Totals
- Total revenue
- $2,105,285
- Total expenses
- $2,276,741
- Contributions and grants received
- $2,060,221
- Grants paid
- $39,902
- Program service revenue
- $0
- Investment income
- $45,064
- Other revenue
- $0
- Total assets, end of year
- $1,840,279
- Total liabilities, end of year
- $194,614
- Net assets or fund balances, end of year
- $1,645,665
- Program services expenses (Part IX)
- $1,481,766
- Management and general expenses
- $392,264
- Fundraising expenses
- $402,711
- Program service expenses (Part III)
- $1,481,766
Program services were 65.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,060,221
-
3 · Investment income
total $45,064 · excluded $45,064
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $19,000 · program services $19,000
-
2 · Grants to domestic individuals
total $20,902 · program services $20,902
-
5 · Compensation of officers, directors and key employees
total $372,268 · program services $260,587 · management and general $37,227 · fundraising $74,454
-
7 · Other salaries and wages
total $682,415 · program services $459,047 · management and general $33,793 · fundraising $189,575
-
8 · Pension plan contributions
total $32,222 · program services $21,659 · management and general $1,586 · fundraising $8,977
-
9 · Other employee benefits
total $105,169 · program services $65,647 · management and general $10,992 · fundraising $28,530
-
10 · Payroll taxes
total $66,480 · program services $46,353 · management and general $4,573 · fundraising $15,554
-
11b · Fees: legal
total $13,445 · management and general $13,445
-
11c · Fees: accounting
total $71,170 · management and general $71,170
-
11e · Fees: professional fundraising services
total $4,200 · fundraising $4,200
-
11g · Fees: other
total $357,279 · program services $184,751 · management and general $138,308 · fundraising $34,220
-
13 · Office expenses
total $28,465 · program services $6,992 · management and general $21,473
-
14 · Information technology
total $11,427 · program services $1,142 · management and general $6,385 · fundraising $3,900
-
16 · Occupancy
total $157,063 · program services $103,623 · management and general $13,819 · fundraising $39,621
-
17 · Travel
total $51,455 · program services $29,221 · management and general $22,234
-
19 · Conferences, conventions and meetings
total $274,407 · program services $262,842 · management and general $7,885 · fundraising $3,680
-
22 · Depreciation, depletion and amortization
total $9,374 · management and general $9,374
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $299,059 · end of year $283,153
-
2 · Savings and temporary cash investments
beginning of year $1,534,065 · end of year $1,367,727
-
4 · Accounts receivable
beginning of year $42,500 · end of year $91,086
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $0
-
14 · Intangible assets
beginning of year $19,500 · end of year $13,500
-
15 · Other assets
beginning of year $225,429 · end of year $84,813
-
17 · Accounts payable and accrued expenses
beginning of year $74,850 · end of year $108,007
-
25 · Other liabilities
beginning of year $228,582 · end of year $86,607
-
27 · Net assets without donor restrictions
beginning of year $1,817,121 · end of year $1,645,665
Mission and programs · 2025
Mission
THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE. WE SUPPORT AND EMPOWER BRILLIANT LIFE SCIENCE LEADERS TO ADVANCE GROUNDBREAKING, PATIENT-CENTERED SOLUTIONS.
Activities or mission (Part I)
THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE BY EMPOWERING THE NEXT GENERATION OF GLOBAL LIFE SCIENCE LEADERS. WE ADDRESS A CRITICAL GAP IN THE INDUSTRYTHE HUMAN VARIABLEBY CULTIVATING AND PROVIDING TAILORED SUPPORT TO A DIVERSE COMMUNITY OF LIFE SCIENCE INNOVATORS AND VISIONARIES DEDICATED TO IMPROVING PATIENT LIVES AND TACKLING THE WORLD'S MOST PRESSING HEALTHCARE CHALLENGES. OUR VALUES-DRIVEN PROGRAMMING ENRICHES THE CORE ATTRIBUTES ESSENTIAL FOR TRANSFORMATIVE INNOVATION: RESPONSIBILITY, PASSION, CREATIVITY, HUMILITY, AND CONNECTIVITY. OUR PROGRAMS NURTURE TALENT ACROSS ALL CAREER STAGESFROM EMERGING PIONEERS TO ESTABLISHED EXPERTSSPANNING INDUSTRY AND ACADEMIA.
