Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Novo Holdings As
EIN 98-0571483 • 501(c)4 • Hellerup, DA
Profile
Novo holdings a/s (nh) holds and manages novo nordisk fonden's (nnf) endowment to ensure that nnf has the resources necessary to support its scientific, humanitarian, and other social welfare grantmaking.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.23x
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 0.2% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$36,173,313,408
No earlier filing loaded for comparison.
Liabilities
$8,222,237,255
No earlier filing loaded for comparison.
Net Assets
$27,951,076,153
No earlier filing loaded for comparison.
Revenue
$3,542,774,981
No earlier filing loaded for comparison.
Expenses
$277,559,658
No earlier filing loaded for comparison.
Net Income
$3,265,215,323
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $36,173,313,408
- Liabilities
- $8,222,237,255
- Net assets
- $27,951,076,153
- Revenue
- $3,542,774,981
- Expenses
- $277,559,658
- Net income
- $3,265,215,323
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $297,035,364,216
Mission and Program Overview
Mission
Novo holdings a/s (nh) holds and manages novo nordisk fonden's (nnf) endowment to ensure that nnf has the resources necessary to support its scientific, humanitarian, and other social welfare grantmaking.
Novo nordisk fonden (nnf) is an organization recognized by the irs as described in section 501(c)(4) that awards grants to support scientific, humanitarian and social causes. Novo holdings a/s (nh) holds and manages nnf's endowment to ensure that nnf has the resources necessary to support its scientific, humanitarian, and other social welfare grantmaking.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $22,541,492,352 | $27,881,307,089 | ▲ $5,339,814,737 |
| Investments Other Securities | $18,755,538,453 | $23,435,469,126 | ▲ $4,679,930,673 |
| Investments in Publicly Traded Securities | $11,010,810,916 | $8,517,389,717 | ▼ $2,493,421,199 |
| Investments Program Related | $1,013,387,857 | $3,652,835,675 | ▲ $2,639,447,818 |
| Cash and Non-Interest-Bearing Accounts | $187,654,776 | $287,102,635 | ▲ $99,447,859 |
| Accounts Receivable | $141,280,497 | $222,190,615 | ▲ $80,910,118 |
| Cap Stk Tr Prin Current Funds | $74,035,685 | $69,769,064 | ▼ $4,266,621 |
| Land, Buildings, and Equipment, Net | $63,452,892 | $58,325,640 | ▼ $5,127,252 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Total Assets | $31,172,125,391 | $36,173,313,408 | ▲ $5,001,188,017 |
| Liabilities | |||
| Other Liabilities | $4,700,338,317 | $5,104,565,926 | ▲ $404,227,609 |
| Unsecured Notes Loans Payable | $3,492,083,920 | $3,050,012,074 | ▼ $442,071,846 |
| Mortgage Notes Payable Secured by Investment Property | $32,469,459 | $31,767,720 | ▼ $701,739 |
| Accounts Payable and Accrued Expenses | $23,469,577 | $18,619,385 | ▼ $4,850,192 |
| Deferred Revenue | $308,236,081 | $17,272,150 | ▼ $290,963,931 |
| Total Liabilities | $8,556,597,354 | $8,222,237,255 | ▼ $334,360,099 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $22,615,528,037 | $27,951,076,153 | ▲ $5,335,548,116 |
| Total Liabilities and Net Assets / Fund Balance | $31,172,125,391 | $36,173,313,408 | ▲ $5,001,188,017 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $58,325,640 | $8,050,871 | $66,376,511 |
| Other Land Buildings | $0 | $456,620 | $456,620 |
| Investment Program Related Org | $3,652,835,675 | - | - |
| Other Securities | $5,171,772 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $22,615,532,687 | - | ▲ $7,406,265,262 | - | $30,021,797,949 |
| 2023 | $18,849,929,666 | - | ▲ $3,765,603,021 | - | $22,615,532,687 |
| 2022 | $23,493,151,699 | - | ▲ $983,490,042 | - | $18,849,929,666 |
| 2021 | $19,446,805,360 | - | ▲ $4,934,774,561 | - | $23,493,151,699 |
| 2020 | $16,863,996,446 | - | ▲ $3,767,379,877 | - | $19,446,805,360 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kasim Kutay | CEO | FT | $1,984,388 | $5,140,848 | $7,125,236 |
| Nigel Kevin Govett | CFO | FT | $349,237 | $277,424 | $626,661 |
| Lars Rebien Sorensen | Chair | - | $260,200 | $37,863 | $298,063 |
| Jean-luc Butel | Director | - | $159,253 | $54,089 | $213,342 |
