EIN 23-7326030

Michigan State University Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
31
Year formed
1973
Most recent tax filings
2022-06-01
Description
The Michigan State University Research Foundation promotes and supports the educational, scientific, charitable, and related objectives of Michigan State University by granting funds to advance research and the university's scholarly infrastructure. Additionally, they underwrite MSU's work in technology commercialization, develop bio-based technologies through MBI while scaling them for success. Spartan Innovations provides financial and educational support to turn MSU research technologies into successful Michigan businesses and spurs entrepreneurship in the state's economy.
Also known as...
Michigan State University Foundation
Total revenues
$51,499,585
2022
Total expenses
$23,721,227
2022
Total assets
$547,375,250
2022
Num. employees
31
2022

Program areas at Michigan State University Research Foundation

Granting funds to advance Research and the University's scholarly infrastructure of teaching and dissemination of new knowledge, underwriting msu's work in technology commercialization, developing, scaling and de-risking bio-based technologies through mbi international, a wholly-owned Foundation subsidiary, fostering the creation of startup enterprises originating from msu through the Foundation's spartan innovations and investment holdings subsidiaries, and providing 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.
Spartan innovations provides the educational and financial support necessary to turn msu Research technologies into successful Michigan businesses - and spur entrepreneurship in the Michigan economy.

Grants made by Michigan State University Research Foundation

GranteeGrant descriptionAmount
Michigan State UniversitySupport University$14,823,054

Who funds Michigan State University Research Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
McLaren Greater Lansing (MGL)Spartans Forward Sponsorship$1,000,000
Centro Internacional De Mejoramiento De Maiz y TrigoProgram Support$31,800
Beaumont Hospital DearbornCollege of Osteopathic Medicine Donation$10,000
...and 1 more grant received

Personnel at Michigan State University Research Foundation

NameTitleCompensation
Patrick O'KeefeDirector / Founder and Chief Executive Officer
Jeff DegraafFounder
Teresa KayeProvost and Executive Vice President for Academic Affairs
David WashburnExecutive Director$391,066
Rebecca SkrzyniarzDirector of Finance About
...and 22 more key personnel

Financials for Michigan State University Research Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$5,943,760
Program services$993,417
Investment income and dividends$1,081,934
Tax-exempt bond proceeds$0
Royalty revenue$579,711
Net rental income$0
Net gain from sale of non-inventory assets$42,893,847
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,916
Total revenues$51,499,585

Form 990s for Michigan State University Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2020-062021-05-25990View PDF
2019-062021-02-09990View PDF
2018-062019-08-23990View PDF
2017-062018-01-18990View PDF
...and 7 more Form 990s
Data update history
May 16, 2023
Updated personnel
Identified 2 new personnel
May 9, 2023
Received grants
Identified 1 new grant, including a grant for $1,000,000 from McLaren Greater Lansing (MGL)
October 18, 2022
Updated personnel
Identified 13 new personnel
September 10, 2022
Used new vendors
Identified 2 new vendors, including , and
August 3, 2022
Received grants
Identified 2 new grant, including a grant for $1,000,000 from Mclaren Greater Lansing (MGL)
Nonprofit Types
School foundationsGrantmaking organizationsResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Funds one specific organizationProvides grantsConducts researchOperates internationallyState / local levelReceives government fundingTax deductible donations
General information
Address
325 E Grand River Ave 275
East Lansing, MI 48823
Metro area
Lansing-East Lansing, MI
Website URL
msufoundation.org/ 
Phone
(517) 353-9268
IRS details
EIN
23-7326030
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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