Institute for Operations Research and the Management Sciences
Informs leads in the development, dissemination and implementation of knowledge, research, and technologies in operations research, analytics, the management sciences, and related methods of improving operational processes, decision making, and management.
Institute for Operations Research and the Management Sciences at a glance
In short: Institute for Operations Research and the Management Sciences gave $10K across 1 grant in 2024 (avg $10K), mostly in South Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $10,000
- +0.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $10,000
- +0.0% vs 2023
- Median grant
- $10,000
- Total assets
- $31,996,807
- +24.4% vs 2023
- Primary geography
- South Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Institute for Operations Research and the Management Sciences
Open Grants
1 open opportunity from Institute for Operations Research and the Management Sciences
Who Institute for Operations Research and the Management Sciences funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was USC Business Partnership Foundation ($10K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Institute for Operations Research and the Management Sciences gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $10K (2021) to $96K (2022). In 2024 it made 1 grant totaling $10K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| USC Business Partnership Foundation Columbia, SC | UPS George Smith Prize | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $31,996,807 | $16,211,301 | $15,645,092 | $10,000 | 1 | $802,316 |
| 2023 | $25,725,358 | $14,608,514 | $14,851,026 | $10,000 | 1 | $282,230 |
| 2022 | $24,048,596 | $12,689,693 | $14,548,260 | $96,087 | Total only | $-1,144,526 |
| 2021 | $26,434,538 | $15,117,457 | $13,508,566 | $10,000 | 1 | $3,073,018 |
| 2020 | $24,446,454 | $11,337,381 | $12,138,506 | $68,738 | Total only | $1,702,561 |
| 2019 | $25,013,130 | $15,697,622 | $15,406,398 | $43,325 | Total only | $824,066 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Institute for Operations Research and the Management Sciences
Based on IRS filings
Institute for Operations Research and the Management Sciences is a public charity focused on Social Science, based in Catonsville, MD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $32.0M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $802K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Institute for Operations Research and the Management Sciences is led by Elena A. Gerstmann, Executive Director on every filing since 2020; 6 of 21 officers listed in 2024 are compensated.
Officers on the 2024 filing
Elena A. Gerstmann
Executive Director
On filings since 2020
40 hrs/week
$154K (2020) → $324K (2024)
Julie Swann
President
President-Elect → President, 2024
On filings since 2023
6 hrs/week
No compensation reported
Mary T. Magrogan
Director, Recognition & Development
Director & Recognition → Director, Recognition & Dvlpmnt, 2021
Director, Recognition & Dvlpmnt → Director, Recognition & Development, 2023
On filings since 2019
40 hrs/week
$140K (2019) → $155K (2024)
John King
Director
On filings since 2022
40 hrs/week
$144K (2022) → $198K (2024)
Kyle Jordan
Director & Meetings
On filings since 2022
40 hrs/week
$163K (2022) → $174K (2024)
Jeffrey M. Cohen
Chief Strategy & Innovation
Director & Public Affairs A → Chief Strategy & Innovation Officer, 2021
Chief Strategy & Innovation Officer → Chief Strategy & Innovation, 2023
On filings since 2019
40 hrs/week
$166K (2019) → $191K (2024)
Regina M. Lloyd
Chief Human Resources Officer
Director & Human Resources → Chief Human Resources Officer, 2021
On filings since 2019
40 hrs/week
$145K (2019) → $167K (2024)
Laura Albert
Past President
President-Elect → President, 2023
President → Past President, 2024
On filings since 2019
6 hrs/week
No compensation reported
Susan Martonosi
Treasurer
Vice President, Membership & Professional Recognition → Treasurer, 2023
On filings since 2019
6 hrs/week
No compensation reported
Mark Lewis
Secretary
On filings since 2022
6 hrs/week
No compensation reported
Miguel Anjos
Vice President & International Activities
Vice President & International Activiti → Vice President & International Activities, 2023
