Bloodworks

Organization Overview

Bloodworks is located in Seattle, WA. The organization was established in 1980. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, under the broad grouping of Health Care and related organizations. As of 06/2021, Bloodworks employed 995 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloodworks 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 06/2021, Bloodworks generated $185.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $173.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bloodworks has awarded 51 individual grants totaling $5,748,756. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SAVING LIVES THROUGH RESEARCH, INNOVATION, EDUCATION & EXCELLENCE IN BLOOD, MEDICAL & LAB SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RECRUIT DONORS, COLLECT, TEST, PROCESS AND FRACTIONATE WHOLE BLOOD AND COMPONENTS INTO TRANSFUSION READY PRODUCTS (WHOLE BLOOD, RED BLOOD CELLS, PLATELETS, PLASMA AND CRYOPRECIPITATE) FOR USE IN NEARLY 90 HOSPITALS, PRIMARILY LOCATED IN THE PACIFIC NORTHWEST.


WE ARE A RESEARCH INSTITUTE WITH OVER 75 YEARS OF RESEARCH AND DISCOVERIES. BLOODWORKS SCIENTISTS HAVE TRANSFORMED PATIENT CARE WITH BREAKTHROUGHS IN TRANSFUSION MEDICINE, BLOOD BIOLOGY, BLOOD STORAGE, CANCER THERAPIES, ORGAN TRANSPLANTATION, AND TREATMENT OF CLOTTING DISORDERS. BLOODWORKS' SCIENTISTS CAN BE FOUND IN MEDICAL SCHOOLS AND AT SCIENTIFIC FORUMS SHARING THE LATEST BLOOD SCIENCE WITH DOCTORS FROM AROUND THE REGION - AND AROUND THE WORLD.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Degree 37 Llc
Consulting
$484,014
Reliable Commercial Cleaning Inc
Commercial Cleaning
$335,028
Alpha Media Llc
Marketing
$363,000
Seattle Pharmacy Relief Pllc
Temporary Staffing
$436,869
Blood Bank Computer Systems
Computer Software Hosting
$375,374
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$223,064
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$817,500
Noncash contributions included in lines 1a–1f $11,003
Total Revenue from Contributions, Gifts, Grants & Similar$1,055,564
Total Program Service Revenue$180,405,501
Investment income $474,056
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $766,888
Net Gain/Loss on Asset Sales $3,057,276
Net Income from Fundraising Events $1,741
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $185,761,026

Grants Awarded

Over the last fiscal year, Bloodworks has awarded $245,551 in support to 8 organizations.

Grant RecipientAmount

UNIVERSITY OF WASHINGTON

PURPOSE: COMPREHENSIVE CHARACTERIZATION OF MISSENSE MUTANTS IN FACTOR IX

$92,840

UNIVERSITY OF WASHINGTON

PURPOSE: MOLECULAR AND TRANSLATIONAL STUDIES IN HEMATOLOGIC DISORDERS

$51,863

Houston, TX

PURPOSE: WILLEBRAND FACTOR IN TRAUMATIC BRAIN INJURY

$45,848

UNIVERSITY OF TEXAS

PURPOSE: VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY

$11,000

BLEEDING & CLOTTING DISORDER INSTITUTE

Org PageRecipient Profile

Peoria, IL

PURPOSE: VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY

$11,000

PENN STATE HERSHEY

PURPOSE: VON WILLEBRAND FACTOR IN PREGNANCY (VIP) STUDY

$11,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Bloodworks has recieved totaling $435,475.

Awarding OrganizationAmount
American Thrombosis And Hemostasisnetwork Inc

Rochester, NY

PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH

$175,000
$86,400
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$59,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$51,160
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT

$20,556
Swedish Health Services

Renton, WA

PURPOSE: SPONSORSHIP

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,357,519
Earnings$285,917
Net Contributions$12,000
Other Expense$282,528
Ending Balance$3,372,908

Peer Organizations

Organization NameAssets
Asante
Medford, OR
$1,067,000,527
Camp Bowie Service Center
Oakland, CA
$935,370,038
Childrens Hospital Of Orange County
Orange, CA
$992,003,540
Adventist Health System-West
Roseville, CA
$789,421,387
Prime Healthcare Foundation Inc
Ontario, CA
$990,033,576
Loma Linda Mercantile
Loma Linda, CA
$892,472,678
Grossmont Hospital Corporation
San Diego, CA
$963,761,157
Salem Health
Salem, OR
$888,127,204
Renown Regional Medical Center
Reno, NV
$918,236,960
Sharp Health Plan
San Diego, CA
$875,353,493
Keck Medical Center Of Usc
Los Angeles, CA
$861,650,395
Seattle Cancer Care Alliance
Seattle, WA
$940,996,725

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