Public Charity

WAYNE STATE UNIVERSITY FOUNDATION

WAYNE STATE UNIVERSITY FOUNDATION, of DETROIT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $27.9M in revenue, $26.7M in expenses, $657.7M in total assets. 94 publicly reported grants to this organization, totaling roughly $6.0M, appear in IRS filings.

EIN: 383555142 DETROIT, MI Universities NTEE: B43 Latest filing: 2025
Total Revenue$27.9M
Total Expenses$26.7M
Total Assets$657.7M
Grant Records94
Funding Total$6.0M
Filing Years2021–2025

Mission

WAYNE 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.

Where $100 goes at Wayne State University Foundation

How Wayne State University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$8 Management running the organization
$14 Fundraising raising the next dollar

Inside the $78 for programs

$78
To provide financial support for the operations and objectives of wayne state university
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ASSISTANT VP TREASURY Alana Askew
DIRECTOR Angelo Vitale
SR VP, CFO & TREASURER Bethany Gielczyk
DIRECTOR/FOUNDATION PRESIDENT David Ripple
DIRECTOR Denise J Lewis
DIRECTOR Elizabeth Goldsberry

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,270,820 38 grants
Research & Policy
$1,869,978 22 grants
Education
$947,150 22 grants
Human & Social Services
$55,000 1 grant
Health & Medicine
$54,547 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $27.9M $26.7M $657.7M
2024 $21.7M $26.4M $596.3M
2023 $9.3M $24.2M $504.2M
2022 $143.3M $23.1M $453.4M
2021 $23.4M $19.3M $515.1M

Between 2021 and 2025, reported annual revenue grew from $23.4M to $27.9M (+19%), with total assets most recently reported at $657.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WAYNE STATE UNIVERSITY FOUNDATION

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