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Organizations Philanthropy, Voluntarism & Grantmaking Novo Holdings AS

Novo Holdings AS

Fiscal year ending 2024. Filed on November 15, 2025.

Tuborg Havnevej 19
Hellerup, DA

Novo Holdings AS (EIN: 98-0571483) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Novo Holdings AS, a 501(c)(4) civic league or social welfare organization, reported compensation for 11 out of 126 total employees. Among the employees shown here, the average compensation is $899,536. The highest compensated employee at Novo Holdings AS is Kasim Kutay with fiscal year 2024 compensation of $7,125,236.

Revenue, expenses, and employee compensation

Revenue

$3,542,774,981

Expenses

$277,559,658

Employee compensation

$64,804,857
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kasim Kutay
Chief Executive Officer
$7,125,236
$2,442,078 No related comp$4,683,158
Lars Rebien Sorensen
Chair
$672,365
$298,063 $374,302 No other comp
Nigel Kevin Govett
Chief Financial Officer
$626,661
$498,174 No related comp$128,487
Steen Riisgaard
Vice Chair
$413,317
$189,693 $223,624 No other comp
Jean-Luc Butel
Director
$213,342
$213,342 No related compNo other comp
Susanne Antonie Schaffert
Director
$191,706
$191,706 No related compNo other comp
Britt Meelby Jensen
Director
$175,479
$175,479 No related compNo other comp
Viviane Monges
Director
$135,461
$135,461 No related compNo other comp
Francis Michael Cyprian Cuss
Director
$135,413
$135,413 No related compNo other comp
Henrik Poulsen
Director
$102,959
$102,959 No related compNo other comp
Jeppe Christiansen
Director
$102,959
$102,959 No related compNo other comp

Benchmark Employee Compensation

Mission Statement

NOVO NORDISK FONDEN (NNF) IS AN ORGANIZATION RECOGNIZED BY THE IRS AS DESCRIBED IN SECTION 501(C)(4) THAT AWARDS GRANTS TO SUPPORT SCIENTIFIC, HUMANITARIAN AND SOCIAL CAUSES. NOVO HOLDINGS A/S (NH) HOLDS AND MANAGES NNF'S ENDOWMENT TO ENSURE THAT NNF HAS THE RESOURCES NECESSARY TO SUPPORT ITS SCIENTIFIC, HUMANITARIAN, AND OTHER SOCIAL WELFARE GRANTMAKING.

Revisions to this organization profile

November 15, 2025:
2024 Novo Holdings AS 990 filed
November 15, 2024:
2023 Novo Holdings AS 990 filed

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