Uwm Research Foundation Inc

Organization Overview

Uwm Research Foundation Inc is located in Milwaukee, WI. The organization was established in 2007. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uwm 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, Uwm Research Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 2.3% 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

SUPPORT RESEARCH AND INNOVATION AT THE UNIVERSITY OF WISCONSIN-MILWAUKEE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT RESEARCH AND INNOVATION AT THE UNIVERSITY OF WISCONSIN-MILWAUKEE BY PROVIDING FUNDING FOR SCHOLARSHIPS AND GRANTS AND BY ENGAGING IN CORPORATE PARTNERING ACTIVITIES TO THAT END.


THE BRADLEY CATALYST GRANT PROGRAM IS DESIGNED FOR FOCUS ON SCIENCE AND ENGINEERING THAT HELPS FOSTER BASIC DISCOVERY AT THE UNIVERSITY OF WISCONSIN-MILWAUKEE AND BRING THOSE DISCOVERIES CLOSER TO COMMERCIALIZATION. FIVE GRANTS TOTAL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Michael Best & Friedrich Llp
Legal Services
$252,450
University Of Wisconsin - Milwaukee
Various Services
$150,432
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$228,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$713,227
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$941,227
Total Program Service Revenue$372,591
Investment income $455,695
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 $1,769,513

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Uwm Research Foundation Inc has recieved totaling $160,000.

Awarding OrganizationAmount
Lynde And Harry Bradley Foundation Inc

Milwaukee, WI

PURPOSE: TO SUPPORT THE BRADLEY CATALYST GRANT PROGRAM

$150,000
Marjorie Siebert Aylen Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,325,367
Earnings$439,662
Other Expense$57,448
Ending Balance$1,707,581

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