The Ruth K Broad Biomedical Research Foundation

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

EIN: 650045051 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Ruth K Broad Biomedical Research Foundation?

The Ruth K Broad Biomedical Research Foundation is a nonprofit organization that primarily focuses on funding collaborative research in the field of neurosciences. They strive to promote excellence by providing grants at prestigious academic medical centers, such as Duke University, and beyond. Their mission encompasses supporting fundamental scientific research, fostering education, and disseminating research findings in the realm of neurosciences.


Official website here: www.sites.duke

Is The Ruth K Broad Biomedical Research Foundation legitimate?

The Ruth K Broad Biomedical Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ruth K Broad Biomedical 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sites.duke

What is the mission statement of The Ruth K Broad Biomedical Research Foundation?

The Ruth K Broad Biomedical Research Foundation is dedicated to supporting basic scientific research, education, and the dissemination of findings in the field of neurosciences. The organization achieves this by funding collaborative research projects at esteemed academic medical centers, such as Duke University, and promoting excellence through grant programs. Their mission is centered around advancing our understanding of the brain and nervous system, which could potentially lead to breakthroughs in various medical fields. The foundation also emphasizes the importance of education and knowledge sharing, ensuring that researchers and the general public can benefit from the latest discoveries in neurosciences.


Official website here: www.sites.duke

What is the revenue of The Ruth K Broad Biomedical Research Foundation?

The Ruth K Broad Biomedical Research Foundation's revenue in 2024 was $854,406.


Official website here: www.sites.duke

Who are the executives of The Ruth K Broad Biomedical Research Foundation and what are their salaries?

Here are 19 key members and their salaries:


Stephen G Lisberger (Director)
  • Compensation: $0
  • Related: $464,891
  • Other: $40,376
Richard J O'Brien Md (Director)
  • Compensation: $0
  • Related: $516,908
  • Other: $47,144
James Mcnamara Md (Director)
  • Compensation: $0
  • Related: $315,839
  • Other: $53,428
Colin Duckett (Director)
  • Compensation: $0
  • Related: $402,435
  • Other: $47,369
Michael Sholtz Jd (Director)
  • Compensation: $0
  • Related: $274,423
  • Other: $64,357
Geeta Swamy Md (Director/Part Year Chairman)
  • Compensation: $0
  • Related: $515,833
  • Other: $60,044
Karen B Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Bussel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Bussel (Director/Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John M Bussel (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moira Rynn Md (Director)
  • Compensation: $0
  • Related: $587,215
  • Other: $59,495
Curtis Alan Lockshin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel F Utset Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Moshontz De La Rocha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Whitson Md (Director)
  • Compensation: $0
  • Related: $314,992
  • Other: $51,470
Ralph Snyderman Md (Director/Part Year Chairman)
  • Compensation: $0
  • Related: $1,397,462
  • Other: $68,895
Cathleen Durgin (Secretary)
  • Compensation: $0
  • Related: $83,655
  • Other: $19,381
Erica Kitchen (President/Executive Director)
  • Compensation: $0
  • Related: $94,892
  • Other: $31,612
Jennifer Gallina (Former Officer)
  • Compensation: $0
  • Related: $273,034
  • Other: $10,771


Official website here: www.sites.duke

Where can I find the form 990 for The Ruth K Broad Biomedical Research Foundation?

The Ruth K Broad Biomedical Research Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sites.duke

Learn more at the official website: www.sites.duke

Mission Statement of The Ruth K Broad Biomedical Research Foundation

The Ruth K Broad Biomedical Research Foundation is dedicated to supporting fundamental scientific research, education, and the dissemination of findings in the field of neurosciences. By funding collaborative projects at esteemed academic medical centers such as Duke University, this foundation seeks to promote excellence in the field. Through its mission, the foundation aims to contribute significantly to the advancement of our understanding of the brain and nervous system, ultimately leading to potential breakthroughs in various neurological conditions.

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Impact




October, 2024

The Ruth K Broad Biomedical Research Foundation significantly advances the field of neurosciences by funding collaborative research initiatives and supporting educational endeavors. Its commitment to basic scientific research fosters innovation and discovery, paving the way for breakthroughs that enhance our understanding of the brain and nervous system.

By providing grants to institutions such as Duke University and other academic medical centers, the foundation promotes excellence in research, encouraging scientists to explore complex neurological issues. The dissemination of research findings further amplifies its impact, ensuring that new knowledge is shared with the broader scientific community and contributes to improved health outcomes. The foundation's work not only supports researchers but also enriches education in the neurosciences, ultimately benefiting society through enhanced medical advancements.




This information is meant to be a general summary of The Ruth K Broad Biomedical 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.

Revenue
$854,406 (2024)
Expenses
$1,037,317 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $187,692
  • Gross Receipts: $854,406

Assets and Liabilities:

  • Total Assets: $18,625,123
  • Total Liabilities: $0
  • Net Assets: $18,625,123

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Organization Details

Founding Year

1997

Principal Officer

Erica Kitchen

NTEE Category

Code: H90 - Medical research

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