Skip to content

New Jersey · Nonprofit

INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION

INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION (New Jersey) receives grants from 132 organizations whose IRS filings report $162,340,772 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($34,572,375). 72 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$89M
Funders on record
132
Grants received
$162M
Net assets
$1.3B
72/132 repeat funderspeak grant-dependency 64%
01What it does

What Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation does

Mission

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. See schedule o.

As stated on its FY2025 Form 990.

Program

  1. School programs: the work at the institute takes place in four schools: historical studies, mathematics, natural sciences and social science. See schedule o for further details.

    $59,354,350 spentof which $14,381,965 as grants$5,813,617 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $59,354,350.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($27M) Expenses 100 ($67M) Net assets 100 ($792M)2018 Revenue 227 ($61M) Expenses 107 ($72M) Net assets 105 ($834M)2019 Revenue 166 ($45M) Expenses 113 ($76M) Net assets 104 ($824M)2020 Revenue 166 ($45M) Expenses 116 ($78M) Net assets 105 ($829M)2021 Revenue 214 ($58M) Expenses 99 ($66M) Net assets 148 ($1.2B)2022 Revenue 471 ($127M) Expenses 104 ($70M) Net assets 147 ($1.2B)2023 Revenue 327 ($88M) Expenses 112 ($75M) Net assets 149 ($1.2B)2024 Revenue 257 ($69M) Expenses 117 ($78M) Net assets 157 ($1.2B)2025 Revenue 329 ($89M) Expenses 142 ($95M) Net assets 167 ($1.3B)
'17'18'19'20'21'22'23'24'25
Revenue (329)Expenses (142)Net assets (167)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $965M to $1.3B (+35%).

$908M
$970M
$954M
$965M
$1.3B
$1.3B
$1.3B
$1.4B
$1.5B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 26% · 2018 11% · 2019 44% · 2020 58% · 2021 8% · 2022 4% · 2023 7% · 2024 8% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

74% of INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (52% for the typical peer).

This organization
Typical peer · 155 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$40M
’17
−$10M
’18
−$31M
’19
−$33M
’20
−$8.4M
’21
$57M
’22
$13M
’23
−$8.8M
’24
−$6.2M
’25
2.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

John Overdeck

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed403936374039383533
Joined·+5+4+3+5+6+6+1+2
No longer listed·67227744
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 41 funders to 44 funders, grant income rose $6.3M → $23M.

20 of 132 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION’s funders (the co-funder graph). Top 30 of 132 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION has a broad base — no single funder exceeds 21% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

55% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION.

21%
largest funder
41%
top three
~11
effective funders

Largest funder’s share by year: 2017 65% · 2018 46% · 2019 32% · 2020 52% · 2021 29% · 2022 30% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

37% of INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

52% of INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $78M that is directly attributable, 93% of it comes from funders outside New Jersey, across 19 states.

WA
IL
MI
NY
MA
WY
OH
PA
NJ
CT
RI
CA
WV
MD
DE
DC
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $85M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION has grown faster than half of the 78 science & tech nonprofits its size.

Operating margin−7% · bottom quartile
Months of reserve2.1mo · below the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 78 science & tech nonprofits $10M–$100M, FY2025

Government funding INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $48.6M on record — $48.6M federal, $3k state.

Federal$48.6M
grants $48.6Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • National Science Foundation$41.9M
  • Department of Energy$4.7M
  • National Endowment for the Humanities$1.5M
  • National Aeronautics and Space Administration$292k
  • Department of Defense$170k
State$3k
Top programs
  • TRUST FUND$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

62% of spending goes to programs.

Program 62%Management 35%Fundraising 3%

Governance

24
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 31 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
CT
RI
CA
UT
CO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION?
INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION (New Jersey) receives grants from 132 organizations whose IRS filings report $162,340,772 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($34,572,375). 72 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION have?
IRS filings report 132 organizations giving $162,340,772 in grants to INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION, 72 of which have funded it in more than one year.
Who is the largest funder of INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $34,572,375 in grants. The full list of funders is on this page.
How can an organization like INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 132 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing