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Employer Identification Number 38-3555142

WAYNE STATE UNIVERSITY FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:WAYNE STATE UNIVERSITY FOUNDATION
Employer identification number (EIN):38-3555142
EIN Issuing AuthorityCincinnati, OH
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationMichigan, MI

Organization Overview

Mission StatementWAYNE STATE UNIVERSITY FOUNDATION WAS ESTABLISHED TO BE A CENTRALIZED MEANS OF ENCOURAGING AND MANAGING FINANCIAL SUPPORT TO WAYNE STATE UNIVERSITY. THIS SUPPORT ALLOWS WAYNE STATE UNIVERSITY TO PROVIDE ITS STUDENTS, FACULTY, AND SCIENTISTS WITH OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE.
Number of Employees0
Number of Volunteers28
Year Formed2000

Organization Governance

Legal DomicileMI
Voting Members - Governing Body32
Voting Members - Independent28

Organization Financials

2024-09-30
Total unrelated business incomeUSD $ -614,407
Net unrelated business incomeUSD $ -486,725
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ -9,341,525
Investment Income from current yearUSD $ 7,708,506
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 177,223,777
Net assets / fund balances at end of fiscal yearUSD $ 596,140,284
Net assets / fund balances at beginning of fiscal yearUSD $ 503,949,340
Total liabilities at end of fiscal yearUSD $ 150,988
Total liabilities at beginning of fiscal yearUSD $ 224,835
Total assets at end of fiscal yearUSD $ 596,291,272
Total assets at beginning of fiscal yearUSD $ 504,174,175
Revenues less expenses for current yearUSD $ -4,673,632
Revenues less expenses for previous yearUSD $ -14,845,337
Total expenses for current yearUSD $ 26,385,001
Total expenses for previous yearUSD $ 24,181,087
Other expenses in current yearUSD $ 6,472,473
Other expenses in previous yearUSD $ 5,434,051
Total fundraising expenses in current yearUSD $ 4,990,288
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 19,912,528
Grants and similar amounts paid in previous yearUSD $ 18,747,036
Total revenue in current fiscal yearUSD $ 21,711,369
Total revenue in previous fiscal yearUSD $ 9,335,750
Contributions and grants from current yearUSD $ 14,002,863
Contributions and grants from previous yearUSD $ 18,677,275
Total of other revenueUSD $ 0
2023-09-30
Total unrelated business incomeUSD $ -185,778
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 114,526,220
Investment Income from current yearUSD $ -9,341,525
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,195,234,225
Net assets / fund balances at end of fiscal yearUSD $ 503,949,340
Net assets / fund balances at beginning of fiscal yearUSD $ 452,697,630
Total liabilities at end of fiscal yearUSD $ 224,835
Total liabilities at beginning of fiscal yearUSD $ 657,567
Total assets at end of fiscal yearUSD $ 504,174,175
Total assets at beginning of fiscal yearUSD $ 453,355,197
Revenues less expenses for current yearUSD $ -14,845,337
Revenues less expenses for previous yearUSD $ 120,237,612
Total expenses for current yearUSD $ 24,181,087
Total expenses for previous yearUSD $ 23,095,067
Other expenses in current yearUSD $ 5,434,051
Other expenses in previous yearUSD $ 5,607,162
Total fundraising expenses in current yearUSD $ 4,653,652
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 18,747,036
Grants and similar amounts paid in previous yearUSD $ 17,487,905
Total revenue in current fiscal yearUSD $ 9,335,750
Total revenue in previous fiscal yearUSD $ 143,332,679
Contributions and grants from current yearUSD $ 18,677,275
Contributions and grants from previous yearUSD $ 28,806,459
2022-09-30
Total unrelated business incomeUSD $ 47,824
Net unrelated business incomeUSD $ 5,656
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 10,145,723
Investment Income from current yearUSD $ 114,526,220
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,402,264,256
Net assets / fund balances at end of fiscal yearUSD $ 452,697,630
