Overview
What is The University Of Memphis Research Foundation?
The University of Memphis Research Foundation is a nonprofit organization located in Memphis, Tennessee, serving as a 501(c)(3) entity for the university. Its primary purpose is to facilitate and manage sponsored research and educational activities on behalf of the university's faculty and staff. The foundation currently oversees 14 active projects, funded by 1 unique sponsor, and manages several patents generated through research. By acting as an intermediary, the foundation enables faculty and staff to apply for grants from sponsors requiring a 501(c)(3) organization and to contract with sponsors that cannot comply with Tennessee laws. Additionally, for non-cost-reimbursable program services funded by multiple sponsors, the foundation maintains separate accounting records, reducing the administrative burden on the university's accounting staff. The foundation's mission is twofold: encouraging, promoting, and aiding the fulfillment of education, research, and service functions at the University of Memphis (U of M), as well as aiding the transfer of technology generated from research conducted by U of M faculty, staff, and students.
Official website here: www.umrfoundation.org
Is The University Of Memphis Research Foundation legitimate?
The University Of Memphis Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of Memphis Research Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.umrfoundation.org
What is the mission statement of The University Of Memphis Research Foundation?
The University of Memphis Research Foundation's mission is to encourage, promote, and aid the educational, research, and service functions of the University of Memphis (U of M). Additionally, it seeks to facilitate the transfer of technology generated through research by U of M faculty, staff, and students. The foundation supports various educational and service activities, administered on behalf of U of M faculty and staff, through sponsored research. It also manages several patents and offers benefits to the university, such as enabling faculty and staff to apply for grants from sponsors requiring a 501(c)(3) organization, and allowing them to contract with sponsors that cannot comply with TN laws for university contracts.
Official website here: www.umrfoundation.org
Who is the CEO of The University Of Memphis Research Foundation?
Jasbir Dhaliwal is the Chairman of The University Of Memphis Research Foundation.
Official website here: www.umrfoundation.org
What is the revenue of The University Of Memphis Research Foundation?
The University Of Memphis Research Foundation's revenue in 2023 was $2,093,460.
Official website here: www.umrfoundation.org
Who are the executives of The University Of Memphis Research Foundation and what are their salaries?
- Bill Hardgrave (Chairman) [Trustee/Director]
- Dr David Rudd (Former Chairman)
- Jasbir Dhaliwal (Executive Director)
- Raajkumar Kurapati (Director)
- Abby Parrill-Baker (Former Director)
- Richard Bloomer (Director)
- Gary Emmert (Director)
- Erika Dillard (Director)
- David Scully (Secretary/Treasurer) [Trustee/Director]
- Jan Bouten (Director)
- Lakita Cavin (Director)
- Brad Phillips (Director)
- Scott Vogel (Director)
- Tim Whitehorn (Director)
- Tom Kadien (Director)
- Cody Behles (Director)
- Firouzeh Sabri (Director)
Official website here: www.umrfoundation.org
Where can I find the form 990 for The University Of Memphis Research Foundation?
The The University Of Memphis Research Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.umrfoundation.org
Learn more at the official website: www.umrfoundation.org
Mission Statement of The University Of Memphis Research Foundation
The University of Memphis Research Foundation exists to encourage, promote, and aid the fulfillment of educational, research, and service functions of the University of Memphis (U of M). Beyond this primary purpose, the foundation also seeks to facilitate the transfer of technology generated during research by U of M faculty, staff, and students. In essence, the foundation serves as a bridge, connecting the university's academic and research endeavors with potential sponsors and partners, thereby providing additional opportunities for growth and innovation.
By assuming this role, the foundation offers various benefits to the university. One such advantage is enabling faculty and staff to apply for grants from sponsors whose eligibility criteria require a 501(c)(3) organization. This provision expands the university's funding opportunities, potentially securing additional resources for its research and educational projects.
Furthermore, the foundation allows faculty and staff to contract with sponsors that cannot accept Tennessee laws (required for university contracts). This flexibility accommodates partnerships with organizations based in other states or regions, thereby broadening the university's collaborative network and expanding its influence in the academic and research communities.
In conclusion, the University of Memphis Research Foundation serves a vital function in supporting and expanding the university's educational, research, and service activities. By acting as a conduit for grant applications and contractual agreements, the foundation enables the U of M to access a wider range of funding sources and collaborative opportunities, thereby fostering innovation and growth within the academic community.
Impact
This information is meant to be a general summary of The University Of Memphis Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The University of Memphis Research Foundation plays a significant role in supporting the education, research, and service functions of the University of Memphis. Through sponsored research and other educational/service activities, the foundation has administered multiple projects funded by various sponsors. Additionally, it manages patents and provides benefits to faculty and staff, such as grant applications and contracting opportunities that enhance the university's research capabilities. Overall, the foundation's impact lies in facilitating the transfer of technology and knowledge generated by the University of Memphis community towards furthering research and educational endeavors.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH PARK
Revenue
$146,826
Organization Details
Founding Year
2006
Phone
(901) 678-1596
Principal Officer
Jasbir Dhaliwal
Main Address
365 FOGELMAN DR 303, MEMPHIS, TN, 381523115
Website
www.umrfoundation.org
NTEE Category
Code: B19 - Education
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