University Of Central Florida Research Foundation Inc

Organization Overview

University Of Central Florida Research Foundation Inc is located in Orlando, FL. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Central Florida Research Foundation Inc 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 06/2021, University Of Central Florida Research Foundation Inc generated $16.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $15.0m during the year ending 06/2021. While expenses have increased by 7.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE RESEARCH AND SPONSORED PROGRAM ACTIVITIES OF FACULTY, STAFF, AND STUDENTS WHILE PROVIDING HIGH QUALITY ADMINISTRATIVE, FISCAL, AND SUPPORT SERVICES IN A USER-FRIENDLY AND EFFICIENT MANNER. ALSO TO CREATE AND DEVELOP OPPORTUNITIES TO INCREASE SPONSORED PROGRAM ACTIVITY, PROTECT UNIVERSITY-DEVELOPED INTELLECTUAL PROPERTY, AND MAXIMIZE THE UTILIZATION OF RESEARCH RESULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE DEVELOPMENT OF RESEARCH, THE PROVISION OF BUILDINGS FOR SUCH RESEARCH ACTIVITIES, AND TO PROVIDE A MEANS BY WHICH INVENTIONS AND COPYRIGHTABLE MATERIALS MAY BE DEVELOPED, PATENTED, APPLIED AND UTILIZED.


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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$1,546,866
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,546,866
Total Program Service Revenue$10,389,260
Investment income $371,771
Tax Exempt Bond Proceeds $0
Royalties $2,400,379
Net Rental Income $135,131
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 $16,545,937

Grants Recieved

Over the last fiscal year, we have identified 9 grants that University Of Central Florida Research Foundation Inc has recieved totaling $469,458.

Awarding OrganizationAmount
Additonal Ventures Foundation

Palo Alto, CA

PURPOSE: SINGLE VENTRICLE RESEARCH FUND

$122,712
Floridamakes Inc

Orlando, FL

PURPOSE: NIST COOPERATIVE AGREEMENT - TO FACILITATE MEP ACTIVITIES IN ACCORDANCE WITH FLORIDAMAKES MISSION TO ESTABLISH, PROMOTE, MAINTAIN, AND EXPAND A STATEWIDE MEP IDENTITY.

$120,838
Additonal Ventures Foundation

Palo Alto, CA

PURPOSE: SINGLE VENTRICLE RESEARCH FUND

$100,767
Tides Foundation

San Francisco, CA

PURPOSE: SUSTAINABLE ENVIRONMENT

$50,000
Adventist Health System Sunbelt Inc

Altamonte Springs, FL

PURPOSE: General Support

$30,179
Sea Turtle Conservancy

Gainesville, FL

PURPOSE: Research

$27,743
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,821,076
Net Contributions$1,546,866
Other Expense$1,412,707
Ending Balance$1,955,235

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