Beckman Research Institute

Organization Overview

Beckman Research Institute is located in Duarte, CA. The organization was established in 2005. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 09/2023, Beckman Research Institute employed 1,248 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beckman 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.

For the year ending 09/2022, Beckman Research Institute generated $288.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $367.6m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DISCOVER AND TRANSLATE INNOVATIVE LABORATORY FINDINGS INTO NEW CLINICAL TREATMENTS BY USING PRACTICAL APPLICATIONS OF CHEMISTRY, PHYSICS AND BIOLOGY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BIOMEDICAL RESEARCH AND DISEASE INVESTIGATIONS, INCLUDING DNA SYNTHESIS AND CELL ANALYSIS. BECKMAN RESEARCH INSTITUTE HAS PIONEERED SCIENTIFIC BREAKTHROUGHS RESULTING IN TREATMENTS THAT HAVE IMPROVED THE LIVES OF PATIENTS WORLDWIDE. NUMEROUS LIFE-SAVING DRUGS USE PATENTED TECHNOLOGY DEVELOPED AT BECKMAN RESEARCH INSTITUTE. THESE DRUGS INCLUDE SYNTHETIC HUMAN INSULIN (HUMULIN) FOR DIABETES, THE WIDELY USED CANCER DRUGS HERCEPTIN, RITUXAN AND AVASTIN, AND HUMIRA FOR ARTHRITIS. RESEARCHERS AT BECKMAN RESEARCH INSTITUTE UNDERTAKE FUNDAMENTAL INVESTIGATIONS IN DIABETES PROGRESSION AND TREATMENT, IMMUNOLOGY AND IMAGING, INTERFERING RNAS AND HIV TREATMENT, TOTAL SYNTHESIS OF COMPLEX AND THERAPEUTIC NATURAL PRODUCTS, MECHANISMS OF DRUG ACTION, NEUROGENESIS, STEM CELL THERAPY, DNA REPAIR AND RADIATION, AND THE IMMUNOBIOLOGY OF VIRAL INFECTION. THEY HAVE ACHIEVED MAJOR ADVANCES IN RECOMBINANT DNA TECHNOLOGY, MONOCLONAL ANTIBODIES, GENE THERAPY, EPIGENETICS, SI-RNA TECHNOLOGY AND CANCER IMMUNOTHERAPEUTICS. A DEPARTMENT IN BECKMAN RESEARCH INSTITUTE IS DEDICATED TO UNDERSTANDING AND DEVELOPING TREATMENTS BASED ON CANCER'S INTERACTION WITH THE IMMUNE SYSTEM. OTHER RESEARCH HAS IDENTIFIED PROTEINS THAT MAY PLAY CRITICAL ROLES IN IMMUNE RESPONSE AND MAY LEAD TO NEW TREATMENT STRATEGIES. ANOTHER MAJOR EMPHASIS FOR THE BECKMAN RESEARCH INSTITUTE SCIENTISTS IS PERSONALIZED RESEARCH AND MEDICINE -- ANALYZING A PATIENT'S UNIQUE GENETIC PROFILE TO DEVELOP TAILORED THERAPIES FOR THEIR SPECIFIC DISEASE. ALL OF THIS RESEARCH IS UNIQUELY SUPPORTED BY ONSITE MANUFACTURING FACILITIES THAT CAN TEST AND PRODUCE QUANTITIES OF CELL-BASED, GENE-BASED AND MOLECULAR THERAPIES. THESE FACILITIES FURTHER SERVE AS RESOURCES FOR MEDICAL AND SCIENTIFIC RESEARCH CENTERS NATIONWIDE. BECKMAN RESEARCH INSTITUTE SCIENTISTS SERVE AS FACULTY MEMBERS IN CITY OF HOPE'S IRELL & MANELLA GRADUATE SCHOOL OF BIOLOGICAL SCIENCES. THE GRADUATE SCHOOL'S MISSION IS TO TRAIN STUDENTS TO BE OUTSTANDING RESEARCH SCIENTISTS IN CHEMICAL, MOLECULAR AND CELLULAR BIOLOGY. THE SCHOOL IS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES. GRADUATES OF THE PROGRAM, AWARDED A DOCTORATE OF PHILOSOPHY IN BIOLOGICAL SCIENCES, ARE EQUIPPED TO ADDRESS FUNDAMENTAL QUESTIONS IN LIFE SCIENCES AND BIOMEDICINE FOR CAREERS IN ACADEMIA, INDUSTRY AND GOVERNMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director & Chair Of The Board
$0
Name Not Listed
Director
$0
Name Not Listed
Director; Professor
$435,517
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mintz Levin Cohn Ferris Glovsky And Popeo Pc
Legal Services
$3,420,972
Fish & Richardson Pc
Legal Services
$1,372,605
Bioreliance Corporation
Testing & Manufacturing Services
$1,381,942
Lcs Constructors Inc
Construction Services
$1,128,731
Pacific Rim Mechanical
Construction Services
$1,140,655
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$48,853,255
Government grants $98,626,185
All other contributions, gifts, grants, and similar amounts not included above$6,673,438
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$154,152,878
Total Program Service Revenue$25,203,801
Investment income $14,429,552
Tax Exempt Bond Proceeds $0
Royalties $12,755,042
Net Rental Income $86,500
Net Gain/Loss on Asset Sales $79,091,943
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $288,276,013

Peer Organizations

Organization NameAssets
Beckman Research Institute
Duarte, CA
$288,276,013
Jonsson Cancer Center Foundation- Ucla
Los Angeles, CA
$14,700,399
Translational Research In Oncology Us Inc
Los Angeles, CA
$9,572,095
Pediatric Cancer Research Foundation
Irvine, CA
$3,984,492
Southern Nevada Cancer Research Foundation Inc
Las Vegas, NV
$2,425,780
Cancer Prevention Institute of California (CPIC)
Foster City, CA
$44,595
Hairy Cell Leukemia Foundation
San Francisco, CA
$2,239,613
The International Genomics Consortium
Phoenix, AZ
$294,190
Sino-American Cancer Foundation
Covina, CA
$433,952
Prostate Cancer Research Institute
Culver City, CA
$832,031
Keatons Child Cancer Alliance
Roseville, CA
$1,408,898
Ethos Discovery
San Diego, CA
$10,624,931
Hers Breast Cancer Foundation
Fremont, CA
$700,349
Latinas Contra Cancer
San Jose, CA
$1,941,922
Grassrootshealth
Encinitas, CA
$613,280
Vanguard Cancer Foundation
Long Beach, CA
$82,683
Reno Cancer Center
Reno, NV
$788,642
Boarding For Breast Cancer
Gardena, CA
$599,848
Ellison Institute Research Foundation
Los Angeles, CA
$2,737,284
Gerson Institute
San Diego, CA
$437,846
Aveni Foundation
Santa Monica, CA
$708,687
National Canine Cancer Foundation Inc
Phoenix, AZ
$422,716
Zero Breast Cancer
San Rafael, CA
$203,461
California Oncology Research Institute Inc
Santa Monica, CA
$307,802
Brca Foundation
San Francisco, CA
$1,472

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