Michigan State University Research Foundation

East Lansing, MI · EIN 23-7326030 · Education · Rank 10,746 by total revenue

To provide support for the board of trustees of michigan state university (continued in schedule o) and to promote, sponsor, assist, and carry out educational, scientific, charitable and related activities and objectives of michigan state university.

Money, Form 990 for tax year 2024

Total revenue: $44,725,234
Total expenses: $24,891,311
Total assets: $656,424,728
Salary base (all salaries and wages): $4,594,309
Salaries, other pay and benefits: $5,625,727
Employees: 43
Salary base per employee: $106,844

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (29)

Name	Title	Role	Hours/week	Total pay
David Washburn	CEO	Board, Officer	37	$530,933
Rebekah Skrzyniarz	DIRECTOR OF FINANCE	Officer	38	$237,666
Phil Zecher	PRESIDENT	Board, Officer	2	None reported
Randolph Cowen	CHAIRMAN	Board, Officer	2	None reported
Scott Eston	VICE CHAIRMAN (THRU 12/24)	Board, Officer	2	None reported
John Phillips	VICE CHAIRMAN (AS OF 12/24)	Board, Officer	2	None reported
Bruce Leech	TREASURER	Board, Officer	2	None reported
Linda Hubbard	SECRETARY (AS OF 12/24)	Board, Officer	2	None reported
Jeffrey Wesley	EXECUTIVE DIRECTOR, VENTURES	Key employee	40	$409,061
Howard Akumiah	DIRECTOR	Board	2	None reported
Jon Braeutigam	DIRECTOR	Board	2	None reported
Kermitt Brooks	DIRECTOR	Board	2	None reported
Ethel Cormier	DIRECTOR	Board	2	None reported
Jeffrey Degraaf	DIRECTOR	Board	2	None reported
Lisa Frace	DIRECTOR (AS OF 02/25)	Board	2	None reported
Douglas Gage	DIRECTOR	Board	2	None reported
Thomas Glasmacher	DIRECTOR (THRU 02/25)	Board	2	None reported
Kevin Guskiewicz	DIRECTOR	Board	2	None reported
Patricia Hemingway Hall	DIRECTOR (THRU 12/24)	Board	2	None reported
Renee Knake Jefferson	DIRECTOR (AS OF 01/25)	Board	2	None reported
Thomas Jeitschko	DIRECTOR	Board	2	None reported
Rick Lasch	DIRECTOR (AS OF 06/25)	Board	2	None reported
Brianna Scott	DIRECTOR	Board	2	None reported
William Seifert	DIRECTOR	Board	2	None reported
Stan Sokolowski	DIRECTOR	Board	2	None reported
Kathryn Stewart	DIRECTOR	Board	2	None reported
Janice Stipp	DIRECTOR	Board	2	None reported
Kelly Tebay	DIRECTOR (THRU 01/25)	Board	2	None reported
Joel Wittenberg	DIRECTOR	Board	2	None reported

Top 10 paid people listed

These 8 people received $2,094,836, which is 45.6% of the $4,594,309 salary base shared by 43 employees.

Name	Title	Role	Hours/week	From this org	From related orgs	Other pay	Total
David Washburn	CEO	Board, Officer	37	$463,297	$0	$67,636	$530,933
Jeffrey Wesley	EXECUTIVE DIRECTOR, VENTURES	Key employee	40	$352,004	$0	$57,057	$409,061
Rebekah Skrzyniarz	DIRECTOR OF FINANCE	Officer	38	$196,517	$0	$41,149	$237,666
Frank Urban	DIRECTOR OF VENTURE CREATION	Highly paid employee	40	$165,949	$0	$46,906	$212,855
Bradley Fingland	DIRECTOR OF VENTURE CREATION	Highly paid employee	40	$161,359	$0	$34,814	$196,173
Matt Okoneski	VENTURE ASOCIATE	Highly paid employee	40	$151,264	$0	$21,224	$172,488
Tommy Skinner	DIRECTOR VENTURE INVESTMENTS	Highly paid employee	40	$150,314	$0	$21,303	$171,617
Thomas Stewart	DIRECTOR, VENTURE PROGRAMMING	Highly paid employee	40	$139,429	$0	$24,614	$164,043

Sources

IRS e-file return 202621329349306732 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
IRS Tax Exempt Organization Search for EIN 23-7326030
Organization website (as filed): www.msufoundation.org