The Ruth K Broad Biomedical Research Foundation
Support basic scientific research, education and dissemination of research findings in the neurosciences.
Key facts about The Ruth K Broad Biomedical Research Foundation
In short: The Ruth K Broad Biomedical Research Foundation gave $888K across 2 grants in 2025 (avg $444K), mostly in North Carolina. Source: 2025 IRS Form 990.
- EIN
- 65-0045051
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $888,400
- Grants made (2025)
- 2
- Average grant
- $444,200
- Median grant
- $444,200
- Total assets
- $18,487,073
- Primary geography
- North Carolina (86% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$18.5M
+2.8% YoY
Annual Giving
$888K
-12.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$444K
-12.7% YoY
How The Ruth K Broad Biomedical Research Foundation gives
- Giving grew 67% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About The Ruth K Broad Biomedical Research Foundation
Based on IRS filings
The Ruth K Broad Biomedical Research Foundation is a public charity, based in Durham, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $18.5M in total assets. In 2025, it awarded 2 grants totaling $888K. Net investment income was $828K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $419K (2020) to $1.0M (2024). In 2025 it made 2 grants totaling $888K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Duke University ($763K). Together the top 2 received $888K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 10 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University Durham, NC | General Research Support | $763,400 |
| The Salk Institute for Biological Studies La Jolla, CA | General Research Support | $125,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,487,073 | $17,985,119 | $17,816,997 |
| Revenue | $879,876 | $854,406 | $698,047 |
| Expenses | $905,476 | $1,037,317 | $568,108 |
| Net Investment Income | $828,402 | $828,402 | $690,355 |
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 16, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- 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
Officers and directors from IRS filings
The Ruth K Broad Biomedical Research Foundation is led by Erica Kitchen, President & Executive Director since 2024 (on filings since 2020); none of the 20 officers listed in 2025 report compensation.
Officers on the 2025 filing
Erica Kitchen
President & Executive Director
Secretary → President & Executive Director, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Geeta Swamy MD
Director & Chairman
Director → Director & Chairman, 2025
On filings since 2024
0.1 hrs/week
No compensation reported
Colin Duckett
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Curtis Alan Lockshin
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Daniel J. Bussel
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Deborah Bussel
Director & Vice President
Director → Director & Vice President, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
James McNamara MD
Director
On filings since 2020
0.1 hrs/week
No compensation reported
John M. Bussel
Director
Director & Treasurer → Director, 2025
On filings since 2020
0.1 hrs/week
No compensation reported
Karen A. B. Berman
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Manuel F. Utset MD
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Michael Sholtz JD
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Richard J. O'Brien MD
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Stephen G. Lisberger
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Heather Whitson MD
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Hannah Moshontz De La Rocha
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Moira Rynn MD
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Ralph Snyderman MD
Former Officer
Director & Chairman → Director, 2024
Director → Former Officer, 2025
On filings since 2020
No compensation reported
Jennifer Gallina
Former Officer
President → Former Officer, 2023
On filings since 2021
No compensation reported
Cathleen Durgin
Secretary
On filings since 2024
2 hrs/week
No compensation reported
Barbara Hough
Treasurer
New on the 2025 filing
0.1 hrs/week
No compensation reported
Former officers (6)
- Former: Ellen R. Luken (2020–2023) — President
- Former: Ruth Dzau (2020–2023) — Director
- Former: Hannah Moshontz (2021–2022) — Director
- Former: Ann B. Bussel (2020) — Director & Vice President
- Former: Joel L. Fleishman (2020) — Director
- Former: Ralph McCaughan (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Ruth K Broad Biomedical Research Foundation
How much does The Ruth K Broad Biomedical Research Foundation give each year?
The Ruth K Broad Biomedical Research Foundation gave $888K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.0M across 2 grants.
How large is The Ruth K Broad Biomedical Research Foundation?
The Ruth K Broad Biomedical Research Foundation reported $18.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $880K.
Where does The Ruth K Broad Biomedical Research Foundation operate?
The Ruth K Broad Biomedical Research Foundation has awarded grants in California, Michigan, Missouri, North Carolina.
What is The Ruth K Broad Biomedical Research Foundation's EIN?
The Ruth K Broad Biomedical Research Foundation's EIN (Employer Identification Number) is 65-0045051. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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