Civic Intelligence

Novo Nordisk Fonden

EIN 98-1718091 • 501(c)4 • Hellerup, DA

Profile

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

Tuborg Havnevej 19Hellerup 2900Da

novonordiskfonden.dk/EN

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.39x

Higher debt load relative to assets than 53% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

2.44x

Higher debt load relative to revenue than 73% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Net Margin

54th percentile

8.1%

Higher net margin than 54% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Top Officer Pay

55th percentile

$1,598,724

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

$1B+ nonprofits • Source year 2024

Asset Growth

19th percentile

0.6%

Faster asset growth than 19% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

503%

Faster revenue growth than 98% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$8,588,465,835

Up $50,879,139 (+0.6%) from 2023

Liabilities

Down

$3,319,545,699

Down $28,666,876 (-0.9%) from 2023

Net Assets

Up

$5,268,920,136

Up $79,546,015 (+1.5%) from 2023

Operations
Liabilities / Revenue73rd percentileNet Margin54th percentile

Revenue

Up

$1,362,313,838

Up $1,136,553,992 (+503%) from 2023

Expenses

Up

$1,252,266,819

Up $65,331,478 (+5.5%) from 2023

Net Income

Up

$110,047,019

Up $1,071,222,514 (+111%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10B$5.0B$0Assets 2023: $8,537,586,696Liabilities 2023: $3,348,212,575Net Assets 2023: $5,189,374,1212023Assets 2024: $8,588,465,835Liabilities 2024: $3,319,545,699Net Assets 2024: $5,268,920,1362024

Highlighted filing

2024

Assets$8,588,465,835
Liabilities$3,319,545,699
Net Assets$5,268,920,136
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0B$1.0B$0-$1.0BRevenue 2023: $225,759,846Expenses 2023: $1,186,935,341Net Income 2023: -$961,175,4952023Revenue 2024: $1,362,313,838Expenses 2024: $1,252,266,819Net Income 2024: $110,047,0192024

Highlighted filing

2024

Revenue$1,362,313,838
Expenses$1,252,266,819
Net Income$110,047,019
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$8,588,465,835
Liabilities
$3,319,545,699
Net assets
$5,268,920,136
Revenue
$1,362,313,838
Expenses
$1,252,266,819
Net income
$110,047,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8,588$3,320$5,269$1,362$1,252$110
2023Detailed filing. Detailed filing data is available for this year.$8,538$3,348$5,189$226$1,187$961
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$10,680,565,265
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,186,142,463$5,265,874,716▲ $79,732,253
Investments in Publicly Traded Securities$4,662,711,031$5,059,395,276▲ $396,684,245
Other Notes and Loans Receivable, Net$3,492,083,920$3,050,012,074▼ $442,071,846
Investments Program Related$317,168,875$298,890,672▼ $18,278,203
Investments Other Securities$41,939,735$156,468,434▲ $114,528,699
Land, Buildings, and Equipment, Net$5,657,237$9,223,193▲ $3,565,956
Accounts Receivable$4,942,135$5,577,730▲ $635,595
Cash and Non-Interest-Bearing Accounts$6,289,565$3,996,654▼ $2,292,911
Cap Stk Tr Prin Current Funds$3,231,658$3,045,420▼ $186,238
Intangible Assets$4,492,676$2,548,928▼ $1,943,748
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$8,537,586,696$8,588,465,835▲ $50,879,139
Other Assets Total$2,301,522$2,352,874▲ $51,352
Liabilities
Grants Payable$3,334,925,094$3,302,280,719▼ $32,644,375
Accounts Payable and Accrued Expenses$2,696,385$11,427,094▲ $8,730,709
Other Liabilities$10,591,096$5,837,886▼ $4,753,210
Total Liabilities$3,348,212,575$3,319,545,699▼ $28,666,876
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,189,374,121$5,268,920,136▲ $79,546,015
Total Liabilities and Net Assets / Fund Balance$8,537,586,696$8,588,465,835▲ $50,879,139

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$9,223,193$278,268$9,501,461

