Biogen Foundation Incorporated
Biogen Foundation Incorporated is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $34.3M in total assets. In 2025, it awarded 3 grants totaling $2.8M. Net investment income was $1.2M.
Biogen Foundation Incorporated at a glance
In short: Biogen Foundation Incorporated gave $2.8M across 3 grants in 2025 (avg $925K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,774,446
- +8.9% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $924,815
- +8.9% vs 2024
- Median grant
- $890,017
- Total assets
- $34,293,464
- -5.0% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Biogen Foundation Incorporated
Open Grants
3 open opportunities from Biogen Foundation Incorporated
Biogen Corporate Sponsorships
Biogen Foundation Incorporated
Amount
Varies
Deadline
Deadline not published
Biogen General Grants
Biogen Foundation Incorporated
Amount
Varies
Deadline
Deadline not published
Biogen: Medical Education Grants
Biogen Foundation Incorporated
Amount
Varies
Deadline
Deadline not published
Who Biogen Foundation Incorporated funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Biogen Foundation Inc ($1.8M). Together the top 3 received $2.8M.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $1–5M range: 6 grants of 15 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Biogen Foundation Incorporated gives
- Giving fell 69% from 2022 to 2025. Method
- In 2025 it paid out 171% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.5M (2024) to $18.4M (2020). In 2025 it made 3 grants totaling $2.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Biogen Foundation Inc Cambridge, MA | Corporate Foundation Direct | $1,813,660 |
| Matching Gift Program Cambridge, MA | Matching Gift Disbursements | $890,017 |
| Volunteer Rewards Cambridge, MA | Donations for Employee | $70,769 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $34,293,464 | $1,430,340 | $3,234,167 | $2,774,446 | 3 | $2,999,808 | $1,206,297 | $1,756,508 |
| 2024 | $36,092,665 | $15,912,679 | $3,086,220 | $2,547,175 | 3 | $3,048,214 | $883,673 | $1,142,643 |
| 2023 | $23,265,418 | $14,755,390 | $7,196,943 | $6,615,206 | 3 | $6,906,601 | $92,102 | $580,007 |
| 2022 | $15,714,871 | $-31,371 | $9,798,422 | $8,854,509 | 3 | $9,459,033 | $141,358 | $946,694 |
| 2021 | $25,561,498 | $3,880,862 | $8,681,714 | $7,702,516 | 3 | $8,288,449 | $3,522,135 | $1,374,361 |
| 2020 | $30,393,039 | $12,103,700 | $19,224,508 | $18,437,214 | 3 | — | $1,762,909 | $1,361,436 |
Under IRS private-foundation payout rules, Biogen Foundation Incorporated reported a distributable amount of $1.8M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Biogen Foundation Incorporated is led by Teresa Cachero, Board Chairman since 2024 (on filings since 2020); 2 of 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Teresa Cachero
Board Chairman
Director → Board Chairman, 2024
On filings since 2020
1 hr/week
No compensation reported
Biogen Foundation INC
Corp Director
On filings since 2020
40 hrs/week
$400K (2020) → $300K (2025)
Kate Dawson
Director
On filings since 2020
1 hr/week
No compensation reported
Adam Meyers
Director
On filings since 2024
1 hr/week
No compensation reported
Melissa Porazzo
Director
New on the 2025 filing
1 hr/week
No compensation reported
Nicole Bevrett
Director
New on the 2025 filing
1 hr/week
No compensation reported
Bank Of America N A
Agent for Fiduciary
On filings since 2020
1 hr/week
$64K (2020) → $72K (2025)
Former officers (12)
- Former: Alisha Alaimo (2020–2024) — Director
- Former: Michael Dambach (2020–2024) — Treasurer
- Former: Wendell Taylor (2021–2024) — Secretary
- Former: Minita Shah-Mara (2022–2024) — Director
- Former: Renae Dill (2022–2024) — Director
- Former: Wolfram Schmidt (2022–2024) — Director
- Former: Ate Dawson (2024) — Director
- Former: Alessandro Marcuzzi (2020–2021) — Director
- Former: Marco Dethomasis (2021) — Director
- Former: Melissa Seymour (2021) — Director
- Former: Susan Alexanver (2020) — Secretary
- Former: Suzanne Murray (2020) — Assistant Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $300K, to Biogen Foundation Inc (Corp Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Biogen Foundation Incorporated
How much does Biogen Foundation Incorporated give each year?
Biogen Foundation Incorporated gave $2.8M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.5M across 3 grants.
What is Biogen Foundation Incorporated's typical grant size?
Biogen Foundation Incorporated's median grant in 2025 was $890,017, and its average grant was $924,815, across 3 grants on its 2025 IRS Form 990-PF.
Where does Biogen Foundation Incorporated give grants?
Biogen Foundation Incorporated gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cambridge, MA (3 grants).
Does Biogen Foundation Incorporated give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Biogen Foundation Incorporated's 2025 IRS Form 990-PF were described as general or operating support.
How large is Biogen Foundation Incorporated?
Biogen Foundation Incorporated reported $34.3M in total assets on its 2025 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 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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