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Massachusetts · Public charity

Massachusetts Biomedical Initiatives Inc

Massachusetts biomedical initiatives, inc. ("mbi or the organization") is a private non-profit corporation focusing on building up central massachusetts as a global biomanufacturing hub. Our mission of being a partner for fostering innovation in the life sciences is fulfilled through our efforts in startup incubation, workforce…

$237k
Granted FY2024(still arriving)
6
Itemized grants FY2024
5
Organizations funded FY2023
40%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$212k
The rest is grants the schedule does not break out
Median grant, FY2024
$40,058
Largest grant, FY2024
$50,000
Organizations funded a year
2 to 5
FY2019 to FY2023
States reached, FY2024
1
Total assets, FY2024
$33M

How open it is to new grantees

In FY2023, 40% of the organizations Massachusetts Biomedical Initiatives Inc funded were first-time grantees, receiving 26% of its grant dollars.

New vs renewed · share of each year

In FY2023, 74% of grant dollars renewed an existing relationship; $75k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23
EducationScience & TechOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving6$212k33%
FY20235$284k40%
FY20225$219k60%
FY20212$281k0%
FY20202$188k0%
FY20192$275kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$1.3MScience & Tech$75kCommunity Improvement$50kEmployment$25k

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Quinsigamond Community College Foundation Inc$631,250631%
Worcester State University$521,3087n/a
Massachusetts Biotechnology Education Foundation Inc$83,87541%
Agricultural Research Service (Usda)$50,0001n/a
Biobuilder Educational Foundation$50,00023%
Girls Incorporated of Worcester$25,00021%
Gloucester Marine Genomics Institute Incorporated$25,00011%
McPhs University$21,87010%

Plus 1 recipient with no EIN on record ($50k), not named here.

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.

American Online Givin…Fidelity Investments …Amazonsmile Foundation
American Online Giving Foundation IncDE6.7× affinity4 shared granteesties to 2 of 2Hover any node to trace its alignments.Compare side by side →

Open a dossier: American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Massachusetts Biomedical Initiatives Inc with peer funders

About Massachusetts Biomedical Initiatives Inc

How much does Massachusetts Biomedical Initiatives Inc give?
Massachusetts Biomedical Initiatives Inc reported 6 itemized grants totaling $211,928, out of $236,928 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 5 organizations a year over FY2019 to FY2023.
What does Massachusetts Biomedical Initiatives Inc fund?
By grant dollars over FY2019 to FY2024, its largest causes are Education (90%), Science & Tech (5%), Community Improvement (3%).
Who are Massachusetts Biomedical Initiatives Inc's largest grantees?
By total granted over FY2019 to FY2024: Quinsigamond Community College Foundation Inc ($631k), Worcester State University ($521k), Massachusetts Biotechnology Education Foundation Inc ($84k).
Does Massachusetts Biomedical Initiatives Inc fund new organizations?
In FY2023, 40% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Massachusetts Biomedical Initiatives Inc?
Its strongest co-funders, measured against what their size predicts, include American Online Giving Foundation Inc, Fidelity Investments Charitable Gift Fund, Amazonsmile Foundation.
Where is Massachusetts Biomedical Initiatives Inc based?
Massachusetts Biomedical Initiatives Inc is based in MA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 9 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $125k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2024, the most recent year this funder named its grantees.

Source object · view filing

Play a game based on Massachusetts Biomedical Initiatives’ filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home