NonprofitsIgem Foundation Inc

Science & Technology

Igem Foundation Inc

CAMBRIDGE, MA

Total revenue

$6.5M

Total expenses

$6.3M

Net assets

$431K

Grants received

$1.8M

8 grants

EIN

452313408

Tax year

2024

Mission

The international genetically engineered machine (igem) foundation is dedicated to education and competition, advancement of synthetic biology, and the development of open community and collaboration. The igem foundation fosters scientific research and education through organizing and operating the igem competition, the premier student synthetic biology competition. It also fosters scientific research and education by establishing and operating the registry of standard biological parts, a community collection of biological components. The organization promotes the advancement of science and education by developing an open community of students and practitioners in schools, laboratories, research institutes, and industry. The igem community has a long history of involving students and the public in the development of the new field of synthetic biology.

Financials

FY 2024

Revenue

Contributions & grants$150K
Program service revenue$6.3M
Investment income$20K
Other revenue
Total revenue$6.5M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$5.1M
Total expenses$6.3M
Total assets$1.7M
Net assets$431K

People

11 listed

NameRoleCompensation

RANDALL RETTBERG

PRESIDENT (THRU 7/16/24)/DIRECTOR

Board

20 hrs/wk

THOMAS KNIGHT

TREASURER

Board

1 hrs/wk

ARIEL LINDNER

DIRECTOR

Board

1 hrs/wk

DREW ENDY

DIRECTOR

Board

1 hrs/wk

JOHN CUMBERS

DIRECTOR

Board

1 hrs/wk

KING CHOW

DIRECTOR

Board

1 hrs/wk

MEGAN PALMER

DIRECTOR (THRU 11/18/24)

Board

1 hrs/wk

PAM SILVER

DIRECTOR (THRU 3/24/24)

Board

1 hrs/wk

RICHARD JOHNSON

DIRECTOR

Board

1 hrs/wk

NAN ZHANG

EXECUTIVE VICE PRESIDENT (AS OF 10/27/24)

Board

5 hrs/wk

NEMANJA STIJEPOVIC

PRESIDENT & CEO (AS OF 7/17/24) (EVP/COO THRU 7/16/24)

Board

20 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$100K
For grant recipient's exempt purposes
2023
$195K
IGEM CIRCULAR BIOECONOMY
2022
$100K
For grant recipient's exempt purposes
2022
$100K
For grant recipient's exempt purposes
2021
$100K
For grant recipient's exempt purposes
2021
$66K
SPONSORSHIP OF 12 IGEM TEAMS TO COMPETE
2020
$150K
SAFETY & SECURITY PROGRAM
2017

Funded by

$1.8M from 5 funders · 8 grants · 2017–2023

Silicon Valley Community Foundation

$940K · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$400K · 4 grants · 2021–2023

The Eric And Wendy Schmidt Fund For

$195K · 1 grant · 2022

Good Ventures Foundation

$150K · 1 grant · 2017

Revive & Restore

$66K · 1 grant · 2020

Details

EIN452313408
NTEE codeU03
Subsection03
Ruling date2013-09
Formed2011
Employees2
Volunteers8
IGEM FOUNDATION INC — Mission, Financials & Grants Received | Grantivo