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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 Wayne State University Foundation

Wayne State University Foundation

Fiscal year ending 2020. Filed on August 5, 2021.

5700 Cass Avenue Aab No 4900
Detroit, Michigan 48202

Wayne State University Foundation (EIN: 38-3555142) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Wayne State University Foundation, a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $360,935. The highest compensated employee at Wayne State University Foundation is M Roy Wilson, M.D., Ms with fiscal year 2020 compensation of $857,419.

Revenue, expenses, and employee compensation

Revenue

$23,111,509

Expenses

$18,798,342

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

M Roy Wilson, M.D., Ms
University President
$857,419
$0 $636,511 $220,908
William R Decatur
Treasurer (Part-Year)
$429,311
$0 $356,712 $72,599
Susan E Burns
President
$399,631
$0 $351,501 $48,130
Rebecca Cooke
Interim Treasurer-Effective 01/2020
$340,406
$0 $311,448 $28,958
Bryan Dadey
Assistant Treasurer
$289,359
$0 $250,526 $38,833
Marianne Cunningham
Assistant Treasurer
$247,316
$0 $218,154 $29,162
Linda Beale
Director
$213,752
$0 $189,045 $24,707
Neco T Walker
Secretary
$110,289
$0 $86,465 $23,824

Benchmark Employee Compensation

Non-Employee Board Members

Bryan C Barnhill III
Director
Cindy Pasky
Director
David E Meador
Director
David M Hempstead
Director
David Salzman
Director
Denise J Lewis
Director
Frederick J Sievert
Director (Part-Year)
James A Anderson
Director
James C Roumell
Director
Joy H Baxt
Director
Kim Trent
Director (Part-Year)
Kolleen T Kennedy
Director

Contractors

Strategic Investment Management LLC St
Investment Management
$1,680,745
SS&C
Investment Management
$385,865
Perella Weinberg Partners LP
Investment Management
$216,949
Egerton Investment Partners Lp
Investment Management
$196,835

Mission Statement

WAYNE STATE UNIVERSITY FOUNDATION WAS ESTABLISHED TO BE A CENTRALIZED MEANS OF ENCOURAGING AND MANAGING FINANCIAL SUPPORT TO WAYNE STATE UNIVERSITY. THIS SUPPORT ALLOWS WAYNE STATE UNIVERSITY TO PROVIDE ITS STUDENTS, FACULTY, AND SCIENTISTS WITH OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE.

Revisions to this organization profile

August 8, 2025:
2024 Wayne State University Foundation 990 filed
August 13, 2024:
2023 Wayne State University Foundation 990 filed
August 4, 2023:
2022 Wayne State University Foundation 990 filed

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