Company registration number: 05121604
Charity registration number.. 1105313
The Johns Hopkins University (USA) Foundation Limited
(A company limited by share capilall
Annual Report and Financial Statements
for the Year Ended 30 June 2024
SKS Audit LLP
Chartered Accountant
3 Sheen Rd
Ri¢bmond
TW9 IAD

The Johns Hopkins University IUSAI Foundation Limited
Contents
Reference and Administrative Details
Trustees, Report
2to3
Statement of Trustees, Responsibilities
Independent Examiner, Report
5t06
Statement of Financial Activities
Balance Sheet
Notes to Ihe Financial Statements
9t017

The Johns Hopkins University (USA} Foundation Limited
Reference and Administrative Details
Charity Name
The John Hopkins University (USA} Foundation Limited
Truslees
M Lane
C G Drennen
L Panter
Josh Else(Resigned on 31 January 2024)
Secretary
E Flood
Principal Office
19 Norcott Road
London
N16 7EJ
The charity is incorporated in England.
Reglstered Offl¢e
19 Norcott Road
London
N16 7EJ
Company Registration Number
5121604
Charity Registration Number
1105313
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Independent Examlner
SKS Audit LLP
3 Sheen Rd
Richmond
TW9 1AD
Page I

The Johns Hopkins University (USA) Foundation Limited
DIRECTORS. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 30 June 2024
The trustees ar8 pleased lo present their annual directors. report together with the financial
statements of the charity for the financial year ending 30 June 2024, which are also prepared to meet
the requirements for a directors, report and accounts for Companies Act purposes.
The financial statem&nts comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Associalion, and Accounting and Reporting by Charities.. Statement of
Recommended Praotice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1
January 20191.
Objects of the charity, principal activities and organisation of our work
The Johns Hopkins University (USA) Foundation Limited was incorporated on 6 May 2004, registered
as a charity on 5 August 2004, and commenced to operate on 6 April 2005.
The charity is incorporated and is constituted and governed by its memorandum and articles of
association dated 6 May 2004.
The charity's objects and its principal activities continue lo be that of the advancement of education in
particular by providing grants to the Johns Hopkins University and to other educational institutions to
assist in the advancement of students attending the institutions.
Organlsatlon
The Board of Trustees and Secretary meet regularly and decisions are made by vote by the Trustees.
The Trustees elect new members as and when required.
Developments, activitles and achievements
The Johns Hopkins Univ8rsity {USA) Foundation Ltd has assisted the Johns Hopkins University and
Medical Center over the past year in various ways. First, through soliciting gifts from alumni, parents,
friends and grateful patients, the Foundation has provided much n88d8d funding for student and
faculty aid, capital renovations, patlent care, and research. As the main source of philanthropy from
constituents in the United Kingdom, the Foundation has played a vital role in helping to support Johns
Hopkins people and programs. Second, the Foundation and volunte8rs have helped to host various
gatherings for the University in London throughout the year. Faculty in such areas as international
relations, economics, medicine, and public health have spoken lo groups of Johns Hopkins affiliales in
the United Kingdom in the past year. The Foundation is the lead source of support for the University in
the United Kingdom.
Future development
The future developments will be lo continue lo advance educalion by providing grants to institutes.
Transactlons and financial position
The Statement of Financial Aclivitias show net expenditure for the year of £119 (2023.. nel
expenditure of £346) and net assets of £558 {2023.' £677).
Page 2

The Johns Hopklns University (USA) Foundation Limlted
DIRECTORS. AND TRUSTEES. REPORT
FOR THE YEAR ENDED 30 June 2024
Reserves policy
The Trustee5 have resolved lo commit as much of the charity's resources as possible to expenditure
granls, whilst retaining very modest reserves to meet day lo day administrative costs as they fall due.
At the year end unrestricted reserves were £449 and restricted reserves were £9.
Rlsk review
The Trustees have conducted their own review of the major risks to which the charity is exposed and
have concluded that the following systems Ihat have been established provide reasonable but not
absolute assurance that those risks are adequately managed..
(i) The retention of a professional secretary to administrate the foundation.
(ill The retenlion of a professional accounting firm with experience in the area to conduct an
examination;
(iii) The retention of a law firm with extensive experience in this area;
(iv) The requirement that any transfer of funds by the foundation be approved by two authorised
signatories., and
(v) Final reconciliation by staff of Johns Hopkins of trust's donative and accounting records with the
financials of the Foundation.
The trustees have also had due regard to guidance published by the Charity Commission on public
benefit.
Public benefit
The charity's main activity of providing grants to Johns Hopkins University furthers the charity's
purposes for the public benefit by providing opportunities and financial help to all students attending
the institution.
The trustees have also had due regard to guidance published by the Charity Commission on public
benefit.
Small company provlslon
This report has been prepared in accordance with the small companies regime under the Companies
Act 2006.
The annual report was approved by the trustees of the charity on 1711212024 and signed on its
behalf by..
Lucy Panter
Trustee
Page 3

