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
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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 | $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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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