MAIMONIDES RESEARCH AND DEVELOPMENT FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR THE EDUCATIONAL, SCIENTIFIC, MEDICAL AND CHARITABLE PURPOSES CARRIED ON BY MAIMONIDES MEDICAL CENTER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.5M
+13.4% YoY
Annual Giving
$487K
+38.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$487K
+38.5% YoY
About Maimonides Research & Development Foundation
Based on IRS filings
Maimonides Research & Development Foundation is a nonprofit organization 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 grants totaling $487K. Net investment income was $630K.
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 | $22,470,558 | $19,807,901 | $17,799,008 |
| Revenue | $907,096 | $849,538 | $1,561,943 |
| Expenses | $980,709 | $788,700 | $854,686 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $630,160 | $573,323 | $1,276,943 |
| 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 1 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| PATRICK BORGEN MD | PRESIDENT/MEDICAL DIRECTOR | 0.5 | — |
| KENNETH GIBBS | DIRECTOR | 0.5 | — |
| JOHN MARSHALL MD | DIRECTOR | 0.5 | — |
| LAURIE WEINSTEIN | SECRETARY | 0.5 | — |
| DAVID COHEN MD | DIRECTOR | 0.5 | — |
| AFSHIN RAZI MD | DIRECTOR | 0.5 | — |
| JEFFREY AVNER MD | DIRECTOR | 0.5 | — |
| ARIEL SCHULMAN MD | DIRECTOR | 0.5 | — |
| SERGEY MOTOV MD | DIRECTOR | 0.5 | — |
| ANTHONY KALLOO MD | DIRECTOR THRU 12/24 | 0.5 | — |
| MONICA GHITAN MD | DIRECTOR THRU 6/24 | 0.5 | — |
| EDMUND SCHMIDT | DIRECTOR | 0.5 | — |
| YU SHAI LIN MD | DIRECTOR | 0.5 | — |
| JUAN KUPFERMAN MD | DIRECTOR AS OF 9/24 | 0.5 | — |
| STEVEN EISENSTADT | CHAIRMAN | 0.5 | — |
| ROBERT MACHINIST | VICE PRESIDENT | 0.5 | — |
| DONNA ASTION MD | TREASURER | 0.5 | — |
| CHASKEL ROSENBERG | DIRECTOR | 0.5 | — |
| MARVIN EISENSTADT | DIRECTOR THRU 12/24 | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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