This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $355,798,320 | $439,138,919 | $202,017,166 | $4,986,222,387 | $4,693,624,506 |
| FY2023 | 990 | $292,016,280 | $443,404,599 | $200,455,461 | $4,885,921,122 | $4,592,956,300 |
| FY2022 | 990 | $248,630,352 | $396,664,114 | $184,032,962 | $4,735,058,992 | $4,443,719,016 |
| FY2021 | 990 | $417,237,551 | $375,611,186 | $178,329,656 | $5,691,109,976 | $5,416,630,309 |
| FY2020 | 990 | $800,629,953 | $381,380,991 | $187,172,342 | $5,369,999,661 | $5,098,993,014 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 79% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH | $19,631,929 | 2020 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael P Boyle Md | PRESIDENT & CEO | 40.0 | $1,054,388 |
| Carole B Griego Md | TRUSTEE | 3.0 | $0 |
| David A Mount | TREASURER | 5.0 | $0 |
| Dodzie Sogah Phd | TRUSTEE |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| CLINICAL RESEARCH STUDY |
| $12,893,328 |
| 2024 |
| Seattle Children's Hospital | CLINICAL RESEARCH CENTER | $10,180,397 | 2024 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH | $8,041,150 | 2021 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH CENTER | $7,999,704 | 2023 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH STUDY | $7,928,169 | 2023 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH CENTER | $7,610,499 | 2022 |
| JAEB CENTER FOR HEALTH RESEARCH FOUNDATION INCTAMPA, FL | CLINICAL RESEARCH STUDY | $7,020,681 | 2023 |
| Jaeb Center for Health Research Foundation Inc | CLINICAL RESEARCH STUDY | $6,907,230 | 2024 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH STUDY | $6,399,823 | 2022 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH CENTER | $6,361,303 | 2021 |
| HEALTHWELL FOUNDATIONGAITHERSBURG, MD | PATIENT ASSISTANCE | $6,000,000 | 2023 |
| HEALTHWELL FOUNDATIONGAITHERSBURG, MD | PATIENT ASSISTANCE | $5,600,000 | 2022 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH | $5,555,719 | 2022 |
| Seattle Children's Hospital | CLINICAL RESEARCH | $5,459,200 | 2024 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH CENTER | $4,994,019 | 2020 |
| SEATTLE CHILDREN'S HOSPITALSEATTLE, WA | CLINICAL RESEARCH | $4,959,644 | 2023 |
| HEALTHWELL FOUNDATIONGAITHERSBURG, MD | PATIENT ASSISTANCE | $4,800,000 | 2021 |
| HEALTHWELL FOUNDATIONGAITHERSBURG, MD | PATIENT ASSISTANCE | $4,200,000 | 2020 |
| Trustees of Indiana University | CLINICAL RESEARCH STUDY | $4,014,448 | 2024 |
| STATE UNIVERSITY OF IOWAIOWA CITY, IA | THERAPEUTICS DISCOVERY RESEARCH | $3,706,113 | 2022 |
| UNIVERSITY SYSTEM OF NEW HAMPSHIREDURHAM, NH | QUALITY IMPROVEMENT | $3,531,889 | 2021 |
| JAEB CENTER FOR HEALTH RESEARCH FOUNDATION INCTAMPA, FL | CLINICAL RESEARCH STUDY | $3,232,069 | 2022 |
| CHILDREN'S HOSPITAL MEDICAL CENTERCINCINNATI, OH | CLINICAL CARE RESEARCH | $3,009,161 | 2021 |
| HEALTHWELL FOUNDATION | Patient Assistance | $3,000,000 | 2024 |
| 3.0 |
| $0 |
| Dominic J Caruso | TRUSTEE | 3.0 | $0 |
| Elise Eberwein | TRUSTEE | 3.0 | $0 |
| Eric R Olson Phd | VICE CHAIR | 5.0 | $0 |
| Eric Schneider Md | TRUSTEE | 3.0 | $0 |
| Jessica H Boyd Md | TRUSTEE | 3.0 | $0 |
| John S Weinberg | EXECUTIVE VICE CHAIR | 5.0 | $0 |
| Kate O'Donnell | TRUSTEE | 3.0 | $0 |
| Kc Bryan White | CHAIR | 8.0 | $0 |
| Louis A Defalco | VICE CHAIR | 5.0 | $0 |
| Paul A Motenko | TRUSTEE | 3.0 | $0 |
| Robert H Niehaus | VICE CHAIR | 5.0 | $0 |
| Steven Shak Md | TRUSTEE | 3.0 | $0 |
| Teresa L Elder | VICE CHAIR | 5.0 | $0 |
| Irena Barisic | EVP & CHIEF OPERATING & FINANCIAL OFFICER | 40.0 | $761,939 |
| Michael B Cavadel | SVP, CHIEF LEGAL OFFICER | 40.0 | $558,135 |
| Albert Faro Md | Chief Medical Officer Beg. 7/1/2024 | 40.0 | $571,672 |
| Bruce Marshall Md | Chief Medical Officer Ending 7/1/2024 | 40.0 | $515,472 |
| John C Mahler Jr Md | CHIEF INVESTMENT OFFICER | 40.0 | $1,866,868 |
| John P Clancy Md | SVP, CLINICAL RESEARCH | 40.0 | $669,826 |
| Steven Rowe Md | EVP, Chief Scientific Officer | 32.0 | $534,655 |
| Andrew Lewis | MANAGING DIRECTOR, INVESTMENTS | 40.0 | $1,363,454 |
| Earl A Lee | MANAGING DIRECTOR, INVESTMENTS | 40.0 | $1,226,269 |
| Enrique Lin Shiao Phd | Principal of Mission Related Investments | 40.0 | $507,691 |
| Eric Koehrsen | MANAGING DIRECTOR, INVESTMENTS | 40.0 | $976,105 |
| Gentiana S Arovas | MANAGING DIRECTOR, INVESTMENTS OPERATIONS | 40.0 | $642,532 |