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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

What could you do with Nfx on Grantable?

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