Massachusetts · Public charity
Foundation for Innovation and Life Inc
The foundation's mission is to help our sponsors develop unique tools and novel methods to promote early diagnosis and develop innovative treatments for complex diseases. The foundation specializes in the development and application of novel minimally invasive techniques in the fields of cardiology, endoscopy, surgery, drug, and device…
- $74k
- Granted FY2023
- 1
- Itemized grants FY2023
- 1
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2023
- $70k
- The rest is grants the schedule does not break out
- Median grant, FY2023
- $70,200
- Largest grant, FY2023
- $70,200
- Organizations funded a year
- 1 to 2
- FY2017 to FY2023
- States reached, FY2023
- 1
- Total assets, FY2023
- $11M
How open it is to new grantees
In FY2023, 100% of the organizations Foundation for Innovation and Life Inc funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $70k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 1 | $70k | 100% |
| FY2021 | 1 | $40k | 0% |
| FY2019 | 1 | $12k | 0% |
| FY2017 | 2 | $133k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.
Top grantees
Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Center for Biomedical Science and Engineering Trust | $153,421 | 3 | 29% |
| Johns Hopkins University | $70,200 | 1 | 0% |
| Mass General Brigham Incorporated | $31,200 | 1 | n/a |
Compare Foundation for Innovation and Life Inc with peer funders
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About Foundation for Innovation and Life Inc
- How much does Foundation for Innovation and Life Inc give?
- Foundation for Innovation and Life Inc reported 1 itemized grants totaling $70,200, out of $73,550 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 1 and 2 organizations a year over FY2017 to FY2023.
- What does Foundation for Innovation and Life Inc fund?
- By grant dollars over FY2017 to FY2023, its largest causes are Science & Tech (64%), Education (25%), Health (11%).
- Who are Foundation for Innovation and Life Inc's largest grantees?
- By total granted over FY2017 to FY2023: Center for Biomedical Science and Engineering Trust ($153k), Johns Hopkins University ($70k), Mass General Brigham Incorporated ($31k).
- Does Foundation for Innovation and Life Inc fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is Foundation for Innovation and Life Inc based?
- Foundation for Innovation and Life Inc is based in MA.
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