2025-11-14T10:46:38-06:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-07-01 391992463 WISYS TECHNOLOGY FOUNDATION INC WISY 6083164037 614 WALNUT STREET 13TH FLOOR 101 MADISON WI 53726 ARJUNA SANGA PRESIDENT 6083164037 2025-11-07 1 0 X MICHAEL J PETERSON CPA P01833529 2187224705 2025-11-07 2024 2025-03-06 01:10:19Z ARJUNA SANGA 614 WALNUT STREET 13TH FLOOR 101 MADISON WI 53726 3919702 0 X WWW.WISYS.ORG X 2000 WI SUPPORTING UNIVERSITIES OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. 13 12 30 11 0 0 1947416 2281048 157940 129612 -73597 164107 904 3841 2032663 2578608 124916 511350 0 0 1783590 1816117 0 0 0 673118 772542 2581624 3100009 -548961 -521401 3805998 3237212 1242017 887888 2563981 2349324 X SUPPORTING UNIVERSITIES OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT. 0 0 735694 479274 0 WISCONSIN FORWARD AGRICULTURE:AS A RECIPIENT OF THE NATIONAL SCIENCE FOUNDATION'S REGIONAL INNOVATION ENGINE DEVELOPMENT AWARD, WISYS LAUNCHED THE WISCONSIN FORWARD AGRICULTURE INITIATIVE. IT IS FOCUSED ON BUILDING A CONNECTED ECOSYSTEM TO MAKE AGRICULTURE AND FOOD SYSTEMS MORE RESILIENT BY FOCUSING ON INNOVATIONS THAT ADVANCE A CIRCULAR BIOECONOMY IN THE SECTOR. THE INITIATIVE ENGAGES CROSS-SECTOR STAKEHOLDERS FROM ACROSS WISCONSIN LEVERAGING THE UW SCHOOLS, INDUSTRY PARTNERSHIPS, AND THE WISYS VENTUREHOME NETWORK. IT IS AN INNOVATION ENGINE FOR FARMERS DEDICATED TO GENERATING NEW REVENUE STREAMS INCLUDING CONVERTING 'WASTE TO WORTH' IN AGRICULTURE. THROUGH THESE EFFORTS, WISCONSIN FORWARD AGRICULTURE HAS CREATED A COALITION OF 60+ PARTNERS FROM ACROSS ACADEMIA, INDUSTRY, GOVERNMENT, NONPROFITS, INVESTORS, AND FARMERS. IN ADDITION, AN INDUSTRY ADVISORY BOARD WAS ESTABLISHED TO IDENTIFY AND SUPPORT USE-INSPIRED R&D PROJECTS. THIS COALITION WAS A SEMI-FINALIST IN THE NSF ENGINES PROGRAM, REPRESENTING THE TOP 29 PROPOSALS FROM OVER 300 APPLICANTS FROM ACROSS THE COUNTRY. 700371 25920 129612 INTELLECTUAL PROPERTY & LICENSING:WISYS IS THE DESIGNATED TECHNOLOGY TRANSFER OFFICE PROVIDING SERVICES TO 10 REGIONAL AND ONE POLYTECHNIC UNIVERSITIES OF WISCONSIN (UW) CAMPUSES, EXCLUDING THE UNIVERSITY OF WISCONSIN-MADISON AND UW-MILWAUKEE. DURING FISCAL 2024-25, WISYS REVIEWED 53 NEW INVENTION DISCLOSURES RECEIVED FROM UW FACULTY AND STUDENTS AND ACCEPTED 9 OF THE DISCLOSURES FOR FURTHER STUDY AND INTELLECTUAL PROPERTY PROTECTION. DURING FISCAL 2024-25, WISYS APPLIED FOR 18 PATENTS, OF WHICH 3 WERE NEW FOREIGN APPLICATIONS. IN ADDITION, WISYS RECEIVED 6 U.S. ISSUED PATENTS. WISYS COMPLETED 1 NEW MATERIAL TRANSFER AGREEMENT. WISYS OPERATES ITS OFFICES LOCATED AT 614 WALNUT STREET, 13TH FLOOR, MADISON, WISCONSIN WITH 12 PROFESSIONAL STAFF. IN ADDITION, AT JUNE 30, 2025, WISYS HAD 2 AMBASSADORS WORKING THROUGH THE VARIOUS UW CAMPUSES ALONG WITH 4 STUDENT INTERNS. 