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Benaroya Research Institute at Virginia

Seattle, WA · EIN 91-0653422 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Benaroya Research Institute at Virginia reported $81.3 million in revenue and $80.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.97 went to program services, $17.03 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 89.9% of the total. Government grants made up 69.8%. The highest compensation it reported for one person was $5,754,859 (CHIEF EXECUTIVE OFFICER VMFH). 94 people received more than $100,000 in reportable compensation. Revenue rose 11% between 2019 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $81M

For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $81M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 169 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.0%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
17.0%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.1%
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
89.9%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
69.8%0.0%
Program service revenue share
Part VIII 2g ÷ 12
8.2%5.8%
Highest reported compensation
Part VII-A, columns D–F
$5,754,859$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
7.13%1.94%
People paid over $100,000
Part VII, line 2
9418
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.613.3
Independent voting board members
Part VI 1a–1b
14 of 1493.8%

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 expense
$45M expenses · 67.8% of program spending · grants $29M

Translational immunology and advancements of the immune tolerance network (itn) are highlighted below:funding for the immune tolerance network (itn) was initially awarded to jerry nepom, md, phd, at bri in 2014 by the national institute of allergy and infectious diseases (niaid) of the national institutes of health (nih). It was later renewed for a second grant cycle in 2021, providing approximately $27 million annually to support itn. This research consortium, established in 1999, primarily focuses on developing new tolerogenic approaches for treating and preventing diseases in three…

$11M expenses · 15.9% of program spending · grants $27,772

Interventional immunologystudying health to understand diseasein june 2025, a team of bri scientists lead by jane buckner, md, cate speake, phd, megan smithmyer, phd, and alex hu, phd, published findings from the sound life project, a unique longitudinal study investigating how healthy immune systems differ from each other. The study followed 100 healthy individuals for two years, and participants donated blood samples over 10 visits and self-reported information about diet, exercise, travel and health through weekly surveys.in this first publication, the investigators measured 174 different…

$7.1M expenses · 10.6% of program spending · grants $495K

Fundamental immunology or basic discoveryunderstanding how targeting specific regulatory cells could lead to new ways to treat systemic lupus erythematosus (sle)in november 2024, steve ziegler, phd, a principal investigator in bri's center for fundamental immunology, received a grant from the national institute of allergy and infectious diseases of the national institutes of health to investigate how a subset of regulatory cells is dysfunctional in controlling autoantibody production in individuals with sle.this work builds off decades of dr. Ziegler's previous research into foxp3, a critical…

$3.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER VMFH
Officer, 4.00 hrs/week
$0$5,665,901$88,958$5,754,859
TREASURER / SVP & CFO VMFH
Officer, 10.00 hrs/week
$0$872,310$61,972$934,282
PRESIDENT
Officer, 40.00 hrs/week
$662,039$0$34,193$696,232
CORPORATE SECRETARY / VP DIV GENERAL COUNSEL
Officer, 2.00 hrs/week
$0$428,659$45,640$474,299
EXECUTIVE DIRECTOR & COO
Officer, 40.00 hrs/week
$414,933$0$37,422$452,355
MEMBER, CENTER FOR FUNDAMENTAL IMMUNOLOGY
Highest compensated employee, 40.00 hrs/week
$263,761$0$36,706$300,467
ASSOCIATE RESEARCH MEMBER
Highest compensated employee, 40.00 hrs/week
$244,296$0$28,953$273,249
MEMBER, CENTER FOR FUNDAMENTAL IMMUNOLOGY
Highest compensated employee, 40.00 hrs/week
$228,087$0$34,306$262,393

94 people received more than $100,000 in reportable compensation from Benaroya Research Institute at Virginia (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

7 filings since 2019

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$25M$50M$75M$100M20192020FY2022FY2023FY2024FY2025$81M$81M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$81M$81M83.0%$58M$5,754,859
FY2024 ⓘ$94M$88M84.2%$56M$2,646,290
FY2023 ⓘ$82M$83M82.9%$52M$3,097,504
FY2022 ⓘ$95M$84M84.4%$55M$3,596,145
FY2021 (6 mo.) ⓘ$38M$37M83.8%$55M—
2020 ⓘ$68M$71M82.9%$50M$1,917,873
2019 ⓘ$73M$71M82.5%$51M$1,992,816

Governance 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–1b14 · 14 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 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 4Yes
  • 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 5329

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
INFINITY BIOLOGIX LLC
Laboratory services
$801,807

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

9 private foundations reported grants to Benaroya Research Institute at Virginia totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Benaroya Research Institute at Virginia's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Benaroya Research Institute at Virginia, you can publish a response that is linked from this page.

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Questions people ask

How much of Benaroya Research Institute at Virginia's spending goes to programs?

In the fiscal year ending June 30, 2025, Benaroya Research Institute at Virginia reported that 83.0% of its $80.7 million in expenses went to program services, 17.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Benaroya Research Institute at Virginia pay its top executive?

The largest total compensation Benaroya Research Institute at Virginia reported for one person in the fiscal year ending June 30, 2025 was $5,754,859, for the role of CHIEF EXECUTIVE OFFICER VMFH (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Benaroya Research Institute at Virginia get its money?

Of $81.3 million in revenue in the fiscal year ending June 30, 2025, 89.9% came from contributions and grants (including 69.8% from government grants) and 8.2% from program service revenue (Form 990, Part VIII).

Is Benaroya Research Institute at Virginia a registered charity?

The IRS lists EIN 91-0653422 as a 501(c)(3) organization (hospital or medical research organization), 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 June 30, 2025, object 202621339349307917 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521279349302682 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349302668 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349309426 · read the filing
  • FY2021 (6 mo.): Form 990 for the 6-month short period ending June 30, 2021, object 202231369349317843 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143219349301719 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013169349303241 · read the filing

All filings for EIN 91-0653422: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.