EIN 59-1361955

Diabetes Research Institute Foundation (DRIF)

IRS 501(c) type
501(c)(3)
Num. employees
33
State
Year formed
1974
Most recent tax filings
2023-06-01
NTEE code, primary
Description
At the Diabetes Research Institute and Foundation, their mission is clear – they want to cure diabetes now. Simply put, they aim to put themselves out of business by curing this devastating disease.
Total revenues
$7,129,662
2023
Total expenses
$11,554,214
2023
Total assets
$28,164,828
2023
Num. employees
33
2023

Program areas at DRIF

The Diabetes Research Institute Foundation funds basic, pre-clinical and patient-based Research studies, including five phase i/ii clinical studies, several of which are simultaneously underway at the Diabetes Research Institute (dri), with the others pending commencement. The ongoing 'islets in the omentum' biohub trial was the first step in testing the safety and efficacy of insulin-producing cells transplanted within a tissue-engineered platform in a different site than the liver, the traditional transplant site. Foundation funding has allowed the dri's clinical cell transplant team to contact and screen more than 1,200 candidates for this innovative pilot trial, several of whom were selected and placed on the waiting list to undergo the procedure pending the availability of a matching donor organ. Other alternative transplant sites continue to be explored. Drif funding also supports the continued follow-up and care of the dri's islet transplant patients who have participated in previous clinical trials. Many of these have remained insulin independent for a varying number of years. This past year, dri presented data showing that their islet transplant patients who were still free from insulin for an average of 10 years had near-normal blood sugar levels, similar to those without Diabetes. Drif has also funded dri Research projects that focus on establishing immune tolerance and reversing autoimmunity, the body's destruction of the insulin-producing cells which caused the onset of the disease. Several of the clinical trials address these challenges while other Research earlier in the pipeline remains underway. Another major Research area that drif supports is the development of an unlimited supply of insulin-producing cells. Drif-funded studies have led to significant progress in stimulating the regeneration of pancreatic stem cells into insulin-producing cells using a single fda-approved molecule. This significant finding opens to door to a natural cell supply bank within the patient's body, addressing several ongoing challenges for curing the disease. The drif has funded international researcher training and key collaborative programs that help accelerate Research progress through the sharing of ideas and advancements. Also, drif-funded Research equipment was used in a phase iii multi-center clinical islet transplantation trial. The resulting data demonstrated that islet transplantation is effective in preventing severe hypoglycemia - dangerously low blood sugar levels - which represents a particularly feared complication in type 1 Diabetes that can lead to seizures, loss of consciousness and even death. Importantly, the results of this phase iii trial pave the way for islet transplantation to become an fda-approved treatment for patients with Diabetes and one that would be eligible for insurance reimbursement. Key funded Research areas include cell-based therapies for islet replacement, immune tolerance, immune regulation, regenerative medicine, and stem cell Research, among others, to restore biological insulin production. Together with other Diabetes advocacy organizations, the drif has appeared before congress to request increased funding for Diabetes Research, and has made recommendations on the future direction of Research appropriations. Drif also hosts and participates in a variety of informational workshops for people with Diabetes and their families focusing on the latest advances toward a cure and the newest Diabetes management techniques. Through its website diabetesresearch.org, the drif provides 'news you can useresearch updates for those living with Diabetes and their family members in the form of e-newsletters, videos, email announcements and information via social media.
Community Diabetes education. The Diabetes Research Institute Foundation provides information to the public via its website literature, speakers and hosting an annual Diabetes Research conference, print interviews and toll free number 800-321-3437. The public gains knowledge about Diabetes, Diabetes care and Research towards finding a cure for Diabetes.

Grants made by DRIF

GranteeGrant descriptionAmount
University of Miami (UM)Research$5,209,284

Who funds Diabetes Research Institute Foundation (DRIF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundHealth$232,550
United Way MiamiGeneral Support$206,729
Larry Benaroya Family FoundationUnrestricted$150,000
...and 80 more grants received totalling $2,064,658

Personnel at DRIF

NameTitleCompensation
Bill ServesChairman and Chief Executive Officer
Michael J. BurtonChief Executive Officer
Samantha DavisChief Financial Officer$142,759
Tiffany Bedran, Cpa-I/AChief Administrative Officer
Amy PowersChief Development Officer$208,322
...and 26 more key personnel

Financials for DRIF

RevenuesFYE 06/2023
Total grants, contributions, etc.$3,261,763
Program services$0
Investment income and dividends$737,942
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$606,237
Net income from fundraising events$2,523,720
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,129,662

Form 990s for DRIF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-12-20990View PDF
2021-062022-03-31990View PDF
2020-062022-01-13990View PDF
...and 13 more Form 990s
Data update history
November 5, 2024
Updated personnel
Identified 4 new personnel
October 24, 2024
Received grants
Identified 8 new grant, including a grant for $35,906 from M J and K E Franco Foundation
August 10, 2024
Received grants
Identified 25 new grant, including a grant for $150,000 from Larry Benaroya Family Foundation
August 9, 2024
Updated personnel
Identified 1 new personnel
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsHeadquarter / parent organizationsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsConducts researchLobbyingFundraising eventsOperates internationallyNational levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
200 S Park Rd Suite 100
Hollywood, FL 33021
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Broward County, FL
Website URL
diabetesresearch.org/ 
Phone
(954) 964-4040
Facebook page
DiabetesResearchInstitute 
Twitter profile
@diabetes_dri 
IRS details
EIN
59-1361955
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H30: Cancer Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
059013
FTB Entity ID
2495053
AB 488 data last updated ("as-of") date
2024-11-20
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