443539 1203 0 INNOVATIVE VENTURES:THE INNOVATIVE VENTURES TEAM SUPPORTS THE DEVELOPMENT OF NEW VENTURES FROM UWS INTELLECTUAL PROPERTY. THEY ALSO RUN THE WISYS VENTUREHOME INITIATIVE A NETWORK OF STARTUP HUBS. IN FY25, 3 NEW COMMUNITIES WERE ADDED TO THIS NETWORK, GROWING TO INCLUDE NINE COMMUNITIES IN THE STATE OF WISCONSIN. THE PROGRAM CONNECTS STATEWIDE RESOURCES WITH LOCAL INITIATIVES TO PROVIDE ENTREPRENEURS WITH ACCESS TO A FULL MENU OF STARTUP RESOURCES IN THEIR LOCAL COMMUNITIES. SOME OF THE CENTRALIZED SERVICES THAT VENTUREHOME OFFERS ARE 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 PRE-SEED FUNDING. IN ADDITION, CONNECT WISCONSIN IS A DIGITAL COMMUNITY TO PROVIDE ONLINE SUPPORT FOR ENTREPRENEURS, INCLUDING CONNECTIONS TO MENTORS STATE-WIDE. LEVEL UP! LAUNCH PAD AND LEVEL UP! PRE-SEED ACCELERATOR WERE THE TWO MARQUEE PROGRAMS THAT WERE OFFERED, IN ADDITION TO OTHER ENTREPRENEURSHIP EVENTS AND WORKSHOPS. THESE PROGRAMS TOGETHER SERVED OVER 86 ENTREPRENEURS IN FY25. 274392 0 0 RESEARCH DEVELOPMENT:THE WISYS RESEARCH DEVELOPMENT PROGRAM PROVIDES GRANT PREPARATION AND WRITING SUPPORT TO THE UNIVERSITIES OF WISCONSIN AND OTHER PARTNERS. GRANT SEEKERS CAN ACCESS MULTIPLE SERVICES, INCLUDING EXPERT ONE-ON-ONE SUPPORT WITH DRAFTING PROPOSALS, PROPOSAL REVIEWS, AND FUNDING SEARCHES. REGULAR VIRTUAL AND IN PERSON GRANT WRITING WORKSHOPS INCLUDE GRANT WRITING ACADEMY, A VIRTUAL WORKSHOP AIMED AT NEWCOMERS TO GRANT WRITING THAT IS HELD ACROSS FOUR TWO-HOUR SESSIONS EACH FALL. WISYS ALSO ANNUALLY SPONSORS THE COUNCIL ON UNDERGRADUATE RESEARCH TO RUN AN INTENSIVE 6-DAY WORKSHOP IN WHICH FACULTY WORK WITH EXPERT MENTORS TO PREPARE A COMPETITIVE PROPOSAL. FINALLY, WISYS RESEARCH DEVELOPMENT PROVIDES LIVE AND ON-DEMAND WEBINARS ABOUT A WIDE RANGE OF TOPICS FOR GRANTSEEKERS AT ALL LEVELS. IN FY2025, WISYS RESEARCH DEVELOPMENT SERVED 169 PEOPLE ACROSS ALL THE UWS CAMPUSES, WITH MORE THAN A QUARTER OF THESE PEOPLE ACCESSING MULTIPLE RESEARCH DEVELOPMENT SERVICES THAT YEAR. 156173 4953 0 INNOVATION EVENTS:WISYS ORGANIZES SEVERAL EVENTS AND COMPETITIONS GEARED TOWARDS HONING INNOVATION, ENTREPRENEURSHIP, AND RESEARCH SKILLS AMONG UW STUDENTS, STAFF, FACULTY, AND ALUMNI. THIS INCLUDES FOUR KEY PROGRAMS THAT LEVERAGE EXPERTISE FROM ACROSS THE STATE: 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 AND OTHER PARTICIPANTS DEVELOP AN INNOVATIVE THINKING MINDSET AND LEARN HOW TO EVALUATE THE MARKET NEED AND 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-SUPERIOR IN 2024 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 160 ATTENDEES AND 56 PROJECTS PRESENTED DURING THE TWO-DAY SYMPOSIUM. ACROSS ALL THE INNOVATION PROGRAMS, WISYS ENGAGED 625 STUDENTS, FACULTY, AND COMMUNITY LEADERS IN FY25. 