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Michigan State University Research Foundation

Public charity · Grantmaker East Lansing, MI EIN: 23-7326030 Website

Michigan State University Research, based in East Lansing, Michigan, supports the Board of Trustees of Michigan State University and activities related to the university. Its work includes funding university research, supporting entrepreneurship, and creating opportunities for collaboration.

Key facts about Michigan State University Research Foundation

In short: Michigan State University Research Foundation gave $12.7M across 23 grants in 2025 (avg $552K), mostly in Michigan. Source: 2025 IRS Form 990.

EIN
23-7326030
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$12,692,673
Grants made (2025)
23
Average grant
$551,855
Median grant
$18,420
Total assets
$656,424,728
Primary geography
Michigan (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$656.4M

+0.2% YoY

Annual Giving

$12.7M

+5.1% YoY

Grant Count

23

-25.8% YoY

Avg Grant Size

$552K

+41.6% YoY

How Michigan State University Research Foundation gives

  • 57% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−14%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s filing states that its purpose is to support the Board of Trustees of Michigan State University and to promote, sponsor, assist, and carry out educational, scientific, charitable, and related activities and objectives of the university. Its website describes its mission as supporting the MSU ecosystem with resources that increase the impact of research and innovation.

Its stated strategic pillars are Discovery, Innovation, and Connection. Discovery includes grants for research across disciplines; Innovation includes programming and investments for entrepreneurs; Connection includes environments for collaboration among entrepreneurs, researchers, and businesses. The organization also describes endowment management, team and culture, and communication as enabling pillars.

Grantmaking

In 2025, the organization reported 23 grants totaling $12,692,673. Grant amounts ranged from $8,695 to $12,162,542, with a median of $18,420. The largest grant, $12,162,542, went to the Michigan State University Board of Trustees for university support. Other listed grants included $53,368 to The Ohio State University for an NSF ENGINES subrecipient purpose, and startup support grants including $49,620 to Reel Free LLC, $44,239 to Vetr Health LLC, and $42,000 to Carbon Stealth Design LLC.

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Geographic Focus

Where this funder awards grants

The 2025 filing lists grants to recipients in Michigan and Ohio, with Michigan accounting for the reported grant dollars. The organization describes its venture funding as supporting high-tech startups built around Michigan innovation and its Michigan Rise program as providing capital and grant support to Michigan-based technology startups.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 23 itemized grants.

States

Cities

Grand RapidsEast LansingAdaAlmaBelmontPlymouthSawyerStanwoodColumbusCoopersvilleDuttonGrosse Pointe FarmsHastingsHollandLowellMidlandSterling HeightsWyoming

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M1 grant2020 1 grant2021 1 grant2022 16 grants2023 31 grants2024 23 grants2025

From 2020 to 2025, annual grant giving ranged from $12.1M (2024) to $18.2M (2023). In 2025 it made 23 grants totaling $12.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Michigan State University Board of Trustees: $12.2MMichigan State UniversityBoard of Trustees$12.2MThe Ohio State University: $53KThe Ohio State University$53KReel Free LLC: $50KReel Free LLC$50KVetr Health LLC: $44KVetr Health LLC$44KCarbon Stealth Design LLC: $42KCarbon Stealth Design LLC$42KRide Yourway: $40KRide Yourway$40KHealthbar: $35KHealthbar$35KMovefactorx: $32KMovefactorx$32KSharp & Flat Inc: $25KSharp & Flat Inc$25KWimage: $23KWimage$23K

The largest 2025 recipient was Michigan State University Board of Trustees ($12.2M). Together the top 10 received $12.5M.

