Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1961.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
78 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
21 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Manages donations to fund university learning and discovery opportunities.
Questions for Wayne State University Foundation
Your first name shows with your question. Wayne State University Foundation answers here, for everyone.
To provide financial support for the operations and objectives of wayne state university.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 38-3555142) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| End of yearLn 1g | $657.5M | $596.1M | $503.9M | $452.7M | $514.1M |
| AddedLn 1b | $16.3M | $14.0M | $18.7M | $28.8M | $13.3M |
| SpentLn 1d–1f | $26.7M | $26.4M | $24.2M | $23.1M | $19.3M |
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $0 | $0 |
| InvestmentsLn 11–13 | $595.8M | $657.6M |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $596.3M | $657.7M |
| LiabilitiesLn 26 | $151K | $177K |
| Net assetsLn 32 | $596.1M | $657.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $20.8M | $20.8M | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Investment management feesLn 11f | $717K | $717K | ||
| Other fees for servicesLn 11g | $0 | $0 | $0 | $0 |
| Other expenses (24a–d)Ln 24 | $5.2M | $5.2M | ||
| All other expensesLn 24e | $0 | $0 | $0 | $0 |
| Total functional expensesLn 25 | $26.7M | $20.8M | $717K | $5.2M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 4, 2026 | $27.9M | $26.7M | $1.2M | $657.5M | 990 PDF |
| FY2024Filed with the IRS Aug 8, 2025 | $21.7M | $26.4M | −$4.7M | $596.1M | 990 PDF |
| FY2023Filed with the IRS Aug 13, 2024 | $9.3M | $24.2M | −$14.8M | $503.9M | 990 PDF |
| FY2022Filed with the IRS Aug 4, 2023 | $143.3M | $23.1M | $120.2M | $452.7M | 990 PDF |
| FY2021Filed with the IRS Aug 8, 2022 | $23.4M | $19.3M | $4.1M | $514.1M | 990 PDF |
| FY2020Filed with the IRS Aug 5, 2021 | $23.1M | $18.8M | $4.3M | $420.6M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $27,859,948 revenue, 12 lines filed
Part VI · Governance 11 of 14 board members independent, 1 to look at
Part VIII · Statement of revenue $27,859,948 across 5 lines filed
Part IX · Statement of functional expenses $26,688,438 across 6 lines filed
Part X · Balance sheet $657,703,718 assets, 18 lines filed
Part XI · Reconciliation of net assets $657,526,893 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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