Tufts University
We were able to locate detailed royalty sharing information for Tufts University dating as far back as 1986. An email from a representative of Tufts stated that the school has had two iterations of its policy on patent royalty distribution in that time.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tufts University | 1986 | 1999 | No | 0.50 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
| Tufts University | 2000 | 2017 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.1 | No | No |
Policy Excerpts
Current Policy
An email from a representative of Tufts stated that the current policy has been in effect since 1999.
Costs and Net Royalty Income: Unless otherwise agreed, Net Royalty Income shall mean Gross Royalties in the form of cash or cash proceeds whether from the sale of equity or obtained in licensing transactions, less commercialization costs, including but not limited to billed costs for protection of intellectual property, marketing, legal fees and other licensing costs, as well as a 10% share of royalties (after commercialization costs have been deducted) for non-reimbursed costs.
Distribution of Net Royalty Income: With respect to intellectual property owned by the University hereunder Net Royalty Income shall be distributed (usually annually) as follows:
- 40% Creator(s) (personal)
- 20% Creator’s Department or equivalent unit (for support of research and other creative activity)
- 20% Creator’s School (Dean’s fund for support of research and other creative activity)
- 20% University (President/Provost/Vice Provost’s funds for discretionary support of research and other creative activity)
1986 Policy
An email from a representative of Tufts stated that Tufts University's royalty sharing policy from 1986 to 1999 was:
All royalty payments and other income, net of out-of pocket legal, marketing and related costs directly associated with the invention, will be distributed according to the formula shown below, unless otherwise determined in a specific case by the University Intellectual Property Committee, or unless otherwise required by the agreement under which the invention was conceived:
| Inventor's share: | First $10,000: 50% | |
| Over $10,000: 25% | ||
| Inventor's department's share: | First $10,000: 20% | |
| Over $10,000: 25% | ||
| School/Center share | First $10,000: 10% | |
| Over $10,000: 25% | ||
| General institutional share: | First $10,000: 20% | |
| Over $10,000: 25% |
