EIN 35-1052049

Purdue Research Foundation (PRF)

IRS 501(c) type
501(c)(3)
Num. employees
474
State
Year formed
1930
Most recent tax filings
2022-06-01
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
$255,699,800
2022
Total expenses
$157,836,051
2022
Total assets
$4,144,181,780
2022
Num. employees
474
2022

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 UniversityScholarship and Research$44,196,394

Who funds Purdue Research Foundation (PRF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lilly EndowmentCharting the Future Initiative$10,000,000
Schwab Charitable FundEducation$5,661,561
Marin Community FoundationProgram Support$3,135,000
...and 137 more grants received totalling $39,857,619

Personnel at PRF

NameTitleCompensation
David CooperBoard Member$406,252
Scott SeidleChief Financial Officer and Treasurer$358,063
David BroeckerBoard Member$412,220
Judith A. HallChief Human Resources Officer and Corporate Secretary$116,965
Richard J. MichalBoard Member$247,374
...and 19 more key personnel

Financials for PRF

RevenuesFYE 06/2022
Total grants, contributions, etc.$114,383,081
Program services$51,869,029
Investment income and dividends$17,828,770
Tax-exempt bond proceeds$0
Royalty revenue$5,555,837
Net rental income$0
Net gain from sale of non-inventory assets$62,418,146
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,644,937
Total revenues$255,699,800

Form 990s for PRF

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2020-062021-05-20990View PDF
2019-062021-01-27990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
...and 7 more Form 990s
Data update history
June 25, 2023
Updated personnel
Identified 4 new personnel
May 14, 2023
Used new vendors
Identified 3 new vendors, including , , and
May 8, 2023
Updated personnel
Identified 2 new personnel
May 7, 2023
Received grants
Identified 5 new grant, including a grant for $618,003 from The Blackbaud Giving Fund
August 3, 2022
Received grants
Identified 21 new grant, including a grant for $3,399,874 from The Chicago Community Trust
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsLobbyingConservation 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
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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