University Of Louisville Research Foundation Inc is located in Louisville, KY. The organization was established in 1984. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Louisville 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 Louisville Research Foundation Inc generated $598.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $541.0m during the year ending 06/2021. While expenses have increased by 4.2% 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.
Since 2015, University Of Louisville Research Foundation Inc has awarded 17 individual grants totaling $476,063. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION IS ORGANIZED FOR THE PURPOSE OF PROMOTING AND SUPPORTING RESEARCH PROJECTS, INVESTIGATIONS, CLINICAL SERVICES, AND OTHER ACTIVITIES RELATING TO THE MISSIONS OF THE UNIVERSITY OF LOUISVILLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION HOUSES FINANCIAL ACTIVITY RELATED TO SERVICES PROVIDED BY THE UOFL HEALTH SCIENCES CENTER AND OVER 1,100 PHYSICIAN FACULTY WITHIN THE UNIVERSITY'S SCHOOL OF MEDICINE. THE FACULTY AT THE SCHOOL OF MEDICINE STAFF 250 CLINICS OVER A MULTI-STATE REGION AND PROVIDED THE FOLLOWING SERVICES DURING THE FISCAL YEAR: - ADDED 9 SERVICE LINES AND LOCATIONS TO SERVE THE LOCAL COMMUNITY AND THE COMMONWEALTH; - BUILT A COMPREHENSIVE ACCESS CENTER TO IMPROVE PATIENT ACCESS INTO THE UNIVERSITY'S HEALTHCARE SYSTEM; - TREATMENT PROVIDED IN OVER 830,000 SEPARATE PATIENT VISITS; - ADDED MORE THAN 82,000 NEW PATIENTS TO CLINICS; AND - ADDED 43 NEW PHYSICIANS AND 20 ADVANCED PRACTICE PRACTITIONERS TO THE UNIVERSITY'S CLINICS THROUGHOUT THE REGION.
THE UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION (ULRF) SECURED OVER $200 MILLION IN FUNDING DURING THE FISCAL YEAR TO SUPPORT NEW AND CONTINUED GROUNDBREAKING RESEARCH. IT WAS THE ORGANIZATION'S MOST SUCCESSFUL YEAR IN ITS HISTORY FOR SECURING SUCH AWARDS FOR COMPETITIVELY-FUNDED RESEARCH. THIS INCREASE IN FUNDING TOTALED MORE THAN $30 MILLION WHICH WAS MORE THAN THE RECORD SET IN THE PREVIOUS YEAR. FUNDING FOR ULRF'S PROJECTS SUPPORTED WORK TO ADDRESS SOME OF THE BIGGEST GLOBAL PROBLEMS OF OUR TIME, INCLUDING: - ESTABLISHMENT OF THE CO-IMMUNITY PROJECT WHICH INCLUDED (1) IDENTIFYING COVID-19 RISKS TO HOSPITAL AND FRONTLINE HEALTHCARE PROVIDERS AND THEIR PATIENTS IN ORDER TO ASSIST HEALTHCARE SYSTEMS WITH IDENTIFYING POTENTIAL RESOURCE STRESSORS WHEN MAKING STAFFING DECISIONS; (2) USING A COMPREHENSIVE WASTEWATER-BASED EPIDEMIOLOGY PROGRAM TO MONITOR THE PRESENCE AND SPREAD OF SARS-COV-2 THROUGH AND EXTENSIVE ANALYSIS OF COMMUNITY WASTEWATER; (3) USING A SURFACE WATER STUDY TO DETERMINE THE PRESENCE OF SARS-COV-2 IN SURFACE WATER TO PROVIDE TOOLS FOR PUBLIC LEADERS AND WATERWAY USERS TO MAKE INFORMED DECISIONS; AND (4) CONDUCTING A COMMUNITY STUDY TO LEARN THE RATE OF COVID-19 INFECTION SO THAT MEMBERS OF THE COMMUNITY COULD MAKE INFORMED DECISIONS ABOUT PARTICIPATION IN LOCAL GROUP ACTIVITIES. - DEVELOPMENT OF A PHARMACEUTICAL AGENT TO PREVENT SERIOUS VIRAL RESPIRATORY INFECTIONS SUCH AS COVID-19 USING Q-GRIFFITHSIN, A DRUG COMPOUND DEVELOPED AND CO-OWNED BY THE ORGANIZATION. - RENOVATION OF RESEARCH FACILITIES TO PROVIDE A CENTRALIZED VIVARIUM TO HOUSE RODENT AND AQUATICS SPECIES TO SUPPORT A BROAD RANGE OF RESEARCH EFFORTS. - CREATION OF A COALITION OF SCHOOLS CALLED "PATHWAYS COALITION" TO CREATE A CYBERSECURITY WORKFORCE CERTIFICATE PROGRAM FOCUSING ON ENHANCING STUDENT KNOWLEDGE IN THE REALM OF CYBERSECURITY FOUNDATIONAL COURSES WHILE USING HEALTHCARE DATA EXAMPLES AND USE CASES. - USING THE UNIVERSITY'S CENTER FOR INTEGRATIVE ENVIRONMENTAL HEALTH SCIENCE (CIEHS) TO FACILITATE CONTINUED RESEARCH AND TRAINING FOCUSING ON EXPOSURE TO INDUSTRIAL CHEMICALS AND LIFESTYLE FACTORS IN THE DEVELOPMENT OF CHRONIC ADULT DISEASES. - FACILITATED INCREASED ACCESS TO ORAL HEALTH CARE SERVICES FOR PEOPLE LIVING WITH HIV, WHILE PROVIDING EDUCATION AND CLINICAL TRAINING FOR DENTAL CARE PROVIDERS, THROUGH THE RYAN WHITE PART B PROGRAM. - CONTINUED RESEARCH ON EPIDURAL STIMULATION IMPROVEMENT OF NEUROGENIC LOCOMOTOER, BLADDER, AND BOWEL FUNCTION FOR INDIVIDUALS WITH ACUTE SPINAL CORD INJURY.
