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Nfx

DETROIT, MI EIN: 82-1672519 Website

THE ORGANIZATION FOLLOWS THE MISSION AS SET FORTH IN ITS ARTICLES OF INCORPORATION. IT HAS NOT YET ADOPTED A SEPARATE MISSION STATEMENT.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.3M

-43.7% YoY

Annual Giving

$14.7M

+176.5% YoY

Grant Count

18

+200.0% YoY

Avg Grant Size

$819K

-7.8% YoY

About Nfx

Based on IRS filings

Nfx is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 18 grants totaling $14.7M. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

BaltimoreBaton RougeBirminghamBloomingtonBostonCincinnatiColumbusDurhamNew YorkPalo AltoPhiladelphiaRedwood CityRichmondSan FranciscoSt LouisWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$17M20202021202220232024
Metric202420232022
Total Assets$10,349,543$18,398,741$14,506,455
Revenue$6,883,911$9,521,090$8,115,909
Expenses$15,111,434$5,386,586$4,721,535
Qualifying Distributions
Net Investment Income$2,158$1,315$29,585
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$7M$11M$15M3 grants20203 grants20213 grants20226 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHILDREN'S HOSPITAL OF P…$3.0MSTANFORD UNIVERSITY$2.5MCHILDREN'S TUMOR FOUNDAT…$1.5MUNIVERSITY OF ALABAMA AT…$1.2MWASHINGTON UNIVERSITY$888KCHILDREN'S HOSPITAL CORP…$859KBATTELLE MEMORIAL INSTIT…$619KUNIVERSITY OF MASSACHUSE…$538KTHE GENERAL HOSPITAL COR…$428KUNIVERSITY OF CALIFORNIA…$396K

Grant Size Distribution

33 grants across all recorded years

<$50K$50–100K$100–250K13$250–500K8$500K–1M12$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Children's Hospital of Philadelphia ($3,023,731), Stanford University ($2,492,685), Children's Tumor Foundation ($1,500,000).

RecipientPurposeAmount
CHILDREN'S TUMOR FOUNDATION NEW YORK, NYSUPPORT FOR NEUROFIBROMATOSIS RESEARCH$1,500,000
STANFORD UNIVERSITY REDWOOD CITY, CASUPPORT FOR NEUROFIBROMATOSIS RESEARCH$2,492,685
THE RESEARCH INSTITUTE AT NATIONWIDE COLUMBUS, OHSUPPORT FOR NEUROFIBROMATOSIS RESEARCH$326,633
DUKE UNIVERSITY DURHAM, NCSUPPORT FOR NEUROFIBROMATOSIS RESEARCH$360,000
PENNINGTON BIOMEDICAL RESEARCH CENTER BATON ROUGE, LASUPPORT FOR NEUROFIBROMATOSIS RESEARCH$360,000
THE GENERAL HOSPITAL CORPORATION BOSTON, MASUPPORT FOR NEUROFIBROMATOSIS RESEARCH$427,713
CHILDREN'S HOSPITAL OF PHILADELPHIA PHILADELPHIA, PASUPPORT FOR NEUROFIBROMATOSIS RESEARCH$3,023,731
UNIVERSITY OF ALABAMA AT BIRMINGHAM BIRMINGHAM, ALSUPPORT FOR NEUROFIBROMATOSIS RESEARCH$1,184,294
WASHINGTON UNIVERSITY ST LOUIS, MOSUPPORT FOR NEUROFIBROMATOSIS RESEARCH$887,596
CHILDREN'S HOSPITAL CORPORATION BOSTON, MASUPPORT FOR NEUROFIBROMATOSIS RESEARCH$859,027

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JENNIFER GILBERTPRESIDENT0.5
MATTHEW RIZIKTREASURER & SECRETARY0.5
JEFFREY MORGANROTHDIRECTOR0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nfx?

Nfx is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in DETROIT, MI. It holds $10.3M in total assets as of 2024.

How large is Nfx?

As of 2024, Nfx holds $10.3M in total assets with $6.9M in annual revenue. It awarded 18 grants totaling $14.7M in 2024.

Where does Nfx operate?

Nfx has awarded grants in Alabama, California, Indiana, Louisiana, Massachusetts, Maryland, Missouri, North Carolina, New York, Ohio, Pennsylvania, Virginia.

What size grants does Nfx award?

In 2024, Nfx awarded 18 grants totaling $14.7M — an average of about $819K per grant, based on its IRS Form 990 filings.

What is Nfx's EIN?

Nfx's EIN (Employer Identification Number) is 82-1672519. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

Similar funders by location and focus area

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

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