Overview
What is Vinnova?
Vinnova is a nonprofit organization that provides financial support for pharmaceutical research, specifically aiming to foster the development of innovative drugs. Their recent grants totaling $966,010 have been awarded to a company named Vasocarda for their pharmaceutical development program. While specific details about their reach or additional initiatives are not provided in the given data, Vinnova's primary mission is evident in its commitment to funding groundbreaking drug development projects.
Is Vinnova legitimate?
Vinnova is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vinnova 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.
What is the mission statement of Vinnova?
Vinnova, as a funding organization, is committed to promoting the advancement of pharmaceutical research. Specifically, they provide grants to facilitate the development of innovative drugs. Recently, they awarded research funds totaling $489,010 and $477,000 to Vasocarda for their pharmaceutical development program. This financial support aims to foster innovation and progress in the pharmaceutical industry. However, the mission statement of Vinnova does not explicitly mention a broader social or societal goal beyond the promotion of pharmaceutical research.
Who is the CEO of Vinnova?
Dai-Trang E Le is the President of Vinnova.
What is the revenue of Vinnova?
Vinnova's revenue in 2022 was $1,535.
Who are the executives of Vinnova and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Vinnova?
Vinnova's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Vinnova
Vinnova, a grant-awarding organization, focuses on funding pharmaceutical research to advance the development of innovative drugs. In recent times, they have provided research funds totaling $489,010 and $477,000 to Vasocarda to support their pharmaceutical development program. This financial backing is crucial in driving progress in drug development, potentially leading to significant medical breakthroughs. By investing in such research, Vinnova plays a vital role in the pharmaceutical industry, fostering innovation and contributing to the development of potentially life-saving drugs.
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Impact
October, 2024
Vinnova plays a significant role in advancing pharmaceutical research by providing essential funding to support the development of innovative drugs. Their recent financial contributions, totaling $966,010 to Vasocarda, exemplify their commitment to fostering groundbreaking research that addresses various diseases. This support not only accelerates the pharmaceutical development process but also enhances the potential for new treatments to emerge, ultimately benefiting public health. By financing vital research initiatives, Vinnova is instrumental in driving progress in the pharmaceutical sector and improving patient outcomes.
This information is meant to be a general summary of Vinnova. 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 2022.
- Investment Income: $1,535
- Gross Receipts: $1,535
Assets and Liabilities:
- Total Assets: $124,618
- Total Liabilities: $0
- Net Assets: $124,618
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Organization Details
Phone
(503) 919-8647Principal Officer
Dai-Trang E Le
Main Address
1331 NE LOVEJOY STREET 950, PORTLAND, OR, 97201
NTEE Category
Code: G99 - Disease
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