| Susanne Antonie Schaffert | Director | - | $159,253 | $32,453 | $191,706 |
| Steen Riisgaard | Vice Chair | - | $173,467 | $16,226 | $189,693 |
| Britt Meelby Jensen | Director | - | $159,253 | $16,226 | $175,479 |
| Viviane Monges | Director | - | $135,461 | - | $135,461 |
| Francis Michael Cyprian Cuss | Director | - | $135,413 | - | $135,413 |
| Henrik Poulsen | Director | - | $102,959 | - | $102,959 |
| Jeppe Christiansen | Director | - | $102,959 | - | $102,959 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $3,532,977,597
- Other Revenue
- $9,797,384
- Change in Net Assets
- $3,265,215,323
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $3,542,774,981
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $5,152,734,386
- Total Revenue per Audited Statements
- $8,695,509,367
- Total Revenue per Form 990
- $3,542,774,981
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $212,754,801 |
| Salaries, Compensation, and Employee Benefits | $64,804,857 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | - | $101,030,984 | - | $101,030,984 |
| Fees for Service Investment Mgmnt Fees | $72,749,511 | - | - | $72,749,511 |
| Other Salaries and Wages | $18,868,739 | $28,303,108 | - | $47,171,847 |
| Current Officers, Directors, Trustees, and Key Employees | - | $9,296,972 | - | $9,296,972 |
| Office Expenses | $3,680,082 | $5,520,123 | - | $9,200,205 |
| Fees for Services Other | $3,517,910 | $5,276,864 | - | $8,794,774 |
| Payments to Affiliates | - | $4,860,655 | - | $4,860,655 |
| Other Employee Benefits | $1,918,144 | $2,877,216 | - | $4,795,360 |
| Travel | $1,825,264 | $2,737,897 | - | $4,563,161 |
| Information Technology | $1,552,155 | $2,328,232 | - | $3,880,387 |
| Pension Plan Contributions | $1,416,271 | $2,124,407 | - | $3,540,678 |
| Fees for Services Accounting | - | $2,021,640 | - | $2,021,640 |
| Occupancy | $690,151 | $1,035,226 | - | $1,725,377 |
| Fees for Services Legal | - | $1,430,910 | - | $1,430,910 |
| Depreciation Depletion | $459,544 | $689,315 | - | $1,148,859 |
| Advertising | - | $941,826 | - | $941,826 |
| Conferences and Meetings | $82,654 | $123,982 | - | $206,636 |
| Fees for Services Lobbying | $190,065 | - | - | $190,065 |
| Insurance | $3,924 | $5,887 | - | $9,811 |
| Total Functional Expenses | $106,954,414 | $170,605,244 | $0 | $277,559,658 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $277,559,658 |
| Expenses per Audited Statements | $166,731,292 |
| Total Expenses per Audited Statements | $166,731,292 |
| Expenses Not Reported on Financial Statements | $110,828,366 |
| Other Expense Adjustments | $110,828,366 |
| Expenses Not Reported on Form 990 | $0 |
International Activity
International Summary
- Offices
- 2
- Employees
- 126
- Spending
- $20,628,610,272
International Compliance
- Activity in boycott countries
- No
- Foreign corporation ownership
- Yes
- Foreign partnership interest
- Yes
- Interest in foreign trust
- No
- Passive foreign investment company interest
- Yes
- Transfers to foreign corporations
- No
International Activities
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Europe (including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | Investments | - | - | - | $18,662,108,002 |
| North America - Canada and Mexico, But Not the United States | Investments | - | - | - | $899,063,260 |
| East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, | Investments | - | 2 | 126 | $371,888,428 |
| South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, | Investments | - | - | - | $352,374,110 |
| Europe (including Iceland & Greenland) | Operational Expenses | - | - | - | $277,559,658 |
| Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, | Investments | - | - | - | $64,238,054 |
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | Investments | - | - | - | $1,378,760 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Investment Liabilities | $4,497,274,784 |
| Transfers To/from Nnf | $567,152,725 |
| Accrued Employee Costs | $36,436,084 |
| Other Liabilities | $2,280,984 |
| Vat | $1,421,349 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Novo holdings a/s (nh) only has one member, novo nordisk fonden (nnf).”
