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The primary mission of Purdue Research Foundation is to advance the mission of Purdue University.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$169.4M
Program Spending
57%
of total expenses go to program services
Total Contributions
$43.9M
Total Expenses
▼$199.2M
Total Assets
$4.4B
Total Liabilities
▼$3.1B
Net Assets
$1.3B
Officer Compensation
→$2.1M
Other Salaries
$36.3M
Investment Income
$51.2M
Fundraising
▼N/A
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $52.5M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
Purdue University35-6002041 | West Lafayette, IN | $52.2M | Cash | Scholarship and Research |
BOILERMAKER HEALTH INNOVATIONS INC26-1999384 | WEST LAFAYETTE, IN | $242.6K | Cash | General Support |
| Total | $52.5M | |||
West Lafayette, IN
$52.2M
WEST LAFAYETTE, IN
$242.6K
Source: USAspending.gov · Searched by organization name
VA/DoD Awards
$458.9K
VA/DoD Award Count
2
Funding from the Department of Veterans Affairs and/or Department of Defense.
Total Federal Funding
$2.4M
Awards Found
4
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Energy | PURDUE TECHNOLOGY CENTER OF NORTHWEST INDIANA ADDITION | $1.9M | FY2008 | Sep 2008 – Mar 2011 | Open → |
| VA/DoDDepartment of Defense | NEW TECHNIQUES IN NON LINEAR, DISCRETE, AND FUNCTIONAL OPTIMIZATION | $458.9K | FY2003 | Oct 2002 – May 2009 | Open → |
| VA/DoDDepartment of Defense | NAVAIR SCIENCE AND TECHNOLOGY BASIC AND APPLIED RESEARCH BASE TERMS AND CONDITIONS | $0 | FY2017 | Jul 2017 – May 2019 | Open → |
| Department of Energy | PURDUE TECHNOLOGY CENTER OF NORTHWEST INDIANA ADDITION | $0 | FY2008 | Sep 2008 – Mar 2011 | Open → |
Department of Energy
$1.9M
PURDUE TECHNOLOGY CENTER OF NORTHWEST INDIANA ADDITION
Department of Defense
$458.9K
NEW TECHNIQUES IN NON LINEAR, DISCRETE, AND FUNCTIONAL OPTIMIZATION
Department of Defense
$0
NAVAIR SCIENCE AND TECHNOLOGY BASIC AND APPLIED RESEARCH BASE TERMS AND CONDITIONS
Department of Energy
$0
PURDUE TECHNOLOGY CENTER OF NORTHWEST INDIANA ADDITION
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $169.4M | $43.9M | $199.2M | $4.4B | $1.3B |
| 2022IRS e-File | $169.4M | $43.9M | $199.2M | $4.4B | $1.3B |
| 2021 | $243.9M | $46.5M | $138.5M | $4.3B | $1.3B |
| 2020 | $183.2M | $60M | $153.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Scott Seidle | CFO & Treasurer | 40 | $364.5K | $0 | $44K | $408.5K |
| Brian Edelman | President | 40 | $352.7K | $0 | $43.8K | $396.5K |
| Brooke Beier | Vp, Office Of Technology Commercialization | 40 | $288.2K | $0 | $70.4K | $358.6K |
| Greg Deason | SVP And Director Of Innovation And Entrepreneurship | 40 | $292.9K | $0 | $64.7K | $357.6K |
| Emily Najem | Assistant Secretary | 40 | $170.7K | $0 | $43.6K | $214.3K |
| Tammy Metzinger | Assistant Treasurer | 40 | $149.7K | $0 | $32.9K | $182.6K |
| Brandee Sommer | Secretary | 40 | $78.6K | $0 | $30K | $108.7K |
| Mitchell E Daniels Jr | Chair | 7 | $0 | $0 | $0 | $0 |
| Karen Plaut | Vice President For Research (beg Jan 2023) | 1 | $0 | $0 | $0 | $0 |
| Theresa Mayer | Vice President For Research (until Feb 2023) | 1 | $0 | $0 | $0 | $0 |
Scott Seidle
CFO & Treasurer
$408.5K
Hrs/Wk
40
Compensation
$364.5K
Related Orgs
$0
Other
$44K
Brian Edelman
President
$396.5K
Hrs/Wk
40
Compensation
$352.7K
Related Orgs
$0
Other
$43.8K
Brooke Beier
Vp, Office Of Technology Commercialization
$358.6K
Hrs/Wk
40
Compensation
$288.2K
Related Orgs
$0
Other
$70.4K
Greg Deason
SVP And Director Of Innovation And Entrepreneurship
$357.6K
Hrs/Wk
40
Compensation
$292.9K
Related Orgs
$0
Other
$64.7K
Emily Najem
Assistant Secretary
$214.3K
Hrs/Wk
40
Compensation
$170.7K
Related Orgs
$0
Other
$43.6K
Tammy Metzinger
Assistant Treasurer
$182.6K
Hrs/Wk
40
Compensation
$149.7K
Related Orgs
$0
Other
$32.9K
Brandee Sommer
Secretary
$108.7K
Hrs/Wk
40
