1. Directory
  2. Massachusetts
  3. Brookline
  4. Foundation for Innovation and Life
EIN 20-4325286

Foundation for Innovation and Life

IRS 501(c) type
501(c)(3)
Num. employees
146
City
Brookline
State
Massachusetts
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
H90: Medical Specialty Research
Description
CBSET is a state-of-the-art biomedical research institute located in Lexington Massachusetts. Their mission is to advance biomedical research through innovative, high-quality services.
Also known as...
Cbset Inc
Total revenues
$12,113,960
2023
Total expenses
$16,006,527
2023
Total assets
$16,732,714
2023
Num. employees
146
2023

Program areas at Foundation for Innovation and Life

The organization focuses its research on novel diagnostic, therapeutic, surgical medical device, and imaging technologies used in the diagnosis and treatment of disease. Cbset's mission is to advance science and education,improve regulatory insight, advance research methods, and ultimately improve diagnosis, patient care, and treatment of disease.

Grants made by Foundation for Innovation and Life

GranteeGrant descriptionAmount
Johns Hopkins University (JHU)To Assist With the Foundation's Exempt Purpose$70,200

Personnel at Foundation for Innovation and Life

NameTitleCompensation
Peter MarkhamPresident and Chief Executive Officer$777,464
Haim DanenbergChief Scientific Adviser
Rami TzafririDirector of Research and Innovation
Misty J. Williams-FritzeDaclam Director , Veterinary Services / Vice President Vet Services / Director , Veterinary Services / Director of Vet Services$307,357
Michael NaimarkDirector , Business Development / Director of Business Development / Director - Business Development$246,207
...and 4 more key personnel

Financials for Foundation for Innovation and Life

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$12,146,667
Investment income and dividends$399,030
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-431,737
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,113,960

Form 990s for Foundation for Innovation and Life

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-09990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s
Data update history
January 17, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Corporate foundationsMedical research organizationsResearch centersCharities
Issues
Science and technologyHealth
Characteristics
Conducts researchPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
19 Catlin Rd
Brookline, MA 02445
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
cbset.com/ 
Phone
(781) 541-5555
Facebook page
CBSETInc 
Twitter profile
@cbsetinc 
IRS details
EIN
20-4325286
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
Free account sign-up

Want updates when Foundation for Innovation and Life has new information, or want to find more organizations like Foundation for Innovation and Life?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy