Nonprofit · EIN 38-2418381
MICHIGAN STATE UNIVERSITY FOUNDATION
Also known as MICHIGAN BIOTECHNOLOGY INSTITUTE
Tax-exempt · EAST LANSING, MI 48823
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | -$116,776 | $79,703 | -$196,479 | $429,855 | $41 | $429,814 |
| June 30, 2023 | 990 | $2,936 | $94,778 | -$91,842 | $626,700 | $407 | $626,293 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- -$153,313
- Royalties
- $36,537
- Net gain from sales of assets
- -$153,313
- Other revenue
- $36,537
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $78,052
- Program services (functional)
- $79,120
- Management and general (functional)
- $583
Balance sheet and other
- Total assets, start of year
- $626,700
- Total assets, end of year
- $429,855
- Total liabilities, end of year
- $41
- Net assets, end of year
- $429,814
- Net assets without donor restrictions
- $429,814
- Gross receipts
- $36,537
- Employees
- 0
- Volunteers
- 1
- Year formed
- 1981
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID WASHBURN | PRESIDENT & CHAIR Trustee or director, Officer | 1 | $0 | $456,997 | $64,199 |
| REBEKAH SKRZYNIARZ | DIRECTOR OF FINANCE Trustee or director, Officer | 1 | $0 | $173,118 | $38,668 |
| ALLEN JULIAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID WASHBURN | PRESIDENT & CHAIR Trustee or director, Officer | 1 | $0 | $390,197 | $58,630 |
| REBEKAH SKRZYNIARZ | DIR. OF FINANCE & TREASURER Trustee or director, Officer | 1 | $0 | $159,456 | $34,969 |
| ALLEN JULIAN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 325 E GRAND RIVER AVE STE 200, EAST LANSING, MI 48823-4376
- Mailing address (990-N for 2024)
- 325 E Grand River Ave Ste 200, East Lansing MI 48823
- Principal officer (990 for 2023)
- DAVID WASHBURN, 325 E GRAND RIVER AVE 275, EAST LANSING, MI 48823
- Principal officer (990-N for 2024)
- David Washburn, 325 E Grand River Ave Ste 200, East Lansing MI 48823
- Signed the 990
- DAVID WASHBURN, PRESIDENT
- Phone
- (517) 353-9268
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
BRIDGING THE GAP BETWEEN EARLY-STAGE INNOVATION AND COMMERCIAL APPLICATION. PARTNERING TO DE-RISK, DEVELOP AND SCALE-UP DISCOVERIES INTO COMMERCIALLY-VIABLE TECHNOLOGY PACKAGES.
Program accomplishments
- RESEARCH AND DEVELOPMENT - PRIVATE, NOT-FOR-PROFIT TECHNOLOGY DEVELOPMENT AND COMMERCIALIZATION CORPORATION ORGANIZED TO MEET AGRICULTURAL, INDUSTRIAL, AND ENVIRONMENTAL MARKET NEEDS BY DEVELOPING AND SCALING UP COMMERCIALLY PROMISING TECHNOLOGIES. MBI'S MISSION IS TO CREATE MEANINGFUL SOCIETAL BENEFITS BY COLLABORATING WITH UNIVERSITIES, GOVERNMENTS, FOUNDATIONS AND COMPANIES TO ACCELERATE THE COMMERCIALIZATION OF BIOBASED TECHNOLOGIES.Expenses $79,120
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2418381
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B43I)
- Group exemption
- 5167: MICHIGAN STATE UNIVERSITY FOUNDATION
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: David Washburn | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2024 | -$116,776 | $79,703 | $429,855 | IRS |
| 990 | June 2023 | $2,936 | $94,778 | $626,700 | XML |
| 990 | June 2022 | $47,911 | $99,126 | $718,619 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2418381).
Questions about MICHIGAN STATE UNIVERSITY FOUNDATION
- What is the EIN of MICHIGAN STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of MICHIGAN STATE UNIVERSITY FOUNDATION is 38-2418381.
- Is MICHIGAN STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Which annual return does MICHIGAN STATE UNIVERSITY FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MICHIGAN STATE UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHIGAN STATE UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of MICHIGAN STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2024 names DAVID WASHBURN.
- Who are the officers and directors of MICHIGAN STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MICHIGAN STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2024 it reported revenue of -$116,776, expenses of $79,703 and total assets of $429,855 at year end.
Other nonprofits in EAST LANSING
- MICHIGAN STATE UNIVERSITY FOUNDATION EIN 23-7326030 · last filed 990 for 2025
- MICHIGAN HIGH SCHOOL ATHLETIC ASSN INC EIN 38-1603100 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF COLLEGE & UNIVERSITY FOOD SERVICE EIN 38-2681062 · last filed 990 for 2024
- ACADEMY OF INTERNATIONAL BUSINESS EIN 30-0876454 · last filed 990 for 2024
- STATE NEWS EIN 38-1966279 · last filed 990 for 2025
- MICHIGAN HEAD START ASSOCIATION EIN 38-3041872 · last filed 990 for 2025
- NATIONAL REGISTRY OF EXONERATIONS FOUNDATION EIN 86-2065065 · last filed 990 for 2025
- H-NET HUMANITIES & SOCIAL SCIENCES ONLINE EIN 13-4252117 · last filed 990 for 2025