Virginia Tech Intellectual Properties
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).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+13.2% YoY
Annual Giving
$845K
Grant Count
1
Avg Grant Size
$845K
About Virginia Tech Intellectual Properties
Based on IRS filings
Virginia Tech Intellectual Properties is a nonprofit organization, based in BLACKSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 1 grants totaling $845K. Net investment income was $69K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,046,203 | $3,574,255 | $2,751,745 |
| Revenue | $4,589,538 | $3,898,747 | $3,370,644 |
| Expenses | $3,953,402 | $3,436,633 | $3,141,992 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $69,336 | $28,042 | $18,729 |
| 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 2024
Grant Size Distribution
3 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR DANIEL SUI | CHAIR | 1 | — |
| JUSTICE ELIZABETH A MCCLANAHAN | SECRETARY/TREASURER | 1 | — |
| DR BRETT MALONE | DIRECTOR | 1 | — |
| KEN MILLER | DIRECTOR | 1 | — |
| JAMES RAMEY | DIRECTOR | 1 | — |
| ARTHUR SPIVY | DIRECTOR | 1 | — |
| ROBERT BERTIN | DIRECTOR | 1 | — |
| DR VINOD CHACHRA | DIRECTOR | 1 | — |
| NELSON CHU | DIRECTOR | 1 | — |
| DR X J MENG | DIRECTOR | 1 | — |
| JOHN NEWBY | DIRECTOR | 1 | — |
| DR JENNIFER REYNOLDS | DIRECTOR | 1 | — |
| BRANDY SALMON | PRESIDENT | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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