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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Medical Research Maimonides Research & Development Foundation

Maimonides Research & Development Foundation

Fiscal year ending 2021. Filed on November 9, 2022.

4802 Tenth Avenue
Brooklyn, New York 11219

Maimonides Research & Development Foundation (EIN: 11-2608229) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2021 IRS Form 990 filing, Maimonides Research & Development Foundation, a 501(c)(3) charitable organization, reported compensation for 16 employees. Among the employees shown here, the average compensation is $799,459. The highest compensated employee at Maimonides Research & Development Foundation is Patrick Borgen, M.D. with fiscal year 2021 compensation of $2,046,585.

Revenue, expenses, and employee compensation

Revenue

$1,623,416

Expenses

$570,938

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Borgen, M.D.
President/Medical Director
$2,046,585
$0 $1,989,630 $56,955
Kenneth Gibbs
Director
$1,803,591
$0 $1,755,478 $48,113
John Marshall, M.D.
Director
$1,117,939
$0 $1,059,904 $58,035
David Cohen, M.D.
Director
$986,004
$0 $941,522 $44,482
Harry Adler, M.D.
Director
$827,925
$0 $781,062 $46,863
Joyce Leahy
Former Secretary/Dir
$772,859
$0 $737,889 $34,970
Laurie Weinstein
Secretary AS of 7/1/2021
$769,888
$0 $724,525 $45,363
Afshin Razi, M.D.
Director
$763,642
$0 $704,687 $58,955
Thomas Smith, Dnp
Director THRU 12/16/2021
$646,089
$0 $613,343 $32,746
Jeffrey Avner, M.D.
Director
$626,502
$0 $580,764 $45,738
Anthony Kalloo, M.D.
Director AS of 7/1/2021
$577,907
$0 $560,267 $17,640
Sergei Motov, M.D.
Director
$478,799
$0 $421,844 $56,955

Benchmark Employee Compensation

Non-Employee Board Members

Chaskie Rosenberg
Director AS of 7/1/2021
Donna Astion, M.D.
Treasurer/Secr 1/1-6/30/21
Jacob Solome, M.D.
Director
Marvin Eisenstadt
Director
Robert MacHinist
Vice President
Steven Eisenstadt
Chair

Mission Statement

MAIMONIDES RESEARCH AND DEVELOPMENT FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR THE EDUCATIONAL, SCIENTIFIC, MEDICAL AND CHARITABLE PURPOSES CARRIED ON BY MAIMONIDES MEDICAL CENTER.

Revisions to this organization profile

November 7, 2025:
2024 Maimonides Research & Development Foundation 990 filed
November 5, 2024:
2023 Maimonides Research & Development Foundation 990 filed
November 13, 2023:
2022 Maimonides Research & Development Foundation 990 filed

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