2024-11-07T16:15:42-06:00 2024-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2023-07-01 391992463 WISYS TECHNOLOGY FOUNDATION INC WISY 6083164037 614 WALNUT STREET 13TH FLOOR 101 MADISON WI 53726 ARJUN SANGA PRESIDENT 6083164037 2024-11-04 1 1 REBEKUH ELEY P01247672 3126343400 2024-11-04 2023 2024-10-15 13:58:12Z ARJUN SANGA 614 WALNUT STREET 13TH FLOOR 101 MADISON WI 53726 4706627 0 X WWW.WISYS.ORG X 2000 WI EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. 12 11 31 0 0 0 1645007 1947416 174256 157940 16294 -73597 1882 904 1837439 2032663 79442 124916 0 0 1474415 1783590 0 0 0 528366 673118 2082223 2581624 -244784 -548961 3843590 3805998 848939 1242017 2994651 2563981 X EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. 1 0 648116 4435 132445 INTELLECTUAL PROPERTY & LICENSING:THE WISYS TECHNOLOGY FOUNDATION WAS ESTABLISHED IN MARCH 2000 TO PROVIDE TECHNOLOGY TRANSFER SERVICES FOR THE UNIVERSITIES OF WISCONSIN (UW) CAMPUSES EXCLUDING THE UNIVERSITY OF WISCONSIN-MADISON AND UW-MILWAUKEE.DURING FISCAL 2023-24, WISYS REVIEWED 60 NEW INVENTION DISCLOSURES RECEIVED FROM UW-SYSTEM FACULTY AND STUDENTS AND ACCEPTED 14 OF THE DISCLOSURES FOR FURTHER STUDY AND PATENTING. DURING FISCAL 2023-24, WISYS APPLIED FOR 18 U.S. PATENTS AND DERIVATIVES. WISYS ALSO APPLIED FOR 5 NEW FOREIGN APPLICATIONS AND DERIVATIVES. IN ADDITION, WISYS RECEIVED 9 U.S. ISSUED PATENTS. WISYS COMPLETED 0 NEW LICENSE AND OPTIONS AGREEMENTS AND 0 NEW MATERIAL TRANSFER AGREEMENTS.WISYS OPERATES ITS OFFICES LOCATED AT 614 WALNUT STREET, 13TH FLOOR, MADISON, WISCONSIN WITH 14 PROFESSIONAL STAFF. IN ADDITION, AT JUNE 30, 2024, WISYS HAD 5 AMBASSADORS WORKING THROUGH THE VARIOUS UW CAMPUSES ALONG WITH 6 STUDENT INTERNS.WISYS ACTS AS A DESIGNATED TECHNOLOGY TRANSFER OFFICE PROVIDING SERVICES TO 11 REGIONAL UW INSTITUTIONS. 512904 0 25495 INNOVATION PROGRAMS:THE INNOVATION PROGRAMS ARE EVENTS AND COMPETITIONS GEARED TOWARDS HONING INNOVATION, ENTREPRENEURSHIP, AND RESEARCH SKILLS. THIS INCLUDES FOUR KEY PROGRAMS: 1)THE WISYS BIG IDEA TOURNAMENT HELPS EXTEND THE WISCONSIN ENTREPRENEURIAL ECOSYSTEM TO UW STUDENTS, WITH A GOAL TO IMPROVE THE OVERALL QUALITY OF BUSINESS STARTUP PERFORMANCE. 2) INNOVATION ON-RAMP, A 5-WEEK HYBRID COURSE, HELPS UW STUDENTS DEVELOP AN INNOVATIVE THINKING MINDSET AND LEARN HOW TO EVALUATE THE MARKET POTENTIAL OF AN IDEA. 3) WISYS QUICK PITCH IS A RESEARCH-FOCUSED STUDENT PITCH COMPETITION THAT INSPIRES UW STUDENTS TO CONSIDER THE IMPACT OF THEIR RESEARCH AND LEARN HOW TO EFFECTIVELY COMMUNICATE IT TO A GENERAL AUDIENCE IN THREE MINUTES. 