INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION Charity Report

Public IRS 990 nonprofit record

INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION

EIN 21-0634988 · Science & Technology (U050)

What they do

THE INSTITUTE for ADVANCED STUDY (THE INSTITUTE) is ONE of THE WORLDS LEADING CENTERS for THEORETICAL RESEARCH and INTELLECTUAL INQUIRY. SEE SCHEDULE O.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

66.74%of revenue went to mission work62.4% of expenses · Program services

2.88%of revenue went to fundraising2.7% of expenses

$107.00spent for every $100 of revenueSpending was higher than revenue this year.

37.37%of revenue went to management and office costs34.9% of expenses

$15.34in assets for every $1 spent this yearSome assets cannot be spent right away.

74.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,221,214 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,013,327 for DAVID NIRENBERG (DIRECTOR/TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$88,930,858

Mission workProgram services$59,354,35066.74% of revenue62.4% of expenses

ManagementOffice and general costs$33,237,88337.37% of revenue34.9% of expenses

FundraisingAsking for donations$2,559,8392.88% of revenue2.7% of expenses

Total expenses$95,152,072107.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.4% mission · 34.9% management · 2.7% fundraisingTotal expenses: 107.00% of revenue

2023Expense mix: 53.1% mission · 44.6% management · 2.3% fundraisingTotal expenses: 112.72% of revenue

2022Expense mix: 54.8% mission · 43.3% management · 1.9% fundraisingTotal expenses: 85.41% of revenue

2021Expense mix: 56.6% mission · 41.8% management · 1.6% fundraisingTotal expenses: 55.01% of revenue

2020Expense mix: 50.2% mission · 47.1% management · 2.7% fundraisingTotal expenses: 114.61% of revenue

2019Expense mix: 54.5% mission · 42.5% management · 3.0% fundraisingTotal expenses: 172.82% of revenue

2018Expense mix: 53.6% mission · 43.2% management · 3.2% fundraisingTotal expenses: 168.71% of revenue

2017Expense mix: 53.7% mission · 43.6% management · 2.7% fundraisingTotal expenses: 117.05% of revenue

Money in and money out

Revenue$88,930,858

Expenses$95,152,072

Annual shortfall $6,221,214 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$59,354,350 · 62.4% of expenses

Management and office costs$33,237,883 · 34.9% of expenses

Fundraising$2,559,839 · 2.7% of expenses

See all reported dollar amounts

Revenue$88,930,858

Expenses$95,152,072

Assets$1,459,827,352

Income$294,694,802

Contributions$66,190,104

Mission work (program services)$59,354,350

Fundraising$2,559,839

Grants given$710,000

Average grant$101,429

Management and general$33,237,883

Stocks and bonds$190,060,219

Accounting fees$216,193

Investing fees$2,500,149

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID NIRENBERGDIRECTOR/TRUSTEE · 60 hrs/week $1,013,327Base $930,138 · Other $83,189

JEFFREY GATTOCHIEF INVESTMENT OFFICER · 50 hrs/week $788,449Base $727,073 · Other $61,376

NATHAN SEIBERGNATURAL SCIENCE FACULTY · 40 hrs/week $597,273Base $520,495 · Other $76,778

MATIAS ZALDARRIAGANATURAL SCIENCE FACULTY · 40 hrs/week $559,724Base $471,641 · Other $88,083

ALEXANDRA DAYASSOCIATE DIRECTOR · 55 hrs/week $544,360Base $451,039 · Other $93,321

NIMA ARKANI-HAMEDNATURAL SCIENCE FACULTY · 40 hrs/week $541,457Base $467,406 · Other $74,051

ADAM SOLANINVESTMENT OFFICER · 50 hrs/week $532,779Base $481,565 · Other $51,214

JANINE PURCAROASSOCIATE DIRECTOR FOR FINANCE · 55 hrs/week $525,771Base $464,276 · Other $61,495

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

DAVID NIRENBERGDIRECTOR/TRUSTEE

JEFFREY GATTOCHIEF INVESTMENT OFFICER

NATHAN SEIBERGNATURAL SCIENCE FACULTY

MATIAS ZALDARRIAGANATURAL SCIENCE FACULTY

ALEXANDRA DAYASSOCIATE DIRECTOR

NIMA ARKANI-HAMEDNATURAL SCIENCE FACULTY

ADAM SOLANINVESTMENT OFFICER

JANINE PURCAROASSOCIATE DIRECTOR FOR FINANCE

PAULINE YUTRUSTEE

PETER SVENNILSONTRUSTEE

PAUL DIMAGGIOTRUSTEE (AS OF 10/2024)

VICTORIA B BJORKLUNDTRUSTEE

NEIL A CHRISSTREASURER

SANDRA PETERSONTRUSTEE

NANCY S MACMILLANSECRETARY (THRU 05/2025)

SHIRLEY TILGHMANTRUSTEE

NANCY B PERETSMANVICE CHAIR

MIKE SPEISERTRUSTEE

MARK HEISINGTRUSTEE

MARIO DRAGHITRUSTEE

JORN RAUSINGTRUSTEE

JONATHAN NELSONTRUSTEE

JOHN OVERDECKCHAIR

JEANETTE LERMAN-NEUBAUERTRUSTEE

GIGLIOLA STAFFILANITRUSTEE

FRED HUTRUSTEE

EVA MARDERTRUSTEE (THRU 10/2024)

DAVID M RUBENSTEINTRUSTEE

DARVD F MARQUARDTTRUSTEE

CHRISTOPHER COLETRUSTEE

CHARLES SIMONYICHAIR EMERITUS/TRUSTEE

ANOOP PRASADTRUSTEE (AS OF 10/2024)

ANN-KRISTIN ACHLEITNERTRUSTEE/SECRETARY (AS OF 05/2025)

About this charity

Recognized since: January 1931
Location: 1 EINSTEIN DR, PRINCETON, NJ 08540-4952
County: Mercer
In care of: % JANINE PURCARO
Primary officer: JANINE PURCARO, ASSOCIATE DIRECTOR FOR FINANCE

How to reach them

WebsiteVisit the charity’s website Emailcontactus@ias.edu Phone(609) 734-8000 Officer phone(609) 734-8046

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Science & Technology (U050)
Grant-giving organization: Yes