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Foundation For The National Institutes Of Health Inc

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

EIN: 521986675 ✦ North bethesda, MD ✦ Designated as a 501(c)(3)

Overview

What is Foundation For The National Institutes Of Health Inc?

The Foundation For The National Institutes of Health Inc, based in North Bethesda, Maryland, is a not-for-profit organization that connects leading public and private entities to accelerate biomedical breakthroughs for patients. With a mission to create and lead alliances and public-private partnerships, they aim to advance groundbreaking discoveries and enhance people's lives. Their activities include managing programs like the Accelerating Medicines Partnership (AMP), which focuses on improving understanding of disease pathways, identifying targets for treatment, and reducing development timelines for life-saving therapies. The FNIH manages the AMP program with a commitment to making data and analyses arising from collaborations publicly accessible to benefit the broader biomedical community. Their initiatives span various fields, such as heart failure and non-alcoholic steatohepatitis (NASH), with the ultimate goal of delivering new and effective therapies to patients.


Official website here: www.fnih.org

Is Foundation For The National Institutes Of Health Inc legitimate?

Foundation For The National Institutes Of Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The National Institutes Of Health Inc 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: $2,577,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,378,822

For more financial information, click here


Official website here: www.fnih.org

What is the mission statement of Foundation For The National Institutes Of Health Inc?

The Foundation for the National Institutes of Health (FNIH) is a charitable organization that connects leading public and private organizations to accelerate biomedical breakthroughs for patients, regardless of their disease or location. Its mission is to create and lead alliances and public-private partnerships that advance discoveries in healthcare. The FNIH manages programs, like the Accelerating Medicines Partnership (AMP), with the goal of improving understanding of disease pathways, identifying targets for treatment, and reducing development timelines for life-saving therapies. The organization prioritizes making data and analyses arising from collaborations publicly accessible to benefit the broader scientific community. One of its recent initiatives, Activ, was formed to develop a research strategy for COVID-19 vaccines and therapeutics, coordinating efforts among various agencies, biopharmaceutical companies, and non-profit organizations.


Official website here: www.fnih.org

Who is the CEO of Foundation For The National Institutes Of Health Inc?

Donald M Hill is the Chairman of Foundation For The National Institutes Of Health Inc. The CEO's salary of Foundation For The National Institutes Of Health Inc is $314,575 and their total compensation is $324,506.


Official website here: www.fnih.org

What is the revenue of Foundation For The National Institutes Of Health Inc?

Foundation For The National Institutes Of Health Inc's revenue in 2022 was $70,585,199.


Official website here: www.fnih.org

Who are the executives of Foundation For The National Institutes Of Health Inc and what are their salaries?

The average compensation at Foundation For The National Institutes Of Health Inc during 2022 was $110,621. There are 90 employees and 24 volunteers at Foundation For The National Institutes Of Health Inc.

Here are 36 key members and their salaries (Foundation For The National Institutes Of Health Inc's CEO's salary is $314,575 and their total compensation is $324,506):

    David Wholley (Exec. Vp, Strategy & Business Development)
  • Compensation: $513,679
  • Related: $0
  • Other: $38,966

    • Michael Santos (Vice President Of Science)
  • Compensation: $348,716
  • Related: $0
  • Other: $31,698

    • Julie Wolf-Rodda (Chief Strategic Alliances & Advancement Officer)
  • Compensation: $329,125
  • Related: $0
  • Other: $38,966

    • Joseph P Menetski (Vp Of Research Partnerships)
  • Compensation: $301,247
  • Related: $0
  • Other: $36,795

    • Dr Julie L Gerberding (Ceo (Start May 2022)) [Trustee/Director]
  • Compensation: $314,575
  • Related: $0
  • Other: $9,931

    • Donald M Hill (Chief Financial Officer)
  • Compensation: $277,640
  • Related: $0
  • Other: $37,972

    • Kevin A Klock (Sr. Vp Of Operations & Legal Affairs)
  • Compensation: $263,184
  • Related: $0
  • Other: $34,602

    • Stacey Adam (Associate Vp, Research Partnerships)
  • Compensation: $235,748
  • Related: $0
  • Other: $26,042

    • Steven Hoffmann (Associate Vp, Research Partnerships)
  • Compensation: $218,627
  • Related: $0
  • Other: $30,234

    • Eva Coyne (Vice President & Controller)
  • Compensation: $207,270
  • Related: $0
  • Other: $32,329

