2024-11-13T08:38:34-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2023-01-01 522250648 INTELLECTUAL PROPERTY OWNERS EDUCATION FOUNDATION INTE 2025074500 1501 M STREET NW 1150 WASHINGTON DC 200051700 JESSICA K LANDACRE EXECUTIVE DIRECTOR 2025074500 2024-11-12 1 0 ROBERT WILLIAMS P01345960 6177170831 2023 2024-10-15 13:58:12Z IPO EDUCATION FOUNDATION IPOEF JESSICA K LANDACRE 1501 M STREET NW 1150 WASHINGTON DC 200051700 539739 0 X WWW.IPOEF.ORG X 1989 DC IPO EDUCATION FOUNDATION IS DEVOTED TO EDUCATIONAL AND CHARITABLE ACTIVITIES DESIGNED TO PROMOTE AN UNDERSTANDING AND RESPECT OF INTELLECTUAL PROPERTY AND ITS VALUE TO SOCIETY. 20 20 0 23 0 0 250858 170931 261500 275482 10543 8961 0 0 522901 455374 15000 0 0 0 200000 200000 0 0 29051 402685 393776 617685 593776 -94784 -138402 1199398 990328 233137 138556 966261 851772 X IPO EDUCATION FOUNDATION IS DEVOTED TO EDUCATIONAL AND CHARITABLE ACTIVITIES DESIGNED TO PROMOTE AN UNDERSTANDING AND RESPECT OF INTELLECTUAL PROPERTY AND ITS VALUE TO SOCIETY. 1 1 299221 0 265482 AWARDS DINNER: THE FOUNDATION AWARDS DINNER AWARDS DISTINGUISHED INVENTORS AS WELL AS DISTINGUISHED IP PROFESSIONALS. IN 2023, THE IPO EDUCATION FOUNDATION AWARDS DINNER EVENT RECOGNIZED HONOREES FOR THE FOLLOWING AWARDS: INVENTOR OF THE YEAR, IP CHAMPION, EXECUTIVE OF THE YEAR, AND THE INSPIRATION AWARD. 34366 0 0 INVENTOR OF THE YEAR AWARD (DECEMBER 6, 2023) THE FOUNDATION GIVES AN ANNUAL AWARD TO THE MOST OUTSTANDING INVENTOR OF A RECENT, PATENTED INVENTION THAT EXEMPLIFIES MODERN INGENUITY. THE PURPOSE OF THE AWARD IS TO EDUCATE THE PUBLIC ABOUT INVENTORS AND PATENTS, AND HOW INVENTIONS BENEFIT THE ECONOMY AND QUALITY OF LIFE. NOMINEES ARE SOLICITED FROM INDUSTRY, GOVERNMENT, INDEPENDENT INVENTORS, ACADEMIA, AND OTHER SOURCES IN ALL FIELDS OF TECHNOLOGY. THE WINNER IS SELECTED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THE 2023 AWARD WAS GIVEN AT AN AWARDS CEREMONY ON DECEMBER 6 AND INCLUDES A PLAQUE AND TRIBUTE VIDEO. THE FOUNDATION ANNOUNCES WINNERS IN ADVANCE OF THE AWARDS CEREMONY AND DURING THE REMAINDER OF THE YEAR TO INCREASE PUBLIC AWARENESS OF RECENT INVENTORS. IP CHAMPION AWARD (DECEMBER 6, 2023) THE FOUNDATION PRESENTS THE IP CHAMPION AWARD TO AN INDIVIDUAL WHO HAS SHOWN EXTRAORDINARY LEADERSHIP IN ADVOCATING FOR THE VALUE OF INTELLECTUAL PROPERTY TO STIMULATE THE PROGRESS OF INNOVATION. THE WINNER IS SELECTED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THE 2023 AWARD WAS GIVEN AT AN AWARDS CEREMONY DECEMBER 6 AND INCLUDES A PLAQUE AND TRIBUTE VIDEO.EXECUTIVE OF THE YEAR AWARD (DECEMBER 6, 2023) THE FOUNDATION PRESENTS THE EXECUTIVE OF THE YEAR AWARD TO AN EXECUTIVE WITHIN A COMPANY WHO IS COMMITTED TO THE CREATION, PROMOTION AND PROTECTION OF INTELLECTUAL PROPERTY. THE WINNER IS SELECTED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THE 2023 AWARD WAS GIVEN AT AN AWARDS CEREMONY DECEMBER 6 AND INCLUDES A PLAQUE