China Medical Board Inc
- Assets
- $0.0
- Revenue
- $15.4m
- Investments
- $327.3m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 12/2014
- Data as of
- 12/2020
- 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 12/2020, China Medical Board Inc generated $15.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $11.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, China Medical Board Inc has awarded 126 individual grants totaling $13,252,681. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 | $550,000 | |
John Lichten Asst. Treasurer/ Cao, CFO | 40 | $281,758 | |
Phuong Le Director Of Bangkok | 40 | $211,091 | |
Wenkai Li Director Of Beijing | 40 | $205,600 | |
Xiao Wang Director Of Accounti | 40 | $137,704 | |
Sarah Wood Asst. Secretary/ Exec. Ass | 40 | $134,475 |
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 | $25,230 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,818,042 |
| Total Revenue | $15,367,231 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,093,709 |
| Pension plans, employee benefits | $442,142 |
| Depreciation | $0 |
| Occupancy | $293,977 |
| Travel, conferences, and meetings | $164,384 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $6,448,870 |
| Contributions, gifts, grants paid | $5,398,339 |
| Total expenses and disbursements | $11,847,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,365,715 |
| Investments—mortgage loans | $0 |
| Investments—other | $327,345,099 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, China Medical Board Inc has awarded $6,437,038 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
PEKING UNION MEDICAL FOUNDATION PURPOSE: FIRST PUMCH MOU REMAINING | $597,855 |
YALE UNIVERSITY PURPOSE: GLOBAL HEALTH LEADERSHIP DEVELOPMENT PROGRAM FOR STRENGTHENING CHINESE YOUNG GLOBAL HEALTH PROFESSIONALS' FIELD EXPERIENCE | $475,000 |
LONDON SCHOOL OF HYGIENE & TROPICAL MEDICINE PURPOSE: GLOBAL HEALTH LEADERSHIP DEVELOPMENT PROGRAM FOR STRENGTHENING CHINESE YOUNG GLOBAL HEALTH PROFESSIONALS' FIELD EXPERIENCE | $475,000 |
INTERNATIONAL HEALTH POLICY PROGRAM FOUNDATION MINISTRY OF PUBLIC HEALTH PURPOSE: SUPPORT TO THE PRINCE MAHIDOL AWARD CONFERENCE 2022-2024 | $416,000 |
FUDAN UNIVERSITY PURPOSE: SUPPORT A RESEARCH PROJECT ON NEONATAL HEALTHCARE IN CHINA ON REDUCING INFECTIONS AND IMPROVING LONG-TERM OUTCOMES OF PRETERM INFANTS | $400,000 |
Philadelphia, PA PURPOSE: PEDIATRIC ACADEMIC TRAINING PROGRAM TO SUPPORT THE CLINICAL ACADEMICS AND LEADERSHIP SKILLS DEVELOPMENT OF YOUNG CHINESE PEDIATRIC CLINICAL LEADERS | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |