Whitehead Institute For Biomedical Research

Organization Overview

Whitehead Institute For Biomedical Research is located in Cambridge, MA. The organization was established in 2018. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 06/2021, Whitehead Institute For Biomedical Research employed 349 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whitehead Institute For Biomedical Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Whitehead Institute For Biomedical Research generated $97.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $96.7m during the year ending 06/2021. While expenses have increased by 3.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Whitehead Institute For Biomedical Research has awarded 46 individual grants totaling $14,482,352. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH IS AN INDEPENDENT NONPROFIT RESEARCH AND TEACHING INSTITUTION LOCATED IN CAMBRIDGE, MASSACHUSETTS. THE INSTITUTE WAS INCORPORATED IN 1981 TO PROMOTE AND EXPAND HUMAN KNOWLEDGE IN THE BIOMEDICAL AND OTHER SCIENTIFIC FIELDS WITH THE ULTIMATE GOAL OF IMPROVING HUMAN HEALTH AND WELL-BEING. THE RESEARCH OF THE INSTITUTE FOCUSES ON BASIC BIOLOGICAL PROCESSES INVESTIGATED MAINLY FROM A MOLECULAR OR CELLULAR PERSPECTIVE. RESEARCH IS CONDUCTED IN SEVERAL AREAS, INCLUDING CANCER, NEURODEGENERATIVE DISEASES, REGENERATIVE BIOLOGY, IMMUNOLOGY AND GENETICS. THE RESEARCH OF THE INSTITUTE IS CONDUCTED UNDER THE LEADERSHIP OF PRINCIPAL INVESTIGATORS WHO HOLD JOINT APPOINTMENTS TO THE FACULTIES OF THE INSTITUTE AND MASSACHUSETTS INSTITUTE OF TECHNOLOGY ("MIT") (THE "INSTITUTE FACULTY"). THE MEMBERS OF THE INSTITUTE FACULTY ARE RECOGNIZED LEADERS IN THEIR FIELDS. THE INSTITUTE FACULTY INCLUDE TWO RECIPIENTS OF THE NATIONAL MEDAL OF SCIENCE, FIVE HOWARD HUGHES MEDICAL INSTITUTE INVESTIGATORS, NINE MEMBERS OF THE NATIONAL ACADEMY OF SCIENCES AND SIX MEMBERS OF THE NATIONAL ACADEMY OF MEDICINE. FOR MORE THAN THREE DECADES, WHITEHEAD INSTITUTE HAS MAINTAINED A STEADFAST COMMITMENT TO SCIENCE EDUCATION AND OUTREACH BY OFFERING PROGRAMS TO ENHANCE SCIENCE TEACHING AND LEARNING FOR THE ENTIRE COMMUNITY. WITH A VARIETY OF PROGRAMS RANGING IN SCOPE FROM LECTURES AND WORKSHOPS FOR TEACHERS AND STUDENTS TO SPECIAL EVENTS FOR NON-SCIENTISTS, WHITEHEAD OFFERS ITS PARTICIPANTS FIRST-HAND EXPOSURE TO STATE-OF-THE-ART RESEARCH. THESE PROGRAMS INCLUDE: SEMINAR SERIES FOR HIGH SCHOOL TEACHERS - THIS MONTHLY PROGRAM PROVIDES EDUCATORS AND OPPORTUNITY TO EXPLORE TOPICS AT THE FOREFRONT OF BIOMEDICAL RESEARCH. THE SERIES BEGINS IN OCTOBER AND LECTURES ARE HELD THE FIRST MONDAY OF EVERY MONTH THROUGH JUNE. SPRING LECTURE SERIES FOR HIGH SCHOOL STUDENTS - THIS PROGRAM, HELD DURING THE PUBLIC SCHOOL SPRING VACATION WEEK, FEATURES LECTURES FROM LEADING SCIENTIFIC EXPERTS, HANDS-ON LABORATORY DEMONSTRATIONS, VISITS TO LOCAL BIOTECHNOLOGY COMPANIES, AND INTERACTIONS WITH YOUNG WHITEHEAD INSTITUTE SCIENTISTS. SCIENCE WEEKS FOR MIDDLE SCHOOL STUDENTS - WHITEHEAD INSTITUTE HAS DEVELOPED IMMERSIVE, WEEK-LONG PROGRAMS FOR RISING 6TH, 7TH, AND 8TH GRADERS FEATURING HANDS-ON ACTIVITIES, CLASSROOM LESSONS, AND INTERACTIONS WITH SCIENTISTS. TWO SUCH SESSIONS ARE HELD IN THE SUMMER MONTHS. PUBLIC PROGRAM COLLABORATIONS - WHITEHEAD INSTITUTE ROUTINELY PARTNERS WITH VARIOUS RESEARCH INSTITUTIONS AND BIOTECHNOLOGY ORGANIZATIONS IN COORDINATING EDUCATIONAL PROGRAMMING FOR HIGH SCHOOL STUDENTS, TEACHERS, AND SCIENTISTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Investment Fund For Foundations
Investment Manager
$1,924,820
Morse Barnes-brown
Legal Firm
$375,209
Salt Creek Catering
Catering Services
$415,497
Jc Cannistraro
Construction
$546,493
Pidc Construction Corp
Construction
$482,018
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,910,380
All other contributions, gifts, grants, and similar amounts not included above$13,476,187
Noncash contributions included in lines 1a–1f $81,623
Total Revenue from Contributions, Gifts, Grants & Similar$28,386,567
Total Program Service Revenue$1,095,858
Investment income $9,187,660
Tax Exempt Bond Proceeds $0
Royalties $35,097,474
Net Rental Income $1,050,424
Net Gain/Loss on Asset Sales $22,424,617
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $97,603,749

Grants Awarded

Over the last fiscal year, Whitehead Institute For Biomedical Research has awarded $909,821 in support to 4 organizations.

Grant RecipientAmount

MASS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH SUBAWARDS

$767,939

UNIVERSITY OF CALIFORNIA SAN FRANCISCO

Org PageRecipient Profile

San Francisco, CA

PURPOSE: RESEARCH SUBAWARDS

$69,733

MASS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH SUBAWARDS

$67,041

BRIGHAM AND WOMEN'S HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH SUBAWARDS

$5,108
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 30 grants that Whitehead Institute For Biomedical Research has recieved totaling $8,905,699.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: MEDICAL / PUBLIC SERVICES

$2,110,000
Sharp Charitable Tr

Newton, MA

PURPOSE: UNRESTRICTED

$1,000,000
Valhalla Charitable Foundation

Woodside, CA

PURPOSE: MEDICAL RESEARCH FELLOWS PROGRAM

$750,000
Milky Way Research Foundation

Washington, DC

PURPOSE: INVESTIGATOR AWARD RESEARCH GRANT

$575,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$555,000
Paul G Allen Family Foundation

Seattle, WA

PURPOSE: TO SUPPORT ENGINEERING THE STROMAL SECRETOME TO PROGRAM ORGAN DEVELOPMENT AND MATURATION

$500,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$521,317,096
Earnings$211,129,485
Net Contributions$200,000
Other Expense$23,733,939
Ending Balance$708,912,642

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