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Office of Financial Management

Royalties

Offers royalty payments to inventors and collects royalty income from licensees for scientific research programs conducted in the ICs

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About the Royalties

NIH offers royalty payments to inventors and collects royalty income from licensees for scientific research programs conducted in the ICs.  OFM roles and responsibilities include, but are not limited to: monitor notification of collections from licensees, post those collections; calculate and pay inventors royalty payments (bi-annually and on an ad hoc basis for cash awards); prepare tax related documents for inventors; perform income and payment reconciliations.

Royalty payments are issued bi-annually with the first payout in June for the months of October to March of that Fiscal year and second payout in October for the period of April to September of that Fiscal year.

Tax forms are generated and mailed out to the inventors by January 31st and reported to the IRS.

 

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Financial Operations Division
2115 East Jefferson Street
Rockville, MD 20852

For General Support Contact:
301-402-8831

For IC Invoice Specialist Support Contact:

For Public Invoice Support Contact:
301-496-6088

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