The Johns Hopkins Universlty (USA) Foundation Llmlted
Statement of Trustees, Responslbllltles
The trustees {who are also the directors of The Johns Hopkins University (USA) Foundation Limited
for the purpose of company lawl are responsible for preparing the trustees. report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they giv8 a true and fair view of the state of affairs of the charitable company and of its incoming
resourc8s and appllcation of resources. including its income and expendilure, for that period. In
preparing these financial statements, Ihe trustees are required lo:
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP 2019-,
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departur8s disclosed and explained in the financial slatements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable Company's transactions and disclose with reasonable accuracy at any time the
financial position of Ihe charitable company and enable them lo ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitabl8 company and hence for taking r8asonabla steps for the pr&vention and detection of fraud
and other irregular5ties.
The trustees are responsible for the maintenance and integrity of the charity and the financial
information included on th8 charity's website in accordance with legislation in the United Kingdom
governing the preparation and dissemination of financial ststem8nts.
In so far as the trustees are aware:
there is no relevant audit information of which the charttable company's audilor is unaware; and
the trustees have taken all steps thal they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that information.
Approved by the trustees of the charity on 1711212024 and signed on its behalf by..
Lucy Panter
Twstee
Page 4

The Johns Hopkins Unlversity (USA) Foundation Llmited
Independent Examiner's Report to the Members of The Johns Hopklns University (USA)
Foundation Limited
I report to the charity trustees (who are also Directors for the purpose of company law) on my
examination of the accounls of the company for the year ended 30 June 2024 which comprise the
Statement of Financial Activities. the Balance Sheet and relaled notes.
This report is made solely to the charity's trustees, as a body, in accordance wilh section 145 of the
Charilies Act 2011. My work has been undertaken so Ihat I might state to the charity's trustees those
matters l am required to stale lo them in an independent examiner's reporl and for no other purpose.
To the fullesl extent permitted by law, I do not accept or assume responsibility to anyone other than
the charity and the charity's trustees as a body, for my Independent Examination, for this report. or for
the opinions I have formed.
Respective responsibilrties and basis of report
As the charity's trustees (who are also the directors of the company for the purposes of company law),
you are responsible for Ihe preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to be audited for this year
ursder Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of your charity's accounts as Carried out under section 145 of the Charities Act 2011 {"the
2011 Act"). In carrying out my examination, I have followed the Directions given by the Charity
Commission (under section 145(5)(b} of th8 2011 Acl)-
Independent examlner's statement
I have completed my examination. I confirm thal no material matters have come to my attention in
connection wilh the examination which gives me cause to believe Ihat in. any material respect..
accounting records were not kept in aGGordance with seclion 386 of the Companies Act 2006., or
the accounls do not accord with such records,. or
the accounts do not comply with relevant accounting requirements under section 396 of the
Companies Act 2006 other than any requirement that the aGGounts give a 'lrue and fair, view which is
not a matter considered as part of an independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of R8commended Practice for accounting and reporting by charitles [applicable to charities
preparing thelr accounts in accordance with the Financial Reportlng Standard applicab18 in the UK
and Republic of Ireland {FRS 10211.
Page 5

The Johns Hopkins University (USA) Foundatlon Limited
Independent Examiner's Report to the Members of The Johns Hopklns University (USA)
Foundation Limited
I have no concerns and have come across no other matters in conneGtion with Ihe examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Moganc)rE
rtlgiy Cl)
vanaigum FCCA
For ai
on behalf of SKS Audit LLP
Chartered Accountants
3 Sheen Rd
Richmond
TW9 1AD
Date..
Page 6

