EIN 23-7225395

Burroughs Wellcome Fund

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
1972
Most recent tax filings
2022-08-01
NTEE code, primary
Description
The Burroughs Wellcome Fund is a corporate foundation that grant funds returned are related to the primary activity of grantmaking. The fund made one grant last year and is located in Research Triangle Park, NC.
Total revenues
$48,287,251
2022
Total expenses
$42,069,368
2022
Total assets
$778,637,184
2022
Num. employees
n/a

Program areas at Burroughs Wellcome Fund

Grant funds returned are related to primary activity of grantmaking.

Who funds Burroughs Wellcome Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Philadelphia Foundation (PF)Covid-19 Research$100,000

Personnel at Burroughs Wellcome Fund

NameTitleCompensation
Ken BrowndorfCo - Chief Financial Officer$168,354
Scott SchoedlerV.P Finance$400,869
Glenda H. GilbertSenior Facility Manager and Human Resources Administrator
Louis J. MugliaBoard Member$457,294
John BurrisPresident and Director$133,265

Financials for Burroughs Wellcome Fund

RevenuesFYE 08/2022
Total grants, contributions, etc.$0
Investment income and dividends$9,763,456
Net rental income$0
Net gain from sale of non-inventory assets$37,453,674
Gross sales of inventory$0
Miscellaneous revenues$1,070,121
Total revenues$48,287,251

Form 990s for Burroughs Wellcome Fund

Fiscal year endingDate received by IRSFormPDF link
2022-082023-07-12990PFView PDF
2021-082022-07-12990PFView PDF
2020-082021-07-14990PFView PDF
2018-082019-09-05990PFView PDF
2017-082018-08-31990PFView PDF
...and 6 more Form 990s

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Data update history
August 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 19, 2023
Used new vendors
Identified 1 new vendor, including
July 18, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 15, 2023
Updated personnel
Identified 3 new personnel
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Philadelphia Foundation (PF)
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
21 TW Alexander Dr PO Box 13901
Research Triangle Park, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
bwfund.org/ 
Phone
(919) 991-5100
IRS details
EIN
23-7225395
Fiscal year end
August
Taxreturn type
Form 990-PF
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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