Advanced Regenerative Manufacturing Institute Inc
Advanced Regenerative Manufacturing, also known as ARMI, is a Manchester, New Hampshire-based public charity. It advances U.S. bioeconomy and biofabrication by supporting the development of scalable, secure, and cost-effective manufacturing for regenerative medicine, including cell-, tissue-, and organ-based products.
Advanced Regenerative Manufacturing Institute Inc at a glance
In short: Advanced Regenerative Manufacturing Institute Inc gave $17.5M across 26 grants in 2024 (avg $674K), mostly in Vermont. 38% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $17,517,625
- +63.7% vs 2023
- Grants made (2024)
- 26
- -21.2% vs 2023
- Average grant
- $673,755
- +107.8% vs 2023
- Median grant
- $108,992
- Total assets
- $37,903,038
- +30.5% vs 2023
- New grantees (estimate)
- 38% first-time grantees (9 of 24, 2024; small sample)
- Primary geography
- Vermont (74% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Advanced Regenerative Manufacturing Institute Inc
- Contact
Mailing address: 400 Commercial St, Manchester, NH 03101
Phone: (603) 666-3905
Website: https://armiusa.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Advanced Regenerative Manufacturing Institute Inc
Advanced Manufacturing Technician Apprenticeship Program
Advanced Regenerative Manufacturing Institute Inc
Amount
Varies
Deadline
Deadline not published
Biofabrication Apprenticeship Program
Advanced Regenerative Manufacturing Institute Inc
Amount
Varies
Deadline
Deadline not published
Who Advanced Regenerative Manufacturing Institute Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was BETA Technologies Inc ($13.0M). Together the top 10 received $16.7M.
Grant Size Distribution
171 grants across all recorded years
The most common grant size was in the $100–250K range: 51 grants of 171 (30%).
Geographic Focus
Where this funder awards grants
ARMI is based in Manchester, New Hampshire. In 2024, 74% of its grant dollars went to recipients in Vermont, 10% to New Hampshire, 4% each to Massachusetts and Illinois, and 2% to California. Its grant list also includes recipients in other states.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Is Advanced Regenerative Manufacturing Institute Inc open to new grantees?
38%
first-time grantees, 2024
In 2024, 9 of 24 grantees (38%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $121K; repeat grants $1.1M. How we count
Medians: $42K first-time, $137K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8.7M (2020) to $17.5M (2024). In 2024 it made 26 grants totaling $17.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BETA Technologies Inc South Burlington, VT | See Part IV | $13,047,812 |
| DEKA Integrated Solutions Corp Manchester, NH | See Part IV | $1,088,937 |
| MxD USA Chicago, IL | See Part IV | $697,991 |
| Massachusetts General Hospital Boston, MA | See Part IV | $569,674 |
| University of New Hampshire Durham, NH | See Part IV | $341,318 |
| Boston University New York, NY | See Part IV | $213,111 |
| University of California Davis Los Angeles, CA | See Part IV | $206,863 |
| Georgia Tech Research Corp Atlanta, GA | See Part IV | $170,659 |
| Arizona State University Tempe, AZ | See Part IV | $151,108 |
| Dartmouth College Hanover, NH | See Part IV | $137,379 |
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Financial History
Multi-year comparison from IRS filings
The filing type is Form 990 (a public charity).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $37,903,038 | $41,521,294 | $38,916,172 | $17,517,625 | 26 | $117,957 |
| 2023 | $29,045,430 | $26,819,069 | $26,309,774 | $10,701,154 | 33 | $102,808 |
| 2022 | $28,649,661 | $30,061,391 | $27,499,747 | $12,161,918 | 42 | $9,695 |
| 2021 | $22,637,554 | $26,561,020 | $21,552,547 | $11,381,006 | 38 | $8,405 |
| 2020 | $17,423,174 | $23,960,299 | $19,549,108 | $8,733,915 | 32 | $11,202 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
ARMI states that its mission is to support, develop, advance, and promote the U.S. bioeconomy. Its work includes funding projects addressing shared manufacturing challenges in tissue engineering, supporting education and workforce development, and providing commercialization services to tissue-engineering and enabling-technology companies.
BioFabUSA’s technical priorities include raw materials; equipment and software; automation; measurement and data management; preservation, storage, and transport; processes and quality systems; and standards. ARMI also describes activities that convene organizations to share learning about technical, regulatory, workforce, and financial challenges.
The 2024 grant list includes research and educational institutions, hospitals, and companies. For example, Georgia Tech Research Corporation received a grant; it describes its mission as supporting Georgia Tech research, technical assistance, and economic development. Arizona State University also received a grant; it describes its mission as advancing the university and supporting alumni, students, and friends.
Grantmaking
In 2024, ARMI reported 26 grants totaling $17,517,625. Grant amounts ranged from $5,732 to $13,047,812, with a median of $108,992. The largest awards included:
ARMI describes its technical-project funding as addressing manufacturing technology gaps and enabling scalable, consistent, and cost-effective production. Its filing also describes subawards issued through a federally approved governance process. Subaward monitoring may include written statements of work, periodic progress calls, and review of deliverables before invoices are approved.
ARMI’s website describes requests for proposals and project calls, with future project calls announced through the BioFabUSA Member Portal and ARMI communications. The BioFab Startup Lab supports emerging companies with commercialization services, but it is described as a program launched through a grant from the U.S. Economic Development Administration, not as a grant award program for outside applicants.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dean Kamen as Executive Director, Brendan Duffy as Treasurer, Maureen Toohey as Deputy Executive Director, and James Scott as Chief Administrative Officer. It lists Martine Rothblatt, John Abele, Jim Weinstein, Blake Moret, Elisabeth Reynolds, and Winston Oluwole Soboyejo as board members.
