing to the betterment of various sectors.
Official website here: www.utrf.tennessee.edu
Who is the CEO of University Of Tennessee Research Foundation?
Dr Mahalaxmi Krishnamurthy is the Board Member of University Of Tennessee Research Foundation.
Official website here: www.utrf.tennessee.edu
What is the revenue of University Of Tennessee Research Foundation?
University Of Tennessee Research Foundation's revenue in 2022 was $8,787,700.
Official website here: www.utrf.tennessee.edu
Who are the executives of University Of Tennessee Research Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.utrf.tennessee.edu
Where can I find the form 990 for University Of Tennessee Research Foundation?
University Of Tennessee Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.utrf.tennessee.edu
Learn more at the official website: www.utrf.tennessee.edu
Mission Statement of University Of Tennessee Research Foundation
The University of Tennessee Research Foundation serves a crucial role in promoting, encouraging, and aiding scientific, social, and/or educational investigation and research. This is achieved by assisting in the marketing of technologies. In essence, the organization facilitates the dissemination of innovative ideas and discoveries, thereby contributing to the advancement of various fields. By providing a platform for the promotion and marketing of research outcomes, the University of Tennessee Research Foundation plays a significant role in fostering the growth and application of new technologies.
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Impact
July, 2024
The University of Tennessee Research Foundation has had a significant impact by promoting, encouraging, and aiding scientific, social, and educational investigation and research through assisting the marketing of technologies. Their work in Knoxville, Tennessee, has contributed to the advancement of knowledge and innovation in various fields. By facilitating the transfer of technologies to the market, they have helped bridge the gap between academia and industry, leading to practical applications and economic growth. This impact underscores their commitment to promoting research and education for the benefit of society.
This information is meant to be a general summary of University Of Tennessee 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 2022.
- Investment Income: $16,475
- Program Service Revenue: $6,865,158
- Gross Receipts: $8,788,560
Assets and Liabilities:
- Total Assets: $82,756,683
- Total Liabilities: $908,067
- Net Assets: $81,848,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT AND CONTRACT REVENUE
Revenue
$6,863,192
RENTAL
Revenue
$1,966
Organization Details
Founding Year
1934
Phone
(865) 974-1882Principal Officer
Dr Mahalaxmi Krishnamurthy
Main Address
505 SUMMER PLACE - UT TOWER 961A, KNOXVILLE, TN, 37902
Website
www.utrf.tennessee.eduNTEE Category
Code: B43 - Education
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