NonprofitsArc Research Institute

Medical Research

Arc Research Institute

PALO ALTO, CA

Total revenue

$122.3M

Total expenses

$82.8M

Net assets

$100.7M

Grants received

$205.6M

19 grants

EIN

871920284

Tax year

2024

Mission

Our mission is to accelerate scientific progress and understand the root causes of complex diseases. This challenge requires researchers across many disciplines to study fundamental biological mechanisms, develop new technologies, and innovate on therapeutic concepts. By doing this, we aim to improve human health by narrowing the gap between discoveries and impact on patients.

Financials

FY 2024

Revenue

Contributions & grants$120.4M
Program service revenue$167K
Investment income$1.7M
Other revenue
Total revenue$122.3M

Expenses

Grants paid$11.3M
Salaries & benefits$24.2M
Fundraising
Other expenses$47.3M
Total expenses$82.8M
Total assets$184.4M
Net assets$100.7M

People

20 listed

NameRoleCompensation

Alden J Woodrow

CHIEF OPERATING OFFICER

Board

$1.1M

40 hrs/wk

Patrick D Hsu PhD

Core Investigator/ Co-Founder

Board

$489K

40 hrs/wk

Julia M Kazaks

GENERAL COUNSEL/ SECRETARY

Board

$479K

40 hrs/wk

Therese A Costello

Head of People

Board

$352K

40 hrs/wk

Lynn M Hendrickson

UNIVERSITY RELATIONS & ACADEMIC AFFAIRS/ COMPLIANCE OFFICER

Board

$344K

40 hrs/wk

Nicolle D Seuss

Senior Operations Program Manager

Board

$290K

40 hrs/wk

Silvana M Konermann PhD

EXECUTIVE DIRECTOR/ PRESIDENT

Board

$246K

40 hrs/wk

Susan T Cull

SENIOR FINANCE MANAGER

Board

$189K

40 hrs/wk

Michael K Teng

HEAD OF FINANCE/ TREASURER (AS OF 7/01/2024)

Board

$151K

40 hrs/wk

Rose E Harris

Finance (until 7/15/24)

Board

$127K

40 hrs/wk

Dave Burke

Chief Technology Officer (as of 10/31/2024)

Board

$66K

40 hrs/wk

Daniel P Dever PhD

Head of Scientific Operations (until 1/26/24)

Board

$63K

40 hrs/wk

Reid Hoffman

Director

Board

$36K

1 hrs/wk

Susan Li

Director

Board

$36K

1 hrs/wk

Nathaniel Friedman

Director

Board

$36K

1 hrs/wk

Yusuf H Roohani PHD

Group lead, machine learning

Staff

$407K

40 hrs/wk

Nianzhen Li PHD

Senior Director, Multi-omics technology development

Staff

$391K

40 hrs/wk

Lingyin Li PHD

Core Investigator

Staff

$334K

40 hrs/wk

Hani Goodarzi PHD

CORE INVESTIGATOR

Staff

$274K

40 hrs/wk

Luke A Gilbert PHD

CORE INVESTIGATOR

Staff

$262K

40 hrs/wk

Independent contractors

Pulse One

Consulting

$1.3M

WilmerHale

Legal Services

$372K

Milltown Partners LP

Marketing

$330K

Arnold & Porter Kaye Scholer LLP

Legal Services

$268K

INNOVIVE LLC

Consulting

$219K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$70.1M
UNRESTRICTED
2024
$250K
GENERAL PROGRAM SUPPORT
2024
$12M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$7M
PUBLIC, SOCIETAL BENEFIT
2023
$2M
PUBLIC, SOCIETAL BENEFIT
2023
$1.9M
For grant recipient's exempt purposes
2023
$600K
TO ADVANCE RESEARCH TO UNDERSTAND COMPLEX HUMAN DISEASES
2023
$65.0M
UNRESTRICTED
2022
$12M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$7.5M
TO ADVANCE RESEARCH TO UNDERSTAND COMPLEX HUMAN DISEASES
2022
$6.9M
TO ADVANCE RESEARCH TO UNDERSTAND COMPLEX HUMAN DISEASES
2022
$3M
GENERAL SUPPORT
2022
$100K
UNRESTRICTED GENERAL SUPPORT
2022
$100K
RESEARCH FELLOWSHIP
2022
$10M
For recipient's exempt purpose
2021
$3M
GENERAL SUPPORT
2021
$2M
PUBLIC, SOCIETAL BENEFIT
2021

Funded by

$205.6M from 11 funders · 19 grants · 2021–2024

Dechomai Foundation Inc

$135.1M · 2 grants · 2022–2024

Vanguard Charitable Endowment Program

$34M · 3 grants · 2021–2023

Crankstart Foundation

$15M · 3 grants · 2022–2023

National Philanthropic Trust

$9M · 2 grants · 2022–2023

Good Ventures Foundation

$6M · 2 grants · 2021–2022

Donor Advised Charitable Giving Inc

$4M · 2 grants · 2021–2023

Lum Foundation

$250K · 1 grant · 2024

Details

EIN871920284
NTEE codeH99
Subsection03
Ruling date2022-01
Formed2021
Employees155
Volunteers12
ARC RESEARCH INSTITUTE — Mission, Financials & Grants Received | Grantivo