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Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc

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

EIN: 300773387 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

Hansjorg Wyss Institute for Biologically Inspired Engineering at Harvard University is a nonprofit organization dedicated to uncovering the engineering principles found in nature and applying these insights to develop innovative, biologically-inspired materials and devices. By conducting research and inventions in the life sciences and engineering, this supporting organization of Harvard College aims to revolutionize healthcare and contribute to a more sustainable world.


Official website here: www.wyss.harvard.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The Hansjorg Wyss Institute for Biologically Inspired Engineering has achieved a high rating of 92% from Charity Navigator, indicative of strong accountability and financial health. The rating reflects that the organization is committed to transparency and ethical practices, with an independent board comprising 66% of its members and robust policies in place for conflict of interest, whistleblowing, and document retention.

The institute excels in financial management, with a program expense ratio of 82.05%, meaning a substantial portion of its budget is dedicated directly to their initiatives. Additionally, it boasts a remarkable fundraising efficiency ratio of $0.00, suggesting that the organization does not incur significant costs in fundraising relative to its income, which is a positive sign for donors looking for effective use of their contributions.

Despite these strengths, the organization has a liabilities to assets ratio of 36.50%, which, while manageable, could indicate moderate financial risk if not monitored closely. Overall, the Hansjorg Wyss Institute demonstrates a solid operational foundation, making it a trustworthy choice for potential donors.


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

What do the Facebook reviews say about Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

88% of 33 reviewers on Facebook recommend the Hansjorg Wyss Institute For Biologically Inspired Engineering at Harvard University. Here’s a summary of what they are saying:

Many reviewers express appreciation for the innovative approaches and technologies being explored by the institute, particularly in the realm of medical diagnostics and their potential applications in sports. The institute seems to hold promise in bridging gaps within the medical community, especially in professional athletics, where cutting-edge solutions could enhance performance and health management.

Overall, the sentiment surrounding the institute is positive, with users acknowledging its commitment to integrating overlooked technologies into mainstream medical practices. The enthusiasm for the potential impact of the institute's work suggests that it is delivering meaningful contributions to its field.


This AI summary has been generated from reviews found on Facebook.

Is Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc legitimate?

Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wyss.harvard.edu

What is the mission statement of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

The Hansjorg Wyss Institute for Biologically Inspired Engineering at Harvard University is a research organization with a mission to uncover the engineering principles found in nature and apply these discoveries to create innovative, biologically-inspired materials and devices. By harnessing these insights, they aim to make groundbreaking advancements in healthcare and contribute to a more sustainable world. Through their research and inventions in the life sciences and engineering, they strive to revolutionize various sectors and improve overall well-being.


Official website here: www.wyss.harvard.edu

Who is the CEO of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

Donald E Ingber is the Principal Officer of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc.


Official website here: www.wyss.harvard.edu

What is the revenue of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc's revenue in 2022 was $48,462,213.


Official website here: www.wyss.harvard.edu

Who are the executives of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc and what are their salaries?


Here are 27 key members and their salaries:


Srikant Datar (Director)
  • Compensation: $0
  • Related: $841,638
  • Other: $174,206
Alan Garber (Director)
  • Compensation: $0
  • Related: $731,497
  • Other: $214,662
George Daley (Director)
  • Compensation: $0
  • Related: $893,188
  • Other: $36,951
Katherine Lapp (Director)
  • Compensation: $0
  • Related: $736,446
  • Other: $47,393
Ayis Antoniou (Former Treasurer/Admin Dir.)
  • Compensation: $0
  • Related: $738,437
  • Other: $40,208
Francis Doyle (Director)
  • Compensation: $0
  • Related: $637,024
  • Other: $66,429
Donald Ingber (President)
  • Compensation: $0
  • Related: $600,496
  • Other: $61,286
Margaret Newell (Director)
  • Compensation: $0
  • Related: $535,606
  • Other: $46,954
Angelika Fretzen (Coo/Tech Trans. Dir.)
  • Compensation: $0
  • Related: $448,279
  • Other: $46,615
John Shaw (Director)
  • Compensation: $0
  • Related: $356,854
  • Other: $64,761
Richard Mccullough (Director)
  • Compensation: $0
  • Related: $313,133
  • Other: $52,529
Julie Faber (Clerk)
  • Compensation: $0
  • Related: $317,718
  • Other: $36,572
Paul Resnick (Sr Dir. Of Business Dev.)
  • Compensation: $0
  • Related: $248,500
  • Other: $57,721
Michael Super (Lead Staff Scientist Ii)
  • Compensation: $0
  • Related: $232,292
  • Other: $57,227
James Gorman (Sr. Director, Trans. R&D)
  • Compensation: $0
  • Related: $232,934
  • Other: $55,425
Kenneth Carlson (Senior Principal Scientist)
  • Compensation: $0
  • Related: $248,212
  • Other: $29,795
Matthew Makarewicz (Treasurer/Sr.Dir. Of Finance)
  • Compensation: $0
  • Related: $199,538
  • Other: $55,278
Astrid King (Dr. Of Finance & Controller)
  • Compensation: $0
  • Related: $231,578
  • Other: $11,914
Robert Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hansjorg Wyss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Fenwick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Lutchen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norbert Haas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Mcusic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wyss.harvard.edu

