The Purdue Research Foundation (PRF) is a private, nonprofit foundation established in 1930 to support Purdue University's mission. PRF plays a crucial role in advancing research and innovation at the university. They accept gifts, administer trusts, fund scholarships and grants, and acquire property.

Additionally, PRF protects Purdue's intellectual property and promotes entrepreneurial activities on behalf of the university. PRF manages several key entities, including the Purdue Foundry, Purdue Office of Technology Commercialization, Purdue Research Park, Discovery Park District, Purdue Technology Centers, and University Development Office. They are known for their outstanding track record in startup creation and patents.

In fact, the IPWatchdog Institute ranked Purdue third nationally for startup creation in 2020. Through its various initiatives, PRF helps Purdue University maintain its world-class status. They manage intellectual property, provide funding for scientific investigation and research, and support facility improvements.

Contributions to Purdue through PRF result in scholarships, fellowships, grants, and equipment cost-sharing grants, enabling the foundation to support discovery and learning at the university. For more information on licensing Purdue innovations or getting involved in startup investments, you can visit the Purdue Office of Technology Commercialization website or the Purdue Foundry website