Advanced Medical Research Foundation

CHESTNUT HILL, MA EIN: 51-0209657 Website

THE CORPORATION IS ORGANIZED,AND SHALL BE OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF, ONE OR MORE CHARITABLE ORGANIZATIONS THAT PROMOTE THE ADVANCEMENT OF MEDICINE, ENGAGE IN MEDICAL AND SCIENTIFIC RESEARCH AND PROMOTE PUBLIC EDUCATION RELATED TO THE FOREGOING AND THAT HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND AS ORGANIZATIONS DESCRIBED IN EITHER SECTION 509(A)(1) OR SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$82.6M

+22.8% YoY

Annual Giving

$1.6M

+4.8% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$819K

+57.3% YoY

About Advanced Medical Research Foundation

Based on IRS filings

Advanced Medical Research Foundation is a nonprofit organization focused on Medical Research, based in CHESTNUT HILL, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82.6M in total assets. In 2024, it awarded 2 grants totaling $1.6M. Net investment income was $3.0M.

Focus Areas

Medical Research

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $8.9M (100%)

States

Massachusetts

Cities

BostonCambridgeMiltonSalem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$82,593,099	$67,241,032	$54,083,273
Revenue	$6,586,895	$3,972,625	$3,999,706
Expenses	$2,403,204	$2,441,539	$3,316,425
Qualifying Distributions	—	—	—
Net Investment Income	$3,026,312	$1,020,364	$1,158,609
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Massachusetts General Hospital ($1,278,000), Children's Hospital Boston ($359,250).

Recipient	Purpose	Amount
CHILDREN'S HOSPITAL BOSTON BOSTON, MA	CANCER RESEARCH	$359,250
MASSACHUSETTS GENERAL HOSPITAL BOSTON, MA	CANCER RESEARCH	$1,278,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARTINA B ALBRIGHT	PRESIDENT	5	$75,000
ISAAC SCHIFF	DIRECTOR	1	—
OLIVER ROBINSON	TREASURER	35	$75,000
WHITFIELD GROWDON	CLERK	1	—
HARRY ORF	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Medical Research

Frequently Asked Questions

What is Advanced Medical Research Foundation?

Advanced Medical Research Foundation is a nonprofit organization focused on Medical Research, based in CHESTNUT HILL, MA. It holds $82.6M in total assets as of 2024.

How large is Advanced Medical Research Foundation?

As of 2024, Advanced Medical Research Foundation holds $82.6M in total assets with $6.6M in annual revenue. It awarded 2 grants totaling $1.6M in 2024.

Where does Advanced Medical Research Foundation operate?

Advanced Medical Research Foundation has awarded grants in Massachusetts.

What size grants does Advanced Medical Research Foundation award?

In 2024, Advanced Medical Research Foundation awarded 2 grants totaling $1.6M — an average of about $819K per grant, based on its IRS Form 990 filings.

What is Advanced Medical Research Foundation's EIN?

Advanced Medical Research Foundation's EIN (Employer Identification Number) is 51-0209657. IRS Form 990 filing data is available on this page for 2020–2024.