Overview
What is Life Sciences Research Foundation?
The Life Sciences Research Foundation is a nonprofit organization situated in Charlotte, North Carolina, specifically at 3020-I Prosperity Church Road 267. Its primary mission is to advance basic research in the biological sciences. To accomplish this, the foundation provides postdoctoral fellowships to qualified scientists. These fellowships are awarded following a rigorous peer review process, ensuring that the chosen scientists possess the necessary skills and expertise to contribute significantly to the field. The fellowships are offered at various institutions, fostering a collaborative environment for scientific discovery and innovation.
Official website here: www.lsrf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Life Sciences Research Foundation receives a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in having a fully independent board and demonstrates a strong commitment to transparency, with no material diversion of assets and thorough distribution of tax forms to board members.
Strengths highlighted include a high program expense ratio of 96.51%, indicating that a significant portion of its funding is directed towards its core mission. However, the foundation struggles with fundraising efficiency, reflected in a low score of $0.002, which may suggest challenges in generating contributions relative to expenses. The organization’s liabilities to assets ratio of 51.22% may also warrant further scrutiny, as it indicates a notable level of liabilities in relation to its assets.
Overall, while the Life Sciences Research Foundation demonstrates strong governance and a commitment to its programs, its fundraising strategies may need improvement to enhance financial sustainability and better support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Life Sciences Research Foundation legitimate?
Life Sciences Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Sciences Research 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: $128,070
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lsrf.org
What is the mission statement of Life Sciences Research Foundation?
The Life Sciences Research Foundation's mission is centered around funding fundamental research in the biological sciences. They accomplish this by providing postdoctoral fellowships to qualified scientists, selected through a rigorous peer review process. The foundation's primary objective is to support basic research at various institutions, aiming to foster discoveries and advancements in the field. By awarding these fellowships, the Life Sciences Research Foundation contributes to the expansion of scientific knowledge and the betterment of our understanding of biological processes.
Official website here: www.lsrf.org
Who is the CEO of Life Sciences Research Foundation?
Susan Davidson is the Executive Director of Life Sciences Research Foundation.
Official website here: www.lsrf.org
What is the revenue of Life Sciences Research Foundation?
Life Sciences Research Foundation's revenue in 2023 was $3,574,286.
Official website here: www.lsrf.org
Who are the executives of Life Sciences Research Foundation and what are their salaries?
Here are 28 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $13,650
- 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: $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: $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: $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
Official website here: www.lsrf.org
Where can I find the form 990 for Life Sciences Research Foundation?
Life Sciences Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lsrf.org
Learn more at the official website: www.lsrf.org
Mission Statement of Life Sciences Research Foundation
The Life Sciences Research Foundation is dedicated to supporting the advancement of basic research in the biological sciences. To achieve this goal, the foundation awards postdoctoral fellowships to qualified scientists. Their mission is to fund essential research at various institutions, with the aim of fostering innovation and scientific discovery in the biological sciences field. The foundation's peer review committee plays a crucial role in selecting the scientists who will receive these fellowships, ensuring that the most promising researchers have the opportunity to further their work and contribute to the broader scientific community.
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
July, 2024
The Life Sciences Research Foundation has a significant impact on advancing basic research in the biological sciences through its postdoctoral fellowships. By funding these fellowships, the foundation supports qualified scientists in conducting cutting-edge research at various institutions. This support helps to drive innovation, discovery, and progress in the field of biological sciences. Overall, the foundation's impact is instrumental in furthering medical research and advancing our understanding of the natural world.
This information is meant to be a general summary of Life Sciences Research 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $53,156
- Gross Receipts: $3,955,342
Assets and Liabilities:
- Total Assets: $3,558,416
- Total Liabilities: $1,822,974
- Net Assets: $1,735,442
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(980) 616-0551Principal Officer
Susan Davidson
Main Address
3020-I PROSPERITY CHURCH ROAD 267, CHARLOTTE, NC, 28269
Website
www.lsrf.orgNTEE Category
Code: H90 - Medical research
If you are a representative of Life Sciences Research Foundation 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.