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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 The Penn State Research Foundation

The Penn State Research Foundation

Fiscal year ending 2020. Filed on May 16, 2022.

408 Old Main
University Park, Pennsylvania 16802

The Penn State Research Foundation (EIN: 25-1359185) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2020 IRS Form 990 filing, The Penn State Research Foundation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $493,243. The highest compensated employee at The Penn State Research Foundation is Eric Barron with fiscal year 2020 compensation of $1,154,426.

Revenue, expenses, and employee compensation

Revenue

$4,837,721

Expenses

$4,420,480

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Eric Barron
Director
$1,154,426
$0 $1,127,949 $26,477
Raymond Hohl
Director
$738,618
$0 $702,508 $36,110
Lora Weiss
President and Director
$415,331
$0 $388,854 $26,477
David Branigan
Treasurer Prior
$351,407
$0 $282,720 $68,687
Joseph Doncsecz
Treasurer
$338,349
$0 $311,872 $26,477
James Delattre
Acting Secretary
$230,088
$0 $210,492 $19,596
Harl Tolbert
Vice President
$224,485
$0 $205,362 $19,123

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Stephenson
Director
Bruce Booth
Director
Bruce Shook
Director
C Daniel Azzara
Director
Edward Frymoyer
Director
Joseph Herbst
Director
Kathleen Shay
Director
Linda Schaffer
Director
Mary Good
Director
Teresa Dolan
Director
Todd Erdley
Director

Mission Statement

The Penn State Research Foundations mission is to foster and advance scientific research which includes creating, purchasing, holding and licensing of rights for inventions, designs and intellectual property of The Pennsylvania State University.

Revisions to this organization profile

October 16, 2025:
2024 The Penn State Research Foundation 990 filed
November 7, 2024:
2023 The Penn State Research Foundation 990 filed
October 17, 2023:
2022 The Penn State Research Foundation 990 filed

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