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· Public charity

Michigan State University Research Foundation

To provide support for the board of trustees of michigan state university and to promote, sponsor, assist, and carry out educational, scientific, charitable and related activities and objectives of michigan state university.

$13M
Granted FY2025still arriving
23
Grants FY2025still arriving
2
States reached
$12M
Largest
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$142MHealth$784kCommunity Improvement$702kScience & Tech$194kArts & Culture$21kOther$0
02FY2025 · 23 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k2 grants · $18k
  • $10k–50k19 grants · $459k
  • $50k–250k1 grant · $53k
  • $250k+1 grant · $12M
$18,420
Median grant
2
States reached
$656M
Total assets
Largest grants
RecipientAmount
MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES$12,162,542
THE OHIO STATE UNIVERSITY$53,368
REEL FREE LLC$49,620
VETR HEALTH LLC$44,239
CARBON STEALTH DESIGN LLC$42,000
RIDE YOURWAY$40,278
HEALTHBAR$34,786
MOVEFACTORX$31,856
SHARP & FLAT INC$25,000
WIMAGE$22,500
BLUTAPP DBA BLULATERAL$19,570
TRUELINE HEALTH$18,420
PHOTONICARE$18,170
EVERFRIENDSAI$16,579
FIELDMAN$16,125
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 16%, against an area that typically sits at 12%. 99% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%WISCKAR LLC: $15k → 8%OVERPOWER: $34k → 9%MESA ENTERPRISES: $15k → 9%CROSS EQUIPMENT LLC: $50k → 10%SHARP & FLAT INC: $25k → 10%FIELDMAN: $16k → 15%MOTION GRAZER AI: $47k → 16%QUANTITATIVE COIN GRADING: $17k → 20%GRIP MEDICAL PROPERTIES I LLC: $400k → 21%THE OHIO STATE UNIVERSITY: $53k → 15%BOOKSCORE LLC: $23k → 10%MICHIGAN STATE UNIVERSITY: $34.8M → 16%SMART BRIDGE MEDICAL: $71k → 21%TRUELINE HEALTH: $18k → 11%MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES: $17.6M → 16%ELITE CARE TECHNOLOGIES: $17k → 11%MICHIGAN STATE UNIVESRSITY BOARD OF TRUSTEES: $14.8M → 16%ELITE CARE TECHNOLOGIES: $15k → 11%MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES: $14.3M → 16%CARBON STEALTH DESIGN LLC: $42k → 11%MICHIGAN STATE UNIVERSITY: $12.9M → 16%MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES: $12.2M → 16%EVERFRIENDSAI: $17k → 11%MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES: $12.2M → 16%MICHIGAN STATE UNIVERSITY: $11.5M → 16%RIDE YOURWAY: $40k → 11%MICHIGAN STATE UNIVERSITY BOARD OF TRUSTEES: $11.4M → 16%REEL FREE LLC: $50k → 11%SBE MEDICAL: $15k → 11%RIDE YOURWAY: $45k → 11%VETR HEALTH LLC: $44k → 11%VETR HEALTH LLC: $35k → 11%MOVEFACTORX: $35k → 11%HEALTHBAR: $35k → 11%MOVEFACTORX: $32k → 11%CURACOLLABORATIVE LLC: $31k → 11%HEALTHBAR: $26k → 11%CAVGENE THERAPEUTICS INC: $24k → 11%WIMAGE: $23k → 11%FARMISH: $22k → 11%MFGPARTS: $21k → 11%BLUTAPP DBA BLULATERAL: $20k → 11%PHOTONICARE: $18k → 11%PREEMIER: $18k → 11%EMERGENCY MEDICINE INNOVATIONS: $17k → 11%JUSTAIR SOLUTIONS: $15k → 11%SIMPLE ESTIMATE LLC: $15k → 11%REEL FREE LLC: $15k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

99%of every dollar goes to organizations it has funded before.
$142M · 16 repeat orgs$1.1M to everyone else

16 repeat relationships: 13 still active in FY2025, 3 since wound down; 10 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

16
23

Total granted

$142M
$841k

Still filing today

0%
0%

New vs renewed · share of each year

In FY2025, 98% of grant dollars renewed an existing relationship; $214k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • MS
    MICHIGAN STATE UNIVERSITY
    9× · 2017–2025 · $142M
  • VH
    VETR HEALTH LLC
    3× · 2023–2025 · $93k
  • RY
    RIDE YOURWAY
    2× · 2024–2025 · $85k

Funded once

  • GM
    GRIP MEDICAL PROPERTIES I LLC
    one grant, 2023 · $400k
  • SB
    SMART BRIDGE MEDICAL
    one grant, 2023 · $71k
  • CE
    CROSS EQUIPMENT LLC
    one grant, 2024 · $50k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

0 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 0 of the 49 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
0/0
Grantees still filing
0/0
Grew since first funded

Where the money sits, by cause and then by grantee

MICHIGAN STATE UNIVERSITY: $141,680,519 · OtherMICHIGAN STATE UNIVERSITY+48 more: $1,768,064 · Other
Other$143,448,583

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%grantee revenue →↑ funder's share of their budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 49 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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