Public Charity

NOVO NORDISK FONDEN

NOVO NORDISK FONDEN is a private foundation categorized as Public Charity. Its most recent IRS filing (2024) reports revenue of $1.4B, expenses of $1.3B, total assets of $8.6B. Imperigo tracks 24 reported grants from this foundation totaling approximately $44.5M.

EIN: 981718091 Fund Raising & Fund Distribution NTEE: T12 Latest filing: 2024
Total Revenue$1.4B
Total Expenses$1.3B
Total Assets$8.6B
Grants Given24
Grant Total$44.5M
Filing Years2023–2024

Mission

NOVO NORDISK FONDEN (NNF) CONTRIBUTES SIGNIFICANTLY TO RESEARCH AND DEVELOPMENT THAT IMPROVES THE LIVES OF PEOPLE AND THE SUSTAINABILITY OF SOCIETY THROUGH GRANTMAKING.

Where $100 goes at Novo Nordisk Fonden

How Novo Nordisk Fonden divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$96 Programs the work itself
$4 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 $96 for programs

$96
Nnf focuses its grantmaking program toward 3 main objectives:1
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Christopher Ashby Voigt
CFO Erika Soderberg Johnsson
DIRECTOR Lars Henrik Fugger
VICE CHAIR Lars Henrik Munch
CHAIR Lars Rebien Sorensen
DIRECTOR Liselotte Hojgaard

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$1,898,517 1 grant
Unspecified
$42,575,392 23 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4B $1.3B $8.6B
2023 $225.8M $1.2B $8.5B

Between 2023 and 2024, reported annual revenue grew from $225.8M to $1.4B (+503%), with total assets most recently reported at $8.6B.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, DC, IL, MA, MD, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NOVO NORDISK FONDEN

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