Wisys Technology Foundation Inc

Madison, WI   |  WWW.WISYS.ORG

Mission

THE MISSION OF WISYS IS SUPPORTING THE CREATION AND TRANSFER OF INNOVATIONS FROM THE UNIVERSITY OF WISCONSIN SYSTEM TO THE MARKETPLACE.

Ruling year info

2001

Principal Officer

ARJUN SANGA

Main address

401 Charmany Dr Ste 205

Madison, WI 53719 United States

EIN

39-1992463

NTEE code info

Educational Services and Schools - Other (B90)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

PATENTING & LICENSING AND FACULTY & STUDENT OUTREACH: THE WISYS TECHNOLOGY FOUNDATION WAS ESTABLISHED IN MARCH 2000 TO PROVIDE TECHNOLOGY TRANSFER SERVICES FOR THE UNIVERSITY OF WISCONSIN CAMPUSES EXCLUDING THE UNIVERSITY OF WISCONSIN-MADISON AND UW-MILWAUKEE.DURING FISCAL 2020-21, WISYS REVIEWED 65 NEW INVENTION DISCLOSURES RECEIVED FROM UW-SYSTEM FACULTY AND STUDENTS AND ACCEPTED 32 OF THE DISCLOSURES FOR FURTHER STUDY AND PATENTING. DURING FISCAL 2020-21, WISYS APPLIED FOR 23 U.S. PATENTS AND DERIVATIVES. WISYS ALSO APPLIED FOR 4 NEW FOREIGN APPLICATIONS AND DERIVATIVES. IN ADDITION WISYS RECEIVED 10 U.S. ISSUED PATENTS. WISYS COMPLETED 3 NEW LICENSE AND OPTIONS AGREEMENTS AND 16 NEW MATERIAL TRANSFER AGREEMENTS. WISYS OPERATES ITS OFFICES LOCATED AT 614 WALNUT STREET, 13TH FLOOR, MADISON, WISCONSIN WITH 10 PROFESSIONAL STAFF. IN ADDITION, AT JUNE 30, 2021, WISYS HAD 4 AMBASSADORS WORKING THROUGH THE VARIOUS UW CAMPUSES ALONG WITH 2 STUDENT INTERNS.WISYS ACTS AS A TECHNOLOGY TRANSFER OFFICE PROVIDING SERVICES FOR UW SYSTEM INSTITUTIONS.

Expenses
$1,012,339
Revenue
$131,873

RESEARCH DEVELOPMENT PROGRAM: THE WISYS RESEARCH DEVELOPMENT PROGRAM (FORMERLY KNOWN AS PRE-AWARD PROGRAM, OR PREP) IS A PROGRAM LAUNCHED IN JULY 2017 THAT AIMS TO PROVIDE GRANT SUBMISSION SUPPORT TO UW COMPREHENSIVE CAMPUSES ON A REGIONAL BASIS. THROUGH REGULAR VIRTUAL AND IN-PERSON VISITS, THE REGIONAL RESEARCH ADMINISTRATOR WILL BE AVAILABLE TO HELP TEACH FACULTY AND STAFF TO FIND GRANT OPPORUNTITIES AND WRITE EFFECTIVE GRANT PROPOSALS TO COMPETE FOR GRANT FUNDS TO SUPPORT RESEARCH AND INNOVATION. WISYS RESEARCH DEVELOPMENT IS DESIGNED TO BE INCLUSIVE, ENGAGING SENIOR ADMINISTRATORS, RESEARCH ADMINISTRATORS, AND FACULTY FROM ANY DISCIPLINE, HELPING TO BRIDGE GAPS IN KNOWLEDGE AND SKILLS AND IN CULTURE AND MOTIVATION IN ORDER TO SUSTAIN AND GROW LEVELS OF FACULTY INNOVATION.

Expenses
$198,124
Revenue
$295,000

TECHNOLOGY & BUSINESS DEVELOPMENT: THE TECHNOLOGY & BUSINESS DEVELOPMENT PROGRAM INCLUDES THE WISCONSIN BIG IDEA TOURNAMENT WHICH WAS ESTABLISHED TO HELP EXTEND THE WISCONSIN ENTREPRENEURIAL ECOSYSTEM TO UNIVERSITY OF WISCONSIN STUDENTS, WITH A GOAL TO IMPROVE THE OVERALL QUALITY OF BUSINESS STARTUP PERFORMANCE, ALONG WITH WISYS SCHOLAR/SCIENTIST AWARDS WHICH ARE DESIGNED TO HELP ACCELERATE THE CYCLE OF DEVELOPMENT AND COMMERCIALIZATION OF APPLIED AND TRANSLATIONAL RESEARCH.

Expenses
$228,594
Revenue
$0

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Financials

Wisys Technology Foundation Inc
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Operations

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This organization has no recorded board members.