China Medical Board Inc
- Assets
- $331.4m
- Revenue
- $13.7m
- Investments
- $326.6m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 13-1659619
Organization Overview
China Medical Board Inc is located in Cambridge, MA. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. China Medical Board Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, China Medical Board Inc generated $13.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.4%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, China Medical Board Inc has awarded 185 individual grants totaling $18,620,265. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
GRANT MAKING IN WHICH CMB IS SIGNIFICANTLY INVOLVED IN THE PROGRAM AREAS OF HEALTH POLICY AND SYSTEM SCIENCES.
GRANT MAKING IN WHICH CMB IS SIGNIFICANTLY INVOLVED IN THE PROGRAM AREAS OF HEALTH PROFESSIONAL / MEDICAL EDUCATION.
EI: THE EQUITY INITIATIVE IS A DIRECT OPERATING PROGRAM OF CMB TO TRAIN A GENERATION OF LEADERS AND BUILD A COMMUNITY FOR THE MISSION OF ADVANCING HEALTH EQUITY AMONG THE PEOPLE IN SOUTHEAST ASIA.
GRANT MAKING IN WHICH CMB IS SIGNIFICANTLY INVOLVED IN THE PROGRAM AREAS OF SOUTHEAST ASIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara J Stoll President & Trustee | 40 | $580,000 | |
John Lichten Asst. Treasurer/ Cao, CFO | 40 | $268,018 | |
Laura Butzel Legal Counsel | 0.5 | $0 | |
Harvey V Fineberg Trustee | 0.5 | $0 | |
Frederick Zuliu Hu Trustee | 0.5 | $0 | |
Jeffrey P Koplan Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ajilon | 12/30/21 | $60,010 |
Patterson Belknap Webb & Tyler | 12/30/21 | $52,046 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $77,351 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,320,616 |
| Capital Gain Net Income | $10,736,346 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,273,992 |
| Total Revenue | $13,671,959 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $848,018 |
| Other employee salaries and wages | $1,110,942 |
| Pension plans, employee benefits | $445,186 |
| Interest | $0 |
| Taxes | $517,856 |
| Depreciation | $0 |
| Occupancy | $287,265 |
| Travel, conferences, and meetings | $778,201 |
| Printing and publications | $0 |
| Other expenses | $873,196 |
| Total operating and administrative expenses | $5,440,000 |
| Contributions, gifts, grants paid | $4,750,280 |
| Total expenses and disbursements | $10,190,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,429,592 |
| Savings and temporary cash investments | $1,192,060 |
| Net Accounts receivable | $197,575 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $326,627,985 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $331,447,212 |
| Accounts payable and accrued expenses | $147,269 |
| Grants payable | $667,304 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $814,573 |
Grants Awarded
Over the last fiscal year, China Medical Board Inc has awarded $5,367,584 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
BURMESE AMERICAN COMMUNITY INSTITUTE INC (BACI) PURPOSE: PLANNING AND SYSTEMS DESIGN TO SUPPORT THE DEVELOPMENT OF TELEHEALTH SERVICES TO IMPROVE ACCESS TO HEALTH IN CONFLICT-AFFECTED AREAS OF MYANMAR | $20,000 |
CENTRAL SOUTH UNIVERSITY PURPOSE: OPEN COMPETITION GRANT TO SUPPORT RESEARCH ON MENTAL HEALTH TRAINING FOR MOTHERS OF CHILDREN WITH CANCER | $40,000 |
CENTRAL SOUTH UNIVERSITY PURPOSE: OPEN COMPETITION GRANT TO SUPPORT RESEARCH ON MODIFIED BEHAVIORAL ACTIVATION TREATMENT | $80,000 |
CENTRAL SOUTH UNIVERSITY PURPOSE: OPEN COMPETITION GRANT TO SUPPORT RESEARCH ON TASK-SHARING IN PREVENTION OF RURAL PERINATAL MENTAL HEALTH ISSUES | $80,000 |
CENTRAL SOUTH UNIVERSITY PURPOSE: OPEN COMPETITION GRANT TO SUPPORT RESEARCH ON COUNSELING PROGRAM FOR HIV-POSITIVE MSM PATIENTS | $80,000 |
ATENEO DE MANILA UNIVERSITY PURPOSE: ENABLING YOUTH EQUITY IN DRUG WAR-AFFECTED COMMUNITITES IN THE PHILIPPINES | $50,000 |