Massachusetts Biotechnology Council Inc
Massbio is committed to advancing Massachusetts' leadership in the life sciences to grow the industry, add value to the health care system and improve patient lives.
Massachusetts Biotechnology Council Inc at a glance
In short: Massachusetts Biotechnology Council Inc gave $200K across 1 grant in 2024 (avg $200K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $200,000
- -57.3% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $200,000
- -57.3% vs 2023
- Median grant
- $200,000
- Total assets
- $29,007,509
- -2.8% 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 Massachusetts Biotechnology Council Inc
Open Grants
1 open opportunity from Massachusetts Biotechnology Council Inc
Who Massachusetts Biotechnology Council Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Massachusetts Biotechnology Education Foundation Inc ($200K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
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 $3K (2020) to $469K (2023). In 2024 it made 1 grant totaling $200K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Biotechnology Education Foundation Inc Cambridge, MA | In support of Massachusetts biotechnology education foundation, inc. Mission | $200,000 |
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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 | $29,007,509 | $17,768,651 | $17,657,195 | $200,000 | 1 | $809,139 |
| 2023 | $29,829,163 | $18,520,598 | $17,553,360 | $468,500 | 1 | $647,015 |
| 2022 | $31,306,037 | $16,916,817 | $15,878,078 | $27,811 | Total only | $165,704 |
| 2021 | $19,701,937 | $14,815,378 | $11,052,367 | — | — | $28,709 |
| 2020 | $15,841,955 | $12,486,190 | $10,070,293 | $2,500 | Total only | $53,070 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Massachusetts Biotechnology Council Inc
Based on IRS filings
Massachusetts Biotechnology Council Inc is a public charity, based in Cambridge, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.0M in total assets. In 2024, it awarded 1 grant totaling $200K. Net investment income was $809K.
Leadership & Key People
Officers and directors from IRS filings
Massachusetts Biotechnology Council Inc is led by Kendalle Lee Burlin O'Connell, President & CEO since 2023 (on filings since 2020); 8 of 49 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kendalle Lee Burlin O'Connell
President & CEO
Cheif Operating Officer → President & COO, 2021
President & COO → President & CEO, 2023
On filings since 2020
40 hrs/week
$280K (2020) → $482K (2024)
Zachary A. Stanley
Executive Director Bioversity
Vice President of Policy → Executive Director Bioversity, 2023
On filings since 2021
40 hrs/week
$251K (2021) → $177K (2024)
Tamar Thompson
Chair
Clerk → Vice Chair, 2023
Vice Chair → Chair, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Robert Coughlin
Director
President & CEO → Director, 2022
On filings since 2020
0.3 hrs/week
$908K (2020) → $0 (2024)
Chandra Ramanathan
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Cheryl Blanchard
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Chip Clark
Director
On filings since 2020
0.3 hrs/week
No compensation reported
David Lucchino
Director
Past Chair → Director, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
David Meeker
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Edward Kaye
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Eric Rasmussen
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Gary Gillheeney
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Gilmore O'Neill
Director
On filings since 2020
0.3 hrs/week
No compensation reported
John Dunlop
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Liz Lewis
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Lizabeth Leveille
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Luba Greenwood
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Martin Heidecker
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Melissa Bradford-Klug
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Rehan Verjee
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Michal Preminger
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Eileen Elliott
Director
On filings since 2022
0.3 hrs/week
No compensation reported
Dennis Huang
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Jennifer Wipf
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Lauren Celano
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Michael Luther
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Michael Shafer
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Sue Hager
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Brian Foard
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Carolina Alarco
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Christopher Round
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Emma Lees
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Eustacia Reidy Macnaught
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Evan Lippman
