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The Krell Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421457548 ✦ Ames, IA ✦ Designated as a 501(c)(3)

Overview

What is The Krell Institute?

The Krell Institute is a nonprofit organization based in Ames, Iowa, with a suite located at 1609 Golden Aspen Drive. They are dedicated to the advancement of computational science by administering the Department of Energy Computational Science Graduate Fellowship (DOE CSGF) and Stewardship Science Graduate Fellowship programs for the United States Department of Energy. They support highly qualified students in their PhD studies, enabling them to conduct research in computational science and engineering disciplines crucial to the Department of Energy. Fellows must study at a United States research university, complete a research practicum at a Department of Energy laboratory, and attend an annual program review. During FY2023, 39 students were selected and 40 fellows completed their fellowships, bringing the total number of fellows to 128. The organization also manages smaller projects related to computational science as needed and provides communication support to the Department of Energy. Their mission is to promote the application of modern computing, communication, and information technologies to national priorities. The Krell Institute currently employs 24 individuals.


Official website here: www.krellinst.org

Is The Krell Institute legitimate?

The Krell Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Krell Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $807,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,082,485

For more financial information, click here


Official website here: www.krellinst.org

What is the mission statement of The Krell Institute?

The Krell Institute supports the advancement of computational science by administering fellowship programs for the U.S. Department of Energy. Its mission is to promote the application of modern computing, communication, and information technologies to national priorities. The institute manages the Computational Science Graduate Fellowship and the Stewardship Science Graduate Fellowship, providing research and academic support to highly qualified students in the field of computational science and engineering. Fellows complete a program of study at a U.S. research university, work on a research project at a Department of Energy laboratory, and attend an annual program review. In fiscal year 2023, 39 students were selected to receive fellowships, bringing the total number of fellows in the program to 128. A significant number of program alumni continue to work in the field or have graduated and are employed at Department of Energy laboratories.


Official website here: www.krellinst.org

Who is the CEO of The Krell Institute?

Shelly Olsan is the President of The Krell Institute.


Official website here: www.krellinst.org

What is the revenue of The Krell Institute?

The Krell Institute's revenue in 2023 was $16,793,664.


Official website here: www.krellinst.org

Who are the executives of The Krell Institute and what are their salaries?

The average compensation at The Krell Institute during 2023 was $78,756. There are 24 employees and 86 volunteers at The Krell Institute.

Here are 8 key members and their salaries:

    Shelly Olsan (President)
  • Compensation: $254,274
  • Related: $0
  • Other: $57,170

    • Beth Brosnahan (Director Of Finance & Admi)
  • Compensation: $176,640
  • Related: $0
  • Other: $52,401

    • Nazanin Imani (Director Of Technology)
  • Compensation: $167,729
  • Related: $0
  • Other: $41,063

    • William Cannon (Science Media Manager)
  • Compensation: $145,478
  • Related: $0
  • Other: $34,546

    • Robert Pearson (Network And Systems Admin)
  • Compensation: $102,223
  • Related: $0
  • Other: $21,559

    • Buddy Beck (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allan Burman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dona Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.krellinst.org

    Where can I find the form 990 for The Krell Institute?

    The The Krell Institute’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.krellinst.org

    Learn more at the official website: www.krellinst.org

    Mission Statement of The Krell Institute

    The Krell Institute, a renowned non-profit organization, is dedicated to advancing the discipline of computational science by administering fellowship programs for the US Department of Energy (DoE). Its primary mission is to promote the application of modern computing, communication, and information technologies to national priorities.

    The Institute's flagship initiatives include the Computational Science Graduate Fellowship (CSGF) and the Stewardship Science Graduate Fellowship, which support high-performing students pursuing PhDs in computational science and engineering fields that align with the DoE's Office of Science and National Nuclear Security Administration. The fellows undertake a comprehensive program of study at a US research university, spend a considerable time at a DoE laboratory working on a research project, and attend an annual program review to share experiences with fellow students and DoE staff. During FY2023, 39 students were selected to receive fellowships, bringing the total number to 128. These scholars were enrolled at 47 different research universities across the United States.

    Upon completion of their fellowship, the majority of the graduates continue their PhD studies, become post-doctoral students, or have already graduated and entered the workforce. A significant portion of them, 14%, secured employment with DoE laboratories. Thus, The Krell Institute plays a vital role in fostering the next generation of computational scientists by providing them with valuable research opportunities and connections to the scientific community.

    Impact

    This information is meant to be a general summary of The Krell Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Krell Institute's impact lies in advancing the discipline of computational science through its administration of prestigious fellowship programs for the U.S. Department of Energy. Specifically, The Krell Institute supports the Computational Science Graduate Fellowship and the Stewardship Science Graduate Fellowship, which provide crucial funding and support to highly qualified students pursuing PhD research in computational science and engineering disciplines important to national priorities. Through these programs, The Krell Institute nurtures future leaders in the field, fostering innovative research and expertise that directly contribute to the nation's scientific and technological advancements. Additionally, The Krell Institute plays a key role in fostering collaboration between fellows, research universities, and DOE laboratories, creating a network of talent dedicated to addressing critical challenges in computational science.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,907
  • Program Service Revenue: $161,809
  • Gross Receipts: $16,793,664

    • Assets and Liabilities:
  • Total Assets: $2,414,467
  • Total Liabilities: $1,601,312
  • Net Assets: $813,155
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COMMUNICATIONS PROJECT

    Revenue

    $104,013

    BETTER SCIENTIFIC SOFTWARE

    Revenue

    $57,796

    Organization Details

    Founding Year

    1996

    Principal Officer

    Shelly Olsan

    Main Address

    1609 GOLDEN ASPEN DRIVE SUITE 101, AMES, IA, 500108078

    NTEE Category

    Code: B500 - Education

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