Overview
What is The Alfred E Mann Foundation For Scientific Research?
The Alfred E Mann Foundation for Scientific Research is a medical research organization based in Santa Clarita, California. With a team of 84 employees, the foundation is dedicated to developing and commercializing innovative solutions for unmet medical conditions. Their current project involves creating an implantable neurostimulation system for chronic diseases. The system, which includes a fully implantable neural stimulator, aims to improve medical outcomes at a lower cost and higher patient satisfaction compared to existing treatment options. The development of the first-in-human implant and externals has begun, with several non-significant risk clinical studies underway or completed, including one at UCLA and another conducted by Harvey Mudd College. Pre-clinical studies have also been conducted as part of the planning, design, and development process.
Official website here: www.humannitymedtec.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Alfred E Mann Foundation For Scientific Research has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The foundation's high score of 96% in the Accountability & Finance category is particularly noteworthy, indicating robust practices in governance and financial management.
Strengths include the foundation's majority independent board, which consists of 80% independent members, as well as a strong financial oversight structure that has been recognized for having no material diversion of assets. Their focus on transparency is further underscored by the presence of various policies such as conflict of interest and whistleblower protections, all contributing to an environment of ethical stewardship.
While the foundation shows exceptional financial health with a program expense ratio of 76.56%, indicating a significant commitment to its mission-related activities, the data does not highlight any specific limitations or areas for improvement. Overall, the charity stands out for its dedication to accountability and effective governance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Alfred E Mann Foundation For Scientific Research legitimate?
The Alfred E Mann Foundation For Scientific Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Alfred E Mann Foundation For Scientific Research 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: $5,534,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,822,486
For more financial information, click here
Official website here: www.humannitymedtec.org
What is the mission statement of The Alfred E Mann Foundation For Scientific Research?
The Alfred E Mann Foundation for Scientific Research is a medical research organization committed to creating innovative solutions for significant unmet medical conditions. Its mission is to develop and commercialize advanced technological treatments for chronic diseases. The foundation is currently planning, designing, and developing an implantable neurostimulation system to improve patient outcomes and satisfaction at a lower cost. This system aims to offer a higher level of patient compliance through seamless operation and minimal patient interaction. Pre-clinical studies and several non-significant risk clinical trials have been conducted, including studies at UCLA and Harvey Mudd College. The first-in-human implant and externals are well underway in the development process.
Official website here: www.humannitymedtec.org
Who is the CEO of The Alfred E Mann Foundation For Scientific Research?
Robert Greenberg is the CEO of The Alfred E Mann Foundation For Scientific Research The CEO's salary of The Alfred E Mann Foundation For Scientific Research is $1,126,805 and their total compensation is $1,210,026.
Official website here: www.humannitymedtec.org
What is the revenue of The Alfred E Mann Foundation For Scientific Research?
The Alfred E Mann Foundation For Scientific Research's revenue in 2024 was $44,147,259.
Official website here: www.humannitymedtec.org
Who are the executives of The Alfred E Mann Foundation For Scientific Research and what are their salaries?
The average compensation at The Alfred E Mann Foundation For Scientific Research during 2024 was $131,255. There are 117 employees and 5 volunteers at The Alfred E Mann Foundation For Scientific Research.
