Program areas at Stowers Resource Management
Financial support - srm monitors the financial needs of simr so simr can conduct its medical research in the public interest and makes contributions to simr to support its medical research activities. The contributions are made as determined by srm's board of directors after review of financial information, budgets, strategies and other relevant information. In 2022, srm provided $43,000,000 to simr, a related 501(c)(3) organization, for endowment support.
Management of endowment - srm participates in the Management of simr and gssimr to ensure their financial ability to continue in perpetuity.
Management, administrative and operation support services - srm provides Management support to simr that involves assisting in planning for the strategic direction of simr, operational planning, and the development and implementation of strategic business plans and budgets. Srm also provides additional administrative and operational support services to simr and gssimr that includes accounting, finance, human resources, information technology, and other support activities, for which srm allocated costs to simr in the amount of $33,894,765 in 2022 as reported on part viii statement of revenue line 2a, with related information on schedule o.
Grants made by Stowers Resource Management
Who funds Stowers Resource Management
Grants from foundations and other nonprofits
Personnel at Stowers Resource Management
| Name | Title | Compensation | Date of data |
|---|
| Richard W Brown | President | $2,813,862 | 2023-11-03 |
| Brent Kreider | Chief Operating Officer Thru 3 and 31 and 22 and Director / Director As of 8 and 10 and 21 and Chief Operating Officer / Board Member | $0 | 2022-12-31 |
| Penny Spence | Executive Vice President and Chief Financial Officer | $537,787 | 2023-01-18 |
| Jennifer Pawlosky | Chief of Staff, Office of the Executive Director, and Vice President, Communications | $553,447 | 2023-01-18 |
| Alejandro Sanchez | Executive Director and Chief Scientific Officer | | 2023-01-18 |
| ...and 18 more key personnel |
Financials for Stowers Resource Management
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,327,509 | $3,639,423 | -63.5% |
| Program services | $34,479,093 | $31,491,121 | 9.5% |
| Investment income and dividends | $111,848,494 | $177,885,357 | -37.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $26,354 | $26,354 | - |
| Net gain from sale of non-inventory assets | $-2,004,962 | $1,444,132 | -238.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $4,008 | $4,499 | -10.9% |
| Total revenues | $145,680,496 | $214,490,886 | -32.1% |
Organizations like Stowers Resource Management
| Organization | Type | Location | Revenue |
|---|
| Magee-Womens Research Institute and Foundation (MWRI) | 501(c)(3) | Pittsburgh, PA | $58,233,606 |
| Scripps Research Institute | 501(c)(3) | La Jolla, CA | $634,980,417 |
| Hennepin Healthcare Research Institute (MMRF) | 501(c)(3) | Minneapolis, MN | $55,810,422 |
| Van Andel Research Institute | 501(c)(3) | Grand Rapids, MI | $143,778,282 |
| La Jolla Institute for Immunology (LIAI) | 501(c)(3) | La Jolla, CA | $92,274,481 |
| Stowers Institute for Medical Research | 501(c)(3) | Kansas City, MO | $48,749,381 |
| Oklahoma Medical Research Foundation (OMRF) | 501(c)(3) | Oklahoma City, OK | $107,744,875 |
| Texas Biomedical Research Institute | 501(c)(3) | San Antonio, TX | $65,045,950 |
| Whitehead Institute for Biomedical Research | 501(c)(3) | Cambridge, MA | $110,885,074 |
| Benaroya Research Institute at Virginia Mason | 501(c)(3) | Seattle, WA | $94,861,276 |
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
July 5, 2023
Used new vendors
Identified 2 new vendors, including , and
June 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealthCommunity improvementPublic policy
Characteristics
Provides grantsConducts researchEndowed supportTax deductible donations
General information
- Address
- 1000 E 50th St
- Kansas City, MO 64110
- Metro area
- Kansas City, MO-KS
- County
- Jackson County, MO
- Website URL
- stowers.org/Â
- Phone
- (816) 926-4000
IRS details
- EIN
- 41-2186719
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2005
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- H90: Medical Specialty Research
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Independent
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