Virginia Tech Intellectual Properties Inc
To promote, encourage, and market scientific research by the faculty, staff and students solely for the benefit of Virginia polytechnic institute and state university (Virginia tech).
Virginia Tech Intellectual Properties Inc at a glance
In short: Virginia Tech Intellectual Properties Inc gave $936K across 1 grant in 2025 (avg $936K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $935,908
- +10.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $935,908
- +10.7% vs 2024
- Median grant
- $935,908
- Total assets
- $3,905,652
- -3.5% 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 Virginia Tech Intellectual Properties Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Virginia Polytechnic Institute & State University ($936K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M 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 Virginia Tech Intellectual Properties Inc gives
- Giving held roughly steady from 2022 to 2025 (+8%). 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 $651K (2021) to $1.0M (2019). In 2025 it made 1 grant totaling $936K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Polytechnic Institute & State University Blacksburg, VA | Consultingcontract Services | $935,908 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $3,905,652 | $4,025,789 | $3,927,089 | $935,908 | 1 | $60,031 |
| 2024 | $4,046,203 | $4,589,538 | $3,953,402 | $845,205 | 1 | $69,336 |
| 2023 | $3,574,255 | $3,898,747 | $3,436,633 | $732,624 | 1 | $28,042 |
| 2022 | $2,751,745 | $3,370,644 | $3,141,992 | $866,306 | 1 | $18,729 |
| 2021 | $2,147,885 | $3,037,241 | $2,743,182 | $651,409 | 1 | $18,731 |
| 2020 | $1,734,504 | $2,887,852 | $2,809,597 | $766,321 | 1 | $18,549 |
| 2019 | $1,201,068 | $3,045,597 | $2,998,011 | $1,032,117 | 1 | $17,118 |
About Virginia Tech Intellectual Properties Inc
Based on IRS filings
Virginia Tech Intellectual Properties Inc is a public charity, based in Blacksburg, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.9M in total assets. In 2025, it awarded 1 grant totaling $936K. Net investment income was $60K.
Leadership & Key People
Officers and directors from IRS filings
Virginia Tech Intellectual Properties Inc is led by Daniel Sui, Chair on every filing since 2021; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daniel Sui
Chair
On filings since 2021
1 hr/week
No compensation reported
Jennifer Reynolds
Director
On filings since 2020
1 hr/week
No compensation reported
Nelson Chu
Director
On filings since 2020
1 hr/week
No compensation reported
Robert Bertin
Director
On filings since 2020
1 hr/week
No compensation reported
X. J. Meng
Director
On filings since 2020
1 hr/week
No compensation reported
John Newby
Director
On filings since 2021
1 hr/week
No compensation reported
Brandy Salmon
Director
President → Director, 2025
On filings since 2023
1 hr/week
No compensation reported
Grant Brewer
Director
New on the 2025 filing
1 hr/week
No compensation reported
Simon Allen
Director
New on the 2025 filing
1 hr/week
No compensation reported
Justice Elizabeth A. McClanahan
Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (17)
- Former: Arthur Spivy (2019–2024) — Director
- Former: James Ramey (2019–2024) — Director
- Former: Ken Miller (2020–2024) — Director
- Former: Vinod Chachra (2020–2024) — Director
- Former: Brett Malone (2021–2024) — Director
- Former: Chiny Driscoll (2021–2022) — Director
- Former: Joseph Meredith (2021) — Director
- Former: Joe Meredith (2019–2020) — Director
- Former: John Dooley (2019–2020) — Secretary & Treasurer
- Former: G. Don Taylor (2020) — Chair
- Former: Jason Piche (2020) — President
- Former: Leonard Harris (2020) — Director
- Former: Lucy Nowell (2020) — Director
- Former: Bob Flores (2019) — Director
- Former: Ken Ferris (2019) — Director
- Former: Theresa Mayer (2019) — Chair
- Former: William Huckle (2019) — Director
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.
Frequently asked questions about Virginia Tech Intellectual Properties Inc
How much does Virginia Tech Intellectual Properties Inc give each year?
Virginia Tech Intellectual Properties Inc gave $936K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $845K across 1 grant.
How large is Virginia Tech Intellectual Properties Inc?
Virginia Tech Intellectual Properties Inc reported $3.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.0M.
Where does Virginia Tech Intellectual Properties Inc operate?
Virginia Tech Intellectual Properties Inc has awarded grants in Virginia.
What is Virginia Tech Intellectual Properties Inc's EIN?
Virginia Tech Intellectual Properties Inc's EIN (Employer Identification Number) is 54-1323858. 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
- Updated Form 990 for fiscal year 2020 (received by the IRS March 30, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 8, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS April 8, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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