Robert W Woodruff Health Sciences Center Fund Inc

EIN: 582229271 501(c)(3) Education

Atlanta, GA

Total Revenue
$147,536,895
Total Expenses
$67,930,180
Total Assets
$1,294,856,818
Net Assets
$1,294,854,844
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
GA
Principal Officer
Erik S Johnson
Phone
4045226755
Tax Period
2024-09-01 to 2025-08-31

Robert W Woodruff Health Sciences Center Fund Inc, founded in 1996, is a major nonprofit in the Education sector that reported $147.5M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79.6M, a strong 54% operating margin.

Mission

To make grants and provide support benefitting Emory University's Robert W. Woodruff Health Sciences institutions, which includes Emory's schools of medicine, nursing, and public health and its medical research laboratories and hospitals.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $147,536,895
Other Revenue $0
TOTAL REVENUE $147,536,895

Expense Breakdown

Grants Paid $66,500,000
Salaries & Benefits $485,830
Fundraising Expenses $0
Program Expenses $66,809,383
Other Expenses $944,350
TOTAL EXPENSES $67,930,180

Year-over-Year Comparison

2024 2023 Change
Revenue $147,536,895 $104,870,728 +0.4%
Expenses $67,930,180 $51,713,579 +0.3%
Net Income $79,606,715 $53,157,149 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
14
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$206,620
Total Directors
5
$25,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
E JENNER WOOD III TRUSTEE CHAIRMAN 2.00
Director
$5,000 $0 $5,000
JOHN G RICE TRUSTEE VICE CHAIRMAN 1.00
Director
$5,000 $0 $5,000
TIMOTHY C ROLLINS TRUSTEE 1.00
Director
$5,000 $0 $5,000
LAWRENCE L GELLERSTEDT III TRUSTEE 1.00
Director
$5,000 $0 $5,000
KATHELEN V AMOS TRUSTEE 1.00
Director
$5,000 $0 $5,000
P RUSSELL HARDIN PRESIDENT - RETIRED 1/31/2025 4.00
Officer
$99,751 $6,901 $106,652
ERIK S JOHNSON PRESIDENT - ELECTED 2/1/2025 4.00
Officer
$41,761 $6,574 $48,335
ELI P NIEPOKY TREASURER 4.00
Officer
$35,639 $7,468 $43,107
SARA E BLALOCK SECRETARY - ELECTED 2/1/2025 4.00
Officer
$7,609 $917 $8,526
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $147,536,895 $67,930,180 $1,294,856,818 $79,606,715
2024 $104,870,728 $51,713,579 $1,215,248,476 $53,157,149
2023 $94,265,802 $46,914,315 $1,162,091,366 $47,351,487
2022 $188,927,419 $179,850,991 $1,114,739,846 $9,076,428
2021 $199,448,240 $215,292,033 $1,105,663,411 $-15,843,793
2020 $98,531,215 $120,638,600 $1,121,507,367 $-22,107,385
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