EIN 23-7326030

Michigan State University Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
34
Year formed
1973
Most recent tax filings
2023-06-01
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.
Related structure
Michigan State University Research Foundation is a parent organization to a group of 14 other organizations.
Also known as...
Michigan State University Foundation
Total revenues
$35,711,061
2023
Total expenses
$29,167,774
2023
Total assets
$600,365,725
2023
Num. employees
34
2023

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$17,560,656

Who funds Michigan State University Research Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mclaren Greater Lansing (MGL)Spartans Forward Sponsorship$1,000,000
KPMG US FoundationMatching Gifts$32,962
Johnson Charitable Gift FundVarious Programs$5,500

Personnel at Michigan State University Research Foundation

NameTitleCompensation
Patrick O'KeefeDirector / Founder and Chief Executive Officer
David WashburnBoard Member$391,066
Rebecca SkrzyniarzDirector of Finance About
Rebekah SkrzyniarzDirector of Finance$159,456
Kyle McGregorDirector of Health Innovations , Grand Rapids About$131,609
...and 18 more key personnel

Financials for Michigan State University Research Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,872,793
Program services$1,295,616
Investment income and dividends$8,424,948
Tax-exempt bond proceeds$0
Royalty revenue$2,119,907
Net rental income$116,328
Net gain from sale of non-inventory assets$14,821,715
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$59,754
Total revenues$35,711,061

Form 990s for Michigan State University Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-12990View PDF
2021-062022-05-13990View PDF
2020-062021-05-25990View PDF
2019-062021-02-09990View PDF
...and 9 more Form 990s
Data update history
July 11, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,500 from Johnson Charitable Gift Fund
January 29, 2024
Updated personnel
Identified 9 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 27, 2023
Received grants
Identified 3 new grant, including a grant for $1,000,000 from Mclaren Greater Lansing (MGL)
Nonprofit Types
School foundationsGrantmaking organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyEducation
Characteristics
Funds one specific organizationConducts researchOperates internationallyState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
325 E Grand River Ave 275
East Lansing, MI 48823
Metro area
Lansing-East Lansing, MI
County
Ingham County, 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
Parent of group exemption
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