Overview
What is The Uab Research Foundation?
The UAB Research Foundation is a nonprofit organization based in Birmingham, Alabama. Its primary function is to facilitate the patent process for inventions developed at the University of Alabama at Birmingham (UAB). They initiate domestic and foreign patent filings when appropriate, negotiate, manage, and monitor research, option, and licensing agreements with external parties on UAB's behalf. The foundation's mission extends beyond patent policy implementation, encompassing the reception and dissemination of materials, compounds, and biological substances used in UAB research projects. They also evaluate the commercial potential of inventions created by UAB employees and students, assessing their patentability and applicability of other protections. In this educational mission, the foundation supports outstanding medical care and services and contributes to the enhancement of new knowledge through clinical and basic biomedical research.
Official website here: www.uab.edu
Is The Uab Research Foundation legitimate?
The Uab Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Uab 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: $1,432,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uab.edu
What is the mission statement of The Uab Research Foundation?
The UAB Research Foundation aids in implementing the patent policy at the university. One of its key responsibilities includes receiving and disseminating materials, compounds, and biological substances used in university research projects. Additionally, the foundation evaluates the commercial potential of inventions created by university employees and students, determining their patentability and applicability of other protections. To support its educational mission, the foundation provides outstanding medical care and services, and enhances new knowledge through clinical and basic biomedical research.
Official website here: www.uab.edu
What is the revenue of The Uab Research Foundation?
The Uab Research Foundation's revenue in 2023 was $6,912,834.
Official website here: www.uab.edu
Who are the executives of The Uab Research Foundation and what are their salaries?
There 10 volunteers at The Uab Research Foundation.
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $1,787,304
- Other: $122,539
- Compensation: $0
- Related: $1,434,597
- Other: $176,224
- Compensation: $0
- Related: $1,180,431
- Other: $137,243
- Compensation: $0
- Related: $552,189
- Other: $90,712
- Compensation: $0
- Related: $498,527
- Other: $85,304
- Compensation: $0
- Related: $411,753
- Other: $102,299
- Compensation: $0
- Related: $400,794
- Other: $88,421
- Compensation: $0
- Related: $399,339
- Other: $68,384
- Compensation: $0
- Related: $362,477
- Other: $63,152
- Compensation: $0
- Related: $332,759
- Other: $90,104
- Compensation: $0
- Related: $360,853
- Other: $60,731
- Compensation: $0
- Related: $251,071
- Other: $57,127
- Compensation: $0
- Related: $233,437
- Other: $51,686
- Compensation: $0
- Related: $54,904
- Other: $6,691
- Compensation: $0
- Related: $1,200
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.uab.edu
Where can I find the form 990 for The Uab Research Foundation?
The Uab Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uab.edu
Learn more at the official website: www.uab.edu
Mission Statement of The Uab Research Foundation
The UAB Research Foundation plays a significant role in facilitating the implementation of the patent policy at the University. This nonprofit organization is instrumental in various aspects of this process, such as receiving and disseminating materials, compounds, and biological substances utilized in university research projects. Additionally, the foundation evaluates the commercial potential of inventions created by university employees and students, assessing their patentability and the applicability of other protective measures.
Beyond its patent-related duties, The UAB Research Foundation is dedicated to providing outstanding medical care and services. This mission is an essential component of its educational mission, as it aims to enhance new knowledge through clinical and basic biomedical research. By doing so, the foundation contributes to the advancement of medical science and the betterment of society.
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Impact
October, 2024
The UAB Research Foundation plays a crucial role in advancing innovation and commercializing research at the University of Alabama at Birmingham. By facilitating the implementation of the patent policy, it reviews invention disclosures and initiates patent filings both domestically and internationally when appropriate. The foundation is instrumental in negotiating, managing, and monitoring research agreements, options, and licensing with external entities.
Its mission encompasses evaluating the commercial potential of inventions developed by university faculty and students, as well as assessing the patentability and applicability of protective measures for these innovations. This support not only helps in the transformation of research ideas into marketable products but also enhances the educational mission of the university. Furthermore, the foundation's activities contribute to improving medical care and services while fostering the advancement of knowledge through both clinical and basic biomedical research. Through these efforts, the foundation significantly impacts the local and broader community, driving progress in medical and scientific fields.
This information is meant to be a general summary of The Uab 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.
- Investment Income: $145
- Program Service Revenue: $667,105
- Gross Receipts: $6,912,834
Assets and Liabilities:
- Total Assets: $15,830,728
- Total Liabilities: $2,562,065
- Net Assets: $13,268,663
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UAB AFFILIATION AGREEMENT
Revenue
$667,105
Organization Details
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