Non-Profit Spending Reports

Novo Nordisk Fonden

Hellerup, None · EIN 98-1718091 · Philanthropy and grantmaking · Rank 479 by total revenue

Novo nordisk fonden (nnf) contributes significantly to research and development that improves the lives of people and the sustainability of society through grantmaking.

Money, Form 990 for tax year 2024

Total revenue
$1,362,313,838
Total expenses
$1,252,266,819
Total assets
$8,588,465,835
Salary base (all salaries and wages)
$39,301,200
Salaries, other pay and benefits
$45,882,892
Employees
245
Salary base per employee
$160,413

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (13)

NameTitleRole Hours/weekTotal pay
Mads Krogsgaard ThomsenCEOOfficer 40 $1,598,724
Lars Rebien SorensenCHAIRBoard, Officer 1 $672,365
Soren NedergaardCOOOfficer 40 $560,766
Erika Soderberg JohnssonCFOOfficer 40 $452,991
Lars Henrik MunchVICE CHAIRBoard, Officer 1 $172,431
Steen RiisgaardDIRECTORBoard 1 $413,317
Lars Henrik FuggerDIRECTORBoard 1 $122,688
Christopher Ashby VoigtDIRECTORBoard 1 $103,691
Nana SejbaekDIRECTORBoard 1 $86,289
Liselotte HojgaardDIRECTORBoard 1 $85,708
Mads Boritz GronDIRECTORBoard 1 $71,206
Stig StrobaekDIRECTORBoard 1 $71,206
Ole Jakob MullerDIRECTORBoard 1 $71,206

Top 10 paid people listed

These 10 people received $4,268,970, which is 10.9% of the $39,301,200 salary base shared by 245 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Mads Krogsgaard ThomsenCEOOfficer 40 $1,284,200$0 $314,524$1,598,724
Lars Rebien SorensenCHAIRBoard, Officer 1 $374,302$298,063 $0$672,365
Soren NedergaardCOOOfficer 40 $495,106$0 $65,660$560,766
Erika Soderberg JohnssonCFOOfficer 40 $452,991$0 $0$452,991
Steen RiisgaardDIRECTORBoard 1 $223,624$189,693 $0$413,317
Lars Henrik MunchVICE CHAIRBoard, Officer 1 $172,431$0 $0$172,431
Lars Henrik FuggerDIRECTORBoard 1 $122,688$0 $0$122,688
Christopher Ashby VoigtDIRECTORBoard 1 $103,691$0 $0$103,691
Nana SejbaekDIRECTORBoard 1 $86,289$0 $0$86,289
Liselotte HojgaardDIRECTORBoard 1 $85,708$0 $0$85,708

Sources