The Ip Law Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HELPS OFFER CAREER-PREPARATION, CAREER-READINESS, AND CAREER-ADVANCEMENT SUPPORT TO STUDENTS INTERESTED IN THE PATENT LAW PROFESSION.
- Income
- $306,811
- Spending
- $368,321
- Spent on programs
- 85%
- Reserves
- 49.7 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 0
- Volunteers
- 42
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 45% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 49.7 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 20% of income.
Income trend
5 of 15Income fell 24% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 74% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2542 of 42 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $312,198 spent. TO OFFER CAREER-PREPARATION, CAREER-READINESS, AND CAREER-ADVANCEMENT SUPPORT TO INDIVIDUALS WITH AN INTEREST IN THE IN THE PATENT LAW PROFESSION IN THE UNITED STATES. THE FOUNDATION'S PROGRAMS WORK TOWARD ACCELERATING THE DEVELOPMENT OF A DEDICATED IP PROFESSIONAL COMMUNITY THROUGH NETWORKING, COUNSELING, AND MENTORING EFFORTS AIMED AT FOSTERING CAREER ADVANCEMENT OF INDIVIDUALS WITH AN INTEREST IN THE PATENT LAW PROFESSION IN THE UNITED STATES. THE SIDNEY B. WILLIAMS, JR. SCHOLAR PROGRAM: THIS MERIT-BASED PROGRAM SUPPORTS STUDENTS FROM STEM BACKGROUNDS WHO ASPIRE TO PURSUE CAREERS IN INTELLECTUAL PROPERTY LAW. DESIGNED TO EXPAND ACCESS AND SUCCESS WITHIN THE PATENT LAW PROFESSION, THE PROGRAM IS OPEN TO INDIVIDUALS APPLYING TO ABA- ACCREDITED LAW SCHOOLS. FOR NEARLY TWO DECADES, THE SIDNEY B. WILLIAMS, JR. SCHOLAR PROGRAM HAS BEEN A VITAL SOURCE OF FINANCIAL SUPPORT FOR STUDENTS EXPLORING CAREERS IN INTELLECTUAL PROPERTY LAW. TODAY, THE PROGRAM HAS EXPANDED ITS REACH PROVIDING A COMPREHENSIVE SUITE OF RESOURCES TO HELP STUDENTS SECURE A LEGAL EDUCATION AND LAUNCH SUCCESSFUL CAREERS IN PATENT LAW. IN ADDITION TO FINANCIAL ASSISTANCE, SCHOLARS NOW BENEFIT FROM: PERSONALIZED COUNSELING AND CAREER GUIDANCE ACCESS TO INTERNSHIPS AND CLERKSHIP OPPORTUNITIES SUPPORT IN PREPARING FOR AND GAINING MEMBERSHIP IN THE PATENT BAR THROUGHOUT THE LAW SCHOOL ADMISSIONS PROCESS AND DURING THEIR LEGAL EDUCATION, SCHOLARS ENGAGE WITH EXPERIENCED PATENT LAW PROFESSIONALS, MENTORS, AND LEADERS IN THE FIELD. TO OFFER CAREER-PREPARATION, CAREER-READINESS, AND CAREER-ADVANCEMENT SUPPORT TO INDIVIDUALS WITH AN INTEREST IN THE IN THE PATENT LAW PROFESSION IN THE UNITED STATES. THE FOUNDATION'S PROGRAMS WORK TOWARD ACCELERATING THE DEVELOPMENT OF A DEDICATED IP PROFESSIONAL COMMUNITY THROUGH NETWORKING, COUNSELING, AND MENTORING EFFORTS AIMED AT FOSTERING CAREER ADVANCEMENT OF INDIVIDUALS WITH AN INTEREST IN THE PATENT LAW PROFESSION IN THE UNITED STATES. THE SIDNEY B. WILLIAMS, JR. SCHOLAR PROGRAM: THIS MERIT-BASED PROGRAM SUPPORTS STUDENTS FROM STEM BACKGROUNDS WHO ASPIRE TO PURSUE CAREERS IN INTELLECTUAL PROPERTY LAW. DESIGNED TO EXPAND ACCESS AND SUCCESS WITHIN THE PATENT LAW PROFESSION, THE PROGRAM IS OPEN TO INDIVIDUALS APPLYING TO ABA- ACCREDITED LAW SCHOOLS. FOR NEARLY TWO DECADES, THE SIDNEY B. WILLIAMS, JR. SCHOLAR PROGRAM HAS BEEN A VITAL SOURCE OF FINANCIAL SUPPORT FOR STUDENTS EXPLORING CAREERS IN INTELLECTUAL PROPERTY LAW. TODAY, THE PROGRAM HAS EXPANDED ITS REACH PROVIDING A COMPREHENSIVE SUITE OF RESOURCES TO HELP STUDENTS SECURE A LEGAL EDUCATION AND LAUNCH SUCCESSFUL CAREERS IN PATENT LAW. IN ADDITION TO FINANCIAL ASSISTANCE, SCHOLARS NOW BENEFIT FROM: PERSONALIZED COUNSELING AND CAREER GUIDANCE ACCESS TO INTERNSHIPS AND CLERKSHIP OPPORTUNITIES SUPPORT IN PREPARING FOR AND GAINING MEMBERSHIP IN THE PATENT BAR THROUGHOUT THE LAW SCHOOL ADMISSIONS PROCESS AND DURING THEIR LEGAL EDUCATION, SCHOLARS ENGAGE WITH EXPERIENCED PATENT LAW PROFESSIONALS, MENTORS, AND LEADERS IN THE FIELD.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: The Foundation (Houston, TX), EIN 92-0742101. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.