About Purdue research foundation
The Purdue Research Foundation (PRF) is a non-profit organization that plays a crucial role in advancing the mission of Purdue University. Established in 1930, PRF has been instrumental in managing and licensing Purdue's intellectual property, accepting gifts, administering trusts, acquiring property, and negotiating research contracts.
At PRF, we are committed to promoting discovery, learning and engagement by providing support to researchers and innovators at Purdue University. Our team of experts works tirelessly to ensure that the groundbreaking research conducted at Purdue is translated into real-world applications that benefit society as a whole.
One of the key areas where PRF excels is in managing intellectual property. We work closely with researchers at Purdue to identify inventions and discoveries that have commercial potential. Once an invention has been identified, our team helps to protect it through patents or other forms of intellectual property protection. We then work with industry partners to license these technologies for commercialization.
In addition to managing intellectual property, PRF also plays an important role in fundraising for the university. We accept gifts from individuals and organizations who want to support research at Purdue University. These gifts can be directed towards specific projects or initiatives or can be used more broadly across the university.
Another area where PRF provides critical support is in administering trusts on behalf of donors who want their contributions used for specific purposes such as scholarships or research grants. Our team ensures that these funds are managed effectively so that they can have maximum impact on the areas they are intended to support.
Finally, PRF also plays a key role in acquiring properties for use by the university. This includes everything from land acquisition for new buildings or facilities to purchasing equipment needed for cutting-edge research projects.
Overall, The Purdue Research Foundation (PRF) is an essential part of advancing discovery and innovation at one of America's leading universities. With our expertise in managing intellectual property rights combined with our commitment to fundraising and supporting researchers across campus - we help ensure that groundbreaking discoveries made at Purdue make their way into real-world applications benefiting society as a whole!