Purdue Research Foundation
Purdue Research Foundation
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About this organization
About
Funds were provided to Purdue University for research grants, international travel grants, and distinguished professor grants to further its education and research missions. Funding via scholarships, awards, development, and royalties was also provided to supplement Purdue University. Lastly, rental income was collected from tenants located within the Purdue Research Park as well as residential units on the Purdue University campus and surrounding areas. Purdue Research Park is the home of state-of-the-art technology business incubators that have a working relationship with Purdue University to provide students with learning and research opportunities.
Interesting data from their 2019 990 filing
The mission of the non-profit, as stated in the filing, is “The primary mission of purdue research foundation is to advance the mission of purdue university.”.
When referring to its tasks, they were described as: “The primary mission of purdue research foundation is to advance the mission of purdue university.”.
- The non-profit is operating legally in the state of IN.
- The non-profit's address for the year 2019 is listed as 1281 Win Hentschel Blvd, West Lafayette, IN, 479064182 in the filing.
- The form submitted by the non-profit organization for 2019 reports 416 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $61,593,830.
- The CEO compensation package within the organization is established through a review and approval process by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 15 independent voting members.
- The organization was formed in 1930.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $32,610,732 in salary, compensation, and benefits to its employees.
- The organization pays $25,743,906 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related organization transaction.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.