-
TO DATE, OVER 100 LEADERS FROM NINE COUNTRIES AND SIX STATES HAVE BENEFITTED FROM THE TERMEER INSTITUTE'S GROWING LEADERSHIP PROGRAMS. WE HAVE ALSO EXPANDED OUR NETWORK TO INCLUDE TERMEER SCHOLARS, ACADEMIC AND NON-PROFIT LEADERS SEEKING TO SCALE AND DISSEMINATE THEIR KNOWLEDGE TO IMPACT PATIENTS. IN 2025, WE ADDED NINE NEW SCHOLARS TO OUR NETWORK FOR A TOTAL OF 14 TERMEER SCHOLARS ACROSS THE US AND AFRICA. IN 2025, WE UPDATED THE SCHOLARS PROGRAM TO A COHORT MODEL TO FOCUS ON LEADERSHIP AND RESEARCH TRANSLATION SKILL DEVELOPMENT, IN REPONSE TO FEEDBACK FROM PRIOR YEAR SCHOLARS. IN 2025, THE TERMEER INSTITUTE TEAM CONTINUED TO BUILD ITS VALUES-BASED LEADERSHIP MODEL- DELIVERING 25 LEARNING SESSIONS, AWARDING 20 MICRO GRANTS FOR PROFESSIONAL LEADERSHIP DEVELOPMENT, PROVIDING 150 1:1 COACHING HOURS WITH CONSULTANTS AND EXECUTIVE COACHES, CREATING 200+ MENTORING AND ADVISING RELATIONSHIPS WITHIN THE TERMEER NETWORK, PROVIDING 100 HOURS OF VALUES-DRIVEN LEADERSHIP PROGRAMMING, AND ORGANIZING OVER 15 IN-PERSON NETWORKING OPPORTUNITIES TO CREATE CONNECTIONS. THE TERMEER INSTITUTE IS COMMITTED TO ENSURING THE INCLUSIVENESS OF ITS NETWORK, PARTICULARLY IN RECOGNITION OF THE UNDERREPRESENTATION OF WOMEN, PEOPLE WITH DISABILITIES, LGBTQIA+ AND BLACK, BROWN AND INDIGENOUS PEOPLE OF COLOR AT THE EXECUTIVE LEVEL WITHIN THE BIOPHARMACEUTICAL INDUSTRY.
Expenses $1,481,766 · Grants $39,902
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Belinda TermeerBELINDA TERMEER
PRESIDENT, SECRETARY, CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan WaltsALAN WALTS
TREASURER, CO-FOUNDER
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah DunsireDEBORAH DUNSIRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Geoff McDonoughGEOFF MCDONOUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul HastingsPAUL HASTINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel De BoerDANIEL DE BOER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John MaraganoreJOHN MARAGANORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joan ReedeJOAN REEDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alice PomponioALICE POMPONIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Gail MaderisGAIL MADERIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Catharine SmithCATHARINE SMITH
CEO
- Total calculated
- $372,268
- From this org
- $338,830
- From related orgs
- $0
- Other
- $33,438
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $282,318
- Bonus
- $56,512
- Other
- $0
- Deferred
- $15,780
- Nontaxable benefits
- $17,658
- Filer's total
- $372,268
-
Christine ColeCHRISTINE COLE
SENIOR DIRECTOR, PHILANTHROPY
- Total calculated
- $272,621
- From this org
- $234,939
- From related orgs
- $0
- Other
- $37,682
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $230,633
- Bonus
- $4,306
- Other
- $0
- Deferred
- $11,086
- Nontaxable benefits
- $26,596
- Filer's total
- $272,621
-
Erica Mawby-RocheERICA MAWBY-ROCHE
SENIOR DIRECTOR OF PROGRAM
- Total calculated
- $198,729
- From this org
- $168,561
- From related orgs
- $0
- Other
- $30,168
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,801
- Bonus
- $1,760
- Other
- $0
- Deferred
- $10,120
- Nontaxable benefits
- $20,048
- Filer's total
- $198,729
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
BIOINNOVATION LABS LLC
$10,000
SPONSORSHIP
-
SPONSORSHIP
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 12 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611329349301711
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.