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Nonprofit · EIN 52-1986675

FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC

Tax-exempt · ROCKVILLE, MD 20852

Financials

$61M$69.6M2023$78.5M$76.8M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$78,507,209$76,818,918$1,688,291$214,056,526$15,192,964$198,863,562
December 31, 2023990$60,965,788$69,644,743-$8,678,955$206,113,368$12,576,790$193,536,578
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$71,750,648
of which government grants
$1,250,000
Program service revenue
$50,000
Investment income
$6,516,337
Net gain from sales of assets
$1,510,875
Net income from fundraising events
$190,224
Other revenue
$190,224

Expenses

Grants and similar amounts paid
$22,714,461
Compensation of officers, directors and key employees
$3,014,812
Other salaries and wages
$12,431,054
Salaries, compensation and benefits (total)
$19,849,946
Professional fundraising fees
$0
Legal fees
$266,563
Accounting fees
$125,628
Occupancy
$737,279
Travel
$3,110,676
Depreciation
$233,505
Program services (functional)
$65,842,263
Management and general (functional)
$10,753,401
Fundraising (functional)
$223,254

Balance sheet and other

Total assets, start of year
$206,113,368
Total assets, end of year
$214,056,526
Total liabilities, end of year
$15,192,964
Net assets, end of year
$198,863,562
Land, buildings and equipment
$1,359,455
Publicly traded securities
$120,117,237
Net assets without donor restrictions
$38,503,375
Net assets with donor restrictions
$160,360,187
Gross receipts
$432,563,566
Employees
122
Volunteers
21
Year formed
1996
State of legal domicile
MD

