Overview
What is Diabetes Research Institute Foundation Inc?
Diabetes Research Institute Foundation Inc is a nonprofit organization dedicated to advocating for and funding various research initiatives aimed at curing diabetes. Based in Hollywood, Florida, the foundation supports studies at the Diabetes Research Institute, including clinical trials, patient care, and immune tolerance research. Notably, they have contributed to the development of alternative transplant sites for insulin-producing cells and stimulating the regeneration of pancreatic stem cells using a single FDA-approved molecule. Additionally, the foundation supports international researcher training and collaborative programs, hosts informational workshops, and advocates for increased funding for diabetes research before Congress. With a total of 34 employees, the Diabetes Research Institute Foundation Inc is committed to advancing diabetes cure research and education.
Official website here: www.diabetesresearch.org
Is Diabetes Research Institute Foundation Inc legitimate?
Diabetes Research Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diabetes Research Institute Foundation 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: $588,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,611,137
For more financial information, click here
Official website here: www.diabetesresearch.org
What is the mission statement of Diabetes Research Institute Foundation Inc?
The Diabetes Research Institute Foundation Inc's mission is centered around providing the Diabetes Research Institute with the necessary funding to accelerate research aimed at curing diabetes. Their primary goal is to support various research studies, including clinical trials, aimed at establishing immune tolerance, reversing autoimmunity, and developing an unlimited supply of insulin-producing cells. The foundation also funds international researcher training and collaborative programs to accelerate research progress. Furthermore, they advocate for increased funding for diabetes research before Congress and host informational workshops for people with diabetes and their families. Through their website, they provide the latest updates and information on diabetes research to the public.
Official website here: www.diabetesresearch.org
Who is the CEO of Diabetes Research Institute Foundation Inc?
Sean Kramer is the CEO of Diabetes Research Institute Foundation Inc The CEO's salary of Diabetes Research Institute Foundation Inc is $237,501 and their total compensation is $251,642.
Official website here: www.diabetesresearch.org
What is the revenue of Diabetes Research Institute Foundation Inc?
Diabetes Research Institute Foundation Inc's revenue in 2023 was $7,129,662.
Official website here: www.diabetesresearch.org
Who are the executives of Diabetes Research Institute Foundation Inc and what are their salaries?
The average compensation at Diabetes Research Institute Foundation Inc during 2023 was $96,961. There are 33 employees and 200 volunteers at Diabetes Research Institute Foundation Inc.
Here are 30 key members and their salaries (Diabetes Research Institute Foundation Inc's CEO's salary is $237,501 and their total compensation is $251,642):
- Compensation: $237,501
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- Other: $14,141
- Compensation: $208,322
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- Other: $27,000
- Compensation: $197,952
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- Other: $27,000
- Compensation: $197,952
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- Other: $12,420
- Compensation: $142,759
- Related: $0
- Other: $8,711
- Compensation: $122,890
- Related: $0
- Other: $17,205
- Compensation: $122,228
- Related: $0
- Other: $12,505
- Compensation: $116,822
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- Other: $7,050
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Official website here: www.diabetesresearch.org
Where can I find the form 990 for Diabetes Research Institute Foundation Inc?
Diabetes Research Institute Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.diabetesresearch.org
Learn more at the official website: www.diabetesresearch.org
Mission Statement of Diabetes Research Institute Foundation Inc
The Diabetes Research Institute Foundation Inc is committed to providing the Diabetes Research Institute with the necessary funding to advance research aimed at curing diabetes. Their mission is to support the institute in its pursuit of finding a cure for diabetes, funding various research studies, including clinical trials. The foundation's efforts have resulted in groundbreaking advancements, such as the 'islets in the omentum' BioHub trial, which tested the safety and efficacy of insulin-producing cells transplanted in a different site than the liver. The foundation's funding has also led to significant progress in stimulating the regeneration of pancreatic stem cells into insulin-producing cells, potentially addressing the challenge of a limited supply of insulin-producing cells. Additionally, the Diabetes Research Institute Foundation Inc supports research focused on establishing immune tolerance and reversing autoimmunity, the underlying causes of diabetes. Through its funding, the foundation has also contributed to key collaborative programs, facilitating the sharing of ideas and advancements in diabetes research globally. The foundation's efforts have also extended to advocacy, appearing before Congress to request increased funding for diabetes research and hosting informational workshops for people with diabetes and their families.
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Impact
October, 2024
The Diabetes Research Institute Foundation Inc (DRIF) significantly impacts the pursuit of a cure for diabetes through its dedicated funding of critical research initiatives. By supporting a range of studies, including basic, pre-clinical, and patient-based research, DRIF plays a pivotal role in advancing scientific understanding and treatment of diabetes.
One of the primary areas of focus has been clinical trials, such as the groundbreaking 'islets in the omentum' BioHub trial. This innovative approach tests the safety and efficacy of transplanting insulin-producing cells in a novel location, expanding the possibilities for effective diabetes treatment. The foundation's support has enabled the Diabetes Research Institute (DRI) to engage more than 1,200 candidates in this pilot trial, illustrating a significant commitment to real-world applications of research findings.
DRIF funding ensures the ongoing care and follow-up for islet transplant patients, many of whom enjoy sustained insulin independence for years. Remarkably, recent data indicates that some patients remain insulin-free for over a decade with near-normal blood sugar levels, underscoring the impact of the Institute's work on improving patient outcomes.
Furthermore, the foundation invests in projects aimed at achieving immune tolerance and reversing autoimmunity, essential goals in addressing the disease's root causes. The development of methods to regenerate pancreatic stem cells into insulin-producing cells highlights a major breakthrough, providing hope for natural supply banks of cells that could ultimately cure the disease.
Additionally, DRIF supports training for international researchers and fosters collaborations that streamline research efforts across borders. Their funding has facilitated vital equipment use in multi-center clinical trials, which demonstrated the effectiveness of islet transplantation in preventing severe hypoglycemia, a dangerous complication of diabetes. These advancements not only contribute to the scientific community but also pave the way for potential FDA-approved treatments.
Through advocacy and public engagement, DRIF promotes increased funding for diabetes research on Capitol Hill, ensuring that the needs of those affected by diabetes are represented. Their outreach initiatives, including workshops and online resources, empower families and individuals living with diabetes by providing them with the latest research updates and management techniques.
In summary, the Diabetes Research Institute Foundation Inc's impact is profound, driving critical advancements in diabetes research, enhancing patient care, and fostering a collaborative environment aimed at curing diabetes.
This information is meant to be a general summary of Diabetes Research Institute Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $737,942
- Gross Receipts: $13,986,618
Assets and Liabilities:
- Total Assets: $32,244,637
- Total Liabilities: $1,373,041
- Net Assets: $30,871,596
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Organization Details
Founding Year
1974
Principal Officer
Sean Kramer
Website
www.diabetesresearch.orgNTEE Category
Code: H85I - Medical research
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