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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 2022. Filed on August 4, 2023.

5700 Cass Avenue Aab 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 2022 IRS Form 990 filing, Wayne State University Foundation, a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $360,010. The highest compensated employee at Wayne State University Foundation is M Roy Wilson, M.D., Ms with fiscal year 2022 compensation of $794,967.

Revenue, expenses, and employee compensation

Revenue

$143,332,679

Expenses

$23,095,067

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

M Roy Wilson, M.D., Ms
University President
$794,967
$0 $570,314 $224,653
Rebecca Cooke
Interim Treasurer
$467,513
$0 $437,397 $30,116
Susan E Burns
President
$359,292
$0 $306,954 $52,338
Marianne Cunningham
Assistant Treasurer
$239,577
$0 $211,298 $28,279
Linda Beale
Director/Wsu LAW Professor
$193,904
$0 $169,909 $23,995
Neco T Walker
Secretary
$104,805
$0 $87,325 $17,480
Thomas Lemarbe
Assistant Treasurer (Part Year)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Angelo Vitale
Director
Bryan C Barnhill III
Director
Cindy Pasky
Director
David E Meador
Director
David M Hempstead
Director
Denise J Lewis
Director
Elizabeth Goldsberry
Director
James A Anderson
Director
Joy H Baxt
Director
Kolleen T Kennedy
Director
Matthew J Simoncini
Chair
Robert Reaves
Director

Contractors

SS&C
Investment Management
$695,566
Strategic Investment Management LLC St
Investment Management
$335,260

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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