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
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
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mads Krogsgaard ThomsenCEOFT$887,071$711,653$1,598,724
Soren NedergaardCOOFT$325,430$235,336$560,766
Erika Soderberg JohnssonCFOFT$430,368$22,623$452,991
Lars Rebien SorensenChair-$271,481$102,821$374,302
Steen RiisgaardDirector-$60,329$163,295$223,624
Lars Henrik MunchVice Chair-$150,823$21,608$172,431
Lars Henrik FuggerDirector-$122,688-$122,688
Christopher Ashby VoigtDirector-$103,691-$103,691
Nana SejbaekDirector-$86,289-$86,289
Liselotte HojgaardDirector-$85,708-$85,708
Mads Boritz GronDirector-$71,206-$71,206
Ole Jakob MullerDirector-$71,206-$71,206
Stig StrobaekDirector-$71,206-$71,206
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,241,276,861
Other Revenue
$121,036,977
Change in Net Assets
$110,047,019

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,354,598,679
Revenue Not Reported on Financial Statements
$7,715,159
Revenue Not Reported on Form 990
$283,426,120
Other Revenue Adjustments
$7,715,159
Total Revenue per Audited Statements
$1,638,024,799
Total Revenue per Form 990
$1,362,313,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,171,517,714
Salaries, Compensation, and Employee Benefits$45,882,892
Other Expenses$34,866,213
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,155,706,917--$1,155,706,917
Other Salaries and Wages$14,122,547$21,183,821-$35,306,368
Grants to Domestic Orgs$15,810,797--$15,810,797
Fees for Services Other$4,714,861$7,072,290-$11,787,151
Information Technology$3,586,642$5,379,963-$8,966,605
Payments to Affiliates-$5,228,391-$5,228,391
Pension Plan Contributions$1,725,097$2,587,646-$4,312,743
Current Officers, Directors, Trustees, and Key Employees-$3,994,832-$3,994,832
Travel$1,082,092$1,623,137-$2,705,229
Other Employee Benefits$907,580$1,361,369-$2,268,949
Fees for Services Lobbying$1,827,205--$1,827,205
Occupancy$461,023$691,534-$1,152,557
Office Expenses$357,784$536,676-$894,460
Conferences and Meetings$324,415$486,623-$811,038
Depreciation Depletion$248,137$372,206-$620,343
Fees for Services Legal-$478,989-$478,989
Advertising-$447,444-$447,444
Fees for Services Accounting-$420,466-$420,466
Other Expenses$-29,948$-44,923-$-74,871
Interest-$-398,794-$-398,794
Total Functional Expenses$1,200,845,149$51,421,670$0$1,252,266,819

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,252,266,819
Expenses per Audited Statements$1,244,579,798
Total Expenses per Audited Statements$1,244,579,798
Expenses Not Reported on Financial Statements$7,687,021
Other Expense Adjustments$7,687,021
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Johns Hopkins UniversityBaltimore, MD501(c)(3)Infdis$2,233,117
International Rescue CommitteeNew York, NY501(c)(3)Sochum$2,175,332
Nrel FoundationGolden, CO501(c)(3)Biotech$1,953,680
Regents of the University of California Davis CampusDavis, CA115Innovation$1,898,517
University of ChicagoChicago, IL501(c)(3)E&o$1,457,038
Whitehead Institute for Biomedical ResearchCambridge, MA501(c)(3)Nat-tech$1,015,155
Cornell UniversityIthaca, NY501(c)(3)Biotech$725,991
President and Fellows of Harvard CollegeBoston, MA501(c)(3)O&ns$715,788
International Medical CorpsLos Angeles, CA501(c)(3)Sochum$691,468
Community Partners InternationalSan Francisco, CA501(c)(3)Sochum$665,991
United Nations Population Fund (unfpa)New York, NYUn AgencySochum$646,946
The University of Texas Medical Branch at GalvestonGalveston, TX115Infdis$630,494
US National Academy of SciencesWashington, DC501(c)(3)Medsci$513,995
University of WashingtonSeattle, WA115Medsci$375,778
American Diabetes AssociationArlington, VA501(c)(3)Medsci$329,892
American Society for Nutrition FoundationRockville, MD501(c)(3)O&ns$252,178
Massachusetts Institute of TechnologyCambridge, MA501(c)(3)Nat-tech$150,816

International Summary

Offices
1
Employees
245
Spending
$1,246,251,661

International Compliance

Foreign grant records maintained
Yes
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

