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UNIVERSITY OF VIRGINIA LICENSING & VENTURES GROUP

EIN 54-1045487 CHARLOTTESVLE, VA

Revenue 2024
$11,383,590
Expenses 2024
$11,420,744

Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B110
Classification
1200
Street
722 PRESTON AVE STE 107

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • MICHAEL LENOX

    DIRECTOR

    Total calculated
    $737,899
    From this org
    $0
    From related orgs
    $633,313
    Other
    $104,586
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $567,091 related
    Bonus
    $0 + $65,000 related
    Other
    $0 + $1,222 related
    Deferred
    $0 + $60,602 related
    Nontaxable benefits
    $0 + $43,984 related
    Filer's total
    $0 + $737,899 related

  • JENNIFER WEST

    DIRECTOR

    Total calculated
    $658,435
    From this org
    $0
    From related orgs
    $542,909
    Other
    $115,526
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $530,723 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $2,186 related
    Deferred
    $0 + $78,054 related
    Nontaxable benefits
    $0 + $37,472 related
    Filer's total
    $0 + $658,435 related

  • JEFFREY MARTENS

    DIRECTOR

    Total calculated
    $469,423
    From this org
    $0
    From related orgs
    $410,546
    Other
    $58,877
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,774 related
    Bonus
    $0 + $37,091 related
    Other
    $0 + $1,681 related
    Deferred
    $0 + $33,444 related
    Nontaxable benefits
    $0 + $25,433 related
    Filer's total
    $0 + $469,423 related

  • RICHARD CHYLLA

    EXECUTIVE DIRECTOR

    Total calculated
    $467,074
    From this org
    $405,833
    From related orgs
    $0
    Other
    $61,241
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $353,333
    Bonus
    $52,500
    Other
    $0
    Deferred
    $37,093
    Nontaxable benefits
    $24,148
    Filer's total
    $467,074

  • LORI MCMAHON

    DIRECTOR

    Total calculated
    $412,663
    From this org
    $0
    From related orgs
    $365,695
    Other
    $46,968
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,226 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $1,469 related
    Deferred
    $0 + $29,073 related
    Nontaxable benefits
    $0 + $17,895 related
    Filer's total
    $0 + $412,663 related

  • ROBERT CREEDEN

    DIRECTOR OF UVA LVG SEED FUND

    Total calculated
    $302,112
    From this org
    $257,081
    From related orgs
    $0
    Other
    $45,031
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $252,081
    Bonus
    $5,000
    Other
    $0
    Deferred
    $25,934
    Nontaxable benefits
    $19,097
    Filer's total
    $302,112

  • ROBERT DECKER

    BOARD SECRETARY, SENIOR PATENT COUNSEL

    Total calculated
    $282,841
    From this org
    $235,952
    From related orgs
    $0
    Other
    $46,889
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,952
    Bonus
    $4,000
    Other
    $0
    Deferred
    $23,247
    Nontaxable benefits
    $23,642
    Filer's total
    $282,841

  • JILL SIMANDL

    DIRECTOR OF FINANCE AND OPERATIONS

    Total calculated
    $206,345
    From this org
    $170,167
    From related orgs
    $0
    Other
    $36,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,167
    Bonus
    $5,000
    Other
    $0
    Deferred
    $17,831
    Nontaxable benefits
    $18,347
    Filer's total
    $206,345

  • JOSHUA MAULDIN

    DIRECTOR OF LICENSING

    Total calculated
    $203,499
    From this org
    $164,147
    From related orgs
    $0
    Other
    $39,352
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,647
    Bonus
    $4,500
    Other
    $0
    Deferred
    $16,792
    Nontaxable benefits
    $22,560
    Filer's total
    $203,499

  • JONATHAN RUDD

    LICENSING MANAGER

    Total calculated
    $136,674
    From this org
    $112,762
    From related orgs
    $0
    Other
    $23,912
    Hours/week
    40

  • CORTNEY MUSHILL

    LICENSING MANAGER

    Total calculated
    $133,809
    From this org
    $105,469
    From related orgs
    $0
    Other
    $28,340
    Hours/week
    40

  • FRED EPSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • PETER GRANT II

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ERIK HEWLETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN LAZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL MICHEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RONALD NEWBOLD

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD TADLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KWAME ULMER

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $11,383,590
    Expenses
    $11,420,744
    Contributions
    $0
    Grants paid
    $2,502,067
  • 2023
    Revenue
    $9,961,448
    Expenses
    $9,957,478
    Contributions
    $250,000
    Grants paid
    $1,346,085
  • 2022
    Revenue
    $9,568,923
    Expenses
    $9,563,970
    Contributions
    $0
    Grants paid
    $1,941,034

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

  • UNIVERSITY OF VIRGINIA

    $2,502,067

    2024 THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE UNIVERSITY OF VIRGINIA. THE AMOUNT OF CASH PAID TO THE UNIVERSITY FOR DISTRIBUTIONS OF ROYALITIES TO THE INNOVATION & SCHOLARLY ACTIVITIES FUND AND TO THE UNIVERSITY IS BASED ON THE AGREEMENT BETWEEN THE FOUNDATION AND THE UNIVERSITY OF VIRGINIA. THE PAYMENT DOES NOT INCLUDE ANY REFUND FOR OVERPAYMENT OF FEES FOR SERVICES RENDERED.

  • UNIVERSITY OF VIRGINIA

    $1,941,034

    2022 THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE UNIVERSITY OF VIRGINIA. THE AMOUNT OF CASH PAID TO THE UNIVERSITY FOR DISTRIBUTIONS OF ROYALITIES TO THE INNOVATION & SCHOLARLY ACTIVITIES FUND AND TO THE UNIVERSITY IS BASED ON THE AGREEMENT BETWEEN THE FOUNDATION AND THE UNIVERSITY OF VIRGINIA. THE PAYMENT DOES NOT INCLUDE ANY REFUND FOR OVERPAYMENT OF FEES FOR SERVICES RENDERED.

  • UNIVERSITY OF VIRGINIA

    $1,346,085

    2023 THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE UNIVERSITY OF VIRGINIA. THE AMOUNT OF CASH PAID TO THE UNIVERSITY FOR DISTRIBUTIONS OF ROYALITIES TO THE INNOVATION & SCHOLARLY ACTIVITIES FUND AND TO THE UNIVERSITY IS BASED ON THE AGREEMENT BETWEEN THE FOUNDATION AND THE UNIVERSITY OF VIRGINIA. THE PAYMENT DOES NOT INCLUDE ANY REFUND FOR OVERPAYMENT OF FEES FOR SERVICES RENDERED.

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.