Overview
What is Howard Hughes Medical Institute?
The Howard Hughes Medical Institute (HHMI) is a renowned philanthropy organization dedicated to advancing human knowledge through biomedical research and science education. With over $24 billion in net assets, HHMI is the largest private biomedical research institution in the United States. Its mission, consistent since its founding in 1953, focuses on promoting scientific discovery and education, primarily within fields related to basic biomedical sciences. HHMI's distinctive research model prioritizes employing scientists as investigators, rather than funding projects through grants. This approach, known as the HHMI Investigator Program, grants scientists long-term, flexible funding to pursue their scientific interests freely. HHMI Investigators, who are selected through rigorous national competitions, number more than 260 and include 15 Nobel laureates and over 150 National Academy of Sciences members. Additionally, HHMI operates the Janelia Research Campus in Ashburn, Virginia, which aims to open new scientific fields by addressing technical and intellectual barriers. At Janelia, teams of scientists collaborate to tackle a limited number of scientific questions with significant impact. The recent recruitment of group leaders and senior group leaders in the 4D Cellular Physiology research area signifies Janelia's ongoing commitment to advancing scientific knowledge. In summary, the Howard Hughes Medical Institute is a trailblazing organization that fuels scientific progress through its innovative research programs and commitment to fostering a thriving community of brilliant scientists.
Official website here: www.hhmi.org
Is Howard Hughes Medical Institute legitimate?
Howard Hughes Medical Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Howard Hughes Medical 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: $11,626,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,929,508
For more financial information, click here
Official website here: www.hhmi.org
What is the mission statement of Howard Hughes Medical Institute?
The Howard Hughes Medical Institute (HHMI) is a renowned philanthropic organization dedicated to expanding human knowledge through the conduct of biomedical research and science education. With over $24 billion in net assets, HHMI is the largest private biomedical research institution in the United States, established in 1953. The primary goal of HHMI is to promote human knowledge by engaging in discovery research, primarily within fields related to basic biomedical sciences, and disseminating that knowledge for the benefit of humanity. The organization's mission remains constant, as stated in its articles of incorporation, to serve society by conducting groundbreaking research and providing educational opportunities, ultimately contributing to the advancement of science and human welfare.
Official website here: www.hhmi.org
What is the revenue of Howard Hughes Medical Institute?
Howard Hughes Medical Institute's revenue in 2022 was $2,117,477,557.
Official website here: www.hhmi.org
Who are the executives of Howard Hughes Medical Institute and what are their salaries?
The average compensation at Howard Hughes Medical Institute during 2022 was $135,606. There are 2,327 employees at Howard Hughes Medical Institute.
Here are 34 key members and their salaries:
- Landis Zimmerman (Vp & Chief Investment Officer (Thru 6/21))
- Erin K O'Shea Phd (President)
- Richard A Pender (Managing Director, Public Markets)
- Donald Koch (Vp & Chief Investment Officer)
- Gregory Deninno (Managing Director, Private Markets)
- Glen Zwicker (Managing Director & Head Of Investment Ops)
- Eric Kandel Md (Investigator)
- Sean B Carroll Phd (Vp For Science Education)
- David E Clapham Phd (Vp & Chief Scientific Officer (Thru 1/22)/Senior Group Leader)
- Ronald Vale Phd (Vp & Exec Dir, Janelia Research Campus)
- Robert J Kolyer Jr (Managing Director, Diversifying Assets (Thru 6/21))
- Heidi E Henning Esq (Vp & General Counsel & Secretary)
- Leslie B Vosshall Phd (Investigator/Vp & Chief Scientific Officer (As Of 2/22))
- Daniel A Cronin Mba Phd (Vp & Chief Financial & Operating Officer)
- Gerald M Rubin Phd (Senior Group Leader/Former Vp&Exec Dir, Jrc)
- Lauren T Spiliotes Esq (Deputy General Counsel & Assistant Secretary (Thru 1/22))