Grant Size Distribution

72 grants across all recorded years

63<$50K3$50–100K$100–250K1$250–500K$500K–1M$1–5M5$5M+

The most common grant size was under $50K: 63 grants of 72 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Michigan State University Board of Trustees East Lansing, MISupport University$12,162,542
The Ohio State University Columbus, OHNSF Engines Subrecipient$53,368
Reel Free LLC Lowell, MIStartup Support$49,620
Vetr Health LLC Grand Rapids, MIStartup Support$44,239
Carbon Stealth Design LLC Ada, MIStartup Support$42,000
Ride Yourway Dutton, MIStartup Support$40,278
Healthbar Grand Rapids, MIStartup Support$34,786
Movefactorx Grand Rapids, MIStartup Support$31,856
Sharp & Flat Inc Holland, MIStartup Support$25,000
Wimage Grand Rapids, MIStartup Support$22,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2025 $656,424,728 $44,725,234 $24,891,311 $12,692,673 23
2024 $655,014,665 $31,661,100 $25,784,029 $12,077,470 31
2023 $600,365,725 $35,711,061 $29,167,774 $18,158,243 16

The filing type is 990T.

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$656,424,728$655,014,665$600,365,725
Revenue$44,725,234$31,661,100$35,711,061
Expenses$24,891,311$25,784,029$29,167,774
Net Investment Income$33,073,886$16,994,748$23,246,663

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David Washburn as CEO, Phil Zecher as president, Randolph Cowen as chairman, Scott Eston as vice chairman through December 2024, and John Phillips as vice chairman as of December 2024. It also lists Bruce Leech as treasurer, Linda Hubbard as secretary as of December 2024, and Howard Akumiah, Jon Braeutigam, and Kermitt Brooks as directors.

Michigan State University Research Foundation is led by David Washburn, CEO since 2025 (on filings since 2020); 8 of 34 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • David Washburn

    CEO

    Executive Director → CEO & Executive Director, 2024

    CEO & Executive Director → CEO, 2025

    On filings since 2020

    37 hrs/week

    $403K (2020) → $463K (2025)

  • Jeffrey Wesley

    Executive Director & Ventures

    Executive Director → Executive Director Rcv, 2022

    Executive Director Rcv → Executive Director & Ventures, 2023

    On filings since 2020

    40 hrs/week

    $266K (2020) → $352K (2025)

  • Phil Zecher

    President

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Randolph Cowen

    Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Frank Urban

    Director of Venture Creation

    On filings since 2020

    40 hrs/week

    $117K (2020) → $166K (2025)

  • Rebekah Skrzyniarz

    Director of Finance

    On filings since 2020

    38 hrs/week

    $126K (2020) → $197K (2025)

  • Bradley Fingland

    Director of Venture Creation

    On filings since 2021

    40 hrs/week

    $141K (2021) → $161K (2025)

  • Thomas Stewart

    Director & Venture Programming

    New on the 2025 filing

    40 hrs/week

    $139K (2025)

  • Tommy Skinner

    Director Venture Investments

    New on the 2025 filing

    40 hrs/week

    $150K (2025)

  • Douglas Gage

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Janice Stipp

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jeffrey Degraaf

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Joel Wittenberg

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jon Braeutigam

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Patricia Hemingway Hall

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • William Seifert

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kermitt Brooks

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Stan Sokolowski

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Thomas Jeitschko

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Brianna Scott

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Ethel Cormier

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Howard Akumiah

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Kathryn Stewart

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Kelly Tebay

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Kevin Guskiewicz

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Thomas Glasmacher

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Lisa Frace

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Renee Knake Jefferson

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Rick Lasch

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Matt Okoneski

    Venture Asociate

    Venture Associate → Venture Asociate, 2024

    On filings since 2023

    40 hrs/week

    $116K (2023) → $151K (2025)

  • Bruce Leech

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Phillips

    Vice Chairman

    Secretary → Vice Chairman, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Linda Hubbard

    Secretary

    Director → Secretary, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Scott Eston

