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Nonprofiteer
← FOUNDATION FOR BIOMEDICAL RESEARCH

Form 990 for tax year 2025

Filed by FOUNDATION FOR BIOMEDICAL RESEARCH.

Totals

Total revenue
$1,931,597
Total expenses
$1,205,880
Contributions and grants received
$632,881
Grants paid
$0
Program service revenue
$0
Investment income
$1,298,716
Other revenue
$0
Total assets, end of year
$23,139,155
Total liabilities, end of year
$1,253,749
Net assets or fund balances, end of year
$21,885,406
Program services expenses (Part IX)
$849,866
Management and general expenses
$201,010
Fundraising expenses
$155,004
Program service expenses (Part III)
$849,866

Program services were 70.5% 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

    $632,881

  • 3 · Investment income

    total $1,017,664 · related or exempt $1,017,664

  • 7a · Gross sales of assets other than inventory

    securities $5,255,119

  • 7b · Less cost or other basis and sales expenses

    securities $4,974,067

  • 7c · Gain or loss

    securities $281,052

  • 7d · Net gain or loss

    total $281,052 · related or exempt $281,052

Functional expenses

Part IX, the statement of functional expenses.

  • 6 · Compensation of disqualified persons

    total $489,543 · program services $327,873 · management and general $75,390 · fundraising $86,280

  • 8 · Pension plan contributions

    total $46,516 · program services $31,165 · management and general $7,164 · fundraising $8,187

  • 9 · Other employee benefits

    total $39,003 · program services $26,132 · management and general $6,006 · fundraising $6,865

  • 10 · Payroll taxes

    total $34,512 · program services $23,123 · management and general $5,315 · fundraising $6,074

  • 11c · Fees: accounting

    total $55,974 · management and general $55,974

  • 12 · Advertising and promotion

    total $206,907 · program services $193,023 · management and general $6,338 · fundraising $7,546

  • 14 · Information technology

    total $8,546 · program services $5,724 · management and general $1,316 · fundraising $1,506

  • 16 · Occupancy

    total $106,819 · program services $71,547 · management and general $16,450 · fundraising $18,822

  • 19 · Conferences, conventions and meetings

    total $27,026 · program services $18,102 · management and general $4,162 · fundraising $4,762

  • 22 · Depreciation, depletion and amortization

    total $2,696 · program services $1,806 · management and general $415 · fundraising $475

  • 23 · Insurance

    total $32,128 · program services $21,519 · management and general $4,948 · fundraising $5,661

  • 24a · Other expenses: COMMUNICATIONS

    total $106,119 · program services $96,305 · management and general $9,814

  • 24b · Other expenses: MISCELLANEOUS

    total $20,502 · program services $13,729 · management and general $3,161 · fundraising $3,612

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $10,953 · program services $7,336 · management and general $1,687 · fundraising $1,930

  • 24d · Other expenses: TELEPHONE

    total $7,519 · program services $5,036 · management and general $1,158 · fundraising $1,325

  • 24e · All other expenses

    total $11,117 · program services $7,446 · management and general $1,712 · fundraising $1,959

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,401,057 · end of year $2,441,835

  • 4 · Accounts receivable

    end of year $8,472

  • 10a · Land, buildings and equipment: cost or other basis

    $125,115

  • 10b · Land, buildings and equipment: accumulated depreciation

    $106,077

  • 10c · Land, buildings and equipment, net

    beginning of year $8,008 · end of year $19,038

  • 11 · Investments: publicly traded securities

    beginning of year $17,782,940 · end of year $19,946,371

  • 15 · Other assets

    beginning of year $783,096 · end of year $723,439

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,629 · end of year $67,705

  • 25 · Other liabilities

    beginning of year $1,070,800 · end of year $1,186,044

  • 27 · Net assets without donor restrictions

    beginning of year $19,677,672 · end of year $21,685,406

  • 28 · Net assets with donor restrictions

    beginning of year $170,000 · end of year $200,000

Mission and programs · 2025

Mission

CREATE AND DISSEMINATE EDUCATIONAL MATERIALS TO THE GENERAL PUBLIC, THE MEDIA, STUDENTS, AND THE RESEARCH COMMUNITY THAT DESCRIBES THE ESSENTIAL ROLE HUMANE AND RESPONSIBLE ANIMAL RESEARCH PLAYS IN CONTINUED MEDICAL PROGRESS.

Activities or mission (Part I)

CREATES & DISSEMINATES EDUCATIONAL MATERIALS TO THE GENERAL PUBLIC, THE MEDIA, STUDENTS AND THE RESEARCH COMMUNITY THAT DESCRIBES THE ESSENTIAL ROLE HUMANE AND RESPONSIBLE ANIMAL RESEARCH PLAYS IN CONTINUED MEDICAL PROGRESS.

  • MEDIA AND PUBLIC RELATIONS - THE FOUNDATION SERVES AS A SPOKESPERSON FOR THE COMMUNITY ON ANIMAL RESEARCH BY PROMOTING A PUBLIC UNDERSTANDING THROUGH VARIOUS MEDIA OUTLETS.

    Expenses $588,770

  • JOURNALS AND PAMPHLETS-THE FOUNDATION PUBLISHES VARIOUS JOURNALS AND PAMPHLETS DESIGNED TO EDUCATE PEOPLE AS TO THE BENEFITS PROVIDED BY BIOMEDICAL RESEARCH. PREPARES MATERIALS TO DISSEMINATE INFORMATION REGARDING ROLE OF BIOMEDICAL RESEARCH TO THE SCIENTIFIC COMMUNITY.

    Expenses $157,239

  • TRAVEL & MEETINGS-THE FOUNDATION PROMOTES THE IMPORTANCE OF BIOMEDICAL RESEARCH BY ATTENDING MEETINGS & CONVENTIONS WHERE THEY SPEAK ABOUT ISSUES RELATED TO SUCH RESEARCH.

    Expenses $103,857

As filed on the 2025 return.

Listed in Part VII

  • JAMES ALLAN

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • LENORE COONEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • HENRY FRIEDMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • SUE VANDEWOUDE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CORINNA BEALE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JOANNE KUTZBERG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JOHN E NIEDERHUBER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ARTHUR RUBENSTEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CAROL SCHEMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • OSWALD STEWARD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • SUZANNA GREER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • ELENA FUENTES-AFFLICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • AMY CIANCIARUSO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW BAILEY

    PRESIDENT

    Total calculated
    $199,375
    From this org
    $199,375
    From related orgs
    $0
    Other
    $0
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $199,375
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $199,375

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
9 June 2026
IRS schema version
2025v4.1
Source object
202641639349300334

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