Massachusetts · Public charity
Lab Central Inc
Lab central supports creation of innovative startup biotechnology companies by providing a world-class environment for entreprenuers, and a fully functional life science laboratory within the kendall square innovation hub.
- $78k
- Granted FY2024(still arriving)
- 6
- Grants FY2024
- 8
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Median grant, FY2024
- $13,000
- Largest grant, FY2024
- $13,000
- Organizations funded a year
- 4 to 10
- FY2020 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $111M
How open it is to new grantees
In FY2023, 100% of the organizations Lab Central 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; $80k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 6 | $78k | 100% |
| FY2023 | 8 | $80k | 100% |
| FY2022 | 4 | $60k | 100% |
| FY2020 | 10 | $185k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.
Top grantees
Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Jewish Vocational Service Inc | $40,000 | 1 | 0% |
| Third Sector New England Inc | $40,000 | 1 | 0% |
| Massachusetts Biotechnology Education Foundation Inc | $40,000 | 1 | 2% |
| Gloucester Marine Genomics Institute Incorporated | $15,000 | 1 | 1% |
| Just-A-Start Corporation | $15,000 | 1 | 0% |
| Phagepro Pbc | $13,000 | 1 | n/a |
| Coagulo Medical Technologies Inc | $13,000 | 1 | n/a |
| Neoclease Inc | $13,000 | 1 | n/a |
| Joseph Beyen Dba Nanoplex | $13,000 | 1 | n/a |
| Interon Laboratories Inc | $13,000 | 1 | n/a |
Show all 15 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Jewish Vocational Service Inc | $40,000 | 1 | 0% |
| Third Sector New England Inc | $40,000 | 1 | 0% |
| Massachusetts Biotechnology Education Foundation Inc | $40,000 | 1 | 2% |
| Gloucester Marine Genomics Institute Incorporated | $15,000 | 1 | 1% |
| Just-A-Start Corporation | $15,000 | 1 | 0% |
| Phagepro Pbc | $13,000 | 1 | n/a |
| Coagulo Medical Technologies Inc | $13,000 | 1 | n/a |
| Neoclease Inc | $13,000 | 1 | n/a |
| Joseph Beyen Dba Nanoplex | $13,000 | 1 | n/a |
| Interon Laboratories Inc | $13,000 | 1 | n/a |
| Lybra Bio | $13,000 | 1 | n/a |
| Health Resources in Action Inc | $10,000 | 1 | 0% |
| Tutoring Plus of Cambridge Inc | $10,000 | 1 | 2% |
| Life Science Cares Inc | $5,000 | 1 | 0% |
| Biobuilder Educational Foundation | $5,000 | 1 | 3% |
Plus 13 recipients with no EIN on record ($145k), not named here.
Where it is load-bearing
Each grantee by its size and the share of its budget Lab Central Inc supplied at peak.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Fidelity Non-Profit Management Foundation · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · Eastern Bank Foundation · Boston Foundation Inc · The Blackbaud Giving Fund · Charities Aid Foundation America · Morgan Stanley Global Impact Funding Trust Inc · American Online Giving Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc
How this is measured
About Lab Central Inc
- How much does Lab Central Inc give?
- Lab Central Inc reported 6 grants totaling $78,000 in its FY2024 IRS filing. It funded between 4 and 10 organizations a year over FY2020 to FY2023.
- What does Lab Central Inc fund?
- By grant dollars over FY2020 to FY2024, its largest causes are Health (20%), Science & Tech (20%), Education (14%).
- Who are Lab Central Inc's largest grantees?
- By total granted over FY2020 to FY2024: Jewish Vocational Service Inc ($40k), Third Sector New England Inc ($40k), Massachusetts Biotechnology Education Foundation Inc ($40k).
- Does Lab Central Inc fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Lab Central Inc?
- Its strongest co-funders, measured against what their size predicts, include Fidelity Non-Profit Management Foundation, Cummings Foundation Grants Inc (Fka Oneworld Boston Inc), Eastern Bank Foundation.
- Where is Lab Central Inc based?
- Lab Central Inc is based in MA.
Play a game based on Lab Central’s filings →