HOWARD HUGHES MEDICAL INSTITUTE
4000 JONES BRIDGE ROAD, CHEVY CHASE, MD 208156789 www.hhmi.org

Total Revenue
$1,467,289,681
Total Expenses
$947,377,660
Net Assets
$21,231,900,185

Organizations Filed Purposes: THE HOWARD HUGHES MEDICAL INSTITUTE ("INSTITUTE" OR "HHMI") IS THE NATION'S LARGEST PRIVATE BIOMEDICAL RESEARCH INSTITUTION, WITH OVER $21 BILLION IN NET ASSETS AT THE END OF ITS 2020 FISCAL YEAR. 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."

THE HOWARD HUGHES MEDICAL INSTITUTE IS A PHILANTHROPY THAT SERVES SOCIETY THROUGH THE DIRECT CONDUCT OF BIOMEDICAL RESEARCH AND SUPPORT FOR PROGRAMS IN SCIENCE EDUCATION.

MEDICAL RESEARCH ORGANIZATION ACTIVITIES (A) THE HHMI INVESTIGATOR PROGRAM (B) JANELIA RESEARCH CAMPUS (A) The HHMI Investigator Program The Howard Hughes Medical Institute's approach to biomedical research can be summarized in three words: people, not projects. By employing scientists as HHMI Investigators - rather than awarding research grants - the Institute provides long-term, flexible funding that enables its researchers to pursue their scientific interests wherever they lead. HHMI believes that scientists of exceptional talent and imagination will make fundamental discoveries of lasting scientific value and benefit to humanity if they are given the resources, time, and freedom to pursue challenging questions. HHMI Investigators receive a seven-year appointment, which is renewable pending favorable scientific review. The Institute nurtures the creativity and intellectual daring of scientists who are willing to set aside conventional wisdom or the "easy" question for a fundamental problem that may take many years to solve. Among the characteristics that distinguish this group of scientists are qualities such as creativity, a penchant for risk-taking, and a commitment to discovery, productivity, and perseverance. This unique research model is an imaginative and powerful alternative to funding biomedical research through grants. The HHMI Investigator Program employs more than 250 HHMI researchers, among them 14 Nobel laureates and more than 150 members of the National Academy of Sciences. HHMI Investigators direct Institute research laboratories on the campuses of 55 universities and other research organizations throughout the United States. Since the early 1990s, Investigators have been selected through rigorous national competitions. The Institute solicits applications directly from scientists at medical schools and other research institutions in the United States, with the aim of identifying those who have the potential to make significant contributions to science. HHMI employs an open application process to ensure that it is selecting its researchers from a broad and deep pool of scientific talent. In October 2019, the Institute announced that it is seeking to appoint approximately 20 new Investigators through a national open competition. HHMI anticipates selecting the new Investigators in Summer 2021. (B) Janelia Research Campus HHMI's Janelia Research Campus in Ashburn, Virginia, helps open scientific fields by breaking through technical and intellectual barriers. At Janelia, integrated teams of lab scientists and tool-builders pursue a small number of scientific questions with potential for transformative impact. To drive science forward, methods, results, and tools are shared with the scientific community. In late 2017, Janelia moved to a 15-year research model. Under this new model, Janelia plans to develop a given research area for roughly 15 years to gain traction and attract outside interest, at which point it will cycle to a new area of focus. This approach enables Janelia to stay at the frontier of science, advancing one to three research areas at any point in time. Janelia's first research area is Mechanistic Cognitive Neuroscience. Janelia intends to announce its second research area in the next fiscal year. In January 2020, Ron Vale became Janelia's second Executive Director. Vale had been an HHMI investigator at the University of California, San Francisco. He succeeded Janelia's Founding Executive Director, Gerry Rubin, who remains at Janelia to continue his scientific work. In the current fiscal year, there were 36 group leaders, four fellows, and 11 senior fellows at Janelia, in addition to graduate students, other scientific trainees, and visiting scientists. Janelia also operates a vibrant scientific conference program, bringing many scientists to its campus each year for educational meetings.

SCIENCE EDUCATION AND RESEARCH GRANT PROGRAMS (A) SCIENCE EDUCATION GRANT AND RESEARCH PROGRAMS (B) EDUCATIONAL MEDIA GROUP (C) TANGLED BANK STUDIOS (D) HANNA H GRAY FELLOWS (E) FACULTY SCHOLARS (F) E-LIFE OPEN ACCESS JOURNAL (CONTINUED ON SCHEDULE O)