Th8 Johns Hopklns University (USA) Foundatlon Limited
Statement of Financlal Activities for the Year Ended 30 June 2024
(Including Income and Expenditure Account)
Unrestrlcted
funds
ReBtrl¢tod
funds
Total
2024
Note
Income and Endowment8 from:
Donalions and legacies
Investment Income
Totsl income
42,083
42,083
14
14
42,083
42,097
Expendlturè on:
Charitable activities
11331
(42,0831
142,2161
Total expenditu
1133)
142,0831
142,2161
Net incomellexpanditurel
11191
Nel movement in funds
11191
11191
R•con¢illatlon of funds
Tol81 funds brought forward
Total funds carried forward
568
577
449
458
Unrestrlcted
funds
R8Strlcted
funds
Totsl
2023
Notg
Income and Endowments from..
Donations and legacles
Investment Income
Total income
2,457,159
2,457,159
571
571
571
2.457.159
2,457,730
Expendlture on:
Charitable actSvities
1231)
(2,457,845)
12,458,076)
Total exp8ndilure
1231)
{2,457,845}
(2,458.076)
Net incomel(expenditurel
340
1688}
1346)
N&t movement in funds
340
(686}
1346)
Roconclllatlon of funds
Total funds brought fO￿ard
Total funds carried forward
228
568
695
923
13
577
The Slalement of Flnancial Activltl8s also complies wlth the requirements of an Income and expendlture
account under the Companl8s Act 2006. All amounts relate to continuing actlvltles of thè charltable
company. The Ststement of Financial Activities includes all gains and losses recognlsed in the year.
The notes on pages 9 to 17 form part of these accounts
Page 7

The Johns Hopkins Universlty IUSAI Foundation Limited
(Registration number- 05121604)
Balance Sheet as at 30 June 2024
Nole
2024
2023
Current assets
other Debtors
Cash at bank and in hand
10
33,718
33,721
133,163)
677
677
Creditors.. Amounts falllng due wlthin one year
Net assets
558
677
Funds of the charlty,,
Restricted
13
Unrestricted income fund5
Called up share capital
Unrestricted
12
13
100
449
100
568
Total unrestricted funds
549
668
Total funds
14
558
677
For the fi'nancial y6ar ended 31 March 2024 the company was entitled to exemption from audit under
sectlon 477 Companies Act 2006. No member of the company has deposited a notice, pursuanl to
section 476, requiring an audit of these financial statements under the requirements of the Companies
Act 2006.
The Directors acknowladged their responsibilities for ensuring that the company keeps accounting
records which comply with Section 386 of the Act and for preparing financial slalements which give a
true and fair view of the state of affairs of tha company as at the end of the financial period and of its
profit or loss for the financial p8riod in accordance with the requirements of Section 394 and 395 and
which olheThvise comply with the requirem8nts of the Companles Act 2006 relatlng to accounts, so far
as is applicable to the company,
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companles, regime wlthin Part 15 of the Companies Act 2006.
These accounts W8r8 approved by the Board of Trustees on 1711212024 and were slgned on its
behalf by:
anterlogc 10.2Ql4 17.-3DGMT+5 51
Lucy Panter
Trustee
The notes on pages 9 to 17 form part of these accounts
Page 8

The Johns Hopkins Universlty {USA> Foundation Llmlted
Notes to the Financial Statements for the Year Ended 30 June 2024
1 Charlty status
The charity is owned by the John Hopkins University a USA not-for-profil organisation whose address
is Baltimore, MD 21218, USA. However, it is controlled by the Trustees who are all directors of the
company.
2 Accounting policles
Summary of significant accounting policies and key accounting estlmates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been Gonsislently applied to all the years presented, unless othenwise
stated.
Statement of Compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reportin9 Standard applicable in the UK and Republic of Ireland {FRS
102} (effective 1 January 20191 (Charities SORP (FRS 102) Revised), the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the
Companies Act 2006 and Charities Act 2011.
General Informatlon and basls of preparatlon
The Johns Hopkins University (USA) Foundation Limited is a Charitable company limited by share
capital, incorporated in England. The address of its registered office is given in the charity information
on page 1 of these financial statements. The nature of the Charlty's opgrations and principal actlvltles
are given on page 2.
The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
Initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
The financial statements are presenled in pound sterling. which is the functional currency of the
Charily and rounded to the nearest £1.
Going concern
The Ch8rlty's Flnancial Statements show total Income of £42,097 {2023'. £2,457,730) for the year
and free reserves of £449 {2023.' £568). The trustees have concluded that there are no mat8rial
uncertainties related to events or conditions that may cast significant doubt on the ability of th8 charity
to continue as a going concern and are fully engaged on a strategy to create a sustainable and
resilient organisation during challenging times. The Charity continues to have flnanclal support from
its parent company {Johns Hopkins University based in USA). Therefore, the trustees are of the view
that these results have secured the immediate future of the Charity for the next 12 to 18 months and
on this basis the Charity is a golng concern.
Income and •ndowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income receivable can be measured rellably.
Page 9

