Foundation for Advanced Education in the Sciences
Also known as Faes
Foundation for Advanced Education in the Sciences reported $49.4 million in revenue and $43.3 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $97.92 went to program services, $2.07 to management and general costs and $0.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.7% of the total. The highest compensation it reported for one person was $418,226 (CEO/EXECUTIVE DIRECTOR). 8 people received more than $100,000 in reportable compensation. Revenue rose 35% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $43MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $49MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $418,226 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.96% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 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
FY2025 · Form 990, Part III · the three largest programs by expenseHealth insurance:administrative services/plan sponsorship for a group health insurance plan which is available to nih trainees who work at or for nih, but are ineligible for federal health insurance. Nih trainees, also referred to as fellows, are the primary market that faes serves. This program provided health, vision, and dental insurance for over 6,000 individuals during the year, including excellent benefits, affordable annual maximums, and low out-of pocket expenses
Program support to nih:faes provides funding, food, and administrative support for a variety of programs, activities, and events in support of nih such as community building and symposia, classical and jazz music performances, wednesday afternoon lectures (wals), administration of memorials, and more. Faes also provides low cost housing to nih fellows during the year
Academic programs:faes supports educational, cultural, and professional initiatives of the nih and actively seeks out ways to facilitate a collegial environment. Faes offers over 80 graduate-level courses to fill the gap between traditional academic programs and working in a world-class biomedical research environment at nih. Faes had 1,471 course enrollments during the year. Faes also has partnerships from which credits can be transferred into several university of maryland master's degree programs. Faes offers over 30 training workshops taught by nih scientists and other leading biomedical…
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| CEO/EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $361,466 | $0 | $56,760 | $418,226 |
| DIRECTOR OF BUSINESS SERVICES Key employee, 40.00 hrs/week | $174,819 | $0 | $40,728 | $215,547 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $175,801 | $0 | $37,975 | $213,776 |
| DEAN OF ACADEMIC PROGRAMS Key employee, 40.00 hrs/week | $166,649 | $0 | $26,896 | $193,545 |
| DIRECTOR OF INSURANCE Key employee, 40.00 hrs/week | $157,213 | $0 | $28,130 | $185,343 |
| CONTROLLER Highest compensated employee, 40.00 hrs/week | $144,946 | $0 | $34,741 | $179,687 |
| DIRECTOR OF ADMINISTRATION Highest compensated employee, 40.00 hrs/week | $129,666 | $0 | $21,645 | $151,311 |
| ASSISTANT DIRECT OF ACADEMIC PROGRAMS Highest compensated employee, 40.00 hrs/week | $113,947 | $0 | $14,677 | $128,624 |
8 people received more than $100,000 in reportable compensation from Foundation for Advanced Education in the Sciences (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (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
FY2025 · 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–1b18 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- 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 14bNo
- Employees Part I, line 535
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WORMALD HOME CONSTRUCTION LLC Construction | $3,822,046 |
| LUMINARE HEALTH Third-pary administration | $2,687,832 |
| CLEAR REAL ESTATE SERVICES LLC Project management | $307,573 |
| KAIZEN HUMAN CAPITAL Hr consulting | $306,833 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Foundation for Advanced Education in the Sciences's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Foundation for Advanced Education in the Sciences, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Foundation for Advanced Education in the Sciences spent in FY2025, $97.92 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Foundation for Advanced Education in the Sciences's spending goes to programs?
In the fiscal year ending May 31, 2025, Foundation for Advanced Education in the Sciences reported that 97.9% of its $43.3 million in expenses went to program services, 2.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Foundation for Advanced Education in the Sciences pay its top executive?
The largest total compensation Foundation for Advanced Education in the Sciences reported for one person in the fiscal year ending May 31, 2025 was $418,226, for the role of CEO/EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Foundation for Advanced Education in the Sciences get its money?
Of $49.4 million in revenue in the fiscal year ending May 31, 2025, 1.2% came from contributions and grants and 94.7% from program service revenue (Form 990, Part VIII).
Is Foundation for Advanced Education in the Sciences a registered charity?
The IRS lists EIN 52-0743814 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202601049349301410 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024 (amended), object 202610549349301111 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202420309349300217 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202310449349301121 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202132999349300638 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202033169349300413 · read the filing
All filings for EIN 52-0743814: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.