Form 990, Part VI, Section A, Line 7A
“Nnf, as the sole member of nh, has sole authority to elect nh's board of directors.”
Form 990, Part VI, Section A, Line 7B
“Nnf, as the sole member of nh, has certain reserved powers and authorities with respect to nh's activities.”
Form 990, Part VI, Section B, Line 11B
“The form 990 is prepared by kpmg, nh's outside accounting firm, and reviewed by nh's internal tax team. Then, the form 990 is approved by management and filed as required with the irs.”
Form 990, Part VI, Section B, Line 12C
“Any actual or potential conflicts of interest shall be reported to the employee's manager as well as their p&o partner or the nh compliance officer immediately upon discovery. Managers and the nh compliance officer are to ensure no employees with actual or potential conflicts of interest are involved in any relevant decision-making processes.”
Form 990, Part VI, Section B, Line 15
“Compensation review & approval process - directors and officers in establishing the compensation of the organization's directors and officers, independent compensation consultants are utilized, compensation studies are completed to gather comparative data, persons with a conflict interest regarding the compensation arrangements at issue are not involved in the decision making process, and amounts are reviewed and approved by the compensation committee of the board of directors. In addition, there is contemporaneous documentation and record keeping for deliberations and decisions regarding the compensation arrangements.”
Form 990, Part VI, Section C, Line 19
“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public through the organization's website as well as upon request.”
FORM 990, PART VII, SECTION A:
“Novo holdings (nh) has disclosed the names and compensation of all of its directors, officers, and employees with substantial influence over its affairs within the meaning of section 4958(f)(1)(a). It cannot, however, publicly disclose the compensation of certain employees who fall within the instructions' definitions of 'highly compensated employees' because this information should not be publicly disclosed pursuant to the data protection regulations within the european union. These employees do not have substantial influence or control over nh and their compensation is reasonable compensation negotiated at arm's length and can be provided to the irs upon request.”
Filing and Contact Details
Filer
- Filer Name
- Novo Holdings as
- EIN
- 98-0571483
- Phone
- 4524999199
- Address
- DA
Signing Officer
- Name
- Kasim Kutay
- Title
- CEO
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Kasim Kutay
- Formed
- 1999
- Voting Board Members
- 9
- Independent Board Members
- 0
- Employees
- 126
- Volunteers
- 0
Preparer
- Firm
- Kpmg Llp
- Address
- 191 WEST NATIONWIDE BLVD SUITE 500, COLUMBUS, OH 43215-2568
- Preparer
- Mollie P Longhouse
- Phone
- 6142492300
Supplemental Narrative
Additional Explanations
FORM 990, PART XI, LINE 9:
“Fx difference -291,972,066. Primo balance fx -1,303,315,856. Dividend payout -767,459,708.”
Financial Statement Notes
PART V, LINE 4:
“Novo holdings holds and maintains endowment funds in order to further novo nordisk fonden's grantmaking programs related to medical research, research hospital activities, and other humanitarian and social purposes.”
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Nnf shares 729,451,345. Sla income -9,797,382. Transaction costs -40,639,549.”
PART XII, LINE 4B - OTHER ADJUSTMENTS:
“Sla revenue 9,797,382. Interest and other financial expenses 101,030,984.”