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Jacob Becraft
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Marie-Louise Hovgaard-Sveen
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Natacha Gassenbach
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Sharon Cunnigham
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Jason M. Cordeiro
Coio
Vice President of Operations → Vice President Ops. & Coio, 2023
Vice President Ops. & Coio → Coio, 2024
On filings since 2020
40 hrs/week
$193K (2020) → $225K (2024)
Benjamin M. Bradford
Head of External Affairs
Vice President of Membership → Vice President Member & Head Ext.aff, 2023
Vice President Member & Head Ext.aff → Head of External Affairs, 2024
On filings since 2021
40 hrs/week
$218K (2021) → $169K (2024)
Kevin Kelly
CFO
Vice President of Finance → Vice President Finance & CFO, 2023
Vice President Finance & CFO → CFO, 2024
On filings since 2022
40 hrs/week
$215K (2022) → $168K (2024)
Edward Coppinger
Head of Government Affairs
On filings since 2023
40 hrs/week
$286K (2023) → $231K (2024)
Matthew Koons
Senior Vice President of Member Engagement
Vice President of Mermbership → Senior Vice President of Member Engagement, 2024
On filings since 2023
40 hrs/week
$221K (2023) → $165K (2024)
Laura Hamilton
Chief Business Officer
New on the 2024 filing
40 hrs/week
$172K (2024)
Jason Cole
Clerk
Director → Clerk, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Jeffrey Elton
Vice Chair
Director → Clerk, 2023
Clerk → Vice Chair, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Lawrence Wittenberg
Counsel
On filings since 2020
0.5 hrs/week
No compensation reported
Mike O'Hara
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Pam Randhawa
Past Chair
Vice Chair → Chair, 2022
Chair → Past Chair, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (40)
- Former: Barbara Fox (2020–2023) — Director
- Former: Bill McDermott (2020–2023) — Director
- Former: Bill Sibold (2020–2023) — Director
- Former: Chris Garabedian (2020–2023) — Director
- Former: Chris Leibman (2020–2023) — Director
- Former: Christopher Murphy (2020–2023) — Director
- Former: Robert Gottlieb (2020–2023) — Director
- Former: Joseph Boncore (2021–2023) — Former CEO
- Former: Alan Eisenberg (2022–2023) — Director
- Former: Chris Round (2022–2023) — Director
- Former: Cindy Perettie (2023) — Director
- Former: Ed Kaye (2023) — Director
- Former: Rita McAteer (2023) — Vice President of Marketing
- Former: Stacia Reidy Macnaught (2023) — Director
- Former: Adelene Perkins (2020–2022) — Director
- Former: Alice Pomponio (2020–2022) — Director
- Former: Amit Sachdev (2020–2022) — Director
- Former: Charles Wilson (2020–2022) — Director & Past Chair
- Former: Cynthia Perettie (2020–2022) — Director
- Former: Jc Gutierrez-Ramos (2020–2022) — Director
- Former: Kerry Wentworth (2020–2022) — Director
- Former: Kumar Srinivasan (2020–2022) — Director
- Former: Rick Russell (2020–2022) — Director
- Former: Sharon Cload (2020–2022) — Director
- Former: Susan Hager (2020–2022) — Director
- Former: Tim Clackson (2020–2022) — Director
- Former: Udit Batra (2020–2022) — Director
- Former: Gauri R. Nair (2022) — Vice President of Innovation
- Former: Kristine Kelly (2020–2021) — Vice President of Finance
- Former: Laurie Keating (2020–2021) — Director
- Former: Lisa Adler (2020–2021) — Director
- Former: Mark Leuchtenberger (2020–2021) — Director
- Former: Scott H. Gillis (2020–2021) — Director
- Former: Troy Cox (2020–2021) — Director
- Former: Barbara Sosnowski (2020) — Director
- Former: Christopher De Souza (2020) — Director
- Former: Joel Marcus (2020) — Director
- Former: John Hallinan (2020) — Cheif Business Officer
- Former: Mark Bamforth (2020) — Director
- Former: Zach Stanley (2020) — Vice President Policy
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 $482K, to Kendalle Lee Burlin O'Connell (President & CEO). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Massachusetts Biotechnology Council Inc
How much does Massachusetts Biotechnology Council Inc give each year?
Massachusetts Biotechnology Council Inc gave $200K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $469K across 1 grant.
How large is Massachusetts Biotechnology Council Inc?
Massachusetts Biotechnology Council Inc reported $29.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $17.8M.
Where does Massachusetts Biotechnology Council Inc operate?
Massachusetts Biotechnology Council Inc has awarded grants in Massachusetts.
What is Massachusetts Biotechnology Council Inc's EIN?
Massachusetts Biotechnology Council Inc's EIN (Employer Identification Number) is 22-2693047. 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 August 26, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 26, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 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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Massachusetts Biotechnology Council Inc down — hundreds of funders to go?