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Foundation For Biomedical Research

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042746997 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Foundation For Biomedical Research?

The Foundation for Biomedical Research, located in Washington D.C., serves as a vital advocate for the community on the topic of animal research. With a mission to foster understanding, they utilize various media outlets to promote the essential role of humane and responsible animal research in medical progress. The organization accomplishes this by creating and disseminating educational materials to the general public, media, students, and the research community. With a small team of just two employees, the Foundation plays a significant role in shaping public perception and advocating for the importance of animal research in advancing medical breakthroughs.


Official website here: www.fbresearch.org

Is Foundation For Biomedical Research legitimate?

Foundation For Biomedical Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Biomedical Research submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $406,296

For more financial information, click here


Official website here: www.fbresearch.org

What is the mission statement of Foundation For Biomedical Research?

The Foundation for Biomedical Research's mission is centered around creating and disseminating educational materials to various audiences, including the general public, students, the media, and the research community. This initiative aims to highlight the crucial role that humane and responsible animal research plays in driving continued medical progress. The organization serves as a spokesperson for the community on animal research, promoting public understanding through various media outlets. By doing so, they aim to foster a positive perception of animal research and its significant contributions to medical advancements.


Official website here: www.fbresearch.org

Who is the CEO of Foundation For Biomedical Research?

Matthew R Bailey is the Vice Chair of Foundation For Biomedical Research.


Official website here: www.fbresearch.org

What is the revenue of Foundation For Biomedical Research?

Foundation For Biomedical Research's revenue in 2022 was $3,400,871.


Official website here: www.fbresearch.org

Who are the executives of Foundation For Biomedical Research and what are their salaries?

The average compensation at Foundation For Biomedical Research during 2022 was $203,148. There are 2 employees at Foundation For Biomedical Research.

Here are 12 key members and their salaries:

    Matthew Bailey (President)
  • Compensation: $139,500
  • Related: $0
  • Other: $0

    • James Allan (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lenore Cooney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Friedman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Vandewoude (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atul Grover (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Kutzberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John E Niederhuber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur Rubenstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Scheman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oswald Steward (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark W Hamrick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fbresearch.org

    Where can I find the form 990 for Foundation For Biomedical Research?

    The Foundation For Biomedical Research’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fbresearch.org

    Learn more at the official website: www.fbresearch.org

    Mission Statement of Foundation For Biomedical Research

    The Foundation for Biomedical Research is committed to fulfilling a significant mission. This mission involves the creation and dissemination of educational materials aimed at various audiences, including the general public, the media, students, and the research community. The primary objective of these materials is to highlight the indispensable role that humane and responsible animal research plays in the ongoing progress of medical advancements.

    By adopting this mission, the Foundation serves as a vital spokesperson for the community on the topic of animal research. It strives to promote a comprehensive understanding of this subject through various media outlets. This proactive approach helps to bridge the gap between public perception and the reality of the role animal research plays in driving medical progress. By taking on this mission, the Foundation for Biomedical Research contributes significantly to the advancement of medical knowledge, ultimately benefitting humanity as a whole.

    Impact

    This information is meant to be a general summary of Foundation For Biomedical Research. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Foundation for Biomedical Research's impact lies in creating and disseminating educational materials that highlight the essential role humane and responsible animal research plays in medical progress. By serving as a spokesperson for the community on animal research through various media outlets, the foundation promotes public understanding and awareness of the importance of this type of research. Through their efforts, they contribute to fostering a deeper appreciation for the critical role that animal research plays in advancing medical knowledge and improving healthcare outcomes.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,889,136
  • Program Service Revenue: $0
  • Gross Receipts: $16,109,112

    • Assets and Liabilities:
  • Total Assets: $17,068,301
  • Total Liabilities: $289,309
  • Net Assets: $16,778,992
  • Organization Details

    Founding Year

    1981

    Principal Officer

    Matthew R Bailey

    Main Address

    1909 K STREET NW 300, WASHINGTON, DC, 20006

    NTEE Category

    Code: H92Z - Medical research

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