The Johns Hopkins Universlty (USA) Foundatlon Limited
Notes to the Financial Statements for the Year Ended 30 June 2024
Donations and legacies
Donations are recognised when the Charity has been notified in writing of both the amounl and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by Ihe Charity before the Charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of thè Charity, and il is probable that these conditions will ba fulfilled in the reporting
pèriod.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated lo
the applicable expenditure heading those aggregate similar costs to that category. Where costs
cannot be directly attributed to particular headings, they have been allocated on a basis consistent
wilh the use of resources, with central staff costs allocated on the basis of time spent, and
depreciation charges allocated on Ihe portion of the asset's use. Other support costs are allocated
based on the spread of staff costs.
Charitable actlvltles
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Grant provisions
Provisions for grants are made when the intenlion to make a grant has been communicated to the
recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Cash flow statement
The charilable company qualifies as a small company and advantage has been taken of the
exemption provided by SORP IFRS 1021 as amended by Bulletin 1, not to prepare a cash flow
statement.
Taxation
The charity is considered to pass the lests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and Iherefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of Ihe Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Debtors
Other debtors are amounts due from HMRC in respect of gift aid due on donations.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Pag¢ 10

The Johns Hopkins University (USA) Foundation Llmlted
Notes to the Flnancial Statements for the Year Ended 30 June 2024
Share Capital
Ordinary shares are classified as equily. Equity instruments are measured at the fair value of the Gash
or other resources received or receivable, net of the direct costs of issuing the equity instruments. If
payment is deferred and the lime value of money is material, the initial measurement is on a present
value basis.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustee's discretion in
furtherance of the objectives of tha Charity.
Restricted income funds are those donated for use in 8 particular area or for specific purposes, the
use of which is restricted to that area or purpose.
Financial Instruments
Classification
Financial assets and financial liabilities are recognised when the charity becornes a party to the
contractual provisions of the instrumenl.
Financial liabilities and equily instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction
costs), except for those financial assets classified as at fair value through profit or loss, which are
initially measured at fair value (which is normally the transaction price excluding transaction costs),
Financial assets and liabiliti@s are only offset in the statement of financial position when, and only
when there exlsts a legally enforceable right to Set off the r8cognised amounts and the Charity intends
either lo settle on a net basis, or to realise the asset and s8tt18 the liability slmultan80usIy.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows
from the financial asset expire or are setued. b) the Charity transfers to another party substantially all
of the rlsks and rewards of ownership of the financial asset, or c} the Charity, despite having retained
some, but not all. significant risks and rewards of ownership, has transferred control of the asset to
another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged,
cancelled or expires.
Significant Judgments and Estimates
In the application of the company's accounting policies, management is required to make judgments,
estimates and assumptions about the carrying values of assets and liabilities that are not readily
apparent from other sources. The estimates and underlying assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an on going basis. Revisions to
accounting estimates are recognized in the period in which the estimate is revised if the revision
affects only that period, or in the period of the revision and future periods if the revislon affects both
current and future periods.
Pagell

The Johns Hopkins Unlverslly (USA) Foundation Limlted
Notes to the Flnancial Statements for the Year Ended 30 June 2024
3. In¢ome from Donation and legacies
Unrestricted
funds
General
Restrl¢ted
funds
Total
2,024
Total
2,023
Donations and legacies.
Donations from individuals
Gift aid reclaimed
34,064
8,019
42.083
34,064
8,019
42,083
2,450,194
6,965
2,457,159
The donations and legacies in 2023. totalling £2,457.159 fully attributed to unrestricted funds.
4. Investment income
Unrestricted
funds
General
Totsl
2023
Interesl receivable and similar income.
Other Interest receivabl8
14
571
5. Expendlture on charitable activltles
Actlvity
undertakèn
dlrectly
Actlvlty
support
costs
Tolal
2024
Total
2023
Grant payments made to USA
Johns Hopkins University
The total above includes £133 (2023: £231) attributable to unrestricted funds and £42.083 (2023..
£2.457,845) to restricted fund.
42,083
133
42,216
2,458,076
6. Trustees remuneratlon and expenses
No trustees, nor any persons connected with them, have received any remuneration from the Gharity
durlng the year.
No trustees hav8 received any reimbursed expenses or any other benefits from the charlty during the
year.
Poge 12