13943 0 0 MARKETING AND COMMUNICATIONS 7616 0 0 GRANTS ADMINISTRATION 452124 4953 0 2331728 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 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 27 0 30 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 WI X WEGNER CPAS 6082744020 2921 LANDMARK PLACE SUITE 300 MADISON WI 53713 ARJUNA SANGA PRESIDENT 40.00 X X 313879 0 28223 DAVID BRUKARDT TRUSTEE/CHAIR 1.00 X X 0 0 0 CAROL DAHL TRUSTEE/VICE CHAIR 1.00 X X 0 0 0 DAVID WARD TRUSTEE/SECRETARY 1.00 X X 0 0 0 ERIK IVERSON TRUSTEE/TREASURER 1.00 X X 0 0 0 MICHAEL ALEXANDER TRUSTEE 1.00 X 0 0 0 JEFF BUHRANDT TRUSTEE 1.00 X 0 0 0 TIM DONOHUE TRUSTEE 1.00 X 0 0 0 KATHERINE FRANK TRUSTEE 1.00 X 0 0 0 JENNIFER GOTTWALD TRUSTEE 1.00 X 0 0 0 CHRIS PATTON TRUSTEE 1.00 X 0 0 0 MELISSA SHERMAN TRUSTEE 1.00 X 0 0 0 TOMAS STAFFORD TRUSTEE 1.00 X 0 0 0 ADHIRA SUNKARA DIRECTOR OF STRATEGY/INNOVATIVE VENTURES 40.00 X 135236 0 39440 449115 0 67663 2 0 1 0 0 2260363 20685 2281048 LICENSE AND SUB REVENUE 900099 129612 129612 129612 120741 120741 1384460 1341094 43366 43366 43366 3841 3841 3841 2578608 129612 0 167948 511350 511350 353227 353227 1018417 981445 36972 97928 88665 9263 247255 247255 99290 74748 24542 139383 139032 351 98307 98307 8340 8340 18924 18924 138284 81629 56655 18514 14700 3814 22242 1308 20934 74553 52850 21703 38284 34572 3712 6250 6250 63800 63800 PROGRAM EXPENSES 72289 71270 1019 DUES AND SUBCRIPTIONS 41175 21904 19271 STAFF RETENTION 10587 1124 9463 PROFESSIONAL DEVELOPMEN 8728 7014 1714 12882 2862 10020 3100009 2331728 768281 0 795492 1028594 219696 81417 232693 267518 152363 51345 29249 27483 25000 6250 0 18750 2340799 1713460 35706 48645 3805998 3237212 651850 306581 11935 3075 578232 578232 1242017 887888 X 2563981 2342324 7000 2563981 2349324 3805998 3237212 -521401 14752 291992 0 X 0 1 X 1 0 X X 1 UNIVERSITY OF WISCONSIN SYSTEM 391805963 2 1 386053 0 1 386053 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 TRUSTEES FOR WISYS. PART IV, SECTION E, ITEM 1C THE ORGANIZATION SUPPORTS THE UNIVERSITIES OF WISCONSIN 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 0 0 0 0 0 0 0 0 1 8340 8340 0 PART II-B, LINE 1: STATE LEGISLATIVE LOBBYING ACTIVITY IN SUPPORT OF THE ORGANIZATION'S PRIMARY PURPOSE. 0 1 X 734270 51452 64469 850191 687512 33973 12785 734270 579836 63030 44646 687512 593092 77324 -90580 579836 305638 162304 125150 593092 1.00000 0.00000 0.00000 0 0 25000 6250 18750 18750 2669486 14752 95050 109802 2559684 18924 18924 2578608 3176135 95050 95050 3081085 18924 18924 3100009 PART IV, LINE 2B: THE FOUNDATION RECEIVED DEPOSITS IN EXCESS OF GRANTS PAID DURING THE FISCAL YEAR ON BEHALF OF WISCONSIN ECONOMIC DEVELOPMENT CORPORATION (WEDC). THIS IS PRESENTED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION AS CASH HELD FOR OTHERS, WHICH IS CONSIDERED RESTRICTED CASH. 