Net assets / fund balances at beginning of fiscal yearUSD $ 514,132,105
Total liabilities at end of fiscal yearUSD $ 657,567
Total liabilities at beginning of fiscal yearUSD $ 721,676
Total assets at end of fiscal yearUSD $ 453,355,197
Total assets at beginning of fiscal yearUSD $ 514,853,781
Revenues less expenses for current yearUSD $ 120,237,612
Revenues less expenses for previous yearUSD $ 4,131,120
Total expenses for current yearUSD $ 23,095,067
Total expenses for previous yearUSD $ 19,297,349
Other expenses in current yearUSD $ 5,607,162
Other expenses in previous yearUSD $ 3,292,092
Total fundraising expenses in current yearUSD $ 4,352,030
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 17,487,905
Grants and similar amounts paid in previous yearUSD $ 16,005,257
Total revenue in current fiscal yearUSD $ 143,332,679
Total revenue in previous fiscal yearUSD $ 23,428,469
Contributions and grants from current yearUSD $ 28,806,459
Contributions and grants from previous yearUSD $ 13,282,746
2021-09-30
Total unrelated business incomeUSD $ -9,662
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 11,985,231
Investment Income from current yearUSD $ 10,145,723
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 142,133,851
Net assets / fund balances at end of fiscal yearUSD $ 514,132,105
Net assets / fund balances at beginning of fiscal yearUSD $ 420,645,001
Total liabilities at end of fiscal yearUSD $ 968,193
Total liabilities at beginning of fiscal yearUSD $ 349,305
Total assets at end of fiscal yearUSD $ 515,100,298
Total assets at beginning of fiscal yearUSD $ 420,994,306
Revenues less expenses for current yearUSD $ 4,131,120
Revenues less expenses for previous yearUSD $ 4,313,167
Total expenses for current yearUSD $ 19,297,349
Total expenses for previous yearUSD $ 18,798,342
Other expenses in current yearUSD $ 3,292,092
Other expenses in previous yearUSD $ 3,607,174
Total fundraising expenses in current yearUSD $ 1,774,896
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,005,257
Grants and similar amounts paid in previous yearUSD $ 15,191,168
Total revenue in current fiscal yearUSD $ 23,428,469
Total revenue in previous fiscal yearUSD $ 23,111,509
Contributions and grants from current yearUSD $ 13,282,746
Contributions and grants from previous yearUSD $ 11,126,278
2020-09-30
Total unrelated business incomeUSD $ -37,060
Net unrelated business incomeUSD $ -37,060
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 15,324,348
Investment Income from current yearUSD $ 11,985,231
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 181,923,496
Net assets / fund balances at end of fiscal yearUSD $ 420,645,001
Net assets / fund balances at beginning of fiscal yearUSD $ 399,219,670
Total liabilities at end of fiscal yearUSD $ 349,305
Total liabilities at beginning of fiscal yearUSD $ 590,741
Total assets at end of fiscal yearUSD $ 420,994,306
Total assets at beginning of fiscal yearUSD $ 399,810,411
Revenues less expenses for current yearUSD $ 4,313,167
Revenues less expenses for previous yearUSD $ 14,891,226
Total expenses for current yearUSD $ 18,798,342
Total expenses for previous yearUSD $ 17,947,015
Other expenses in current yearUSD $ 3,607,174
Other expenses in previous yearUSD $ 3,923,044
Total fundraising expenses in current yearUSD $ 1,671,597
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 15,191,168
Grants and similar amounts paid in previous yearUSD $ 14,023,971
Total revenue in current fiscal yearUSD $ 23,111,509
Total revenue in previous fiscal yearUSD $ 32,838,241
Contributions and grants from current yearUSD $ 11,126,278
Contributions and grants from previous yearUSD $ 17,513,893
2019-09-30
Total unrelated business incomeUSD $ 2,290
Net unrelated business incomeUSD $ 332
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 17,026,695
Investment Income from current yearUSD $ 15,324,348
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 325,158,108