On filings since 2022
6 hrs/week
No compensation reported
Robin Lougee
Vice President & Practice
On filings since 2022
6 hrs/week
No compensation reported
Ariela Sofer
Vice President & Meetings
On filings since 2023
6 hrs/week
No compensation reported
Chris Tang
Vice President & Publications
On filings since 2023
6 hrs/week
No compensation reported
Illya Hicks
Vice President & Education
On filings since 2023
6 hrs/week
No compensation reported
Mark Squillante
Vice President, Sections & Societies
On filings since 2023
6 hrs/week
No compensation reported
Warren Hearnes
Vice President & Technology Strategy
On filings since 2023
6 hrs/week
No compensation reported
Anahita Khojandi
Vice President, Membership & Professional
New on the 2024 filing
6 hrs/week
No compensation reported
David Hunt
President-Elect
New on the 2024 filing
6 hrs/week
No compensation reported
Tinglong Dai
Vice President, Marketing & Communications
New on the 2024 filing
6 hrs/week
No compensation reported
Vinod Cheriyan
Vice President, Chapters & Forums
New on the 2024 filing
6 hrs/week
No compensation reported
Former officers (25)
- Former: Darda C. Duncan (2019–2023) — Chief Financial Officer-
- Former: L. Beril Toktay (2020–2023) — Vice President, Marketing & Communications
- Former: Pelin Pekgun (2020–2023) — Vice President, Membership & Professional
- Former: Radhika Kulkarni (2021–2023) — Past President
- Former: Kathryn Walker (2022–2023) — Vice President, Chapters & Forums
- Former: Xiaolan Luo (2023) — Director & Finance
- Former: Cole Smith (2019–2022) — Vice President & Publications
- Former: Dave Hunt (2019–2022) — Treasurer
- Former: Missie Bowers (2019–2022) — Vice President & Education
- Former: Raghu Raghavan (2019–2022) — Vice President & Technology Strategy
- Former: Tamas Terlaky (2019–2022) — Vice President & Meetings
- Former: Stephen C. Graves (2020–2022) — Past-President
- Former: Maciek Nowak (2021–2022) — Vice President, Sections & Societies
- Former: Allen Butler (2019–2021) — Vice President & Practice
- Former: Nagaraj M. Reddi (2019–2021) — Director
- Former: Pinar Keskinocak (2019–2021) — Past-President
- Former: Sue Merchant (2019–2021) — Vice President & International Activiti
- Former: Taryn B. Lewis (2019–2021) — Director, Educ & Industry Prgms
- Former: Tory Chen (2019–2021) — Secretary
- Former: Trevor Bihl (2020–2021) — Vice President, Chapters & Fora
- Former: Laurie Garrow (2019–2020) — Vice President, Sections & Societies
- Former: M. Melissa Moore (2019–2020) — Executive Director
- Former: Ramayya Krishnan (2019–2020) — Past-President
- Former: Gino J. Lim (2019) — Vice President, Chapters & Fora
- Former: Nicholas G. Hall (2019) — Past President
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $324K, to Elena a Gerstmann (Executive Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Institute for Operations Research and the Management Sciences
How much does Institute for Operations Research and the Management Sciences give each year?
Institute for Operations Research and the Management Sciences gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $10K across 1 grant.
How large is Institute for Operations Research and the Management Sciences?
Institute for Operations Research and the Management Sciences reported $32.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $16.2M.
What is Institute for Operations Research and the Management Sciences?
Institute for Operations Research and the Management Sciences is a public charity focused on Social Science, based in Catonsville, MD. It holds $32.0M in total assets as of 2024.
Where does Institute for Operations Research and the Management Sciences operate?
Institute for Operations Research and the Management Sciences has awarded grants in Iowa, Indiana, South Carolina.
What is Institute for Operations Research and the Management Sciences's EIN?
Institute for Operations Research and the Management Sciences's EIN (Employer Identification Number) is 52-1898636. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 15, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 19, 2025)
- IRS filings on file for fiscal years 2020–2024
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