- Dennis Mckearin Phd (Senior Scientific Officer/Former Vp Of Operations)
- Bodo Stern Phd (Chief Of Strategic Initiatives)
- Ann K Batlle Esq (Deputy General Counsel & Assistant Secretary (As Of 1/22))
- Susan S Plotnick (Director Of Finance & Assistant Treasurer (Thru 6/22))
- Monique L Marcus (Controller)
- Jeremy Compton (Associate Comptroller (As Of 5/22))
- Clayton S Rose Phd (Trustee, Chair)
- Alison F Richard Phd (Trustee, Chair Education Comm)
- Charlene Barshefsky Esq (Trustee, Chair Nom & Gov Comm)
- Debora L Spar Phd (Trustee, Chair Audit & Comp)
- Fred R Lummis (Trustee, Chair Finance Comm)
- Joseph L Goldstein Md (Trustee, Chair Research Comm)
- David Julius Phd (Trustee)
- Risa Lavizzo-Mourey Md Mba (Trustee)
- Kurt L Schmoke Esq (Trustee)
- Margaret D Tutwiler (Trustee)
- Paul M Nurse Phd (Trustee)
- Lynne Lochte (Deputy Chief Financial Officer & Assistant Treasurer (As Of 8/22))
Official website here: www.hhmi.org
Where can I find the form 990 for Howard Hughes Medical Institute?
The Howard Hughes Medical Institute’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hhmi.org
Learn more at the official website: www.hhmi.org
Mission Statement of Howard Hughes Medical Institute
The Howard Hughes Medical Institute (HHMI), a renowned philanthropy, serves society through the direct conduct of biomedical research and support for science education programs. Established in 1953, HHMI is the largest private biomedical research institution in the nation, boasting over $24 billion in net assets at the conclusion of its 2022 fiscal year. The organization's primary purpose and objective, as stated in its articles of incorporation, is to promote human knowledge by carrying out discovery research and science education, primarily within the fields related to basic biomedical sciences. This knowledge is then disseminated and applied for the benefit of humanity. HHMI's enduring mission remains constant, as it strives to advance the boundaries of scientific understanding and contribute to the betterment of society.
Impact
This information is meant to be a general summary of Howard Hughes Medical Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Howard Hughes Medical Institute has a significant impact on society through its direct conduct of biomedical research and support for programs in science education. Their pioneering approach to biomedical research, focusing on "people, not projects," allows scientists the time, resources, and freedom to explore challenging questions in a way that may lead to fundamental discoveries with lasting scientific value and benefit to humanity. With a unique research model that emphasizes creativity, risk-taking, and commitment to discovery, HHMI Investigators have made significant contributions to various scientific fields.
The Institute's HHMI Investigator Program, which employs over 260 HHMI researchers including 15 Nobel laureates and more than 150 members of the National Academy of Sciences, supports research laboratories at around 60 universities and research organizations across the United States. The program selects scientists through rigorous national competitions, ensuring that researchers with exceptional talent and potential are given the opportunity to make groundbreaking discoveries.
Additionally, HHMI's Janelia Research Campus in Ashburn, Virginia, plays a crucial role in advancing scientific fields by tackling scientific questions that have the potential for transformative impact. By fostering collaboration among lab scientists and tool-builders and sharing methods, results, and tools with the wider scientific community, Janelia contributes to pushing the boundaries of scientific knowledge.
Overall, the impact of the Howard Hughes Medical Institute extends beyond the advancement of biomedical research; it also contributes to the enrichment of science education and the dissemination of knowledge for the benefit of humanity.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,702,904
TV & FILM INCOME
Revenue
$1,162,470
Organization Details
Founding Year
1953
Phone
(301) 215-8500
Main Address
4000 JONES BRIDGE ROAD, CHEVY CHASE, MD, 208156789
Website
www.hhmi.org
NTEE Category
Code: H00 - Medical research
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