Advanced Regenerative Manufacturing Institute Inc logo

Advanced Regenerative Manufacturing Institute Inc

501(c)(6) organization Manchester, NH EIN: 81-3327581 Website

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.

Who Advanced Regenerative Manufacturing Institute Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BETA Technologies Inc: $13.0MBETA Technologies Inc$13.0MDEKA Integrated Solutions Corp: $1.2M across 3 grantsDEKA Integrated Solutions Corp$1.2M · 3 grantsMxD USA: $698KMxD USA$698KMassachusetts General Hospital: $570KMassachusetts General Hospital$570KUniversity of New Hampshire: $341KUniversity of New Hampshire$341KBoston University: $213KBoston University$213KUniversity of California Davis: $207KUniversity of California Davis$207KGeorgia Tech Research Corp: $171KGeorgia Tech Research Corp$171KArizona State University: $151KArizona State University$151KDartmouth College: $137KDartmouth College$137K

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

49<$50K24$50–100K51$100–250K25$250–500K14$500K–1M7$1–5M1$5M+

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

25states

Share of 2024 grant dollars across all 26 itemized grants.

Cities

ManchesterCambridgeAlachuaAtlantaBostonDurhamCollege StationHanoverLos AngelesLouisvilleSalt Lake CitySan AntonioTempeChicagoNotre DameWorcesterBedfordBirminghamCharlottesvilleGaithersburg

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.

  • 54% of 2024 grantees were also funded in 2023. Method
  • Giving grew 54% from 2021 to 2024. Method

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

$0$5M$10M$15M$20M32 grants2020 38 grants2021 42 grants2022 33 grants2023 26 grants2024

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

RecipientPurposeAmount
BETA Technologies Inc South Burlington, VTSee Part IV$13,047,812
DEKA Integrated Solutions Corp Manchester, NHSee Part IV$1,088,937
MxD USA Chicago, ILSee Part IV$697,991
Massachusetts General Hospital Boston, MASee Part IV$569,674
University of New Hampshire Durham, NHSee Part IV$341,318
Boston University New York, NYSee Part IV$213,111
University of California Davis Los Angeles, CASee Part IV$206,863
Georgia Tech Research Corp Atlanta, GASee Part IV$170,659
Arizona State University Tempe, AZSee Part IV$151,108
Dartmouth College Hanover, NHSee 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).

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$37,903,038$41,521,294$38,916,172$17,517,62526$117,957
2023$29,045,430$26,819,069$26,309,774$10,701,15433$102,808
2022$28,649,661$30,061,391$27,499,747$12,161,91842$9,695
2021$22,637,554$26,561,020$21,552,547$11,381,00638$8,405
2020$17,423,174$23,960,299$19,549,108$8,733,91532$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

Jennifer MacDonald — Chief Operating Officer: $241KJennifer MacDonaldChief Operating Officer$241KRichard McFarland — Chief Regulatory Officer: $219KRichard McFarlandChief Regulatory Officer$219KJulie Lenzer — Chief Innovation Officer: $205KJulie LenzerChief Innovation Officer$205KDaniel Behr — Lead Executive in Residence, HTH: $199KDaniel BehrLead Executive in Residence, HTH$199KEdward Gordon — Chief Commercialization Officer: $193KEdward GordonChief Commercialization Officer$193KThomas Deyak — Chief Finance Officer: $179KThomas DeyakChief Finance Officer$179K

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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS December 17, 2025)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. 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 22, 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 2026-10-22. 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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