ACT FOR NIH Foundation Inc is a 501(c)(3) nonprofit organization based in Washington, DC (300 New Jersey Ave NW, Suite 300). The organization operates as a private operating foundation designated for educational, charitable, and scientific purposes. The foundation was granted tax-exempt status in December 2017.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-18.8% YoY
Annual Giving
$364K
-6.6% YoY
Grant Count
19
-13.6% YoY
Avg Grant Size
$19K
+8.1% YoY
Mission & Focus Areas
The foundation's mission is to educate about the importance of biomedical research and to make increasing biomedical research funding a national priority.
The organization advocates for reliable annual growth in National Institutes of Health (NIH) funding. Key messaging emphasizes that:
- Medical research accounts for less than one percent of the federal budget
- NIH's purchasing power remains below 2003 levels
- If funding had kept pace with biomedical inflation, NIH would have significantly more resources available
- NIH cannot fund one in five research proposals submitted by scientists nationwide
The foundation highlights the benefits of increased NIH investment, including enabling Americans to live longer, healthier, more productive lives; curbing future healthcare spending; supporting the U.S. economy, jobs, and small businesses; and maintaining global leadership in biomedical innovation.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Revenue: $461,000
- Expenses: $950,000
- Total Assets: $2.68 million
- Total Liabilities: $44,000
The organization's expenses exceeded revenue in 2024, drawing on accumulated assets to support operations.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,684,263 | $3,305,449 | $4,080,153 |
| Revenue | $461,035 | $146,260 | $1,025,806 |
| Expenses | $949,709 | $1,114,326 | $1,512,758 |
| Qualifying Distributions | $940,632 | $1,124,115 | $1,507,215 |
| Net Investment Income | $288,298 | $109,361 | $55,824 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
88 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Kate Klimczak - Appointed President (as of a leadership transition noted in organization materials)
Richard Turman - Previously served in a leadership role before stepping away
Pat White - Previously served in a leadership role before stepping away
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JED MANOCHERIAN | CHAIRMAN | 1 | — |
| GREG MANOCHERIAN | DIRECTOR | 1 | — |
| DR SUDIP PARIKH | SECRETARY/TREASURER | 1 | — |
| RICHARD TURMAN | PRESIDENT | 20 | $164,400 |
| RACHEL POLLOCK | VICE PRESIDENT UNTIL 5/8/24 | 20 | $55,803 |
Recent News & Activity
Recent developments and announcements
The foundation has issued statements expressing support for congressional appropriations decisions regarding NIH funding, including acknowledgment of FY 2020 NIH funding increases and commentary on House Appropriations Committee markups for NIH budgets in prior fiscal years.
ACT for NIH Statement on House Appropriations Committee FY 2017 markup forSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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