NonprofitsNovo Nordisk Fonden

Philanthropy, Voluntarism & Grantmaking Foundations

Novo Nordisk Fonden

DENMARK

Total revenue

$1.4B

Total expenses

$1.3B

Net assets

$5.3B

Grants received

EIN

981718091

Tax year

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$1.2B
Other revenue$121.0M
Total revenue$1.4B

Expenses

Grants paid$1.2B
Salaries & benefits$45.9M
Fundraising
Other expenses$34.9M
Total expenses$1.3B
Total assets$8.6B
Net assets$5.3B

People

13 listed

NameRoleCompensation

MADS KROGSGAARD THOMSEN

CEO

Board

$1.3M

40 hrs/wk

SOREN NEDERGAARD

COO

Board

$495K

40 hrs/wk

ERIKA SODERBERG JOHNSSON

CFO

Board

$453K

40 hrs/wk

LARS REBIEN SORENSEN

CHAIR

Board

$374K

1 hrs/wk

STEEN RIISGAARD

DIRECTOR

Board

$224K

1 hrs/wk

LARS HENRIK MUNCH

VICE CHAIR

Board

$172K

1 hrs/wk

LARS HENRIK FUGGER

DIRECTOR

Board

$123K

1 hrs/wk

CHRISTOPHER ASHBY VOIGT

DIRECTOR

Board

$104K

1 hrs/wk

NANA SEJBAEK

DIRECTOR

Board

$86K

1 hrs/wk

LISELOTTE HOJGAARD

DIRECTOR

Board

$86K

1 hrs/wk

OLE JAKOB MULLER

DIRECTOR

Board

$71K

1 hrs/wk

STIG STROBAEK

DIRECTOR

Board

$71K

1 hrs/wk

MADS BORITZ GRON

DIRECTOR

Board

$71K

1 hrs/wk

Details

EIN981718091
NTEE codeT12
Subsection04
Ruling date2024-01
Formed1989
Employees245
Volunteers0
NOVO NORDISK FONDEN — Mission, Financials & Grants Received | Grantivo