GrantmakersOther and international

Novo Nordisk Fonden

Hellerup · EIN 98-1718091. Reported 24 grants totalling $44.5M to 22 organizations across tax years 2023-2024, on Form 990 Schedule I.

22organizations funded
$703,628median reported grant
$44.5Mgranted, 2023-2024
29%of grantees funded again the next year
57%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Novo Nordisk Fonden, the IRS classifies it as a fundraising and fund-distribution organization (NTEE T12).
  2. How spread out its giving is. 22 distinct organizations, with 57% of the dollars going to the largest single recipient. That is concentrated. Most of the money has a settled destination, and the remainder is what is realistically in play.
  3. How much its list changes. 29% of one year's grantees are funded again the next, across 1 year-to-year transition. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.

How big are its grants?

The median reported grant is $703,628. Half of what it reported fell between $375,778 and $1,457,038; the smallest was $74,031 and the largest $25.2M. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$50,000 - $100,000
1 grant
$100,000 - $250,000
3 grants
$250,000 Or More
20 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Trustees of Boston UniversityBoston, MA$25.2M112023
International Rescue Committee IncNew York, NY$2,914,069222024
Johns Hopkins UniversityBaltimore, MD$2,233,117112024
Nrel FoundationGolden, CO$1,953,680112024
Regents of the University of California Davis CampusDavis, CA$1,898,517112024
University of ChicagoChicago, IL$1,457,038112024
National Academy of SciencesWashington, DC$1,254,308222024
Whitehead Institute for Biomedical ResearchCambridge, MA$1,015,155112024
Foundation for Food and Agriculture ResearchWashington, DC$1,006,737112023
Cornell UniversityIthaca, NY$725,991112024
President and Fellows of Harvard CollegeCambridge, MA$715,788112024
International Medical CorpsLos Angeles, CA$691,468112024
Community Partners InternationalBerkeley, CA$665,991112024
United Nations Population Fund (unfpa)New York, NY$646,946112024
The University of Texas Medical Branch at GalvestonGalveston, TX$630,494112024
University of WashingtonSeattle, WA$375,778112024
American Diabetes Association IncArlington, VA$329,892112024
American Society for Nutrition Foundation IncRockville, MD$252,178112024
Massachusetts Institute of TechnologyCambridge, MA$150,816112024
Joslin Diabetes Center IncBoston, MA$148,063112023
Childrens Hospital CorporationBoston, MA$128,415112023
Regents of the University of MichiganAnn Arbor, MI$74,031112023

2 of 22 (9%) received money in more than one year over the 2 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What kind of organizations it funds

By each recipient's own IRS classification, for the 17 of 22 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
5 orgs
International Affairs
2 orgs
Food & Nutrition
2 orgs
Diseases & Disorders
2 orgs
Health Care
2 orgs
Environment
1 org
Science & Technology
1 org
Medical Research
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
20237$28.0M$738,737
202417$16.4M$691,468

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

62% of its giving went to organizations in Massachusetts. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Massachusetts
$27.4M
New York
$4.3M
California
$3.3M
Maryland
$2.5M
District of Columbia
$2.3M
Colorado
$2.0M
Illinois
$1.5M
Texas
$630K

Down to the city

Boston, MA
$25.5M
New York, NY
$3.6M
Washington, DC
$2.3M
Baltimore, MD
$2.2M
Golden, CO
$2.0M
Davis, CA
$1.9M

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Fidelity Investments Charitable Gift Fund9 shared recipientsDonor Advised Charitable Giving Inc8 shared recipientsVanguard Charitable Endowment Program6 shared recipientsGs Donor Advised Philanthropy Fund6 shared recipientsSilicon Valley Community Foundation5 shared recipientsNational Philanthropic Trust5 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $703,628 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Massachusetts.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding education in MassachusettsEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from Novo Nordisk Fonden's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 2 returns (tax years 2023-2024). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 16 section 501(c)(3) organizations and 1 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: Tuborg Havnevej 19, Hellerup, 2900.

EIN 98-1718091 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.