EIN 38-3555142

Wayne State University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2000
Most recent tax filings
2022-09-01
Description
The Wayne State University Foundation encourages and manages financial support for the university to provide opportunities for its students, faculty, and scientists. Its programs provide financial support for the operations and objectives of Wayne State University.
Related structure
Wayne State University Foundation is child organization, under the parent exemption from Wayne State University.
Total revenues
$143,332,679
2022
Total expenses
$23,095,067
2022
Total assets
$453,355,197
2022
Num. employees
0
2022

Program areas at Wayne State University Foundation

To provide financial support for the operations and objectives of Wayne State University

Grants made by Wayne State University Foundation

GranteeGrant descriptionAmount
Wayne State UniversityProgram Support$17,487,905

Who funds Wayne State University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Madeleine and Mandell L Berman FoundationUnrestricted$150,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$131,738
University of PittsburghResearch- Subcontract$103,570
...and 8 more grants received

Personnel at Wayne State University Foundation

NameTitleCompensation
David MassaronChief Financial Officer , Senior Vice President Finance and Busn Operations
Matthew J SimonciniChair$0
Susan E BurnsPresident$0
Thomas LemarbePast Assistant Treasurer$0
M Roy WilsonUniversity President$0
...and 6 more key personnel

Financials for Wayne State University Foundation

RevenuesFYE 09/2022
Total grants, contributions, etc.$28,806,459
Program services$0
Investment income and dividends$2,233,769
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$112,292,451
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$143,332,679

Form 990s for Wayne State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-04990View PDF
2021-092022-08-08990View PDF
2020-092021-08-05990View PDF
2019-092020-09-25990View PDF
2018-092019-10-11990View PDF
...and 10 more Form 990s

Organizations like Wayne State University Foundation

OrganizationLocationRevenue
Boise State University FoundationBoise, ID$43,170,415
Florida Atlantic University Foundation (FAUF)Boca Raton, FL$79,320,542
Claremont Investment FundClaremont, CA$132,286,956
Oklahoma State University FoundationStillwater, OK$253,058,633
The Ohio University FoundationAthens, OH$75,179,430
Kansas State University FoundationManhattan, KS$256,518,677
University of Arizona FoundationTucson, AZ$279,111,154
Oregon State University FoundationCorvallis, OR$272,172,005
University of Massachusetts FoundationNewton, MA$315,298,982
Washington State University Foundation (WSU)Pullman, WA$157,487,648
Data update history
September 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 24, 2023
Updated personnel
Identified 4 new personnel
September 23, 2023
Used new vendors
Identified 1 new vendor, including
August 20, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 7 new grant, including a grant for $150,000 from Madeleine and Mandell L Berman Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Operates internationallyEndowed supportTax deductible donationsNo full-time employees
General information
Address
5700 Cass Ave Aab 4900
Detroit, MI 48202
Metro area
Detroit-Warren-Dearborn, MI
Website URL
giving.wayne.edu/ 
Phone
(313) 577-5580
IRS details
EIN
38-3555142
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Child within group exemption
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