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Massachusetts · Nonprofit

THE TERMEER INSTITUTE INC

THE TERMEER INSTITUTE INC (Massachusetts) receives grants from 17 organizations whose IRS filings report $3,758,480 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($2,000,000). 8 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.1M
Funders on record
17
Grants received
$3.8M
Net assets
$1.6M
8/17 repeat funderspeak grant-dependency 90%
01What it does

What The Termeer Institute Inc does

Mission

The termeer institute is a catalyst for innovation that brings life-changing treatments to patients worldwide. We support and empower brilliant life science leaders to advance groundbreaking, patient-centered solutions.

As stated on its FY2025 Form 990.

Program

  1. To date, over 100 leaders from nine countries and six states have benefitted from the termeer institute's growing leadership programs. We have also expanded our network to include termeer scholars, academic and non-profit leaders seeking to scale and disseminate their knowledge to impact patients. In 2025, we added nine new scholars to our network for a total of 14 termeer scholars across the us and africa. In 2025, we updated the scholars program to a cohort model to focus on leadership and research translation skill development, in reponse to feedback from prior year scholars. In 2025, the termeer institute team continued to build its values-based leadership model- delivering 25 learning sessions, awarding 20 micro grants for professional leadership development, providing 150 1:1 coaching hours with consultants and executive coaches, creating 200+ mentoring and advising relationships within the termeer network, providing 100 hours of values-driven leadership programming, and organizing over 15 in-person networking opportunities to create connections. The termeer institute is committed to ensuring the inclusiveness of its network, particularly in recognition of the…

    $1,481,766 spentof which $39,902 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,481,766.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.

100 = 20192019 Revenue 100 ($15k) Expenses 100 ($5k) Net assets 100 ($11k)2020 Revenue 15507 ($2.4M) Expenses 2809 ($128k) Net assets 20196 ($2.2M)2021 Revenue 1681 ($260k) Expenses 14810 ($673k) Net assets 15652 ($1.7M)2022 Revenue 7855 ($1.2M) Expenses 22698 ($1.0M) Net assets 15739 ($1.7M)2023 Revenue 3376 ($521k) Expenses 41352 ($1.9M) Net assets 6314 ($688k)2024 Revenue 22723 ($3.5M) Expenses 52354 ($2.4M) Net assets 16680 ($1.8M)2025 Revenue 13638 ($2.1M) Expenses 50115 ($2.3M) Net assets 15106 ($1.6M)
2019202020212022202320242025
Revenue (13638)Expenses (50115)Net assets (15106)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $11k to $2.2M (+20236%).

$11k
$2.2M
$1.8M
$1.8M
$1.1M
$2.1M
$1.8M
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

98% of THE TERMEER INSTITUTE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

$11k
’19
$2.3M
’20
−$413k
’21
$181k
’22
−$1.4M
’23
$1.1M
’24
−$171k
’25
8.7
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.

Chief executive

Catharine Smith

CEO

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed3566101213
Joined·+3+1+0+4+3+2
No longer listed·100011
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 4 funders to 7 funders, grant income rose $25k → $471k.

10 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 88% 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: $25k from one payer (the payer shares this organization's board, largest Greater Horizons). These are real filings, and they are not money THE TERMEER INSTITUTE INC raised.

From the IRS filings of THE TERMEER INSTITUTE INC’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

THE TERMEER INSTITUTE INC leans on a few funders — its largest provides 53% of grant income and the top three 78%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88% 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 THE TERMEER INSTITUTE INC.

53%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2022 40% · 2023 47% — 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.

Where its funders are

88% of THE TERMEER INSTITUTE INC'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 $444k that is directly attributable, 99% of it comes from Massachusetts funders.

MA
FL

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

’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 9 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.

04Its place in the field

Against its field

THE TERMEER INSTITUTE INC holds deeper cash reserves than three-quarters of the 4,665 health nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve8.7mo · top quartile
Revenue growth (annualized)127% · top quartile

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Organizations like THE TERMEER INSTITUTE INC

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

05Profile & governance

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

Where the money goes

65% of spending goes to programs.

Program 65%Management 17%Fundraising 18%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 26 states

ME
VT
NH
WA
IL
MI
NY
MA
OR
PA
NJ
CT
RI
CA
CO
KY
MD
NM
NC
SC
DC
HI
OK
GA
TX
FL

Screen this organization

A dated, signed PDF of the compliance screen for THE TERMEER INSTITUTE INC: 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.

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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 THE TERMEER INSTITUTE INC?
THE TERMEER INSTITUTE INC (Massachusetts) receives grants from 17 organizations whose IRS filings report $3,758,480 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($2,000,000). 8 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE TERMEER INSTITUTE INC have?
IRS filings report 17 organizations giving $3,758,480 in grants to THE TERMEER INSTITUTE INC, 8 of which have funded it in more than one year.
Who is the largest funder of THE TERMEER INSTITUTE INC?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
How can an organization like THE TERMEER INSTITUTE INC 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 17 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