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Florida State University Research Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593211153 ✦ Tallahassee, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida State University Research Foundation Inc?

Florida State University Research Foundation Inc, located at 2000 Levy Avenue, Tallahassee, Florida, is a nonprofit organization dedicated to supporting research and training activities at Florida State University (FSU). They accept and manage contracts and grants from private sources, including non-U.S. federal, state, and local governmental entities. The Foundation processed 205 proposals and 161 awards during the current year. Its mission is to promote, encourage, and facilitate the research and training efforts of FSU faculty, staff, and students through income from various sources. The organization's activities contribute significantly to advancing knowledge and innovation at Florida State University.


Official website here: www.research.fsu.edu

Is Florida State University Research Foundation Inc legitimate?

Florida State University Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida State University Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $112,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $720,269

For more financial information, click here


Official website here: www.research.fsu.edu

What is the mission statement of Florida State University Research Foundation Inc?

The Florida State University Research Foundation Inc is dedicated to fostering and supporting the research and training activities of faculty, staff, and students at Florida State University. This is accomplished through revenue generated from contracts, grants, and other sources. The organization processes proposals and manages awards to facilitate these research endeavors. In the recent year, they handled 205 proposals and secured 161 awards.


Official website here: www.research.fsu.edu

Who is the CEO of Florida State University Research Foundation Inc?

Mark Riley is the Interim President As Of 4/2/2022 of Florida State University Research Foundation Inc.


Official website here: www.research.fsu.edu

What is the revenue of Florida State University Research Foundation Inc?

Florida State University Research Foundation Inc's revenue in 2022 was $28,107,542.


Official website here: www.research.fsu.edu

Who are the executives of Florida State University Research Foundation Inc and what are their salaries?

Here are 16 key members and their salaries:

    John Thrasher (Director Until 8/15/2021)
  • Compensation: $0
  • Related: $955,159
  • Other: $206,541

    • Sally Mcrorie (Director Until 1/2/2022)
  • Compensation: $0
  • Related: $442,981
  • Other: $48,087

    • Kyle Clark (Director)
  • Compensation: $0
  • Related: $419,337
  • Other: $47,810

    • Richard Mccullough (Director As Of 8/16/2021)
  • Compensation: $0
  • Related: $310,965
  • Other: $95,699

    • Gary K Ostrander (Former President)
  • Compensation: $0
  • Related: $346,873
  • Other: $46,097

    • Sam Huckaba (Director)
  • Compensation: $0
  • Related: $306,965
  • Other: $47,049

    • Kerry Peluso (Treasurer)
  • Compensation: $0
  • Related: $232,168
  • Other: $84,630

    • Laurel Fulkerson (President Until 04/01/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $234,351
  • Other: $40,748

    • Mark Riley (Interim President As Of 4/2/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $206,577
  • Other: $38,327

    • Heather Cave (Executive Director)
  • Compensation: $0
  • Related: $83,458
  • Other: $16,585

    • Kelly Starke (Secretary)
  • Compensation: $0
  • Related: $71,842
  • Other: $27,451

    • James Clark (Director As Of 1/3/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Stephenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph W Landers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.research.fsu.edu

    Where can I find the form 990 for Florida State University Research Foundation Inc?

    The Florida State University Research Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.research.fsu.edu

    Learn more at the official website: www.research.fsu.edu

    Mission Statement of Florida State University Research Foundation Inc

    Florida State University Research Foundation Inc is a dynamic organization dedicated to fostering the research and training pursuits of faculty, staff, and students at Florida State University (FSU). By securing income from contracts, grants, and various other sources, the Foundation plays a pivotal role in encouraging and facilitating scholarly activities within the academic community.

    In the current year alone, the Research Foundation managed 205 proposals and awarded 161 grants. These funds are instrumental in supporting research projects and initiatives at FSU, contributing significantly to its academic growth and reputation. The Foundation's mission is threefold: to promote, encourage, and assist the research and training activities of FSU's faculty, staff, and students through income from external sources. This mission is crucial in enabling FSU to remain at the forefront of research and innovation in its field.

    The Research Foundation's role extends beyond just providing financial support. It serves as a bridge between FSU and external entities, facilitating collaborative partnerships and fostering a culture of scholarly excellence. The Foundation's commitment to securing grants and contracts not only bolsters FSU's research capabilities but also strengthens its ties with industry and the wider community. Ultimately, the Florida State University Research Foundation Inc is an indispensable partner in fueling the intellectual momentum and progress at Florida State University.

    Impact

    This information is meant to be a general summary of Florida State University Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Florida State University Research Foundation Inc's impact lies in promoting, encouraging, and facilitating research and training activities at Florida State University (FSU) through income from contracts, grants, and other sources. The foundation accepts and administers contracts and grants from private sources, including non-U.S. federal, state, and local governmental entities, which are utilized to support research projects at FSU. In the most recent year, the Research Foundation processed 205 proposals and 161 awards, showcasing its significant role in supporting research endeavors at the university. Through its efforts, the foundation contributes to advancing knowledge, innovation, and academic excellence within the educational landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,590,773
  • Program Service Revenue: $15,116,427
  • Gross Receipts: $89,250,629

    • Assets and Liabilities:
  • Total Assets: $238,210,385
  • Total Liabilities: $69,758,573
  • Net Assets: $168,451,812
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACTS & GRANTS

    Revenue

    $11,624,035

    RENTAL REVENUE

    Revenue

    $3,194,790

    LICENSING FEES & ROYALTIES

    Revenue

    $297,602

    Organization Details

    Founding Year

    1993

    Principal Officer

    Mark Riley

    Main Address

    2000 LEVY AVENUE 351, TALLAHASSEE, FL, 323105792

    NTEE Category

    Code: B110 - Education

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