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantmaking---$1,135,985,039
Europe (including Iceland & Greenland)Operational Expenses---$80,749,105
North America - Canada and Mexico, But Not the United StatesGrantmaking---$21,060,114
Sub-saharan Africa - Angola, Benin, Botswana, Burkina Faso,Grantmaking---$4,353,688
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Grantmaking-1245$2,961,376
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Grantmaking---$1,142,339
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Employee Costs$3,038,852
Accounts Payable, Group Companies$2,126,100
Accrued Taxes$738,357
Vat$-65,423
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by kpmg, nnf's outside accounting firm, and reviewed by nnf'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 nnf compliance officer immediately upon discovery. Managers and the nnf 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 nordisk fonden (nnf) 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 subject matter experts 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 experts do not have substantial influence or control over nnf 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 Nordisk Fonden
EIN
98-1718091
Phone
4524999199
Address
DA

Signing Officer

Name
Mads Krogsgaard Thomsen
Title
CEO
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mads Krogsgaard Thomsen
Formed
1989
Voting Board Members
10
Independent Board Members
0
Employees
245
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 III, LINE 4A:

“As of 2024, nnf's grantmaking strategy has three pillars: health, sustainability, and the life science ecosystem. - health - the foundation aims to improve the prevention and treatment of diseases that threaten global health as well as provide more equal opportunities for a healthy life and treatment. In addition to strengthening prevention and management of cardiometabolic diseases, the foundation will focus on decreasing the burden and threat of infectious diseases, on advancing and applying regenerative medicine and reducing inequity in health. - sustainability - the foundation aims to advance knowledge and solutions to support the green transition in society. Strategic themes include the development of sustainable and high-yield agriculture, sustainable food for healthy diets, scalable climate change mitigation technologies as well as supporting the green transition in society. - life science ecosystem - the foundation's mission is to invest in scientific research, education and innovation to enable a world class life science ecosystem. Strategic themes include advancing fundamental research, enabling research infrastructures and technologies, strengthening the translational capacity and societal impact of life science and furthering education and science capital.”

FORM 990, PART XI, LINE 9:

“Fx difference -313,927,124.”

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 4B - OTHER ADJUSTMENTS:

“Sla shared services and fx adjustment 7,715,159.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Sla shared services and fx adjustment 7,687,021.”

Raw XML AppendixShowing 400 of 8,862 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.

