University of Virginia Patent Foundation
The uva licensing and ventures group is dedicated to growing and guiding university innovations while improving lives on grounds and around the world.
University of Virginia Patent Foundation at a glance
In short: University of Virginia Patent Foundation gave $2.5M across 1 grant in 2025 (avg $2.5M), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,502,067
- +85.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,502,067
- +85.9% vs 2024
- Median grant
- $2,502,067
- Total assets
- $19,864,383
- +4.3% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who University of Virginia Patent Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Virginia ($2.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How University of Virginia Patent Foundation gives
- Giving grew 41% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.3M (2024) to $2.9M (2021). In 2025 it made 1 grant totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Virginia Charlottesville, VA | The foundation is a supporting organization for the university of Virginia. The amount of cash paid to the university for distributions of royalities to the innovation & scholarly activities fund and to the university is based on the agreement between the foundation and the university of Virginia. The payment does not include any refund for overpayment of fees for services rendered. | $2,502,067 |
Ready to take the next step with University of Virginia Patent Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $19,864,383 | $11,383,590 | $11,420,744 | $2,502,067 | 1 | $10,408 |
| 2024 | $19,043,316 | $9,961,448 | $9,957,478 | $1,346,085 | 1 | $28,586 |
| 2023 | $19,920,463 | $9,568,923 | $9,563,970 | $1,941,034 | 1 | $19,471 |
| 2022 | $21,114,215 | $9,580,641 | $9,540,273 | $1,770,022 | 1 | $2,778 |
| 2021 | $17,324,397 | $17,080,240 | $17,056,232 | $2,911,048 | 1 | $492 |
| 2020 | $16,395,232 | $11,092,298 | $11,044,084 | $1,856,518 | 1 | $22,038 |
| 2019 | $16,011,199 | $9,657,639 | $9,613,238 | $2,515,499 | 1 | $14,499 |
About University of Virginia Patent Foundation
Based on IRS filings
University of Virginia Patent Foundation is a public charity focused on Education, based in Charlottesville, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $19.9M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $10K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
University of Virginia Patent Foundation is led by Richard Chylla, Executive Director on every filing since 2022; 7 of 19 officers listed in 2025 are compensated.
Officers on the 2025 filing
Richard Chylla
Executive Director
On filings since 2022
40 hrs/week
$354K (2023) → $406K (2025)
Peter Grant II
Chair
On filings since 2019
1 hr/week
No compensation reported
Robert Creeden
Director of Uva Lvg Seed Fund
Interim Executive Director → Director of Uva Lvg Seed Fund & New Ventures, 2023
Director of Uva Lvg Seed Fund & New Ventures → Director of Uva Lvg Seed Fund, 2024
On filings since 2019
40 hrs/week
$198K (2019) → $257K (2025)
Jill Simandl
Director of Finance & Operations
Director of Finance → Director of Finance & Operations, 2024
On filings since 2022
40 hrs/week
$110K (2023) → $170K (2025)
Joshua Mauldin
Director of Licensing
On filings since 2022
40 hrs/week
$118K (2022) → $164K (2025)
Erik Hewlett
Director
On filings since 2019
1 hr/week
No compensation reported
John Lazo
Director
Treasurer → Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Michael Lenox
Director
On filings since 2019
1 hr/week
No compensation reported
Paul Michel
Director
On filings since 2021
1 hr/week
No compensation reported
Jennifer West
Director
On filings since 2022
1 hr/week
No compensation reported
Fred Epstein
Director
On filings since 2024
1 hr/week
No compensation reported
Jeffrey Martens
Director
On filings since 2024
1 hr/week
No compensation reported
Lori McMahon
Director
On filings since 2024
1 hr/week
No compensation reported
Richard Tadler
Director
On filings since 2024
1 hr/week
No compensation reported
Robert Decker
Board Secretary & Senior Patent Counsel
Senior Patent Counsel → Senior Patent Counsel & Secretary, 2024
Senior Patent Counsel & Secretary → Board Secretary & Senior Patent Counsel, 2025
On filings since 2019
40 hrs/week
$205K (2019) → $236K (2025)
Ronald Newbold
Vice Chair
Vice Chair → Director, 2023
Director → Vice Chair, 2025
On filings since 2019
1 hr/week
$14K (2022) → $0 (2025)
Cortney Mushill
Licensing Manager
New on the 2025 filing
