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Whitehead Institute For Biomedical Research

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

EIN: 061043412 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Whitehead Institute For Biomedical Research?

The Whitehead Institute for Biomedical Research is an independent, nonprofit research institution located in Cambridge, Massachusetts. Established in 1981, its mission is to expand human knowledge in the biomedical and other scientific fields, with the ultimate goal of improving health and well-being. Research at the Institute focuses on basic biological processes, primarily from a molecular or cellular perspective. Areas of research include cancer, neurodegenerative diseases, regenerative biology, immunology, and genetics. The Institute's faculty, known as the Institute Faculty, holds joint appointments at the Institute and the Massachusetts Institute of Technology (MIT). Renowned scientists make up the Institute Faculty, with two National Medal of Science recipients, five Howard Hughes Medical Institute Investigators, nine members of the National Academy of Sciences, and six members of the National Academy of Medicine. For over three decades, the Institute has been committed to science education and outreach, offering programs to enhance science teaching and learning for the community. These programs range from lectures and workshops for teachers and students to special events for non-scientists. The Institute employs around 360 people.


Official website here: www.wi.mit.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

The Whitehead Institute for Biomedical Research has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a fully independent board and has successfully implemented thorough financial oversight measures, contributing to its high credibility and trustworthiness among donors and stakeholders.

With a program expense ratio of 82.79%, the majority of its funds are directed towards its core mission of biomedical research, ensuring that resources are effectively utilized to advance scientific knowledge and innovation. The organization maintains transparency with policies in place for conflict of interest, whistleblowing, and document retention, further enhancing its operational integrity.

No significant limitations or concerns have been noted in the data, indicating that the Whitehead Institute operates with a high level of accountability and demonstrates a strong commitment to its mission and values. This solid foundation makes it a reputable choice for potential donors looking to support biomedical research initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Whitehead Institute For Biomedical Research legitimate?

Whitehead Institute For Biomedical Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whitehead Institute 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,969,640
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,912,758

For more financial information, click here


Official website here: www.wi.mit.edu

What is the mission statement of Whitehead Institute For Biomedical Research?

The Whitehead Institute for Biomedical Research is a nonprofit institute dedicated to making groundbreaking discoveries in the fundamental principles of life. Through its advanced research in genetics and genomics, the institute is tackling the complexities of life with unprecedented depth and breadth. The institute, which focuses on basic biological processes primarily from a molecular or cellular perspective, conducts research in several areas including cancer, neurodegenerative diseases, regenerative biology, immunology, and genetics. The research is led by principal investigators who hold joint appointments with the institute and the Massachusetts Institute of Technology (MIT). The institute faculty includes renowned scientists, with two recipients of the National Medal of Science, five Howard Hughes Medical Institute investigators, nine members of the National Academy of Sciences, and six members of the National Academy of Medicine. The institute has maintained a commitment to science education and outreach for over three decades. It offers various programs to enhance science teaching and learning for the community, including seminar series, lectures, workshops, and hands-on activities for educators and students.


Official website here: www.wi.mit.edu

Who is the CEO of Whitehead Institute For Biomedical Research?

Dr Ruth Lehmann is the Director/President of Whitehead Institute For Biomedical Research.


Official website here: www.wi.mit.edu

What is the revenue of Whitehead Institute For Biomedical Research?

Whitehead Institute For Biomedical Research's revenue in 2022 was $110,885,074.


Official website here: www.wi.mit.edu

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

The average compensation at Whitehead Institute For Biomedical Research during 2022 was $69,118. There are 360 employees and 15 volunteers at Whitehead Institute For Biomedical Research.


Here are 26 key members and their salaries:


Dr Ruth Lehmann (Director/President)
  • Compensation: $946,997
  • Related: $0
  • Other: $42,725
Mr Martin Mullins (Vice President)
  • Compensation: $500,018
  • Related: $0
  • Other: $42,225
Ms Sharon Stanczak (Vice President & Secretary)
  • Compensation: $397,802
  • Related: $0
  • Other: $57,674
Dr Rudolf Jaenisch (Member (Faculty))
  • Compensation: $351,376
  • Related: $0
  • Other: $54,800
Dr Robert Weinberg (Member (Faculty))
  • Compensation: $329,593
  • Related: $0
  • Other: $54,500
Dr Richard Young (Member (Faculty))
  • Compensation: $309,056
  • Related: $0
  • Other: $62,646
Dr Harvey Lodish (Member (Faculty))
  • Compensation: $287,145
  • Related: $0
  • Other: $56,466
Ms Julia Fantasia (Cfo & Treasurer)
  • Compensation: $273,385
  • Related: $0
  • Other: $54,620
Dr Iain Cheeseman (Member (Faculty))
  • Compensation: $260,482
  • Related: $0
  • Other: $59,573
Monica Gerber (Secretary (Former))
  • Compensation: $122,937
  • Related: $0
  • Other: $22,070
Mr Mark Poirot-Colleary (Asst Secretary)
  • Compensation: $71,288
  • Related: $0
  • Other: $28,262
Ms Susan Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Brit D'Arbeloff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jonathan Goldstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Langer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Lapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Phillip Sharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Peter Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Satcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Paul Joskow (Director/Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Churchill Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Susan Hockfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Sarah Williamson (Director/Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dennis Langer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Seth Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kevin Churchwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wi.mit.edu

