EIN 59-0735717

Howard Hughes Medical Institute

IRS 501(c) type
501(c)(3)
Num. employees
2,419
Year formed
1953
Most recent tax filings
2023-08-01
Description
The Howard Hughes Medical Institute ("Institute" or "hhmi") is the nation's largest private biomedical research institution, with almost $21 billion in net assets at the end of its 2018 fiscal year.
Also known as...
Heidi Henning
Total revenues
$749,022,788
2023
Total expenses
$1,147,090,579
2023
Total assets
$25,892,499,538
2023
Num. employees
2,419
2023

Program areas at Howard Hughes Medical Institute

MEDICAL RESEARCH ORGANIZATION ACTIVITIES (A) THE HHMI INVESTIGATOR PROGRAM (B) JANELIA RESEARCH CAMPUS (A) The HHMI Investigator Program The Howard Hughes Medical Institute's approach to biomedical research can be summarized in three words: people, not projects. By employing scientists as HHMI Investigators - rather than awarding research grants - the Institute provides long-term, flexible funding that enables its researchers to pursue their scientific interests wherever they lead. HHMI believes that scientists of exceptional talent and imagination will make fundamental discoveries of lasting scientific value and benefit to humanity if they are given the resources, time, and freedom to pursue challenging questions. HHMI Investigators receive a seven-year appointment, which is renewable pending favorable scientific review. The Institute nurtures the creativity and intellectual daring of scientists who are willing to set aside conventional wisdom or the easy question for a fundamental problem that may take many years to solve. Among the characteristics that distinguish this group of scientists are qualities such as creativity, a penchant for risk-taking, and a commitment to discovery, productivity, and perseverance. This unique research model is an imaginative and powerful alternative to funding biomedical research through grants. The HHMI Investigator Program employs more than 260 HHMI researchers, among them 16 Nobel laureates and more than 150 members of the National Academy of Sciences. HHMI Investigators direct Institute research laboratories on the campuses of about 60 universities and other research organizations throughout the United States. Since the early 1990s, Investigators have been selected through rigorous national competitions. The Institute solicits applications directly from scientists at medical schools and other research institutions in the United States, with the aim of identifying those who have the potential to make significant contributions to science. HHMI employs an open application process to ensure that it is selecting its researchers from a broad and deep pool of scientific talent. HHMI announced a national competition in October 2022 to appoint approximately 25 new Investigators. This effort will expand HHMI's community of Investigators who perform basic biological research at research institutions across the nation. In January 2023, the Institute launched the Emerging Pathogens Initiative with a $100 million commitment to support basic research targeted at preparedness for emerging pathogens that could threaten human health. Thirteen project teams involving 70 scientists from 29 institutions will collaborate on the research. This one-time competition invited proposals from HHMI Investigators for projects to be conducted independently or in collaboration with a diverse spectrum of scientists at US institutions and across the globe. (B) Janelia Research Campus HHMI's Janelia Research Campus in Ashburn, Virginia, innovates research practices and technologies to solve biology's deepest mysteries. At Janelia, integrated teams of lab scientists and tool-builders pursue a small number of scientific questions with potential for transformative impact. To drive science forward, methods, results, and tools are shared with the scientific community. In FY23, Janelia opened labs in the campus's newest research area, 4D Cellular Physiology (4DCP). 4DCP aims to examine how cells work and communicate across scales to build and maintain organs and organisms, an effort that leverages Janelia's strengths in developing cutting-edge molecular tools and imaging technologies as well as computational and theoretical methods. As a result of dedicated recruitment efforts, Janelia welcomed six new group leaders in 4DCP, one senior group leader in Molecular Tools and Imaging, and two group leaders in Mechanistic Cognitive Neuroscience. In the current fiscal year, there were 27 group leaders, 15 senior group leaders, and six Janelia scholars at Janelia, in addition to graduate students, other scientific trainees, and visiting scientists. Janelia also has a vibrant scientific conference program, which brings many scientists to its campus each year for educational meetings, as well as research opportunities in the Advanced Imaging Center and Collaboratorium for scientists to come onsite to collaborate with Janelia researchers.
Science education, fellowships, and media programs (a) center for the advancement of science leadership & culture (b) biointeractive (c) tangled bank studios (d) hanna h. gray fellows program (e) e-life open access journal (f) africa health research Institute in south africa (continued on schedule o)

Grants made by Howard Hughes Medical Institute

GranteeGrant descriptionAmount
University of AlaskaInclusive Excellence 3 Learning Community$3,198,600
Research Foundation for the State University of New York (RFSUNY)Driving Change Learn. Comm.$2,500,000
Rector and Visitors of the University of VirginiaDriving Change Learn. Comm.$2,500,000
...and 141 more grants made totalling $78,198,564

Personnel at Howard Hughes Medical Institute

NameTitleCompensation
Donald KochVice President and Chief Investment Officer$2,471,389
Lynne LochteChief Financial Officer and Treasurer$84,619
Kathryn S. BrownChief of Communications
Erin P. JonesChief of Staff
Eva ChungChief of People and Culture
...and 27 more key personnel

Financials for Howard Hughes Medical Institute

RevenuesFYE 08/2023
Total grants, contributions, etc.$2,027,136
Program services$4,779,831
Investment income and dividends$173,786,251
Tax-exempt bond proceeds$4,651,934
Royalty revenue$22,531,008
Net rental income$0
Net gain from sale of non-inventory assets$540,546,574
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$700,054
Total revenues$749,022,788

Form 990s for Howard Hughes Medical Institute

Fiscal year endingDate received by IRSFormPDF link
2023-082024-02-21990View PDF
2022-082023-02-22990View PDF
2021-082022-02-08990View PDF
2020-082021-04-14990View PDF
2019-082020-08-21990View PDF
...and 9 more Form 990s

Organizations like Howard Hughes Medical Institute

OrganizationLocationRevenue
Jackson LaboratoryBar Harbor, ME$553,515,570
Scripps Research InstituteLa Jolla, CA$634,980,417
The Broad InstituteCambridge, MA$1,051,116,110
SRCNorth Syracuse, NY$287,793,652
Research Triangle Institute (RTI)Research Triangle Park, NC$1,238,064,784
Beckman Research Institute of the City of Hope (BRI)Duarte, CA$288,276,013
Public Health InstituteOakland, CA$254,978,258
SRI InternationalMenlo Park, CA$410,135,895
Alliance for Sustainable EnergyGolden, CO$786,331,979
Southwest Research InstituteSan Antonio, TX$800,924,085
Data update history
May 22, 2024
Updated personnel
Identified 3 new personnel
May 20, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
July 5, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealthEducation
Characteristics
Political advocacyConducts researchLobbyingOperates internationallyNational levelTax deductible donations
General information
Address
4000 Jones Bridge Rd
Chevy Chase, MD 20815
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
hhmi.org/ 
Phone
(301) 215-8500
Facebook page
HowardHughesMed 
Twitter profile
@hhminews 
IRS details
EIN
59-0735717
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1953
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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