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This program supports U.S. scholars in the biomedical sciences, including medical students, graduate students, and early-career researchers, to undertake mentored research projects at select academic and research institutions in China. The fellowship aims to develop the next generation of American medical research leaders focused on China through a training experience similar to NIH Fogarty International Center fellowships.
China Medical Board Inc. is a private corporation based in CAMBRIDGE, MA. The foundation received its IRS ruling in 2014. It holds total assets of $337.2M. Annual income is reported at $60.7M. Total assets have grown from $210.6M in 2011 to $337.2M in 2024. The foundation is governed by 10 officers and trustees. Tax records are available from 2020 to 2024. According to available records, China Medical Board Inc. has made 106 grants totaling $10M, with a median grant of $80K. The foundation has distributed between $4.8M and $5.3M annually from 2021 to 2022. Individual grants have ranged from $669 to $598K, with an average award of $94K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Connecticut, Pennsylvania, Florida, which account for 6% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
China Medical Board (CMB) is one of the oldest American foundations working in Asia, founded in 1914 and holding assets of $337M as of 2024. Its giving philosophy is not traditional philanthropy — since formally becoming a direct operating foundation in 2016, CMB designs and co-manages programs rather than simply issuing checks. Grant seekers who approach CMB expecting a straightforward proposal-and-wait relationship will be disappointed; those who position themselves as genuine collaborative partners aligned with CMB's institutional agenda have a far stronger chance.
CMB operates through three substantive program tracks: Health Policy and Systems Sciences (its largest by expense at $2.75M), Health Professional and Medical Education ($1.88M), and the Equity Initiative for Southeast Asia ($989K). A fourth Southeast Asia general track ($892K) supports regional networking and programming. Every proposal must fit clearly within one of these tracks — there is no general grant category.
The foundation's historical grantee list is dominated by Chinese academic medical institutions. Peking University Health-Science Center has received 17 grants totaling $1.46M; Peking Union Medical College, Fudan, Central South, and Sun Yat-Sen Universities together account for millions more across dozens of grants. These relationships have been cultivated over decades. First-time applicants without pre-existing ties to these anchor institutions should seek co-applicant status from one of them, or demonstrate equivalent institutional standing through a track record of peer-reviewed work in CMB's focus geographies.
For the Open Competition grants — the primary pathway for research teams — CMB requires a binational PI structure: one PI based in China (or Southeast Asia) and one based in the United States. The 2025 cycle required both PIs to have received their terminal degree or completed postdoctoral/residency training within the past 10 years. This early-career emphasis is intentional; CMB sees itself as investing in the next generation of Asian health leaders, not rewarding established scholars.
Relationship cultivation before submitting a formal application is important. Program officers at the Beijing office (cmbbeijing@cmbfound.org) and the Bangkok office are accessible and can clarify alignment before significant proposal-writing investment. CMB's planning grants (typically $20,000-$50,000) serve as an explicit on-ramp for organizations developing new programs — these are worth pursuing before a full competitive grant if your concept is still forming.
CMB's annual total giving has ranged from $5.9M (2019) to $14.6M (2023) over the five years of available data, with a 2019-2023 average of approximately $10.5M per year. Assets have grown from $295M (2019) to $337M (2024), driven primarily by investment returns.
The Open Competition grant database reveals a clear grant-size structure. Median grant: $80,000 (per foundation records). Range: $669 (a supplemental Myanmar scholarship) to $767,855 (a multi-year Peking Union Medical Foundation institutional grant). The vast majority of open competition research awards cluster between $50,000 and $80,000 per project. Planning grants typically run $20,000-$50,000. Implementation projects — which translate research into practice — command $80,000-$100,000. Multi-year institutional partnership grants for flagship programs (Global Health Leadership Development, pediatric training, fellowship programs) reach $400,000-$617,000 in aggregate.
By program area (from 990 expense data): Health Policy & Systems Sciences absorbs the largest share at $2.75M; Health Professional/Medical Education at $1.88M; Equity Initiative (Southeast Asia direct operating) at $989K; Southeast Asia general grantmaking at $892K. These proportions have been relatively stable, though the Equity Initiative is expanding with the new Bangkok office.
Geographically, China-based institutions account for approximately 80% of grant dollars. Peking University Health-Science Center alone represents 14.6% of the tracked grant sample ($1.46M). US-based institutional partners — Yale ($617K), Children's Hospital of Philadelphia ($400K), London School of Hygiene and Tropical Medicine ($550K) — receive grants primarily as overseas operating hosts for fellowship programs, not as independent research grantees.
