The primary mission of Purdue Research Foundation is to advance the mission of Purdue University.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7B
+6.3% YoY
Annual Giving
$171.6M
+227.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$85.8M
+227.0% YoY
About Purdue Research Foundation
Based on IRS filings
Purdue Research Foundation is a nonprofit organization focused on Education, based in WEST LAFAYETTE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7B in total assets. In 2024, it awarded 2 grants totaling $171.6M. Net investment income was $64.4M.
Focus Areas
Ready to take the next step with Purdue Research Foundation?
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 | $4,719,284,662 | $4,439,087,595 | $4,144,181,780 |
| Revenue | $322,760,840 | $169,421,704 | $255,699,800 |
| Expenses | $335,614,829 | $199,166,269 | $157,836,051 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $64,364,164 | $51,169,151 | $80,246,916 |
| 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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purdue University ($170,958,224), Boilermaker Health Innovations Inc ($601,645).
| Recipient | Purpose | Amount |
|---|---|---|
| Purdue University WEST LAFAYETTE, IN | Scholarship and Research | $170,958,224 |
| Boilermaker Health Innovations Inc WEST LAFAYETTE, IN | General Support | $601,645 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mitchell E Daniels Jr | Chair | 7 | — |
| Carrie Kendrick | Director | 1 | — |
| Charles E Schalliol | Director | 1 | — |
| David Adams | Director | 1 | — |
| Emily Liggett | Director | 1 | — |
| Gary Lehman | Director | 1 | — |
| J Timothy McGinley | Director | 1 | — |
| Julia Hipps | Director | 1 | — |
| Kelvin Pennington | Director | 1 | — |
| Lawrence Beck | Director | 1 | — |
| Mamoon Hamid | Director (Through Dec 2023) | 1 | — |
| Michael Klipsch | Director | 1 | — |
| Michael Wells | Director | 1 | — |
| Scott Niswonger | Director | 1 | — |
| William Elmore | Director | 1 | — |
| William Sullivan | Director (Through May 2024) | 1 | — |
| Brandee Sommer | Secretary | 40 | $86,752 |
| Brian Edelman | President | 40 | $365,841 |
| Brooke Beier | Sr. VP, Commercialization | 40 | $313,165 |
| Emily Najem | Assistant Secretary | 40 | $176,283 |
| Greg Deason | SR. VP, Alliances & Placemaking | 40 | $304,500 |
| Karen Plaut | Vice President for Research | 1 | — |
| Scott Seidle | CFO & Treasurer | 40 | $374,128 |
| Tammy Metzinger | Assistant Treasurer | 40 | $163,513 |
| Blair Webb | Director of Investments | 40 | $310,407 |
| David Broecker | Chief Innovation and Collaboration Officer | 40 | $333,294 |
| David Cooper | Chief Investment Officer | 40 | $477,705 |
| Matthew Folk | P4L President & CEO and VP Univ Advancement | 40 | $493,561 |
| Michelle Giuda | CEO, Krach Institute for Tech Diplomacy at Purdue | 40 | $533,351 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Purdue Research Foundation?
Purdue Research Foundation is a nonprofit organization focused on Education, based in WEST LAFAYETTE, IN. It holds $4.7B in total assets as of 2024.
How large is Purdue Research Foundation?
As of 2024, Purdue Research Foundation holds $4.7B in total assets with $322.8M in annual revenue. It awarded 2 grants totaling $171.6M in 2024.
Where does Purdue Research Foundation operate?
Purdue Research Foundation has awarded grants in Indiana.
What size grants does Purdue Research Foundation award?
In 2024, Purdue Research Foundation awarded 2 grants totaling $171.6M — an average of about $85.8M per grant, based on its IRS Form 990 filings.
What is Purdue Research Foundation's EIN?
Purdue Research Foundation's EIN (Employer Identification Number) is 35-1052049. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Purdue Research Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Lilly Endowment Inc
INDIANAPOLIS, IN
Assets
$79.9B
Grants
1,808
Total Given
$2.3B
Central Indiana Community Foundation Inc
INDIANAPOLIS, IN
Assets
$583.5M
Grants
525
Total Given
$31.1M
United Way of Central Indiana Inc
INDIANAPOLIS, IN
Assets
$255.2M
Grants
370
Total Given
$29.9M
Round Room Gives Inc
FISHERS, IN
Assets
$1.4M
Grants
357
Total Given
$1.8M
Lumina Foundation for Education Inc
INDIANAPOLIS, IN
Assets
$1.5B
Grants
357
Total Given
$30.0M
University of Notre Dame du Lac
NOTRE DAME, IN
Assets
$26.7B
Grants
356
Total Given
$42.0M
Indianapolis Center for Congregations Inc
INDIANAPOLIS, IN
Assets
$62.6M
Grants
336
Total Given
$7.6M
Nina Mason Pulliam Charitable Trust
INDIANAPOLIS, IN
Assets
$441.1M
Grants
328
Total Given
$22.7M
Nicholas H Noyes Jr Memorial
CARMEL, IN
Assets
$133.1M
Grants
284
Total Given
$4.4M
Community Foundation
ELKHART, IN
Assets
$461.3M
Grants
281
Total Given
$25.8M
Welborn Baptist Foundation Inc
EVANSVILLE, IN
Assets
$96.4M
Grants
274
Total Given
$4.0M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Purdue Research Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities