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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+11.7% YoY
Annual Giving
$181K
-53.2% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$60K
-53.2% YoY
About Foundation for Applied Molecular
Based on IRS filings
Foundation for Applied Molecular is a nonprofit organization focused on Education, based in ALACHUA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 3 grants totaling $181K. Net investment income was $568K.
Focus Areas
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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 | $2,672,498 | $2,393,386 | $3,051,095 |
| Revenue | $4,755,532 | $3,775,413 | $3,458,871 |
| Expenses | $3,833,761 | $3,802,734 | $3,156,139 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $568,495 | $159,221 | $48,841 |
| 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 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
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 |
|---|---|---|---|
| STEVEN BENNER | BOARD CHAIR & CEO | 30 | $157,050 |
| NIGEL RICHARDS | DIRECTOR | 1 | $37,375 |
| ANDREW ELLINGTON | DIRECTOR | 1 | $1,000 |
| ERIC GAUCHER | DIRECTOR | 1 | $1,000 |
| ELISA BLONDI | PRINCIPAL INVESTIGATOR | 40 | $109,050 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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