Overview

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Est.

1997

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Foundation for Applied Molecular Evolution Inc, with EIN 59-3471957, is dedicated to fostering scientific and technological research among a select group of molecular and life scientists, aiming to address opportunities in commerce and medicine. Operating with a budget of $3.7 million and generating total revenue of $4.8 million in the 2024 filing year, the foundation relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.ffame.org.

Mission Statement

THE FOUNDATION PROVIDES AN INNOVATIVE ENVIRONMENT TO HOST THE SCIENTIFIC AND TECHNOLOGICAL RESEARCH OF A SMALL GROUP OF SELECTED MOLECULAR AND LIFE SCIENTISTS TO MEET OPPORTUNITIES IN COMMERCE AND MEDICINE.
Revenues
$4.8M
Expenses
$3.8M
Net Income:
+$921.8K
Assets
$2.7M
Liabilities
$62.9K
Net Assets:
+$2.6M
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
2
Median grant size
$837K
Largest grant received
$1.1M
S
Steven Benner
Board Member
N
Nigel Richards
Board Member
A
Andrew Ellington
Board Member

Frequently Asked Questions

What is FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC’s budget?
In 2024, FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC reported an annual operating budget of around $3.7 million. More detailed financial information is available to registered users.
What causes does FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC support?
FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC supports work in Biology and Scholarships & Financial Aid.
Where does FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC operate?
FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC is headquartered in Alachua, FL.
Who funded FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC recently?
In 2018, FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC received grants from JOHN TEMPLETON FOUNDATION, JOHN TEMPLETON FOUNDATION, and JOHN TEMPLETON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC received in 2018?
The largest grant to FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC in 2018 exceeds $1.1 million.
What is FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC’s reliance on government grants?
FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC relied on government grants for more than 60% of their total revenue in 2024.