4) THE ANNUAL WISYS SPARK SYMPOSIUM (SPARK) WAS JOINTLY HOSTED BY WISYS AND UW-OSHKOSH IN 2023 TO BRING TOGETHER INNOVATIVE RESEARCHERS AND STUDENTS FROM THE UNIVERSITIES OF WISCONSIN AND OTHER PUBLIC AND PRIVATE ORGANIZATIONS. SPARK ALLOWS UW INSTITUTIONS TO SHOWCASE THEIR RESEARCH AND TECHNOLOGY DEVELOPMENT AS WELL AS ENGAGE IN DISCUSSIONS FOR DEVELOPMENT OF COLLABORATIVE PARTNERSHIPS WITH OTHER UW CAMPUS RESEARCHERS, STUDENTS AND INDUSTRY PROFESSIONALS FROM AROUND THE STATE. THIS YEAR'S IN-PERSON ENGAGEMENT INCLUDED 213 REGISTRATIONS AND APPROXIMATELY 179 ATTENDEES. 292791 0 0 RESEARCH DEVELOPMENT:THE WISYS RESEARCH DEVELOPMENT PROGRAM AIMS TO PROVIDE GRANT PREPARATION AND WRITING SUPPORT TO UNIVERSITIES OF WISCONSIN REGIONAL CAMPUSES (UW REGIONAL CAMPUSES).THROUGH REGULAR VIRTUAL AND IN-PERSON VISITS, THE RESEARCH DEVELOPMENT MANAGER AND ASSOCIATES PROVIDE INFORMATION AND EXPERTISE ABOUT GRANT APPLICATION AND PROPOSAL PREPARATION FOR FACULTY TO ENRICH UW REGIONAL CAMPUSES RESEARCH AND SCHOLARSHIP AND, ULTIMATELY, THE UNDERGRADUATE STUDENT EXPERIENCE. WISYS RESEARCH DEVELOPMENT IS DESIGNED TO BE INCLUSIVE, ENGAGING FACULTY FROM ANY DISCIPLINE, HELPING TO BRIDGE GAPS IN KNOWLEDGE AND SKILLS IN ORDER TO SUPPORT UW REGIONAL CAMPUSES AS THEY SUSTAIN AND GROW THEIR RESEARCH ENTERPRISE. 125014 0 0 INNOVATIVE VENTURES:WISYS VENTUREHOME IS AN IMPORTANT COMPONENT OF THE INNOVATIVE VENTURE'S DIVISION THAT IS A NETWORK OF STARTUP HUBS ACROSS SIX CITIES IN THE STATE OF WISCONSIN THAT CONNECTS STATEWIDE RESOURCES WITH LOCAL INITIATIVES TO PROVIDE ENTREPRENEURS ACCESS TO A FULL MENU OF STARTUP RESOURCES IN THEIR LOCAL COMMUNITIES. SOME OF THE CENTRALIZED SERVICES THAT VENTUREHOME OFFERS ARE A CONCIERGE ACCESS TO THE LARGER STATE-WIDE ECOSYSTEM, ENTREPRENEUR TOOLKITS, ACCESS TO RESEARCH AND TECHNOLOGIES COMING OUT OF THE UNIVERSITIES OF WISCONSIN, INTELLECTUAL PROPERTY AND LEGAL STRATEGY ASSISTANCE, AND SEED FUNDING. IN ADDITION, VENTUREHOME CONNECT IS A DIGITAL COMMUNITY TO PROVIDE ONLINE SUPPORT FOR ENTREPRENEURS, INCLUDING CONNECTIONS TO MENTORS STATE-WIDE. 256994 120482 0 WISCONSIN FORWARD AGRICULTURE:THIS REGIONAL INNOVATION ENGINES DEVELOPMENT AWARD IS FOCUSED ON BUILDING A CONNECTED ECOSYSTEM TO SUPPORT SUSTAINABLE AND RESILIENT AGRICULTURE INNOVATION ACROSS WISCONSIN USING WISYS VENTUREHOME AS THE PLATFORM FOR REGIONAL, COLLABORATIVE, INNOVATIVE ACTIVITY. THE AGRICULTURAL SECTOR IN WISCONSIN IS A SOURCE OF STRENGTH, CONTRIBUTING $104.8 BILLION ANNUALLY TO WISCONSIN'S ECONOMY AND 11.8 PERCENT OF