Sanford Burnham Prebys Medical Discovery Institute

Organization Overview

Sanford Burnham Prebys Medical Discovery Institute is located in La Jolla, CA. The organization was established in 1982. 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, Sanford Burnham Prebys Medical Discovery Institute employed 696 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanford Burnham Prebys Medical Discovery Institute 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 06/2020, Sanford Burnham Prebys Medical Discovery Institute generated $116.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $112.6m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

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Board, Officers & Key Employees

Name (title)Compensation
Kristiina Vuori MD PHD
President
$2,599,463
C Randal Mills PHD
CEO
$564,836
Garth Powis PHD
Center Director
$464,625
Michael Jackson PHD
Drug Discovery & Dev, Sr VP
$418,564
Carl Ware PHD
Center Director, Iidc
$405,773
Louis Coffman
Cao & CFO
$390,278

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dpr Construction
Construction Srvices
$666,044
Wilson Sonsini Goodrich
Legal Services
$377,383
Cary Thomas
Consulting
$224,733
Deloitte Touche Llp
Audit Services
$303,117
Fitch Contracting Co
Construction Srvices
$212,900
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$100,963,692
Investment income $3,446,814
Tax Exempt Bond Proceeds $0
Royalties $577,664
Net Rental Income $59,600
Net Gain/Loss on Asset Sales $9,034,985
Net Income from Fundraising Events -$132,900
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $116,730,403

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Sanford Burnham Prebys Medical Discovery Institute has recieved totaling $2,886,181.

Awarding OrganizationAmount
National Gift Annuity Foundation

Jacksonville, FL

PURPOSE: General Support

$555,767
Mayo Clinic Group Return

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$513,969
The V Foundation

Cary, NC

PURPOSE: CANCER RESEARCH

$400,000
Jdrf International

New York, NY

PURPOSE: BETA CELL REGENERATION

$330,000
Mayo Clinic

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$263,225
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$171,400
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$19,914,852
Earnings$4,470,604
Net Contributions$3,687
Other Expense$852,702
Ending Balance$23,536,441

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