ARMI’s website identifies Dean Kamen as Executive Director and Chairman of the Board, Maureen Toohey as Deputy Executive Director and Secretary of the Board, Thomas Bollenbach as Chief Technology Officer, Jim Scott as Chief Administrative Officer, and Jennifer MacDonald as Chief Operating Officer.
Advanced Regenerative Manufacturing Institute Inc is led by Dean Kamen, Executive Director on every filing since 2020; 6 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Dean Kamen
Executive Director
On filings since 2020
5 hrs/week
No compensation reported
Richard McFarland
Chief Regulatory Officer
On filings since 2020
40 hrs/week
$205K (2020) → $219K (2024)
Thomas Deyak
Chief Finance Officer
Controller → Chief Finance Officer, 2024
On filings since 2020
40 hrs/week
$140K (2020) → $179K (2024)
Edward Gordon
Chief Commercialization Officer
Chief Operating Officer - Biofab → Biofab Chief Operating Officer, 2023
Biofab Chief Operating Officer → Chief Commercialization Officer, 2024
On filings since 2022
40 hrs/week
$193K (2022) → $193K (2024)
Julie Lenzer
Chief Innovation Officer
On filings since 2022
40 hrs/week
$178K (2022) → $205K (2024)
Jennifer MacDonald
Chief Operating Officer
On filings since 2023
40 hrs/week
$258K (2023) → $241K (2024)
Daniel Behr
Lead Executive in Residence & Hth
New on the 2024 filing
40 hrs/week
$199K (2024)
Blake Moret
Board Member
On filings since 2020
1 hr/week
No compensation reported
Brendan Duffy
Treasurer
On filings since 2020
1 hr/week
No compensation reported
James Scott
Chief Administrative Officer
Chief Operating Officer → Chief Administrative Officer, 2023
On filings since 2020
8 hrs/week
No compensation reported
Jim Weinstein
Board Member
On filings since 2020
1 hr/week
No compensation reported
John Abele
Board Member
On filings since 2020
1 hr/week
No compensation reported
Martine Rothblatt
Board Member
On filings since 2020
1 hr/week
No compensation reported
Maureen Toohey
Deputy Executive Director
On filings since 2020
15 hrs/week
No compensation reported
Elisabeth Reynolds
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Winston Oluwole Soboyejo
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: Karla Talanian (2023) — Past Chief Workforce Development Officer
- Former: Michael Orrico (2023) — Biofab Startup Lab Manager
- Former: Jeremiah Wille (2022) — Senior Regulatory Affairs Specialist
- Former: Kelly Morbey (2022) — Director of Regulatory Affairs
- Former: Laurie Leshin (2020–2021) — Board Member
- Former: Paul Mailhot (2020–2021) — Chief Membership Officer
- Former: Damian Hile (2021) — Senior Process Development Scientist
- Former: Michael Pisani (2021) — Director of Technology Operations
- Former: Alexander Titus (2020) — Chief Strategy Officer
- Former: Rebecca Robinson-Zeigler (2020) — Past Deputy Regulatory Officer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $241K, to Jennifer MacDonald (Chief Operating Officer). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Advanced Regenerative Manufacturing Institute Inc
How much does Advanced Regenerative Manufacturing Institute Inc give each year?
Advanced Regenerative Manufacturing Institute Inc gave $17.5M across 26 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $10.7M across 33 grants.
What is Advanced Regenerative Manufacturing Institute Inc's typical grant size?
Advanced Regenerative Manufacturing Institute Inc's median grant in 2024 was $108,992, and its average grant was $673,755, across 26 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Advanced Regenerative Manufacturing Institute Inc that year got $121K on average.
Where does Advanced Regenerative Manufacturing Institute Inc give grants?
Advanced Regenerative Manufacturing Institute Inc gives mostly in Vermont: 74% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New Hampshire (10%). The most frequent recipient cities were Manchester, NH (4 grants).
Does Advanced Regenerative Manufacturing Institute Inc give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on Advanced Regenerative Manufacturing Institute Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "See Part IV" (26 grants).
Who are Advanced Regenerative Manufacturing Institute Inc's largest grantees?
Advanced Regenerative Manufacturing Institute Inc's largest 2024 grantees include BETA Technologies Inc ($13,047,812), DEKA Integrated Solutions Corp ($1,173,488 across 3 grants) and MxD USA ($697,991), according to its 2024 IRS Form 990. Together they received 85% of its itemized 2024 grant dollars.
How large is Advanced Regenerative Manufacturing Institute Inc?
Advanced Regenerative Manufacturing Institute Inc reported $37.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $41.5M.
What does Advanced Regenerative Manufacturing Institute Inc fund?
ARMI states that its mission is to support, develop, advance, and promote the U.S. bioeconomy. See mission & focus areas ↑
How do I apply for a grant from Advanced Regenerative Manufacturing Institute Inc?
Advanced Regenerative Manufacturing Institute Inc has no public application process in the sources Grantable reviewed. Check armiusa.org for current guidelines, or contact the foundation directly before submitting a request.
What is Advanced Regenerative Manufacturing Institute Inc's EIN?
Advanced Regenerative Manufacturing Institute Inc's EIN (Employer Identification Number) is 81-3327581. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 17, 2025)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Advanced Regenerative Manufacturing Institute Inc funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/advanced-regenerative-manufacturing-institute-inc-morg_0fd14790a96c47179bed8cdb41843345
BibTeX
@misc{grantable_813327581_2026,
author = {{Grantable}},
title = {{Advanced Regenerative Manufacturing Institute Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/advanced-regenerative-manufacturing-institute-inc-morg_0fd14790a96c47179bed8cdb41843345},
note = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Advanced Regenerative Manufacturing Institute Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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