FORWARD BIOLABS INC
AI Summary
FORWARD BIOLABS INC is a nonprofit organization focused on advancing biology through translational research and fostering economic development in Wisconsin. With an operating budget of $772.9K and total revenue of $926.3K for the filing year 2024, the organization operates a state-of-the-art laboratory that supports early-stage biotechnology companies affiliated with the University of Wisconsin-Madison. Key funders include the MADISON GAS AND ELECTRIC FOUNDATION INC and the FRIENDS FOREVER FOUNDATION, with no single funder providing 50% or more of its revenue.
Mission Statement
TO ACCELERATE TRANSLATIONAL RESEARCH, SPARK STATE-WIDE ECONOMIC DEVELOPMENT AND CREATE JOBS THROUGH OPERATING A FULLY-SUPPORTED, STATE-OF-THE ART LABORATORY TO BE SHARED BY INNOVATIVE, EARLY-STAGE BIOTECHNOLOGY COMPANIES ASSOCIATED WITH THE UNIVERSITY OF WISCONSIN-MADISON AND OTHER LIFE-SCIENCE RESEARCH ORGANIZATIONS. ADDITIONALLY, FORWARD BIOLABS PROVIDES EDUCATION AND MENTORING TO EARLY-STAGE, BIOTECHNOLOGY COMPANIES ENGAGED IN TRANSLATIONAL LIFE-SCIENCE RESEARCH.
Cause Areas
1
Biology
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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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Funder
Total Funding
Funding Share
MADISON GAS AND ELECTRIC FOUNDATION INC
Madison, WI, US
$500K
11%
FRIENDS FOREVER FOUNDATION
Clayton, MO, US
$30K
75%
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- 2 funders
- 9 board & team members
- 6 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is FORWARD BIOLABS INC’s budget?
In 2024, FORWARD BIOLABS INC reported an annual operating budget of around $773 thousand. More detailed financial information is available to registered users.
What causes does FORWARD BIOLABS INC support?
FORWARD BIOLABS INC supports work in Biology.
Where does FORWARD BIOLABS INC operate?
FORWARD BIOLABS INC is headquartered in MADISON, WI.
Who funded FORWARD BIOLABS INC recently?
In 2021, FORWARD BIOLABS INC received grants from MADISON GAS AND ELECTRIC FOUNDATION INC, FRIENDS FOREVER FOUNDATION, and MADISON GAS AND ELECTRIC FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FORWARD BIOLABS INC received in 2021?
The largest grant to FORWARD BIOLABS INC in 2021 exceeds $100 thousand.
What is FORWARD BIOLABS INC’s reliance on government grants?
FORWARD BIOLABS INC relied on government grants for less than 5% of their total revenue in 2024.