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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 Michigan State University Research Foundation

Michigan State University Research Foundation

Fiscal year ending 2023. Filed on May 15, 2024.

325 E Grand River Ave 275
East Lansing, Michigan 48823

Michigan State University Research Foundation (EIN: 23-7326030) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2023 IRS Form 990 filing, Michigan State University Research Foundation, a 501(c)(3) charitable organization, reported compensation for 8 out of 34 total employees. Among the employees shown here, the average compensation is $226,592. The highest compensated employee at Michigan State University Research Foundation is David Washburn with fiscal year 2023 compensation of $448,827.

Revenue, expenses, and employee compensation

Revenue

$35,711,061

Expenses

$29,167,774

Employee compensation

$5,150,347
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Washburn
Executive Director
$448,827
$390,197 No related comp$58,630
Jeffrey Wesley
Executive Director, Ventures
$358,654
$305,422 No related comp$53,232
Rebekah Skrzyniarz
Finance Director
$194,425
$159,456 No related comp$34,969
Frank Urban
Director of Venture Creation
$191,478
$150,234 No related comp$41,244
Prem Bodagala
Director of RED Cedar Ventures
$189,009
$160,364 No related comp$28,645
Bradley Fingland
Director of Venture Creation
$178,063
$147,079 No related comp$30,984
Kyle McGregor
Director of Health Innovation
$131,609
$131,609 No related compNo other comp
Matt Okoneski
Venture Associate
$120,674
$115,701 No related comp$4,973

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Leech
Treasurer
Douglas Gage
Director
Janice Stipp
Director
Jeffrey Degraaf
Director
Joel Wittenberg
Director
John Phillips
Secretary
Jon Braeutigam
Director
Kermitt Brooks
Director
Linda Hubbard
Director
Melanie Foster
Director (Part-Year)
Melissa Woo
President
Norm Beauchamp
Director (AS of 06/23)

Contractors

Cambridge Associates LLC
Consulting
$375,000
Grant Thornton LLP
Accounting
$174,940
Bodman LLP
Legal Fees
$122,226

Mission Statement

TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY (CONTINUED IN SCHEDULE O) AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY.

Revisions to this organization profile

May 15, 2024:
2023 Michigan State University Research Foundation 990 filed
May 12, 2023:
2022 Michigan State University Research Foundation 990 filed
May 13, 2022:
2021 Michigan State University Research Foundation 990 filed

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