New York · Nonprofit
REGENERATIVE RESEARCH FOUNDATION
REGENERATIVE RESEARCH FOUNDATION (New York) receives grants from 12 organizations whose IRS filings report $3,611,894 to it, the largest being RAINWATER CHARITABLE FOUNDATION ($2,266,988). 7 of them have funded it in more than one year.
- Revenue FY2025
- $8.0M
- Funders on record
- 12
- Grants received
- $3.6M
- Net assets
- $6.9M
What Regenerative Research Foundation does
Mission
The principal mission of the Regenerative Research Foundation is to develop regenerative stem cell therapies for diseases of the central nervous system (cns): the brain, spinal cord, and retina.
As stated on its FY2025 Form 990.
Programs
Despite many challenges in fiscal year 2025 the Regenerative Research Foundation continued to pursue its research mission. During the year foundation researchers published thirteen articles in prominent scientific journals reporting the results of their investigations into neurodegenerative diseases such as dementia, macular degeneration and potential treatments for neurodegenerative diseases. These publications are available to the research community and general public free of charge through the national library of medicine open access repository. The foundation researchers continue to prepare funding applications which will support their research activities. The foundation continued to develop and improve its production of human stem cell organoid models as an alternative to the use of animal models. These efforts are endorsed by the nih and fda complement-arie initiatives that promote new approach methodology (nam) to reduce animal use in drug development. The foundation's core facility, neuracell, continues to provide brain region-specific organoids to researchers around the country.
$1,012,342 spent17% of program spendingThe continuing phase 1/2a clinical trial treated its 12th subject completing the second cohort of an 18-subject trial. The foundation's scientific director, dr. Sally temple-stern, delivered the closing keynote address at the 2026 association for research in vision and ophthalmology meeting (the major meeting for ophthalmic research). The safety and efficacy results of the low dose phase of the trial were published during the year 2025.
$1,013,548 spent$250,843 earned by the program17% of program spendingThe alzheimer's disease and related dementias research program continues its mission to expand the understanding and development of a potential treatment for these neurodegenerative diseases. The institute continues to serve as the lead organization for a consortium of institutions and investigators funded by the national institutes of health and other private foundations which is focused on identifying genes associated with the development of dementia. The foundation continues its search for a biotech partner to support research and development of a promising neurodegenerative disease treatment under development by the foundation.
$4,103,203 spent67% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $6,129,093.
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 2023 to 2024, from $7.0M to $9.0M (+29%).
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.
Government-grant reliance: 2017 85% · 2018 71% · 2019 61% · 2020 51% · 2021 81% · 2022 74% · 2023 74% · 2024 75% · 2025 83%. Grants only. Government contracts and fees sit inside program revenue.
93% of REGENERATIVE RESEARCH FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 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
William Kahn Cpa
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 3 funders, grant income rose $134k → $719k.
3 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of REGENERATIVE RESEARCH FOUNDATION’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
REGENERATIVE RESEARCH FOUNDATION leans on a few funders — its largest provides 63% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
37% 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 REGENERATIVE RESEARCH FOUNDATION.
Largest funder’s share by year: 2017 63% · 2018 50% · 2019 100% · 2020 72% · 2021 100% · 2022 57% · 2023 64% — broadly stable.
“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
44% of REGENERATIVE RESEARCH FOUNDATION's funders are still giving 3 years after their first grant; 58% 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 FY2023, 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
REGENERATIVE RESEARCH FOUNDATION draws 87% of its grant income from funders outside New York, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $535k arriving through sponsors registered in 3 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
REGENERATIVE RESEARCH FOUNDATION holds deeper cash reserves than three-quarters of the 4,665 health nonprofits its size.
this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025
Government funding REGENERATIVE RESEARCH FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $34.0M on record.
- Department of Health and Human Services$31.9M
- Department of Defense$2.1M
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 REGENERATIVE RESEARCH FOUNDATION
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for REGENERATIVE RESEARCH FOUNDATION: 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 REGENERATIVE RESEARCH FOUNDATION?
- REGENERATIVE RESEARCH FOUNDATION (New York) receives grants from 12 organizations whose IRS filings report $3,611,894 to it, the largest being RAINWATER CHARITABLE FOUNDATION ($2,266,988). 7 of them have funded it in more than one year.
- How many funders does REGENERATIVE RESEARCH FOUNDATION have?
- IRS filings report 12 organizations giving $3,611,894 in grants to REGENERATIVE RESEARCH FOUNDATION, 7 of which have funded it in more than one year.
- Who is the largest funder of REGENERATIVE RESEARCH FOUNDATION?
- RAINWATER CHARITABLE FOUNDATION is the largest funder on record, with $2,266,988 in grants. The full list of funders is on this page.
- How can an organization like REGENERATIVE RESEARCH FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Regenerative Research →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 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