AND TRIBUTE VIDEO. INSPIRATION AWARD (DECEMBER 6, 2023) THE FOUNDATION BOARD HONORS AN INSPIRATION AWARD WHICH RECOGNIZES INDIVIDUALS WHO HAVE MADE A SIGNIFICANT CONTRIBUTION BY PROMOTING OR CHAMPIONING IP RIGHTS FOR, OR ON BEHALF OF, MEMBERS OF UNDERREPRESENTED COMMUNITIES. THE WINNER IS SELECTED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. THE 2023 AWARD WAS GIVEN AT AN AWARDS CEREMONY DECEMBER 6 AND INCLUDES A PLAQUE AND TRIBUTE VIDEO. 13830 0 0 PUBLIC RELATIONS AND DIGITAL MEDIA CAMPAIGN (ONGOING)IN 2017 THE FOUNDATION RETAINED THE PUBLIC RELATIONS FIRM WEBER SHANDWICK TO HELP DEVELOP KEY MESSAGES AND FACILITATE A PROGRAM TO EDUCATE MEMBERS OF THE MEDIA ON THE VALUE OF INTELLECTUAL PROPERTY. THE PARTNERSHIP WITH WEBER SHANDWICK EXPIRED IN 2018 HOWEVER IPO STAFF CONTINUES TO PROMOTE THE VALUE OF INTELLECTUAL PROPERTY TO THE MEDIA THROUGH PRINT (I.E. INVENTORS DIGEST IN 2021 & 2022) AND DIGITAL MEDIA (I.E. SOCIAL MEDIA PLATFORMS AND IPOEF WEBPAGE). 1398 0 0 IP PATCH PROGRAM (ONGOING; CREATED 2012)THE FOUNDATION PARTNERED WITH THE UNITED STATES PATENT AND TRADEMARK OFFICE (USPTO) AND GIRL SCOUT COUNCIL OF THE NATION'S CAPITAL (GSCNC) ON THE GIRL SCOUT INTELLECTUAL PROPERTY PATCH PROGRAM, WHICH ENCOURAGES GIRLS TO ENTER STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) CAREERS FAMILIARIZING THEM WITH THE PATENT PROCESS AND INVENTION. THE PARTNERSHIP AGREEMENT UNDER WHICH THE IP PATCH WAS CREATED EXPIRED IN 2016. THE FOUNDATION CONTINUES TO PROMOTE THE PATCH CURRICULUM AS ONE WHICH CAN BE STUDIED BY ANY STUDENT. THE FOUNDATION PROVIDES PATCHES TO STUDENTS AND GROUPS THAT COMPLETE THE PATCH. IN ADDITION, THE FOUNDATION OFFERS FREE CURRICULUM ONLINE FOR EDUCATORS, ORGANIZATIONS, AND GIRL SCOUT TROOP LEADERS TO LEARN ABOUT INTELLECTUAL PROPERTY. THE TOOLKIT, CREATED IN PARTNERSHIP WITH THE GIRL SCOUTS OF NATION'S CAPITAL AND THE USPTO, IS A STEP BY STEP GUIDE FOR GROUPS TO HOST AND CUSTOMIZE THEIR OWN IP PATCH EVENT OR LESSON. GROUPS AROUND THE COUNTRY PUT ON THEIR OWN EVENTS TO ENCOURAGE STUDENTS TO LEARN ABOUT INNOVATION AND THE IMPORTANCE OF PROTECTING YOUR IDEAS IN THE PROCESS. 13495 0 0 IP ON MY MINDA COMMUNICATIONS CAMPAIGN INTENDED TO ILLUSTRATE THE IMPACT OF INTELLECTUAL PROPERTY RIGHTS ON STUDENTS. THE CAMPAIGN FEATURED VIDEOS AND BLOG POSTS ABOUT STUDENTS, EDUCATORS, AND OTHER IP PROFESSIONALS AND WHY INTELLECTUAL PROPERTY WAS IMPORTANT TO THEM. THE FOUNDATION HIRED A MARKETING COMPANY TO EXECUTE THE CAMPAIGN. 3495 0 0 PILOT MENTOR PROGRAM THE FOUNDATION PARTNERED WITH A UNIVERSITY LAW SCHOOL TO PAIR FIVE, DIVERSE STUDENTS WITH AN IP PROFESSIONAL AS A MENTOR. AS PART OF THE PROGRAM, THE STUDENTS WERE INVITED TO THE IPO ANNUAL MEETING TO ATTEND EDUCATIONAL SESSIONS, NETWORKING EVENTS, AND MEET WITH THEIR MENTOR IN PERSON. 