The Johns Hopkins University (USA) Foundation Llmlted
Notes to the Finan¢lal Statements for the Year Ended 30 June 2024
7. Independent Examlner's remuneration
Fees payable to the auditors are settled by the parent company in full.
2024
2023
Independent Examination fees
Audit of the financial statements
2,640
3.330
Independent Examiner's remuneration includes a fee of £1,680 (2023-Audit fee-£2,250) for the
examination of the accounts and £960 (2023.. £1,080) in relation to the services for preparalion of the
year end accounts.
8. Taxation
The company is a registered charity and is, therefore, exempt from taxation.
9. Debtors
2024
2023
Other d8btors
10. Cash and cash equlvalants
2024
2023
Cash at bank
33,718
677
11. Creditors: amounts falling due within one year
2024
2023
Other creditors
33,163
Page 13

The Johns Hopkins Unlverslty (USA) Foundation Llmlted
Notes to the Financial Statements for the Year Ended 30 June 2024
12.Share capltal
Allotted, Called up and fully pald shares
2024
2023
No.
No.
Ordinary shares of £1 each
100
100
100
100
13. Fund
Balance at
1st July 2023
Incoming
resources
Rèsources
expended
Balance at
30 June 2024
Unre$tri¢ted funds
Gengr•l
Unrestricted income fvnd
568
568
14
14
11331
11331
449
449
Restrlcted fund$
SAIS Bologna Class of 1983 LEAD Fellowship
Fund
Samuel Keith Fellowship at SAIS Europe
Campus Ministrres
Bloomberg School of Public Health
SAIS-Europa
Griffilhs Profe$$orship Fund at Johns Hopkins
Medicine
SGhool of Education
24,286
124,2861
15,0541
5,054
4,832
1,080
{4.8321
(1,0801
{6,0451
6,045
Johns Hopkins Cenlgr for Health Security
788
17861
Total rostrlcled funds
42,083
(42,0831
Totsl funds
577
142,216)
458
Page 14

The Johns Hopkins Universlty (USA) Foundation Limlted
Notes to the Financlal Statements for the Year Ended 30 June 2024
Previous Year
Balance at
1 st July 2022
Incoming
r•sour¢•s
Resources
expended
Balance at
30 June 2023
Unrestrlcted funds
General
Unrestricted income fund
228
228
571
571
1231)
12311
568
568
Re$tricted funds
SAIS Bologna Class of 1983 LEAD Fellowship
Fund
Samuel Keith Fellowship al SAIS Europe
Campus Ministries
Bloomberg School of Public Health
Humanities
Dept. of Medlcine, Lyme FAC Devl Fund
SAIS
School of Educatio
24,695
124,695)
15,0431
5,043
5,090
15.090)
18381
{16,7011
{GO}
838
16,701
60
Johns Hopkin5 Center for Health Security
11501
2.405,570
{2,405.4181
Total restricted funds
695
2,457.191
12.457.844}
Total funds
923
2 457 730
2,458 076
577
The speclflc purposes for whlch the funds are to be applled are as follows:
Campus Mlnlstries - To fund ministry at the University.
Bloomberg School of Publlc Health - To provide funding to the School and its students.
School of Education - To provide funding to the School and its students
Samuel Keith Fellowship at SAIS Europe- The gifl will be used to benefit the School of Advanced
International Studies, SAIS Europe, as a current use gift to finance the Samuel Keith Fellowship at
SAIS Europe (from now on "the Fund"). The Fund will benefit SAIS Europo stud8nts who demonstrate
marit and are fi'nancially needy.
Fund for SAIS The Fund for SAIS serves as a Gritical source of funding for the university's highBst
priorities. It offer more fellowships. scholarships, and other financial aid or scholarship support for
current students.
Johns Hopklns Center for Health Security - The Johns Hopkins Center for Health Security is an
independent, non-profit organization of the Johns Hopkins Bloomberg School of Public Health that
works in the area of health consequences from epidemics and disasters.
Contribution is current-use.
Page 15

