University of Kentucky Research Foundation

University of Kentucky Research Foundation (UKRF) is a non-profit foundation based in Lexington, Kentucky. Established in 1945, the foundation was formed to receive, invest, and expend funds to promote and implement scientific, educational, and developmental activities. It serves as The University of Kentucky's agent in the receipt of all external grants and contracts, intellectual property income, and other designated income; oversees the protection, development, and commercialization of intellectual properties; and manages special cooperative agreements. The foundation's assets are managed by the board of directors.