5097 0 0 WORLD IP DAY IN HONOR OF WORLD IP DAY, IPO EDUCATION FOUNDATION SPONSORED AN EVENT WITH WE WILL, AN ORGANIZATION DEDICATED TO EMPOWERING WOMEN IN LIFE AND LAW. ON MAY 19, IPO MEMBERS VOLUNTEERED TO MEET WITH HIGH SCHOOL STUDENTS IN HOUSTON, TEXAS TO TALK ABOUT CAREERS IN IP AND INNOVATION. STUDENTS RECEIVED ONE-ON-ONE MENTORSHIP AS WELL AS INFORMATION AND RESOURCES TO INSPIRE THEM TO PURSUE A CAREER IN IP. IN ALIGNMENT WITH IPOEF'S STRATEGIC PRIORITY, THIS OPPORTUNITY IS PARTICULARLY UNIQUE AS WE WILL SERVES A COMMUNITY OF COLOR THAT LACKS RESOURCES AND EXPOSURE. 9132 0 10000 WHY DIDN'T I THINK OF THAT? 2023-2024 WHY DIDN'T I THINK OF THAT? IS A VIRTUAL INVENTION COMPETITION FOR STUDENTS. STUDENTS QUALIFY IF THEY HAVE AN ORIGINAL INVENTION THAT THEY CREATED AT AGE 18 OR YOUNGER AND THE INVENTION HAS RECEIVED INTELLECTUAL PROPERTY PROTECTION. THREE WINNING INVENTIONS WERE SELECTED BY THE BOARD AND PUBLIC VOTE. WINNERS WILL WORK ONE-ON-ONE WITH AN INDUSTRY PROFESSIONAL TO LEARN HOW TO ADVANCE THEIR INVENTION, THEY WILL ALSO RECEIVE RECOGNITION IN A PUBLIC COMMUNICATIONS CAMPAIGN, AND ARE INVITED TO ATTEND THE AWARDS CELEBRATION. THE FOUNDATION HIRED A MARKETING COMPANY TO EXECUTE THE COMMUNICATIONS PORTION OF THE PROGRAM. 643 IPEOF PODCASTTHE STROKE OF GENIUS PODCAST LAUNCHED IN 2018 TO EDUCATE ENTREPRENEURS, BUSINESSPEOPLE, ASPIRING INVENTORS, AND THE GENERAL PUBLIC ABOUT THE IMPORTANCE OF INTELLECTUAL PROPERTY TO THE INNOVATION PROCESS. THE FOUNDATION WORKED WITH A PODCAST PRODUCTION COMPANY TO PRODUCE EPISODES EACH SEASON. SEASON FIVE, INCLUDES EIGHT, 30-MINUTE EPISODES ADDRESSING MISCONCEPTIONS AND TOPICAL IP SUBJECTS AS WELL AS PROVIDE LISTENERS WITH A GREATER UNDERSTANDING OF THE IMPACT OF IP TO UNDER-SERVED COMMUNITIES. SPONSORSHIPS HELP TO OFFSET THE COST OF PROMOTION FOR THE PROGRAM. 33260 0 10000 380677 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MA MD MN MS NH NC NJ NM NY OH OK OR PA RI SC TN UT VA WA WV WI X SUSAN MCLOUGHLIN 2025074500 1501 M STREET NW STE 1150 WASHINGTON DC 20005 ROBERT DEBERARDINE PRESIDENT (UNTIL 6/23) 1.00 1.00 X X 0 0 0 PHYLLIS TURNER-BRIM VICE PRESIDENT 1.00 1.00 X X 0 0 0 BUCKMASTER DE WOLF TREASURER (UNTIL 12/23) 1.00 1.00 X X 0 0 0 ERIKA ARNER DIRECTOR 1.00 0.00 X 0 0 0 SCOTT BARKER DIRECTOR 1.00 1.00 X 0 0 0 JOHN J CHEEK DIRECTOR 1.00 1.00 X 0 0 0 DENA EHRICH DIRECTOR 1.00 0.00 X 0 0 0 BART EPPENAUER DIRECTOR 1.00 0.00 X 0 0 0 LOUIS FOREMAN DIRECTOR 1.00 1.00 X 0 0 0 DARRYL P FRICKEY DIRECTOR 1.00 1.00 X 0 0 0 HENRY HADAD DIRECTOR 1.00 1.00 X 0 0 0 JAMES D HALLENBECK DIRECTOR 1.00 0.00 X 0 0 0 DAVID J KAPPOS DIRECTOR 1.00 0.00 X 0 0 0 ANJANETTE LECHER DIRECTOR 1.00 0.00 X 0 0 0 MERCEDES K MEYER DIRECTOR 1.00 0.00 X 0 0 0 PAUL R MICHEL DIRECTOR 1.00 0.00 X 0 0 0 RUBEN H MUNOZ DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN MCDONALD O'MALLEY DIRECTOR 1.00 0.00 X 0 0 0 MANNY SCHECTER DIRECTOR 1.00 1.00 X 0 0 0 RAJ SHAH DIRECTOR 1.00 0.00 X 0 0 0 RICHARD WATKINS DIRECTOR 1.00 0.00 X 0 0 0 ARIANA WOODS DIRECTOR 1.00 0.00 X 0 0 