NonprofitsMichigan State University Foundation

Education

Michigan State University Foundation

EAST LANSING, MI

Total revenue

$31.7M

Total expenses

$25.8M

Net assets

$575.4M

Grants received

$6.0M

29 grants

EIN

237326030

Tax year

2023

Mission

To provide support for the board of trustees of michigan state university (continued in schedule o) and to promote, sponsor, assist, and carry out educational, scientific, charitable and related activities and objectives of michigan state university.

Programs

1 program

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.

Expenses: $3.2M

Financials

FY 2023

Revenue

Contributions & grants$11.9M
Program service revenue$1.2M
Investment income$17.0M
Other revenue$1.6M
Total revenue$31.7M

Expenses

Grants paid$12.7M
Salaries & benefits$5.1M
Fundraising
Other expenses$8.0M
Total expenses$25.8M
Total assets$655.0M
Net assets$575.4M

People

34 listed

NameRoleCompensation

DAVID WASHBURN

CEO/EXECUTIVE DIRECTOR

Board

$457K

37 hrs/wk

REBEKAH SKRZYNIARZ

DIRECTOR OF FINANCE

Board

$173K

38 hrs/wk

JON BRAEUTIGAM

DIRECTOR

Board

2 hrs/wk

KERMITT BROOKS

DIRECTOR

Board

2 hrs/wk

JEFFREY DEGRAAF

DIRECTOR

Board

2 hrs/wk

HOWARD AKUMIAH

DIRECTOR

Board

2 hrs/wk

ETHEL CORMIER

DIRECTOR

Board

2 hrs/wk

DOUGLAS GAGE

DIRECTOR

Board

2 hrs/wk

THOMAS GLASMACHER

DIRECTOR (BEG 5/2024)

Board

2 hrs/wk

KEVIN GUSKIEWICZ

DIRECTOR (BEG 3/2024)

Board

2 hrs/wk

PATRICIA HEMINGWAY HALL

DIRECTOR

Board

2 hrs/wk

LINDA HUBBARD

DIRECTOR (THRU 05/24)

Board

2 hrs/wk

THOMAS JEITSCHKO

DIRECTOR

Board

2 hrs/wk

BRIANNA SCOTT

DIRECTOR

Board

2 hrs/wk

WILLIAM SEIFERT

DIRECTOR

Board

2 hrs/wk

STAN SOKOLOWSKI

DIRECTOR

Board

2 hrs/wk

KATHRYN STEWART

DIRECTOR

Board

2 hrs/wk

JANICE STIPP

DIRECTOR

Board

2 hrs/wk

KELLY TEBAY

DIRECTOR

Board

2 hrs/wk

JOEL WITTENBERG

DIRECTOR

Board

2 hrs/wk

TERESA WOODRUFF

DIRECTOR (THRU 03/24)

Board

2 hrs/wk

NORM BEAUCHAMP

DIRECTOR

Board

2 hrs/wk

JOHN PHILLIPS

SECRETARY

Board

2 hrs/wk

BRUCE LEECH

TREASURER

Board

2 hrs/wk

SCOTT ESTON

VICE CHAIRMAN

Board

2 hrs/wk

RANDOLPH COWEN

CHAIRMAN

Board

2 hrs/wk

MELISSA WOO

PRESIDENT (THRU 12/23)

Board

2 hrs/wk

PHIL ZECHER

PRESIDENT (AS OF 12/23)

Board

2 hrs/wk

JEFFREY WESLEY

EXECUTIVE DIRECTOR, VENTURES

Staff

$333K

40 hrs/wk

PREM BODAGALA

DIR. OF RED CEDAR VENT. (THRU 01/24)

Staff

$175K

40 hrs/wk

BRADLEY FINGLAND

DIRECTOR OF VENTURE CREATION

Staff

$153K

40 hrs/wk

FRANK URBAN

DIRECTOR OF VENTURE CREATION

Staff

$151K

40 hrs/wk

KYLE MCGREGOR

DIR. OF HEALTH INNOV.

Staff

$145K

40 hrs/wk

MATT OKONESKI

VENTURE ASOCIATE

Staff

$138K

40 hrs/wk

Independent contractors

CAMBRIDGE ASSOCIATES LLC

CONSULTING SERVICES

$375K

GRANT THORNTON LLP

ACCOUNTING SERVICES

$286K

SOLOVIS INC

SOFTWARE

$106K

MATTHEW R RUDD

CONSULTING SERVICES

$100K

Grants received

Showing 29 of 29

FromAmountPurposeYear
$37K
IMPROVING RECEPTION: BETTER DETECTION OF RFID PLANT LABELS WITH DRONE MOUNTED AND HANDHELD READERS
2024
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$150K
EVENT SPONSORSHIP FOR SAN FRANCISCO SUMMIT.
2023
$10K
GENERAL SUPPORT
2023
$1M
SPARTANS FORWARD SPONSORSHIP
2022
$1M
SPARTANS FORWARD SPONSORSHIP
2022
$33K
MATCHING GIFTS
2022
$6K
VARIOUS PROGRAMS
2022
$1M
SPARTANS FORWARD SPONSORSHIP
2021
$1M
SPARTANS FORWARD SPONSORSHIP
2020
$50K
CANCER RESEARCH
2020
$20K
A9002479 SMITTER-WRIGHT INTERNSHIP SCHOLARSHIP FUND
2020
$14K
CHRISTINE STEVENS AWARDS
2020
$9K
OPERATIONS
2020
$1M
SPARTANS FORWARD SPONSORSHIP
2019
$82K
Charitable Donation
2019
$10K
SEE STATEMENT 4.
2019
$100K
TO SUPPORT EDUCATION.
2018
$86K
GENERAL SUPPORT
2018
$10K
General Support
2018
$33K
SHEAR STRESS MODULATES INVASIVENESS TUMORIGENICITY AND IMMUNE RESPONSES IN OVARIAN CANCER STEM CELLS
2017
$11K
General Support
2017
$8K
DONOR DESIGNATION
2017

Funded by

$6.0M from 22 funders · 29 grants · 2017–2024

Mclaren Greater Lansing

$5M · 5 grants · 2019–2022

Charities Aid Foundation America

$168K · 2 grants · 2018–2019

Mozilla Foundation

$150K · 1 grant · 2023

Alan Jay And Sue E Kaufman Family

$100K · 1 grant · 2018

Donor Advised Charitable Giving Inc

$75K · 2 grants · 2017–2018

Gateway For Cancer Research

$50K · 1 grant · 2020

Details

EIN237326030
NTEE codeB110
Subsection03
Ruling date1991-05
Formed1973
Employees39
Volunteers23
MICHIGAN STATE UNIVERSITY FOUNDATION — Mission, Financials & Grants Received | Grantivo