Burroughs Wellcome Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $848.0M in total assets. In 2024, it awarded 1 grants totaling $37.7M. Net investment income was $68.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$848.0M
+7.0% YoY
Annual Giving
$37.7M
+10.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$37.7M
+10.3% YoY
About Burroughs Wellcome Fund
Based on IRS filings
Burroughs Wellcome Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $848.0M in total assets. In 2024, it awarded 1 grants totaling $37.7M. Net investment income was $68.1M.
Focus Areas
Ready to take the next step with Burroughs Wellcome Fund?
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 | $848,033,791 | $792,326,837 | $778,637,184 |
| Revenue | $70,516,184 | $28,040,204 | $48,287,251 |
| Expenses | $45,516,168 | $36,957,017 | $42,069,368 |
| Qualifying Distributions | $45,023,751 | $41,280,643 | $40,067,288 |
| Net Investment Income | $68,140,497 | $27,481,852 | $44,558,801 |
| Distributable Amount | $39,621,695 | $39,404,399 | $42,448,246 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
13 open opportunities from Burroughs Wellcome Fund
Career Awards at the Scientific Interface Grant
BURROUGHS WELLCOME FUND
Amount
US $560,000
Deadline
Rolling / Open
Career Awards for Medical Scientists Grant
BURROUGHS WELLCOME FUND
Amount
US $700,000
Deadline
Rolling / Open
Career Awards for STEM Teachers Grant
BURROUGHS WELLCOME FUND
Amount
US $175,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS MUGLIA | PRESIDENT - DIRECTOR | 38 | $499,365 |
| SCOTT SCHOEDLER | V.P. FINANCE | 38 | $437,750 |
| DR BRENDA ANDREWS | BOARD MEMBER | 1 | $10,000 |
| DR BRIAN DRUCKER | BOARD MEMBER | 1 | $10,000 |
| DR CHRISTINE SEIDMAN | BOARD MEMBER | 1 | $11,000 |
| MS DEBORAH BLUM | BOARD MEMBER | 1 | $10,000 |
| DR HARMIT MALIK | BOARD MEMBER | 1 | $10,000 |
| DR JENNY TING | BOARD MEMBER, BOARD CHAIR | 1 | $15,000 |
| DR KAFUI DZIRASA | BOARD MEMBER | 1 | $10,000 |
| MR MICHAEL GIARLA | BOARD MEMBER, INVESTMENT CHAIR | 1 | $11,500 |
| DR PAULA HAMMOND | BOARD MEMBER | 1 | $10,000 |
| DR ROBERT LEFKOWITZ | BOARD MEMBER | 1 | $10,000 |
| DR WENDELL LIM | BOARD MEMBER/INVEST COMMITTEE | 1 | $10,000 |
| DR GEOFFREY GERBER | BOARD MEMBER/INVEST COMMITTEE | 1 | $1,500 |
| MS LAURETTA REEVES | BOARD MEMBER/INVEST COMMITTEE | 1 | $2,000 |
| MS MELISSA NIGRO | INVESTMENT COMMITTEE | 1 | $1,000 |
| DR TERRENCE DERMODY | BOARD MEMBER&LIASON INVST COMM | 1 | $500 |
| MR TIM HASARA | INVESTMENT COMMITEE | 1 | $1,500 |
| DR KELSEY MARTIN | BOARD MEMBER | 1 | — |
| MR JAMES HIRSCHMAN | INVESTMENT COMMITTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Burroughs Wellcome Fund 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