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