The Johns Hopklns Unlversity (USA) Foundatlon Llmited
Notes to the Financial Statements for the Year Ended 30 June 2024
Grtffiths Professorship Fund at Johns Hopklns Medicine The purpose and intent of the Roland
R. Grrffiths, Ph.D., Professorship Fund In Psychedelic Res8arch on Secular Spirituality and Well-
Being is to support a professorship and to establish a world class, rigorou%, eniplrirH¢iI program of
research with psychedelic substances lo advance unders131iding of woll-beinLJ Lind si)irltuality in the
service of human flourishing for generations to come. The program will a¢Jvnnr,p sr.ip,nlific research
and scholarship on the uses of psychedelic substances and Iheir siibse.qiJpiil eflp.ct% oli (i) improving
human health and well-being, {ii} increasing prosocial human behaviors, and lili} cultivating a life of
greater equanimity and a more compassionate and peaceful worldview. The research will also
advance the understanding of the physical, psychological. and other conditions that predispose or
contribute to psychedelic associated human flourishing. The hallmark of this research shall be the
scientific melhod.
Dept. of Medicine, Lyme FAC Devt Fund Since it was established nearly seven years ago, the
Johns Hopkins Lyme Disease Research Center's robust clinical, research and educational programs
have flourished. Under the leadership of Director, Dr. John Aucott, the Center's work has continued,
unabated, despite Ihe significant challenges presented in the face of the COVID-19 pandemic.
Highlights include the implementation of Johns Hopkins Medicine's first approved telehealth program.
the advancement of a robust pipeline of publications, nurturing and expanding over 30 national and
international research collaborations and the continued development of our educational programs for
Prl. lients aiid hoallh rare providors aroLind Ihe world. Our outreach activities include land are not
Ilmlled tol a Cantlniiiiig Medic¢il F(Iuc¢11ion ICMEI program for clinicians and allied health
s)rolc#tional.
and rili anni.ial l yino nisplr. Sl.J Aw¢iro.iip.ss month outreach initiatlV8 held 88ch May.
M1r ny of Ihese aclivili6% are m8(Je PObslbl& hy philanthropic support, like that provided by Vivlenne
rAnd Joshu￿ Spt)cJrri. To fui'lhor eni'ich otir i)c11i(.)i)I care services, we have added a junior clinician-
scientist lo our weekly clinic schedule, Dr. John Miller. Dr. Miller is a rheumatologist who has decid8d
lo dedicale part of his career to care and reseL1rr,li In Lyme Disease. To attract olliers like Dr. Mlller lo
the field, we have launched an ambitious fundraising caini)<lign lo eqlablish the firsl-ever l_yiiie
Disease Fellowship. Ullimately, we hope this efforl wi51 creale a pool of qualifiod Gliniclanv) to mecl the
growing need for Lyme Disease experts presently rind in the fulijre. In addition lo rigoroii8 Ir¢iinirig
with Dr. Aucott, Fellows will be given the opportunity lo pursue a MastL)r's of Public Heallh al Ihe
Johns Hopkins Bloomberg School of Public Health.
14 Analysis of net assets between funds
Unrestricted
funds
General
Total fund$ at
30 June
2024
Restrlcted
funds
Current assets
Total nel assets
549
549
558
558
Page 16

The Johns Hopklns University (USA) Foundatlon Lirnited
Notes to the Financlal Slatements for the Year Ended 30 June 2024
15. Related parties
During the year the charity made the following related party transactions-
Johns Hopkins University (Parent Company)
Grants paid to John Hopkins University under the charitable objectives this year totalled £42,083
(2023.. £2,457,845).
Administrative expenses are settled directly by Johns Hopkins University, including the independent
Examiner's fee of £2.640 {2023.' £3,330) gross of VAT.
16. Parent and ultimate parent undertaking
The company's immediate parent is Johns Hopkins University, a not-for-profit organisation
incorporated in the USA. The address of Johns Hopkins University is Baltimore, MD, 21218.
The charity is ultimately controlled by the trustees, who are all directors of the company.
Page 17