New York STEM Cell Foundation Inc
NEW YORK STEM CELL FOUNDATION INC is a public charity based in New York, NY. Its work includes conducting stem cell research through its Research Institute and supporting researchers at other institutions through fellowships and awards.
Key facts about New York STEM Cell Foundation Inc
In short: New York STEM Cell Foundation Inc gave $5.8M across 18 grants in 2025 (avg $322K), top state Massachusetts. 0% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 20-2905531
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $5,799,139
- Grants made (2025)
- 18
- Average grant
- $322,174
- Median grant
- $300,000
- New grantees (estimate)
- 0% first-time grantees (0 of 18, 2025)
- Total assets
- $61,911,047
- Primary geography
- Massachusetts (33% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$61.9M
-25.3% YoY
Annual Giving
$5.8M
-20.6% YoY
Grant Count
18
-21.7% YoY
Avg Grant Size
$322K
+1.4% YoY
Is New York STEM Cell Foundation Inc open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 18 grantees (0%) were first-time recipients. How we count
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s stated mission is to accelerate cures for major diseases through stem cell research. Its stated approach includes developing stem cell research tools and technologies, conducting research at its institute, and supporting research with partner institutions.
Its extramural programs include fellowships for postdoctoral scientists pursuing innovative stem cell research; five-year seed funding for early-career scientists conducting translational stem cell research; and five-year seed funding for neuroscientists pursuing research that could advance understanding of the brain. The foundation’s website says neuroscience investigator proposals do not need to involve stem cells.
Its 2025 grantees included universities, hospitals, and research institutes. For example, Monell Chemical Senses Center received a grant; Monell describes its own mission as advancing knowledge of taste, smell, and chemosensory irritation. New York University received a grant in 2024 and describes its missions as education, research and scholarship, and patient care.
Grantmaking
In filing year 2025, the foundation reported 18 grants totaling $5,799,139. Grant amounts ranged from $61,000 to $600,000, with a median of $300,000.
Open Grants
4 open opportunities from New York STEM Cell Foundation Inc
NYSCF Fellowship Program
New York STEM Cell Foundation Inc
Amount
$58,500 annually plus $2,500 for computer and travel expenses
Deadline
Rolling / Open
NYSCF–Robertson Investigator Awards (Neuroscience Investigator Award)
New York STEM Cell Foundation Inc
Amount
Varies
Deadline
Rolling / Open
NYSCF–Robertson Investigator Awards (Stem Cell Investigator Award)
New York STEM Cell Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with New York STEM Cell Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grants went to recipients in multiple states. By grant dollars, the largest reported shares were Massachusetts (33%), New York (24%), New Jersey (10%), California (10%), and Washington (5%). The fellowship program information specifies eligible institutions in New York, New Jersey, or Connecticut; the investigator awards are described as open to applicants from any institution.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $5.8M (2025) to $8.4M (2022). In 2025 it made 18 grants totaling $5.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Princeton University ($600K). Together the top 10 received $3.8M.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was in the $250–500K range: 61 grants of 111 (55%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Princeton University Princeton, NJ | Fellowship & Grant | $600,000 |
| University of California San Francisco Los Angeles, CA | GRANT | $600,000 |
| Massachusetts General Hospital Boston, MA | Fellowship & Grant | $361,000 |
| Harvard College Boston, MA | Fellowship & Grant | $361,000 |
| Columbia University New York, NY | Fellowship & Grant | $361,000 |
| University of Washington Seattle, WA | GRANT | $300,000 |
| University of Texas Southwestern Medical Dallas, TX | GRANT | $300,000 |
| The Brigham and Women's Hospital Boston, MA | GRANT | $300,000 |
| New York University New York, NY | GRANT | $300,000 |
| Monell Chemical Senses Center Philadelphia, PA | GRANT | $300,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2025 | $61,911,047 | $25,906,400 | $40,355,573 | $5,799,139 across 18 grants |
| 2024 | $82,924,502 | $23,063,063 | $44,407,596 | $7,305,691 across 23 grants |
| 2023 | $93,436,824 | $30,392,844 | $43,475,154 | $8,326,077 across 22 grants |
The foundation’s 2024 filing narrative says adoption of the new lease-accounting standard increased its net right-of-use asset by $29,320,971 and its net operating lease liability by $39,708,748 as of June 30, 2024.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $61,911,047 | $82,924,502 | $93,436,824 |
| Revenue | $25,906,400 | $23,063,063 | $30,392,844 |
| Expenses | $40,355,573 | $44,407,596 | $43,475,154 |
| Net Investment Income | $23,048 | $104,026 | $65,325 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Roy Geronemus as chairman and director. It also lists Margo Alexander as former treasurer and director, and Derrick Rossi, Karen Burke, Francesco Clark, Richard J Massey, Paul Goldberger, Paul M Meister, Siddhartha Mukherjee, and Stephen M Ross as directors.
