Biotechnology Innovation Organization logo

Biotechnology Innovation Organization

WASHINGTON, DC EIN: 52-1224577 Website

The Biotechnology Innovation Organization (BIO) is a 501(c)(6) business league and trade association headquartered in Washington, DC. Founded in 1981 and granted tax-exempt status in January 1982, BIO is the world's largest biotech trade association. The organization represents approximately 1,000 companies and organizations across the biotechnology sector, with members ranging from biotech start-ups to some of the world's largest biopharmaceutical companies. BIO operates in 29 countries and maintains a workforce of 287 employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$170.1M

+8.6% YoY

Annual Giving

$1.5M

+89.4% YoY

Grant Count

61

+35.6% YoY

Avg Grant Size

$24K

+39.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

BIO's mission is to support the biotechnology industry and expand the boundaries of science to benefit mankind. The organization advocates for bringing new treatments to patients with serious medical conditions and supports policies that promote innovation and improve patient access.

BIO's activities are organized into two primary programs:

Advocacy: BIO's advocacy efforts reflect priorities identified by the board of directors and three section governing boards. Key advocacy accomplishments include:

  • Safeguarding and advancing intellectual property protections domestically and internationally
  • Fostering dialogue about the socially responsible use of biotechnology
  • Promoting investment in government and academic research
  • Expanding outreach to foreign governments and international entities to educate on policy issues and improve the investment and regulatory climate for biotech products
  • Promoting healthcare policies that recognize the promise and value of innovation
  • Advocating for safe and predictable regulatory frameworks

Services: BIO organizes the BIO International Convention and a series of annual conferences that drive partnerships, investment, and progress within the sector. The organization provides networking, partnering, and education opportunities for members.

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Geographic Focus

Where this funder awards grants

BIO represents members in the United States, with particular presence in Washington DC and state capitals. The organization also operates internationally, representing members in more than 35 countries around the globe and maintaining operations in 29 countries.

Grant Distribution by State

38states
+30 more states

Cities

AieaAlexandriaArdmoreArlingtonAtlantaAugustaAustinBaltimoreBerkeleyBethesdaBillingsBoiseBostonBowieBroomfieldCambridgeCamdentonChandlerChicagoClinton Twp

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Annual Revenue: $118,000,000
  • Total Expenses: $100,000,000
  • Total Assets: $170,000,000
  • Total Liabilities: $76,900,000

Prior Fiscal Year (2023):

  • Total Revenues: $113,768,509
  • Total Expenses: $91,630,164
  • Total Assets: $156,639,347

Staffing:

  • 287 employees as of most recent data (representing 12.0% year-over-year growth)
  • 181 employees reported in 2023
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32M$65M$97M$130M20202021202220232024
Metric202420232022
Total Assets$170,089,094$156,639,347$124,412,600
Revenue$117,748,708$113,768,509$103,185,175
Expenses$100,010,786$91,630,164$86,344,110
Qualifying Distributions
Net Investment Income$9,375,263$2,221,609$3,416,988
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$744K$1M$2M$3M75 grants202080 grants202135 grants202245 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

REPUBLICAN GOVERNORS ASS…$195KBAYH DOLE COALITION$140KREPUBLICAN STATE LEADERS…$130KDEMOCRATIC GOVERNORS ASS…$110KNATIONAL HEALTH COUNCIL …$75KNATIONAL GOVERNORS ASSOC…$60KHEALTHCARE READY$40KRESEARCHAMERICA$40KAMERICAN CANCER SOCIETY …$28KCENTER FOR FOOD INTEGRIT…$25K

Grant Size Distribution

230 grants across all recorded years

207<$50K9$50–100K11$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

John Crowley serves as Principal Officer of the organization.

