Wayne State University Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$596.3M
+18.3% YoY
Annual Giving
—
-100.0% YoY
Grant Count
0
-100.0% YoY
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $596,291,272 | $504,174,175 | $453,355,197 |
| Revenue | $21,711,369 | $9,335,750 | $143,332,679 |
| Expenses | $26,385,001 | $24,181,087 | $23,095,067 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,708,506 | $-9,341,525 | $114,526,220 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Wayne State University Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Ripple | DIRECTOR/FOUNDATION PRESIDENT | 15 | — |
| James A Anderson | CHAIR | 1 | — |
| Kimberly Andrews Espy | DIRECTOR/UNIVERSITY PRESIDENT | 2 | — |
| Angelo Vitale | DIRECTOR | 1 | — |
| Bryan C Barnhill III | DIRECTOR | 1 | — |
| Denise J Lewis | DIRECTOR | 1 | — |
| Elizabeth Goldsberry | DIRECTOR | 1 | — |
| Kolleen T Kennedy | DIRECTOR | 1 | — |
| Linda Beale | Director/WSU Law Professor & President of Academic Senate | 1 | — |
| Marilyn Kelly | DIRECTOR | 1 | — |
| Matthew J Simoncini | DIRECTOR | 1 | — |
| QUINCY ALLEN | DIRECTOR | 1 | — |
| Sean Werdlow | DIRECTOR | 1 | — |
| Susan Telang | DIRECTOR | 1 | — |
| Terri Lynn Land | DIRECTOR | 1 | — |
| Tosha Padgett Brown | DIRECTOR/PRESIDENT WSU ALUMNI ASSOCIATION | 1 | — |
| Alana Askew | ASST VP TREASURY | 5 | — |
| Bethany Gielczyk | SR VP, CFO & TREASURER | 1 | — |
| David Massaron | SR VP, CFO & TREASURER (PART YEAR) | 1 | — |
| Neco T Walker | SECRETARY | 15 | — |
| M Roy Wilson MD MS | UNIVERSITY PRESIDENT (FORMER) | 2 | — |
| ROBERT REAVES | DIRECTOR (FORMER) | 1 | — |
| Susan E Burns | PRESIDENT (FORMER) | 15 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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