LICR FUND, INC. IS A SUPPORTING ORGANIZATION OF THE LUDWIG INSTITUTE FOR CANCER RESEARCH LTD ("THE INSTITUTE") AND PROVIDES GRANTS AND/OR OTHER ASSISTANCE TO THE INSTITUTE TO SUPPORT THE INSTITUTE'S CONDUCT OF MEDICAL RESEARCH ACTIVITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9B
+7.2% YoY
Revenue
$79.0M
+132.4% YoY
Net Investment Income
$79.0M
+132.8% YoY
Expenses
$69.0M
-10.3% YoY
About Licr Fund Inc
Based on IRS filings
Licr Fund Inc is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9B in total assets. Net investment income was $79.0M.
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 | $1,936,672,464 | $1,806,261,123 | $1,719,889,219 |
| Revenue | $79,026,554 | $34,011,187 | $69,314,681 |
| Expenses | $69,041,808 | $76,939,694 | $83,766,381 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $79,002,510 | $33,937,721 | $69,267,490 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| XING CHEN | DIRECTOR, PRESIDENT, CIO | 39 | — |
| DR CHI VAN DANG | DIRECTOR | 2 | — |
| EDWARD A MCDERMOTT JR | DIR, BOARD CHAIR (FROM 7/24) | 2 | $37,500 |
| AVANTIKA PATEL | VICE PRESIDENT | 40 | — |
| CHRISTOPHER T CONROY | TREASURER | 28 | — |
| ALEXANDER BORISSOV | SECRETARY | 3 | — |
| JOHN L NOTTER | DIR, BOARD CHAIR (END 6/24) | 2 | $45,000 |
| JOHN D GORDAN III | DIRECTOR | 1 | $30,000 |
| DR JEDD D WOLCHOK | DIRECTOR | 2 | $30,000 |
| NICOLAS KILLEN | DIRECTOR | 2 | $30,000 |
| JUDGE BARBARA S JONES | DIRECTOR | 2 | $30,000 |
| DR NANCY ELLEN DAVIDSON | DIRECTOR | 2 | $30,000 |
| ALEXANDRA JOHNSON | DIRECTOR | 2 | $30,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Licr Fund Inc?
Licr Fund Inc is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. It holds $1.9B in total assets as of 2024.
How large is Licr Fund Inc?
As of 2024, Licr Fund Inc holds $1.9B in total assets with $79.0M in annual revenue.
Where does Licr Fund Inc operate?
Licr Fund Inc has awarded grants in Massachusetts.
What is Licr Fund Inc's EIN?
Licr Fund Inc's EIN (Employer Identification Number) is 13-3573053. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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