Nonprofits›Penn State Research Foundation

Education

Penn State Research Foundation

UNIVERSITY PK, PA

Website

Total revenue

$7.2M

Total expenses

$5.8M

Net assets

$7.7M

Grants received

—

EIN

251359185

Tax year

2024

Mission

The Penn State Research Foundations mission is to foster and advance scientific research which includes creating, purchasing, holding and licensing of rights for inventions, designs and intellectual property of The Pennsylvania State University.

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue$4.5M
Investment income$244K
Other revenue—
Total revenue$7.2M

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$5.8M
Total expenses$5.8M
Total assets$8.3M
Net assets$7.7M

People

21 listed

NameRoleCompensation

Neelima Bendapudi

Director

Board

—

1 hrs/wk

Andrew Read

President

Board

—

1 hrs/wk

Virginia A Teachey

Treasurer Term 42025

Board

—

1 hrs/wk

Bin Yan

Vice President

Board

—

1 hrs/wk

Lee Wagner

Acting Treasurer Eff 052025

Board

—

1 hrs/wk

James Delattre

Secretary

Board

—

1 hrs/wk

Shannon Harvey

Assistant Secretary

Board

—

1 hrs/wk

C Daniel Azzara

Director

Board

—

1 hrs/wk

Gregory Lewis

Director

Board

—

1 hrs/wk

Tracy Claar

Assistant Secretary

Board

—

1 hrs/wk

Andrew Stephenson

Director

Board

—

1 hrs/wk

Bruce Shook

Director

Board

—

1 hrs/wk

Kathleen Shay

Director

Board

—

1 hrs/wk

Joseph Herbst

Director

Board

—

1 hrs/wk

Mark Granahan

Director

Board

—

1 hrs/wk

Eric Hall II

Director

Board

—

1 hrs/wk

Charles Kunsch

Director

Board

—

1 hrs/wk

Selda Gunsel

Director

Board

—

1 hrs/wk

Patricia Loftus

Director

Board

—

1 hrs/wk

Lora Weiss

Former President

Staff

—

0

Eric Barron

Former Director

Staff

—

0

Details

EIN251359185
NTEE codeB99
Subsection03
Ruling date1979-06
Formed1934
Employees0
PENN STATE RESEARCH FOUNDATION — Mission, Financials & Grants Received | Grantivo