Southeast Asia grants (Philippines, Indonesia, Vietnam, Myanmar, Thailand, Malaysia) are smaller in size, typically $30,000-$50,000, and support civil society organizations, universities, and public health institutes addressing health equity and marginalized populations.
CMB's asset-size peers from the Philanthropy & Grantmaking NTEE category represent very different strategic mandates — useful for benchmarking scale but not thematic alignment:
| Foundation | Assets | Annual Giving | Primary Focus | Geographic Focus | Application |
|---|---|---|---|---|---|
| China Medical Board Inc. | $337M | ~$10-15M | Health education, policy, equity | China & Southeast Asia | Competitive + Invited |
| Kovner Foundation | $335M | ~$10M | Education & public affairs | United States | Invited only |
| John & Marcia Goldman Foundation | $335M | ~$10M | Environment, education, health | US West Coast | LOI required |
| Troper Wojcicki Foundation | $339M | ~$15M | Education, criminal justice, health | US/Global | Invited |
| Max & Marian Farash Foundation | $342M | ~$12M | Education, community development | Rochester, NY metro | LOI required |
What distinguishes CMB from every asset-size peer is its exclusive international mandate and its role as a direct operating foundation. All five foundations manage endowments in the $332-342M range, but only CMB focuses entirely on Asia — making it the dominant private American foundation for US-China and US-Southeast Asia health sector collaboration. CMB's competitive open competition track also sets it apart; most comparably sized foundations rely on invited proposals or prior relationships, while CMB maintains a genuine open call mechanism (with binational eligibility requirements) that creates pathways for new entrants.
The most consequential recent development is the appointment of Dr. Thaksaphon Thamarangsi as Chief Representative and Director of the Bangkok Office, effective January 1, 2026. Dr. Thamarangsi previously served in senior roles at the International Health Policy Program of Thailand's Ministry of Public Health — a direct CMB grantee ($49,903 in the tracked sample). His appointment signals CMB's intent to deepen its Southeast Asia presence beyond grantmaking into sustained programmatic partnership.
In 2024, CMB celebrated its 110th anniversary, marking over a century of uninterrupted philanthropic work in Asia — a milestone that reinforced the foundation's long-term institutional identity and commitment to the region.
The 2025 Open Competition Grants Program introduced a thematic focus on healthy aging, with attention to clinical and translational projects, implementation science, and health system strengthening. This represents a thematic consolidation relative to prior years' broader public health framing.
CMB launched a new U.S. Postdoctoral Research Fellowship for American biomedical scholars, offering 1-2 year placements at Chinese partner institutions. This bidirectional exchange supplement suggests CMB is actively rebuilding US-China scientific bridge programs during a period of geopolitical tension between the two countries.
No major leadership changes to the board or US-based senior staff are apparent from available records. Harvey V. Fineberg (former IOM/NAM president), Frederick Zuliu Hu, Jeffrey P. Koplan (former CDC director), and Suzanne Siskel continue as trustees, providing strong global health policy credibility to the board.
Know the binational PI requirement cold. The Open Competition track mandates one PI from China or Southeast Asia and one from the United States. Both must have received their terminal degree (PhD, ScD, DrPH, or MD) or completed postdoctoral/residency training within the past 10 years (2015 or later for 2025). Senior faculty who completed training before 2015 are ineligible as PIs — they can serve as co-investigators or mentors, but the lead PI slot must go to an early-career researcher.
Match the annual theme before drafting. CMB's Open Competition changes its thematic focus annually. In 2025 it was healthy aging; in prior years it has covered mental health, maternal and child health, and infectious disease. Check cmbfound.org in January-February each year before investing in proposal development. Submitting a well-crafted proposal that doesn't match the announced theme is a hard disqualifier.
Anchor to an established CMB partner institution. Proposals from researchers at Peking University, PUMC, Fudan, Central South, Sun Yat-Sen, Zhejiang, or Sichuan Universities carry implicit credibility because CMB has deep institutional relationships with these schools. If your China-side PI is at a less prominent institution, pair the application with a co-investigator or advisory role from a CMB anchor school.
Use planning grants as a deliberate strategy. CMB awards planning grants ($20,000-$50,000) to organizations developing programs that may not yet be ready for full competition. These are not consolation prizes — they are explicitly designed as on-ramps. If your concept is early-stage, request a planning grant first, deliver strong results, then apply for an implementation or open competition grant in a subsequent cycle.