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. 1 UNIVERSITY OF WISCONSIN-MADISON 625 BABCOCK DRIVE MADISON WI 53706 396006492 115 134728 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION 127 ROOSEVELT AVE EAU CLAIRE WI 54701 390972350 501C3 76540 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-PLATTEVILLE 1 UNIVERSITY PLAZA PLATTEVILLE WI 53818 391805963 115 51818 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-LA CROSSE 1725 STATE ST LA CROSSE WI 54601 391805963 115 44401 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-OSHKOSH 800 ALGOMA BLVD OSHKOSH WI 54901 391805963 115 37677 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-RIVER FALLS 410 S 3RD ST RIVER FALLS WI 54022 391805963 115 27079 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-PARKSIDE 900 WOOD RD KENOSHA WI 53144 391805963 115 24308 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-WHITEWATER 800 W MAIN ST WHITEWATER WI 53190 391805963 115 23687 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-STOUT 712 BROADWAY ST S MENOMONIE WI 54751 391805963 115 21920 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-MILWAUKEE RESEARCH FOUNDATION 1440 E NORTH AVE MILWAUKEE WI 53202 208297675 501C3 16683 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-STEVENS POINT 2100 MAIN ST STEVENS POINT WI 54481 391805963 115 10340 0 NSF ENGINES SUBAWARD UNIVERSITY OF WISCONSIN-GREEN BAY 2420 NICOLET DR GREEN BAY WI 54311 391805963 115 10095 0 NSF ENGINES SUBAWARD 12 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 ARJUNA SANGA PRESIDENT 258367 0 0 0 55512 0 26131 0 2092 0 342102 0 0 0 ADHIRA SUNKARA DIRECTOR OF STRATEGY/INNOVATIVE VENT 130236 0 5000 0 0 0 13250 0 26190 0 174676 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ADOPTED UPDATED VERSIONS OF THE FOLLOWING POLICIES AND PROCEDURES DURING FY25: ALLOWABLE COSTS, BUDGETING, CASH MANAGEMENT, COMPENSATION, PERIOD OF PERFORMANCE, PROCUREMENT, AND DOCUMENT RETENTION FORM 990, PART VI, SECTION A, LINE 7A TWO (2) MEMBERS OF THE BOARD SHALL BE NOMINATED BY THE WISCONSIN ALUMNI RESEARCH FOUNDATION; THREE (3) MEMBERS OF THE BOARD SHALL BE 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' OUTSOURCED CONTROLLER AND CFO 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 COUNSEL 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. B) THE CONSULTANT WORKS WITH HUMAN RESOURCES, BUT REPORTS TO THE BOARD CHAIR. 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'S FINANCE ADMINISTRATION AND AUDIT COMMITTEE. 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. UNIVERSITY OF WISCONSIN SYSTEM 1860 VAN HISE HALL 1220 LINDEN DR MADISON WI 53706 391805963 EDUCATION WI 115 N/A N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNIVERSITY OF WISCONSIN SYSTEM C 1243698 CASH UNIVERSITY OF WISCONSIN SYSTEM B 386053 CASH