Boyce Thompson Institute For Plant Research Inc

Organization Overview

Boyce Thompson Institute For Plant Research Inc is located in Ithaca, NY. The organization was established in 1938. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Boyce Thompson Institute For Plant Research Inc employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boyce Thompson Institute For Plant Research Inc 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 12/2021, Boyce Thompson Institute For Plant Research Inc generated $16.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $18.3m during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 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 2014, Boyce Thompson Institute For Plant Research Inc has awarded 55 individual grants totaling $11,307,601. 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

THE BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH, INC. (BTI) STRIVES TO BE A WORLD LEADER IN PLANT SCIENCE RESEARCH. BTI WAS FOUNDED BY WILLIAM BOYCE THOMPSON OUT OF A CONVICTION THAT "ANY PRINCIPLES CONCERNING THE NATURE OF LIFE THAT YOU CAN ESTABLISH FOR PLANTS WILL HELP YOU UNDERSTAND MAN, IN HEALTH AND DISEASE." HE ALSO SAW PLANT SCIENCE AS A MEANS OF ENDING HUNGER, THUS ULTIMATELY PROMOTING DEMOCRACY AND POLITICAL STABILITY. BTI ENVISIONS A WORLD IN WHICH NUTRITIOUS FOOD IS IN ABUNDANCE, THE ENVIRONMENT IS SECURE, AND PEOPLE LIVE FULLER, HEALTHIER LIVES. THIS VISION CAN BE REALIZED IN PART THROUGH THE STUDY OF PLANTS FOR THE BENEFIT OF PEOPLE AND THE ENVIRONMENT, CONCENTRATING PARTICULARLY ON PLANT DEVELOPMENT, MOLECULAR INTERACTIONS BETWEEN PLANTS AND MICROBES, AND MOLECULAR AND CHEMICAL ECOLOGY.

Describe the Organization's Program Activity:

IMPROVE AGRICULTURE/SUSTAINABLE FOOD PRODUCTION: BTI SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TOWARDS PRODUCING AN INCREASINGLY SUSTAINABLE FOOD SUPPLY. FOOD SECURITY ANALYSIS BY THE UNITED NATIONS HAS CITED CLIMATE CHANGE, NATURAL DISASTER, RAPID URBANIZATION AND UNPRECENDENTED POPULATION GROWTH AS GREAT CHALLENGES TO THE SUSTAINABLE FUTURE OF THE WORLD FOOD SUPPLY. AT BTI, SCIENTISTS ARE INVESTIGATING, AT THE MOLECULAR LEVEL, HOW PLANTS GROW, RESPOND TO LIGHT, AND MAKE USE ON A SCALE THAT CAN MEET DEMAND. CURRENT RESEARCH IS FOCUSED ON IMPROVING THE NUTRITIVE QUALITY OF FOOD, INCREASING YIELD AND FURTHERING THE SUSTAINABILITY OF AGRONOMICALLY VIABLE PLANT SPECIES. SPECIFIC RESEARCH FOCUSES ON LONGER SHELFLIFE, CROPS THAT PRODUCE HIGHER YIELD WITH LESS INPUTS, REDUCED NEED FOR CHEMICAL FERTILIZATION, AND PLANTS WITH HIGHER TOLERANCE FOR ENVIRONMENTAL STRESSORS SUCH AS DROUGH, SALINITY, HEAT AND COLD.


RESEARCH TOOLS & COMMUNICATIONS: BTI SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TOWARDS THE ADVANCEMENT OF SCIENTIFIC KNOWLEDGE. VIRTUALLY EVERY DAY, SCIENTISTS DISCOVER AND RECORD A STAGGERING AMOUNT OF NEW INFORMATION ABOUT THE GENES, PROTEINS AND CHEMICALS THAT DIRECT THE DEVELOPMENT OF CELLS. BTI RESEARCHERS ALSO ARE CONTINUALLY DEVELOPING NEW TECHNIQUES FOR LABORATORY RESEARCH. BTI SCIENTISTS ARE DEVELOPING INNOVATIVE SOFTWARE AND DATABASES, ENABLING RESEARCHERS TO BETTER ORGANIZE, ACCESS AND RETRIEVE A WEALTH OF DATA, ISOLATE AND IDENTIFY SPECIFIC GENES CONTROLLING THE SPECIFIC LIFE PROCESSES AND IDENTIFY MOLECULES WITH POTENTIAL EVOLUTIONARY, BIOLOGICAL AND MEDICAL IMPORTANCES. BTI SCIENTISTS ALSO DEVELOP NEW RESEARCH PROTOCOLS FOR TRANSFORMING PLANTS WITH GENES OF INTEREST TO DISCOVER THEIR FUNCTIONS.


