Wisconsin · Nonprofit
THE MORGRIDGE INSTITUTE FOR RESEARCH INC
THE MORGRIDGE INSTITUTE FOR RESEARCH INC (Wisconsin) receives grants from 22 organizations whose IRS filings report $59,698,357 to it, the largest being TOSA FOUNDATION ($50,005,000). 13 of them have funded it in more than one year.
- Revenue FY2025
- $78M
- Funders on record
- 22
- Grants received
- $60M
- Net assets
- $74M
What The Morgridge Institute for Research Inc does
Mission
Our mission is to improve human health by conducting, enabling and translating innovative, interdisciplinary biomedical research in partnership with the university of wisconsin-madison and others, by leveraging our collective strength in research and education.our vision is to solve major challenges to human health by serving as an interdisciplinary research center and collaborative hub that enables investigators to address and answer fundamental biomedical questions.we envision using our private status and streamlined organizational structure to respond nimbly to emerging opportunities. In partnership with an outstanding public research university we will synergistically enhance our collective strengths.through community engagement we will promote better understanding of the health benefits of biomedical research.
As stated on its FY2025 Form 990.
Programs
Biomedical imaging: advancing technologies to better diagnose, treat and prevent disease- transient lighting for surgery: development of a rapid-switch lighting system that provides full light in the operating room, while protecting light-sensitive fluorescence images of use to surgeons.- better ct images: developing a multi-source x-ray tube for computed tomography (ct) - one of the most widely used tools to image disease - to enable faster imaging, dose reduction, and improved image quality.- improved breast cancer tracking: creating an imaging system to track breast cancer based on alignment of collagen fibers, which are biomarkers for breast cancer metastasis.
$7,410,908 spentof which $211,277 as grants$37,500 earned by the program28% of program spendingRegenerative biology: understanding and directing cellular fates to improve health- create physiologically stable, safe and functional cells to better understand the human body.- apply knowledge about cellular generation for application in prevention and treatment of degenerative diseases.- apply knowledge to develop and tailor drugs for specific needs.
$5,994,162 spent$4,800 earned by the program23% of program spendingVirology: unlocking the secrets of virus-host interactions to better protect human health- advance practical understanding, prevention and treatment of viruses and their diseases.- enhance understanding of the biology of healthy cells and tissues.- develop new tools derived from viruses for use in biotechnology, nanotechnology and medicine.
$4,000,509 spentof which $46,224 as grants15% of program spendingResearch computing: expending computing power to address new questions in biology- develop a cyber-infrastructure that provides high throughput computing and fosters collaborative work with the medical science partners.- develop software assurance marketplace that aids open source software developers and software assurance tools that developers can create a more secure cyberinfrastructure by offering the capacity needed to continuously test and "rebuild" the code underlying critical infrastructure applications.
$2,787,879 spentof which $124,572 as grants11% of program spendingGeneral science:- bioethics: addressing emerging ethical issues and building a culture of responsible science.- hemostasis: initiation and regulation of protease cascades, which govern a variety of essential physiological processes from blood clotting to mechanisms of cell death.
$2,564,810 spentof which $813,163 as grants10% of program spendingMetabolism:- elucidating the chemistry of life and its disruption in human disease- mitochondria and disease: unlocking function of the mitochondria, or "cellular powerhouse," to understand its role in more than 150 diseases, including parkinson's, diabetes, and cancer.- orphan proteins: establishing a research platform to study the more than 100 proteins - nearly one-quarter of the mammalian mitochondrial proteome - that have a yet undiscovered biochemical function.- coenzyme q: integrating various biochemical, genetic and structural biology approaches to further elucidate the steps of coenzyme q, whose deficiency is associated with multiple human diseases.
$2,503,703 spentof which $64,053 as grants10% of program spendingCommunity engagement: - engage the community in science education.
$841,508 spentof which $52,134 as grants3% of program spending
The 7 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,103,479.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $39M to $87M (+122%).
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.
Government-grant reliance: 2017 29% · 2018 2% · 2019 22% · 2020 22% · 2021 15% · 2022 16% · 2023 17% · 2024 20% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.
100% of THE MORGRIDGE INSTITUTE FOR RESEARCH INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
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.
Chief executive
Brad Schwartz
CEO/trustee
Board chair
Jacquelyn Fredrick
Trustee/chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 11 funders, grant income rose $18k → $27M.
6 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $472M from 2 payers (the payer shares this organization's board, largest Wisconsin Alumni Research Foundation). These are real filings, and they are not money THE MORGRIDGE INSTITUTE FOR RESEARCH INC raised.
From the IRS filings of THE MORGRIDGE INSTITUTE FOR RESEARCH INC’s funders (the co-funder graph). 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
THE MORGRIDGE INSTITUTE FOR RESEARCH INC leans on a few funders — its largest provides 84% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 56% · 2018 80% · 2019 81% · 2020 92% · 2021 84% · 2022 96% · 2023 91% — growing more concentrated.
“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
27% of THE MORGRIDGE INSTITUTE FOR RESEARCH INC's funders are still giving 3 years after their first grant; 59% give in more than one year at all.
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
THE MORGRIDGE INSTITUTE FOR RESEARCH INC draws 100% of its grant income from funders outside Wisconsin, across 10 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $7.4M arriving through sponsors registered in 6 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.
Against its field
THE MORGRIDGE INSTITUTE FOR RESEARCH INC runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Government funding THE MORGRIDGE INSTITUTE FOR RESEARCH INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $64.3M on record.
- Department of Health and Human Services$36.1M
- National Science Foundation$19.6M
- Department of Defense$8.6M
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 THE MORGRIDGE INSTITUTE FOR RESEARCH INC
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 Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Wisconsin Alumni Research Foundation · exempt
- The Morgridge Institute Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE MORGRIDGE INSTITUTE FOR RESEARCH INC: 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.
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 THE MORGRIDGE INSTITUTE FOR RESEARCH INC?
- THE MORGRIDGE INSTITUTE FOR RESEARCH INC (Wisconsin) receives grants from 22 organizations whose IRS filings report $59,698,357 to it, the largest being TOSA FOUNDATION ($50,005,000). 13 of them have funded it in more than one year.
- How many funders does THE MORGRIDGE INSTITUTE FOR RESEARCH INC have?
- IRS filings report 22 organizations giving $59,698,357 in grants to THE MORGRIDGE INSTITUTE FOR RESEARCH INC, 13 of which have funded it in more than one year.
- Who is the largest funder of THE MORGRIDGE INSTITUTE FOR RESEARCH INC?
- TOSA FOUNDATION is the largest funder on record, with $50,005,000 in grants. The full list of funders is on this page.
- How can an organization like THE MORGRIDGE INSTITUTE FOR RESEARCH INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 22 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