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National Biomedical Research Foundation Inc. is a private corporation based in WALTHAM, MA. The foundation received its IRS ruling in 2002. It holds total assets of $2M. Annual income is reported at $703K. The foundation operates in the area of health. According to available records, National Biomedical Research Foundation Inc. has made 2 grants totaling $1.5M, with a median grant of $750K. Annual giving has grown from $500K in 2022 to $1M in 2023. Individual grants have ranged from $500K to $1M, with an average award of $750K. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
National Biomedical Research Foundation Inc. primarily funds organizations in the area of health. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
National Biomedical Research Foundation Inc. has distributed a total of $1.5M across 2 grants. The median grant size is $750K, with an average of $750K. Individual grants have ranged from $500K to $1M.
National Biomedical Research Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
National Biomedical Research Foundation Inc. is headquartered in WALTHAM, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Adams | DIRECTOR | $0 | $0 | $0 |
| Bruce Kurlander Esq | CLERK/TREASURER | $0 | $0 | $0 |
| Bruce Leicher Esq | DIRECTOR | $0 | $0 | $0 |
| Dr David Fischell | DIRECTOR | $0 | $0 | $0 |
| Linda King | ASSISTANT TREASURER | $0 | $0 | $0 |
Total Giving
$20K
Total Assets
$2.5M
Fair Market Value
$2.3M
Net Worth
$2.5M
Grants Paid
$0
Contributions
$0
Net Investment Income
$124K
Distribution Amount
$110K
Total: $0
Total Grants
2
Total Giving
$1.5M
Average Grant
$750K
Median Grant
$750K
Unique Recipients
1
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bentley UniversityDEVELOP CENTER FOR INTEGRATION OF SCIENCE AND INDUSTRY AT BENTLEY UNIVERSITY | Waltham, MA | $1M | 2023 |
| Nancy Hsuing |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Dr Fred Ledley | PRESIDENT | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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