Nonprofit · EIN 65-0045051
THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC
Tax-exempt · DURHAM, NC 27705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $879,876 | $905,476 | -$25,600 | $18,487,073 | $0 | $18,487,073 |
| June 30, 2024 | 990 | $854,406 | $1,037,317 | -$182,911 | $17,985,119 | $0 | $17,985,119 |
| June 30, 2023 | 990 | $698,047 | $568,108 | $129,939 | $17,816,997 | $0 | $17,816,997 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $51,474
- Program service revenue
- $0
- Investment income
- $828,402
- Net gain from sales of assets
- $647,886
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $888,400
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $1,694
- Program services (functional)
- $905,476
Balance sheet and other
- Total assets, start of year
- $17,985,119
- Total assets, end of year
- $18,487,073
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,487,073
- Publicly traded securities
- $4,328,936
- Gross receipts
- $879,876
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1997
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH SNYDERMAN MD | FORMER OFFICER Former | 0 | $0 | $1,449,316 | $73,341 |
| MOIRA RYNN MD | DIRECTOR Trustee or director | 0.1 | $0 | $760,404 | $65,029 |
| RICHARD J O'BRIEN MD | DIRECTOR Trustee or director | 0.1 | $0 | $736,966 | $49,649 |
| GEETA SWAMY MD | DIRECTOR/CHAIRMAN Trustee or director, Officer | 0.1 | $0 | $568,147 | $64,529 |
| STEPHEN G LISBERGER | DIRECTOR Trustee or director | 0.1 | $0 | $486,917 | $42,072 |
| COLIN DUCKETT | DIRECTOR Trustee or director | 0.1 | $0 | $405,745 | $49,649 |
| BARBARA HOUGH | TREASURER Officer | 0.1 | $0 | $408,749 | $43,072 |
| HEATHER WHITSON MD | DIRECTOR Trustee or director | 0.1 | $0 | $348,159 | $53,270 |
| JAMES MCNAMARA MD | DIRECTOR Trustee or director | 0.1 | $0 | $321,139 | $60,218 |
| MICHAEL SHOLTZ JD | DIRECTOR Trustee or director | 0.1 | $0 | $288,479 | $68,827 |
| JENNIFER GALLINA | FORMER OFFICER Former | 0 | $0 | $237,577 | $38,620 |
| ERICA KITCHEN | PRESIDENT/EXECUTIVE DIRECTOR Officer | 0.1 | $0 | $105,624 | $34,460 |
| CATHLEEN DURGIN | SECRETARY Officer | 2 | $0 | $88,892 | $43,037 |
| KAREN B BERMAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DANIEL J BUSSEL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBORAH BUSSEL | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JOHN M BUSSEL | DIRECTOR Trustee or director | 0.1 | $0 |
| CURTIS ALAN LOCKSHIN | DIRECTOR Trustee or director | 0.1 | $0 |
| MANUEL F UTSET MD | DIRECTOR Trustee or director | 0.1 | $0 |
| HANNAH MOSHONTZ DE LA ROCHA | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH SNYDERMAN MD | DIRECTOR/PART YEAR CHAIRMAN Trustee or director, Officer | 0.1 | $0 | $1,397,462 | $68,895 |
| MOIRA RYNN MD | DIRECTOR Trustee or director | 0.1 | $0 | $587,215 | $59,495 |
| GEETA SWAMY MD | DIRECTOR/PART YEAR CHAIRMAN Trustee or director, Officer | 0.1 | $0 | $515,833 | $60,044 |
| RICHARD J O'BRIEN MD | DIRECTOR Trustee or director | 0.1 | $0 | $516,908 | $47,144 |
| STEPHEN G LISBERGER | DIRECTOR Trustee or director | 0.1 | $0 | $464,891 | $40,376 |
| COLIN DUCKETT | DIRECTOR Trustee or director | 0.1 | $0 | $402,435 | $47,369 |
| JAMES MCNAMARA MD | DIRECTOR Trustee or director | 0.1 | $0 | $315,839 | $53,428 |
| HEATHER WHITSON MD | DIRECTOR Trustee or director | 0.1 | $0 | $314,992 | $51,470 |
| MICHAEL SHOLTZ JD | DIRECTOR Trustee or director | 0.1 | $0 | $274,423 | $64,357 |
| JENNIFER GALLINA | FORMER OFFICER Former | 0.1 | $0 | $273,034 | $10,771 |
| ERICA KITCHEN | PRESIDENT/EXECUTIVE DIRECTOR Officer | 2 | $0 | $94,892 | $31,612 |
| CATHLEEN DURGIN | SECRETARY Officer | 2 | $0 | $83,655 | $19,381 |
