Arastradero Research Institute
- Assets
- $86.7m
- Revenue
- $15.4m
- Investments
- $0.0
- Employees
- 3
- Location
- Palo Alto, CA
- Founding
- Data as of
- 12/2021
- EIN
- 87-1920284
Organization Overview
Arastradero Research Institute is located in Palo Alto, CA. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2021, Arastradero Research Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arastradero Research Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ACCELERATE SCIENTIFIC PROGRESS AND UNDERSTAND THE ROOT CAUSES OF COMPLEX DISEASES. THIS CHALLENGE REQUIRES RESEARCHERS ACROSS MANY DISCIPLINES TO STUDY FUNDAMENTAL BIOLOGICAL MECHANISMS, DEVELOP NEW TECHNOLOGIES, AND INNOVATE ON THERAPEUTIC CONCEPTS. BY DOING THIS, WE AIM TO IMPROVE HUMAN HEALTH BY NARROWING THE GAP BETWEEN DISCOVERIES AND IMPACT ON PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEADQUARTERED IN PALO ALTO, CALIFORNIA, ARC IS A NONPROFIT RESEARCH ORGANIZATION FOUNDED ON THE BELIEF THAT MANY IMPORTANT SCIENTIFIC PROGRAMS CAN BE ENABLED BY NEW ORGANIZATIONAL MODELS. ARC OPERATES IN PARTNERSHIP WITH STANFORD UNIVERSITY, UCSF, AND UC BERKELEY. ARC GIVES SCIENTISTS NO-STRINGS-ATTACHED, MULTI-YEAR FUNDING, SO THAT THEY DON'T HAVE TO APPLY FOR EXTERNAL GRANTS, AND INSTEAD CAN INVEST IN THE RAPID DEVELOPMENT OF EXPERIMENTAL AND COMPUTATIONAL TECHNOLOGICAL TOOLS. AS INDIVIDUALS, ARC RESEARCHERS COLLABORATE ACROSS DIVERSE DISCIPLINES TO STUDY COMPLEX DISEASES, INCLUDING CANCER, NEURODEGENERATION, AND IMMUNE DYSFUNCTION. AS AN ORGANIZATION, ARC STRIVES TO ENABLE AMBITIOUS, LONG-TERM RESEARCH AGENDAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baker & Mckenzie Llp Legal Services | 12/30/21 | $515,848 |
Arnold & Porter Kaye Scholer Llp Legal Services | 12/30/21 | $350,126 |
Faith Moss Llc Recruiting Services | 12/30/21 | $126,225 |
Skadden Arps Slate Meagher & Flom Llp Legal Services | 12/30/21 | $151,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,446,292 |
| Noncash contributions included in lines 1a–1f | $7,491,292 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,446,292 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,446,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,470 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,537 |
| Payroll taxes | $9,799 |
| Fees for services: Management | $58,002 |
| Fees for services: Legal | $1,202,186 |
| Fees for services: Accounting | $40,682 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $843,114 |
| Advertising and promotion | $9,989 |
| Office expenses | $22,110 |
| Information technology | $12,200 |
| Royalties | $0 |
| Occupancy | $3,991,150 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $38,730 |
| All other expenses | $2,376 |
| Total functional expenses | $6,520,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,552,552 |
| Savings and temporary cash investments | $618,831 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105,068 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $110,577 |
| Net Land, buildings, and equipment | $1,934,714 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,261,050 |
| Other assets | $69,151,639 |
| Total assets | $86,734,431 |
| Accounts payable and accrued expenses | $712,064 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,327,003 |
| Total liabilities | $78,039,067 |
| Net assets without donor restrictions | $8,695,364 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $86,734,431 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arastradero Research Institute has recieved totaling $6,955,000.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: HEALTH | $4,955,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $2,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Research Corporation Tucson, AZ | $242,008,144 | $26,138,153 |
Southwest Autism Research And Resource Center Phoenix, AZ | $18,925,029 | $16,667,407 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Hopelab Foundation Inc San Francisco, CA | $32,085,472 | $14,961,821 |
Multidisciplinary Association For Psychedelic Studies San Jose, CA | $92,188,866 | $23,580,425 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Hmsa Foundation Honolulu, HI | $18,488,325 | $337,265 |
Larry L Hillblom Foundation Inc Petaluma, CA | $157,022,260 | $9,255,919 |
Arastradero Research Institute Palo Alto, CA | $86,734,431 | $15,446,292 |
Center For Applied Rationality Berkeley, CA | $4,444,483 | $4,525,208 |
National Community Health Partners Sahuarita, AZ | $263,343 | $3,493,424 |
Pacific Health Research And Education Institute Honolulu, HI | $1,082,552 | $2,379,832 |