EIN 23-2175659

Lankenau Institute for Medical Research (LIMR)

IRS 501(c) type
501(c)(3)
Num. employees
119
Year formed
1981
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Lankenau Institute for Medical Research is an independent, nonprofit biomedical research center located in suburban Philadelphia. LIMR specializes in basic, clinical, and translational research on cancer and cardiovascular disease.
Related structure
LIMR is a subordinate organization under Main Line Health Center in Newtown Square.
Total revenues
$12,208,295
2023
Total expenses
$19,218,522
2023
Total assets
$17,942,853
2023
Num. employees
119
2023

Program areas at LIMR

Basic Research LIMR Basic Research focuses on the advancement of knowledge for various diseases and conditions. In conjunction with LIMR's core research programs in cancer and cardiovascular disease, LIMR investigators also study arthritis, diabetes, lupus, infectious disease, neurological disorders, gastrointestinal disease, regenerative medicine and population health, all with the goal of improving health and well-being.
New Technology / Innovations / Other LIMR has initiated a unique hybrid mix of knowledge-based academic culture with invention-based entrepreneurial culture. It is called an ACAPRENEURIAL strategy. To date, more than 15 biomedical start-up companies have incubated in LIMR side-by-side with our research laboratories.
Clinical Research LIMR Clinical Research is conducted primarily in oncology and cardiology but also includes other diseases and disorders. This means patients and participants have access to state-of-the-art clinical trials and new treatments before they become available to the general public. This allows patients to be more active in their health care.

Who funds Lankenau Institute for Medical Research (LIMR)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lankenau Medical Center Foundation$3,533,364
The Sharpe - Strumia Research Foundation of the Bryn Mawr HospitalResearch Grant$615,178
Pershing Square Foundation (PSF)Support of the Research Project on Oral Therapy of Inflammatorygastrointestinal Disease$200,000
...and 10 more grants received

Personnel at LIMR

NameTitleCompensation
George PrendergastPresident and Chief Executive Officer$431,551
Matt FinleyDirector of Research
Sharon L. LarsonExecutive Director , CPHR
Diianni, Sam, MS, BbaDirector of Finance
Matthew FinleyDiv Director , Research Admin.$139,635
...and 14 more key personnel

Financials for LIMR

RevenuesFYE 06/2023
Total grants, contributions, etc.$5,251,488
Program services$3,912,040
Investment income and dividends$-74,349
Tax-exempt bond proceeds$0
Royalty revenue$49,444
Net rental income$388,607
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,681,065
Total revenues$12,208,295

Form 990s for LIMR

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-10-17990View PDF
2022-062023-05-12990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
...and 10 more Form 990s
Data update history
July 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
July 9, 2024
Received grants
Identified 2 new grant, including a grant for $25,000 from Morris Charitable Trust
June 21, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Received grants
Identified 4 new grant, including a grant for $200,000 from Pershing Square Foundation (PSF)
Nonprofit Types
Medical research organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technologyHealthDiseases and disorders
Characteristics
Conducts researchReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
100 Lancaster Ave
Wynnewood, PA 19096
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Montgomery County, PA
Website URL
limr.mainlinehealth.org/ 
Phone
(484) 476-8400
Facebook page
Lankenau-Institute-for-Medical-Research 
Twitter profile
@limr_ 
IRS details
EIN
23-2175659
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H30: Cancer Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Subordinate organization
Free account sign-up

Want updates when LIMR has new information, or want to find more organizations like Lankenau Institute for Medical Research (LIMR)?

Create free Cause IQ account