LAUNCHBIO INC
AI Summary
LAUNCHBIO INC is a nonprofit organization dedicated to supporting high-growth life science and biotechnology companies, with a mission to foster an ecosystem of innovation that enhances human health and well-being. Operating with a budget of $705.5K and generating total revenue of $833.3K, LAUNCHBIO connects biotech entrepreneurs with essential resources, knowledge, capital, and talent across leading life science hubs in the United States. The organization emphasizes collaboration, equitable access, and inclusiveness while relying on multiple funding sources, with no single funder contributing 50% or more of its revenue.
Mission Statement
LAUNCHBIO, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO IDENTIFYING, COUNSELING, AND SUPPORTING HIGH-GROWTH, HIGH-IMPACT LIFE SCIENCE AND BIOTECHNOLOGY COMPANIES. ITS MISSION IS TO BUILD AN ECOSYSTEM OF INNOVATION THAT ADVANCES HUMAN HEALTH AND WELL-BEING BY CONNECTING BIOTECH ENTREPRENEURS WITH CRITICAL RESOURCESKNOWLEDGE, CAPITAL, AND TALENTACROSS THE NATION'S LEADING LIFE SCIENCE HUBS. LAUNCHBIO FOSTERS COLLABORATION, STRENGTHENS ENTREPRENEURIAL ECOSYSTEMS, AND PROMOTES EQUITABLE ACCESS TO OPPORTUNITIES WITHIN THE BIOTECH COMMUNITY, WITH A COMMITMENT TO DIVERSITY AND INCLUSIVENESS AS FOUNDATIONAL PRINCIPLES.
Cause Areas
2
Health
Community and economic development
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is LAUNCHBIO INC’s budget?
In 2024, LAUNCHBIO INC reported an annual operating budget of around $706 thousand. More detailed financial information is available to registered users.
What causes does LAUNCHBIO INC support?
LAUNCHBIO INC supports work in Health and Community and economic development.
Where does LAUNCHBIO INC operate?
LAUNCHBIO INC is headquartered in SAN DIEGO, CA.
Who funded LAUNCHBIO INC recently?
In 2024, LAUNCHBIO INC received grants from RICHARD KING MELLON FOUNDATION, SOUTHWESTERN MEDICAL FOUNDATION, and GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC. More information on this organization’s funders is available to registered users.
What is the largest grant LAUNCHBIO INC received in 2024?
The largest grant to LAUNCHBIO INC in 2024 exceeds $165 thousand.
What is LAUNCHBIO INC’s reliance on government grants?
LAUNCHBIO INC relied on government grants for more than 40% of their total revenue in 2024.