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Filing year 2024

UNIVERSITY OF VIRGINIA PATENT FOUNDATION

Charlottesville, Virginia·EIN 54-1045487·NTEE B110 · Education·3
Total revenue
$11.4M
Total assets
$19.9M
Total expenses
$11.4M
Reported officers
19
Mission

THE UVA LICENSING AND VENTURES GROUP IS DEDICATED TO GROWING AND GUIDING UNIVERSITY INNOVATIONS WHILE IMPROVING LIVES ON GROUNDS AND AROUND THE WORLD.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Executive Director
$467k
$495k
Base
$353k
Bonus
$53k
Other
Benefits
$24k
Director of Uva Lvg Seed Fund
highest compensated employee
$302k
$320k
Base
$252k
Bonus
$5k
Other
Benefits
$19k
Board Secretary, Senior Patent Counsel
board secretary
$283k
$300k
Base
$232k
Bonus
$4k
Other
Benefits
$24k
Director of Finance and Operations
$206k
$219k
Base
$165k
Bonus
$5k
Other
Benefits
$18k
Director of Licensing
highest compensated employee
$203k
$216k
Base
$160k
Bonus
$5k
Other
Benefits
$23k
Licensing Manager
highest compensated employee
$137k
$145k
Licensing Manager
highest compensated employee
$134k
$142k
Director
board member
$116k
$123k
Director
board member
$105k
$111k
Director
board member
$59k
$62k
Director
board member
$47k
$50k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Education

Climbed 19%
over 2 years

From $392k in 2022 to $467k in 2024.

$392k
2022
$460k
2023
$467k
2024
In today's dollarsEst.
Up 11% in real terms$447k to $495k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

UNIVERSITY OF VIRGINIA PATENT FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$9.6M
$9.6M
2022
$10M
$10M
2023
$11.4M
$11.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $103,585.

25th percentile
$39k
Median
$103,585
75th percentile
$249k
90th percentile
$462k

These are education sector-wide figures, not this organization's reported pay. Based on 263 organizations across 263 filings (2021 – 2023).

See full Education pay data for Virginia
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