Here are 24 key members and their salaries (The Alfred E Mann Foundation For Scientific Research's CEO's salary is $1,126,805 and their total compensation is $1,210,026):
- Compensation: $1,126,805
- Related: $0
- Other: $83,221
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $485,271
- Related: $0
- Other: $78,169
- Compensation: $373,573
- Related: $0
- Other: $21,387
- Compensation: $306,031
- Related: $0
- Other: $25,285
- Compensation: $293,384
- Related: $0
- Other: $10,804
- Compensation: $258,851
- Related: $0
- Other: $37,397
- Compensation: $229,291
- Related: $0
- Other: $27,894
- Compensation: $223,160
- Related: $0
- Other: $49,480
- Compensation: $218,311
- Related: $0
- Other: $32,348
- Compensation: $207,894
- Related: $0
- Other: $42,024
- Compensation: $266,396
- Related: $0
- Other: $29,899
- Compensation: $242,808
- Related: $0
- Other: $43,638
- Compensation: $202,889
- Related: $0
- Other: $38,485
- Compensation: $240,335
- Related: $0
- Other: $28,224
- Compensation: $214,087
- Related: $0
- Other: $13,533
- Compensation: $205,604
- Related: $0
- Other: $26,544
- Compensation: $207,074
- Related: $0
- Other: $27,622
- Compensation: $208,870
- Related: $0
- Other: $40,961
- Compensation: $149,194
- Related: $0
- Other: $11,204
Official website here: www.humannitymedtec.org
Where can I find the form 990 for The Alfred E Mann Foundation For Scientific Research?
The Alfred E Mann Foundation For Scientific Research's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.humannitymedtec.org
Learn more at the official website: www.humannitymedtec.org
Mission Statement of The Alfred E Mann Foundation For Scientific Research
The Alfred E Mann Foundation For Scientific Research is a medical research organization with a mission to develop and commercialize innovative solutions for significant unmet medical conditions. Dedicated to making a difference in people's lives, this foundation is committed to conducting groundbreaking research in the field of medical science.
With a focus on creating advanced technologies, The Alfred E Mann Foundation For Scientific Research aims to improve medical outcomes while offering a higher level of patient satisfaction and compliance. Their current project involves the development of a fully implantable neural stimulator for chronic disease treatment. This system is designed to provide seamless operation and require minimal patient interaction, offering a more satisfactory experience for patients.
The team at The Alfred E Mann Foundation For Scientific Research is well into the planning, design, and development stages of this innovative project. Several non-significant risk clinical studies are already underway or completed, with findings from UCLA, Harvey Mudd College, and an internal volunteer study contributing valuable insights. Pre-clinical studies have also been conducted, paving the way for further advancements. As the foundation continues to push the boundaries of medical technology, their ultimate goal is to bring effective and satisfying treatments to those in need.
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Impact
October, 2024
The Alfred E. Mann Foundation for Scientific Research plays a pivotal role in advancing medical solutions through innovative research, particularly in the field of neuromodulation. It is focused on developing a fully implantable neurostimulation system aimed at treating chronic diseases. This initiative seeks to enhance medical outcomes while reducing costs and improving patient satisfaction compared to existing treatment options.
Currently, the foundation is in the critical phases of planning, design, and development for its first-in-human implant, alongside conducting multiple clinical studies, including collaborations with prestigious institutions like UCLA and Harvey Mudd College. These efforts include several non-significant risk studies that are essential for validating the efficacy and safety of the new technology. The foundation's commitment to rigorous pre-clinical studies further underscores its dedication to addressing significant unmet medical needs.
By striving to create a system that operates seamlessly with minimal patient interaction, the foundation aims to increase patient adoption and compliance, ultimately enhancing the quality of life for those suffering from chronic conditions. The ongoing work of the Alfred E. Mann Foundation highlights its substantial impact on the landscape of medical research and innovation.
This information is meant to be a general summary of The Alfred E Mann Foundation For Scientific Research. 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 2024.
- Investment Income: $9,536,435
- Program Service Revenue: $233,504
- Gross Receipts: $51,858,858
Assets and Liabilities:
- Total Assets: $344,680,217
- Total Liabilities: $5,996,723
- Net Assets: $338,683,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMES II PROGRAM REVENUE
Revenue
$98,445
OTHER PROJECT INCOME (OSSUR)
Revenue
$96,048
RESEARCH GRANT INCOME
Revenue
$39,011
Organization Details
Founding Year
1985
Principal Officer
Robert Greenberg
Website
www.humannitymedtec.orgNTEE Category
Code: U200 - Science research
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