Overview
What is The Wistar Institute Of Anatomy And Biology?
The Wistar Institute of Anatomy and Biology, located in Philadelphia, Pennsylvania, is a renowned nonprofit research organization known for its collaborative approach to advancing new discoveries in biomedical research, particularly in the fields of cancer and immunology. Established in the 1930s, this prestigious institute houses two main research centers: the Wistar Institute Cancer Center and the Vaccine & Immunotherapy Center. The institute offers its scientists access to advanced technological support and state-of-the-art instrumentation, contributing to significant, cutting-edge insights into the underlying mechanisms of diseases. Wistar researchers have a successful record in vaccine development, having led to vaccines against rubella, rabies, and rotavirus. In response to the COVID-19 pandemic, Wistar scientists are researching preventative and therapeutic solutions for SARS-CoV-2, including a vaccine currently in phase 2 clinical testing. Committed to education and training the next generation of scientists, Wistar has launched collaborations with local and international institutions to expand life science education and business development opportunities, offering a robust range of STEM-based programming to increase access for under-represented populations. With a mission to solve some of the world's most challenging problems in cancer and immunology, the Wistar Institute is dedicated to pursuing novel research paths and accelerating the impact of discoveries from bench to bedsides.
Official website here: www.wistar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Wistar Institute of Anatomy and Biology has received a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization achieved a perfect score of 100% for its independent board governance and has no material diversions of assets, which reflects a high level of integrity in its operations.
The organization's financial management practices are also commendable, with a program expense ratio of 78.41%, demonstrating that a substantial portion of its budget is allocated directly to its mission. Additionally, its fundraising efficiency is impressive at just $0.022 per dollar raised, indicating effective use of resources for fundraising activities.
Despite its strengths, the summary does not highlight any specific limitations. Overall, The Wistar Institute exemplifies strong governance and financial responsibility, making it a trustworthy choice for donors looking to support biomedical research and education.
This AI summary has been generated from information found on Charity Navigator.
Is The Wistar Institute Of Anatomy And Biology legitimate?
The Wistar Institute Of Anatomy And Biology is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wistar Institute Of Anatomy And Biology 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: $2,536,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,428,000
For more financial information, click here
Official website here: www.wistar.org
What is the mission statement of The Wistar Institute Of Anatomy And Biology?
The Wistar Institute of Anatomy and Biology is dedicated to tackling some of the world's most complex problems in the fields of cancer research and immunology. With a focus on biomedical collaboration and innovation, the institute gathers the talents of exceptional scientists to produce groundbreaking advances in world health. Reminiscent of its pioneering legacy in not-for-profit biomedical research, the Wistar Institute aims to lead by pursuing novel and courageous research paths to make significant discoveries in life science. The institute also strives to expedite the impact of these discoveries by bridging the gap between the lab and real-world applications.
Official website here: www.wistar.org
Who is the CEO of The Wistar Institute Of Anatomy And Biology?
Andrew Gamble Mba is the Trustee of The Wistar Institute Of Anatomy And Biology. The CEO's salary of The Wistar Institute Of Anatomy And Biology is $667,613 and their total compensation is $711,830.
Official website here: www.wistar.org
What is the revenue of The Wistar Institute Of Anatomy And Biology?
The Wistar Institute Of Anatomy And Biology's revenue in 2022 was $90,721,000.
Official website here: www.wistar.org
Who are the executives of The Wistar Institute Of Anatomy And Biology and what are their salaries?
The average compensation at The Wistar Institute Of Anatomy And Biology during 2022 was $57,389. There are 435 employees and 46 volunteers at The Wistar Institute Of Anatomy And Biology.
Here are 42 key members and their salaries (The Wistar Institute Of Anatomy And Biology's CEO's salary is $667,613 and their total compensation is $711,830):
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Official website here: www.wistar.org
Where can I find the form 990 for The Wistar Institute Of Anatomy And Biology?
The Wistar Institute Of Anatomy And Biology's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wistar.org
Learn more at the official website: www.wistar.org
Mission Statement of The Wistar Institute Of Anatomy And Biology
The Wistar Institute Of Anatomy And Biology, a renowned biomedical research organization, is committed to tackling some of the world's most complex and significant problems in cancer and immunology. With a rich legacy in not-for-profit biomedical research and a proven track record in immunology and cell biology, the Institute assembles exceptional scientists to collaborate and innovate.
In pursuit of groundbreaking discoveries, The Wistar Institute embraces a culture of collaboration and innovation. Its mission is to harness the talents of outstanding researchers and produce advances in world health through novel and courageous research paths. Consistent with its pioneering history, the Institute strives to shorten the gap between bench and bedside, accelerating the impact of these discoveries on the scientific community and, ultimately, human health.
The Wistar Institute's ultimate goal is to solve pressing issues in the fields of cancer and immunology. By marshaling the collective talents of its research teams, the organization aims to generate new and transformative knowledge, paving the way for breakthrough treatments and potential cures. Their relentless dedication to scientific discovery and innovation underscores their commitment to making a difference in the world of healthcare and biomedical research.
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Impact
October, 2024
The Wistar Institute of Anatomy and Biology significantly influences the landscape of biomedical research through its focused expertise in cancer research and vaccine development. Organized into two primary centers—the Wistar Institute Cancer Center and the Vaccine & Immunotherapy Center—the Institute has maintained National Cancer Institute (NCI) designation since 1972, highlighting its commitment to advancing cancer research.
Wistar scientists employ a collaborative approach, leveraging advanced technology and state-of-the-art instrumentation to explore the intricate mechanisms of disease. This teamwork has yielded innovative targeted therapies and immunotherapies that push the boundaries of current cancer treatments. The Institute’s historical contributions to vaccine development are remarkable, evidenced by successful vaccines against diseases such as rubella, rabies, and rotavirus. In response to the COVID-19 pandemic, Wistar researchers are actively engaged in developing effective preventative and therapeutic measures, currently advancing a vaccine into phase 2 clinical testing.
Beyond research, The Wistar Institute emphasizes education and workforce development by nurturing the next generation of scientists. It has established collaborations with various institutions to enhance life science education and expand career opportunities in Pennsylvania and beyond. Furthermore, Wistar is committed to increasing access to STEM education for under-represented populations, offering programs that include apprenticeships, pathways programming, and community outreach initiatives.
In essence, The Wistar Institute stands at the forefront of pivotal biomedical discoveries, striving to translate those discoveries into life-saving solutions for global health challenges.
This information is meant to be a general summary of The Wistar Institute Of Anatomy And Biology. 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 2022.
- Investment Income: $8,756,000
- Program Service Revenue: $4,982,000
- Gross Receipts: $123,019,000
Assets and Liabilities:
- Total Assets: $381,486,000
- Total Liabilities: $83,370,000
- Net Assets: $298,116,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH CONTRACT REVENUE
Revenue
$4,869,000
Organization Details
Founding Year
1892
Phone
(215) 495-6922Principal Officer
Andrew Gamble Mba
Main Address
3601 SPRUCE STREET, PHILADELPHIA, PA, 191044265
Website
www.wistar.orgNTEE Category
Code: H300 - Medical research
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