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Filing year 2023

Purdue Research Foundation

West Lafayette, Indiana·EIN 35-1052049·NTEE B110 · Education·501(c)(3)
Total revenue
$322.8M
Total assets
$4.7B
Total expenses
$335.6M
Reported officers
29
Mission

The primary mission of Purdue Research Foundation is to advance the mission of Purdue University.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.

Ceo, Krach Institute for Tech Diplomacy at Purdue
Above 90th percentile
$586k
$647k
Base
$392k
Bonus
$141k
Other
$486
Benefits
$19k
P4l President & CEO and VP Univ Advancement
Above 90th percentile
$546k
$603k
Base
$340k
Bonus
$153k
Other
Benefits
$19k
Chief Investment Officer
Highest Compensated Employee
Above 90th percentile
$524k
$579k
Base
$347k
Bonus
$129k
Other
$1k
Benefits
$13k
CFO & Treasurer
Above 90th percentile
$419k
$462k
Base
$367k
Bonus
Other
$7k
Benefits
$11k
President
Above 90th percentile
$411k
$454k
Base
$362k
Bonus
Other
$4k
Benefits
$12k
Sr. Vp, Commercialization
Vice President
Above 90th percentilevs Education peers nationwide
$385k
$426k
Base
$303k
Bonus
$10k
Other
$457
Benefits
$25k
Chief Innovation and Collaboration Officer
Highest Compensated Employee
Above 90th percentile
$376k
$415k
Base
$288k
Bonus
$46k
Other
$120
Benefits
$14k
Sr. Vp, Alliances & Placemaking
Vice President
Above 90th percentilevs Education peers nationwide
$369k
$408k
Base
$302k
Bonus
Other
$2k
Benefits
$18k
Director of Investments
Highest Compensated Employee
75th to 90th percentile
$358k
$396k
Base
$249k
Bonus
$61k
Other
$326
Benefits
$22k
Assistant Secretary
Secretary (Operational)
75th to 90th percentilevs Education peers nationwide
$220k
$243k
Base
$176k
Bonus
Other
$254
Benefits
$25k
Assistant Treasurer
75th to 90th percentile
$196k
$217k
Base
$162k
Bonus
Other
$1k
Benefits
$16k
Secretary
Secretary (Operational)
Median to 75th percentilevs Education peers nationwide
$117k
$130k

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 17 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Purdue Research Foundation equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $575k in 2022 to $586k in 2023.

$575k
2022
$586k
2023
In today's dollarsEst.
Down 2% in real terms$659k to $647k

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.

Pay for the position

Chief Executive Officer pay rose 23% from 2022 to 2023, while revenue rose 91%.

$477k in 2022 to $586k in 2023.
  • Highest Compensated Employee pay fell 9% from 2022 to 2023.
  • Chief Financial Officer pay rose 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Purdue Research Foundation

What does the Chief Executive Officer of Purdue Research Foundation earn?

In 2023, the Chief Executive Officer of Purdue Research Foundation received $585,849 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Purdue Research Foundation compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2023 pay of the Chief Executive Officer at Purdue Research Foundation falls in the top 10%. In 2023, the highest total compensation at Purdue Research Foundation equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are Purdue Research Foundation's revenue and expenses?

In 2023, Purdue Research Foundation reported $322.8M in total revenue and $335.6M in total expenses on its IRS Form 990.

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