Purdue Research Foundation
- Existence: December 30, 1930-
Founded in 1930, the Purdue Research Foundation is a nonprofit organization. Through contributions, the foundation provides scholarships, graduate fellowships, faculty grants, and cost-sharing grants. The foundation also manages the Purdue Research Park and Office of Technology Commercialization. Originally envisioned by David E. Ross, the Purdue Research Foundation enables Purdue University, as a public institution, to contract and conduct research with industrial innovators and developers. Ross, together with Josiah K. Lilly of the Eli Lilly and Company, initially donated $50,000 to launch the foundation, which exists today to "manage and license Purdue’s intellectual property, accept gifts, administer trusts, acquire property, negotiate research contracts and perform other services helpful to Purdue." Earnings from long term investments and income from gifts, rentals, and royalties, constitute the foundation’s revenue.
CitationPurdue Research Foundation FAamily of Sites. http://www.prf.org
Found in 1 Collection or Record:
Collection — Multiple Containers
Identifier: UA 5
Abstract Project reports, research director’s calendars and reports, meeting minutes, and other records of the Purdue Research Foundation.
Dates: 1930 - 2014; Majority of material found in 1947-1960; Other: Date acquired: 01/11/2010