The Stanley Medical Research Institute
To find the cause(s) of and better pharmacological treatments for schizophrenia and bipolar disorder.
Key facts about The Stanley Medical Research Institute
In short: The Stanley Medical Research Institute gave $3.8M across 10 grants in 2024 (avg $384K), mostly in Maryland. 10% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 06-1610506
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $3,844,217
- Grants made (2024)
- 10
- Average grant
- $384,422
- Median grant
- $103,199
- New grantees (estimate)
- 10% first-time grantees (1 of 10, 2024; small sample)
- Total assets
- $93,256,062
- Primary geography
- Maryland (88% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$93.3M
+8.8% YoY
Annual Giving
$3.8M
+0.5% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$384K
+10.5% YoY
Is The Stanley Medical Research Institute open to new grantees?
10%
first-time grantees, 2024
In 2024, 1 of 10 grantees (10%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $89K; repeat grants $417K. How we count
Medians: $89K first-time, $107K repeat.
- 80% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+7%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
About The Stanley Medical Research Institute
Based on IRS filings
The Stanley Medical Research Institute is a public charity focused on Medical Research, based in Rockville, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $93.3M in total assets. In 2024, it awarded 10 grants totaling $3.8M. Net investment income was $6.3M.
Focus Areas
Open Grants
1 open opportunity from The Stanley Medical Research Institute
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.5M (2020) to $3.8M (2024). In 2024 it made 10 grants totaling $3.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Johns Hopkins University - RHY ($2.6M). Together the top 10 received $3.8M.
Grant Size Distribution
53 grants across all recorded years
The most common grant size was under $50K: 17 grants of 53 (32%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Johns Hopkins University - RHY Baltimore, MD | Neurovirology Studies-Earmarked for Dr.yolken | $2,564,105 |
| Sheppard Pratt Baltimore, MD | Neurovirology Studies-Earmarked for Dr.dickerson | $588,013 |
| University of Maryland Baltimore - RB Columbia, MD | Treatment Trials-Earmarked for Dr.buchanan | $147,656 |
| The Regents of the Univ of California Los Angeles, CA | Treatment Trials-Earmarked for Dr.marder | $126,223 |
| University of Pittsburgh Pittsburgh, PA | Treatment Trials-Earmarked for Dr.nimgaonkar and Dr.chengappa | $107,392 |
| Treatment Advocacy Center Arlington, VA | TAC Grant for Yearly Expenses | $99,005 |
| The McLean Hospital Corporation Belmont, MA | Treatment Trials-Earmarked for Dr.ongur | $89,197 |
| Vanpelt Biosciences LLC Montgomery Village, MD | Treatment Trials-Earmarked for Dr.nimgaonkar | $75,000 |
| Augusta University Research Institute Hapeville, GA | Treatment Trials-Earmarked for Dr.miller | $29,547 |
| UT Southwestern Medical Center - SB Dallas, TX | Treatment Trials-Earmarked for Dr.brown | $18,079 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $93,256,062 | $85,710,224 | $78,471,572 |
| Revenue | $6,297,768 | $4,628,611 | $4,203,285 |
| Expenses | $6,719,202 | $6,605,151 | $6,508,094 |
| Net Investment Income | $6,278,668 | $4,607,141 | $4,179,149 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Stanley Medical Research Institute is led by Maree J. Webster See Sched L., Executive Director on every filing since 2022; 4 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Maree J. Webster See Sched L.
Executive Director
On filings since 2022
40 hrs/week
$213K (2022) → $248K (2024)
Robert Yolken See Sched O.
Trustee
On filings since 2020
5 hrs/week
$36K (2020) → $36K (2024)
Barbara Torrey
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Jonathan Stanley
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Steven Jones
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Michael Knable See Sched L.
Trustee
On filings since 2022
0.1 hrs/week
No compensation reported
E. Fuller Torrey See Sched O.
Associate Director for Rea
Associate Director for Reasearch → Associate Director for Rea, 2023
On filings since 2020
24 hrs/week
$25K (2020) → $25K (2024)
Sanghyeon Kim
Associate Director of Database Mg
Associate Director of Database Management → Associate Director of Database Mg, 2023
On filings since 2020
40 hrs/week
$103K (2020) → $124K (2024)
Former officers (2)
- Former: Maree J. Webster (2020–2021) — Executive Director
- Former: Michael Knable (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $248K, to Maree J Webster See Sched L (Executive Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about The Stanley Medical Research Institute
How much does The Stanley Medical Research Institute give each year?
The Stanley Medical Research Institute gave $3.8M across 10 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.8M across 11 grants.
What is The Stanley Medical Research Institute's typical grant size?
The Stanley Medical Research Institute's median grant in 2024 was $103,199, and its average grant was $384,422, across 10 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Stanley Medical Research Institute that year got $89K on average.
Where does The Stanley Medical Research Institute give grants?
The Stanley Medical Research Institute gives mostly in Maryland: 88% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Baltimore, MD (2 grants).
Does The Stanley Medical Research Institute give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on The Stanley Medical Research Institute's 2024 IRS Form 990 were described as general or operating support.
Who are The Stanley Medical Research Institute's largest grantees?
The Stanley Medical Research Institute's largest 2024 grantees include Johns Hopkins University - RHY ($2,564,105), Sheppard Pratt ($588,013) and University of Maryland Baltimore - RB ($147,656), according to its 2024 IRS Form 990. Together they received 86% of its itemized 2024 grant dollars.
How large is The Stanley Medical Research Institute?
The Stanley Medical Research Institute reported $93.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.3M.
What is The Stanley Medical Research Institute?
The Stanley Medical Research Institute is a public charity focused on Medical Research, based in Rockville, MD. It holds $93.3M in total assets as of 2024.
What is The Stanley Medical Research Institute's EIN?
The Stanley Medical Research Institute's EIN (Employer Identification Number) is 06-1610506. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Stanley Medical Research Institute by hand.
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