Raw XML AppendixShowing 400 of 6,279 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 23469577 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 18619385 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 141280497 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 222190615 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | NOVO NORDISK FONDEN (NNF) IS AN ORGANIZATION RECOGNIZED BY THE IRS AS DESCRIBED IN SECTION 501(C)(4) THAT AWARDS GRANTS TO SUPPORT SCIENTIFIC, HUMANITARIAN AND SOCIAL CAUSES. NOVO HOLDINGS A/S (NH) HOLDS AND MANAGES NNF'S ENDOWMENT TO ENSURE THAT NNF HAS THE RESOURCES NECESSARY TO SUPPORT ITS SCIENTIFIC, HUMANITARIAN, AND OTHER SOCIAL WELFARE GRANTMAKING. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 941826 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 941826 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EMIL CHRISTENSEN |
| IRS990/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt | 0 | TUBORG HAVNEVEJ 19 |
| IRS990/BooksInCareOfDetail/ForeignAddress/CityNm | 0 | HELLERUP |
| IRS990/BooksInCareOfDetail/ForeignAddress/CountryCd | 0 | DA |
| IRS990/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd | 0 | 2900 |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4524999199 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 74035685 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 69769064 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 187654776 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 287102635 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 9296972 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 9296972 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 123982 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 82654 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 206636 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3532977597 |
| IRS990/CYOtherExpensesAmt | 0 | 212754801 |
| IRS990/CYOtherRevenueAmt | 0 | 9797384 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3265215323 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 64804857 |
| IRS990/CYTotalExpensesAmt | 0 | 277559658 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3542774981 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 308236081 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 17272150 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 689315 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 459544 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1148859 |
| IRS990/Desc | 0 | NOVO HOLDINGS A/S (NH) MANAGES NNF'S ENDOWMENT WITH THE AIM OF GENERATING ATTRACTIVE LONG-TERM RETURNS IN ORDER TO ENSURE THAT NNF HAS THE RESOURCES NECESSARY TO SUPPORT ITS SCIENTIFIC, HUMANITARIAN, AND OTHER SOCIAL WELFARE GRANTMAKING PROGRAMS, THUS IMPROVING PEOPLE'S HEALTH AND THE SUSTAINABILITY OF SOCIETY AND THE PLANET. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 126 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 106954414 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2021640 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2021640 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1430910 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 1430910 |
| IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt | 0 | 190065 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 190065 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 5276864 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 3517910 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 8794774 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt | 0 | 72749511 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 72749511 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignAddress/AddressLine1Txt | 0 | TUBORG HAVNEVEJ 19 |
| IRS990/ForeignAddress/CityNm | 0 | HELLERUP |
| IRS990/ForeignAddress/CountryCd | 0 | DA |
| IRS990/ForeignAddress/ForeignPostalCd | 0 | 2900 |
| IRS990/ForeignCountryCd | 0 | DA |
| IRS990/ForeignCountryCd | 1 | IN |
| IRS990/ForeignCountryCd | 2 | SN |
| IRS990/ForeignFinancialAccountInd | 0 | 1 |
| IRS990/ForeignOfficeInd | 0 | 1 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 4683158 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 128487 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LARS REBIEN SORENSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | STEEN RIISGAARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BRITT MEELBY JENSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HENRIK POULSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JEPPE CHRISTIANSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JEAN-LUC BUTEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | FRANCIS MICHAEL CYPRIAN CUSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | VIVIANE MONGES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SUSANNE ANTONIE SCHAFFERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KASIM KUTAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | NIGEL KEVIN GOVETT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 298063 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 189693 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 175479 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 102959 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 102959 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 213342 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 135413 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 135461 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 191706 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 2442078 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 498174 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 374302 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 223624 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 1890983388 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 295383572623 |
| IRS990/GrossReceiptsAmt | 0 | 297035364216 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 2328232 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1552155 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3880387 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5887 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3924 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9811 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 101030984 |
| IRS990/InterestGrp/TotalAmt | 0 | 101030984 |
| IRS990/InvestmentExpenseAmt | 0 | -40639549 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1636673602 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1641994209 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 5320607 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 18755538453 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 23435469126 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 1013387857 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 3652835675 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 11010810916 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 8517389717 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 8507491 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 63452892 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 58325640 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 66833131 |
