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Maryland · Nonprofit

AERAS

AERAS (Maryland) receives grants from 1 organization whose IRS filings report $33,365,000 to it, the largest being GATES FOUNDATION ($33,365,000). 1 of them have funded it in more than one year.

Revenue FY2019
$874k
Funders on record
1
Grants received
$33M
Net assets
$3.2M
1/1 repeat funderspeak grant-dependency 93%
01What it does

What Aeras does

Mission

Aeras is a non-profit product development organization dedicated to the development of effective tuberculosis (tb) vaccines and biologics to prevent tb across all age groups in an affordable and sustainable manner. Aeras utilizes its broad capabilities and technologies in collaboration with numerous partners and stakeholders to support the development of vaccines and other biopharmaceuticals to address tb and other significant public health needs of underserved populations. In the pursuit of our mission, we are guided by our core values. These core values express our aspirations and the behaviors we want to exhibit and model. They shape the culture and character of Aeras and inform all of our decisions and actions.

As stated on its FY2019 Form 990.

Program

Support to preclinical, clinical and research efforts to help raise awareness and support tb vaccines.

The first program described on its most recent Form 990, which lists programs largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($26M) Expenses 100 ($31M) Net assets 100 ($17M)2018 Revenue 45 ($12M) Expenses 79 ($24M) Net assets 28 ($4.8M)2019 Revenue 3 ($874k) Expenses 6 ($1.9M) Net assets 19 ($3.2M)
201720182019
Revenue (3)Expenses (6)Net assets (19)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $23M to $6.7M (−71%).

$23M
$6.7M
$3.3M
201720182019
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 4% · 2018 19%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 3 reported years ran a deficit.

−$4.9M
’17
−$13M
’18
−$1.0M
’19
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019
Listed22187
Joined·+1+6
No longer listed·517
03Who funds it

Who funds it, year by year

2017 → 2019: the base held at 1 funder, grant income fell $24M → $800k.

Funder
'17
'18
'19
total
funders
1
1
1

From the IRS filings of AERAS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AERAS draws 100% of its grant income from funders outside Maryland, across 1 state in all.

WA

In-state vs out-of-state, by year

’17
’18
’19
Maryland out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding AERAS receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.7M on record.

Federal$6.7M
grants $6.7Mcontracts $0
17
18
Top agencies
  • Department of Defense$6.1M
  • Department of Health and Human Services$564k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like AERAS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

4% of spending goes to programs.

Program 4%Management 96%Fundraising 0%

Governance

2
board members
50%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 2 related entities

  • Aeras Hong Kong · corp_trust
  • Aeras Beijing Biological Tech Co Ltd · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for AERAS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AERAS?
AERAS (Maryland) receives grants from 1 organization whose IRS filings report $33,365,000 to it, the largest being GATES FOUNDATION ($33,365,000). 1 of them have funded it in more than one year.
How many funders does AERAS have?
IRS filings report 1 organization giving $33,365,000 in grants to AERAS, 1 of which have funded it in more than one year.
Who is the largest funder of AERAS?
GATES FOUNDATION is the largest funder on record, with $33,365,000 in grants. The full list of funders is on this page.
How can an organization like AERAS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2019 (financials across 2017–2019), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing