Maimonides Research & Development Foundation

Public charity · Grantmaker Brooklyn, NY EIN: 11-2608229

Maimonides research and development foundation was established exclusively for the educational, scientific, medical and charitable purposes carried on by maimonides medical center.

Maimonides Research & Development Foundation at a glance

In short: Maimonides Research & Development Foundation gave $487K across 1 grant in 2024 (avg $487K), mostly in New York. Source: 2024 IRS Form 990.

Annual giving (2024)
$486,728
+38.5% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$486,728
+38.5% vs 2023
Median grant
$486,728
Total assets
$22,470,558
+13.4% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

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

Who Maimonides Research & Development Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Maimonides Medical Center: $487KMaimonides Medical Center$487K

The largest 2024 recipient was Maimonides Medical Center ($487K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

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

States

Cities

Brooklyn

How Maimonides Research & Development Foundation gives

  • Giving grew 74% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $183K (2020) to $487K (2024). In 2024 it made 1 grant totaling $487K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Maimonides Medical Center Brooklyn, NYMedical Research$486,728
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$22,470,558$907,096$980,709$486,7281$630,160
2023$19,807,901$849,538$788,700$351,3691$573,323
2022$17,799,008$1,561,943$854,686$435,7021$1,276,943
2021$20,668,159$1,623,416$570,938$280,2681$1,338,416
2020$18,521,336$-315,594$407,666$183,3691$-601,594

About Maimonides Research & Development Foundation

Based on IRS filings

Maimonides Research & Development Foundation is a public charity focused on Medical Research, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 1 grant totaling $487K. Net investment income was $630K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Maimonides Research & Development Foundation is led by Patrick Borgen MD, President & Medical Director since 2021 (on filings since 2020); none of the 19 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Patrick Borgen MD

    President & Medical Director

    President & Med Director → President & Medical Director, 2021

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Steven Eisenstadt

    Chairman

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Afshin Razi MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ariel Schulman MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • David Cohen MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Edmund Schmidt

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Jeffrey Avner MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • John Marshall MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Kenneth Gibbs

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Marvin Eisenstadt

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sergey Motov MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Yu Shai Lin MD

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Anthony Kalloo MD

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Monica Ghitan MD

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Chaskel Rosenberg

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Juan Kupferman MD

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Donna Astion MD

    Treasurer

    Treasurer & Secretary → Treasurer, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Robert Machinist

    Vice President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Laurie Weinstein

    Secretary

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Former officers (10)
  • Former: Jacob Solome MD (2020–2023) — Director
  • Former: Chaskie Rosenberg (2021–2023) — Director
  • Former: Edward Fitzpatrick MD (2020–2022) — Director
  • Former: Harry Adler MD (2020–2022) — Director
  • Former: Joyce Leahy (2020–2022) — Former Director & Officer
  • Former: Thomas Smith DNP (2020–2021) — Director
  • Former: Edward Chapnick MD (2020) — Director
  • Former: Howard Minkoff MD (2020) — President & Med Director
  • Former: Stephan Kamholtz MD (2020) — Director
  • Former: William Solomon MD (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Maimonides Research & Development Foundation

How much does Maimonides Research & Development Foundation give each year?

Maimonides Research & Development Foundation gave $487K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $351K across 1 grant.

How large is Maimonides Research & Development Foundation?

Maimonides Research & Development Foundation reported $22.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $907K.

What is Maimonides Research & Development Foundation?

Maimonides Research & Development Foundation is a public charity focused on Medical Research, based in Brooklyn, NY. It holds $22.5M in total assets as of 2024.

Where does Maimonides Research & Development Foundation operate?

Maimonides Research & Development Foundation has awarded grants in New York.

What is Maimonides Research & Development Foundation's EIN?

Maimonides Research & Development Foundation's EIN (Employer Identification Number) is 11-2608229. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 3, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Maimonides Research & Development Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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