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Organizations Philanthropy, Voluntarism & Grantmaking Novo Nordisk Fonden

Novo Nordisk Fonden

Fiscal year ending 2024. Filed on November 17, 2025.

Tuborg Havnevej 19
Hellerup, DA

Novo Nordisk Fonden (EIN: 98-1718091) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Novo Nordisk Fonden, a 501(c)(4) civic league or social welfare organization, reported compensation for 13 out of 245 total employees. Among the employees shown here, the average compensation is $344,814. The highest compensated employee at Novo Nordisk Fonden is Mads Krogsgaard Thomsen with fiscal year 2024 compensation of $1,598,724.

Revenue, expenses, and employee compensation

Revenue

$1,362,313,838

Expenses

$1,252,266,819

Employee compensation

$45,882,892
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mads Krogsgaard Thomsen
Chief Executive Officer
$1,598,724
$1,284,200 No related comp$314,524
Lars Rebien Sorensen
Chair
$672,365
$374,302 $298,063 No other comp
Soren Nedergaard
Chief Operating Officer
$560,766
$495,106 No related comp$65,660
Erika Soderberg Johnsson
Chief Financial Officer
$452,991
$452,991 No related compNo other comp
Steen Riisgaard
Director
$413,317
$223,624 $189,693 No other comp
Lars Henrik Munch
Vice Chair
$172,431
$172,431 No related compNo other comp
Lars Henrik Fugger
Director
$122,688
$122,688 No related compNo other comp
Christopher Ashby Voigt
Director
$103,691
$103,691 No related compNo other comp
Nana Sejbaek
Director
$86,289
$86,289 No related compNo other comp
Liselotte Hojgaard
Director
$85,708
$85,708 No related compNo other comp
Ole Jakob Muller
Director
$71,206
$71,206 No related compNo other comp
Stig Strobaek
Director
$71,206
$71,206 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

NOVO NORDISK FONDEN (NNF) CONTRIBUTES SIGNIFICANTLY TO RESEARCH AND DEVELOPMENT THAT IMPROVES THE LIVES OF PEOPLE AND THE SUSTAINABILITY OF SOCIETY THROUGH GRANTMAKING.

Revisions to this organization profile

November 17, 2025:
2024 Novo Nordisk Fonden 990 filed
November 15, 2024:
2023 Novo Nordisk Fonden 990 filed

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