This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $2,103,858 | $5,671,866 | $1,224,000 | $11,294,121 | $10,943,440 |
| FY2023 | 990 | $13,316,576 | $3,944,254 | $826,500 | $14,756,217 | $14,520,275 |
| FY2022 | 990 | $3,463,152 | $3,537,911 | $972,000 | $5,483,836 | $5,147,953 |
| FY2021amended | 990 | $4,583,203 | $2,429,703 | $690,000 | $5,498,332 | $5,222,712 |
| FY2020amended | 990 | $3,170,048 | $2,297,744 | $650,000 | $3,296,929 | $3,069,212 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
No public data foundWhere recipients are
Based on the 7% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| ALVA HEALTHNEW HAVEN, CT | PRIZE MONEY FOR MEDICAL INNOVATION | $350,000 | 2022 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Christopher Martin | DIRECTOR | 3.00 | $0 |
| Paul Grand | CEO & PRESIDENT | 50.00 | $772,578 |
| Biren Mehta | DIRECTOR | 2.00 | $0 |
| Karen Johnson | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| MTI 2023 EARLY STAGE GRAND PRIZE AWARD |
| $350,000 |
| 2024 |
| PHIEX TECHNOLOGIESBOSTON, MA | PRIZE MONEY FOR MEDICAL INNOVATION | $350,000 | 2023 |
| RHAEOSEVANSTON, IL | PRIZE MONEY FOR MEDICAL INNOVATION | $350,000 | 2021 |
| FOREST DEVICESPITTSBURGH, PA | PRIZE MONEY FOR MEDICAL INNOVATION | $350,000 | 2020 |
| GENNEXT TECHNOLOGIESHALF MOON BAY, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $250,000 | 2023 |
| MACHINE BIOFOUNTAIN HILLS, AZ | PRIZE MONEY FOR MEDICAL INNOVATION | $200,000 | 2022 |
| MICROTRANSPONDERAUSTIN, TX | MTI 2023 MID-STAGE GRAND PRIZE AWARD | $200,000 | 2024 |
| LIMAX BIOSCIENCESSOMERVILLE, MA | PRIZE MONEY FOR MEDICAL INNOVATION | $37,500 | 2023 |
| IMMERSIVETOUCHCHICAGO, IL | MTI 2023 AWARDS - BEST VIDEO & MID-STAGE FINALIST | $35,000 | 2024 |
| PATH EXHOUSTON, TX | PRIZE MONEY FOR MEDICAL INNOVATION | $35,000 | 2022 |
| LIEF THERAPEUTICSSAN FRANCISCO, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $35,000 | 2021 |
| PROJECT MORAY INCBELMONT, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $25,000 | 2021 |
| ALYVE MEDICAL INCDENVER, CO | MTI 2023 MID-STAGE FINALIST AWARD | $25,000 | 2024 |
| COOLER HEADS CARESAN DIEGO, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $25,000 | 2022 |
| CARETAKER MEDICALCHARLOTTESVILLE, VA | PRIZE MONEY FOR MEDICAL INNOVATION | $25,000 | 2022 |
| INTERMED LABS LLCMORGANTOWN, WV | MTI 2023 EARLY STAGE FINALIST AWARD | $25,000 | 2024 |
| IFPX MEDICALIRVINE, CA | MTI 2023 EARLY STAGE FINALIST AWARD | $25,000 | 2024 |
| CARDIEX USA (ATCOR MEDICAL)NAPERVILLE, IL | MTI 2023 MID-STAGE FINALIST AWARD | $25,000 | 2024 |
| BIODEVEKALLSTON, MA | PRIZE MONEY FOR MEDICAL INNOVATION | $25,000 | 2022 |
| NEURAVA INCWEST LAFAYETTE, IN | MTI 2023 EARLY STAGE FINALIST AWARD | $25,000 | 2024 |
| KOYA INCSAN FRANCISCO, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $25,000 | 2020 |
| VENA VITALSIRVINE, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $15,000 | 2021 |
| CLARA BIOTECHLAWRENCE, KS | PRIZE MONEY FOR MEDICAL INNOVATION | $15,000 | 2022 |
| SAFEBEATCHICO, CA | PRIZE MONEY FOR MEDICAL INNOVATION | $12,500 | 2023 |
| 2.00 |
| $0 |
| Kathryn Zavala | COO | 50.00 | $364,375 |
| Brian Benson | SENIOR VICE PRESIDENT | 40.00 | $227,038 |
| Ayelet Marom | VP, PROGRAMS | 40.00 | $163,390 |
| Diane Bouis | DIRECTOR | 40.00 | $133,800 |
| Daphne Aghalarpour | CHIEF OF STAFF | 40.00 | $109,000 |
| Jerry Ciolino | DIRECTOR OF OPERATIONS | 40.00 | $101,144 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202522749349301132
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202431369349309728
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202311879349301231
Form 990 · FY2021 · period ending Jun 30, 2021 · amended
Filing id 202340249349301754
Form 990 · FY2020 · period ending Jun 30, 2020 · amended
Filing id 202220289349301402
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 202001979349306145
Form 990 · FY2018 · period ending Jun 30, 2018
Filing id 201911359349314216
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.