Compensation
$78.6K
Related Orgs
$0
Other
$30K
Mitchell E Daniels Jr
Chair
$0
Hrs/Wk
7
Compensation
$0
Related Orgs
$0
Other
$0
Karen Plaut
Vice President For Research (beg Jan 2023)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Theresa Mayer
Vice President For Research (until Feb 2023)
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| David Cooper | Chief Investment Officer | 40 | $529K | $0 | $45.6K | $574.6K |
| Bonnie Glick | Director Krach Institute For Tech Diplomacy (partial Year) | 40 | $460.4K | $0 | $47.5K | $507.9K |
| David Broecker | Chief Innovation And Collaboration Officer | 40 | $438K |
David Cooper
Chief Investment Officer
$574.6K
Hrs/Wk
40
Compensation
$529K
Related Orgs
$0
Other
$45.6K
Bonnie Glick
Director Krach Institute For Tech Diplomacy (partial Year)
$507.9K
Hrs/Wk
40
Compensation
$460.4K
Related Orgs
$0
Other
$47.5K
David Broecker
Chief Innovation And Collaboration Officer
$477.6K
Hrs/Wk
40
Compensation
$438K
Related Orgs
$0
Other
$39.7K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Carrie Kendrick | Director | 1 | $0 | $0 | $0 | $0 |
| Charles E Schalliol | Director | 1 | $0 | $0 | $0 | $0 |
| David Adams | Director | 1 | $0 | $0 | $0 | $0 |
| Emily Liggett | Director | 1 | $0 | $0 | $0 | $0 |
| Gary Lehman | Director | 1 | $0 | $0 | $0 | $0 |
| J Timothy Mcginley | Director |
Carrie Kendrick
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Charles E Schalliol
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
David Adams
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $3.1B |
| $1B |
| 2019 | $212.5M | $34.8M | $138.3M | $3.1B | $1B |
| 2018 | $195M | $30.7M | $133.4M | $3B | $1B |
| 2017 | $313.2M | $29.5M | $124.6M | $2.9B | $994.7M |
| 2016 | $130.7M | $20.8M | $111.9M | $2.6B | $898.2M |
| 2015 | $187.9M | $71.4M | $149.8M | $2.8B | $958.4M |
| 2014 | $130.1M | $16.9M | $84.5M | $2.8B | $958.5M |
| 2013 | $71.2M | $19.8M | $72.3M | $1.1B | $858.4M |
| 2012 | $70.1M | $12.8M | $71.9M | $1B | $797M |
| 2011 | $96.9M | $22.7M | $76.5M | $1.1B | $844.3M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $39.7K |
| $477.6K |
| Matthew Folk | P4l President & CEO And VP Univ Advancement | 40 | $426.1K | $0 | $51K | $477.1K |
| Blair Webb | Director Of Investments | 40 | $326.9K | $0 | $47.5K | $374.4K |
Matthew Folk
P4l President & CEO And VP Univ Advancement
$477.1K
Hrs/Wk
40
Compensation
$426.1K
Related Orgs
$0
Other
$51K
Blair Webb
Director Of Investments
$374.4K
Hrs/Wk
40
Compensation
$326.9K
Related Orgs
$0
Other
$47.5K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Julia Hipps | Director | 1 | $0 | $0 | $0 | $0 |
| Kelvin Pennington | Director | 1 | $0 | $0 | $0 | $0 |
| Lawrence Beck | Director | 1 | $0 | $0 | $0 | $0 |
| Mamoon Hamid | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Klipsch | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Wells | Director | 1 | $0 | $0 | $0 | $0 |
| Scott Niswonger | Director | 1 | $0 | $0 | $0 | $0 |
| William Elmore | Director | 1 | $0 | $0 | $0 | $0 |
| William Sullivan | Director | 1 | $0 | $0 | $0 | $0 |
Emily Liggett
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Gary Lehman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
J Timothy Mcginley
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Julia Hipps
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kelvin Pennington
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lawrence Beck
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mamoon Hamid
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Klipsch
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Wells
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Scott Niswonger
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Elmore
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Sullivan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0