Skip to content
Nonprofiteer
← MICHIGAN STATE UNIVERSITY FOUNDATION

Form 990 for tax year 2024

Filed by MICHIGAN STATE UNIVERSITY FOUNDATION.

Totals

Total revenue
-$960,216
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$10,000
Investment income
$8,278
Other revenue
-$978,494
Total assets, end of year
$10,102,787
Total liabilities, end of year
$12,572,240
Net assets or fund balances, end of year
-$2,469,453
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Listed in Part VII

  • DAVID WASHBURN

    PRESIDENT

    Total calculated
    $598,569
    From this org
    $0
    From related orgs
    $463,297
    Other
    $135,272
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,808 related
    Bonus
    $0 + $86,725 related
    Other
    $0 + $1,764 related
    Deferred
    $37,425 + $37,425 related
    Nontaxable benefits
    $30,211 + $30,211 related
    Filer's total
    $67,636 + $530,933 related

  • RANDOLPH COWEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2 + 2 related

  • SCOTT ESTON

    BOARD MEMBER (THRU 12/24)

    Total calculated
    $0
    Hours/week
    0.2 + 2 related

  • JOHN PHILLIPS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2 + 2 related

  • BRUCE LEECH

    BOARD MEMBER (AS OF 12/24)

    Total calculated
    $0
    Hours/week
    0.2 + 2 related

  • REBEKAH SKRZYNIARZ

    DIRECTOR OF FINANCE

    Total calculated
    $278,815
    From this org
    $0
    From related orgs
    $196,517
    Other
    $82,298
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $171,870 related
    Bonus
    $0 + $23,460 related
    Other
    $0 + $1,187 related
    Deferred
    $17,820 + $17,820 related
    Nontaxable benefits
    $23,329 + $23,329 related
    Filer's total
    $41,149 + $237,666 related

  • JEFF SMITH

    DIRECTOR OF UCRP

    Total calculated
    $227,850
    From this org
    $185,831
    From related orgs
    $0
    Other
    $42,019
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,563
    Bonus
    $24,000
    Other
    $1,268
    Deferred
    $16,313
    Nontaxable benefits
    $25,706
    Filer's total
    $227,850

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 3:
METHODS USED TO ESTABLISH COMPENSATION OF PRESIDENT: TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S PRESIDENT, THE RELATED ORGANIZATION UTILIZES THE FOLLOWING: EXECUTIVE COMMITTEE, COMPARABILITY DATA, AN OUTSIDE COMPENSATION CONSULTING FIRM, AND APPROVAL BY THE BOARD OR EXECUTIVE COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2026
IRS schema version
2024v5.5
Source object
202601329349305570

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.