Lab Central Inc
Lab Central supports creation of innovative startup biotechnology companies by providing a world-class environment for entreprenuers, and a fully functional life science laboratory within the kendall square innovation hub.
Lab Central Inc at a glance
In short: Lab Central Inc gave $78K across 6 grants in 2024 (avg $13K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $78,000
- -2.5% vs 2023
- Grants made (2024)
- 6
- -25.0% vs 2023
- Average grant
- $13,000
- +30.0% vs 2023
- Median grant
- $13,000
- Total assets
- $110,671,425
- +1.5% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Lab Central Inc
Open Grants
2 open opportunities from Lab Central Inc
Who Lab Central Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Joseph Beyen DBA Nanoplex ($13K). Together the top 6 received $78K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $60K (2022) to $185K (2020). In 2024 it made 6 grants totaling $78K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Joseph Beyen DBA Nanoplex Hyde Park, MA | GRANT | $13,000 |
| Interon Laboratories Inc Braintree, MA | GRANT | $13,000 |
| Phagepro PBC Mansfield, MA | GRANT | $13,000 |
| Coagulo Medical Technologies Inc Auburndale, MA | GRANT | $13,000 |
| Neoclease Inc Boston, MA | GRANT | $13,000 |
| Lybra Bio Allston, MA | GRANT | $13,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $110,671,425 | $27,342,387 | $24,529,205 | $78,000 | 6 | $968,640 |
| 2023 | $109,041,639 | $24,500,358 | $24,876,840 | $80,000 | 8 | $565,201 |
| 2022 | $112,390,390 | $22,629,616 | $21,652,194 | $60,000 | 4 | $87,946 |
| 2021 | $43,646,817 | $21,795,021 | $19,092,023 | — | — | $44,818 |
| 2020 | $31,440,783 | $20,436,198 | $18,194,883 | $185,000 | 10 | $78,720 |
About Lab Central Inc
Based on IRS filings
Lab Central Inc is a public charity focused on Science & Technology, based in Cambridge, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110.7M in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $969K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Lab Central Inc is led by Johannes Fruehauf, President & Co-Founder since 2024 (on filings since 2020); 10 of 13 officers listed in 2024 are compensated.
Officers on the 2024 filing
Johannes Fruehauf
President & Co-Founder
President → President & Co-Founder, 2024
On filings since 2020
26 hrs/week
$299K (2020) → $323K (2024)
Steven Tregay
Chairman of the Board
Chariman → Chairman of the Board, 2024
On filings since 2020
1 hr/week
No compensation reported
Peter D. Parker
Secretary & Director
On filings since 2020
3 hrs/week
$43K (2020) → $840 (2024)
Susan Windham-Bannister
Director
On filings since 2020
1 hr/week
$20K (2021) → $20K (2024)
Rachele Ryan
Senior Director, Ptnrshps, Programming & Community
Director, Programming & Community → Senior Director, Ptnrshps, Programming & Community, 2024
On filings since 2023
40 hrs/week
$179K (2023) → $186K (2024)
Beth McKeon
Senior Director & Ignite Vc
New on the 2024 filing
40 hrs/week
$209K (2024)
Pete Donovan
Director, Finance & Accounting
New on the 2024 filing
40 hrs/week
$194K (2024)
John Harthorne
Director
On filings since 2020
1 hr/week
No compensation reported
Jo Viney
Director
On filings since 2021
1 hr/week
No compensation reported
Celina C. Chang
Vice President & Science Strategy
Vice President, Science Operations & Strategic Relationships → Vice President & Science Operations, 2022
Vice President & Science Operations → Vice President & Science Strategy, 2024
On filings since 2020
40 hrs/week
$229K (2020) → $259K (2024)
Margaret E. O'Toole
Chief Operating Officer
On filings since 2020
40 hrs/week
$325K (2020) → $346K (2024)
Peter Shanley
Chief Financial Officer
CFO & Treasurer → Chief Financial Officer, 2024
On filings since 2020
16 hrs/week
$85K (2020) → $129K (2024)
Mike Larhette
Chief Business Officer
On filings since 2021
36 hrs/week
$260K (2021) → $312K (2024)
Former officers (5)
- Former: Anna Whitlock (2020–2023) — Senior Director People Strategy
- Former: Gretchen Cook-Anderson (2022–2023) — Executive Director of Igni
- Former: Krista Licata (2020–2022) — Senior Director
- Former: Shawn Ayube (2020–2021) — Director of Harvard Life Lab
- Former: Abby Johnson (2020) — Director of Accounting & Controller
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 $346K, to Margaret O'Toole (Chief Operating Officer). 10 officers or directors reported compensation on that filing.
Frequently asked questions about Lab Central Inc
How much does Lab Central Inc give each year?
Lab Central Inc gave $78K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $80K across 8 grants.
What is Lab Central Inc's typical grant size?
Lab Central Inc's median grant in 2024 was $13,000, and its average grant was $13,000, across 6 grants on its 2024 IRS Form 990.
Where does Lab Central Inc give grants?
Lab Central Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Lab Central Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Lab Central Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Grant" (6 grants).
Who are Lab Central Inc's largest grantees?
Lab Central Inc's largest 2024 grantees include Joseph Beyen DBA Nanoplex ($13,000), Interon Laboratories Inc ($13,000) and Phagepro PBC ($13,000), according to its 2024 IRS Form 990. Together they received 50% of its itemized 2024 grant dollars.
How large is Lab Central Inc?
Lab Central Inc reported $110.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $27.3M.
What is Lab Central Inc?
Lab Central Inc is a public charity focused on Science & Technology, based in Cambridge, MA. It holds $110.7M in total assets as of 2024.
What is Lab Central Inc's EIN?
Lab Central Inc's EIN (Employer Identification Number) is 46-1031913. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 29, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Lab Central Inc's focus areas in our free grants database
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Eastern Cambridge Foundation has historically made grants in Massachusetts, but it is dissolving and transferring its assets to Eastern Bank Foundation; its 2025 filing reports a one-time $5.5 million transfer, not a typical ongoing grant size. The filing says to contact the foundation for application materials and does not state whether it accepts unsolicited requests.
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Massachusetts Biomedical Initiatives Inc
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The Viney Wallach Foundation supports charitable organizations in areas including child advocacy, mentoring, education, civic participation, and life sciences, with most 2024 funding going to Massachusetts organizations. Grants ranged from $2,500 to $70,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.
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Life Science Cares Inc
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Life Science Cares supports local nonprofits addressing poverty and inequality through basic needs, education, and opportunity, with a health-equity focus in Boston. Its 2024 grants ranged from $8,400 to $424,600, with a median of $50,000, and it operates in Boston, Philadelphia, San Diego, the San Francisco Bay Area, and New York. It uses a competitive selection process; whether it accepts unsolicited requests is not stated.
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Boston Medical Center Corporation
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Assets
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Total Given
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Lab Central Inc down — hundreds of funders to go?