IMPROVED HUMAN HEALTH: INSTITUTE SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT SCIENCE AND RELATED RESEARCH TOWARDS IMPROVED HUMAN HEALTH. CURRENT RESEARCH AT BTI MAY LEAD TO AN INCREASE IN OUR UNDERSTANDING OF HUMAN DISEASES SUCH AS DIABETES, ALZHEIMER'S DISEASE AND AGING-RELATED DISEASES. BTI RESEARCHERS DEVELOP CELL LINES IN PLANTS AND INSECTS THAT CAN BE USED TO MANUFACTURE THERAPEUTICS, DIAGNOSTICS, AND VACCINES. INSTITUTE RESEARCH ALSO MAY LEAD TO MORE NUTRITIOUS FOODS TO COMBAT VITAMIN DEFICIENCIES AND LESS PESTICIDE USE TO REDUCE HUMAN EXPOSURE TO HARMFUL CHEMICALS. BTI SCIENTISTS ALSO STUDY HOW PLANTS PRODUCE PHARMACEUTICALLY ACTIVE COMPOUNDS AND MAY LEAD TO NEW SOURCES OF NATURAL WAYS TO COMBAT CONDITIONS LIKE HEART DISEASE.


OTHER PROGRAM SERVICES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $9,019,963
All other contributions, gifts, grants, and similar amounts not included above$3,010,592
Noncash contributions included in lines 1a–1f $42
Total Revenue from Contributions, Gifts, Grants & Similar$12,030,555
Total Program Service Revenue$0
Investment income $1,002,999
Tax Exempt Bond Proceeds $0
Royalties $281,050
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,572,090
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,707,988

Grants Awarded

Over the last fiscal year, Boyce Thompson Institute For Plant Research Inc has awarded $2,384,494 in support to 14 organizations.

Grant RecipientAmount

IOWA STATE UNIVERSITY

Org PageRecipient Profile

Ames, IA

PURPOSE: COLLABORATIVE RESEARCH

$667,206

UNIVERSITY OF CALIFORNIA AT DAVIS

Org PageRecipient Profile

Davis, CA

PURPOSE: COLLABORATIVE RESEARCH

$497,853

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: COLLABORATIVE RESEARCH

$371,629

UNIVERSITY OF MINNESOTA

PURPOSE: COLLABORATIVE RESEARCH

$259,801

UNIVERSITY OF PENNSYLVANIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: COLLABORATIVE RESEARCH

$162,378

UNIVERSITY OF NORTH TEXAS

PURPOSE: COLLABORATIVE RESEARCH

$144,247
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Boyce Thompson Institute For Plant Research Inc has recieved totaling $3,608,961.

Awarding OrganizationAmount
Bill & Melinda Gates Foundation

Seattle, WA

PURPOSE: AGRICULTURAL DEVELOPMENT

$3,000,000
Cold Spring Harbor Laboratory

Cold Spring Harbor, NY

PURPOSE: RESEARCH

$195,520
Cold Spring Harbor Laboratory

Cold Spring Harbor, NY

PURPOSE: RESEARCH

$195,520
Foundation For Food And Agriculture Research

Washington, DC

PURPOSE: RESEARCH

$189,794
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: ENVIRONMENT & ANIMAL PROTECTION

$11,150
Broadcom Foundation

Wilmington, DE

PURPOSE: ALLIANCE FOR SCIENCE PROGRAM

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,158,754
Earnings$879,840
Other Expense$111,821
Ending Balance$5,926,773

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