The New York Stem Cell Foundation (NYSCF) is a 501(c)(3) nonprofit research institute headquartered on the far west side of Manhattan in New York City. Founded in 2005, NYSCF operates as an independent research organization focused on stem cell research, technology development, and funding early-career investigators and postdoctoral fellows. The organization employs 164 staff members, including scientists, technicians, engineers, and administrative personnel. Since its inception, NYSCF has raised and invested more than $400 million for stem cell research.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$82.9M
-11.3% YoY
Annual Giving
$7.3M
-12.3% YoY
Grant Count
23
+4.5% YoY
Avg Grant Size
$318K
-16.1% YoY
Mission & Focus Areas
NYSCF's mission is to accelerate cures for major diseases of our time through stem cell research. The organization was founded in response to the need for robust stem cell research investment and initially focused on type 1 diabetes research.
The foundation currently maintains disease research focuses in:
- Alzheimer's Disease
- Autism Spectrum Disorder
- Diabetes
- Macular Degeneration
- Multiple Sclerosis
- Parkinson's Disease
- Psychiatric Disease
- Women's Reproductive Cancers
Grantmaking
NYSCF provides fellowships and grants to support stem cell research. Recent grant activity shows:
Average Grant
amount:** $7,312–$961,000
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Geographic Focus
Where this funder awards grants
NYSCF's grantmaking priorities include Massachusetts, New York, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $82,924,502
- Total Revenue: $23,063,063
- Total Expenses: $44,407,596
- Total Liabilities: $59,000,000 (as of 2023)
Historical Financial Data:
- 2023 Revenue: $30.4M
- 2023 Expenses: $43.5M
- 2023 Total Assets: $93.4M
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $82,924,502 | $93,436,824 | $68,785,441 |
| Revenue | $23,063,063 | $30,392,844 | $37,512,270 |
| Expenses | $44,407,596 | $43,475,154 | $41,703,809 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $104,026 | $65,325 | $2,574 |
| 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 10 recipients in 2024
Grant Size Distribution
115 grants across all recorded years
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
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Founder: Susan L. Solomon (lawyer and entrepreneur) and Mary Elizabeth Bunzel (former journalist)
- CEO: Derrick J. Rossi, PhD
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROY GERONEMUS | CHAIRMAN & DIRECTOR | 6 | — |
| MARGO ALEXANDER | TREASURER & DIRECTOR | 6 | — |
| DERRICK ROSSI | DIRECTOR & ACTING CEO (UNTIL 1/7/24) | 3 | — |
| KAREN BURKE | DIRECTOR | 3 | — |
| FRANCESCO CLARK | DIRECTOR | 3 | — |
| RICHARD J MASSEY | DIRECTOR | 3 | — |
| PAUL GOLDBERGER | DIRECTOR | 3 | — |
| PAUL M MEISTER | DIRECTOR | 3 | — |
| SIDDHARTHA MUKHERJEE | DIRECTOR | 3 | — |
| STEPHEN M ROSS | DIRECTOR | 3 | — |
| KAY UNGER | DIRECTOR | 3 | — |
| STEPHEN M SCHERR | DIRECTOR | 3 | — |
| CLYDE WILLIAMS | DIRECTOR | 3 | — |
| MARILYN BRESLOW | DIRECTOR | 3 | — |
| GEORGE LAZARUS | DIRECTOR | 3 | — |
| PEGGY BRIM | DIRECTOR | 3 | — |
| JENNIFER RAAB SEE SCH O | PRESIDENT AND CEO (1/8/24) | 40 | — |
| JEFFREY WALLERSTEIN | CFO & COO | 40 | $601,218 |
| DANIEL PAULL | VICE PRESIDENT, STEM CELL TECHNOLOGY PLATFORMS | 40 | $372,378 |
| FREDERICK MONSMA | SENIOR VICE PRESIDENT, SCIENTIFIC OPERATIONS | 40 | $317,695 |
| CHRISTINE LIN | CHIEF ADVANCEMENT OFFICER | 40 | $314,283 |
| SIMI AHMED | SENIOR VICE PRESIDENT, STRATEGIC PARTNERSHIPS | 40 | $295,196 |
| SCOTT NOGGLE | SENIOR VICE PRESIDENT, RESEARCH | 40 | $288,010 |
Recent News & Activity
Recent developments and announcements
NYSCF received a $27 million grant from the Robertson Foundation to promote stem cell research. The organization has also expanded its research capabilities through a pioneering alliance with The Jackson Laboratory, which ushers in a new era of predictive biomedical research by combining complementary scientific strengths in mouse genetics, human stem cell systems, and data science.
The New York Stem Cell Foundation Receives $27 Million Grant From RobertsonSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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