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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Florida State University Research Foundation Inc.

Florida State University Research Foundation Inc.

Fiscal year ending 2020. Filed on February 8, 2021.

2000 Levy Avenue Suite 351
Tallahassee, Florida 32310

Florida State University Research Foundation Inc. (EIN: 59-3211153), also known as Fsu Research Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Florida State University Research Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 12 employees. Among the employees shown here, the average compensation is $354,226. The highest compensated employee at Florida State University Research Foundation Inc. is John Thrasher with fiscal year 2020 compensation of $1,024,702.

Revenue, expenses, and employee compensation

Revenue

$21,810,684

Expenses

$15,992,579

Employee compensation

$765,150
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Thrasher
Director
$1,024,702
$0 $732,808 $291,894
David Coburn
Former Director
$580,241
$0 $548,528 $31,713
Sally McRorie
Director
$451,029
$0 $406,693 $44,336
Kyle Clark
Director
$430,394
$0 $384,360 $46,034
Gary K Ostrander
President
$396,586
$0 $337,878 $58,708
Sam Huckaba
Director
$319,088
$0 $273,617 $45,471
Kerry Peluso
Treasurer
$281,811
$0 $207,559 $74,252
William R Ellington
Vice President
$216,990
$0 $193,056 $23,934
Holly Newell
Former Officer (CFO)
$196,144
$0 $153,984 $42,160
Bill Sweeney
Former Director
$159,413
$0 $146,934 $12,479
Kelly Starke
Secretary
$97,492
$0 $70,575 $26,917
Heather Cave
Executive Director
$96,823
$0 $80,614 $16,209

Benchmark Employee Compensation

Non-Employee Board Members

Joseph W Landers
Director
Kay Stephenson
Director
Kim Williams
Director
Ricardo Schneider
Director

Contractors

Eversheds Sutherland (US) LLP
Legal-Patent and Copyright
$404,915
Meunier Carlin & Curfman LLC
Legal-Patent and Copyright
$111,007
Fox Rothschild LLP
Legal-Patent and Copyright
$108,677

Mission Statement

TO PROMOTE, ENCOURAGE, AND ASSIST THE RESEARCH AND TRAINING IN ACTIVITIES OF FACULTY, STAFF, AND STUDENTS OF FLORIDA STATE UNIVERSITY (FSU) THROUGH INCOME FROM CONTRACTS, GRANTS, AND OTHER SOURCES.

Revisions to this organization profile

February 21, 2025:
2024 Florida State University Research Foundation Inc. 990 filed
May 13, 2024:
2023 Florida State University Research Foundation Inc. 990 filed
February 16, 2023:
2022 Florida State University Research Foundation Inc. 990 filed

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