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Education : Adult Education Programs and Services

Fogarty Institute for Innovation

Promoting medical innovation

three stars

89.10

2490 Hospital Drive Suite 310
Mountain View, CA 94040
tel: (650) 962-4560   Web Site
EIN: 11-3800306

Board Leadership
Thomas Krummel
Chairman

CEO
Kerry Pope
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.10 three stars
  Financial 89.21 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 09/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

89.21

Accountability & Transparency

three stars

89.00

This rating was published 09/01/2016 and includes data from FY2014, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
73.5%
  Administrative Expenses 16.1%
  Fundraising Expenses 10.3%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 2.73
  Program Expenses Growth 44.7%
  Liabilities to Assets 11.4%
All data for Financial Performance Metrics calculations was provided by Fogarty Institute for Innovation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Fogarty Institute for Innovation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fogarty Institute for Innovation (CA) 89.10 three stars
Public Education Foundation (TN) 89.16 three stars
Grantmakers for Education (OR) 85.74 three stars
Robert Toigo Foundation (CA) 88.41 three stars
The Chicago Public Education Fund (IL) 94.61 four stars

Compare These Charities (Highly Rated)

The Fogarty Institute for Innovation promotes medical innovation by providing support to promising innovators and researchers as they transform their creative ideas into practical solutions to improve patient care. We offer mentorship and education at every step of the process, coordinating access to intellectual, physical and financial resources to propel medical concepts from initiation to application. The Institute offers two unparalleled programs — Innovation for startups and companies eager to learn how to innovate in the medical device field, and Education for the next generation of inventors. We provide vital support in each area, ensuring new ideas can be realized to improve patient care for all.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,646,622
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $647,184
   Related Organizations $0
   Government Grants $227,064
Total Contributions $4,520,870
   Program Service Revenue $1,235,457
Total Primary Revenue $5,756,327
   Other Revenue $-304,629
TOTAL REVENUE $5,451,698
   
EXPENSES  
   Program Expenses $2,822,233
   Administrative Expenses $554,909
   Fundraising Expenses $420,193
TOTAL FUNCTIONAL EXPENSES $3,797,335
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,654,363
   
Net Assets $7,786,344

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Innovation Program $1,640,605 58.1%
Clinical Research Program $824,759 29.2%
Grants And Awards $356,869 12.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2014-12 09/01/2016 89.10 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 11-3800306
Name in IRS Master File FOGARTY INSTITUTE FOR INNOVATION
NTEE Code H92
NTEE Classification Biomedicine, Bioengineering Research
NTEE Type Medical Research
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011
  • December, 2010

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$354,944 9.34% Ann Fyfe Chief Executive Officer

The Fogarty Institute for Innovation promotes medical innovation by providing support to promising innovators and researchers as they transform their creative ideas into practical solutions to improve patient care. We offer mentorship and education at every step of the process, coordinating access to intellectual, physical and financial resources to propel medical concepts from initiation to application. The Institute offers two unparalleled programs — Innovation for startups and companies eager to learn how to innovate in the medical device field, and Education for the next generation of inventors. We provide vital support in each area, ensuring new ideas can be realized to improve patient care for all.

Highly Rated

Charity Name & State Overall Score Overall Rating
Fogarty Institute for Innovation (CA) 89.10 three stars
PowerMyLearning (NY) 92.61 four stars
Grantmakers for Education (OR) 85.74 three stars
The Chicago Public Education Fund (IL) 94.61 four stars
Coro New York Leadership Center (NY) 87.65 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Fogarty Institute for Innovation
2490 Hospital Drive
Suite 310
Mountain View, CA 94040
tel: (650) 962-4560
EIN: 11-3800306

Visit Web Site

Board Leadership

Thomas Krummel
Chairman

CEO

Kerry Pope
Executive Director

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