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Dr Julie L GerberdingChief Executive Officer
Trustee or director, Officer
40$640,273$49,562
David CarmelSenior Vice President, Chief Growth and Innovation Officer
Key employee
40$451,716$49,562
Joseph MenetskiSenior Vice President, Chief Translational Science Officer
Key employee
40$388,734$46,512
Michael SantosSenior Vice President, Chief Population Health Science Officer
Key employee
40$392,350$36,416
Donald HillSenior Vice President, Chief Financial Officer
Key employee
40$336,184$49,267
Kevin KlockSenior Vice President, Chief Operating Officer and General Counsel
Key employee
40$321,510$45,977
Stacey AdamVice President, Science Partnerships
Highest-paid employee
40$281,317$31,193
Steven HoffmannVice President, Science Partnerships
Highest-paid employee
40$264,766$40,305
Courtney SilverthornVice President, Strategic Alliances and Innovation
Highest-paid employee
40$261,804$29,966
Eva CoyneVice President -Controller
Highest-paid employee
40$245,164$38,777
Catherine MasterVice President, Deputy General Counsel
Highest-paid employee
40$238,984$41,018
Love CollinsVice President, Advancement
Key employee
40$182,550$24,199
Charles A Reinhart IIIBoard Member
Trustee or director
2$0$0
Dr Charles A SandersBoard Member
Trustee or director
0.5$0$0
Dr Edison T LiuBoard Member
Trustee or director
0.5$0$0
18 more people on this return
NameTitleHours / weekCompensation
Dr Elias ZerhouniBoard Member
Trustee or director
0.5$0
Dr Ellen V SigalBoard Member
Trustee or director
0.5$0
Dr Freda Lewis-HallBoard Member
Trustee or director
0.5$0
Dr Gilbert S OmennBoard Member
Trustee or director
0.5$0
Dr Jay BradnerBoard Member
Trustee or director
0.5$0
Dr Judy Lansing KovlerBoard Member
Trustee or director
0.5$0
Dr Paul StoffelsBoard Member
Trustee or director
0.5$0
Dr Ronald L KrallBoard Member
Trustee or director
0.5$0
Dr Solomon H SnyderVice-Chairman
Trustee or director
0.5$0
Dr Steven M PaulChairman
Trustee or director
2$0
James WeissBoard Member
Trustee or director
0.5$0
Mr Fred SeigelBoard Member
Trustee or director
0.5$0
Mr James DownBoard Member
Trustee or director
0.5$0
Mr Perry SteinerBoard Member
Trustee or director
2$0
Mr Russell W SteenbergBoard Member
Trustee or director
0.5$0
Mrs William McCormick Blair JrSecretary
Trustee or director
1$0
Ms Julie Bell LindsayTreasurer
Trustee or director
2$0
Ms Nina KjellsonBoard Member
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 33 people
NameTitleHours / weekCompensationOther / benefits
Dr Julie L GerberdingChief Executive Officer
Trustee or director, Officer
40$613,755$43,274
David CarmelSenior Vice President, Chief Growth and Innovation Officer
Key employee
40$400,911$40,224
David WholleyChief Strategy and Business Development (UNTIL NOV.)
Key employee
40$375,609$39,802
Michael SantosSenior Vice President, Chief Population Health Science Officer
Key employee
40$368,742$34,416
Joseph MenetskiSenior Vice President, Chief Translational Science Officer
Key employee
40$324,692$39,943
Donald HillSenior Vice President, Chief Financial Officer
Key employee
40$289,166$40,393
Kevin KlockSenior Vice President, Chief Operating Officer and General Counsel
Key employee
40$283,492$37,823
Stacey AdamAssociate Vice President, Science Partnerships Translational Science
Highest-paid employee
40$258,208$28,555
Steven HoffmannAssociate Vice President, Science Partnerships Translational Science
Highest-paid employee
40$240,048$33,223
Eva CoyneVice President -Controller
Highest-paid employee
40$231,174$32,796
Courtney SilverthornAssociate Vice President, Science Partnerships Translational Science
Highest-paid employee
40$236,430$27,203
Robert BalthaserVice President of Advancement (UNTIL NOV.)
Highest-paid employee
40$220,316$20,295
Julie Wolf RoddaChief Strategic Alliances and Advancement Officer (UNTIL NOV.)
Key employee
40$180,943$17,503
Charles A Reinhart IIIBoard Member
Trustee or director
0.5$0$0
Dame Jillian SacklerBoard Member
Trustee or director
0.5$0$0
Dr Charles A SandersBoard Member
Trustee or director
0.5$0$0
Dr Edison T LiuBoard Member
Trustee or director
0.5$0$0
Dr Elias ZerhouniBoard Member
Trustee or director
0.5$0$0
Dr Ellen V SigalBoard Member
Trustee or director
0.5$0$0
Dr Freda Lewis-HallBoard Member
Trustee or director
0.5$0$0
Dr Judy Lansing KovlerBoard Member
Trustee or director
0.5$0$0
Dr Paul StoffelsBoard Member
Trustee or director
0.5$0$0
Dr Ronald L KrallBoard Member
Trustee or director
0.5$0$0
Dr Solomon H SnyderVice-Chairman
Trustee or director
0.5$0$0
Dr Steven M PaulChairman
Trustee or director
1.5$0$0
Gilbert S OmennBoard Member
Trustee or director
0.5$0$0
James WeissBoard Member
Trustee or director
0.5$0$0
Jay BradnerBoard Member
Trustee or director
0.5$0$0
Mr Fred SeigelBoard Member
Trustee or director
0.5$0$0
Mr James H DonovanBoard Member
Trustee or director
0.5$0$0
Mr Russell W SteenbergBoard Member
Trustee or director
0.5$0$0
Mrs William McCormick Blair JrSecretary
Trustee or director
1$0$0
Ms Julie Bell LindsayTreasurer
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
11400 ROCKVILLE PIKE STE 600, ROCKVILLE, MD 20852-3003
Principal officer (990 for 2024)
Donald M Hill, 11400 Rockville Pike 600, North Bethesda, MD 20852
Signed the 990
Donald M Hill, Chief Financial Officer
Phone
(301) 402-5311
Return prepared by
Forvis Mazars LLP

Mission

TO CREATE AND LEAD ALLIANCES AND PUBLIC-PRIVATE PARTNERSHIPS THAT ADVANCE BREAKTHROUGH BIOMEDICAL DISCOVERIES AND IMPROVE THE QUALITY OF PEOPLE'S LIVES

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O, PROGRAM ONE, RESEARCH PROGRAMS
    Expenses $64,210,906 · grants $22,057,896 · revenue $50,000
  • SEE SCHEDULE O, PROGRAM TWO, AWARDS, EVENTS, EDUCATION/TRAINING PROGRAMS
    Expenses $1,631,357 · grants $656,565

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1986675
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$214,056,526
Income (IRS master file)
$432,563,566

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$78,507,209$76,818,918$214,056,526IRS
990December 2023$60,965,788$69,644,743$206,113,368XML
990December 2022$70,585,199$77,418,110$216,582,542IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 52-1986675).

Questions about FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC

What is the EIN of FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC?
The employer identification number (EIN) of FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC is 52-1986675.
Is FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH 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 FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC?
The 990 for the year ended December 31, 2024 names Donald M Hill.
Who are the officers and directors of FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC?
The 990 for the year ended December 31, 2024 lists 33 people; 12 received compensation from the organization, the highest $640,273 (Dr Julie L Gerberding, Chief Executive Officer).
How much revenue does FOUNDATION FOR THE NATIONAL INSTITUTE OF HEALTH INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $78,507,209, expenses of $76,818,918 and total assets of $214,056,526 at year end.

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