The Penn State Research Foundation
Data sourced from IRS 990 public filings
The Penn State Research Foundation 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.
The Penn State Research Foundation has received 60 grants from 34 known foundation funders. Revenue increased from $5,655,375 in 2023 to $7,203,435 in 2024. Most recent reported revenue: $7,203,435.
Annual Revenue
$7,203,435
Known Funders
34
Grants Received
60
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $7,203,435 | $5,759,620 | $8,267,382 |
| 2023 | $5,655,375 | $5,598,652 | $8,770,133 |
| 2022 | $5,169,616 | $4,810,955 | $8,344,737 |
| 2021 | $8,076,994 | $6,618,077 | $6,671,003 |
| 2020 | $4,837,721 | $4,420,480 | $4,991,979 |
Top Funders
BUFFALO, NY
FALLS CHURCH, VA
PITTSBURGH, PA
PITTSBURGH, PA
PITTSBURGH, PA
SCRANTON, PA
PITTSBURGH, PA
PITTSBURGH, PA
KING OF PRUSSIA, PA
HOUSTON, TX
Showing top 10 of 34 funders.
Key Personnel
From 2024 IRS 990 filing
C Daniel Azzara
Director
Gregory Lewis
Director
Tracy Claar
Assistant Secretary
Neelima Bendapudi
Director
Lora Weiss
Former President
Andrew Read
President
Virginia A Teachey
Treasurer Term 42025
Bin Yan
Vice President
Lee Wagner
Acting Treasurer Eff 052025
James Delattre
Secretary
Showing 10 of 21 key personnel.
Frequently Asked Questions
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