THE UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION PROVIDES FUNDING FOR STUDENT SCHOLARSHIPS AT THE UNIVERSITY OF LOUISVILLE. DURING THE FISCAL YEAR, THE ORGANIZATION PROVIDED ALMOST $58 MILLION IN FUNDS TO OVER 16,000 STUDENTS AT THE UNIVERSITY.
THE UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION PROVIDES MULTIPLE OPPORTUNITIES FOR CONFERENCES, TRAINING, AND CONTINUING EDUCATION ACTIVITIES FOR MEDICAL AND OTHER PROFESSIONALS ESTABLISHED IN THEIR FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Former Treasurer | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Univ Of Kentucky Research Fdn Research Services | 6/29/21 | $1,184,246 |
University Of Louisville Physicians Medical/healthcare | 6/29/21 | $12,160,290 |
University Medical Center Medical Services | 6/29/21 | $836,864 |
Sellers Dorsey & Assoc Consulting | 6/29/21 | $1,178,529 |
Westat Inc Research Services | 6/29/21 | $805,536 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $167,561,265 |
All other contributions, gifts, grants, and similar amounts not included above | $51,272,286 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $218,833,551 |
Total Program Service Revenue | $378,744,896 |
Investment income | -$5,404 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $833,311 |
Net Rental Income | $3,910 |
Net Gain/Loss on Asset Sales | -$7,995 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$118,236 |
Miscellaneous Revenue | $0 |
Total Revenue | $598,374,107 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $55,110 |
Grants and other assistance to domestic individuals. | $57,834,810 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,381,726 |
Fees for services: Accounting | $22,679 |
Fees for services: Lobbying | $180,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $395,767,812 |
Advertising and promotion | $435,384 |
Office expenses | $1,201,212 |
Information technology | $8,114,651 |
Royalties | $165,527 |
Occupancy | $6,559,119 |
Travel | $904,524 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,862,274 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,863,181 |
Insurance | $796,910 |
All other expenses | $3,700,623 |
Total functional expenses | $540,984,744 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,055 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $67,655,672 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $103,454,548 |
Inventories for sale or use | $544,034 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $54,192,756 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $678,729 |
Total assets | $226,534,794 |
Accounts payable and accrued expenses | $26,118,419 |
Grants payable | $0 |
Deferred revenue | $7,081,044 |
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 | $35,712,679 |
Total liabilities | $68,912,142 |
Net assets without donor restrictions | $0 |
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 | $157,622,652 |
Total liabilities and net assets/fund balances | $226,534,794 |
Over the last fiscal year, University Of Louisville Research Foundation Inc has awarded $110,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Louisville, KY PURPOSE: Research Support | $50,000 |
Louisville, KY PURPOSE: Research Support | $50,000 |
Louisville, KY PURPOSE: Mission Support | $5,000 |
Louisville, KY PURPOSE: Mission Support | $5,000 |
Over the last fiscal year, we have identified 17 grants that University Of Louisville Research Foundation Inc has recieved totaling $2,834,525.
Awarding Organization | Amount |
---|---|
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ PURPOSE: BIG IDEA | $938,457 |
American Heart Association Inc Dallas, TX PURPOSE: RESEARCH | $570,176 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $229,130 |
American Lung Association Chicago, IL PURPOSE: RESEARCH | $200,000 |
Childrens Hospital Foundation Louisville, KY PURPOSE: FUNDING OF ENDOWED CHAIRS, RESEARCH AND EDUCATION | $196,479 |
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ PURPOSE: BIG IDEA | $147,160 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Louisville Research Foundation Inc Louisville, KY | $226,534,794 | $598,374,107 |
Ui Labs Chicago, IL | $26,597,327 | $10,302,345 |
Regenstrief Institute Inc Indianapolis, IN | $44,058,559 | $25,322,976 |
The Mind Trust Inc Indianapolis, IN | $18,983,816 | $10,830,656 |
Extension Foundation Kansas City, MO | $2,522,851 | $10,713,284 |
Biostl St Louis, MO | $11,983,607 | $9,906,335 |
America First Inc Arlington, VA | $3,850,844 | $14,195,522 |
National Student Clearinghouse Research Center Herndon, VA | $3,158,535 | $8,719,036 |
American Bankruptcy Institute Alexandria, VA | $21,045,850 | $6,767,069 |
Ohio State Innovation Foundation Columbus, OH | $6,188,077 | $3,748,357 |
Kentucky Pharmacy Education And Research Foundation Inc Frankfort, KY | $611,145 | $5,496,404 |
Civic Consulting Alliance Chicago, IL | $1,929,155 | $5,037,330 |