NonprofitsTermeer Institute Inc

Medical Research

Termeer Institute Inc

MARBLEHEAD, MA

Total revenue

$3.5M

Total expenses

$2.4M

Net assets

$1.8M

Grants received

$2.9M

15 grants

EIN

833891656

Tax year

2024

Mission

The termeer institute is a catalyst for innovation that brings life-changing treatments to patients worldwide by empowering the next generation of global life science leaders. We address a critical gap in the industrythe human variableby cultivating and providing tailored support to a diverse community of life science innovators and visionaries dedicated to improving patient lives and tackling the world's most pressing healthcare challenges. Our values-driven programming enriches the core attributes essential for transformative innovation: responsibility, passion, creativity, humility, and connectivity. Our programs nurture talent across all career stagesfrom emerging pioneers to established expertsspanning industry and academia.

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue
Investment income$60K
Other revenue
Total revenue$3.5M

Expenses

Grants paid$181K
Salaries & benefits$1.1M
Fundraising$456K
Other expenses$998K
Total expenses$2.4M
Total assets$2.1M
Net assets$1.8M

People

12 listed

NameRoleCompensation

CATHARINE SMITH

EXECUTIVE DIRECTOR

Board

$333K

40 hrs/wk

GEOFF MCDONOUGH

DIRECTOR

Board

0.5 hrs/wk

PAUL HASTINGS

DIRECTOR

Board

0.5 hrs/wk

GAIL MADERIS

DIRECTOR

Board

0.5 hrs/wk

BELINDA TERMEER

PRESIDENT & CLERK

Board

0.5 hrs/wk

ALICE POMPONIO

DIRECTOR

Board

0.5 hrs/wk

JOAN REEDE

DIRECTOR

Board

0.5 hrs/wk

JOHN MARANGANORE

DIRECTOR

Board

0.5 hrs/wk

ALAN WALTS

TREASURER

Board

0.5 hrs/wk

DEBORAH DUNSIRE

DIRECTOR

Board

0.5 hrs/wk

CHRISTINE COLE

SENIOR DIRECTOR, PHILANTHR

Staff

$224K

40 hrs/wk

ERICA MAWBY-ROCHE

SENIOR DIRECTOR OF PROGRAM

Staff

$160K

40 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$2M
MEDICAL / PUBLIC SERVICES
2024
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$100K
GENERAL SUPPORT
2024
$83K
MEDICAL RESEARCH
2024
$25K
Health, Medicine & Science
2024
$66K
GENERAL OPERATING SUPPORT
2023
$31K
For grant recipient's exempt purposes
2023
$28K
For grant recipient's exempt purposes
2022
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$7K
CHARITABLE DONATION
2021

Funded by

$2.9M from 10 funders · 15 grants · 2021–2024

National Philanthropic Trust

$430K · 3 grants · 2021–2023

American Endowment Foundation

$150K · 2 grants · 2023–2024

Morgan Stanley Global Impact Funding Trust Inc

$105K · 2 grants · 2022–2024

The Bessemer Giving Fund

$100K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$59K · 2 grants · 2022–2023

Greater Horizons

$25K · 1 grant · 2024

Details

EIN833891656
NTEE codeH40
Subsection03
Ruling date2019-03
Formed2019
Employees9
Volunteers67
TERMEER INSTITUTE INC — Mission, Financials & Grants Received | Grantivo