Burroughs Wellcome Fund
Quick Facts
- EIN
- 237225395
- Location
- RTP, NC
- Category
- Philanthropy & Grantmaking
- Total Assets
- $848M
- Annual Income
- $542M
- IRS Ruling Year
- 1972
- Organization Type
- Corporation
- Principal Officer
- % Burroughs Wellcome Fund
- Tax Deductibility
- Contributions are deductible
About This Foundation
Burroughs Wellcome Fund is a private corporation based in RTP, NC. The foundation received its IRS ruling in 1972. The principal officer is % Burroughs Wellcome Fund. It holds total assets of $848M. Annual income is reported at $542M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$37M
Total Assets
$792.3M
Fair Market Value
N/A
Net Worth
$689M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$27.5M
Distribution Amount
$39.4M
Total Giving by Year
Asset Growth
Financial Details (2023)
- Total Revenue
- $28M
- Total Expenses
- $37M
- Required Distribution
- $39.4M
- Total Liabilities
- $103.3M
Grantmaking Insights
Total Grants
2
Total Giving
$68.2M
Average Grant
$34.1M
Median Grant
$34.1M
Total Giving by Year
Grant Range
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grants Paid AttachmentSEE GRANTS PAID ATTACHMENT | Research Triangle Park, NC | $34.2M | 2023 |
| See Grants Paid AttachmentSEE GRANTS PAID ATTACHMENT | Research Triangle Park, NC | $34M | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-08 | 990PF | View Filing |
| 2022-08 | 990PF | View Filing |
| 2021-08 | 990PF | View Filing |
| 2020-08 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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