    Vice Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (22)
  • Former: Melissa Woo (2020–2024) — President
  • Former: Prem Bodagala (2021–2024) — Director of Red Cedar Vent.
  • Former: Teresa Woodruff (2021–2024) — Director
  • Former: Kyle McGregor (2023–2024) — Director of Health Innov.
  • Former: Norm Beauchamp (2023–2024) — Director
  • Former: Melanie Foster (2020–2023) — Director
  • Former: Samuel L. Stanley Jr. MD (2020–2023) — Director
  • Former: Pat O'Keefe (2021–2023) — Director
  • Former: Dianne Byrum (2020–2021) — Director
  • Former: Steve Hsu (2020–2021) — Director
  • Former: Teresa Sullivan (2020–2021) — Director
  • Former: Traci Cannon (2020–2021) — Fmr Special Projects
  • Former: Alexander McAree (2020) — Director
  • Former: John McLane (2020) — Director
  • Former: June Youatt (2020) — Director
  • Former: Nancy Schlichting (2020) — Director
  • Former: Paul Jaques (2020) — Si-Director & Stu. Eng.
  • Former: Sarah Kunst (2020) — Director
  • Former: Satish Udpa (2020) — Director
  • Former: Stan Sokowski (2020) — Director
  • Former: Sue Unger (2020) — Director
  • Former: Wolfgang Bauer (2020) — President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

David Washburn — CEO: $463KDavid WashburnCEO$463KJeffrey Wesley — Executive Director, Ventures: $352KJeffrey WesleyExecutive Director, Ventures$352KRebekah Skrzyniarz — Director of Finance: $197KRebekah SkrzyniarzDirector of Finance$197KFrank Urban — Director of Venture Creation: $166KFrank UrbanDirector of Venture Creation$166KBradley Fingland — Director of Venture Creation: $161KBradley FinglandDirector of Venture Creation$161KMatt Okoneski — Venture Asociate: $151KMatt OkoneskiVenture Asociate$151KTommy Skinner — Director Venture Investments: $150KTommy SkinnerDirector Venture Investments$150KThomas Stewart — Director, Venture Programming: $139KThomas StewartDirector, Venture Programming$139K

The highest reported compensation on the 2025 filing was $463K, to David Washburn (CEO). 8 officers or directors reported compensation on that filing.

Contact

Mailing address: 325 E Grand River Ave Ste 275, East Lansing, MI 48823
Phone: (517) 353-9268
Website: https://msufoundation.org

Frequently asked questions about Michigan State University Research Foundation

How much does Michigan State University Research Foundation give each year?

Michigan State University Research Foundation gave $12.7M across 23 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $12.1M across 31 grants.

What is Michigan State University Research Foundation's typical grant size?

Michigan State University Research Foundation's median grant in 2025 was $18,420, and its average grant was $551,855, across 23 grants on its 2025 IRS Form 990.

Where does Michigan State University Research Foundation give grants?

Michigan State University Research Foundation gives mostly in Michigan: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Grand Rapids, MI (12 grants).

Does Michigan State University Research Foundation give general operating support?

Not in 2025: none of the 23 grants with a stated purpose on Michigan State University Research Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Startup Support" (21 grants).

Who are Michigan State University Research Foundation's largest grantees?

Michigan State University Research Foundation's largest 2025 grantees include Michigan State University Board of Trustees ($12,162,542), The Ohio State University ($53,368) and Reel Free LLC ($49,620), according to its 2025 IRS Form 990. Together they received 97% of its itemized 2025 grant dollars.

How large is Michigan State University Research Foundation?

Michigan State University Research Foundation reported $656.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $44.7M.

What does Michigan State University Research Foundation fund?

The organization’s filing states that its purpose is to support the Board of Trustees of Michigan State University and to promote, sponsor, assist, and carry out educational, scientific, charitable, and related activities and objectives of the university. See mission & focus areas ↑

How do I apply for a grant from Michigan State University Research Foundation?

Michigan State University Research Foundation has no public application process in the sources Grantable reviewed. Check msufoundation.org for current guidelines, or contact the foundation directly before submitting a request.

What is Michigan State University Research Foundation's EIN?

Michigan State University Research Foundation's EIN (Employer Identification Number) is 23-7326030. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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