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VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION

EIN 54-1854399 RICHMOND, VA

Revenue 2024
$3,946,392
Expenses 2024
$3,154,296

Program services were 94.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
H99Z
Classification
1000
Street
800 E LEIGH ST STE 3000

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.

  • DR IVELINA S METCHEVA

    PRESIDENT

    Total calculated
    $250,801
    From this org
    $0
    From related orgs
    $213,931
    Other
    $36,870
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $213,931 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $36,870 related
    Filer's total
    $0 + $250,801 related
  • ANDREW WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MR SPENCER WILLIAMSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • P SRIRAMA RAO

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • DR DALES JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DR REINHOLD BRAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RICHARD PELLEGRINO

    DIRECTOR

    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
    $3,946,392
    Expenses
    $3,154,296
    Contributions
    $711,743
    Grants paid
    $0
  • 2023
    Revenue
    $3,349,198
    Expenses
    $3,190,692
    Contributions
    $538,322
    Grants paid
    $0
  • 2022
    Revenue
    $2,808,546
    Expenses
    $2,987,908
    Contributions
    $419,833
    Grants paid
    $0

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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.