Compensation 990

University of Florida Research Foundation Inc.

Fiscal year ending 2024. Filed on May 15, 2025.

720 SW 2nd Ave Ste 575
Gainesville, Florida 32601

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 2024 IRS Form 990 filing, University of Florida Research Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 23 out of 66 total employees. Among the employees shown here, the average compensation is $467,495. The highest compensated employee at University of Florida Research Foundation Inc. is Wesley Kent Fuchs with fiscal year 2024 compensation of $1,303,331.

Revenue, expenses, and employee compensation

Revenue

$45,326,504

Expenses

$47,445,635

Employee compensation

$4,779,518
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

New in 2024
Wesley Kent Fuchs
Board Member - Until 2/2023
$1,303,331
$0 from org$1,166,881 from related$136,450 other
－20.2%vs 2023
David Nelson
Board Member
$1,291,515
$0 from org$1,233,849 from related$57,666 other
New in 2024
Ben Sasse
Board Member - AS of 2/2023
$1,058,991
$0 from org$877,907 from related$181,084 other
＋3.2%vs 2023
Saby Mitra
Board Member
$604,373
$0 from org$551,328 from related$53,045 other
－12.6%vs 2023
Joseph Glover
Board Member - Until 12/2023
$592,039
$0 from org$535,241 from related$56,798 other
－33.3%vs 2023
Chris Cowen
Treasurer Until 7/29/2023
$568,338
$0 from org$446,316 from related$122,022 other
＋25.1%vs 2023
Scott Angle
Board Member
$546,921
$0 from org$487,218 from related$59,703 other
－2.0%vs 2023
David P Norton
Chair and President
$484,723
$108,167 from org$324,502 from related$52,054 other
－10.9%vs 2023
Curtis A Reynolds
Board Member - Until 4/2024
$480,781
$0 from org$365,655 from related$115,126 other
＋35.9%vs 2023
Forrest Masters
Board Member
$478,407
$0 from org$419,688 from related$58,719 other
＋2.9%vs 2023
David E Richardson
Board Member
$456,411
$0 from org$394,602 from related$61,809 other
＋19.9%vs 2023
James F O'Connell
Director of TECH Licensing
$427,070
$363,581 from orgNo related comp$63,489 other

Non-Employee Board Members

Brad Bennett
Audit Committee Chair
Carolyn K 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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