THE UVA LICENSING AND VENTURES GROUP IS DEDICATED TO GROWING AND GUIDING UNIVERSITY INNOVATIONS WHILE IMPROVING LIVES ON GROUNDS AND AROUND THE WORLD.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$19.9M
+4.3% YoY
Annual Giving
$2.5M
+85.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.5M
+85.9% YoY
About University of Virginia Patent Foundation
Based on IRS filings
University of Virginia Patent Foundation is a nonprofit organization focused on Education, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19.9M in total assets. In 2025, it awarded 1 grants totaling $2.5M. Net investment income was $10K.
Focus Areas
Ready to take the next step with University of Virginia Patent Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $19,864,383 | $19,043,316 | $19,920,463 |
| Revenue | $11,383,590 | $9,961,448 | $9,568,923 |
| Expenses | $11,420,744 | $9,957,478 | $9,563,970 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,408 | $28,586 | $19,471 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL LENOX | DIRECTOR | 1 | — |
| JENNIFER WEST | DIRECTOR | 1 | — |
| JEFFREY MARTENS | DIRECTOR | 1 | — |
| RICHARD CHYLLA | EXECUTIVE DIRECTOR | 40 | $405,833 |
| LORI MCMAHON | DIRECTOR | 1 | — |
| ROBERT CREEDEN | DIRECTOR OF UVA LVG SEED FUND | 40 | $257,081 |
| ROBERT DECKER | BOARD SECRETARY, SENIOR PATENT COUNSEL | 40 | $235,952 |
| JILL SIMANDL | DIRECTOR OF FINANCE AND OPERATIONS | 40 | $170,167 |
| JOSHUA MAULDIN | DIRECTOR OF LICENSING | 40 | $164,147 |
| JONATHAN RUDD | LICENSING MANAGER | 40 | $112,762 |
| CORTNEY MUSHILL | LICENSING MANAGER | 40 | $105,469 |
| FRED EPSTEIN | DIRECTOR | 1 | — |
| PETER GRANT II | CHAIR | 1 | — |
| ERIK HEWLETT | DIRECTOR | 1 | — |
| JOHN LAZO | DIRECTOR | 1 | — |
| PAUL MICHEL | DIRECTOR | 1 | — |
| RONALD NEWBOLD | VICE CHAIR | 1 | — |
| RICHARD TADLER | DIRECTOR | 1 | — |
| KWAME ULMER | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with University of Virginia Patent Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities