Biogen Foundation Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.1M in total assets. In 2024, it awarded 3 grants totaling $2.5M. Net investment income was $884K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.1M
+55.1% YoY
Annual Giving
$2.5M
-61.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$849K
-61.5% YoY
Under IRS private-foundation payout rules, Biogen Foundation Incorporated reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About Biogen Foundation Incorporated
Based on IRS filings
Biogen Foundation Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.1M in total assets. In 2024, it awarded 3 grants totaling $2.5M. Net investment income was $884K.
Focus Areas
Ready to take the next step with Biogen Foundation Incorporated?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,092,665 | $23,265,418 | $15,714,871 |
| Revenue | $15,912,679 | $14,755,390 | $-31,371 |
| Expenses | $3,086,220 | $7,196,943 | $9,798,422 |
| Qualifying Distributions | $3,048,214 | $6,906,601 | $9,459,033 |
| Net Investment Income | $883,673 | $92,102 | $141,358 |
| Distributable Amount | $1,142,643 | $580,007 | $946,694 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Open Grants
3 open opportunities from Biogen Foundation Incorporated
Biogen Corporate Sponsorships
BIOGEN FOUNDATION INCORPORATED
Amount
Varies
Deadline
Rolling / Open
Biogen General Grants
BIOGEN FOUNDATION INCORPORATED
Amount
Varies
Deadline
Rolling / Open
Biogen: Medical Education Grants
BIOGEN FOUNDATION INCORPORATED
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Biogen Foundation Inc ($1,566,424), Matching Gift Program ($924,993), Volunteer Rewards ($55,758).
| Recipient | Purpose | Amount |
|---|---|---|
| BIOGEN FOUNDATION INC CAMBRIDGE, MA | CORPORATE FOUNDATION DIRECT | $1,566,424 |
| MATCHING GIFT PROGRAM CAMBRIDGE, MA | MATCHING GIFT DISBURSEMENTS | $924,993 |
| VOLUNTEER REWARDS CAMBRIDGE, MA | DONATIONS FOR EMPLOYEE | $55,758 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL DAMBACH | TREASURER | 1 | — |
| KATE DAWSON | DIRECTOR | 1 | — |
| BIOGEN FOUNDATION INC | CORP DIRECTOR | 40 | $300,000 |
| RENAE DILL | DIRECTOR | 1 | — |
| BANK OF AMERICA N A | AGENT FOR FIDUCIARY | 1 | $47,093 |
| ALISHA ALAIMO | DIRECTOR | 1 | — |
| TERESA CACHERO | BOARD CHAIRMAN | 1 | — |
| WOLFRAM SCHMIDT | DIRECTOR | 1 | — |
| MINITA SHAH-MARA | DIRECTOR | 1 | — |
| WENDELL TAYLOR | SECRETARY | 1 | — |
| ATE DAWSON | DIRECTOR | 1 | — |
| MINITA SHAH-MARA | DIRECTOR | 1 | — |
| ADAM MEYERS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Biogen Foundation Incorporated?
Biogen Foundation Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $36.1M in total assets as of 2024.
How large is Biogen Foundation Incorporated?
As of 2024, Biogen Foundation Incorporated holds $36.1M in total assets with $15.9M in annual revenue. It awarded 3 grants totaling $2.5M in 2024.
Where does Biogen Foundation Incorporated operate?
Biogen Foundation Incorporated has awarded grants in Massachusetts.
What size grants does Biogen Foundation Incorporated award?
In 2024, Biogen Foundation Incorporated awarded 3 grants totaling $2.5M — an average of about $849K per grant, based on its IRS Form 990 filings.
How much is Biogen Foundation Incorporated required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Biogen Foundation Incorporated reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Biogen Foundation Incorporated's EIN?
Biogen Foundation Incorporated's EIN (Employer Identification Number) is 16-1636254. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Biogen Foundation Incorporated's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Biogen Foundation Incorporated on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Biogen Foundation Incorporated to a real strategy.