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
Among its reported 2024 grants, the largest include Thomas Jefferson University ($72,693), Indiana University ($68,858), University of Colorado ($39,403).
| Recipient | Purpose | Amount |
|---|---|---|
| THOMAS JEFFERSON UNIVERSITY PHILADELPHIA, PA | RESEARCH | $72,693 |
| UNIVERSITY OF COLORADO BOULDER, CO | RESEARCH | $39,403 |
| INDIANA UNIVERSITY BLOOMINGTON, IN | RESEARCH | $68,858 |
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
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
Browse active grant opportunities in Foundation for Applied Molecular's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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