Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The N-LOREM Foundation, identified by EIN 84-3288113, is dedicated to creating individualized treatments for patients in the United States suffering from nano-rare diseases caused by genetic mutations, affecting approximately 30 patients worldwide. With an operating budget of $15.8 million and total revenue of $11 million for the 2024 filing year, the organization is supported by various funders, none of which account for 50% or more of its revenue. More information can be found on their website at https://www.nlorem.org.

Mission Statement

N-LOREM'S MISSION IS CREATING INDIVIDUAL TREATMENTS FOR PATIENTS IN THE UNITED STATES WITH NANO-RARE DISEASES CAUSED BY GENETIC MUTATIONS THAT AFFECT APPROXIMATELY 30 PATIENTS IN THE WORLD.
Revenues
$11M
Expenses
$15.8M
Net Income:
-$4.8M
Assets
$12.3M
Liabilities
$5.6M
Net Assets:
+$6.6M
Operating Budget
$15.8M
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
11
Median grant size
$35K
Largest grant received
$2M
J
Joseph Gleeson
Board Member
S
Stanley T Crooke
Board Member
G
Gene Yeo
Board Member

Frequently Asked Questions

What is N-LOREM FOUNDATION’s budget?
In 2024, N-LOREM FOUNDATION reported an annual operating budget of around $15.8 million. More detailed financial information is available to registered users.
What causes does N-LOREM FOUNDATION support?
N-LOREM FOUNDATION supports work in Technology and Genetic conditions and birth defects.
Where does N-LOREM FOUNDATION operate?
N-LOREM FOUNDATION is headquartered in Carlsbad, CA.
Who funded N-LOREM FOUNDATION recently?
In 2024, N-LOREM FOUNDATION received grants from THE WOLVERINE FOUNDATION, TARGET ALS FOUNDATION INC, and THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK. More information on this organization’s funders is available to registered users.
What is the largest grant N-LOREM FOUNDATION received in 2024?
The largest grant to N-LOREM FOUNDATION in 2024 exceeds $2 million.