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EIN 35-1052049

Purdue Research Foundation (PRF)

IRS 501(c) type
501(c)(3)
Num. employees
449
City
West Lafayette
State
Indiana
Year formed
1930
Most recent tax filings
2020-06-01
NTEE code, primary
H11: Medical Research Single Organization Support
Description
The mission of the Purdue Research Foundation is to advance Purdue University's quest for preeminence in discovery, learning, and engagement through effective stewardship of assets.
Total revenues
$183,185,294
2020
Total expenses
$153,938,530
2020
Total assets
$3,096,906,780
2020
Num. employees
449
2020

Program areas at PRF

Funds were provided to Purdue university for Research grants, international travel grants, and distinguished professor grants to further its education and Research missions. Funding via scholarships, awards, development, and royalties was also provided to supplement Purdue university. Lastly, rental income was collected from tenants located within the Purdue Research park as well as residential units on the Purdue university campus and surrounding areas. Purdue Research park is the home of state-of-the-art technology business incubators that have a working relationship with Purdue university to provide students with learning and Research opportunities.

Grants made by PRF

GranteeGrant descriptionAmount
Trustees of Purdue University / Purdue UniversityScholarships and Research$46,218,777
Boilermaker Health InnovationsProgram Support$233,968

Who funds Purdue Research Foundation (PRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lilly EndowmentThe Gateway Complex Initiative$10,000,000
Lilly EndowmentCharting the Future Initiative$5,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$4,772,192
...and 101 more grants received totalling $31,364,473

Personnel at PRF

NameTitleCompensation
David CooperChief Investment Officer$287,295
Scott W. SeidleChief Financial Officer and Treasurer$322,318
David BroeckerChief Innovation and Collaboration Officer$230,399
Judith A. HallChief Human Resources Officer and Corporate Secretary$116,965
Richard J. MichalChief Building and Facilities Officer$243,298
...and 17 more key personnel

Financials for PRF

RevenuesFYE 06/2020
Total grants, contributions, etc.$59,957,867
Program services$52,739,774
Investment income and dividends$18,197,124
Tax-exempt bond proceeds$0
Royalty revenue$11,379,760
Net rental income$0
Net gain from sale of non-inventory assets$38,448,816
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,461,953
Total revenues$183,185,294

Form 990s for PRF

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-20990View PDF
2019-062021-01-27990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
2016-062017-08-23990View PDF
...and 6 more Form 990s
Data update history
August 3, 2022
Received grants
Identified 21 new grant, including a grant for $3,399,874 from The Chicago Community Trust
March 11, 2022
Updated personnel
Identified 2 new personnel
October 3, 2021
Received grants
Identified 44 new grant, including a grant for $10,000,000 from Lilly Endowment
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 12, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationMembershipsConducts researchLobbyingConservation easementOperates internationallyEndowed supportTax deductible donations
General information
Address
1281 Win Hentschel Blvd
West Lafayette, IN 47906
Metro area
Lafayette-West Lafayette, IN
County
Tippecanoe County, IN
Website URL
prf.org/ 
Phone
(765) 588-3470
Facebook page
Purdue-Research-Park 
Twitter profile
@purduerp 
IRS details
EIN
35-1052049
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1930
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H11: Medical Research Single Organization Support
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
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