Overview
What is Michigan State University Foundation?
Michigan State University Foundation is a nonprofit organization based in East Lansing, Michigan, with an address at 325 E Grand River Ave 275, ZIP code 48823. Its primary mission is to support Michigan State University (MSU) by granting funds to advance research and the scholarly infrastructure of teaching and dissemination of new knowledge. The Foundation underwrites MSU's work in technology commercialization through MBI International, a wholly-owned subsidiary. They foster the creation of startup enterprises originating from MSU, and provide facilities and building sites at the University Corporate Research Park and Foundation Park I for technology enterprises, university technology-development initiatives, and university/industry collaborations. The Foundation's role also includes promoting, sponsoring, assisting, and carrying out educational, scientific, charitable, and related activities and objectives of Michigan State University. With a workforce of approximately 31 employees, the Michigan State University Research Foundation is dedicated to furthering the impact of MSU in various sectors.
Official website here: www.msufoundation.org
Is Michigan State University Foundation legitimate?
Michigan State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan State University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,185,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,190,155
For more financial information, click here
What is the mission statement of Michigan State University Foundation?
The Michigan State University Foundation supports the Board of Trustees of Michigan State University and contributes to the realization of its educational, scientific, charitable, and related objectives. The foundation carries out this mission by granting funds for research and the scholarly infrastructure of teaching at the university, underwriting technology commercialization efforts, and fostering the creation of start-up enterprises. Through its Spartan Innovations and investment holdings subsidiaries, the foundation develops, scales, and de-risks bio-based technologies. Additionally, it provides facilities and building sites at the University Corporate Research Park and Foundation Park I for technology enterprises, university technology-development initiatives, and university/industry collaborations.
Official website here: www.msufoundation.org
Who is the CEO of Michigan State University Foundation?
David Washburn is the Executive Director of Michigan State University Foundation.
Official website here: www.msufoundation.org
What is the revenue of Michigan State University Foundation?
Michigan State University Foundation's revenue in 2022 was $51,499,585.
Official website here: www.msufoundation.org
Who are the executives of Michigan State University Foundation and what are their salaries?
The average compensation at Michigan State University Foundation during 2022 was $108,900. There are 31 employees and 21 volunteers at Michigan State University Foundation.
Here are 25 key members and their salaries:
- David Washburn (Executive Director)
- Jeffrey Wesley (Executive Director Rcv & Si)
- Frank Urban (Director Of Venture Creation)
- Rebekah Skrzyniarz (Director Of Finance)
- Bradley Fingland (Director Of Venture Creation)
- Prem Bodagala (Director Of Red Cedar Ventures)
- Melissa Woo (President) [Trustee/Director]
- Randolph Cowen (Chairman) [Trustee/Director]
- Scott Eston (Vice Chairman) [Trustee/Director]
- Bruce Leech (Treasurer) [Trustee/Director]
- John Phillips (Secretary) [Trustee/Director]
- Jon Braeutigam (Director)
- Kermitt Brooks (Director)
- Jeffrey Degraaf (Director)
- Melanie Foster (Director)
- Douglas Gage (Director)
- Patricia Hemingway Hall (Director)
- Linda Hubbard (Director)
- Pat O'Keefe (Director)
- William Seifert (Director)
- Stan Sokolowski (Director)
- Samuel L Stanley Jr Md (Director)
- Janice Stipp (Director)
- Joel Wittenberg (Director)
- Teresa Woodruff (Director)
Official website here: www.msufoundation.org
Where can I find the form 990 for Michigan State University Foundation?
The Michigan State University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.msufoundation.org
Learn more at the official website: www.msufoundation.org
Mission Statement of Michigan State University Foundation
Michigan State University Foundation, a notable organization, is dedicated to providing support for the Board of Trustees of Michigan State University and promoting various educational, scientific, charitable, and related activities and objectives of the university. In essence, the foundation serves as a vital partner in advancing Michigan State University's mission.
The foundation's primary role involves granting funds to further research and enhance the scholarly infrastructure of teaching and knowledge dissemination at the university. It underwrites Michigan State University's work in technology commercialization and develops, scales, and de-risks bio-based technologies through MBI International, a wholly-owned foundation subsidiary. Furthermore, the foundation fosters the creation of startup enterprises originating from Michigan State University through Spartan Innovations and Investment Holdings subsidiaries.
Michigan State University Foundation provides facilities and building sites at the University Corporate Research Park and Foundation Park I for technology enterprises, university technology-development initiatives, and university/industry collaborations. By doing so, it bridges the gap between groundbreaking research and practical applications, ultimately contributing to the university's overall growth and innovation.
Impact
This information is meant to be a general summary of Michigan State University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Michigan State University Foundation's impact can be seen through its support for the advancement of research and scholarly infrastructure at Michigan State University. By granting funds to facilitate technology commercialization, developing bio-based technologies, and fostering startup enterprises through its subsidiaries, the foundation plays a vital role in driving innovation and entrepreneurship. Additionally, by providing facilities and building sites for technology enterprises and collaborative initiatives, the foundation contributes to the growth of university-industry partnerships and the development of cutting-edge solutions. This impactful work aligns with the foundation's mission to support the educational, scientific, and charitable objectives of Michigan State University.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE REVENUE
Revenue
$888,417
SPONSORSHIP
Revenue
$105,000
Organization Details
Founding Year
1973
Phone
(517) 353-9268
Principal Officer
David Washburn
Main Address
325 E GRAND RIVER AVE 275, EAST LANSING, MI, 48823
Website
www.msufoundation.org
NTEE Category
Code: B11 - Education
If you are a representative of Michigan State University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.