NonprofitsThe Ruth K Broad Biomedical Research Foundation Inc

The Ruth K Broad Biomedical Research Foundation Inc

DURHAM, NC

Total revenue

$854K

Total expenses

$1.0M

Net assets

$18.0M

Grants received

EIN

650045051

Tax year

2023

Mission

See schedule o for organization's mission statementsupport basic scientific research, education and dissemination of research findings in the neurosciences.

Programs

1 program

In fy19, the board of the ruth k. Broad foundation approved a new award, the ann b. Bussel award. The foundation will be awarding a two-year grant, effective july 1, 2020 for $100,000 each year. The first award period began july 1, 2020. The purpose of this award is to improve our understanding of, and ability to treat, alzheimer's disease and preference is for research approaches that study humans to complement the ruth k. Broad foundation's existing, primary basic neuroscience, research grant programs. The grant will be awarded to faculty at duke. The faculty member has a collaborator at another institution, splitting the grant to co-fund the investigators at the two institutions will be considered.

Expenses: $100KGrants: $100K

Financials

FY 2023

Revenue

Contributions & grants$26K
Program service revenue
Investment income$828K
Other revenue
Total revenue$854K

Expenses

Grants paid$1.0M
Salaries & benefits
Fundraising
Other expenses$20K
Total expenses$1.0M
Total assets$18.0M
Net assets$18.0M

People

19 listed

NameRoleCompensation

STEPHEN G LISBERGER

DIRECTOR

Board

0.1 hrs/wk

RICHARD J O'BRIEN MD

DIRECTOR

Board

0.1 hrs/wk

JAMES MCNAMARA MD

DIRECTOR

Board

0.1 hrs/wk

COLIN DUCKETT

DIRECTOR

Board

0.1 hrs/wk

MICHAEL SHOLTZ JD

DIRECTOR

Board

0.1 hrs/wk

GEETA SWAMY MD

DIRECTOR/PART YEAR CHAIRMAN

Board

0.1 hrs/wk

KAREN B BERMAN

DIRECTOR

Board

0.1 hrs/wk

DANIEL J BUSSEL

DIRECTOR

Board

1 hrs/wk

DEBORAH BUSSEL

DIRECTOR/VICE PRESIDENT

Board

0.5 hrs/wk

JOHN M BUSSEL

DIRECTOR/TREASURER

Board

0.1 hrs/wk

MOIRA RYNN MD

DIRECTOR

Board

0.1 hrs/wk

CURTIS ALAN LOCKSHIN

DIRECTOR

Board

0.1 hrs/wk

MANUEL F UTSET MD

DIRECTOR

Board

0.1 hrs/wk

HANNAH MOSHONTZ DE LA ROCHA

DIRECTOR

Board

0.1 hrs/wk

HEATHER WHITSON MD

DIRECTOR

Board

0.1 hrs/wk

RALPH SNYDERMAN MD

DIRECTOR/PART YEAR CHAIRMAN

Board

0.1 hrs/wk

CATHLEEN DURGIN

SECRETARY

Board

2 hrs/wk

ERICA KITCHEN

PRESIDENT/EXECUTIVE DIRECTOR

Board

2 hrs/wk

JENNIFER GALLINA

FORMER OFFICER

Staff

0.1 hrs/wk

Details

EIN650045051
Subsection03
Ruling date1989-06
Formed1997
Employees0
Volunteers0
THE RUTH K BROAD BIOMEDICAL RESEARCH FOUNDATION INC — Mission, Financials & Grants Received | Grantivo