THE WORKFORCE. AN INNOVATION ENGINE DEDICATED TO SUSTAINABLE AGRICULTURE ACROSS WISCONSIN WILL ADDRESS GLOBAL AND REGIONAL CHALLENGES OF FEEDING 10 BILLION BY 2050 WHILE NURTURING HEALTHY ECOSYSTEMS AND SUPPORTING SUSTAINABLE LAND, WATER, AND ENERGY MANAGEMENT. THIS ENGINE DEVELOPMENT AWARD BUILDS ON A PARTNERSHIP BETWEEN THE INNOVATION AND TECHNOLOGY MANAGEMENT OFFICES OF THE UNIVERSITY OF WISCONSIN (UW) SYSTEM - WISYS, WISCONSIN ALUMNI RESEARCH FOUNDATION (WARF), AND UW-MILWAUKEE RESEARCH FOUNDATION (UWMRF). THE AWARD WILL LEVERAGE THE WISYS VENTUREHOME NETWORK TO PROVIDE WISCONSIN'S PHYSICAL AND DIGITAL INFRASTRUCTURE TO ACCOMPLISH THESE GOALS AND FACILITATE COLLABORATION AMONG NEW AND EXISTING COLLABORATORS ACROSS ACADEMIA, INDUSTRY, GOVERNMENT, NONPROFITS, INVESTORS, AND FARMERS. 382008 120482 0 1835819 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 26 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 WI X ARJUN SANGA 6083164037 614 WALNUT STREET 13TH FLOOR 101 MADISON WI 53726 ARJUN SANGA PRESIDENT 40.00 X X 247624 0 53003 MICHAEL ALEXANDER TRUSTEE 1.00 X 0 0 0 JEFF BUHRANDT TRUSTEE 1.00 X 0 0 0 CAROL DAHL TRUSTEE 1.00 X 0 0 0 TIM DONOHUE TRUSTEE 1.00 X 0 0 0 DEBORAH FORD TRUSTEE (UNTIL 7/1/23) 1.00 X 0 0 0 KATHERINE FRANK TRUSTEE 1.00 X 0 0 0 JENNIFER GOTTWALD TRUSTEE 1.00 X 0 0 0 MELISSA SHERMAN TRUSTEE 1.00 X 0 0 0 TOM STILL TRUSTEE (UNTIL 7/1/23) 1.00 X 0 0 0 DAVID WARD TRUSTEE/CHAIR 1.00 X X 0 0 0 TOMAS STAFFORD TRUSTEE/VICE CHAIR 1.00 X X 0 0 0 ERIK IVERSON TRUSTEE/TREASURER 1.00 X X 0 0 0 DAVID BRUKARDT TRUSTEE/SECRETARY 1.00 X X 0 0 0 ADHIRA SUNKARA DIR. OF STRATEGY/INNOVATIVE VENTURES 40.00 X 120612 0 39722 368236 0 92725 2 0 1 0 0 1947416 1947416 LICENSE & SUB REVENUE 900099 132445 132445 WISYS SPARK SYMPOSIUM 900099 25495 25495 157940 90244 90244 2510123 2673964 -163841 -163841 -163841 OTHER INCOME 900099 904 904 904 2032663 157940 0 -72693 124916 124916 304189 304189 1044415 937632 106783 434986 353092 81894 175029 174621 408 22810 22810 17726 17726 46952 16223 30729 24321 4943 19378 36984 605 36379 67031 35922 31109 64808 63320 1488 63505 63505 RESEARCH DEVELOPMENT PR 48859 48859 MISCELLANEOUS 37369 26584 10785 WEDC - OPERATING EXP 37000 37000 PROFESSIONAL DEVELOPMEN 16279 16279 14445 12102 2343 2581624 1835819 745805 0 727649 795492 449819 214149 200000 232693 79478 152363 24979 29249 2361665 2382052 3843590 3805998 617651 651850 16500 361935 214788 228232 848939 1242017 X 2825750 2563981 168901 0 2994651 2563981 3843590 3805998 -548961 118291 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF WISCONSIN SYSTEM 391805963 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, ITEM 3: UW SYSTEM IS GUARANTEED TO HAVE 3 TRUSTEES OF A MINIMUM OF 8 TOTAL BOARD OF TRUSTEES FOR WISYS. PART IV, SECTION E, ITEM 1C: THE ORGANIZATION SUPPORTS THE UNIVERSITY OF WISCONSIN SYSTEM CAMPUSES BY PROVIDING TECHNOLOGY TRANSFER SERVICES, PROTECTION OF TECHNOLOGY FOR UW SYSTEM'S FACULTY DISCOVERIES VIA PATENTS OR OTHER METHODS, AND NEGOTIATION OF LICENSING AGREEMENTS ON BEHALF OF THE UW SYSTEM. THE ORGANIZATION PROVIDES ITS SUPPORT VIA GRANTS AND SERVICES THAT SUPPORT THE UW SYSTEM PROGRAMS AS DESCRIBED IN FORM 990, PART III, ITEM 4. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 687512 33973 12785 734270 579836 63030 44646 687512 593092 77324 -90580 579836 305638 162304 125150 593092 1.00000 0.00000 0.00000 0 0 0 DEPOSITS FROM UW SYSTEM 228232 228232 X 2265209 118291 131981 250272 2014937 17726 17726 2032663 2695879 131981 131981 2563898 17726 17726 2581624 PART V, LINE 4: TO PRESERVE AND ENHANCE THE REAL PURCHASING POWER OF THE PORTFOLIO OVER A LONG-TERM HORIZON TO GENERATE SUFFICIENT ANNUAL INVESTMENT RETURNS TO FUND OPERATIONS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAX. THE FOUNDATION FOLLOWS GUIDANCE RELATIVE TO THE UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION, AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). ANY TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. 1 UW-MADISON 625 BABCOCK DR MADISON WI 53706 396006492 115 24416 0 NSF ENGINE SUBRECIPIENT UW-LA CROSSE 1725 STATE STREET LA CROSSE WI 54601 391805963 115 23761 0 NSF ENGINE SUBRECIPIENT WI TECHNOLOGY COUNCIL 455 SCIENCE DR STE 240 MADISON WI 53711 392014812 115 19750 0 NSF ENGINE SUBRECIPIENT UW-MILWAUKEE 1440 E NORTH AVE MILWAUKEE WI 53211 237337744 115 16683 0 NSF ENGINE SUBRECIPIENT UW-OSHKOSH 800 ALGOMA BLVD OSHKOSH WI 54901 391805963 115 15415 0 NSF ENGINE SUBRECIPIENT UW-GREEN BAY 2420 NICOLET DR GREEN BAY WI 54311 391805963 115 14905 0 NSF ENGINE SUBRECIPIENT 6 0 PART I, LINE 2: WISYS PERFORMS QUARTERLY CHECK-IN WITH SUBRECIPIENTS AND REQUIRE PERFORMANCE REPORTING FOR THE PERIOD COVERED. X X X X X 0 0 0 0 0 0 0 0 0 ARJUN SANGA PRESIDENT 246850 0 0 0 774 0 25600 0 27403 0 300627 0 0 0 ADHIRA SUNKARA DIR. OF STRATEGY/INNOVATIVE VENTURES 120458 0 0 0 154 0 12980 0 26742 0 160334 0 0 0 FORM 990, PART III, LINE 2 WISCONSIN FORWARD AGRICULTURE: THIS REGIONAL INNOVATION ENGINES DEVELOPMENT AWARD IS FOCUSED ON BUILDING A CONNECTED ECOSYSTEM TO SUPPORT SUSTAINABLE AND RESILIENT AGRICULTURE INNOVATION ACROSS WISCONSIN USING WISYS VENTUREHOME AS THE PLATFORM FOR REGIONAL, COLLABORATIVE, INNOVATIVE ACTIVITY. FORM 990, PART VI, SECTION A, LINE 7A TWO (2) MEMBERS OF THE BOARD SHALL BE APPOINTED BY THE WISCONSIN ALUMNI RESEARCH FOUNDATION; TWO (2) MEMBERS OF THE BOARD SHALL BE APPOINTED BY UW SYSTEM; ONE (1) SHALL BE A UNIVERSITY OF WISCONSIN SYSTEM CHANCELLOR NOMINATED BY THE UW SYSTEM PRESIDENT; TWO (2) UNIVERSITY OF WISCONSIN SYSTEM CAMPUS ALUMNI; ONE (1) PRESIDENT OF THE WISYS TECHNOLOGY FOUNDATION, INC.; AND UP TO TWO (2) ADDITIONAL MEMBERS AS ELECTED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY WISYS FINANCE AND THE WISYS PRESIDENT, AN ELECTRONIC COPY OF THE FINAL VERSION OF THE FORM 990 IS SUBSEQUENTLY PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WISYS PRESIDENT REQUIRES THAT THE TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY AND UPDATE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. WISYS REVIEWS CONFLICT MATTERS AS DISCLOSED THROUGH THE ANNUAL DISCLOSURE AND ON A ROLLING BASIS AND CONSIDERS THEM IN THE MATTER PRESCRIBED IN ITS CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST COMMITTEE ALSO MEETS AS APPROPRIATE TO CONSIDER CONFLICT SITUATIONS. ALL WISYS EMPLOYEES SIGN A CONFLICT OF INTEREST AGREEMENT. THE WISYS PRESIDENT, THE HR DEPARTMENT AND THE LEGAL COUNCIL REVIEW ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A A) THE ORGANIZATION RETAINS AN INDEPENDENT HUMAN RESOURCES CONSULTING FIRM SPECIALIZING IN COMPENSATION ACTIVITIES TO REVIEW COMPENSATION FOR THE PRESIDENT. THE CONSULTANT WORKS WITH HUMAN RESOURCES, BUT REPORTS TO THE BOARD CHAIR. B) EVERY THREE YEARS, MOST OFTEN IN APRIL, THE CONSULTANT PROVIDES COMPARATIVE COMPENSATION DATA TO THE BOARD CHAIR. C) THE BOARD CHAIR REVIEWS A WRITTEN SUMMARY OF EXECUTIVE ACCOMPLISHMENTS FOR THE FISCAL YEAR BY JULY 31. THIS INFORMATION MAY BE SHARED WITH THE BOARD. D) THE BOARD CHAIR REVIEWS THE EXECUTIVE EVALUATION, PRESIDENT'S PERFORMANCE AND DETERMINES THE COMPENSATION ADJUSTMENT. ANY INCREASE IS EFFECTIVE JULY 1. E) THE OUTSIDE CONSULTANT PROVIDES A LETTER TO THE BOARD CHAIR DESCRIBING THE CONSULTANT'S ROLE IN ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD UNDER THE INTERMEDIATE SANCTIONS REGULATIONS AND HOW THE CONSULTANT PROVIDED THE ANALYSIS TO DETERMINE THE REASONABLENESS OF THE EXECUTIVE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS. UNIVERSITY OF WISCONSIN SYSTEM 1860 VAN HISE HALL 1220 LINDEN DR MADISON WI 53706 391805963 EDUCATION WI 115 N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0