Compensation Overview

From 2024 IRS filing

JOHN F CROWLEYPRESIDENT AND CEO$2.7MRACHEL K KINGINTERIM PRESIDENT AND CEO$1.7MELIZABETH CARTIER ES…CHIEF SCIENCE OFFICER$1.0MSTEPHEN JASKOCHIEF BUSINESS AND FINANCIAL…$809KRICHARD MASTERSCHIEF PUBLIC AFFAIRS & MARKE…$745KPETER MCHUGHCHIEF LEGAL OFFICER$689KLETONIA D FYKESCHIEF EVENTS & INDUSTRY PROG…$596KJOHN MURPHYCHIEF POLICY OFFICER$567KMICHELLE MCMURRY-HEATHFORMER PRESIDENT AND CEO$264K

From 2024 filing

NameTitleHoursCompensation
JOHN F CROWLEYPRESIDENT AND CEO40$2,747,033
FRITZ BITTENBENDERBOARD & HEALTH SECTION VICE CHAIR2
GRACE E COLONEMERGING COMPANIES SECTION V CHAIR2
PAUL J HASTINGSIMMEDIATE PAST CHAIR2
ELIZABETH LEWIS UNTIL 32024ASSOCIATE VICE CHAIR & SECRETARY2
TED W LOVEBOARD & HEALTH SECTION CHAIR2
WILLIAM J NEWELLASSOCIATE VICE CHAIR & SECRETARY2
ANNA RATH UNTIL 32024AGRICULTURE & ENV SECTION CHAIR2
DUANE J SIMPSONAGRICULTURE & ENV SECTION VICE CHAIR2
ERIKA SMITHEMERGING COMPANIES SECTION CHAIR2
TAD SONSTEGARDAGRICULTURE & ENV SECTION VICE CHAIR2
BRADFORD A ZAKESTREASURER2
ANGELA CARISA AILLONIDIRECTOR (UNTIL DECEMBER 2024)2
STEVE ALBERSDIRECTOR2
STUART A ARBUCKLEDIRECTOR2
MARTIN BABLERDIRECTOR2
MARIANNE DE BACKERDIRECTOR2
BRAD BAILEYDIRECTOR2
JACOB BECRAFTDIRECTOR2
SULAGNA BHATTACHARYADIRECTOR2
ROBERT BLUMDIRECTOR2
CARRIE L BOURDOWDIRECTOR (UNTIL DECEMBER 2024)2
CARINE BOUSTANYDIRECTOR2
DAVID BOYERDIRECTOR2
STEPHEN BRADYDIRECTOR2
CHRISTINE BRENNANDIRECTOR2
VICTOR BULTODIRECTOR2
JOHN BUTLERDIRECTOR2
GIACOMO CHIESIDIRECTOR2
JEFFREY L CLELANDDIRECTOR2
RON COHENDIRECTOR (UNTIL JUNE 2024)2
BRUCE C COZADDDIRECTOR2
MIKE DIALDIRECTOR2
ERIC M DUBEDIRECTOR2
MARC DUNOYERDIRECTOR2
MARK ENYEDYDIRECTOR (UNTIL MAY 2024)2
DAVID ESPOSITODIRECTOR2
BARRY P FLANNELLYDIRECTOR2
ALEXANDRIA FORBESDIRECTOR2
KAYE FOSTERDIRECTOR (UNTIL MAY 2024)2
CEDRIC FRANCOISDIRECTOR (UNTIL SEPTEMBER 2024)2
CARI GALLMANDIRECTOR2
KYLE GANODIRECTOR (UNTIL OCTOBER 2024)2
DEBORAH GLASSERDIRECTOR2
JOHN GLASSPOOLDIRECTOR2
JENNIFER GOODDIRECTOR2
KEVIN C GORMANDIRECTOR (UNTIL JUNE 2024)2
YVONNE GREENSTREETDIRECTOR2
SEBASTIAN GUTHDIRECTOR2
KARIS GUTTERDIRECTOR2
ALEXANDER HARDYDIRECTOR (UNTIL OCTOBER 2024)2
STEVEN HARRDIRECTOR2