Net assets / fund balances at end of fiscal yearUSD $ 399,219,670
Net assets / fund balances at beginning of fiscal yearUSD $ 391,654,354
Total liabilities at end of fiscal yearUSD $ 590,741
Total liabilities at beginning of fiscal yearUSD $ 289,904
Total assets at end of fiscal yearUSD $ 399,810,411
Total assets at beginning of fiscal yearUSD $ 391,944,258
Revenues less expenses for current yearUSD $ 14,891,226
Revenues less expenses for previous yearUSD $ 22,117,641
Total expenses for current yearUSD $ 17,947,015
Total expenses for previous yearUSD $ 17,606,998
Other expenses in current yearUSD $ 3,923,044
Other expenses in previous yearUSD $ 4,697,978
Total fundraising expenses in current yearUSD $ 1,557,359
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 14,023,971
Grants and similar amounts paid in previous yearUSD $ 12,909,020
Total revenue in current fiscal yearUSD $ 32,838,241
Total revenue in previous fiscal yearUSD $ 39,724,639
Contributions and grants from current yearUSD $ 17,513,893
Contributions and grants from previous yearUSD $ 22,697,944
2018-09-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ -407
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 22,915,089
Investment Income from current yearUSD $ 17,026,695
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 137,637,806
Net assets / fund balances at end of fiscal yearUSD $ 391,654,354
Net assets / fund balances at beginning of fiscal yearUSD $ 362,349,500
Total liabilities at end of fiscal yearUSD $ 289,904
Total liabilities at beginning of fiscal yearUSD $ 555,390
Total assets at end of fiscal yearUSD $ 391,944,258
Total assets at beginning of fiscal yearUSD $ 362,904,890
Revenues less expenses for current yearUSD $ 22,117,641
Revenues less expenses for previous yearUSD $ 25,569,946
Total expenses for current yearUSD $ 17,606,998
Total expenses for previous yearUSD $ 16,272,443
Other expenses in current yearUSD $ 4,697,978
Other expenses in previous yearUSD $ 3,627,347
Total fundraising expenses in current yearUSD $ 1,426,573
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 12,909,020
Grants and similar amounts paid in previous yearUSD $ 12,645,096
Total revenue in current fiscal yearUSD $ 39,724,639
Total revenue in previous fiscal yearUSD $ 41,842,389
Contributions and grants from current yearUSD $ 22,697,944
Contributions and grants from previous yearUSD $ 18,927,300
2017-09-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 29,698,899
Investment Income from current yearUSD $ 22,915,089
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 642,641,151
Net assets / fund balances at end of fiscal yearUSD $ 362,349,500
Net assets / fund balances at beginning of fiscal yearUSD $ 322,067,271
Total liabilities at end of fiscal yearUSD $ 555,390
Total liabilities at beginning of fiscal yearUSD $ 222,777
Total assets at end of fiscal yearUSD $ 362,904,890
Total assets at beginning of fiscal yearUSD $ 322,290,048
Revenues less expenses for current yearUSD $ 25,569,946
Revenues less expenses for previous yearUSD $ 34,642,609
Total expenses for current yearUSD $ 16,272,443
Total expenses for previous yearUSD $ 11,678,382
Other expenses in current yearUSD $ 3,627,347
Other expenses in previous yearUSD $ 2,430,689
Total fundraising expenses in current yearUSD $ 1,394,932
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 12,645,096
Grants and similar amounts paid in previous yearUSD $ 9,247,693
Total revenue in current fiscal yearUSD $ 41,842,389
Total revenue in previous fiscal yearUSD $ 46,320,991
Contributions and grants from current yearUSD $ 18,927,300
Contributions and grants from previous yearUSD $ 16,622,092

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 383555142

USA Mailing Address
5700 CASS AVENUE AAB NO 4900
DETROIT
MI
48202
Date first seen: 2007-01-01
Date last seen: 2025-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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