Biogen Foundation Incorporated
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.
Key facts about Biogen Foundation Incorporated
- EIN
- 16-1636254
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,547,175
- Grants made (2024)
- 3
- Average grant
- $849,058
- Median grant
- $924,993
- Total assets
- $36,092,665
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Biogen Foundation Incorporated funds
By grant dollars, the top recipient states for Biogen Foundation Incorporated's 3 itemized 2024 grants were Massachusetts (100%). The most frequent recipient cities were Cambridge, MA (3 grants). None of its 3 grants with a stated purpose were described as general or operating support.
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
Share of all 3 itemized 2024 grant dollars.
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 recipients 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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.