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Public charity

Novo Nordisk Fonden

NOVO NORDISK FONDEN (nnf) contributes significantly to research and development that improves the lives of people and the sustainability of society through grantmaking.

$1.2B
Granted FY2024(still arriving)
17
Itemized grants FY2024
7
Organizations funded FY2023
Read the full brief
Itemized, FY2024
$16M
The rest is grants the schedule does not break out
Median grant, FY2024
$691,468
Largest grant, FY2024
$2,233,117
States reached, FY2024
10
Total assets, FY2024
$8.6B
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2024.

Education$30MScience & Tech$5.6MInternational$4.9MHealth$2.2MFood & Nutrition$1.3M

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
IL
NY
MA
CA
CO
VA
MD
DC
TX

Top grantees

Largest recipients by total granted, FY2023 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Trustees of Boston University$25,205,43711%
International Rescue Committee INC$2,914,06920%
Johns Hopkins University$2,233,11710%
NREL Foundation$1,953,680194%
University of California Davis$1,898,5171n/a
University of Chicago$1,457,03810%
National Academy of Sciences$1,254,30820%
Whitehead Institute for Biomedical Research$1,015,15511%
Foundation for Food and Agriculture Research$1,006,73711%
Cornell University$725,99110%
Show all 19 grantees
All grantees of Novo Nordisk Fonden by total granted
GranteeTotal grantedYearsShare of their budget
Trustees of Boston University$25,205,43711%
International Rescue Committee INC$2,914,06920%
Johns Hopkins University$2,233,11710%
NREL Foundation$1,953,680194%
University of California Davis$1,898,5171n/a
University of Chicago$1,457,03810%
National Academy of Sciences$1,254,30820%
Whitehead Institute for Biomedical Research$1,015,15511%
Foundation for Food and Agriculture Research$1,006,73711%
Cornell University$725,99110%
International Medical Corps$691,46810%
Community Partners International$665,99111%
John Sealy Hospitalutmb$630,4941n/a
University of Washington$375,7781n/a
American Diabetes Association$329,89210%
American Society for Nutrition Foundation Inc$252,178170%
Joslin Diabetes Center Inc$148,06310%
Children's Hospital Corporation$128,41510%
Regents of the University of Michigan$74,0311n/a

Plus 1 recipient with no EIN on record ($647k), not named here.

Where it is load-bearing

Novo Nordisk Fonden supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 15 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTrustees of Boston University: $25,205,437 over 1y, 0.8% of budgetInternational Rescue Committee INC: $2,914,069 over 2y, 0.1% of budgetJohns Hopkins University: $2,233,117 over 1y, 0.0% of budgetNREL Foundation: $1,953,680 over 1y, 94% of budgetUniversity of Chicago: $1,457,038 over 1y, 0.0% of budgetNational Academy of Sciences: $1,254,308 over 2y, 0.2% of budgetWhitehead Institute for Biomedical Research: $1,015,155 over 1y, 0.6% of budgetFoundation for Food and Agriculture Research: $1,006,737 over 1y, 0.8% of budgetCornell University: $725,991 over 1y, 0.0% of budgetInternational Medical Corps: $691,468 over 1y, 0.3% of budgetCommunity Partners International: $665,991 over 1y, 1.4% of budgetAmerican Diabetes Association: $329,892 over 1y, 0.2% of budgetAmerican Society for Nutrition Foundation Inc: $252,178 over 1y, 70% of budgetJoslin Diabetes Center Inc: $148,063 over 1y, 0.2% of budgetChildren's Hospital Corporation: $128,415 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 15.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Fidelity Investments Charitable Gift FundMA6× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Novo Nordisk Fonden with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Novo Nordisk Fonden?

Find your warmest path to Novo Nordisk Fonden through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Novo Nordisk Fonden

How much does Novo Nordisk Fonden give?
Novo Nordisk Fonden reported 17 itemized grants totaling $16,432,176, out of $1,171,517,714 in total grant expense reported on the return in its FY2024 IRS filing.
What does Novo Nordisk Fonden fund?
By grant dollars over FY2023 to FY2024, its largest causes are Education (69%), Science & Tech (13%), International (11%).
Who are Novo Nordisk Fonden's largest grantees?
By total granted over FY2023 to FY2024: Trustees of Boston University ($25M), International Rescue Committee INC ($2.9M), Johns Hopkins University ($2.2M).
Which funders back the same organizations as Novo Nordisk Fonden?
Its strongest co-funders, measured against what their size predicts, include Fidelity Investments Charitable Gift Fund.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 22 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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