Overview
What is American Foundation For Biological Research?
The American Foundation for Biological Research, established in 1948 and primarily incorporated in Illinois, is a nonprofit organization with a strong focus on infectious disease-related research. Based in Rockville, Maryland, this organization operates under the name Biomedical Research Institute. Its core activities involve advancing research in areas like Acquired Immunodeficiency Syndrome (AIDS) and other clinically significant diseases through its biorepository facilities. Additionally, the foundation provides essential resources for scholars investigating Schistosomiasis, a major tropical disease affecting hundreds of millions worldwide. Schistosomiasis, a significant focus for over three decades at the foundation, is predominantly prevalent in sub-Saharan Africa, South America, and rural Asia. The foundation supplies life cycle stages of Schistosoma parasites to domestic and international laboratories, primarily through contracts with the National Institutes of Health.
Official website here: www.afbr-bri.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56%, One-Star out of Four Star rating.
The American Foundation For Biological Research has received a low overall rating of 56%, which indicates significant concerns regarding its financial health and operational transparency. While the organization excels in accountability with a fully independent board and robust oversight mechanisms, it struggles with critical financial metrics which detract from its overall performance.
Strengths of the organization include a high percentage of independent board members and compliance with various governance policies such as conflict of interest and whistleblower protocols. The audit and oversight committee appears to function effectively, ensuring that there is no material diversion of assets, which reflects positively on the charity’s integrity.
However, the charity's limitations are evident in its low program expense ratio and liabilities to assets ratio, indicating potential financial instability and inefficiency in fund allocation towards its core mission. Additionally, the absence of tax forms on the nonprofit's website raises transparency concerns, which could affect donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is American Foundation For Biological Research legitimate?
American Foundation For Biological Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Foundation For Biological 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: $487,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,106,085
For more financial information, click here
Official website here: www.afbr-bri.org
What is the mission statement of American Foundation For Biological Research?
The American Foundation for Biological Research, established in 1948, is a non-profit organization with a primary focus on advancing and conducting infectious disease-related research. With a significant emphasis on cryobiology and tropical disease research, the foundation has made Schistosomiasis, a tropical disease affecting millions in Sub-Saharan Africa, South America, and parts of Asia, a major focus for over three decades. The foundation provides life cycle stages of Schistosoma parasites to domestic and international laboratories, primarily through contracts with the National Institutes of Health. The organization operates two major program services, including biorepository facilities that house a cold storage biospecimen repository supporting research in acquiring biological samples.
Official website here: www.afbr-bri.org
Who is the CEO of American Foundation For Biological Research?
Edwin Ashourian is the Board Presid of American Foundation For Biological Research.
Official website here: www.afbr-bri.org
What is the revenue of American Foundation For Biological Research?
American Foundation For Biological Research's revenue in 2022 was $5,376,288.
Official website here: www.afbr-bri.org
Who are the executives of American Foundation For Biological Research and what are their salaries?
The average compensation at American Foundation For Biological Research during 2022 was $66,417. There are 24 employees at American Foundation For Biological Research.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $177,715
- Related: $0
- Other: $21,081
- Compensation: $155,105
- Related: $0
- Other: $19,499
- Compensation: $155,105
- Related: $0
- Other: $19,499
Official website here: www.afbr-bri.org
Where can I find the form 990 for American Foundation For Biological Research?
American Foundation For Biological Research's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afbr-bri.org
Learn more at the official website: www.afbr-bri.org
Mission Statement of American Foundation For Biological Research
The American Foundation for Biological Research, established in 1948, is a non-profit organization with a primary focus on advancing and conducting infectious disease-related research. With a significant emphasis on cryobiology and tropical disease research, this organization has made strides in combating Schistosomiasis, a parasitic disease prevalent in sub-Saharan Africa, South America, and parts of rural Asia. Over three decades, the foundation has played a significant role in studying Schistosomiasis, offering life cycle stages of the Schistosoma parasites to domestic and international laboratories, often through contracts with the National Institutes of Health.
In addition to its core research on Schistosomiasis, the American Foundation for Biological Research maintains two major program services. One of these services is biorepository facilities, which houses a cold storage biospecimen repository that supports various research projects. By providing essential resources, the foundation contributes to the broader scientific community, fostering advancements in the field of infectious diseases and potentially paving the way for new treatments and preventative measures.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The American Foundation for Biological Research significantly advances the understanding and treatment of infectious diseases through its focused research efforts and resource provision. It operates two major programs: a biospecimen biorepository and a Schistosomiasis Resource Center.
The biorepository maintains a cold storage facility for crucial biological samples, supporting research on diseases like Acquired Immunodeficiency Syndrome (AIDS) and other clinically significant health issues. This resource is invaluable to scientists both domestically and internationally, facilitating critical advancements in medical research.
In addition, the Schistosomiasis Resource Center plays a vital role in addressing a major tropical disease that impacts hundreds of millions globally. The Foundation not only produces and distributes life cycle stages of Schistosoma parasites but also focuses on education and training to enhance global research capabilities. This dual approach of providing both materials and knowledge empowers scientists in their quest to combat schistosomiasis and other infectious diseases, solidifying the Foundation's impact on global health initiatives.
This information is meant to be a general summary of American Foundation For Biological 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $254,279
- Program Service Revenue: $140,223
- Gross Receipts: $6,489,358
Assets and Liabilities:
- Total Assets: $18,605,156
- Total Liabilities: $9,237,549
- Net Assets: $9,367,607
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$140,223
Organization Details
Founding Year
1956
Phone
(301) 881-3300Principal Officer
Edwin Ashourian
Main Address
9410 KEY WEST AVENUE, ROCKVILLE, MD, 20850
Website
www.afbr-bri.orgNTEE Category
Code: H90 - Medical research
If you are a representative of American Foundation For Biological Research and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.