Overview
What is Sanford Consortium For Regenerative Medicine?
The Sanford Consortium for Regenerative Medicine is a collaborative nonprofit organization based in La Jolla, California. Established by five prominent life science research institutions – La Jolla Institute for Allergy and Immunology, Salk Institute for Biological Studies, Sanford Burnham Prebys Medical Discovery Institute, Scripps Research, and the University of California, San Diego – the Consortium aims to further the field of stem cell research. By facilitating inter-organizational collaboration among scientists employed by these institutions, the Consortium seeks to uncover transformative discoveries and medical advancements in the fight against various complex diseases, such as Alzheimer's, cancer, diabetes, heart disease, Parkinson's, and spinal cord injuries. The Consortium's research efforts have contributed significantly to the international stem cell research community, expanding the existing body of knowledge in this field. With a team of approximately 2 dedicated individuals, the Sanford Consortium is at the forefront of regenerative medicine research, dedicated to unlocking the potential of stem cells to develop treatments and cures for numerous debilitating diseases.
Official website here: www.sanfordconsortium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Sanford Consortium For Regenerative Medicine has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong emphasis on accountability and financial health. The organization scored 95% in Accountability & Finance, indicating that it meets high standards for transparency and responsible spending. This strong score demonstrates the nonprofit's commitment to maintaining trust with its stakeholders and efficiently utilizing its resources for its mission.
The consortium's governance structure is commendable, with 90% of its board members being independent, ensuring effective oversight and decision-making. The organization has established a comprehensive framework of policies, including conflict of interest and whistleblower protections, which further enhances its accountability. All required financial documents are readily accessible on its website, affirming its commitment to transparency.
However, while the organization performs well in many areas, its liabilities-to-assets ratio of 56.40% indicates that there may be room for improvement in financial stability. Despite this, the program expense ratio of 92.18% highlights a strong focus on directing funds towards its primary programs, a positive indicator of its operational efficiency. Overall, the Sanford Consortium For Regenerative Medicine demonstrates robust performance and reliability in its financial and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Sanford Consortium For Regenerative Medicine legitimate?
Sanford Consortium For Regenerative Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanford Consortium For Regenerative Medicine 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: $353,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,932
For more financial information, click here
Official website here: www.sanfordconsortium.org
What is the mission statement of Sanford Consortium For Regenerative Medicine?
The Sanford Consortium for Regenerative Medicine, a collaboration among five distinguished life science research institutions, facilitates inter-organizational, collaborative stem cell and other biomedical research among scientists employed by the supported organizations. This collaboration enables renowned scientists with expertise in stem cell and regenerative medicine research to collaborate, seeking transformative discoveries and breakthrough medical advances. In 2022, scientists from the Sanford Consortium's five member institutions continued their research into harnessing the regenerative powers of stem cells to discover treatments and cures for several challenging diseases, such as Alzheimer's, cancer, diabetes, heart disease, Parkinson's, and spinal cord injuries. Their published research advances the knowledge base available to the international community of stem cell researchers.
Official website here: www.sanfordconsortium.org
What is the revenue of Sanford Consortium For Regenerative Medicine?
Sanford Consortium For Regenerative Medicine's revenue in 2023 was $8,456,130.
Official website here: www.sanfordconsortium.org
Who are the executives of Sanford Consortium For Regenerative Medicine and what are their salaries?
The average compensation at Sanford Consortium For Regenerative Medicine during 2023 was $201,686. There are 2 employees and 13 volunteers at Sanford Consortium For Regenerative Medicine.
Here are 15 key members and their salaries:
- Compensation: $307,000
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- Other: $5,655
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- Other: $6,015
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Official website here: www.sanfordconsortium.org
Where can I find the form 990 for Sanford Consortium For Regenerative Medicine?
Sanford Consortium For Regenerative Medicine's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sanfordconsortium.org
Learn more at the official website: www.sanfordconsortium.org
Mission Statement of Sanford Consortium For Regenerative Medicine
The Sanford Consortium for Regenerative Medicine serves as a collaborative platform for renowned scientists specializing in stem cell and regenerative medicine research across five distinguished life science research institutions. This collaboration, comprising the La Jolla Institute for Allergy and Immunology, Salk Institute for Biological Studies, Sanford Burnham Prebys Medical Discovery Institute, Scripps Research, and the University of California, San Diego, aims to foster transformative discoveries and groundbreaking medical advancements. By pooling their expertise and resources, these scientists strive to uncover treatments and cures for several challenging diseases, such as Alzheimer's, cancer, diabetes, heart disease, Parkinson's disease, and spinal cord injuries. The published research led by Consortium scientists has significantly expanded the body of knowledge accessible to the global community of stem cell researchers, contributing to the collective pursuit of innovative therapies.
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Impact
October, 2024
The Sanford Consortium for Regenerative Medicine significantly impacts the field of biomedical research by fostering collaboration among leading institutions such as the La Jolla Institute for Allergy and Immunology, Salk Institute for Biological Studies, Sanford Burnham Prebys Medical Discovery Institute, Scripps Research, and the University of California, San Diego. This collaborative environment enables scientists to focus on harnessing the regenerative potential of stem cells to develop treatments and cures for complex diseases, including Alzheimer's, cancer, diabetes, heart disease, Parkinson's, and spinal cord injuries.
In 2022, research conducted by the consortium's member institutions contributed valuable findings that expanded the global knowledge base in stem cell research. This not only advances scientific understanding but also enhances opportunities for transformative discoveries that could lead to breakthrough medical advances. By bringing together renowned experts in regenerative medicine, the consortium plays a crucial role in propelling innovative research and facilitating the sharing of ideas and techniques, ultimately benefiting the international community of researchers and patients alike.
This information is meant to be a general summary of Sanford Consortium For Regenerative Medicine. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $164,252
- Program Service Revenue: $8,244,760
- Gross Receipts: $8,456,130
Assets and Liabilities:
- Total Assets: $87,301,636
- Total Liabilities: $49,867,759
- Net Assets: $37,433,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSE FEES
Revenue
$7,953,172
MISCELLANEOUS REVENUE
Revenue
$284,900
EXPENSE REIMBURSEMENT
Revenue
$6,688
Organization Details
Founding Year
2006
Principal Officer
Edward W Holmes
Website
www.sanfordconsortium.orgNTEE Category
Code: H05 - Medical research
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