RACHEL HAURWITZDIRECTOR2
KATE HAVILANDDIRECTOR2
DAVID HIRSCHIDIRECTOR2
JENNIFER HOLMGRENDIRECTOR2
CRISTIN HUBBARDDIRECTOR2
MIKE HUCKMANDIRECTOR2
ELIZABETH JEFFORDSDIRECTOR2
SABRINA JOHNSONDIRECTOR2
PATRIK JONSSONDIRECTOR2
DAVID KETTNERDIRECTOR2
NINA KJELLSONDIRECTOR2
SCOTT KOENIGDIRECTOR2
NEIL KUMARDIRECTOR2
JOSEPH J LAROSADIRECTOR2
CHRIS LEIBMANDIRECTOR2
JEREMY M LEVINDIRECTOR2
SANDY MACRAEDIRECTOR2
GAIL MADERISDIRECTOR (UNTIL SEPTEMBER 2024)2
ANTHONY MANCINIDIRECTOR (UNTIL OCTOBER 2024)2
MAYA MARTINEZ-DAVISDIRECTOR (UNTIL DECEMBER 2024)2
SHARON MATESDIRECTOR2
THOMAS P MATHERSDIRECTOR2
REENIE MCCARTHYDIRECTOR2
SHEILA ANN MIKHAILDIRECTOR2
FREDERICK MOOREDIRECTOR2
ROCCO MORELLIDIRECTOR (UNTIL MARCH 2024)2
MICHAEL M MORRISSEYDIRECTOR2
AMIR NASHATDIRECTOR (UNTIL JUNE 2024)2
SONIA NATHDIRECTOR2
ANDREW OBENSHAINDIRECTOR2
JANNIE OOSTHUIZENDIRECTOR2
CATHERINE OWENDIRECTOR (UNTIL JANUARY 2024)2
JULIA OWENSDIRECTOR2
JOHN V OYLERDIRECTOR (UNTIL JUNE 2024)2
CYNTHIA PERETTIEDIRECTOR2
RICHARD POPSDIRECTOR2
MARK PRUZANSKIDIRECTOR2
SOFIE QIAODIRECTOR (UNTIL MAY 2024)2
MIKE G RAABDIRECTOR2
MAGI RICHANIDIRECTOR2
MICHAEL J RUGGIERODIRECTOR2
JAMES SAPIRSTEINDIRECTOR2
CHRISTOPHE SCHILLINGDIRECTOR (UNTIL FEBRUARY 2024)2
MICHAEL SCHOENDIRECTOR2
HAROUT SEMERJIANDIRECTOR2
NANCY SIMONIANDIRECTOR (UNTIL FEBRUARY 2024)2
EDDIE J SULLIVANDIRECTOR2
IAN THOMPSONDIRECTOR (UNTIL OCTOBER 2024)2
NOLAN TOWNSENDDIRECTOR2
LINDA TROLINDERDIRECTOR (UNTIL JANUARY 2024)2
NEIL K WARMADIRECTOR2
FRANK WATANABEDIRECTOR2
SCOTT WHITEDIRECTOR2
LESLIE WILLIAMSDIRECTOR2
RICK E WINNINGHAMDIRECTOR2
SYLVIA WULFDIRECTOR2
TATSUYUKI YASUNODIRECTOR2
DAPHNE ZOHARDIRECTOR2
STEPHEN JASKOCHIEF BUSINESS AND FINANCIAL OFFICER40$808,510
RACHEL K KINGINTERIM PRESIDENT AND CEO40$1,658,415
RICHARD MASTERSCHIEF PUBLIC AFFAIRS & MARKETING OFF40$744,710
LETONIA D FYKESCHIEF EVENTS & INDUSTRY PROGRAMS OFFICER40$596,087
ELIZABETH CARTIER ESHAMCHIEF SCIENCE OFFICER40$1,012,398
PETER MCHUGHCHIEF LEGAL OFFICER40$688,807
JOHN MURPHYCHIEF POLICY OFFICER40$567,043
MICHELLE MCMURRY-HEATHFORMER PRESIDENT AND CEO40$264,130

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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