For Southeast Asia proposals, engage the Bangkok office. The Equity Initiative targets health equity leaders in Thailand, Vietnam, Myanmar, the Philippines, and Indonesia. Typical awards: $30,000-$50,000 to civil society organizations and universities. Contact the Bangkok office for current guidelines; the Beijing office (cmbbeijing@cmbfound.org) handles China-focused inquiries. Do not conflate the two tracks.
Emphasize implementation and systems, not just discovery. CMB's mission is squarely in health professional education and health systems strengthening — not basic science. Even clinical research proposals should explain how findings will influence training, policy, or health system practice in the target region. Pure laboratory or biomedical science proposals will not be competitive.
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Smallest Grant
$669
Median Grant
$80K
Average Grant
$101K
Largest Grant
$598K
Based on 52 grants from the most recent 990-PF filing.
Grant making in which cmb is significantly involved in the program areas of health policy and system sciences.
Expenses: $2.8M
Grant making in which cmb is significantly involved in the program areas of health professional / medical education.
Expenses: $1.9M
Ei: the equity initiative is a direct operating program of cmb to train a generation of leaders and build a community for the mission of advancing health equity among the people in southeast asia.
Expenses: $989K
Grant making in which cmb is significantly involved in the program areas of southeast asia.
Expenses: $892K
CMB's annual total giving has ranged from $5.9M (2019) to $14.6M (2023) over the five years of available data, with a 2019-2023 average of approximately $10.5M per year. Assets have grown from $295M (2019) to $337M (2024), driven primarily by investment returns. The Open Competition grant database reveals a clear grant-size structure. Median grant: $80,000 (per foundation records). Range: $669 (a supplemental Myanmar scholarship) to $767,855 (a multi-year Peking Union Medical Foundation institut.
China Medical Board Inc. has distributed a total of $10M across 106 grants. The median grant size is $80K, with an average of $94K. Individual grants have ranged from $669 to $598K.
China Medical Board (CMB) is one of the oldest American foundations working in Asia, founded in 1914 and holding assets of $337M as of 2024. Its giving philosophy is not traditional philanthropy — since formally becoming a direct operating foundation in 2016, CMB designs and co-manages programs rather than simply issuing checks. Grant seekers who approach CMB expecting a straightforward proposal-and-wait relationship will be disappointed; those who position themselves as genuine collaborative pa.
China Medical Board Inc. is headquartered in CAMBRIDGE, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Lichten | ASST. TREASURER/ CAO, CFO | $268K | $60K | $328K |
| Harvey V Fineberg | TRUSTEE | $0 | $0 | N/A |
| Suzanne Siskel | TRUSTEE | $0 | $0 | N/A |
| Frederick Zuliu Hu | TRUSTEE | $0 | $0 | N/A |
| William Y Yun | TRUSTEE | $0 | $0 | N/A |
| Laura Butzel | LEGAL COUNSEL | $0 | $0 | N/A |
| Wendy H O'Neill | TRUSTEE | $0 | $0 | N/A |
| Jeffrey P Koplan | TRUSTEE | $0 | $0 | N/A |
| J Stephen Morrison | TRUSTEE | $0 | $0 | N/A |
| Jeffrey R Williams | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$337.2M
Fair Market Value
N/A
Net Worth
$336.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
106
Total Giving
$10M
Average Grant
$94K
Median Grant
$80K
Unique Recipients
41
Most Common Grant
