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The Ruth K Broad Biomedical

Foundation · Grantmaker DURHAM, NC EIN: 65-0045051 Website

SUPPORT BASIC SCIENTIFIC RESEARCH, EDUCATION AND DISSEMINATION OF RESEARCH FINDINGS IN THE NEUROSCIENCES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$18.0M

+0.9% YoY

Annual Giving

$1.0M

+89.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$509K

+89.9% YoY

About The Ruth K Broad Biomedical

Based on IRS filings

The Ruth K Broad Biomedical is a nonprofit organization, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.0M in total assets. In 2024, it awarded 2 grants totaling $1.0M. Net investment income was $828K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Ann ArborDurhamLa JollaSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$285K$571K$856K$1M2020202120232024
Metric202420232021
Total Assets$17,985,119$17,816,997$19,461,345
Revenue$854,406$698,047$586,039
Expenses$1,037,317$568,108$520,826
Qualifying Distributions
Net Investment Income$828,402$690,355$531,039
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$254K$509K$763K$1M2 grants20202 grants20212 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

DUKE UNIVERSITY$892KTHE SALK INSTITUTE FOR B…$125K

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K4$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duke University ($892,069), The Salk Institute for Biological Studies ($125,000).

RecipientPurposeAmount
DUKE UNIVERSITY DURHAM, NCGENERAL RESEARCH SUPPORT$892,069
THE SALK INSTITUTE FOR BIOLOGICAL STUDIES LA JOLLA, CAGENERAL RESEARCH SUPPORT$125,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEPHEN G LISBERGERDIRECTOR0.1
RICHARD J O'BRIEN MDDIRECTOR0.1
JAMES MCNAMARA MDDIRECTOR0.1
COLIN DUCKETTDIRECTOR0.1
MICHAEL SHOLTZ JDDIRECTOR0.1
GEETA SWAMY MDDIRECTOR/PART YEAR CHAIRMAN0.1
KAREN B BERMANDIRECTOR0.1
DANIEL J BUSSELDIRECTOR1
DEBORAH BUSSELDIRECTOR/VICE PRESIDENT0.5
JOHN M BUSSELDIRECTOR/TREASURER0.1
MOIRA RYNN MDDIRECTOR0.1
CURTIS ALAN LOCKSHINDIRECTOR0.1
MANUEL F UTSET MDDIRECTOR0.1
HANNAH MOSHONTZ DE LA ROCHADIRECTOR0.1
HEATHER WHITSON MDDIRECTOR0.1
RALPH SNYDERMAN MDDIRECTOR/PART YEAR CHAIRMAN0.1
CATHLEEN DURGINSECRETARY2
ERICA KITCHENPRESIDENT/EXECUTIVE DIRECTOR2
JENNIFER GALLINAFORMER OFFICER0.1

Frequently Asked Questions

How large is The Ruth K Broad Biomedical?

As of 2024, The Ruth K Broad Biomedical holds $18.0M in total assets with $854K in annual revenue. It awarded 2 grants totaling $1.0M in 2024.

Where does The Ruth K Broad Biomedical operate?

The Ruth K Broad Biomedical has awarded grants in California, Michigan, Missouri, North Carolina.

What size grants does The Ruth K Broad Biomedical award?

In 2024, The Ruth K Broad Biomedical awarded 2 grants totaling $1.0M — an average of about $509K per grant, based on its IRS Form 990 filings.

What is The Ruth K Broad Biomedical's EIN?

The Ruth K Broad Biomedical's EIN (Employer Identification Number) is 65-0045051. IRS Form 990 filing data is available on this page for 2020–2024.

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

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