The foundation provides an innovative environment to host the scientific and technological research of a small group of selected molecular and life scientists to meet opportunities in commerce and medicine.
Key facts about Foundation for Applied Molecular
In short: Foundation for Applied Molecular gave $32K across 1 grant in 2025 (avg $32K), mostly in Indiana. Source: 2025 IRS Form 990.
- EIN
- 59-3471957
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $32,329
- Grants made (2025)
- 1
- Average grant
- $32,329
- Median grant
- $32,329
- Total assets
- $2,727,025
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$2.7M
+2.0% YoY
Annual Giving
$32K
-82.1% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$32K
-46.4% YoY
How Foundation for Applied Molecular gives
- Giving fell 93% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Foundation for Applied Molecular
Based on IRS filings
Foundation for Applied Molecular is a public charity focused on Education, based in Alachua, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 1 grant totaling $32K. Net investment income was $905K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $32K (2025) to $466K (2022). In 2025 it made 1 grant totaling $32K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Indiana University ($32K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 4 grants of 10 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Bloomington, IN | Research | $32,329 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,727,025 | $2,672,498 | $2,393,386 |
| Revenue | $3,638,850 | $4,755,532 | $3,775,413 |
| Expenses | $3,252,742 | $3,833,761 | $3,802,734 |
| Net Investment Income | $904,814 | $568,495 | $159,221 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 18, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Foundation for Applied Molecular is led by Steven Benner, Board Chair & CEO on every filing since 2020; all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Steven Benner
Board Chair & CEO
On filings since 2020
32 hrs/week
$81K (2020) → $150K (2025)
Andrew Ellington
Director
On filings since 2020
1 hr/week
$1K (2022) → $1K (2025)
Eric Gaucher
Director
On filings since 2020
1 hr/week
$1K (2022) → $1K (2025)
Nigel Richards
Director
On filings since 2020
1 hr/week
$1K (2022) → $38K (2025)
Former officers (2)
- Former: Elisa Blondi (2024) — Principal Investigator
- Former: Beverly Sanders (2020) — Director
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 $150K, to Steven Benner (Board Chair & CEO). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Foundation for Applied Molecular
How much does Foundation for Applied Molecular give each year?
Foundation for Applied Molecular gave $32K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $181K across 3 grants.
How large is Foundation for Applied Molecular?
Foundation for Applied Molecular reported $2.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.6M.
What is Foundation for Applied Molecular?
Foundation for Applied Molecular is a public charity focused on Education, based in Alachua, FL. It holds $2.7M in total assets as of 2025.
Where does Foundation for Applied Molecular operate?
Foundation for Applied Molecular has awarded grants in Colorado, Indiana, Pennsylvania.
What is Foundation for Applied Molecular's EIN?
Foundation for Applied Molecular's EIN (Employer Identification Number) is 59-3471957. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Foundation for Applied Molecular by hand.
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