Program areas at VentureWell
RADX - VentureWell serves as the network partner and administrator for the National Institutes of Health's Rapid Acceleration of Diagnostics Initiative. Known as RADX, this program aims to expand the range of innovative diagnostic technologies available to support a rapid increase in reliability, speed, and scale of testing for SARS-CoV-2 (the virus that causes COVID-19) across the country.
I-Corps Program - VentureWell led courses engage participants in moving products out of the lab into the market by talking to potential customers, partners and competitors, and encountering the challenges and uncertainty of creating successful innovations.
In addition to the 3 grants programs outlined on lines 4a through 4c, NCIIA also: a) awards other types of grants primarily to institutions of higher education in keeping with the organization's mission of promoting invention, innovation and entrepreneurship; b) offers membership to colleges and universities across the U.S., which afford member institutions the opportunity to attend NCIIA-sponsored events at reduced rates, tap into the NCIIA network, and to apply for NCIIA grants; c) conducts workshops and events, including but not limited to an annual conference and workshops designed to teach technology entrepreneurship basics and how to enhance success of commercializing inventions and innovations; and d) invests in select ventures emerging from U.S institutions of higher education.
Grants made by VentureWell
| Grantee | Grant description | Grant year | Amount |
|---|
| Johns Hopkins University (JHU) | Funding, Hands-On Workshops, Peer Networking Opportunities, and Expert Coaching for Student Teams Working To Commercialize Their High-Impact Science and Technology Inventions. | 2024-06 | $65,000 |
| Georgia Tech Research Corporation | 2024 Innovate Egypt Business Incubation Host; Gist Business Incubation Host | 2024-06 | $48,000 |
| Yale University | NSF Includes Stipend; Funding, Hands-On Workshops, Peer Networking Opportunities, and Expert Coaching for Student Teams Working To Commercialize Their High-Impact Science and Technology Inventions. | 2024-06 | $42,500 |
| ...and 25 more grants made totalling $703,806 |
Who funds VentureWell
Grants from foundations and other nonprofits
Financials for VentureWell
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $6,951,186 | $4,725,919 | 47.1% |
| Program services | $108,534,310 | $88,491,570 | 22.6% |
| Investment income and dividends | $671,149 | $123,139 | 445% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $417,703 | $-16,529 | 2627.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $12,141 | $7,116 | 70.6% |
| Total revenues | $116,586,489 | $93,331,215 | 24.9% |
Organizations like VentureWell
| Organization | Type | Location | Revenue |
|---|
| National Organization for Rare Disorders (NORD) | 501(c)(3) | Quincy, MA | $66,397,453 |
| Lupus Research Alliance (ALR) | 501(c)(3) | New York, NY | $50,861,497 |
| Us Foundation for Inspiration and Recognition of Science and Technology | 501(c)(3) | Manchester, NH | $84,820,628 |
| Ludwig Institute for Cancer Research | 501(c)(3) | New York, NY | $72,893,952 |
| West Virginia University Research | 501(c)(3) | Morgantown, WV | $197,288,918 |
| Alzheimer's Disease Research Foundation Cure Alzheimer's Fund (CAF) | 501(c)(3) | Wellesley Hills, MA | $37,725,207 |
| Cystic Fibrosis Foundation | 501(c)(3) | Bethesda, MD | $292,016,280 |
| Sabin Vaccine Institute | 501(c)(3) | Washington, DC | $40,137,500 |
| The Michael J. Fox Foundation for Parkinsons Research | 501(c)(3) | New York, NY | $316,078,272 |
| Lucile Packard Foundation for Children's Health | 501(c)(3) | Palo Alto, CA | $131,724,808 |
Data update history
June 29, 2025
Received grants
Identified 1 new grant, including a grant for $100,000 from Deshpande Foundation June 25, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 26, 2025
Updated personnel
Identified 2 new personnel
May 26, 2025
Used new vendors
Identified 6 new vendors, including , , , , , and
January 15, 2025
Received grants
Identified 3 new grant, including a grant for $3,021,976 from Lemelson Foundation Nonprofit Types
Grantmaking organizationsDisease research fundraisersSchoolsCharities
Issues
Education
Characteristics
Political advocacyConducts researchLobbyingOperates internationallyReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 100 Venture Way
- Hadley, MA 01035
- Metro area
- Springfield, MA
- County
- Hampshire County, MA
- Website URL
- venturewell.org/Â
- Phone
- (413) 587-2172
- Facebook page
- VentureWellÂ
- Twitter profile
- @venturewellÂ
IRS details
- EIN
- 42-1727335
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2007
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B12: Education Fund Raising and Fund Distribution
- NAICS code, primary
- 813212: Health and Disease Research Fundraising Organizations
- Parent/child status
- Independent
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