The Nobel Foundation
The Nobel Foundation reported $66.6 million in revenue and $21.6 million in expenses for calendar year 2025. Of every $100 it spent, $82.64 went to program services, $17.36 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 95.8% of the total. The highest compensation it reported for one person was $287,504 (EXECUTIVE DIRECTOR). 2 people received more than $100,000 in reportable compensation. Revenue rose 59% between 2020 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $67MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.6% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.4% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.2% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.2% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $287,504 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.33% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 276.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 6 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Director/trustee, officer, 40.00 hrs/week | $218,024 | $0 | $69,480 | $287,504 |
| FINANCE DIRECTOR Officer, 40.00 hrs/week | $218,690 | $0 | $52,928 | $271,618 |
| CHAIRMAN Director/trustee, 1.00 hrs/week | $9,003 | $0 | $0 | $9,003 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $5,333 | $0 | $0 | $5,333 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $4,067 | $0 | $0 | $4,067 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $4,067 | $0 | $0 | $4,067 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $4,067 | $0 | $0 | $4,067 |
| NONVOTING ALTERNATE DIRECTOR Director/trustee, 1.00 hrs/week | $4,067 | $0 | $0 | $4,067 |
2 people received more than $100,000 in reportable compensation from The Nobel Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $598K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aNo
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| NOBEL GROUP INTERESTS AB Administration/legal | $1,137,324 |
| SCANWORLD Travel agency | $201,876 |
| VESPER GROUP AB Security | $168,962 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Nobel Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Nobel Foundation, you can publish a response that is linked from this page.
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Of every $100 The Nobel Foundation spent in 2025, $82.64 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Nobel Foundation's spending goes to programs?
In calendar year 2025, The Nobel Foundation reported that 82.6% of its $21.6 million in expenses went to program services, 17.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Nobel Foundation pay its top executive?
The largest total compensation The Nobel Foundation reported for one person in calendar year 2025 was $287,504, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Nobel Foundation get its money?
Of $66.6 million in revenue in calendar year 2025, 4.2% came from contributions and grants (including 4.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Nobel Foundation a registered charity?
The IRS lists EIN 23-7328457 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202602599349301200 · read the filing
- 2024: Form 990 for calendar year 2024, object 202533019349300503 · read the filing
- 2023: Form 990 for calendar year 2023, object 202403029349300825 · read the filing
- 2022: Form 990 for calendar year 2022, object 202312769349300226 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223059349301227 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122959349300107 · read the filing
All filings for EIN 23-7328457: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.