Howard Hughes Medical Institute
Howard Hughes Medical Institute
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About this organization
Mission
THE HOWARD HUGHES MEDICAL INSTITUTE IS A PHILANTHROPY THAT SERVES SOCIETY THROUGH THE DIRECT CONDUCT OF BIOMEDICAL RESEARCH AND SUPPORT FOR PROGRAMS IN SCIENCE EDUCATION.
About
MEDICAL RESEARCH ORGANIZATION ACTIVITIES (A) THE HHMI INVESTIGATOR PROGRAM (B) JANELIA RESEARCH CAMPUS (A) The HHMI Investigator Program The Howard Hughes Medical Institute's approach to biomedical research can be summarized in three words: people, not projects. By employing scientists as HHMI investigators - rather than awarding research grants - the Institute provides long-term, flexible funding that enables its researchers to pursue their scientific interests wherever they lead. HHMI believes that scientists of exceptional talent and imagination will make fundamental discoveries of lasting scientific value and benefit to humanity if they are given the resources, time, and freedom to pursue challenging questions. The Institute nurtures the creativity and intellectual daring of scientists who are willing to set aside conventional wisdom or the "easy" question for a fundamental problem that may take many years to solve. Among the characteristics that distinguish this group of scientists are qualities such as creativity, a penchant for risk-taking, and a commitment to discovery, productivity, and perseverance. This unique research model is an imaginative and powerful alternative to funding biomedical research through grants. The HHMI Investigator Program employs more than 270 HHMI researchers, among them 15 Nobel laureates and more than 150 members of the National Academy of Sciences. HHMI investigators direct Institute research laboratories on the campuses of 59 universities and other research organizations throughout the United States. Since the early 1990s, investigators have been selected through rigorous national competitions. The Institute solicits applications directly from scientists at medical schools and other research institutions in the United States, with the aim of identifying those who have the potential to make significant contributions to science. HHMI employs an open application process to ensure that it is selecting its researchers from a broad and deep pool of scientific talent. (B) Janelia Research Campus HHMI's Janelia Research Campus in Ashburn, Virginia, helps open scientific fields by breaking through technical and intellectual barriers. At Janelia, integrated teams of lab scientists and tool-builders pursue a small number of scientific questions with potential for transformative impact. To drive science forward, methods, results, and tools are shared with the scientific community. In late 2017, Janelia moved to a 15-year research model. Under this new model, Janelia plans to develop a given research area for roughly 15 years to gain traction and attract outside interest, at which point it will cycle to a new area of focus. This approach enables Janelia to stay at the frontier of science, advancing 1-3 research areas at any point in time. Janelia's first 15-year research area is Mechanistic Cognitive Neuroscience. In October 2018, HHMI launched an open, international competition to identify an additional 15-year research focus to join the current research at Janelia. The new research area will be announced in Spring 2020. In February 2019, HHMI announced that Ron Vale, an HHMI investigator at the University of California, San Francisco, will be Janelia's next Executive Director. His appointment begins in February 2020. Vale succeeds Janelia's Founding Executive Director, Gerry Rubin, who will remain at Janelia to continue his scientific work. In the current fiscal year, there were 36 group leaders, five fellows, and 15 senior fellows at Janelia, in addition to graduate students, other scientific trainees, and visiting scientists. Janelia also operates a vibrant scientific conference program, bringing many scientists to its campus each year for educational meetings.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The howard hughes medical institute ("institute" or "hhmi") is the nation's largest private biomedical research institution, with almost $21 billion in net assets at the end of its 2019 fiscal year. the mission of the institute has remained constant since its founding in 1953. as its restated articles of incorporation state "the primary purpose and objective of the howard hughes medical institute shall be the promotion of human knowledge by conducting discovery research and science education, principally within fields associated with basic biomedical sciences, and the dissemination and application of that knowledge for the benefit of humanity."”.
When detailing its responsibilities, they were listed as: “The howard hughes medical institute is a philanthropy that serves society through the direct conduct of biomedical research and support for programs in science education.”.
- The state in which the non-profit is legally permitted to operate is DE.
- The address of the non-profit for 2020 according to the filing is 4000 JONES BRIDGE ROAD, CHEVY CHASE, MD, 208156789.
- The number of employees reported by the non-profit on their form as of 2020 is 3000.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $329,707,673.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 11 independent voting members.
- The organization was formed in 1953.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $504,827,068 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related family member transaction.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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