Where can I find the form 990 for Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc?

Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wyss.harvard.edu

Learn more at the official website: www.wyss.harvard.edu

Mission Statement of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc

The Hansjorg Wyss Institute for Biologically Inspired Engineering at Harvard University Inc is a research organization dedicated to uncovering the engineering principles that underpin the intricate structures and functions of living organisms. By employing these discoveries, the Institute strives to develop innovative, biologically inspired materials and devices that could revolutionize healthcare and contribute to a more sustainable world.

In the pursuit of its mission, the Hansjorg Wyss Institute delves into the depths of nature's design, studying the intricate mechanisms that govern the growth and functioning of various living systems. The Institute's researchers translate these insights into practical applications, resulting in groundbreaking solutions to some of the most pressing challenges in healthcare and beyond.

The Institute's work revolves around the exploration of biological systems and the application of engineering principles to create advanced, life-improving technologies. Its research spans a wide range of areas, from biomechanics and materials science to synthetic biology and robotics, all aimed at fostering a deeper understanding of nature and the development of transformative solutions to complex issues.

By combining the expertise of engineers, scientists, and physicians, the Hansjorg Wyss Institute fosters a unique interdisciplinary environment that encourages collaboration and innovation. Its researchers seek to bridge the gap between the seemingly disparate worlds of biology and engineering, unlocking new possibilities for the benefit of humanity and the environment. By harnessing the power of nature's design and applying engineering principles, the Institute aims to create a lasting impact on healthcare and pave the way for a more sustainable future.

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Impact




October, 2024

The Hansjorg Wyss Institute for Biologically Inspired Engineering at Harvard University has a significant impact on healthcare and sustainability through its innovative research and development. By uncovering the engineering principles that Nature employs in constructing living organisms, the Institute translates these natural insights into biologically inspired materials and devices. This pioneering approach aims to revolutionize medical treatments and technologies, leading to breakthroughs that improve patient outcomes and enhance the efficiency of healthcare systems.

Additionally, the Institute's work contributes to creating a more sustainable world by promoting environmentally friendly practices and materials. By leveraging Nature's solutions, the Wyss Institute frames a new paradigm in engineering and design that prioritizes both human health and ecological balance. Through its educational initiatives and collaborative research efforts, the Institute cultivates a community of innovators and thought leaders in the life sciences and engineering fields, driving forward the frontiers of scientific knowledge and practical application.




This information is meant to be a general summary of Hansjorg Wyss Institute For Biologically Inspired Engineering At Harvard Univ Inc. 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
$48,462,213 (2022)
Expenses
$73,057,969 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,941,486
  • Program Service Revenue: $528,000
  • Gross Receipts: $48,543,181

Assets and Liabilities:

  • Total Assets: $165,782,005
  • Total Liabilities: $48,636,079
  • Net Assets: $117,145,926

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Programs

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

MGMT SERVICE FEE

Revenue

$250,000

MEMBERSHIP FEES

Revenue

$278,000

Organization Details

Founding Year

2013

Principal Officer

Donald E Ingber

Main Address

CLSB 5th Floor 3 Blackfan Circle, Boston, MA, 02115

NTEE Category

Code: B11 - Education

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