$80K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| International Health Policy Program Foundation Ministry Of Public HealthSUPPORT TO THE PRINCE MAHIDOL AWARD CONFERENCE 2022-2024 | Nonthaburi | $416K | 2022 |
| Children'S Hospital Of PhiladelphiaTO SUPPORT THE IMPLEMENTATION OF US-SINO PEDIATRIC ACADEMIC TRAINING PROGRAM | Philadelphia, PA | $200K | 2022 |
| Peking University Health-Science CenterGRANT TO CHINA-BASED PROGRAM OPERATING INSTITUTION FOR THE CMB GLOBAL HEALTH LEADERSHIP DEVELOPMENT PROGRAM | Beijing | $200K | 2022 |
| Sun Yat-Sen UniversityTO SUPPORT A PROJECT ON THE DEVELOPMENT AND IMPLEMENTATION OF CORE ENTRUSTABLE PROFESSIONAL ACTIVITIES FOR SURGICAL RESIDENCY TRAINING | Guangshou | $150K | 2022 |
| Peking Union Medical FoundationTO SUPPORT A PROJECT ON THE DEVELOPMENT OF CONSENSUS ON CORE COMPETENCIES FRAMEWORK AND ASSESSMENT TOOL FOR CLNICIAN EDUCATORS | Beijing | $150K | 2022 |
| Peking Union Medical College Education FoundationTO SUPPORT A PROJECT FOR ORGANIZING THE PIPE ORGAN RESOUND CONCERT EVENT AS PART OF THE CELEBRATION OF PUMC'S 105TH ANNIVERSARY | Beijing | $100K | 2022 |
| Zhejiang UniversityGRANT TO SUPPORT AN IMPLEMENTATION PROJECT ON THE CORE-COMPETENCY BASED RESIDENT CLINICAL ASSESSMENT IN REAL WORLD SETTINGS IN ZHEJIANG UNIVERSITY AFFILIATED FIRST HOSPITAL | Hangzhou | $100K | 2022 |
| Universiity Of Miami Miller School Of MedicineGRANT TO SUPPORT THE CONFERENCE EVENT AND LAUNCH OF LANCET COMMISSION 10-YEAR IMPACT REPORT | Miami, FL | $100K | 2022 |
| Foundation For Southeast Asia StudiesSUPPLEMENTAL GRANT TO PARTNERSHIP/COVID-19 | Pathum Wan | $100K | 2022 |
| Fudan University Shanghai Medical CollegeGRANT TO SUPPORT AN IMPLEMENTATION PROJECT ON THE CORE-COMPETENCY BASED RESIDENT CLINICAL ASSESSMENT IN REAL WORLD SETTINGS IN FUDAN UNIVERSITY ZHONGSHAN HOSPITAL | Shanghai | $100K | 2022 |
| Sichuan UniversityTO SUPPORT A PROJECT ON THE DEVELOPMENT AND IMPLEMENTATION OF AN E-LEARNING PLATFORM FOR STANDARDIZED TRAINING OF SURGICAL RESIDENTS | Chengdu | $80K | 2022 |
| Central South UniversityOPEN COMPETITION GRANT TO SUPPORT RESEARCH ON MODIFIED BEHAVIORAL ACTIVATION TREATMENT | Changsha | $80K | 2022 |
| Hainan Medical UniversityOPEN COMPETITION GRANT TO SUPPORT RESEARCH ON ENHANCING HELP-SEEKING TOWARDS PERINATAL DEPRESSION | Haikou | $80K | 2022 |
| Nanjing Medical UniversityOPEN COMPETITION GRANT TO SUPPORT RESEARCH ON VALUE-BASED HEALTH SERVICE MODEL FOR SEVERE MENTAL ILLNESSES | Nan Jing Shi | $80K | 2022 |
| Shanghai Jiaotong UniversityOPEN COMPETITION GRANT TO SUPPORT RESEARCH ON DIGITAL PSYCHOSOCIAL INTERVENTION FOR CHINESE CANCER PATIENTS | Shanghai | $80K | 2022 |
| Yale UniversitySUPPLEMENT GRANT TO OVERSEAS PROGRAM OPERATING INSTITUTION TO SUPPORT THE PRE-DEPARTURE TRAINING AND IMPLEMENTATION OF CMB GLOBAL HEALTH LEADERSHIP DEVELOPMENT PROGRAM | New Haven, CT | $75K | 2022 |
| London School Of Hygiene & Tropical MedicineSUPPLEMENT GRANT TO OVERSEAS PROGRAM OPERATING INSTITUTION TO SUPPORT THE PRE-DEPARTURE TRAINING AND IMPLEMENTATION OF CMB GLOBAL HEALTH LEADERSHIP DEVELOPMENT PROGRAM | London | $75K | 2022 |
| Rare IncBUILDING AN EQUITABLE HEALTH AND FINANCIAL ACCESS FOR COASTAL FISHERS IN THE ISLAND OF SIARGAO, PHILIPPINES | Cebu City | $50K | 2022 |
| National University Of SingaporeHEALTH EQUITY INDEX | Singapore | $50K | 2022 |
| Ateneo De Manila UniversityENABLING YOUTH EQUITY IN DRUG WAR-AFFECTED COMMUNITITES IN THE PHILIPPINES | Quezon City | $50K | 2022 |
| Independent Living Learning Centre Inc (Illc)INSTITUTIONALIZATION OF TELETHERAPY AND REMOTE LEARNING IN COMMUNITY BASED REHABILITATION PROGRAMS | Mandaluyong City | $50K | 2022 |
| The Knowledge HouseHEALTH INFORMATION CAPACITY BUILDING | Singapore | $49K | 2022 |