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

Whitehead Institute For Biomedical Research's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wi.mit.edu

Learn more at the official website: www.wi.mit.edu

Mission Statement of Whitehead Institute For Biomedical Research

Whitehead Institute for Biomedical Research is a renowned non-profit research organization, dedicated to making groundbreaking discoveries into the fundamental principles of life. This institute pushes the boundaries of science, unlocking potential for future advancements in the fields of genetics and genomics. With a focus on basic biological processes, primarily investigated from a molecular or cellular perspective, Whitehead Institute conducts research in several areas including cancer, neurodegenerative diseases, regenerative biology, immunology, and genetics.

Under the leadership of principal investigators who hold joint appointments to the Institute and Massachusetts Institute of Technology (MIT), the Institute Faculty consists of distinguished scientists. The faculty includes two National Medal of Science recipients, five Howard Hughes Medical Institute Investigators, nine members of the National Academy of Sciences, and six members of the National Academy of Medicine. For over three decades, Whitehead Institute has remained committed to science education and outreach, offering programs to enhance science teaching and learning for the community.

Whitehead Institute's educational programs range from lectures and workshops for teachers and students to special events for non-scientists. These initiatives provide participants with first-hand exposure to cutting-edge research. Among these programs is the Seminar Series for High School Teachers, a monthly event where educators explore topics at the forefront of biomedical research. Another offering is the Spring Lecture Series for High School Students, which features lectures from leading scientific experts, hands-on laboratory demonstrations, visits to local biotechnology companies, and interactions with young Whitehead Institute scientists.

Additionally, Whitehead Institute offers immersive, week-long programs for middle school students, featuring hands-on activities, classroom lessons, and interactions with scientists. These Science Weeks for Middle School Students are held during the summer months, offering younger students an engaging and educational experience. Through public program collaborations, Whitehead Institute regularly partners with various research institutions and biotechnology organizations to coordinate educational programming for high school students, teachers, and scientists. These partnerships expand the reach of the Institute's educational initiatives, allowing more individuals to benefit from the knowledge and expertise of Whitehead Institute's world-class researchers.

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Impact




August, 2024

Whitehead Institute For Biomedical Research is a pioneering research institution located in Cambridge, Massachusetts. It is dedicated to making paradigm-shifting insights into the fundamental principles of life, focusing on basic biological processes primarily from a molecular or cellular perspective. The research conducted at the Institute covers various areas such as cancer, neurodegenerative diseases, regenerative biology, immunology, and genetics.

Under the leadership of renowned Principal Investigators with joint appointments to the faculties of the Institute and Massachusetts Institute of Technology (MIT), the Institute has made significant contributions to the fields of biomedical research. Members of the Institute faculty include recipients of the National Medal of Science, Howard Hughes Medical Institute Investigators, and members of the National Academy of Sciences and the National Academy of Medicine.

For over three decades, Whitehead Institute has been committed to science education and outreach, offering programs to enhance science teaching and learning for the community. These programs include seminar series for high school teachers, spring lecture series for high school students, science weeks for middle school students, and collaborations with other research institutions and biotechnology organizations for educational programming.

With its mission to forge new frontiers in science and uncover insights that unlock the potential of tomorrow, Whitehead Institute's impact on medical research and fundamental scientific knowledge is profound and continues to inspire innovation in the field.




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


Financials

This financial information is from Propublica.

Revenue
$110,885,074 (2022)
Expenses
$110,235,410 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,522,999
  • Program Service Revenue: $1,477,822
  • Gross Receipts: $189,804,695

Assets and Liabilities:

  • Total Assets: $806,821,986
  • Total Liabilities: $130,465,365
  • Net Assets: $676,356,621

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SCIENTIFIC SERVICES

Revenue

$1,477,822

Organization Details

Founding Year

1981

Principal Officer

Dr Ruth Lehmann

Main Address

455 MAIN STREET, CAMBRIDGE, MA, 021421479

NTEE Category

Code: H92 - Medical research

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