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The Isthmus Foundation

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

EIN: 824257211 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Isthmus Foundation?

The Isthmus Foundation is a dedicated nonprofit organization that works towards transforming stem cell discoveries into practical cures for unmet medical needs. Their primary mission is to bridge the gap between academic and scientific research, as well as the development and delivery of therapies. To expedite the translation of stem cell treatments, they employ a collaborative strategy, engaging a diverse network of scientists, clinicians, investors, businesses, healthcare providers, and manufacturing experts. This collaborative approach allows them to foster innovative solutions and bring life-changing therapies to those in need.


Official website here: www.isthmusfoundation.org

Is The Isthmus Foundation legitimate?

The Isthmus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Isthmus Foundation submitted a form 990EZ, 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.


Official website here: www.isthmusfoundation.org

What is the mission statement of The Isthmus Foundation?

The Isthmus Foundation is a non-profit organization dedicated to advancing stem cell therapies for unmet medical needs. Its mission is to bridge the gap between academic and scientific research, facilitating the transition of discoveries into viable treatments. To accelerate this process, The Isthmus Foundation employs a collaborative approach, engaging a wide network of scientists, clinicians, investors, businesses, healthcare providers, and manufacturing experts.


Official website here: www.isthmusfoundation.org

Who is the CEO of The Isthmus Foundation?

Michael Okerlund is the Secretary of The Isthmus Foundation.


Official website here: www.isthmusfoundation.org

What is the revenue of The Isthmus Foundation?

The Isthmus Foundation's revenue in 2023 was $84,072.


Official website here: www.isthmusfoundation.org

Who are the executives of The Isthmus Foundation and what are their salaries?


Here are 4 key members and their salaries:


Ross Dunbar (Executive Di)
  • Compensation: $16,000
  • Related: $0
  • Other: $0
James Dutton (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Okerlund (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wold (Retired Vp/C)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.isthmusfoundation.org

Where can I find the form 990EZ for The Isthmus Foundation?

The Isthmus Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.isthmusfoundation.org

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

Mission Statement of The Isthmus Foundation

The Isthmus Foundation is a non-profit organization committed to bridging the gap between stem cell research and the development and delivery of therapies for unmet medical needs. With a mission to accelerate the translation of stem cell therapies, this organization takes a collaborative approach, involving a wide network of scientists, clinicians, investors, businesses, healthcare providers, and manufacturing experts. By fostering collaboration and innovation, The Isthmus Foundation aims to transform stem cell discoveries into cures that can significantly impact many lives.

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Impact




October, 2024

The Isthmus Foundation has a significant impact on the landscape of medical research and therapy development, particularly in the realm of stem cell science. By facilitating collaboration among a diverse network of scientists, clinicians, investors, businesses, healthcare providers, and manufacturing specialists, the foundation accelerates the journey from scientific discovery to practical cures for unmet medical needs. This integrative approach not only bridges the gap between academic research and therapy implementation but also enhances the efficiency and effectiveness of bringing innovative stem cell therapies to patients. As a result, The Isthmus Foundation plays a crucial role in transforming promising research into tangible health solutions, ultimately improving patient outcomes and advancing the field of regenerative medicine.




This information is meant to be a general summary of The Isthmus 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
$84,072 (2023)
Expenses
$71,653 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $84,072

Assets and Liabilities:

  • Total Assets: $16,954
  • Total Liabilities: $0
  • Net Assets: $16,954

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Organization Details

Principal Officer

Michael Okerlund

Main Address

10141 IRWIN RD, MINNEAPOLIS, MN, 55437

NTEE Category

Code: H11 - Medical research

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