Massachusetts · Nonprofit
GATES MEDICAL RESEARCH INSTITUTE
GATES MEDICAL RESEARCH INSTITUTE (Massachusetts) receives grants from 8 organizations whose IRS filings report $314,437 to it, the largest being INTERNATIONAL VACCINE INSTITUTE ($152,946). 3 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $133M
- Funders on record
- 8
- Grants received
- $314k
- Net assets
- $547M
What Gates Medical Research Institute does
Mission
The gates mri engages directly in the conduct of medical research in conjunction with one or more hospitals for the purpose of addressing major causes of illness and death in low-and lower-middle-income countries.
As stated on its FY2024 Form 990.
Programs
Bill & melinda Gates Medical Research Institute ("gates mri") is aligned with the purpose of the bill & melinda gates foundation and guided by the vision that every person deserves the opportunity to lead a healthy and productive life. The gates mri is dedicated to the research, development, and effective use of novel biomedical interventions addressing substantial global health concerns for which the required development investment by traditional biopharmaceutical organizations is lacking. The gates mri works with collaborating partners and organizations, coordinating and driving biopharmaceutical research and development activities, including pre-clinical development and clinical development. In addition to the tuberculosis work noted in 4(b) the mri focuses on programs aimed at reducing the burden of malaria, diarrheal diseases, and maternal, newborn, and child illnesses worldwide.
$99,379,161 spent58% of program spendingThe gates mri's largest program area focuses on reducing the burden of tuberculosis through the research and development of novel therapeutics and vaccine candidates, including through the conduct of clinical trials.
$73,118,099 spent42% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $172,497,260.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $186M to $817M (+338%).
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.
99% of GATES MEDICAL RESEARCH INSTITUTE’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
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.
Board chair
Trevor Mundel
Director, board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2022: the base narrowed from 3 funders to 2 funders, grant income fell $170k → $7k.
5 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $927M from 2 payers (the payer shares this organization's board, largest Gates Foundation). These are real filings, and they are not money GATES MEDICAL RESEARCH INSTITUTE raised.
From the IRS filings of GATES MEDICAL RESEARCH INSTITUTE’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.
How concentrated its funding is
GATES MEDICAL RESEARCH INSTITUTE leans on a few funders — its largest provides 49% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GATES MEDICAL RESEARCH INSTITUTE.
Largest funder’s share by year: 2019 90% · 2020 42% · 2021 67% · 2022 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.
How long its funders stay
20% of GATES MEDICAL RESEARCH INSTITUTE's funders are still giving 2 years after their first grant; 38% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2022, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of GATES MEDICAL RESEARCH INSTITUTE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $490 that is directly attributable, 100% of it comes from funders outside Massachusetts, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $161k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
GATES MEDICAL RESEARCH INSTITUTE holds deeper cash reserves than three-quarters of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Organizations like GATES MEDICAL RESEARCH INSTITUTE
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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 3 states
Part of a family of 16 related entities
- Gates Foundation (Gf) · exempt
- Gates Philanthropy Partners · exempt
- Gates Foundation Trust (Gft) · exempt
- Accelerator Gps Side Car Fund LP · partnership
- Greenbriar as Holdings LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for GATES MEDICAL RESEARCH INSTITUTE: 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.
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 GATES MEDICAL RESEARCH INSTITUTE?
- GATES MEDICAL RESEARCH INSTITUTE (Massachusetts) receives grants from 8 organizations whose IRS filings report $314,437 to it, the largest being INTERNATIONAL VACCINE INSTITUTE ($152,946). 3 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does GATES MEDICAL RESEARCH INSTITUTE have?
- IRS filings report 8 organizations giving $314,437 in grants to GATES MEDICAL RESEARCH INSTITUTE, 3 of which have funded it in more than one year.
- Who is the largest funder of GATES MEDICAL RESEARCH INSTITUTE?
- INTERNATIONAL VACCINE INSTITUTE is the largest funder on record, with $152,946 in grants. The full list of funders is on this page.
- How can an organization like GATES MEDICAL RESEARCH INSTITUTE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Gates Medical Research Institute →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 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