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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$224.1M
-8.6% YoY
Annual Giving
$42.5M
+251.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$21.3M
+75.8% YoY
About Florida State University Research
Based on IRS filings
Florida State University Research is a nonprofit organization focused on Education, based in TALLAHASSEE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $224.1M in total assets. In 2024, it awarded 2 grants totaling $42.5M. Net investment income was $3.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $224,086,083 | $245,277,590 | $238,210,385 |
| Revenue | $18,957,067 | $24,244,716 | $28,107,542 |
| Expenses | $50,836,314 | $18,836,373 | $14,832,298 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,114,628 | $9,169,368 | $12,590,773 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Florida State University ($41,614,504), Florida Medical Practice Plan Inc ($900,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORIDA STATE UNIVERSITY TALLAHASSEE, FL | RESEARCH | $41,614,504 |
| FLORIDA MEDICAL PRACTICE PLAN INC TALLAHASSEE, FL | RESEARCH | $900,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STACEY PATTERSON | PRESIDENT | 10 | — |
| RICHARD MCCULLOUGH | DIRECTOR | 1 | — |
| DR JAMES CLARK | DIRECTOR | 1 | — |
| KYLE CLARK | DIRECTOR | 1 | — |
| DR SAM HUCKABA | DIRECTOR | 1 | — |
| JOSEPH W LANDERS | DIRECTOR | 1 | — |
| KAY STEPHENSON | DIRECTOR | 1 | — |
| KIM WILLIAMS | DIRECTOR | 1 | — |
| RICARDO SCHNEIDER | DIRECTOR | 1 | — |
| HEATHER CAVE | EXECUTIVE DIRECTOR | 40 | $80,059 |
| KELLY STARKE | SECRETARY | 5 | — |
| KERRY PELUSO | TREASURER | 5 | — |
| MARK RILEY | FORMER INTERIM PRESIDENT | — | — |
| GARY K OSTRANDER | FORMER PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Florida State University Research?
Florida State University Research is a nonprofit organization focused on Education, based in TALLAHASSEE, FL. It holds $224.1M in total assets as of 2024.
How large is Florida State University Research?
As of 2024, Florida State University Research holds $224.1M in total assets with $19.0M in annual revenue. It awarded 2 grants totaling $42.5M in 2024.
Where does Florida State University Research operate?
Florida State University Research has awarded grants in Florida.
What size grants does Florida State University Research award?
In 2024, Florida State University Research awarded 2 grants totaling $42.5M — an average of about $21.3M per grant, based on its IRS Form 990 filings.
What is Florida State University Research's EIN?
Florida State University Research's EIN (Employer Identification Number) is 59-3211153. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Florida State University Research's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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