Hansjorg Wyss Institute For Biologically Inspired Engineering
82% goes to programs $2 to raise $100 Strong reserves Growing revenue
Hansjorg Wyss Institute For Biologically Inspired Engineering is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2013, with $61,613,633 in FY2023 revenue. CharityIndex grades it C+, and it directs about 82% of spending to programs.
201 Brookline Ave Ste 401, Boston, MA, 02215 EIN 30-0773387 Since 2013
Revenue (FY2023)
$61.6M
▼ 80.2% vs prior year
Education median: $200K
Expenses (FY2023)
$85.9M
Net assets
$319.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating82% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hansjorg Wyss Institute For Biologically Inspired Engineering: 82% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
DFinancial health25% of the rating45 mo reserves · -39% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hansjorg Wyss Institute For Biologically Inspired Engineering: 45 mo reserves · -39% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hansjorg Wyss Institute For Biologically Inspired Engineering: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hansjorg Wyss Institute For Biologically Inspired Engineering: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Formed as a supporting organization of president and fellows of harvard college to conduct, support and develop research and inventions in the life sciences and engineering.
Contact & location
- Address
- 201 Brookline Ave Ste 401, Boston, MA, 02215
- City
- Boston
- State
- Massachusetts
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $37.6M (FY2014) to $61.6M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $193.2MNet assets $319.7M
Operating margin
-39.5%
Spent more than it raised in the latest fiscal year.
Total assets
$512.9M
Total liabilities
$193.2M
Net assets
$319.7M
Salaries & benefits
$0
0% of expenses
Board members
12
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $61,613,633▼80.2% | $85,948,150▲1.1% | $319,686,117▼6.6% | $512,893,468▼4.8% | 990 |
| 2022 | $310,894,989▲542% | $85,046,437▲16.4% | $342,122,319▲192% | $538,779,011▲225% | 990 |
| 2021 | $48,462,213▲1.3% | $73,057,969▼11.9% | $117,145,926▼19.0% | $165,782,005▼7.2% | 990 |
| 2020 | $47,853,271▼8.8% | $82,969,003▲5.7% | $144,690,117▼14.7% | $178,608,152▼20.8% | 990 |
| 2019 | $52,451,825▼74.4% | $78,487,395▼4.4% | $169,526,703▼13.1% | $225,546,330▲14.1% | 990 |
| 2018 | $204,637,925▲360% | $82,107,021▼3.9% | $195,054,305▲170% | $197,654,044▲161% | 990 |
| 2017 | $44,520,297▼11.4% | $85,406,794▼2.6% | $72,201,679▼35.1% | $75,821,837▼33.6% | 990 |
| 2016 | $50,272,049▲24.1% | $87,729,613▲9.4% | $111,187,021▼24.6% | $114,275,335▼24.2% | 990 |
| 2015 | $40,494,609▲7.7% | $80,168,995▲6.1% | $147,447,421▼22.1% | $150,744,565▼21.9% | 990 |
| 2014 | $37,591,760 | $75,594,685 | $189,227,964 | $193,130,551 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alan Garber | Director | 0.5 | — |
| Angelika Fretzen | Coo/tech Trans. Dir. | 60 | — |
| David Parkes | Director | 0.5 | — |
| Donald Ingber | President | 46 | — |
| George Daley | Director | 0.5 | — |
| Hansjorg Wyss | Director | 0.5 | — |
| James Gorman | Sr. Director, Trans. R&d | 60 | — |
| James Niemi | Sr. Director, Trans. R&d | 60 | — |
| John Shaw | Director | 0.5 | — |
| Julia Faber | Clerk | 0.5 | — |
| Kenneth Carlson | Senior Principal Scientist | 60 | — |
| Kenneth Lutchen | Director | 0.5 | — |
| Matthew Makarewicz | Cfo/treasurer | 60 | — |
| Meredith Weenick | Director | 0.5 | — |
| Molly Mcusic | Director | 0.5 | — |
| Norbert Haas | Director | 0.5 | — |
| Paul Resnick | Sr Dir. of Business Dev. | 0 | — |
| Philip Reilly | Director | 0.5 | — |
| Robert Bland | Director | 0.5 | — |
| Robert Cunningham | Sr. Dir. of Strategic Engmt. | 60 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Dzconnex Formerly Yoh Services LLC | Human Resource Srvc | $715,602 |
| Wuxi Apptec Hong Kong Ltd | Technology Service | $418,036 |
| Abc Moving Services Inc | Moving Service | $284,359 |
| Able Engineering Services | Engineering Service | $203,514 |
| Emulate Inc | Technology Service | $184,510 |
Grants received · $724K total
2 grants to Hansjorg Wyss Institute For Biologically Inspired Engineering totaling $724K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | Sciences | 2023 | $401,000 |
| American Heart Association Inc | Research | 2015 | $322,670 |
Grants made · $7.3M in FY2023
13 grants totaling $7.3M in FY2023. All grants made by Hansjorg Wyss Institute For Biologically Inspired Engineering →
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Institute of Technology | Fed/nonfed sponsored | $1,696,246 |
| Mass General Brigham Incorporated | Fed/nonfed sponsored | $1,488,442 |
| Childrens Hospital Corporation | Fed/nonfed sponsored | $855,018 |
| Attivare Therapeutics Inc | Nonfederal sponsored | $843,563 |
| Dana-farber Cancer Institute | Federal sponsored aw | $740,446 |
| Regents of the University of California | Fed/nonfed sponsored | $491,228 |
| Mass General Brigham Incorporated | Federal sponsored aw | $395,000 |
| Trustees of Boston University | Nonfederal sponsored | $362,780 |
| Icahn School of Medicine At Mount Sinai | Federal sponsored aw | $214,877 |
| Metis Foundation | Federal sponsored aw | $143,777 |
| Trustees of Tufts College | Nonfederal sponsored | $84,214 |
| Beth Israel Deaconess Medical Center Inc | Research collaborations | $11,934 |
| Nucleate Bio Inc | Sponsorship | $10,000 |
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Frequently asked questions
- Is Hansjorg Wyss Institute For Biologically Inspired Engineering a legitimate nonprofit?
- Yes. Hansjorg Wyss Institute For Biologically Inspired Engineering is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0773387, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Hansjorg Wyss Institute For Biologically Inspired Engineering's EIN?
- Hansjorg Wyss Institute For Biologically Inspired Engineering's Employer Identification Number (EIN) is 30-0773387.
- How much revenue does Hansjorg Wyss Institute For Biologically Inspired Engineering report?
- Hansjorg Wyss Institute For Biologically Inspired Engineering reported $61,613,633 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hansjorg Wyss Institute For Biologically Inspired Engineering's spending goes to programs?
- Hansjorg Wyss Institute For Biologically Inspired Engineering spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hansjorg Wyss Institute For Biologically Inspired Engineering have?
- CharityIndex grades Hansjorg Wyss Institute For Biologically Inspired Engineering C+, based on program efficiency and fundraising cost.
- How much does Hansjorg Wyss Institute For Biologically Inspired Engineering's highest-paid employee make?
- The highest reported compensation on Hansjorg Wyss Institute For Biologically Inspired Engineering's latest Form 990 is $0, paid to Alan Garber (Director).
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Data for Hansjorg Wyss Institute For Biologically Inspired Engineering (EIN 30-0773387) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.