Overview
What is Memphis Bioworks Foundation?
The Memphis Bioworks Foundation is a nonprofit organization situated in Memphis, Tennessee. Its primary focus lies in stimulating economic development within the life sciences and industrial bioscience sectors. This encompasses constructing infrastructure, fostering education and workforce development, and encouraging entrepreneurship. By implementing a strategic business plan that leverages the region's competitive strengths, the foundation aims to expand the necessary infrastructure, educational opportunities, and entrepreneurial support needed to grow bioscience industries.
Official website here: www.memphisbioworks.org
Is Memphis Bioworks Foundation legitimate?
Memphis Bioworks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Bioworks 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.memphisbioworks.org
What is the mission statement of Memphis Bioworks Foundation?
The Memphis Bioworks Foundation is pursuing a strategic business plan to leverage the competitive strengths within its region, aiming to expand the infrastructure, educational opportunities, and entrepreneurial support required to foster growth in bioscience industries. This foundation is primarily focused on leading economic development programs, with a focus on developing infrastructure, education/workforce, and entrepreneurship in the life sciences and industrial bioscience sectors. Its mission is to stimulate entrepreneurship, thereby contributing to the expansion of these industries.
Official website here: www.memphisbioworks.org
What is the revenue of Memphis Bioworks Foundation?
Memphis Bioworks Foundation's revenue in 2023 was $21.
Official website here: www.memphisbioworks.org
Who are the executives of Memphis Bioworks Foundation and what are their salaries?
There 2 volunteers at Memphis Bioworks Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.memphisbioworks.org
Where can I find the form 990 for Memphis Bioworks Foundation?
Memphis Bioworks Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.memphisbioworks.org
Learn more at the official website: www.memphisbioworks.org
Mission Statement of Memphis Bioworks Foundation
Memphis Bioworks Foundation, in its mission, is strategically leveraging the competitive strengths within its region to expand the infrastructure, educational opportunities, and entrepreneurial support needed to foster the growth of bioscience industries. The organization is focused on driving economic development programs, primarily in the life sciences and industrial bioscience sectors. By executing this strategic business plan, Memphis Bioworks Foundation aims to expand entrepreneurship by enhancing the region's infrastructure, providing valuable education and workforce development, and supporting budding entrepreneurs in the bioscience field.
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Impact
October, 2024
Memphis Bioworks Foundation significantly enhances the bioscience landscape in the Memphis region by executing a strategic business plan that capitalizes on local strengths. Their efforts focus on developing critical infrastructure, fostering educational opportunities, and providing support for entrepreneurs in the life sciences and industrial bioscience sectors. This comprehensive approach not only drives economic development but also cultivates a robust ecosystem that supports innovation and growth within the bioscience industry. By prioritizing workforce development and entrepreneurship, they are effectively positioning Memphis as a hub for medical research and advanced bioscience initiatives, ultimately benefiting the local economy and community as a whole.
This information is meant to be a general summary of Memphis Bioworks 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.
- Gross Receipts: $21
Assets and Liabilities:
- Total Assets: $6,080,785
- Total Liabilities: $96,925
- Net Assets: $5,983,860
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Organization Details
Founding Year
2001
Principal Officer
Corie Rivers
Website
www.memphisbioworks.orgNTEE Category
Code: H059 - Medical research
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