AI Summary
The Penn State Research Foundation, with EIN 25-1359185, is dedicated to advancing scientific research through the creation, purchase, holding, and licensing of inventions, designs, and intellectual property associated with The Pennsylvania State University. Operating with a budget of $5.8 million and generating total revenue of $7.2 million in 2024, the foundation is significantly funded by multiple sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at psu.edu.
Mission Statement
The Penn State Research Foundations mission is to foster and advance scientific research which includes creating, purchasing, holding and licensing of rights for inventions, designs and intellectual property of The Pennsylvania State University.
Cause Areas
1
Education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is The Penn State Research Foundation’s budget?
In 2024, The Penn State Research Foundation reported an annual operating budget of around $5.8 million. More detailed financial information is available to registered users.
What causes does The Penn State Research Foundation support?
The Penn State Research Foundation supports work in Education.
Where does The Penn State Research Foundation operate?
The Penn State Research Foundation is headquartered in University Park, PA.
Who funded The Penn State Research Foundation recently?
In 2020, The Penn State Research Foundation received grants from SWENSON FAMILY FOUNDATION, FAIRMAN FAMILY FOUNDATION, and HERMANCE A D TW SCHOLARSHIPS. More information on this organization’s funders is available to registered users.
What is the largest grant The Penn State Research Foundation received in 2020?
The largest grant to The Penn State Research Foundation in 2020 exceeds $25 thousand.