Foundation for Applied Molecular logo

Foundation for Applied Molecular

ALACHUA, FL EIN: 59-3471957 Website

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

3states

Cities

BloomingtonBoulderPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
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

$0$117K$233K$350K$466K0 grants20200 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

THOMAS JEFFERSON UNIVERS…$73KINDIANA UNIVERSITY$69KUNIVERSITY OF COLORADO$39K

Grant Size Distribution

9 grants across all recorded years

3<$50K2$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Thomas Jefferson University ($72,693), Indiana University ($68,858), University of Colorado ($39,403).

RecipientPurposeAmount
THOMAS JEFFERSON UNIVERSITY PHILADELPHIA, PARESEARCH$72,693
UNIVERSITY OF COLORADO BOULDER, CORESEARCH$39,403
INDIANA UNIVERSITY BLOOMINGTON, INRESEARCH$68,858

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

STEVEN BENNERBOARD CHAIR & CEO$157KELISA BLONDIPRINCIPAL INVESTIGATOR$109KNIGEL RICHARDSDIRECTOR$37KANDREW ELLINGTONDIRECTOR$1KERIC GAUCHERDIRECTOR$1K

From 2024 filing

NameTitleHoursCompensation
STEVEN BENNERBOARD CHAIR & CEO30$157,050
NIGEL RICHARDSDIRECTOR1$37,375
ANDREW ELLINGTONDIRECTOR1$1,000
ERIC GAUCHERDIRECTOR1$1,000
ELISA BLONDIPRINCIPAL INVESTIGATOR40$109,050

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Foundation for Applied Molecular?

Foundation for Applied Molecular is a nonprofit organization focused on Education, based in ALACHUA, FL. It holds $2.7M in total assets as of 2024.

How large is Foundation for Applied Molecular?

As of 2024, Foundation for Applied Molecular holds $2.7M in total assets with $4.8M in annual revenue. It awarded 3 grants totaling $181K in 2024.

Where does Foundation for Applied Molecular operate?

Foundation for Applied Molecular has awarded grants in Colorado, Indiana, Pennsylvania.

What size grants does Foundation for Applied Molecular award?

In 2024, Foundation for Applied Molecular awarded 3 grants totaling $181K — an average of about $60K per grant, based on its IRS Form 990 filings.

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 2020–2024.

Explore Open Grants

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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