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Max Planck Florida Corporation

EIN 26-2117502 · Jupiter, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION'S MISSION IS TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH AND IMPROVE HUMAN WELFARE BY APPLYING BREAKTHROUGHS IN RESEARCH TO THE ADVANCEMENT OF MEDICAL DIAGNOSIS AND MEDICAL CARE FOR THE PUBLIC'S BENEFIT.

Income
$33.5 million
Spending
$32.6 million
Spent on programs
93%
Reserves
11.9 months of spending
Largest source of income
donations and private grants, 66%
Employees
184
Volunteers
25
Highest pay
$543,979, chief executive officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 81% of charities in its peer group (medical research, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 11.9 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 3% of income.

  • Income trend

    15 of 15

    Income rose 27% on the year before.

  • Spending floor

    15 of 15

    93% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 45% of charities in its peer group (medical research, $10m to $100m).

  • Independent board

    25 of 25

    14 of 17 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $30.4 million spent. MAX PLANCK FLORIDA CORPORATION ESTABLISHED ITS FIRST SCIENTIFIC DEPARTMENT IN THE SUMMER OF 2009 AND HAS EXPANDED TO THREE RESEARCH DIVISIONS AND SIX RESEARCH GROUPS TO FULFILL ITS PURPOSE TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, AND EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH. THE NINE RESEARCH LABS FOCUS IN THE AREAS OF NEURONAL CONTROL OF LOCOMOTION, DISORDERS OF NEURAL CIRCUIT FUNCTION, FUNCTIONAL ARCHITECTURE AND DEVELOPMENT OF CEREBRAL CORTEX, NEURAL DYNAMICS AND COGNITIVE FUNCTIONS, NEUROENERGETICS, INTEGRATIVE NEURAL CIRCUITS AND BEHAVIOR, MOLECULAR BIOTECHNOLOGY FOR NEURAL DYNAMICS AND THERAPEUTICS, NEURONAL MECHANISMS OF EPISODIC MEMORY, AND NEURONAL SIGNAL TRANSDUCTION. THE INSTITUTE AND MAX-PLANCK-GESELLSCHAFT ZUR FOERDERUNG DER WISSENSCHAFTEN E.V. (MAX PLANCK SOCIETY FOR THE ADVANCEMENT OF SCIENCE - "MAX PLANCK SOCIETY") HAVE A FUNDING AGREEMENT WHEREBY MAX PLANCK SOCIETY WILL PROVIDE ANNUAL FUNDING FOR ESSENTIAL CORE SCIENTIFIC AND ADMINISTRATIVE OPERATIONS BASED ON A MUTUALLY AGREED UPON BUDGET. DURING 2024, THE INSTITUTE RECEIVED $19,328,825 FROM MAX PLANCK SOCIETY, WHICH CONSISTS OF $17,089,000 FOR OPERATIONS, $1,042,231 FOR SUPPLEMENTAL EQUIPMENT FUNDING, $772,869 FOR RESEARCH GROUPS, AND $424,725 FOR GRADUATE PROGRAMS FUNDING. THE INSTITUTE AND MAX-PLANCK-GESELLSCHAFT ZUR FOERDERUNG DER WISSENSCHAFTEN E.V. (MAX PLANCK SOCIETY FOR THE ADVANCEMENT OF SCIENCE - "MAX PLANCK SOCIETY") HAVE A FUNDING AGREEMENT WHEREBY MAX PLANCK SOCIETY WILL PROVIDE ANNUAL FUNDING FOR ESSENTIAL CORE SCIENTIFIC AND ADMINISTRATIVE OPERATIONS BASED ON A MUTUALLY AGREED UPON BUDGET. DURING 2024, THE INSTITUTE RECEIVED $19,328,825 FROM MAX PLANCK SOCIETY, WHICH CONSISTS OF $17,089,000 FOR OPERATIONS, $1,042,231 FOR SUPPLEMENTAL EQUIPMENT FUNDING, $772,869 FOR RESEARCH GROUPS, AND $424,725 FOR GRADUATE PROGRAMS FUNDING.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.