40 hrs/week
$105K (2025)
Jonathan Rudd
Licensing Manager
New on the 2025 filing
40 hrs/week
$113K (2025)
Kwame Ulmer
Treasurer
Director → Treasurer, 2025
On filings since 2021
1 hr/week
No compensation reported
Former officers (12)
- Former: Melur Ramasubramanian (2019–2024) — Director
- Former: John Macfarlane (2019–2023) — Director
- Former: Michael Straightiff (2019–2022) — Executive Director
- Former: Marc Oettinger (2022) — Licensing Manager
- Former: Olivia Benjamin (2022) — Manager of Financial Operations
- Former: Claudine Wispelwey (2019–2021) — Director of Operations
- Former: Pamela Norris (2019–2021) — Director
- Former: Patrick Klepcyk (2019–2021) — Director of Licensing
- Former: Weston Fox (2020–2021) — Executive in Residence
- Former: Donald Laing III (2019–2020) — Director
- Former: Richard Shannon (2019–2020) — Director
- Former: Rodney Sparks (2019) — Patent Counsel
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $406K, to Richard Chylla (Executive Director). 7 officers or directors reported compensation on that filing.
Frequently asked questions about University of Virginia Patent Foundation
How much does University of Virginia Patent Foundation give each year?
University of Virginia Patent Foundation gave $2.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.3M across 1 grant.
How large is University of Virginia Patent Foundation?
University of Virginia Patent Foundation reported $19.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.4M.
What is University of Virginia Patent Foundation?
University of Virginia Patent Foundation is a public charity focused on Education, based in Charlottesville, VA. It holds $19.9M in total assets as of 2025.
Where does University of Virginia Patent Foundation operate?
University of Virginia Patent Foundation has awarded grants in Virginia.
What is University of Virginia Patent Foundation's EIN?
University of Virginia Patent Foundation's EIN (Employer Identification Number) is 54-1045487. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 22, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in University of Virginia Patent Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
University of Virginia Alumni Association
Charlottesville, VA
The mission of the alumni association is to build the strongest bond among alumni and between alumni and the university by serving all alumni and students; being the center for engaging and connecting the global uva community; acting as a conduit to keep alumni informed and providing vehicles to share their voices; and being an invaluable partner to the university.
Assets
$673.6M
Grants
1
Total Given
$84.2M
Kathryn & W H Schwarzschild Fund
Richmond, VA
Assets
$1.4M
Grants
79
Total Given
$79K
George R Hess Educational Fdn Tua
Saint Louis, MO
The George R. Hess Educational Foundation funds scholarships, with 2025 grants of $1,500–$2,500 and a median award of $2,000. It supports recipients through universities, with the largest share of recent grants going to Virginia and others across several states; its filing does not state whether it accepts unsolicited requests. Contact Center for Scholarship Admin for application materials and award restrictions; the listed deadline is February 15.
Assets
$425K
Grants
11
Total Given
$20K
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
Virginia Student Aid Foundation Inc
Charlottesville, VA
The Virginia athletics foundation, through its fund-raising efforts, strives to support a preeminent intercollegiate athletics program at the university of Virginia by providing student-athletes theopportunity to achieve academic and athletic excellence.
Assets
$184.6M
Grants
3
Total Given
$38.7M
Virginia Biosciences Health Research Corporation
Richmond, VA
To advance economic development by creating competitive critical mass for Virginia life sciences through collaborations with our research universities and industry, to attract research and commercialization capital to Virginia and to catalyze the commercialization of Virginia's innovations that meet large, unmet medical needs, improve human health and to create many more high-paying life science jobs in Virginia.
Assets
$11.0M
Grants
5
Total Given
$4.8M
More similar funders
More Funders in Virginia
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from University of Virginia Patent Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
University of Virginia Patent Foundation down — hundreds of funders to go?