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IRS990/ActivityOrMissionDesc0NOVO NORDISK FONDEN (NNF) CONTRIBUTES SIGNIFICANTLY TO RESEARCH AND DEVELOPMENT THAT IMPROVES THE LIVES OF PEOPLE AND THE SUSTAINABILITY OF SOCIETY THROUGH GRANTMAKING.
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IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10314524
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1265660
IRS990/Form990PartVIISectionAGrp/PersonNm0STEEN RIISGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm1MADS BORITZ GRON
IRS990/Form990PartVIISectionAGrp/PersonNm2STIG STROBAEK
IRS990/Form990PartVIISectionAGrp/PersonNm3LARS HENRIK FUGGER
IRS990/Form990PartVIISectionAGrp/PersonNm4LISELOTTE HOJGAARD
IRS990/Form990PartVIISectionAGrp/PersonNm5NANA SEJBAEK
IRS990/Form990PartVIISectionAGrp/PersonNm6OLE JAKOB MULLER
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER ASHBY VOIGT
IRS990/Form990PartVIISectionAGrp/PersonNm8LARS REBIEN SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9LARS HENRIK MUNCH
IRS990/Form990PartVIISectionAGrp/PersonNm10MADS KROGSGAARD THOMSEN
IRS990/Form990PartVIISectionAGrp/PersonNm11ERIKA SODERBERG JOHNSSON
IRS990/Form990PartVIISectionAGrp/PersonNm12SOREN NEDERGAARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0223624
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt171206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt271206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3122688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt485708
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt586289
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt671206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7103691
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8374302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9172431
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt101284200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11452991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12495106
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0189693
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8298063
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12COO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0409079688
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt01171517714
IRS990/GrantsPayableGrp/BOYAmt03334925094
IRS990/GrantsPayableGrp/EOYAmt03302280719
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt015810797
IRS990/GrantsToDomesticOrgsGrp/TotalAmt015810797
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09727331115
IRS990/GrossReceiptsAmt010680565265
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05379963
IRS990/InformationTechnologyGrp/ProgramServicesAmt03586642
IRS990/InformationTechnologyGrp/TotalAmt08966605
IRS990/IntangibleAssetsGrp/BOYAmt04492676
IRS990/IntangibleAssetsGrp/EOYAmt02548928
IRS990/InterestGrp/ManagementAndGeneralAmt0-398794
IRS990/InterestGrp/TotalAmt0-398794
IRS990/InvestmentIncomeGrp/ExclusionAmt0832197173
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0832197173
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt041939735
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0156468434
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0317168875
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0298890672
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04662711031
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05059395276
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0278268
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05657237
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09223193
IRS990/LandBldgEquipCostOrOtherBssAmt09501461
IRS990/LegalDomicileCountryCd0DA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt09318251427
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NOVO NORDISK FONDEN (NNF) CONTRIBUTES SIGNIFICANTLY TO RESEARCH AND DEVELOPMENT THAT IMPROVES THE LIVES OF PEOPLE AND THE SUSTAINABILITY OF SOCIETY THROUGH GRANTMAKING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt05189374121
IRS990/NetAssetsOrFundBalancesEOYAmt05268920136
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0409079688
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0409079688
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0283426120
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0691534
IRS990/OccupancyGrp/ProgramServicesAmt0461023
IRS990/OccupancyGrp/TotalAmt01152557
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0536676
IRS990/OfficeExpensesGrp/ProgramServicesAmt0357784
IRS990/OfficeExpensesGrp/TotalAmt0894460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02301522
IRS990/OtherAssetsTotalGrp/EOYAmt02352874
IRS990/OtherChangesInNetAssetsAmt0-313927124
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01361369
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0907580
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02268949
IRS990/OtherExpensesGrp/Desc0CAPITALIZED PROJECT COS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-44923
IRS990/OtherExpensesGrp/ProgramServicesAmt0-29948
IRS990/OtherExpensesGrp/TotalAmt0-74871
IRS990/OtherLiabilitiesGrp/BOYAmt010591096
IRS990/OtherLiabilitiesGrp/EOYAmt05837886
IRS990/OtherRevenueMiscGrp/Desc0INTEREST GROUP
IRS990/OtherRevenueMiscGrp/Desc1SHARED SERVICES
IRS990/OtherRevenueMiscGrp/ExclusionAmt0113013145
IRS990/OtherRevenueMiscGrp/ExclusionAmt18023832
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0113013145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt18023832
IRS990/OtherRevenueTotalAmt0121036977
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021183821
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014122547
IRS990/OtherSalariesAndWagesGrp/TotalAmt035306368
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03492083920
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03050012074
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt05228391
IRS990/PaymentsToAffiliatesGrp/TotalAmt05228391
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02587646
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01725097
IRS990/PensionPlanContributionsGrp/TotalAmt04312743
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MADS KROGSGAARD THOMSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01124503169
IRS990/PYInvestmentIncomeAmt082297396
IRS990/PYOtherExpensesAmt022809929
IRS990/PYOtherRevenueAmt0143462450
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-961175495
IRS990/PYSalariesCompEmpBnftPaidAmt039622243
IRS990/PYTotalExpensesAmt01186935341
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0225759846
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0110047019
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt05186142463
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05265874716
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt022615532687
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt030021797949
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt07406265262
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt018849929666
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt022615532687
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03765603021
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt023493151699
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt018849929666
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt05626712075
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0983490042
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt019446805360
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt023493151699
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0888428222
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04934774561
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt016863996446
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt019446805360
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01184570963
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03767379877
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07687021
IRS990ScheduleD/ExpensesSubtotalAmt01244579798
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09223193
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0278268
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09501461
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0283426120
IRS990ScheduleD/OtherExpensesNotIncludedAmt07687021
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03038852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12126100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-65423
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3738357
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EMPLOYEE COSTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCOUNTS PAYABLE, GROUP COMPANIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2VAT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED TAXES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt07715159
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/RevenueNotReportedAmt0283426120
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07715159
IRS990ScheduleD/RevenueSubtotalAmt01354598679
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOVO 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/ExplanationTxt1SLA SHARED SERVICES AND FX ADJUSTMENT 7,715,159.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SLA SHARED SERVICES AND FX ADJUSTMENT 7,687,021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09223193
IRS990ScheduleD/TotalExpensesPerForm990Amt01252266819
IRS990ScheduleD/TotalLiabilityAmt05837886
IRS990ScheduleD/TotalRevenuePerForm990Amt01362313838
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01638024799
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01244579798
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt0245
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt02961376
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt11135985039
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt221060114
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt31142339

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