New York STEM Cell Foundation Inc is led by Jennifer Raab, President & CEO on the 2025 filing; 7 of 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jennifer Raab
President & CEO
New on the 2025 filing
40 hrs/week
$698K (2025)
Roy Geronemus
Chairman & Director
On filings since 2019
6 hrs/week
No compensation reported
Karen E. Burke MD PhD
Director
On filings since 2019
3 hrs/week
No compensation reported
Margo Alexander
Former Treasurer & Director
Treasurer & Director → Former Treasurer & Director, 2025
On filings since 2019
6 hrs/week
No compensation reported
Marilyn G. Breslow
Director
On filings since 2019
3 hrs/week
No compensation reported
Paul Goldberger
Director
On filings since 2019
3 hrs/week
No compensation reported
Paul M. Meister
Director
On filings since 2019
3 hrs/week
No compensation reported
Richard J. Massey
Director
On filings since 2019
3 hrs/week
No compensation reported
Stephen M. Ross
Director
On filings since 2019
3 hrs/week
No compensation reported
Stephen M. Scherr
Director
On filings since 2019
3 hrs/week
No compensation reported
Francesco Clark
Director
On filings since 2020
3 hrs/week
No compensation reported
Clyde Williams
Director
On filings since 2021
3 hrs/week
No compensation reported
Derrick Rossi
Director
Director → Director & Acting CEO, 2023
Director & Acting CEO → Director, 2025
On filings since 2021
3 hrs/week
No compensation reported
Siddhartha Mukherjee
Director
On filings since 2021
3 hrs/week
No compensation reported
Kay Unger
Director
On filings since 2022
3 hrs/week
No compensation reported
Daniel Paull
Vice President & Stem Cell
Vice President & Stem Cell Tech → Vice President & Stem Cell Technology Platforms, 2023
Vice President & Stem Cell Technology Platforms → Vice President & Stem Cell, 2025
On filings since 2019
40 hrs/week
$238K (2019) → $398K (2025)
Frederick Monsma
Senior Vice President & Sci
Senior Vice President & Scientific Oper → Senior Vice President & Scientific Operations, 2023
Senior Vice President & Scientific Operations → Senior Vice President & Sci, 2025
On filings since 2019
40 hrs/week
$254K (2019) → $308K (2025)
Jeffrey Wallerstein
CFO & COO
Chief Financial & Operating → Chief Financial & Operating Officer, 2021
Chief Financial & Operating Officer → CFO & COO, 2023
On filings since 2019
40 hrs/week
$407K (2019) → $579K (2025)
Christine Lin
Chief Advancement Officer
On filings since 2021
40 hrs/week
$274K (2021) → $319K (2025)
David McKeon
Chief of Staff
On filings since 2022
40 hrs/week
$252K (2022) → $291K (2025)
Howard Kim
Vice President & Cell Theory
New on the 2025 filing
40 hrs/week
$286K (2025)
Former officers (11)
- Former: George Lazarus (2019–2024) — Director
- Former: Scott Noggle (2019–2024) — Senior Vice President & Research
- Former: Peggy Brim (2023–2024) — Director
- Former: Simi Ahmed (2023–2024) — Senior Vice President & Strategic Partnerships
- Former: Jennifer Raab See Sch O. (2024) — President & CEO
- Former: Susan L. Solomon (2019–2023) — CEO
- Former: Peggy Brim Bewkes (2019–2022) — Director
- Former: Elizabeth Schwarzbach (2019–2021) — Chief Business Officer
- Former: Kay Unger Director (2020–2021) — Director
- Former: Anita Volz Wien (2019–2020) — Director
- Former: Melissa Nirenberg (2019–2020) — Former Chief Medical Officer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $698K, to Jennifer Raab (President and CEO). 7 officers or directors reported compensation on that filing.
Contact
Mailing address: 619 West 54Th Street 3Rd Fl, New York, NY 10019
Phone: (212) 365-7428
Website: https://nyscf.org
Frequently asked questions about New York STEM Cell Foundation Inc
How much does New York STEM Cell Foundation Inc give each year?
New York STEM Cell Foundation Inc gave $5.8M across 18 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.3M across 23 grants.
What is New York STEM Cell Foundation Inc's typical grant size?
New York STEM Cell Foundation Inc's median grant in 2025 was $300,000, and its average grant was $322,174, across 18 grants on its 2025 IRS Form 990.
Where does New York STEM Cell Foundation Inc give grants?
New York STEM Cell Foundation Inc's top state is Massachusetts, with 33% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New York (24%) and New Jersey (10%). The most frequent recipient cities were Boston, MA (5 grants) and New York, NY (5 grants).
Does New York STEM Cell Foundation Inc give general operating support?
Not in 2025: none of the 18 grants with a stated purpose on New York STEM Cell Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Grant" (11 grants) and "Fellowship & Grant" (5 grants).
Who are New York STEM Cell Foundation Inc's largest grantees?
New York STEM Cell Foundation Inc's largest 2025 grantees include Princeton University ($600,000), University of California San Francisco ($600,000) and Massachusetts General Hospital ($361,000), according to its 2025 IRS Form 990. Together they received 27% of its itemized 2025 grant dollars.
How large is New York STEM Cell Foundation Inc?
New York STEM Cell Foundation Inc reported $61.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $25.9M.
What does New York STEM Cell Foundation Inc fund?
The foundation’s stated mission is to accelerate cures for major diseases through stem cell research. Its stated approach includes developing stem cell research tools and technologies, conducting research at its institute, and supporting research with partner institutions. See mission & focus areas ↑
How do I apply for a grant from New York STEM Cell Foundation Inc?
New York STEM Cell Foundation Inc has no public application process in the sources Grantable reviewed. Check nyscf.org for current guidelines, or contact the foundation directly before submitting a request.
What is New York STEM Cell Foundation Inc's EIN?
New York STEM Cell Foundation Inc's EIN (Employer Identification Number) is 20-2905531. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching New York STEM Cell Foundation Inc by hand.
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