Burroughs Wellcome Fund
Donations deductibleRevenue
$66.2m
year to 31 August 2025
Expenses
$44.9m
year to 31 August 2025
Total assets
$885.7m
year to 31 August 2025
Net assets
$796.9m
assets less liabilities
Directors and trustees
16
2.7 years on average
Left since last filing
0
no seats appear to have opened
Activity
T21
Philanthropy, voluntary services and grantmaking
Filings on record
5
latest 2024
Burroughs Wellcome Fund's network
16 people1 organisationi16 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (16). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
16 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Dr Jenny Ting Chair | Board Member, Board Chair | 2024 | 2 yrs |
| Mr Michael Giarla Chair | Board Member, Investment Chair | 2024 | 2 yrs |
| Dr Brenda Andrews | Board Member | 2024 | 2 yrs |
| Dr Brian Drucker | Board Member | 2024 | 2 yrs |
| Dr Christine Seidman | Board Member | 2024 | 2 yrs |
| Dr Geoffrey Gerber | Board Member/Invest Committee | 2024 | 2 yrs |
| Dr Harmit Malik | Board Member | 2024 | 2 yrs |
| Dr Kafui Dzirasa | Board Member | 2024 | 2 yrs |
| Dr Kelsey Martin | Board Member | 2024 | 2 yrs |
| Dr Paula Hammond | Board Member | 2024 | 2 yrs |
| Dr Robert Lefkowitz | Board Member | 2024 | 2 yrs |
| Dr Terrence Dermody | Board Member&liason Invst Comm | 2024 | 2 yrs |
| Dr Wendell LIM | Board Member/Invest Committee | 2024 | 2 yrs |
| Louis Muglia | President - Director | 2020 | 6 yrs |
| Ms Deborah Blum | Board Member | 2024 | 2 yrs |
| Ms Lauretta Reeves | Board Member/Invest Committee | 2024 | 2 yrs |
Pay and hours
year to 31 August 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Louis Muglia | President - Director | 38 | $519k | ||
| Ken Browndorf | Vice President, Finance & CFO | 38 | $275k | ||
| Dr Brenda Andrews | Board Chair | 1 | $15k | ||
| Mr Michael Giarla | Board Member, Investment Chair | 1 | $12k | ||
| Dr Christine Seidman | Board Member/Invest Committee | 1 | $12k | ||
| Dr Brian Druker | Board Member | 1 | $10k | ||
| Ms Deborah Blum | Board Member | 1 | $10k | ||
| Dr Harmit Malik | Board Member | 1 | $10k | ||
| Dr Kafui Dzirasa | Board Member | 1 | $10k | ||
| Dr Wendell Lim | Board Member | 1 | $10k | ||
| Dr Cynthia K Larive | Board Member-As of 10/31/24 | 1 | $10k | ||
| Dr Blossom Damania | Board Member-As of 10/31/24 | 1 | $10k | ||
| Dr Geoffrey Gerber | Investment Committee | 1 | $2k | ||
| Ms Lauretta Reeves | Investment Committee | 1 | $2k | ||
| Mr Tim Hasara | Investment Committee | 1 | $2k | ||
| Ms Melissa Nigro | Investment Committee | 1 | $1k | ||
| Dr Jenny Ting | Board Member, Chair-Thru 10/24 | 1 | $0 | ||
| Dr Robert Lefkowitz | Board Member-Thru 02/2025 | 1 | $0 | ||
| Dr Paula Hammond | Board Member-Thru 10/31/24 | 1 | $0 | ||
| Mr James Hirschman | Invest Committee-Thru 10/31/24 | 1 | $0 |
About
- Legal name
- Burroughs Wellcome Fund
- EIN
- 237225395
- Address
- 21tw Alexander Drive, RTP, NC, 27709
- State
- North Carolina
- Activity (NTEE)
- T21 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 9 (IRS master file code)
- IRS ruling date
- 1 October 1972
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PF (contributions deductible)
Most connected
Longest observed on the filings
≥6years on the filingsLouis Muglia
≥2years on the filingsDr Jenny Ting
≥2years on the filingsMr Michael Giarla
≥2years on the filingsDr Brenda Andrews
Latest return
year to 31 August 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 August 2025. US dollars, as filed.- Total assets
- $885.7m
- Net assets or fund balances
- $796.9m
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $0 | $45.5m | Deficit $45.5m |
As filed on the IRS Form 990. US dollars.