0 BRYAN ZIELINSKI DIRECTOR 1.00 1.00 X 0 0 0 JESSICA K LANDACRE EXECUTIVE DIRECTOR 18.75 18.75 X 0 440322 60243 SAMANTHA AGUAYO DEPUTY EXECUTIVE DIR. & CHIEF POLICY COUNSEL 3.75 33.75 X 0 308759 43069 THOMAS VALENTE SR DIRECTOR FOR GLOBAL AFFAIRS 1.90 35.60 X 0 285396 59009 MEGAN GRIGGS DIRECTOR OF MEETINGS AND EVENTS 11.25 26.25 X 0 188114 54652 SUSAN MCLOUGHLIN DIRECTOR OF OPERATIONS AND FINANCE 9.37 28.13 X 0 147769 47174 0 1370360 264147 0 0 1 0 0 170931 170931 CONFERENCES & MEETINGS 541900 275482 275482 275482 7869 7869 85457 84365 1092 1092 1092 455374 275482 0 8961 152000 53123 84681 14196 41000 14329 22842 3829 7000 2446 3900 654 18003 18003 1994 1994 12340 12340 7186 7186 314855 269413 45442 VIDEO PRODUCTION 23881 23881 CHARITABLE REGISTRATION 10372 10372 OTHER EXPENSES 5145 5145 593776 380677 184048 29051 540706 307555 249639 249662 22500 57982 62500 12955 596 7859 7806 7806 0 0 323457 354315 1199398 990328 216903 70380 16234 68176 233137 138556 X 966261 851772 966261 851772 1199398 990328 -138402 23913 0 X 0 1 X 1 0 X 218163 212792 166250 250858 170931 1018994 218163 212792 166250 250858 170931 1018994 331281 687713 10716 7951 6659 7352 7869 40547 1059541 1272696 0.64910 0.67710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7806 7806 0 0 DUE TO RELATED PARTY 68176 68176 0 0 0 0 0 0 0 0 0 JESSICA K LANDACRE EXECUTIVE DIRECTOR 0 350322 0 90000 0 0 0 33000 0 27243 0 500565 0 0 SAMANTHA AGUAYO DEPUTY EXECUTIVE DIR. & CHIEF POLICY 0 253759 0 55000 0 0 0 30431 0 12638 0 351828 0 0 THOMAS VALENTE SR DIRECTOR FOR GLOBAL AFFAIRS 0 235396 0 50000 0 0 0 28174 0 30835 0 344405 0 0 MEGAN GRIGGS DIRECTOR OF MEETINGS AND EVENTS 0 154514 0 33600 0 0 0 18659 0 35993 0 242766 0 0 SUSAN MCLOUGHLIN DIRECTOR OF OPERATIONS AND FINANCE 0 123619 0 24150 0 0 0 15142 0 32032 0 194943 0 0 PART I, LINE 3 THE INTELLECTUAL PROPERTY OWNERS ASSOCIATION ESTABLISHES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR/SECRETARY AND UTILIZES THE FOLLOWING FOR ESTABLISHING COMPENSATION: COMPENSATION COMMITTEE FORM 990 OF OTHER ORGANIZATIONS APPROVAL BY BOARD OR COMPENSATION COMMITTEE FORM 990, PART III, LINE 2 IP ON MY MIND A COMMUNICATIONS CAMPAIGN INTENDED TO ILLUSTRATE THE IMPACT OF INTELLECTUAL PROPERTY RIGHTS ON STUDENTS. THE CAMPAIGN FEATURED VIDEOS AND BLOG POSTS ABOUT STUDENTS, EDUCATORS, AND OTHER IP PROFESSIONALS AND WHY INTELLECTUAL PROPERTY WAS IMPORTANT TO THEM. THE FOUNDATION HIRED A MARKETING COMPANY TO EXECUTE THE CAMPAIGN. WHY DIDN'T I THINK OF THAT? 2023-2024 WHY DIDN'T I THINK OF THAT? IS A VIRTUAL INVENTION COMPETITION FOR STUDENTS. 