Institute for Operations Research and the Management Sciences logo

Institute for Operations Research and the Management Sciences

Public charity · Grantmaker Catonsville, MD EIN: 52-1898636 Website

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.

Key facts about Institute for Operations Research and the Management Sciences

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.

EIN
52-1898636
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$31,996,807
Primary geography
South Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$32.0M

+24.4% YoY

Annual Giving

$10K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10K

+0.0% YoY

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.

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

Open Grants

1 open opportunity from Institute for Operations Research and the Management Sciences

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

ColumbiaIowa CityWest Lafayette

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100KTotal only2019 Total only2020 1 grant2021 Total only2022 1 grant2023 1 grant2024

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

USC Business Partnership Foundation: $10KUSC Business PartnershipFoundation$10K

The largest 2024 recipient was USC Business Partnership Foundation ($10K).

Grant Size Distribution

3 grants across all recorded years

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

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
USC Business Partnership Foundation Columbia, SCUPS George Smith Prize$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$31,996,807$25,725,358$24,048,596
Revenue$16,211,301$14,608,514$12,689,693
Expenses$15,645,092$14,851,026$14,548,260
Net Investment Income$802,316$282,230$-1,144,526

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 15, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 23, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS September 19, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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

Elena a Gerstmann — Executive Director: $324KElena a GerstmannExecutive Director$324KJohn King — Director, It: $198KJohn KingDirector, It$198KJeffrey M Cohen — Chief Strategy & Innovation: $191KJeffrey M CohenChief Strategy & Innovation$191KKyle Jordan — Director, Meetings: $174KKyle JordanDirector, Meetings$174KRegina M Lloyd — Chief Human Resources Officer: $167KRegina M LloydChief Human Resources Officer$167KMary T Magrogan — Director, Recognition & Development: $155KMary T MagroganDirector, Recognition &…$155K

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.

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