NonprofitsMed Aditus Foundation Inc

Health Care

Med Aditus Foundation Inc

RALEIGH, NC

Total revenue

$534K

Total expenses

$223K

Net assets

$201K

Grants received

$875K

5 grants

EIN

844097890

Tax year

2024

Mission

We seek to partner with sub-saharan african nations, international agencies, and private sector organizations to build a state-of-the-art pharmaceutical product development and manufacturing facility and a secure distribution network, with the end goal of improving patients' access to affordable high-quality medicines. This endeavor will be a stepping stone to building the technical capabilities and human capacity required for sustained access to locally-manufactured medicines. We also aim to forge strategic partnerships with local governments and academic institutions to develop targeted education and training programs that will facilitate the growth of a knowledgeable and talented workforce.

Financials

FY 2024

Revenue

Contributions & grants$534K
Program service revenue
Investment income
Other revenue
Total revenue$534K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$223K
Total expenses$223K
Total assets$417K
Net assets$201K

People

11 listed

NameRoleCompensation

W MARK CROWELL

DIRECTOR

Board

1 hrs/wk

ROBERT A BLOUIN PHARMD

DIRECTOR

Board

1 hrs/wk

PAPE GAYE

DIRECTOR

Board

1 hrs/wk

RONALD P STRAUSS DMD PHD

DIRECTOR

Board

1 hrs/wk

NGOZI BELL

DIRECTOR

Board

1 hrs/wk

P KAY WAGONER PHD

DIRECTOR

Board

1 hrs/wk

STEVE HAMMOND

DIRECTOR

Board

1 hrs/wk

ELIZABETH MARY OKELO

DIRECTOR

Board

1 hrs/wk

LAZARUS O AMAYO MA

DIRECTOR

Board

1 hrs/wk

SACHIKO OZAWA PHD

DIRECTOR

Board

1 hrs/wk

DAVID S ROUTH BA

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$520K
UNRESTRICTED GENERAL SUPPORT
2024
$150K
UNRESTRICTED GENERAL SUPPORT
2023
$95K
UNRESTRICTED GENERAL SUPPORT
2022
$100K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
GENERAL OPERATING SUPPORT
2020

Funded by

$875K from 2 funders · 5 grants · 2020–2024

Morgan Stanley Global Impact Funding Trust Inc

$865K · 4 grants · 2020–2024

Fjc

$10K · 1 grant · 2020

Details

EIN844097890
NTEE codeE99
Subsection03
Ruling date2020-07
Formed2020
Employees0
Volunteers90
MED ADITUS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo