Nonprofit · EIN 26-4549935
GALIEN FOUNDATION INC
Tax-exempt · NEW YORK, NY 10004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,258,698 | $3,985,069 | $273,629 | $4,227,997 | $754,056 | $3,473,941 |
| December 31, 2024 | 990 | $3,445,050 | $3,218,996 | $226,054 | $3,663,975 | $463,663 | $3,200,312 |
| December 31, 2023 | 990 | $2,579,155 | $2,373,738 | $205,417 | $4,006,195 | $833,010 | $3,173,185 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,001,273
- Program service revenue
- $0
- Investment income
- $93,491
- Royalties
- $163,934
- Other revenue
- $163,934
Expenses
- Grants and similar amounts paid
- $194,430
- Compensation of officers, directors and key employees
- $249,470
- Salaries, compensation and benefits (total)
- $301,267
- Professional fundraising fees
- $0
- Legal fees
- $32,793
- Accounting fees
- $33,539
- Travel
- $292,408
- Depreciation
- $118,927
- Program services (functional)
- $3,382,511
- Management and general (functional)
- $296,558
- Fundraising (functional)
- $306,000
Balance sheet and other
- Total assets, start of year
- $3,663,975
- Total assets, end of year
- $4,227,997
- Total liabilities, end of year
- $754,056
- Net assets, end of year
- $3,473,941
- Gross receipts
- $4,258,698
- Employees
- 1
- Volunteers
- 3
- Year formed
- 2009
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cohen Bruno | President Trustee or director, Officer | 40 | $343,915 |
| Schaison Philippe | Director Trustee or director | 5 | $0 |
| Scherl Zev | Director Trustee or director | 5 | $0 |
| Mohr John | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cohen Bruno | President Trustee or director, Officer | 40 | $394,246 |
| Schaison Philippe | Director Trustee or director | 5 | $0 |
| Scherl Zev | Director Trustee or director | 5 | $0 |
| Mohr John | Director Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cohen Bruno | President Trustee or director, Officer | 40 | $267,729 |
| Schaison Philippe | Director Trustee or director | 5 | $0 |
| Scherl Zev | Director Trustee or director | 5 | $0 |
| Mohr John | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 60 BROAD STREET, NEW YORK, NY 10004-2306
- In care of
- % KVB PARTNERS
- Principal officer (990 for 2025)
- Bruno Cohen, 99 John Street Suite 2502, New York, NY 10038
- Signed the 990
- Bruno Cohen, President
- Phone
- (212) 685-1593
- Website
- www.prix-galien-usa.com
- Return prepared by
- Ward Scheiderman CPA
Mission
Recognize technical, scientific and clinical research skills necessary to develop innovative medicines and devices. The Galien Foundation is considered the biomedical industrys highest accolade.
Program accomplishments
- Recognition of technical, scientific and research skills to create innovative medicines and devices. The award is considered the equivalent of the Nobel Prize.Expenses $3,382,511
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4549935
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H19)
- Assets (IRS master file)
- $4,227,997
- Income (IRS master file)
- $4,258,698
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,258,698 | $3,985,069 | $4,227,997 | XML |
| 990 | December 2024 | $3,445,050 | $3,218,996 | $3,663,975 | XML |
| 990 | December 2023 | $2,579,155 | $2,373,738 | $4,006,195 | XML |
| 990 | December 2022 | $3,051,061 | $2,830,572 | $3,804,930 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4549935).
Questions about GALIEN FOUNDATION INC
- What is the EIN of GALIEN FOUNDATION INC?
- The employer identification number (EIN) of GALIEN FOUNDATION INC is 26-4549935.
- Is GALIEN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to GALIEN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GALIEN FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GALIEN FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GALIEN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GALIEN FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Bruno Cohen.
- Who are the officers and directors of GALIEN FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $343,915 (Cohen Bruno, President).
- How much revenue does GALIEN FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,258,698, expenses of $3,985,069 and total assets of $4,227,997 at year end.
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