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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. Total assets have decreased from $7M in 2011 to $2M in 2024. The foundation is governed by 7 officers and trustees. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Bruce Kurlander Esq | CLERK/TREASURER | $0 | $0 | N/A |
| Bruce Leicher Esq | DIRECTOR | $0 | $0 | N/A |
| Dr David Fischell | DIRECTOR | $0 | $0 | N/A |
| Linda King | ASSISTANT TREASURER | $0 | $0 | N/A |
| Nancy Hsuing | DIRECTOR | $0 | $0 | N/A |
| Dr Fred Ledley | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2M
Fair Market Value
N/A
Net Worth
$2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$1.5M
Average Grant
$750K
Median Grant
$750K
Unique Recipients
1
Most Common Grant
$1M
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 |