NonprofitsGates Medical Research Institute

Health Care

Gates Medical Research Institute

CAMBRIDGE, MA

Total revenue

$132.8M

Total expenses

$341.1M

Net assets

$546.7M

Grants received

$310.3M

13 grants

EIN

821808476

Tax year

2024

Mission

The gates mri engages directly in the conduct of medical research in conjunction with one or more hospitals for the purpose of addressing major causes of illness and death in low-and lower-middle-income countries.

Programs

1 program

The gates mri's largest program area focuses on reducing the burden of tuberculosis through the research and development of novel therapeutics and vaccine candidates, including through the conduct of clinical trials.

Expenses: $204.4M

Financials

FY 2024

Revenue

Contributions & grants$131.9M
Program service revenue
Investment income$857K
Other revenue$60K
Total revenue$132.8M

Expenses

Grants paid
Salaries & benefits$66.4M
Fundraising
Other expenses$274.8M
Total expenses$341.1M
Total assets$613.2M
Net assets$546.7M

People

17 listed

NameRoleCompensation

HARISH KAUSHAL

TREASURER

Board

$713K

40 hrs/wk

PATRICE MATCHABA

CHIEF EXECUTIVE OFFICER (START 6/24)

Board

$584K

40 hrs/wk

SALLY JENNINGS

SECRETARY

Board

$446K

40 hrs/wk

EMILIO EMINI

CHIEF EXECUTIVE OFFICER (END 6/24)

Board

$427K

40 hrs/wk

TREVOR MUNDEL

DIRECTOR, BOARD CHAIR

Board

3 hrs/wk

HELENE MADONICK

DIRECTOR (END 12/24)

Board

2 hrs/wk

GAGANDEEP KANG

DIRECTOR

Board

2 hrs/wk

TONI HOOVER

DIRECTOR

Board

2 hrs/wk

CAROLYN AINSLIE

DIRECTOR

Board

2 hrs/wk

MICHAEL DUNNE

CHIEF MEDICAL OFFICER (END 12/24)

Staff

$812K

40 hrs/wk

DEBRA WEISS

CHIEF OPERATING OFFICER

Staff

$691K

40 hrs/wk

JARED SILVERMAN

HEAD OF TRANSLATIONAL DISCOVERY

Staff

$573K

40 hrs/wk

PIPER TRELSTAD

HEAD OF CHEM, MANUFAC, & CONTROLS

Staff

$549K

40 hrs/wk

CHARLES WELLS

HEAD OF THERAPEUTICS DEVELOPMENT

Staff

$523K

40 hrs/wk

ALEXANDER SCHMIDT

HEAD OF DEVELOPMENT

Staff

$496K

40 hrs/wk

MARLA CURRAN

HEAD OF BIOSTATISTICS & DATA SCIENCE

Staff

$480K

40 hrs/wk

CLAIRE WAGNER

HEAD OF CORP STRAT & MKT ACCESS

Staff

$463K

40 hrs/wk

Independent contractors

IQVIA RDS INC

CLINICAL RESEARCH ORGANIZATION

$76.4M

BARC SA

CLINICAL LAB SERVICES

$19.8M

LOGIX INC

SUPPLEMENTAL STAFFING AND CONSULTING SER

$15.1M

PPD DEVELOPMENT LP

CLINICAL RESEARCH ORGANIZATION

$11.7M

BEACON HILL STAFFING GROUP LLC

CONTINGENT WORKERS

$7.6M

Grants received

Showing 13 of 13

FromAmountPurposeYear
$276.6M
ENTERICS, DIAGNOSTICS, GENOMICS & EPIDEMIOLOGY; MALARIA; MATERNAL, NEWBORN, CHILD NUTRITION AND HEALTH; PNEUMONIA & PANDEMIC PREPAREDNESS; RESEARCH AND LEARNING OPPORTUNITIES; TUBERCULOSIS; VACCINE DEVELOPMENT
2024
$15.6M
GENERAL OPERATING SUPPORT - IN KIND
2024
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021
$18M
COVID-19 THERAPEUTICS
2020
$27K
Unrestricted
2020
$18K
For grant recipient's exempt purposes
2020
$6K
General Support
2020
$47K
For grant recipient's exempt purposes
2019
$6K
For grant recipient's exempt purposes
2018

Funded by

$310.3M from 7 funders · 13 grants · 2018–2024

Gates Foundation

$292.2M · 2 grants · 2024

Gates Philanthropy Partners

$18M · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$85K · 5 grants · 2018–2021

Donor Advised Charitable Giving Inc

$42K · 2 grants · 2018–2019

Network For Good

$27K · 1 grant · 2020

Paypal Charitable Giving Fund

$6K · 1 grant · 2020

Details

EIN821808476
NTEE codeE05
Subsection03
Ruling date2018-08
Formed2017
Employees175
Volunteers0
GATES MEDICAL RESEARCH INSTITUTE — Mission, Financials & Grants Received | Grantivo