Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Massachusetts Biotechnology Education Foundation Inc is dedicated to building a sustainable life sciences workforce in the region through educational programs that engage teachers and inspire students, with a strong focus on expansion, opportunity, and diversity. With an operating budget of $3.7 million and total revenue of $3.4 million for the 2024 filing year, the organization is supported by significant funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and AMERICAN ONLINE GIVING FOUNDATION INC. The foundation emphasizes adult education and science, aiming to illuminate the pathway from the classroom to careers.

Mission Statement

MASSBIOED'S MISSION IS TO BUILD A SUSTAINABLE LIFE SCIENCES WORKFORCE IN THE REGION THROUGH EDUCATIONAL PROGRAMS THAT ENGAGE AND EXCITE TEACHERS, INSPIRE, AND PROPEL STUDENTS, AND ILLUMINATE THE PATHWAY FROM THE CLASSROOM TO CAREERS WITH A FOCUS ON EXPANSION, OPPORTUNITY AND DIVERSITY.
Revenues
$3.4M
Expenses
$3.8M
Net Income:
-$370.2K
Assets
$2M
Liabilities
$516.3K
Net Assets:
+$1.4M
Operating Budget
$3.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$62.8K
Largest grant received
$250K
R
Robert Gottlieb
Board Member
R
Ryan Cohlhepp
Board Member
M
Mary Ellen Wiltrout
Board Member

Frequently Asked Questions

What is MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC’s budget?
In 2024, MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC reported an annual operating budget of around $3.7 million. More detailed financial information is available to registered users.
What causes does MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC support?
MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC supports work in Education, Science, and Adult education.
Where does MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC operate?
MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC is headquartered in CAMBRIDGE, MA.
Who funded MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC recently?
In 2025, MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and FIDELITY NON-PROFIT MANAGEMENT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC received in 2024?
The largest grant to MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC in 2024 exceeds $250 thousand.
What is MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC’s reliance on government grants?
MASSACHUSETTS BIOTECHNOLOGY EDUCATION FOUNDATION INC relied on government grants for more than 35% of their total revenue in 2024.