TO PROVIDE SUPPORT FOR THE BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY AND TO PROMOTE, SPONSOR, ASSIST, AND CARRY OUT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND RELATED ACTIVITIES AND OBJECTIVES OF MICHIGAN STATE UNIVERSITY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.
- Base
- $354k
- Bonus
- $102k
- Other
- $593
- Benefits
- $30k
- Base
- $290k
- Bonus
- $43k
- Other
- $593
- Benefits
- $27k
- Base
- $143k
- Bonus
- $29k
- Other
- $325
- Benefits
- $24k
- Base
- $152k
- Bonus
- $23k
- Other
- $325
- Benefits
- $17k
- Base
- $131k
- Bonus
- $20k
- Other
- $325
- Benefits
- $31k
- Base
- $133k
- Bonus
- $20k
- Other
- $374
- Benefits
- $20k
- Base
- $138k
- Bonus
- —
- Other
- $325
- Benefits
- $5k
- Base
- $126k
- Bonus
- $19k
- Other
- $325
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Ceo/executive Director Officer (Unspecified) | $354k | $102k | $593 | $30k | $521k $576k |
Executive Director, Ventures Above 90th percentile | $290k | $43k | $593 | $27k | $394k $435k |
Director of Finance 75th to 90th percentile | $143k | $29k | $325 | $24k | $212k $234k |
Dir. of Red Cedar Vent. (thru 01/24) Highest Compensated Employee 75th to 90th percentile | $152k | $23k | $325 | $17k | $208k $229k |
Director of Venture Creation Highest Compensated Employee 75th to 90th percentile | $131k | $20k | $325 | $31k | $196k $217k |
Director of Venture Creation Highest Compensated Employee Median to 75th percentile | $133k | $20k | $374 | $20k | $187k $207k |
Venture Asociate Highest Compensated Employee Median to 75th percentile | $138k | — | $325 | $5k | $158k $174k |
Dir. of Health Innov. Highest Compensated Employee Median to 75th percentile | $126k | $19k | $325 | — | $157k $174k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 26 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 16%
from 2022
From $449k in 2022 to $521k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 12% from 2022 to 2023, while revenue fell 11%.
- Chief Financial Officer pay rose 9% from 2022 to 2023.
- Highest Compensated Employee pay rose 8% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION
What does the Chief Executive Officer of MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION earn?
In 2023, the Chief Executive Officer of MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION received $393,816 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION falls in the top 10%. In 2023, the highest total compensation at MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION's revenue and expenses?
In 2023, MICHIGAN STATE UNIVERSITY RESEARCH FOUNDATION reported $31.7M in total revenue and $25.8M in total expenses on its IRS Form 990.
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