| IRS990/LegalDomicileCountryCd | 0 | DA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 293492589235 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | NOVO HOLDINGS A/S (NH) HOLDS AND MANAGES NOVO NORDISK FONDEN'S (NNF) ENDOWMENT TO ENSURE THAT NNF HAS THE RESOURCES NECESSARY TO SUPPORT ITS SCIENTIFIC, HUMANITARIAN, AND OTHER SOCIAL WELFARE GRANTMAKING. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 32469459 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 31767720 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 22615528037 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 27951076153 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 1890983388 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 1890983388 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 5243692 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 4473719972 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1035226 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 690151 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1725377 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 5520123 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3680082 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9200205 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -2362747630 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2877216 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 1918144 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 4795360 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 4700338317 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 5104565926 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | FACILITY |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | SHARED SERVICES |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 5453466 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 4343918 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 5453466 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 4343918 |
| IRS990/OtherRevenueTotalAmt | 0 | 9797384 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 28303108 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 18868739 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 47171847 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt | 0 | 4860655 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 4860655 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2124407 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 1416271 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3540678 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | KASIM KUTAY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2810462528 |
| IRS990/PYOtherExpensesAmt | 0 | 232356347 |
| IRS990/PYOtherRevenueAmt | 0 | 15309673 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2538949787 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 54466067 |
| IRS990/PYTotalExpensesAmt | 0 | 286822414 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2825772201 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3265215323 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 22541492352 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 27881307089 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 1.00000 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 58325640 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 8050871 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 66376511 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 22615532687 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 30021797949 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 7406265262 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 18849929666 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 22615532687 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 3765603021 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 23493151699 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 18849929666 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 5626712075 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 983490042 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 19446805360 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 23493151699 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 888428222 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 4934774561 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 16863996446 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 19446805360 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1184570963 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 3767379877 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 110828366 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 166731292 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 3652835675 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | NOVO GROUP |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 4473719972 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 110828366 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 456620 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 456620 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 4497274784 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 567152725 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 36436084 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 1421349 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 2280984 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INVESTMENT LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | TRANSFERS TO/FROM NNF |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED EMPLOYEE COSTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | VAT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | OTHER LIABILITIES |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 679014414 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 13838661049 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 4701596535 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 2211675494 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 730673741 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 4 | 851777510 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 5 | 583676811 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 6 | 512236214 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 7 | 5171772 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | PRINCIPAL INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | CI PRIVATE INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | VENTURE INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | GROWTH INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 4 | BIOIND INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 5 | SEED INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 6 | ASIA INVESTMENTS |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 7 | OTHER |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 4 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 5 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 6 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 7 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 5152734386 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3542774981 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | NOVO HOLDINGS HOLDS AND MAINTAINS ENDOWMENT FUNDS IN ORDER TO FURTHER NOVO NORDISK FONDEN'S GRANTMAKING PROGRAMS RELATED TO MEDICAL RESEARCH, RESEARCH HOSPITAL ACTIVITIES, AND OTHER HUMANITARIAN AND SOCIAL PURPOSES. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | NNF SHARES 729,451,345. SLA INCOME -9,797,382. TRANSACTION COSTS -40,639,549. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | SLA REVENUE 9,797,382. INTEREST AND OTHER FINANCIAL EXPENSES 101,030,984. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 58325640 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Peer Organizations
Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • $1B+ nonprofits
Washington, DC
View OrganizationAARP
501(c)4
Revenue$10,969,160,920
Assets$13,056,882,027
Revenue vs current organization
210% higherAssets vs current organization
64% lowerToronto, Ontario
View OrganizationMastercard Foundation
501(c)4
Revenue$6,513,121,957
Assets$50,320,893,084
Revenue vs current organization
84% higherAssets vs current organization
39% higherDulles, VA
View OrganizationNational Rural Utilities Cooperative Finance Corp
501(c)4
Revenue$2,071,222,273
Assets$38,295,081,990
Revenue vs current organization
42% lowerAssets vs current organization
5.9% higherDetroit, MI
View OrganizationBlue Care Network of Michigan
501(c)4
Revenue$4,804,963,335
Assets$2,410,029,020
Revenue vs current organization
36% higherAssets vs current organization
93% lower