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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 2023. Filed on November 5, 2024.

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 2023 IRS Form 990 filing, Maimonides Research & Development Foundation, a 501(c)(3) charitable organization, reported compensation for 13 employees. Among the employees shown here, the average compensation is $911,672. The highest compensated employee at Maimonides Research & Development Foundation is Patrick Borgen, M.D. with fiscal year 2023 compensation of $2,056,402.

Revenue, expenses, and employee compensation

Revenue

$849,538

Expenses

$788,700

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Patrick Borgen, M.D.
President/Medical Director
$2,056,402
$0 $1,991,826 $64,576
Kenneth Gibbs
Director
$1,866,982
$0 $1,812,493 $54,489
Laurie Weinstein
Secretary
$1,313,346
$0 $1,258,857 $54,489
John Marshall, M.D.
Director
$1,150,223
$0 $1,084,567 $65,656
David Cohen, M.D.
Director
$1,012,705
$0 $970,153 $42,552
Anthony Kalloo, M.D.
Director
$863,760
$0 $825,420 $38,340
Afshin Razi, M.D.
Director
$722,364
$0 $654,738 $67,626
Jeffrey Avner, M.D.
Director
$647,635
$0 $595,596 $52,039
Ariel Schulman, M.D.
Director
$575,079
$0 $540,799 $34,280
Sergei Motov, M.D.
Director
$489,238
$0 $424,662 $64,576
Monica Ghitan, M.D.
Director
$413,299
$0 $351,138 $62,161
Yu Shai Lin, M.D.
Director
$381,639
$0 $313,856 $67,783

Benchmark Employee Compensation

Non-Employee Board Members

Chaskie Rosenberg
Director
Donna Astion, M.D.
Treasurer
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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