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Filing year 2024

The Penn State Research Foundation

University Park, Pennsylvania·EIN 25-1359185·NTEE B99 · Education·3
Total revenue
$7.2M
Total assets
$8.3M
Total expenses
$5.8M
Reported officers
21
Mission

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.

Executive compensation

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Assistant Secretary
secretary (operational)
$80k
$86k
Director
board member
$60k
$65k
Former President
former officer/director/trustee
$59k
$64k
Treasurer Term 42025
officer (unspecified)
$53k
$57k
Acting Treasurer Eff 052025
$49k
$53k
$45k
$49k
Vice President
vice president
$44k
$47k
Assistant Secretary
secretary (operational)
$37k
$40k
Director
board member
$34k
$37k
Director
board member
$33k
$36k
Secretary
officer (unspecified)
$22k
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Education

Up 41%
from 2023

From $57k in 2023 to $80k in 2024.

$57k
2023
$80k
2024
In today's dollarsEst.
Up 36% in real terms$63k to $86k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

The Penn State Research Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.7M
$5.6M
2023
$7.2M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Pennsylvania

Comparable education organizations in Pennsylvania pay their highest-earning executive a median of $117,782.

25th percentile
$35k
Median
$117,782
75th percentile
$243k
90th percentile
$419k

These are education sector-wide figures, not this organization's reported pay. Based on 577 organizations across 577 filings (2022 – 2023).

See full Education pay data for Pennsylvania
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