National Biomedical Research Foundation is a private foundation focused on Medical Research, based in WALTHAM, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grants totaling $567K. Net investment income was $107K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
-21.1% YoY
Annual Giving
$567K
Grant Count
1
Avg Grant Size
$567K
Under IRS private-foundation payout rules, National Biomedical Research Foundation reported a distributable amount of $93K for 2025 — the minimum it must pay out in qualifying distributions.
About National Biomedical Research Foundation
Based on IRS filings
National Biomedical Research Foundation is a private foundation focused on Medical Research, based in WALTHAM, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grants totaling $567K. Net investment income was $107K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,960,981 | $2,484,949 | $2,381,442 |
| Revenue | $63,494 | $124,003 | $-15,816 |
| Expenses | $586,889 | $20,443 | $1,019,692 |
| Qualifying Distributions | $585,401 | $18,719 | $1,017,854 |
| Net Investment Income | $107,033 | $124,003 | $132,238 |
| Distributable Amount | $93,323 | $109,652 | $126,406 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Bentley University ($567,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BENTLEY UNIVERSITY WALTHAM, MA | DEVELOP AND MAINTAIN CENTER FOR INTEGRATION OF SCIENCE AND INDUSTRY AT BENTLEY UNIVERSITY | $567,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR FRED LEDLEY | PRESIDENT | 2 | — |
| BRUCE KURLANDER ESQ | CLERK/TREASURER | 2 | — |
| BRUCE LEICHER ESQ | DIRECTOR | 2 | — |
| DR DAVID FISCHELL | DIRECTOR | 2 | — |
| LINDA KING | ASSISTANT TREASURER | 2 | — |
| NANCY HSUING | DIRECTOR | 2 | — |
| MARK ADAMS | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is National Biomedical Research Foundation?
National Biomedical Research Foundation is a private foundation focused on Medical Research, based in WALTHAM, MA. It holds $2.0M in total assets as of 2025.
How large is National Biomedical Research Foundation?
As of 2025, National Biomedical Research Foundation holds $2.0M in total assets with $63K in annual revenue. It awarded 1 grants totaling $567K in 2025.
Where does National Biomedical Research Foundation operate?
National Biomedical Research Foundation has awarded grants in Massachusetts.
What size grants does National Biomedical Research Foundation award?
In 2025, National Biomedical Research Foundation awarded 1 grants totaling $567K — an average of about $567K per grant, based on its IRS Form 990 filings.
How much is National Biomedical Research Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, National Biomedical Research Foundation reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is National Biomedical Research Foundation's EIN?
National Biomedical Research Foundation's EIN (Employer Identification Number) is 13-1926374. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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