Compensation 990

University of Florida Research Foundation Inc.

Fiscal year ending 2023. Filed on May 13, 2024.

PO Box 115500
Gainesville, Florida 32611

University of Florida Research Foundation Inc. (EIN: 59-2729133) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, University of Florida Research Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 20 out of 65 total employees. Among the employees shown here, the average compensation is $489,103. The highest compensated employee at University of Florida Research Foundation Inc. is David Nelson with fiscal year 2023 compensation of $1,617,963.

Revenue, expenses, and employee compensation

Revenue

$50,936,738

Expenses

$49,536,773

Employee compensation

$4,719,132
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.1%vs 2022
David Nelson
Board Member
$1,617,963
$0 from org$1,566,779 from related$51,184 other
＋3.2%vs 2022
Dr Kent Fuchs
Board Member
$1,267,912
$0 from org$1,147,887 from related$120,025 other
－4.7%vs 2022
Chris Cowen
Treasurer
$851,749
$0 from org$748,858 from related$102,891 other
＋10.2%vs 2022
Dr Joseph Glover
Board Member
$677,738
$0 from org$623,297 from related$54,441 other
＋0.3%vs 2022
Saby Mitra
Board Member
$585,815
$0 from org$534,031 from related$51,784 other
＋16.8%vs 2022
Curtis Reynolds
Board Member
$539,692
$0 from org$421,617 from related$118,075 other
＋7.6%vs 2022
Dr David P Norton
Chair and President
$494,560
$110,857 from org$332,572 from related$51,131 other
＋2.4%vs 2022
Dr Cammy R Abernathy
Board Member, Until 12/2022
$473,676
$0 from org$409,522 from related$64,154 other
＋2.2%vs 2022
Dr David Richardson
Board Member
$443,512
$0 from org$383,880 from related$59,632 other
＋1.7%vs 2022
Scott Angle
Board Member
$437,160
$0 from org$385,005 from related$52,155 other
＋4.9%vs 2022
James O'Connell
Director of TECH Licensing
$356,190
$300,034 from orgNo related comp$56,156 other
New in 2023
Dr Forrest Masters
Board Member, AS of 1/2023
$352,103
$0 from org$298,662 from related$53,441 other

Non-Employee Board Members

Brad Bennett
Board Member
Brian K Hutchinson
Board Member
Carolyn Roberts
Board Member

Mission Statement

TO ASSIST THE UNIVERSITY OF FLORIDA IN FUNDING OF RESEARCH & DEVELOPMENT THROUGH GRANTS & CONTRACTUAL ARRANGEMENTS & IN THE COMMERCIALIZATION OF INTELLECTUAL PROPERTIES, WHICH INCLUDE INVENTIONS, DISCOVERIES, PROCESSES, & WORK PRODUCTS.

Revisions to this organization profile

May 15, 2025:
2024 University of Florida Research Foundation Inc. 990 filed
May 13, 2024:
2023 University of Florida Research Foundation Inc. 990 filed
May 10, 2023:
2022 University of Florida Research Foundation Inc. 990 filed

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