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Metis Foundation

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

EIN: 472219464 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Metis Foundation?

The Metis Foundation, situated in San Antonio, Texas, is a nonprofit organization that primarily focuses on medical research, particularly within the Department of Defense. Their mission is to facilitate collaboration among government, academic, and industrial entities, offering both financial and project management support for federally and privately funded research and clinical trials. The Metis Foundation's main area of interest is cardiovascular diseases, employing a multidisciplinary approach to prevent and mitigate their impact on various military cohorts. This approach integrates expertise from fields such as cardiology, pharmacology, psychology, and metabolic disorders, ultimately aiming to enhance readiness, lower healthcare costs, and prevent cardiovascular morbidity in later life. With a workforce of 43 individuals, the Metis Foundation plays a significant role in advancing clinically relevant medical research.


Official website here: www.metisfoundation.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 81% (Three-Star out of Four Stars)**

The Metis Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is based entirely on the foundation's performance in financial matters, specifically scoring an impressive 81% for Accountability & Finance. This includes excellent governance practices, as evidenced by fully independent board members and adherence to conflict of interest policies.

The organization demonstrates strengths in financial oversight, with high scores for its program expense ratio and the existence of various governance policies. However, there are some limitations noted, particularly concerning the liabilities to assets ratio, which has impacted overall financial scoring. Additionally, elements like Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently assessed in the rating.

Unfortunately, user reviews from GreatNonprofits are not available, so feedback on donor and beneficiary experiences cannot be summarized. Overall, the Metis Foundation appears to be committed to strong financial practices and governance, although there are areas where further evaluation could enhance understanding of its overall impact and effectiveness in the community.


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

Is Metis Foundation legitimate?

Metis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metis Foundation 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: $6,143,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.metisfoundation.org

What is the mission statement of Metis Foundation?

The Metis Foundation is committed to promoting clinically significant medical research, with a particular focus on the Department of Defense. Their mission is to encourage collaboration among government, academic, and industrial entities. They accomplish this by offering scientific, educational, financial, and project management assistance during the execution of federally and privately funded research, clinical trials, and educational programs. The goal is to advance medical knowledge and improve healthcare outcomes.


Official website here: www.metisfoundation.org

Who is the CEO of Metis Foundation?

Prabh Grewal Dds is the Chair, Board Member of Metis Foundation.


Official website here: www.metisfoundation.org

What is the revenue of Metis Foundation?

Metis Foundation's revenue in 2022 was $10,187,777.


Official website here: www.metisfoundation.org

Who are the executives of Metis Foundation and what are their salaries?

The average compensation at Metis Foundation during 2022 was $142,883. There are 43 employees at Metis Foundation.


Here are 7 key members and their salaries:


Rodney Chan (Chair, Board Member)
  • Compensation: $395,804
  • Related: $0
  • Other: $0
Anders Carlsson Phd (Board Member)
  • Compensation: $137,940
  • Related: $0
  • Other: $0
Prabh Grewal Dds (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachelle Mainard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Bramblett (Employee)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Elof Eriksson (Employee)
  • Compensation: $100,711
  • Related: $0
  • Other: $0


Official website here: www.metisfoundation.org

Where can I find the form 990 for Metis Foundation?

Metis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.metisfoundation.org

Learn more at the official website: www.metisfoundation.org

Mission Statement of Metis Foundation

The Metis Foundation, a distinguished organization, is committed to promoting clinically significant medical research, with a particular focus on the Department of Defense. It strives to encourage cooperation among various entities, including governmental bodies, academic institutions, and private industries. The foundation fulfills this mission by offering comprehensive support in the form of scientific advice, education, financial resources, and project management during the execution of federally and privately funded research projects, clinical trials, and educational programs. By doing so, the Metis Foundation aims to facilitate collaborative efforts within the medical research field.

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Impact




July, 2024

The Metis Foundation's impact lies in advancing clinically relevant medical research, particularly within the Department of Defense. By fostering collaboration among government, academic, and industry entities, the organization provides scientific, educational, financial, and project management support for federally and privately sponsored research, clinical trials, and education. The foundation's initiatives, such as the Military Cardiovascular Outcomes Research Program, aim to define best practices for preventing and mitigating cardiovascular disease in the military. Through a multidisciplinary approach involving expertise in cardiology, pharmacology, psychology, and metabolic disorders, the foundation works towards increasing readiness, reducing health costs, and preventing cardiovascular morbidity among various military cohorts.




This information is meant to be a general summary of Metis Foundation. 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
$10,187,777 (2022)
Expenses
$9,945,566 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $10,187,777

Assets and Liabilities:

  • Total Assets: $2,752,682
  • Total Liabilities: $1,970,608
  • Net Assets: $782,074

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Organization Details

Founding Year

2014

Principal Officer

Prabh Grewal Dds

Main Address

84 NE LOOP 410, SAN ANTONIO, TX, 78216

NTEE Category

Code: H05 - Medical research

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