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Howard Hughes Medical Institute

Public charity990-T FY2023
Other · CHEVY CHASE, MD · EIN 59-0735717

About

The mission of the institute has remained constant since its founding in 1953. As its restated articles of incorporation state the primary purpose and objective of the howard hughes medical institute shall be the promotion of human knowledge by conducting discovery research and science education, principally within fields associated with basic biomedical sciences, and the dissemination and application of that knowledge for the benefit of humanity.

Donations are tax-deductible
Category
Other
Employees
2,567
Volunteers
0

Financial Snapshot

FY ending 2024-08-31
Revenue
$1.8B
Expenses
$1.2B
Assets
$27.3B
Liabilities
$1.7B

Financial history

$2.1B$1.1B$0
161718192021222324
RevenueExpenses
Latest FY2024: $1.8B · Peak FY2022: $2.1B · Avg: $1.5B

Foreign activity (Schedule F)

Total spent abroad$10.5B
Foreign employees57
Foreign offices0
Foreign partnership interestYes
Foreign trust interestYes
RegionActivitySpent
Europe (Including Iceland and Greenland)
Sub-Saharan Africa
Europe (Including Iceland and Greenland)
Central America and the Caribbean
North America (Canada & Mexico only)
Europe (Including Iceland and Greenland)
Central America and the Caribbean
South America
North America (Canada & Mexico only)
East Asia and the Pacific
South Asia
Sub-Saharan Africa
Russia and Neighboring States
Middle East and North Africa
Central America and the Caribbean
East Asia and the Pacific
Europe (Including Iceland and Greenland)
North America (Canada & Mexico only)
South America
Central America and the Caribbean
East Asia and the Pacific
Europe (Including Iceland and Greenland)
Middle East and North Africa
North America (Canada & Mexico only)
South America

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$208K
Grants Given
$1.3M
HOWARD HUGHES MEDICAL INSTITUTE
Your actions

Address

4000 Jones Bridge RD
Chevy Chase, MD, 20815-672

Governance

Voting board members11
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.