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Research Institutes is a private corporation based in SPRINGFIELF, VA. The foundation received its IRS ruling in 2021. The principal officer is Dr Femi Obasun. It holds total assets of $4.7M. Annual income is reported at $3.5M. Total assets have grown from $60K in 2019 to $250K in 2023. Tax records are available from 2019 to 2023. According to available records, Research Institutes has made 7 grants totaling $61K, with a median grant of $5K. Annual giving has decreased from $35K in 2020 to $20K in 2022. Individual grants have ranged from $1K to $35K, with an average award of $9K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Virginia and Arizona. Contributions to this foundation are tax-deductible.
Research Institutes (EIN: 82-4585188) is a 501(c)(3) educational organization based at 7007 Backlick Ct Suite 250, Springfield, Virginia 22151 (Fairfax County). The organization received IRS exempt status in June 2021 and carries NTEE code T05, which covers Research Institutes and Public Policy Analysis, specifically in the context of technical assistance and capacity building for private foundations. The IRS records contain a typo in the city name ('Springfielf' instead of 'Springfield'). The organization's IRS filings reference Liberty University as a primary mission descriptor, suggesting ties to the Lynchburg, Virginia-based Christian university. The website domain researchinstitutes.org is occupied by an unrelated Italian/UAE technology company (EDE - Exponential Deep Examination) and does not represent this organization.
Financial analysis of available 990-PF filings reveals an unusual pattern for an organization classified as having $4.65M in assets per the IRS BMF: actual 990-reported assets range from $60,276 (FY2019) to $992,216 (FY2022) to $250,000 (FY2023). This discrepancy suggests the IRS BMF asset figure may include unreported or specially classified assets not reflected in standard 990 data fields. Revenue consists almost entirely of gifts and contributions: $1,958,463 in FY2023; $958,927 in FY2022; $5,000 in FY2021; and $489,000 in FY2019. Reported program activities consist of small donations to Liberty University: $6,000, $3,000, and $1,000 in separate program descriptions. Total external grants are very small relative to revenue, suggesting most funds are used for operational/educational activities rather than external grantmaking.
| Organization Type | Assets | Annual Ext. Grants | NTEE | Public Portal |
|---|---|---|---|---|
| Research Institutes (Springfield VA) | ~$4.65M (BMF) / $250K (990) | $10K or less | T05 | None |
| Typical VA research/policy nonprofit (~$5M assets) | ~$5M | Operating expenses | T05 | Sometimes |
| Liberty University-affiliated nonprofits | Varies | Internal mission only | Varies | No |
| Traditional private grantmaking foundations (T20, ~$5M) | ~$5M | $200–400K | T20 | Rare |
Research Institutes does not resemble a traditional external grantmaking foundation in its financial profile. The small donation amounts to Liberty University and the operational expense pattern suggest this is primarily an educational research operating organization, not a foundation distributing grants to the public.
Most recent IRS 990-PF data (FY2023): revenue $2,134,251 (gifts $1,958,463); expenses $1,582,952; reported assets at year end $250,000. The large revenue spike in 2023 vs. prior years (2022: $958,927; 2021: $5,000) indicates volatile, contribution-driven financing. IRS BMF data through December 2024 shows income of $3,459,635, suggesting continued large inflows in the most recent year. Despite large revenue figures, the organization's program activities remain modest in scale. The foundation was established relatively recently (2021 IRS ruling) but appears to have pre-2021 filings suggesting it may have been operating under a different status previously (FY2019 filing exists). The Springfield, VA address places it in the Northern Virginia tech and government contractor corridor.
Grant seekers should approach Research Institutes with caution: this organization does not appear to function as a traditional external grantmaking foundation. Key considerations: (1) The primary mission appears to be supporting Liberty University through small donations and educational research activities, not broad external grantmaking; (2) The website domain researchinstitutes.org is occupied by an unrelated international technology company; (3) Organizations with Liberty University or Christian higher education connections may be the most relevant potential grantees; (4) The NTEE T05 classification suggests work in research capacity-building for private foundations, which could indicate a service role rather than a direct funder role; (5) Given the unusual financial profile and lack of consistent external grantmaking history, researchers should verify current status and activities through direct outreach to the Springfield, VA address or through updated IRS TEOS filings before dedicating significant pursuit efforts.
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donation
Expenses: $6K
donation
Expenses: $3K
Donation
Expenses: $1K
Financial analysis of available 990-PF filings reveals an unusual pattern for an organization classified as having $4.65M in assets per the IRS BMF: actual 990-reported assets range from $60,276 (FY2019) to $992,216 (FY2022) to $250,000 (FY2023). This discrepancy suggests the IRS BMF asset figure may include unreported or specially classified assets not reflected in standard 990 data fields. Revenue consists almost entirely of gifts and contributions: $1,958,463 in FY2023; $958,927 in FY2022; $5.
Research Institutes has distributed a total of $61K across 7 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $35K.
Research Institutes (EIN: 82-4585188) is a 501(c)(3) educational organization based at 7007 Backlick Ct Suite 250, Springfield, Virginia 22151 (Fairfax County). The organization received IRS exempt status in June 2021 and carries NTEE code T05, which covers Research Institutes and Public Policy Analysis, specifically in the context of technical assistance and capacity building for private foundations. The IRS records contain a typo in the city name ('Springfielf' instead of 'Springfield'). The o.
Research Institutes is headquartered in SPRINGFIELF, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.6M
Total Assets
$250K
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
$2M
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$61K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northcentral UniversityStudy | Scottdale, AZ | $5K | 2022 |
| Liberty UniversityResearch | Lychburg, VA | $5K | 2022 |
| Liberty UnivesityDissertation Research Study | Lychburg, VA | $1K | 2021 |
| Nova MedeicalResearch | Arlington, VA | $35K | 2020 |