TO PROMOTE, ENCOURAGE AND FACILITATE THE RESEARCH AND TRAINING ACTIVITIES OF FACULTY, STAFF AND STUDENTS OF THE FLORIDA STATE UNIVERSITY THROUGH INCOME FROM CONTRACTS, GRANTS AND OTHER SOURCES.
Key facts about Florida State University Research Foundation Inc
- EIN
- 59-3211153
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $30,282,071
- Grants made (2025)
- 1
- Average grant
- $30,282,071
- Median grant
- $30,282,071
- Total assets
- $218,801,229
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How Florida State University Research Foundation Inc gives
- Giving grew 175% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Florida State University Research Foundation Inc
- How to evaluate Florida State University Research Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$218.8M
-2.4% YoY
Annual Giving
$30.3M
-28.8% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$30.3M
+42.5% YoY
About Florida State University Research Foundation Inc
Based on IRS filings
Florida State University Research Foundation Inc is a nonprofit organization focused on Education, based in Tallahassee, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $218.8M in total assets. In 2025, it awarded 1 grant totaling $30.3M. Net investment income was $6.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $218,801,229 | $224,086,083 | $245,277,590 |
| Revenue | $24,252,536 | $18,957,067 | $24,244,716 |
| Expenses | $38,636,606 | $50,836,314 | $18,836,373 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,390,527 | $3,114,628 | $9,169,368 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2025 (received by the IRS April 9, 2026)
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Florida State University ($30,282,071).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORIDA STATE UNIVERSITY Tallahassee, FL | RESEARCH | $30,282,071 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stacey Patterson | Fsu VP for Research, Fsurf President | 10 | — |
| Dr James Clark | Fsu Provost | 1 | — |
| Dr Sam Huckaba | Fsu Dean of Arts & Sciences | 1 | — |
| Joseph W Landers | Director | 1 | — |
| Kay Stephenson | Director | 1 | — |
| Kyle Clark | Fsu VP for Finance & Administration | 1 | — |
| Ricardo Schneider | Director | 1 | — |
| Richard McCullough | Fsu President & Chair | 1 | — |
| Valerie McDevitt | FSU AVP, FSU Strategic Partnerships and Innovation (BEGAN JUL. 2024) | 1 | — |
| Heather Cave | Executive Director | 40 | — |
| Kelly Starke | Secretary | 5 | — |
| Kerry Peluso | Treasurer | 5 | — |
| Gary K Ostrander | Former President | — | — |
| Mark Riley | Former Interim President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Florida State University Research Foundation Inc?
Florida State University Research Foundation Inc is a nonprofit organization focused on Education, based in Tallahassee, FL. It holds $218.8M in total assets as of 2025.
How large is Florida State University Research Foundation Inc?
As of 2025, Florida State University Research Foundation Inc holds $218.8M in total assets with $24.3M in annual revenue. It awarded 1 grant totaling $30.3M in 2025.
Where does Florida State University Research Foundation Inc operate?
Florida State University Research Foundation Inc has awarded grants in Florida.
What size grants does Florida State University Research Foundation Inc award?
In 2025, Florida State University Research Foundation Inc awarded 1 grant totaling $30.3M — an average of about $30.3M per grant, based on its IRS Form 990 filings.
What is Florida State University Research Foundation Inc's EIN?
Florida State University Research Foundation Inc's EIN (Employer Identification Number) is 59-3211153. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.