NonprofitsRobert W Woodruff Health Sciences Center Fund Inc

Education

Robert W Woodruff Health Sciences Center Fund Inc

ATLANTA, GA

Total revenue

$104.9M

Total expenses

$51.7M

Net assets

$1.2B

Grants received

$195.2M

7 grants

EIN

582229271

Tax year

2023

Mission

To make grants and carry on other activities to support and benefit the Robert W. Woodruff Health Sciences Center, a division of Emory University which includes its schools of medicine, nursing, and public health and its medical research laboratories and hospitals.

Programs

2 programs

Woodruff Fund grants supported strategic academic and research initiatives in the medical institutions that make up Emory's Woodruff Health Sciences Center. Significant support during this fiscal year was directed to Emory's School of Medicine to recruit a new leader for the school's Pathology Department and to support programs in the Office of Student Success. Significant new investments were made in a comprehensive digital transformation plan for the Woodruff Health Sciences Center, a new Global Diabetes Research Center and in Emory's Center for New Medicines. The Woodruff Fund also invested in plans to develop maternal health programs in partnership with Morehouse School of Medicine and Grady Health System. Additional support was provided for strategic investments in Emory's Rollins School of Public Health; the Yerkes Primate Research Center; the Georgia Clinical and Translational Sciences Alliance; and Emory's Immunology and Vaccine Research Center. A significant portion of the distributions to Emory's Woodruff Health Sciences Center are used to pay for facilities, including Emory's biomedical research facilities and School of Medicine building.

Expenses: $22.1MGrants: $22.0M

The Woodruff Fund oversees a separate investment account intended to grow research capacity for the Emory + Children's Pediatric Research Institute. In this fiscal year, the Fund disbursed $6 million toward a multi-year plan to recruit pediatric investigators focused on childhood cancer, cardiac and brain medicine, Sickle Cell disease, and Cystic Fibrosis.

Expenses: $6.0MGrants: $6M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue
Investment income$104.9M
Other revenue
Total revenue$104.9M

Expenses

Grants paid$50.4M
Salaries & benefits$363K
Fundraising
Other expenses$950K
Total expenses$51.7M
Total assets$1.2B
Net assets$1.2B

People

9 listed

NameRoleCompensation

P RUSSELL HARDIN

PRESIDENT

Board

$59K

4 hrs/wk

ERIK S JOHNSON

SECRETARY/VICE PRESIDENT

Board

$35K

4 hrs/wk

ELI P NIEPOKY

TREASURER

Board

$31K

4 hrs/wk

LAWRENCE L GELLERSTEDT III

TRUSTEE- ELECTED 03/28/2023

Board

$5K

1 hrs/wk

KATHELEN V AMOS

TRUSTEE- ELECTED 03/28/2023

Board

$5K

1 hrs/wk

E JENNER WOOD III

TRUSTEE CHAIRMAN

Board

$5K

2 hrs/wk

JOHN G RICE

TRUSTEE VICE CHAIRMAN

Board

$5K

1 hrs/wk

TIMOTHY C ROLLINS

TRUSTEE

Board

$5K

1 hrs/wk

THOMAS J LAWLEY

TRUSTEE- RETIRED 03/28/2023

Staff

$3K

1 hrs/wk

Independent contractors

BLACKROCK FINANCIAL MANAGEMENT INC

INVESTMENT MANAGER

$674K

TRUIST BANK

INVESTMENT ADVISOR

$147K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$35.0M
Support for Emory + Children's Pediatric Institute research plan.
2022
$70.0M
Development of Emory University's Winship Tower Midtown and Health Sciences Research Building II.
2021
$20.0M
Support for Emory + Children's Pediatric Institute research plan.
2021
$35.0M
Development of Emory University's Winship Tower Midtown and Health Sciences Research Building II.
2020
$35.0M
Support for Emory + Children's Pediatric Institute research plan.
2020
$100K
FACILITATING RESEARCH THAT SEEKS TO PREVENT AND TREAT CANCER BY HARNESSING THE IMMUNE SYSTEM.
2019

Funded by

$195.2M from 3 funders · 7 grants · 2019–2024

Robert W Woodruff Foundation Inc

$195.0M · 5 grants · 2020–2022

Tj Martell Foundation

$100K · 1 grant · 2019

Details

EIN582229271
NTEE codeB110
Subsection03
Ruling date1996-06
Formed1996
Employees14
Volunteers0
ROBERT W WOODRUFF HEALTH SCIENCES CENTER FUND INC — Mission, Financials & Grants Received | Grantivo