SUPPORT FOR INTERNATIONAL SCIENCE 4c: Support for International Science International Research Scholars Program HHMI continues to support forty-one scientists from 16 countries who were selected in 2017 as International Research Scholars, exceptional early-career scientists poised to advance biomedical research across the globe. HHMI teamed up with the Bill & Melinda Gates Foundation, the Wellcome Trust, and the Calouste Gulbenkian Foundation to develop scientific talent around the world, and with these partners awarded a total of over $29.3 million to this group of scholars. Each researcher receives a five-year award of $715,000, including indirect costs. The award is a major boost for scientists early in their careers and offers the freedom to pursue new research directions and creative projects that could develop into top-notch scientific programs. Africa Health Research Institute in South Africa In 2009, HHMI helped launch the KwaZulu-Natal Research Institute for TB-HIV (K-RITH) in collaboration with the University of KwaZulu-Natal (UKZN) and has provided significant funding to support its research efforts. In 2016, in a move to improve the health of people locally and globally, K-RITH joined forces with the Africa Centre for Population Health to form a groundbreaking new interdisciplinary institute to fight tuberculosis (TB), HIV and related diseases. The new organization, the Africa Health Research Institute (AHRI), is located at the heart of South Africa's TB and HIV co-epidemic in KwaZulu-Natal Province. The effort brings together the Africa Centre's detailed population data from over 100,000 participants, with K-RITH's expertise in basic science and its world-class laboratory facilities. HHMI, together with the Wellcome Trust, continues to provide grant support to AHRI, with the University College London and UKZN serving as significant academic partners. AHRI is committed to working towards the elimination of HIV and TB. To achieve this, the institute will bring together leading researchers from different fields, use cutting-edge science to improve people's health, and will help to train the next generation of African scientists.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Erin H O'Shea PhdPRESIDENT40$1,392,624
Landis ZimmermanVP & CHIEF INVESTMENT OFFICER40$1,068,101
Gerald M Rubin PhdVP&EXEC DIR, JRC (UNTIL 1/20); SENIOR GROUP LEADER (AS OF 2/20)40$849,941
David Clapham PhdVP & CHIEF SCIENTIFIC OFFICER40$819,882
Sean B Carroll PhdVP FOR SCIENCE EDUCATION40$762,161
Eric Kandel MdINVESTIGATOR40$721,060
Richard Axel MdINVESTIGATOR40$700,343
Glen ZwickerMANAGING DIRECTOR & HEAD OF INVESTMENT OPS40$694,793
Tom Cech PhdINVESTIGATOR40$690,494
Heidi E Henning EsqVP & GENERAL COUNSEL & SECRETARY40$683,985
Randy W Schekman PhdINVESTIGATOR40$681,056
Robert Tjian PhdINVESTIGATOR/FORMER PRESIDENT40$594,895
Robert J Kolyer JrMANAGING DIRECTOR, DIVERSIFYING ASSETS40$563,329
Richard A PenderMANAGING DIRECTOR, GLOBAL EQUITIES40$554,482
Ronald Vale PhdVP & EXEC DIR, JANELIA RESEARCH CAMPUS (AS OF 2/20)40$513,211
Gregory DeninnoMANAGING DIRECTOR, PRIVATE INVESTMENTS40$470,617
Dennis Mckearin PhdSENIOR SCIENTIFIC OFFICER/FORMER VP OF OPERATIONS40$468,787
Lauren T Spiliotes EsqDEPUTY GENERAL COUNSEL & ASSISTANT SECRETARY40$465,218
Stephen JaskoCHIEF FINANCIAL OFFICER & TREASURER (UNTIL 10/19)40$455,247
Bodo Stern PhdCHIEF OF STRATEGIC INITIATIVES40$380,156
John PalmisanoCHIEF OF BUSINESS SOLUTIONS/FORMER VP FOR INFORMATION TECHNOLOGY40$310,991
Susan S PlotnickDIRECTOR OF FINANCE & ASSISTANT TREASURER40$248,954
Monique L MarcusCONTROLLER40$214,061
Jeremy ComptonASSISTANT CONTROLLER40$171,487
Kurt L Schmoke EsqTRUSTEE, CHAIR (UNTIL 5/20)6$60,000
Anne M TatlockTRUSTEE, CHAIR NOM & GOV COMM4$60,000
Joseph L Goldstein MdTRUSTEE, RESEARCH COMM4$50,000
Fred R LummisTRUSTEE, CHAIR FINANCE COMM4$50,000
Clayton S Rose PhdTRUSTEE, CHAIR (AS OF 5/20); CHAIR AUDIT & COMP (UNTIL 5/20)6$50,000
Alison F Richard PhdTRUSTEE, CHAIR EDUCATION COMM4$50,000
Paul M Nurse PhdTRUSTEE2$40,000
James A Baker Iii EsqTRUSTEE2$40,000
Debora L Spar PhdTRUSTEE, CHAIR AUDIT & COMP (AS OF 5/20)4$40,000
Charlene Barshefsky EsqTRUSTEE2$40,000
Margaret D TutwilerTRUSTEE2$33,333
Daniel A Cronin Mba PhdVP & CHIEF FINANCIAL & OPERATING OFFICER (AS OF 7/20)40$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202140779349300539_public.xml