Dr Ralph & Marian Falk Medical Research Tr
The Dr. Ralph & Marian Falk Medical Research Trust is a private foundation established in 1991 in Illinois and based in Dallas, Texas. The trust was created by Marian Falk in 1979 to support biomedical research. Bank of America, N.A., serves as Trustee for the organization. Health Resources in Action manages the grantmaking for the trust's programs on behalf of Bank of America.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$7.8M
-2.9% YoY
Grant Count
37
-19.6% YoY
Avg Grant Size
$211K
+20.7% YoY
Mission & Focus Areas
The trust's mission is to support medical research to improve treatments and eventually find cures for diseases for which no definite cure is known. The trust focuses on:
- Medical research in health and disease-related conditions
- Biomedical research across various disease areas
- Research addressing diseases without established cures
Grantmaking
The trust administers two primary grant programs:
Grant Range
$172,000-$200,000
Average Grant
amount: $18,026-$1,179,871
Review Cycle
June 4, 2026 (2:00 pm EDT)
How to Apply
**
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Geographic Focus
Where this funder awards grants
The trust supports medical research across the United States, with particular concentration in:
- California
- Illinois
- Ohio
- Minnesota
- Wisconsin
- Indiana
- Pennsylvania
- Rhode Island
Major funding cities include Chicago, Philadelphia, and Minneapolis.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2024):
- Total assets: $145.9 million - $146.2 million
- Total annual giving: $8.0 million - $8.2 million
- Total revenues: $8.2 million
- Total expenses: $9.2 million - $9.4 million
- Total liabilities: $0
- Number of employees: 1
Tax Status:
- EIN: 36-6975534
- 501(c)(3) designation
- Tax-exempt since July 1992
- Required to file Form 990-PF
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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
105 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
- Bank of America N.A. - Trustee and Managing Director (compensation: $786,745 as of 2024)
- M James Termondt - Listed as associated with the organization
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 1 | $786,745 |
Recent News & Activity
Recent developments and announcements
The trust has awarded significant grants to support cutting-edge medical research:
$1M, two-year grant from Dr. Ralph and Marian Falk Medical Research Trust\**Case Western Reserve University** received a $1 million two-year grant to advance research on therapies for Huntington's disease
$1M, two-year grant from Dr. Ralph and Marian Falk Medical Research Trust\**Case Western Reserve University researchers** received $1.35 million in awards for cancer and diabetic retinopathy treatments
Dr. Ralph and Marian Falk Medical Research Trust awards $1.35M to two Case**Dr. Sean Pitroda** (PersonaDx Co-Founder) was awarded $1 million through the Falk Medical Research Trust
PersonaDx Co-Founder Dr. Sean Pitroda Awarded $1 Million**Washington University in St. Louis** researcher received a Falk Catalyst Award for brain tumor research
Chheda Receives Dr. Ralph & Marian Falk Medical Research Trust \u2013 Catalyst\The trust continues to accept applications and actively funds medical research initiatives addressing diseases without established cures.
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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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