Carl Gulbrandsen, whose leadership and vision during his 16 years as Managing Director of the Wisconsin Alumni Research Foundation (WARF) resulted in unprecedented technological innovation and a doubling of the foundation’s investment portfolio to $2.6 billion, died October 17 after a lengthy illness.
“Our WARF family offers our deepest condolences to Carl’s wife Mary and his children Lars Gulbrandsen, Ellen Jalkut, Erik Gulbrandsen and their families,” said Erik Iverson, WARF’s CEO. “Carl’s legacy of commitment to advancing university research and bringing scientific solutions forward to benefit the world continues in our work today and always will.”
Under Gulbrandsen’s leadership, WARF – the independent nonprofit patenting and licensing organization for UW-Madison – more than tripled its annual support to the university from $43.0 million in fiscal year 2000 to $156.8 million in fiscal year 2016. When Gulbrandsen started as WARF’s Managing Director in 2000, WARF’s investment portfolio had a market value of $1.3 billion. When he left, that amount had doubled.