Public Charity

THE HEKTOEN INSTITUTE OF MEDICINE

THE HEKTOEN INSTITUTE OF MEDICINE is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $18.9M revenue, $16.8M expenses, $80.1M total assets. 90 publicly reported grants to this organization, totaling roughly $36.3M, appear in IRS filings.

EIN: 362244897 CHICAGO, IL Research Institutes & Public Policy Analysis NTEE: E05 Latest filing: 2025
Total Revenue$18.9M
Total Expenses$16.8M
Total Assets$80.1M
Grant Records90
Funding Total$36.3M
Filing Years2021–2025

Mission

HEKTOEN INSTITUTE IS THE FISCAL AGENT FOR GRANTS FROM COOK COUNTY RELATED TO MEDICAL RESEARCH, CLINICAL TRIALS, AND PHARMACEUTICAL STUDIES.

Where $100 goes at The Hektoen Institute of Medicine

How The Hektoen Institute of Medicine divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$29
The institute manages many clinical research and program demonstration projects for affiliated agencies
35% of program spending
$28
The majority of the program delivery activities of the institute are made on behalf of the cook county health and hospital systems, whose grants, contracts, and cooperative agreements…
33% of program spending
$28
The institute supports the training and educational mission of its affiliates
About 32% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PROMOTE PROGRAMS FOR PEOPLE DEALING WITH HIV/AIDS
$1,515,110
2024
Support of research activities
$442,204
2024
PROMOTE PROGRAMS FOR PEOPLE DEALING WITH HIV/AIDS
$321,749
2024
Public, Mental and Behavioral Health Services
$103,644
2024
For grant recipient's exempt purposes
$65,000

Showing up to 5 of 90 total records — full history available with membership.

Officers & Directors

TRUSTEE Alan Schriesheim
TRUSTEE Alvin Kruse
TRUSTEE Brian J O'dea Cpa
DVMHPI EXEC DIRECTOR Carole Warshaw
TRUSTEE Courtney R Avery Mph
TRUSTEE Douglas K Walker

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,532,315 42 grants
Research & Policy
$4,997,269 18 grants
Health & Medicine
$1,353,234 9 grants
Mental Health & Substance Abuse
$1,087,171 7 grants
Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $18.9M $16.8M $80.1M
2024 $30.2M $25.8M $74.8M
2023 $28.9M $28.6M $68.5M
2022 $31.7M $30.8M $65.7M
2021 $40.3M $33.1M $68.4M

Between 2021 and 2025, reported annual revenue declined from $40.3M to $18.9M (-53%), with total assets most recently reported at $80.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE HEKTOEN INSTITUTE OF MEDICINE

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