Massachusetts · Public charity
Massachusetts Biotechnology Council Inc
Massbio is committed to advancing massachusetts' leadership in the life sciences to grow the industry, add value to the health care system and improve patient lives.
- $225k
- Granted FY2024(still arriving)
- 1
- Itemized grants FY2024
- 1
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $200k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $200,000
- Largest grant, FY2024
- $200,000
- Organizations funded a year
- 1 to 3
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $29M
How open it is to new grantees
In FY2023, 100% of the organizations Massachusetts Biotechnology Council 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; $469k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 1 | $200k | 0% |
| FY2023 | 1 | $469k | 100% |
| FY2019 | 1 | $100k | 0% |
| FY2018 | 2 | $210k | 50% |
| FY2017 | 3 | $830k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Massachusetts Biotechnology Education Foundation Inc | $640,000 | 4 | 16% |
| Life Science Cares Inc | $500,000 | 1 | 47% |
| Bioversity Inc | $468,500 | 1 | 60% |
| Turnpike Partnership | $100,000 | 1 | n/a |
| MBTA Recruitment and Retention Fund | $100,000 | 1 | n/a |
Compare Massachusetts Biotechnology Council Inc with peer funders
About Massachusetts Biotechnology Council Inc
- How much does Massachusetts Biotechnology Council Inc give?
- Massachusetts Biotechnology Council Inc reported 1 itemized grants totaling $200,000, out of $225,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2017 to FY2023.
- What does Massachusetts Biotechnology Council Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (35%), Employment (31%), Health (28%).
- Who are Massachusetts Biotechnology Council Inc's largest grantees?
- By total granted over FY2017 to FY2024: Massachusetts Biotechnology Education Foundation Inc ($640k), Life Science Cares Inc ($500k), Bioversity Inc ($469k).
- Does Massachusetts Biotechnology Council Inc fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is Massachusetts Biotechnology Council Inc based?
- Massachusetts Biotechnology Council Inc is based in MA.
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