University Of Utah Research Foundation

Organization Overview

University Of Utah Research Foundation is located in Salt Lake City, UT. The organization was established in 1972. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 Utah Research Foundation 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 06/2022, University Of Utah Research Foundation generated $26.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $11.2m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT UNIVERSITY OF UTAH RESEARCH AND ADMINISTER UNIVERSITY RESEARCH PARK

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS AND RESEARCH SUPPORT TO THE UNIVERSITY OF UTAH


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ballard Spahr Llp
Atty Service For Patents
$801,258
Thorpe North & Western Llp
Atty Service For Patents
$280,896
Workman Nydegger
Atty Service For Patents
$346,387
Master Data Center
Atty Service For Patents
$205,656
Michael Best & Friedrich Llp
Atty Service For Patents
$375,024
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,600,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,600,000
Total Program Service Revenue$0
Investment income -$451,271
Tax Exempt Bond Proceeds $0
Royalties $12,344,680
Net Rental Income $8,649,394
Net Gain/Loss on Asset Sales $165,834
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,132,674

Grants Recieved

Over the last fiscal year, we have identified 3 grants that University Of Utah Research Foundation has recieved totaling $1,672,500.

Awarding OrganizationAmount
American Cancer Society Inc

Kennesaw, GA

PURPOSE: Extramural Research Grant

$1,447,500
The Community Foundation Of Utah

Salt Lake City, UT

PURPOSE: GENERAL SUPPORT

$150,000
American College Of Radiology

Reston, VA

PURPOSE: PROGRAM SUPPORT

$75,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,930,273
Earnings-$146,927
Ending Balance$2,783,346

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