AI Summary
The Penn State Research Foundation is an education-focused nonprofit supporting The Pennsylvania State University’s scientific research mission by creating, purchasing, holding, and licensing rights to inventions, designs, and intellectual property. In filing year 2024, it reported a $5.8M operating budget and $7.2M in revenue, with major support from the FARRELL FAMILY CHARITABLE FOUNDATION, the The Struthers Family Foundation, and the HAMMEL FAMILY FOUNDATION C/O VICTOR HAMMEL.
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
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Free account
There’s more to this organization
Create a free account to go deeper. No payment required.
- 106 funders
- 33 board & team members
- 9 historic 990s & financials
- 6-year operating budget trend
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.