Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical

Organization Overview

Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical, operating under the name The Lundquist Institute, is located in Torrance, CA. The organization was established in 1954. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 06/2021, Lundquist Institute employed 780 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lundquist 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 06/2021, Lundquist Institute generated $88.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $90.5m during the year ending 06/2021. While expenses have increased by 3.1% 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 2020, Lundquist Institute has awarded 92 individual grants totaling $13,540,097. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN BIOMEDICAL RESEARCH, EDUCATE, AND PROVIDE COMMUNITY HEALTH SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL RESEARCH: MEDICAL RESEARCH, SPONSORED BY THE NATIONAL INSTITUTES OF HEALTH AND OTHER FEDERAL, STATE AND PRIVATE AGENCIES, COVERING MANY DIVERSE MEDICAL AND SCIENTIFIC AREAS OF INTEREST IN HUMAN HEALTH.


HEALTH CARE PROGRAM: LUNDQUIST INSTITUTE CLINICAL OUTREACH INCLUDES WOMEN, INFANTS AND CHILDREN (WIC) CLINICS, PARTICIPATION IN THE SOUTH LOS ANGELES BEST BABIES COLLABORATIVE, IMMUNIZE LA KIDS COALITION, NEWBORN SCREENING PROGRAM, PERINATAL ACCESS PROGRAM, A WOMEN'S HEALTHCARE CLINIC, AND VARIOUS EDUCATIONAL PROGRAMS.


SCIENCE & TECHNOLOGY: TRAINING OF MEDICAL STUDENTS, INTERNS, RESIDENTS, AND POST GRADUATES.


OTHER PROGRAM SERVICES: INCLUDES SALES OF BIOMEDICAL SERVICES AND PRODUCTS AND ROYALTY PAYMENTS TO INVENTORS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
David I Meyer PHD
President & CEO
$647,700
Keith Hoffman PHD
VP Development
$424,947
Richard Katzman
Exec VP & COO
$375,590
Joaquin Madrenas MD
VP & Cso
$351,346
Jerome I Rotter MD
Board Member/investigator
$331,500
Alexander Kramer
VP & CFO
$315,000

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Upside Crenshaw Holding Llc
Property Management
$461,482
Compton Commercial Redevelopment
Property Management
$175,800
Paramount East Center Lp
Property Management
$153,492
Fenwick & West Llp
Professional Services
$140,372
Pillsbury Winthrop Shaw Pittman Llp
Professional Services
$131,685
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $65,555,142
All other contributions, gifts, grants, and similar amounts not included above$8,875,280
Noncash contributions included in lines 1a–1f $10,691
Total Revenue from Contributions, Gifts, Grants & Similar$74,430,422
Total Program Service Revenue$2,866,146
Investment income $813,628
Tax Exempt Bond Proceeds $0
Royalties $10,238,522
Net Rental Income $0
Net Gain/Loss on Asset Sales $500,892
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $88,849,610

Grants Awarded

Over the last fiscal year, Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical has awarded $3,510,482 in support to 29 organizations.

Grant RecipientAmount

REGENTS OF UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: SUPPORT GENERAL OPERATIONS

$539,414

UNIVERSITY OF CALIFORNIA DAVIS

Org PageRecipient Profile

Davis, CA

PURPOSE: SUPPORT GENERAL OPERATIONS

$420,848

WASHINGTON UNIVERSITY

Org PageRecipient Profile

Saint Louis, MO

PURPOSE: SUPPORT GENERAL OPERATIONS

$375,317

NOVADIGM THERAPEUTICS INC

PURPOSE: SUPPORT GENERAL OPERATIONS

$350,799

UNIVERSITY OF GEORGIA

PURPOSE: SUPPORT GENERAL OPERATIONS

$271,979

UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTON

PURPOSE: SUPPORT GENERAL OPERATIONS

$137,769
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Lundquist Institute For Biomedical Innovation At Harbor-Ucla Medical has recieved totaling $3,795,627.

Awarding OrganizationAmount
Jdrf International

New York, NY

PURPOSE: MISSION

$1,358,963
Steven & Alexandra Cohen Foundation Inc

Stamford, CT

PURPOSE: RESEARCH

$783,400
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$659,834
American Heart Association Inc

Dallas, TX

PURPOSE: RESEARCH

$299,997
Cure Sanfilippo Foundation

Columbia, SC

PURPOSE: Open-label pilot study

$222,463
Food Forward Inc

North Hollywood, CA

PURPOSE: FRESH PRODUCE DONATION

$131,757
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,764,000
Earnings$2,107,699
Net Contributions$35,301
Ending Balance$6,907,000

Create an account to unlock the data you need.

or