The Pasteur Foundation supports grants for the research carried out by institut Pasteur. The Foundation also develops exchanges between institut Pasteur and US scientists by way of several exchange programs.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$242K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $66K a year · 7% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$242K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Plus $984K in investments, Pt X · Ln 11–13
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$19K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 6 voting members
Worth a look: 1 of 6 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$678K
-55% vs prior year
Spent
$1.0M
To programs
76%
Net assets
$1.8M
By yearFY2020–FY2024
Revenue
$678K
FY2023▼ -55%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$452K
FY2022$1.5M
FY2023$678K
FY2024$625K
Expenses
$1.0M
FY2023▲ +48%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$687K
FY2022$710K
FY2023$1.0M
FY2024$1.0M
Net assets
$1.8M
FY2023▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.9M
FY2023$1.8M
FY2024$1.7M

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1952.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $796K Management & general 10% · $108K Fundraising 14% · $145K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $242K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$229,983Pt VII · Sec A
$12,500Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Gregory a Corsico’s $121K as Executive Dir. is at the 80th percentile of top reported officer pay among 312 $100K–1M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gregory a Corsico$121,102$229,983$216,388$226,175$219,352
Emily Warne$115,769————
Deborah a Nilson—$12,500$7,375$9,535$9,912

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pasteur Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds research and fosters scientific exchanges with Institut Pasteur.

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Provided by the organization

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1 program · $796K · in their own filed words · FY2023
01

The pasteur foundation supports grants for the research carried out by institut pasteur. The foundation also develops exchanges between institut pasteur and us scientists by way of several exchange programs for postdoctoral and other scientists as well as for undergraduate students.

$796Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$678K
Ln 12
Gifts and grantsLn 1h$622K
Investment incomeLn 3$56K
Money outPt IX
$1.0M
Ln 25
Programscol B$796K
Managementcol C$108K
Fundraisingcol D$145K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$803K
Total assetsLn 16$1.8M
LiabilitiesLn 26$19K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$622K
Investment incomeLn 3$56K
Gains on assetsLn 7$42K
Total revenueLn 12$678K
Assets in detailPt X, end of year
CashLn 1$635K
SavingsLn 2$168K
Cash and savings togetherLn 1–2$803K
InvestmentsLn 11–13$984K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$0
Total assetsLn 16$1.8M
LiabilitiesLn 26$19K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.1M$803K
InvestmentsLn 11–13$858K$984K
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$1.9M$1.8M
LiabilitiesLn 26$19K$19K
Net assetsLn 32$1.9M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$612K$612K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$230K$74K$57K$99K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$10K$3K$2K$4K
Other employee benefitsLn 9$968$310$242$416
Payroll taxesLn 10$14K$4K$3K$6K
Management feesLn 11a$0
Legal feesLn 11b$12K$8K$4K$1K
Accounting feesLn 11c$15K$9K$5K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$36K$21K$11K$4K
Advertising and promotionLn 12$2K$888$888$196
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$36K$12K$9K$15K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$35$11$9$15
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$859$293$283$283
InsuranceLn 23$3K$2K$2K$340
Other expenses (24a–d)Ln 24$61K$42K$8K$11K
All other expensesLn 24e$16K$7K$6K$3K
Total functional expensesLn 25$1.0M$796K$108K$145K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $625K$1.0M−$385K$1.7M 990 PDF
FY2023 Viewing $678K$1.0M−$371K$1.8M 990 PDF
FY2022 $1.5M$710K$793K$1.9M 990 PDF
FY2021 $452K$687K−$235K$1.5M 990 PDF
FY2020 $1.3M$1.4M−$134K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $678,152 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,473,721$622,478
I-9 Program service revenue$0
I-10 Investment incomePrior year $29,888$55,674
I-11 Other revenue$0
I-12 Total revenuePrior year $1,503,609$678,152
I-13 Grants and similar amounts paidPrior year $285,480$612,216
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $232,060$254,105
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $204,654$182,376
I-18 Total expensesPrior year $722,194$1,048,697
I-19 Revenue less expensesPrior year $781,415−$370,545
Part VI · Governance 1 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $678,152 across 8 lines filed
VIII-1f All other contributions, gifts and grants$622,478
VIII-1h Total contributions, gifts and grants$622,478
VIII-3 Investment incomeRelated to mission $13,864$13,864
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $41,810$41,810
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $55,674$678,152
Part IX · Statement of functional expenses $1,048,697 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $612,216$612,216
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $73,594 · Management $57,496 · Fundraising $98,893$229,983
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributionsPrograms $3,072 · Management $2,400 · Fundraising $4,128$9,600
IX-9 Other employee benefitsPrograms $310 · Management $242 · Fundraising $416$968
IX-10 Payroll taxesPrograms $4,337 · Management $3,389 · Fundraising $5,828$13,554
IX-11a Management fees$0
IX-11b Legal feesPrograms $7,500 · Management $3,750 · Fundraising $1,250$12,500
IX-11c Accounting feesPrograms $9,264 · Management $4,631 · Fundraising $1,543$15,438
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $21,450 · Management $10,725 · Fundraising $3,575$35,750
IX-12 Advertising and promotionPrograms $888 · Management $888 · Fundraising $196$1,972
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $11,501 · Management $8,984 · Fundraising $15,456$35,941
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $11 · Management $9 · Fundraising $15$35
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $293 · Management $283 · Fundraising $283$859
IX-23 InsurancePrograms $1,531 · Management $1,531 · Fundraising $340$3,402
IX-24 Other expenses (24a–d)Programs $42,418 · Management $7,575 · Fundraising $10,593$60,586
IX-24e All other expensesPrograms $7,133 · Management $6,249 · Fundraising $2,511$15,893
IX-25 Total functional expensesPrograms $795,518 · Management $108,152 · Fundraising $145,027$1,048,697
Part X · Balance sheet $1,788,555 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $279,808$635,044
X-2 Savings and temporary cash investmentsStart of year $802,199$168,324
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $158$0
X-10c Land, buildings and equipment, netStart of year $2,456$1,597
X-11 Publicly traded securitiesStart of year $858,162$983,590
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $4,554$0
X-16 Total assetsStart of year $1,947,337$1,788,555
X-17 Accounts payable and accrued expensesStart of year $19,062$12,500
X-25 Other liabilities$6,215
X-26 Total liabilitiesStart of year $19,062$18,715
X-27 Net assets without donor restrictionsStart of year $1,926,251$1,768,115
X-28 Net assets with donor restrictionsStart of year $2,024$1,725
X-32 Total net assets or fund balancesStart of year $1,928,275$1,769,840
X-33 Total liabilities and net assetsStart of year $1,947,337$1,788,555
Part XI · Reconciliation of net assets $1,769,840 net assets at year end
XI-1 Total revenue$678,152
XI-2 Total expenses$1,048,697
XI-3 Revenue less expenses−$370,545
XI-4 Net assets at start of year$1,928,275
XI-5 Net unrealized gains (losses) on investments$212,110
XI-10 Net assets at end of year$1,769,840

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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