Compensation 990

Howard Hughes Medical Institute

Fiscal year ending 2024. Filed on February 14, 2025.

4000 Jones Bridge Road
41st Fl
Chevy Chase, Maryland 20815

Howard Hughes Medical Institute (EIN: 59-0735717) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Howard Hughes Medical Institute, a 501(c)(3) charitable organization, reported compensation for 34 out of 2,567 total employees. Among the employees shown here, the average compensation is $674,230. The highest compensated employee at Howard Hughes Medical Institute is Donald Koch with fiscal year 2024 compensation of $3,664,516.

Revenue, expenses, and employee compensation

Revenue

$1,760,221,928

Expenses

$1,152,447,870

Employee compensation

$458,688,071
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋44.2%vs 2023
Donald Koch
Vice President and Chief Investment Officer
$3,664,516
$3,592,895 from orgNo related comp$71,621 other
＋72.2%vs 2023
Mark Sproles
Managing Director, Private Markets
$1,692,904
$1,625,452 from orgNo related comp$67,452 other
＋1.3%vs 2023
Erin K O'Shea, Ph.D.
President
$1,660,638
$1,596,598 from orgNo related comp$64,040 other
＋6.1%vs 2023
Glen Zwicker
Managing Director and HEAD of Investment Operations
$1,524,909
$1,454,312 from orgNo related comp$70,597 other
－32.4%vs 2023
Richard A Pender
Managing Director, Public Markets (Thru 4/23)
$1,140,715
$1,107,827 from orgNo related comp$32,888 other
＋753.5%vs 2023
Blanton Tolbert, Ph.D.
Vice President Science Leadership and Culture
$1,113,203
$1,060,174 from orgNo related comp$53,029 other
New in 2024
Karen Eifler
Managing Director, Public Markets
$1,024,031
$989,382 from orgNo related comp$34,649 other
＋17.4%vs 2023
Heidi E Henning, Esq
Vice President and General Counsel and Secretary
$952,355
$889,582 from orgNo related comp$62,773 other
＋2.4%vs 2023
Sean B Carroll, Ph.D.
Investigator/ Former Vice President SCI and Ed.Media Group (Thru 11/23)
$905,196
$848,487 from orgNo related comp$56,709 other
New in 2024
Justin Galen
Managing Director, Private Markets (Thru 4/24)
$894,194
$827,774 from orgNo related comp$66,420 other
＋19.3%vs 2023
Leslie B Vosshall, Ph.D.
Vice President and Chief Scientific Officer
$880,276
$811,829 from orgNo related comp$68,447 other
＋2.9%vs 2023
Ronald Vale, Ph.D.
Vice President and EXEC Director, Janelia Research Campus (Thru 07/24)
$807,718
$749,798 from orgNo related comp$57,920 other

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

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.

Other organizations also named Howard Hughes Medical Institute

Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust
Chevy Chase, Maryland

Revisions to this organization profile

February 14, 2025:
2024 Howard Hughes Medical Institute 990 filed
February 21, 2024:
2023 Howard Hughes Medical Institute 990 filed
February 22, 2023:
2022 Howard Hughes Medical Institute 990 filed

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