Gates Biomanufacturing Facility Support Foundation
- Assets
- $2.2m
- Revenue
- $751.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, CO
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 46-5040560
Organization Overview
Gates Biomanufacturing Facility Support Foundation is located in Aurora, CO. The organization was established in 2015. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gates Biomanufacturing Facility Support Foundation 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 12/2023, Gates Biomanufacturing Facility Support Foundation generated $751.2k in total revenue. All expenses for the organization totaled $596.7k during the year ending 12/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PURPOSE IS TO OWN AND LEND SPECIALIZED EQUIPMENT TO THE GATES BIOMANUFACTURING FACILITY AT THE ANSCHUTZ MEDICAL CAMPUS. GATES BIOMANUFACTURING FACILITY PROVIDES PROCESS DEVELOPMENT, SCALE UP, MANUFACTURING OF BOTH CELL THERAPY AND PROTEIN-BASED PRODUCTS TO CURRENT GOOD MANUFACTURING PRACTICE STANDARDS, AND PROCESS DOCUMENTATION SERVICES TO ACADEMIC RESEARCHERS, CLINICIANS, AND EARLY STAGE BIOTECHNOLOGY COMPANIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 2 | $0 | |
Patrick Gaines Secretary | 0.25 | $0 | |
Dennis R Roop PHD Director | 0.25 | $0 | |
Diane G Wallach Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750,000 |
| Interest on Savings | $1,182 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $751,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $495,105 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100,221 |
| Total operating and administrative expenses | $596,676 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $596,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $921,991 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $4,000 |
| 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 | $1,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,297,351 |
| Other assets | $0 |
| Total assets | $2,224,842 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Tech Foundation Socorro, NM | $41,037,147 | $5,945,035 |
Seg Foundation Tulsa, OK | $19,676,976 | $481,519 |
Gates Biomanufacturing Facility Support Foundation Aurora, CO | $2,224,842 | $751,182 |
Lowell Observatory Foundation Flagstaff, AZ | $13,980,770 | $3,755,865 |
Comms Vnext Lafayette, CO | $72,702 | $0 |
Missouri Society Of Professional Educational Foundation Topeka, KS | $913,736 | $39,413 |
Pittsburg State University Research Foundation Pittsburg, KS | $12,214 | $0 |
Eegs Foundation Denver, CO | $43,806 | $0 |
Alcor Care Tr Supporting Organization 06062016 Scottsdale, AZ | $17,397,026 | $253,255 |
Rocky Mountain Institute International Boulder, CO | $0 | $0 |