| KAREN B BERMAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DANIEL J BUSSEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH BUSSEL | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOHN M BUSSEL | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| CURTIS ALAN LOCKSHIN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MANUEL F UTSET MD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| HANNAH MOSHONTZ DE LA ROCHA | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH SNYDERMAN | DIRECTOR/CHAIRMAN Trustee or director, Officer | 0.1 | $0 | $1,346,673 | $55,023 |
| STEPHEN G LISBERGER | DIRECTOR Trustee or director | 0.1 | $0 | $448,902 | $37,164 |
| COLIN DUCKETT | DIRECTOR Trustee or director | 0.1 | $0 | $418,287 | $43,791 |
| RICHARD J O'BRIEN | DIRECTOR Trustee or director | 0.1 | $0 | $378,356 | $43,249 |
| JAMES MCNAMARA | DIRECTOR Trustee or director | 0.1 | $0 | $325,826 | $46,175 |
| MICHAEL SHOLTZ | DIRECTOR Trustee or director | 0.1 | $0 | $260,079 | $60,312 |
| HEATHER WHITSON | DIRECTOR Trustee or director | 0.1 | $0 | $240,704 | $41,025 |
| JENNIFER GALLINA | FORMER OFFICER Former | 0 | $0 | $177,330 | $29,555 |
| ERICA KITCHEN | SECRETARY Officer | 2 | $0 | $85,267 | $29,260 |
| ELLEN LUKEN | PRESIDENT Officer | 0.1 | $0 | $3,770 | $0 |
| KAREN B BERMAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DANIEL J BUSSEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH BUSSEL | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN M BUSSEL | DIRECTOR/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RUTH DZAU | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| CURTIS ALAN LOCKSHIN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MANUEL F UTSET MD PHD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| HANNAH MOSHONTZ DE LA ROCHA | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2200 W MAIN ST STE 300, DURHAM, NC 27705-4677
- In care of
- % DUKE MEDICAL CENTER DEVELOPMENT
- Principal officer (990 for 2024)
- ERICA KITCHEN, 2200 W MAIN ST STE 300, DURHAM, NC 27705
- Signed the 990
- ERICA KITCHEN, PRESIDENT
- Phone
- (919) 668-0882
Mission
SUPPORT BASIC SCIENTIFIC RESEARCH, EDUCATION AND DISSEMINATION OF RESEARCH FINDINGS IN THE NEUROSCIENCES.
Program accomplishments
- SEE SCHEDULE OExpenses $805,476 · grants $788,400
- IN FY19, THE BOARD OF THE RUTH K. BROAD FOUNDATION APPROVED A NEW AWARD, THE ANN B. BUSSEL AWARD. THE FOUNDATION WILL BE AWARDING A TWO-YEAR GRANT, EFFECTIVE JULY 1, 2020 FOR $100,000 EACH YEAR. THE FIRST AWARD PERIOD BEGAN JULY 1, 2020. THE PURPOSE OF THIS AWARD IS TO IMPROVE OUR UNDERSTANDING OF, AND ABILITY TO TREAT, ALZHEIMER'S DISEASE AND PREFERENCE IS FOR RESEARCH APPROACHES THAT STUDY HUMANS TO COMPLEMENT THE RUTH K. BROAD FOUNDATION'S EXISTING, PRIMARY BASIC NEUROSCIENCE, RESEARCH GRANT PROGRAMS. THE GRANT WILL BE AWARDED TO FACULTY AT DUKE. THE FACULTY MEMBER HAS A COLLABORATOR AT ANOTHER INSTITUTION, SPLITTING THE GRANT TO CO-FUND THE INVESTIGATORS AT THE TWO INSTITUTIONS WILL BE CONSIDERED.Expenses $100,000 · grants $100,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 65-0045051
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $18,487,073
- Income (IRS master file)
- $879,876
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $879,876 | $905,476 | $18,487,073 | IRS |
| 990 | June 2024 | $854,406 | $1,037,317 | $17,985,119 | IRS |
| 990 | June 2023 | $698,047 | $568,108 | $17,816,997 | XML |
| 990 | June 2022 | $648,234 | $531,504 | $18,625,123 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 65-0045051).
Questions about THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC
- What is the EIN of THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC is 65-0045051.
- Is THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE RUTH K BROAD BIOMEDICAL RESEARCH 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 THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ERICA KITCHEN.
- Who are the officers and directors of THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $879,876, expenses of $905,476 and total assets of $18,487,073 at year end.
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