Overview
What is Purdue Research Foundation?
Purdue Research Foundation is a nonprofit organization based in West Lafayette, Indiana, with a headquarters at 1281 Win Hentschel Blvd. The primary mission of this organization is to support and advance the educational and research initiatives of Purdue University. It achieves this goal by providing research grants, international travel grants, and distinguished professor grants. Funding is also allocated for scholarships, awards, development, royalties, and rental income. The organization's efforts include managing the Purdue Research Park, which features state-of-the-art technology business incubators, and offering students valuable learning and research opportunities. Purdue Research Foundation contributes significantly to Purdue University's growth and innovation.
Official website here: www.prf.org
Is Purdue Research Foundation legitimate?
Purdue Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purdue Research 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: $2,139,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,716,409
For more financial information, click here
What is the mission statement of Purdue Research Foundation?
The Purdue Research Foundation supports and amplifies the mission of Purdue University. Through various means, it provides funding for research grants, international travel, and distinguished professor awards to further the university's educational and research initiatives. Scholarships, awards, development, royalties, and rental income are among the sources of funding. The foundation's state-of-the-art technology business incubators foster collaborative relationships with Purdue University, offering students valuable learning and research opportunities.
Official website here: www.prf.org
What is the revenue of Purdue Research Foundation?
Who are the executives of Purdue Research Foundation and what are their salaries?
The average compensation at Purdue Research Foundation during 2022 was $69,316. There are 474 employees and 15 volunteers at Purdue Research Foundation.
Here are 30 key members and their salaries (Purdue Research Foundation's CEO's salary is $357,424 and their total compensation is $406,805):
- David Cooper (Chief Investment Officer)
- David Broecker (Chief Innovation And Collaboration Officer)
- Matthew Folk (P4L President & Ceo And Vp Univ Advancement)
- Scott Seidle (Cfo & Treasurer)
- Brian Edelman (President)
- Greg Deason (Svp And Director Of Innovation And Entrepreneurship)
- Sanjay Patel (Director Of Investments)
- Troy Hege (Vp, Innovation And Technology)
- Brooke Beier (Vp, Office Of Technology Commercialization)
- Wade Lange (Vp & Chief Entrepreneurial Officer (Through April 2022))
- Emily Najem (Assistant Secretary)
- Tammy Metzinger (Assistant Treasurer)
- Brandee Sommer (Secretary)
- Mitchell E Daniels Jr (Chair) [Trustee/Director]
- Carrie Kendrick (Director)
- Charles E Schalliol (Director)
- David Adams (Director)
- Emily Liggett (Director)
- Gary Lehman (Director)
- J Timothy Mcginley (Director)
- Julia Hipps (Director)
- Kelvin Pennington (Director)
- Lawrence Beck (Director)
- Mamoon Hamid (Director)
- Michael Klipsch (Director)
- Michael Wells (Director)
- Scott Niswonger (Director)
- William Elmore (Director)
- William Sullivan (Director)
- Theresa Mayer (Vice President For Research)
Official website here: www.prf.org
Where can I find the form 990 for Purdue Research Foundation?
The Purdue Research Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.prf.org
Learn more at the official website: www.prf.org
Mission Statement of Purdue Research Foundation
Purdue Research Foundation, a key entity, plays a pivotal role in supporting the educational and research missions of Purdue University. The organization's primary objective is to fund various initiatives that further the university's goals. This includes research grants, international travel grants, and distinguished professor grants. Funding is also extended through scholarships, awards, development, and royalties to supplement Purdue University's efforts. Moreover, rental income is derived from tenants residing within the Purdue Research Park and residential units on the university campus and its vicinity.
Situated at the heart of Purdue University, Purdue Research Foundation is home to cutting-edge technology business incubators. These incubators foster a collaborative relationship with the university, offering valuable learning and research opportunities to students. The incubators' state-of-the-art facilities provide an ideal environment for innovation and growth, making them an integral component of Purdue University's ecosystem. Overall, Purdue Research Foundation serves as a vital partner in advancing Purdue University's mission, fostering a culture of knowledge, innovation, and academic excellence.
Impact
This information is meant to be a general summary of Purdue Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Purdue Research Foundation's impact is significant in advancing the research and educational missions of Purdue University. It provides funding for research grants, international travel grants, distinguished professor grants, scholarships, awards, and development programs at Purdue University. Additionally, the foundation collects rental income from tenants within the Purdue Research Park, which houses state-of-the-art technology business incubators. These relationships provide students with valuable learning and research opportunities.
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.
Administrative Services
Revenue
$35,919,953
Rental Income from affiliates
Revenue
$15,949,076
Organization Details
Founding Year
1930
Phone
(765) 588-1061
Main Address
1281 Win Hentschel Blvd, West Lafayette, IN, 47906
Website
www.prf.org
NTEE Category
Code: B82 - Education
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