WARF is a nonprofit, mission-driven organization. It serves the University of Wisconsin-Madison scientific community by patenting the discoveries of UW-Madison researchers and licensing these technologies to leading companies in Wisconsin, the United States and worldwide. In this way, WARF also facilitates the use of UW-Madison research for the maximum benefit of society. WARF distributes the income from commercial licenses to the UW-Madison, the inventors and their departments. It was founded in 1925 and is headquartered in Madison, Wisconsin. The company seeks to expand its business operations through mergers and acquisitions.