8.PILOT MENTOR PROGRAM THE FOUNDATION PARTNERED WITH A UNIVERSITY LAW SCHOOL TO PAIR FIVE, DIVERSE STUDENTS WITH AN IP PROFESSIONAL AS A MENTOR. AS PART OF THE PROGRAM, THE STUDENTS WERE INVITED TO THE IPO ANNUAL MEETING TO ATTEND EDUCATIONAL SESSIONS, NETWORKING EVENTS, AND MEET WITH THEIR MENTOR IN PERSON. FORM 990, PART III, LINE 3 IPOEF PODCAST WAS DISCONTINUED AND NOT PRODUCED IN 2023. FORM 990, PART V, LINE 2A ALTHOUGH THE ORGANIZATION REPORTS SALARIES IN PART IX OF THE FORM 990, INTELLECTUAL PROPERTY OWNERS EDUCATION FOUNDATION DOES NOT ISSUE W-2 FORMS SINCE THE FORMS ARE ISSUED BY ITS RELATED ORGANIZATION, INTELLECTUAL PROPERTY OWNERS ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A WHENEVER A VACANCY SHALL OCCUR IN THE BOARD OF DIRECTORS, THE BOARD OF DIRECTORS OF INTELLECTUAL PROPERTY OWNERS ASSOCIATION MAY, BY MAJORITY VOTE OF THOSE PRESENT AND VOTING, ELECT A PERSON TO FILL THE UNEXPIRED PORTION OF THE TERM. THE BOARD OF DIRECTORS OF INTELLECTUAL PROPERTY OWNERS ASSOCIATION MAY ALSO, BY MAJORITY VOTE OF THOSE PRESENT AND VOTING, ELECT ADDITIONAL PERSONS TO THE BOARD UP TO THE LIMIT ON NUMBER OF BOARD MEMBERS ESTABLISHED. A DIRECTOR MAY ALSO BE REMOVED BY THE BOARD OF DIRECTORS OF INTELLECTUAL PROPERTY OWNERS ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 8B IPO EDUCATION FOUNDATION'S PRACTICE IS TO DOCUMENT ALL BOARD MEETINGS; THERE IS NO OTHER BODY OF AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B INTELLECTUAL PROPERTY OWNERS ASSOCIATION'S DIRECTOR OF OPERATIONS AND FINANCE REVIEWS THE FORM 990 WITH IPO'S CONTRACT ACCOUNTANT AND THE FOUNDATION SECRETARY PRIOR TO SIGNING THE DOCUMENT IN FULL DETAIL. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON SHALL BE OBLIGATED TO DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POSSIBLE FINANCIAL INTEREST INVOLVING A TRANSACTION (AND ALL MATERIAL FACTS RELATING THERETO) TO A MEMBER OF THE BOARD OF DIRECTORS IN THE EVENT THAT (I) SUCH INTERESTED PERSON IS AWARE OF ANY ACTUAL OR POSSIBLE FINANCIAL INTEREST INVOLVING A TRANSACTION, AND (II) SUCH INTERESTED PERSON CAUSES OR INFLUENCES (OR INTENDS TO CAUSE OR INFLUENCE) THE EXPENDITURE OR UTILIZATION OF IPO EDUCATION FOUNDATION RESOURCES WITH RESPECT TO SUCH TRANSACTION. AFTER DISCLOSURE OF THE EXISTENCE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATED THERETO, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE BOARD OF DIRECTORS SHALL DISCUSS SUCH TRANSACTION OR ARRANGEMENT AND SUCH FINANCIAL INTEREST OUTSIDE THE PRESENCE OF THE INTERESTED PERSON. THE INTERESTED PERSON SHALL BE REQUIRED TO ABSTAIN FROM ANY REQUIRED VOTE TAKEN WITH RESPECT TO SUCH PROPOSED TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT ANY MEETING OF THE BOARD OF DIRECTORS BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION INVOLVING THE POSSIBLE FINANCIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. INTELLECTUAL PROPERTY OWNERS ASSOCIATION 1501 M STREET NW SUITE 1150 WASHINGTON DC 20005 520948513 ADVOCATES IP OWNERSHIP RIGHTS & PROVIDES A WIDE ARRAY OF SVCS TO MEMBERS DC 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 INTELLECTUAL PROPERTY OWNERS ASSOCIATION M 331115 FUNCTIONAL ALLOCATION INTELLECTUAL PROPERTY OWNERS ASSOCIATION P 200000 FUNCTIONAL ALLOCATION