Intellectual Property Owners Education Foundation
- Assets
- $1.2m
- Revenue
- $365.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 52-2250648
Organization Overview
Intellectual Property Owners Education Foundation, operating under the name Ipo Education Foundation Ipoef, is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (I02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ipo Education Foundation Ipoef is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ipo Education Foundation Ipoef generated $365.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $420.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IPO EDUCATION FOUNDATION IS DEVOTED TO EDUCATIONAL AND CHARITABLE ACTIVITIES DESIGNED TO PROMOTE AN UNDERSTANDING AND RESPECT OF INTELLECTUAL PROPERTY AND ITS VALUE TO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDS DINNER:THE 2021 AWARDS CELEBRATION WAS HELD VIRTUALLY DUE TO PANDEMIC-RELATED GATHERING RESTRICTIONS. AWARDS WERE GIVEN TO MEMBERS OF THE IP AND INNOVATION COMMUNITIES TO CELEBRATE ACHIEVEMENT IN THE FIELDS OF INNOVATION, CREATIVITY AND IP RIGHTS. THE INVENTOR OF THE YEAR AWARD RECOGNIZED THE WORLD'S MOST OUTSTANDING RECENT INVENTORS AND HOW THEY BENEFIT THE NATION'S ECONOMY AND QUALITY OF LIFE. THE FOUNDATION PRESENTED THE IP CHAMPION AWARD THAT RECOGNIZED EXTRAORDINARY LEADERSHIP IN ADVOCATING FOR THE VALUE OF INTELLECTUAL PROPERTY TO STIMULATE THE PROGRESS OF INNOVATION. THE EXECUTIVE OF THE YEAR AWARD WAS RECOGNIZED AT THIS EVENT FOR AN EXECUTIVE WHO IS COMMITTED TO THE CREATION, PROMOTION, AND PROTECTION OF INTELLECTUAL PROPERTY. BECAUSE OF THE FLEXIBILITY OF A VIRTUAL EVENT, THE PROGRAM INCLUDED ADDITIONAL PANEL DISCUSSIONS AND FIRESIDE CHATS OVER THREE DAYS.
IPO EDUCATION FOUNDATION PODCAST SERIES:THE STROKE OF GENIUS PODCAST LAUNCHED IN 2018 TO EDUCATE ENTREPRENEURS, BUSINESS PEOPLE, ASPIRING INVENTORS, AND THE GENERAL PUBLIC ABOUT THE IMPORTANCE OF INTELLECTUAL PROPERTY TO THE INNOVATION PROCESS. THE FOUNDATION WORKED WITH A PODCAST PRODUCTION COMPANY TO PRODUCE EPISODES. SEASONS ONE AND TWO INCLUDED EIGHT, 30-MINUTE EPISODES FEATURING INVENTORS WHO TELL THEIR STORIES ABOUT THE CREATIVITY AND INSPIRATION BEHIND THEIR INVENTIONS AND THE IMPORTANT ROLE INTELLECTUAL PROPERTY PLAYS. SEASON THREE, LAUNCHED IN 2020, EXPLORED THE PRESSING QUESTIONS AND FASCINATING STORIES FROM THE WORLD OF INTELLECTUAL PROPERTY. SEASON FOUR, LAUNCHED IN 2021, ADDRESSED ALL FORMS OF INTELLECTUAL PROPERTY AND HOW COMMUNITIES THAT ARE HISTORICALLY UNDERREPRESENTED IN THE IP SYSTEM ARE IMPACTED. TOPICS INCLUDED INNOVATION BY IMMIGRANTS TO THE UNITED STATES, FOOD DESERTS AND HOW TO SOLVE THEM WITH IP, OVERLOOKED INVENTORS FROM HISTORY, EMERGING ENTREPRENEURS, AND MORE.
MEDIA RELATIONS CAMPAIGN:THE PARTNERSHIP WITH WEBER SHANDWICK EXPIRED IN 2018 AND EXTERNAL COMMUNICATIONS WERE TAKEN OVER BY STAFF TO PROMOTE THE VALUE OF INTELLECTUAL PROPERTY TO THE MEDIA THROUGH PRINT (I.E. INVENTORS DIGEST IN 2019) AND DIGITAL MEDIA (I.E. SOCIAL MEDIA PLATFORMS AND IPOEF WEBPAGE). FUN FACTS ABOUT IP AND STORIES OF INNOVATORS WITH DIVERSE BACKGROUNDS ARE SHARED TO INSPIRE THE ORGANIZATION'S FOLLOWERS, FOR EXAMPLE TRADEMARKS ON HALLOWEEN CANDY, INNOVATORS AND INVENTORS DURING BLACK HISTORY MONTH, WOMEN'S HISTORY MONTH, LGBTQ+ PRIDE MONTH, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manny W Schecter President | OfficerTrustee | 1 | $0 |
Robert Deberardine Treasurer | OfficerTrustee | 1 | $0 |
Samantha Aguayo Deputy Executive Director & Chief Policy Counsel | Officer | 3.75 | $0 |
Jessica K Landacre Executive Director/secreta | Officer | 18.75 | $0 |
Ariana Woods Director | Trustee | 1 | $0 |
Bart Eppenauer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,250 |
| Total Program Service Revenue | $192,250 |
| Investment income | $6,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $365,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,000 |
| Payroll taxes | $7,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,498 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,955 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,318 |
| Information technology | $2,812 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $196,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,412 |
| Total functional expenses | $420,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,626 |
| Savings and temporary cash investments | $249,622 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,841 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $350,794 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,172,883 |
| Accounts payable and accrued expenses | $63,973 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,422 |
| Total liabilities | $76,395 |
| Net assets without donor restrictions | $1,096,488 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,172,883 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Intellectual Property Owners Education Foundation has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Native American Heritage Association Front Royal, VA | $28,167,593 | $82,634,591 |
Defender Association Of Philadelphia Philadelphia, PA | $30,226,371 | $74,615,150 |
Prison Fellowship Ministries Landsdowne, VA | $33,350,548 | $61,069,795 |
National Center For State Courts Williamsburg, VA | $41,032,163 | $55,178,370 |
Legal Aid Of North Carolina Inc Raleigh, NC | $20,293,978 | $46,798,720 |
National Center For Missing And Exploited Children Alexandria, VA | $86,703,413 | $53,896,819 |
Kind Inc Washington, DC | $33,572,798 | $46,801,634 |
US Chamber Institute for Legal Reform Washington, DC | $0 | $9,809,081 |
Pennsylvania Legal Aid Network Harrisburg, PA | $5,685,750 | $35,650,270 |
The V Foundation Cary, NC | $79,722,279 | $38,304,202 |
National Center On Institutions And Alternatives Inc Baltimore, MD | $28,906,060 | $38,419,646 |
National Law Enforcement Officers Memorial Fund Inc Washington, DC | $151,671,327 | $20,894,378 |