Biomedical Institute
Biomedical Institute is a private foundation focused on Education, based in Lewisville, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $61K in total assets. In 2024, it awarded 1 grant totaling $300.
Biomedical Institute at a glance
In short: Biomedical Institute gave $300 across 1 grant in 2024 (avg $300), mostly in Maine. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $300
- -94.3% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $300
- -88.7% vs 2023
- Median grant
- $300
- Total assets
- $61,222
- -3.8% vs 2023
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Biomedical Institute funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Husson University ($300).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Biomedical Institute gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2023 it paid out 196% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $300 (2021) to $5K (2023). In 2024 it made 1 grant totaling $300.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Husson University Bangor, ME | Scholarship for Medical Educaton | $300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $61,222 | $7 | $2,447 | $300 | 1 | $2,295 | — | — |
| 2023 | $63,662 | $-4,351 | $7,132 | $5,300 | 2 | $6,965 | $2,295 | $3,551 |
| 2022 | $75,145 | $3,482 | $2,101 | $300 | 1 | $1,935 | $3,362 | $3,699 |
| 2021 | $73,764 | $3,401 | $2,178 | $300 | 1 | $2,014 | $3,281 | $3,687 |
| 2020 | $72,541 | $3,309 | $3,367 | $1,500 | 1 | — | $3,189 | $3,459 |
Leadership & Key People
Officers and directors from IRS filings
Biomedical Institute is led by W Edward Jordan III MD, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
W Edward Jordan III MD
President
On filings since 2020
No compensation reported
John B Jordan CPA
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Rebecca B Jordan
Secretary
On filings since 2022
No compensation reported
Former officers (1)
- Former: Virginia E Jordan (2020–2021) — Secretary
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.
Frequently asked questions about Biomedical Institute
How much does Biomedical Institute give each year?
Biomedical Institute gave $300 across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 2 grants.
How large is Biomedical Institute?
Biomedical Institute reported $61K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $7.
What is Biomedical Institute?
Biomedical Institute is a private foundation focused on Education, based in Lewisville, TX. It holds $61K in total assets as of 2024.
Where does Biomedical Institute operate?
Biomedical Institute has awarded grants in Maine.
What is Biomedical Institute's EIN?
Biomedical Institute's EIN (Employer Identification Number) is 23-7259889. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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