    • Courtney Silverthorn (Associate Vp, Research Partnerships)
  • Compensation: $211,603
  • Related: $0
  • Other: $24,500

    • David O'Brochta (Scientific Program Manager, Technical Lead Of Gene)
  • Compensation: $199,952
  • Related: $0
  • Other: $31,704

    • Dr Steven M Paul (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Solomon H Snyder (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Steven C Mayer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs William Mccormick Blair Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Kathy Bloomgarden (Board Member (Until Dec. 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Marijn Dekkers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James H Donovan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Paul L Herrling (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Thomas R Insel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Judy Lansing Kovler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ronald L Krall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Freda Lewis-Hall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Bell Lindsay (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Edison T Liu (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joel S Marcus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gilbert S Omenn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dame Jillian Sackler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Lily Safra (Board Member (Until July 2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Charles A Sanders (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Fred Seigel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ellen V Sigal (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Russell W Steenberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Paul Stoffels (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Elias Zerhouni (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fnih.org

    Where can I find the form 990 for Foundation For The National Institutes Of Health Inc?

    The Foundation For The National Institutes Of Health Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fnih.org

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

    Mission Statement of Foundation For The National Institutes Of Health Inc

    The Foundation For The National Institutes of Health Inc, or FNIH, is a charitable organization with a mission to bring together leading public and private organizations to accelerate biomedical breakthroughs for patients, regardless of their background or health condition. This mission is accomplished through managing public-private partnerships that improve the quality of people's lives by advancing new therapies, diagnostics, and potential cures.

    At the heart of the FNIH's efforts is the Accelerating Medicines Partnership (AMP) program. This initiative aims to understand disease pathways, facilitate the identification of targets for treatment, and identify platforms and processes to accelerate new and effective therapies to patients. The collaborative research projects under the AMP program operate under the principle of delivering pre-competitive advancements to the research and medical fields and enabling the broadest possible access and use of research discoveries. The FNIH also requires individual AMP projects to make data and analyses arising from the collaboration publicly accessible to benefit the wider biomedical community.

    In response to the COVID-19 pandemic, the FNIH and the National Institutes of Health (NIH) assembled a government-industry-academia coalition called ACTIV (Accelerating COVID-19 Therapeutic Interventions and Vaccines). This partnership aimed to develop a research strategy for prioritizing and speeding the development of the most promising COVID-19 vaccines and therapeutics. ACTIV replaced numerous small, individual trials with a national research agenda for developing therapeutic countermeasures to the pandemic, providing support for vaccine development efforts, and showcasing how the biomedical research community can effectively mobilize during a global public health crisis.

    Impact

    This information is meant to be a general summary of Foundation For The National Institutes Of Health Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Foundation For The National Institutes Of Health Inc impacts the world by connecting leading public and private organizations to accelerate biomedical breakthroughs for patients. Established by Congress in 1990 to support the mission of the National Institutes of Health (NIH), Foundation For The National Institutes Of Health Inc accelerates the development of new therapies, diagnostics, and potential cures. They advance global health and equity in care, celebrate and train the next generation of scientists, and drive research programs such as the Accelerating Medicines Partnership Program and the GeneConvene Global Collaborative. They have also spearheaded initiatives like ACTIV to coordinate research and clinical testing efforts to counter the COVID-19 pandemic, showcasing their ability to mobilize the biomedical research community in response to global health crises. Through initiatives like NIMBLE, they work on revolutionizing liver disease diagnosis and treatment, making advancements towards noninvasive liver testing and identifying patients who are at risk for progression to more severe stages of the disease. By creating and leading alliances and public-private partnerships, Foundation For The National Institutes Of Health Inc plays a crucial role in advancing breakthrough biomedical discoveries and improving people's lives.





    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 2022.

  • Investment Income: $1,459,757
  • Program Service Revenue: $50,000
  • Gross Receipts: $209,200,907

    • Assets and Liabilities:
  • Total Assets: $216,582,542
  • Total Liabilities: $18,255,107
  • Net Assets: $198,327,435
  • Programs

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

    ADMINISTRATIVE REVENUE

    Revenue

    $50,000

    Organization Details

    Founding Year

    1996

    Principal Officer

    Donald M Hill

    Main Address

    11400 ROCKVILLE PIKE 600, NORTH BETHESDA, MD, 20852

    NTEE Category

    Code: H90 - Medical research

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