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Note 19. Fiduciary Activities

Fiduciary activities are the collection or receipt, and the management, protection, accounting, and disposition by the federal government of cash or other assets in which non-federal individuals or entities have an ownership interest that the federal government must uphold. Fiduciary cash and other assets are not assets of the federal government and accordingly are not recognized on the proprietary financial statements.

The Patent Cooperation Treaty authorized the USPTO to collect patent filing and search fees on behalf of the WIPO, EPO, Korean Intellectual Property Office, and the Australian Patent Office from U.S. citizens requesting an international patent. The Madrid Protocol Implementation Act authorized the USPTO to collect trademark application fees on behalf of the International Bureau of the WIPO from U.S. citizens requesting an international trademark.

Schedule of Fiduciary Activity
For the years ended September 30, 2011 and 2010
(Dollars in Thousands)
  2011 2010
Patent Cooperation Treaty Madrid
Protocol
Total Fiduciary Funds Patent Cooperation Treaty Madrid
Protocol
Total Fiduciary Funds
Fiduciary Net Assets, Beginning of Year $9,452 $576 $10,028 $9,134 $452 $9,586
Contributions 131,755 14,551 146,306 121,679 9,923 131,602
Disbursements To and on Behalf of Beneficiaries (128,343) (14,789) (143,132) (121,361) (9,799) (131,160)
Increase/(Decrease) in Fiduciary Net Assets 3,412 (238) 3,174 318 124 442
Fiduciary Net Assets, End of Year $12,864 $338 $13,202 $9,452 $576 $10,028


Fiduciary Net Assets
As of September 30, 2011 and 2010
(Dollars in Thousands)
  2011 2010
Patent Cooperation Treaty Madrid
Protocol
Total Fiduciary Funds Patent Cooperation Treaty Madrid
Protocol
Total Fiduciary Funds
Cash and Cash Equivalents $12,864 $338 $13,202 $9,452 $576 $10,028
Total Fiduciary Net Assets $12,864 $338 $13,202 $9,452 $576 $10,028
United States Patent and Trademark Office
Last Modified: 01/03/2012 14:04:41