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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 2021. Filed on February 8, 2022.

2000 Levy Ave No 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 2021 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 $419,186. The highest compensated employee at Florida State University Research Foundation Inc. is John Thrasher with fiscal year 2021 compensation of $1,571,959.

Revenue, expenses, and employee compensation

Revenue

$23,963,876

Expenses

$13,069,436

Employee compensation

$772,550
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Thrasher
Director
$1,571,959
$0 $1,261,693 $310,266
David Coburn
Former Director
$565,200
$0 $534,218 $30,982
Sally McRorie
Director
$524,148
$0 $476,750 $47,398
Kyle Clark
Director
$477,303
$0 $431,318 $45,985
Gary K Ostrander
President TILL 12/31/2020
$446,531
$0 $353,536 $92,995
Sam Huckaba
Director
$352,926
$0 $307,490 $45,436
Kerry Peluso
Treasurer
$309,939
$0 $228,778 $81,161
Laurel Fulkerson
President AS of 1/1/2021
$218,857
$0 $189,413 $29,444
Holly C Newell
Former Officer
$197,531
$0 $162,556 $34,975
William E Sweeney
Former Director
$166,927
$0 $152,812 $14,115
Heather Cave
Executive Director
$99,630
$0 $83,755 $15,875
Kelly Starke
Secretary
$99,278
$0 $73,672 $25,606

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
$269,756
Meunier Carlin & Curfman LLC
Legal-Patent and Copyright
$120,705

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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