EIN 85-2277927

Milky Way Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2023
Most recent tax filings
2023-05-01
Description
The Milky Way Research Foundation is a private foundation located in Washington, DC that primarily funds investigator award research grants for medical research. The foundation hosted a symposium during the tax-year ending May 31, 2021, with the purpose of creating a vision for the science of rejuvenation. Grantees include Epigenetic Clock Foundation and others, and the foundation made 30 grants last year.
Total revenues
$30,038,500
2023
Total expenses
$26,997,009
2023
Total assets
$3,832,047
2023
Num. employees
0
2023

Program areas at Milky Way Research Foundation

The Foundation hosted a symposium during the tax-year ending may 31, 2021, creating a vision for the science of rejuvenation and supporting the furtherance of medical Research related to physiological change over time. The symposium included topics such as cellular reprogramming, epigenetic reprogramming, clocks and hallmarks, organismal maturation and senescence, and translational opportunities.

Grants made by Milky Way Research Foundation

GranteeGrant descriptionAmount
University of RochesterInvestigator Award Research Grant$1,150,000
Albert Einstein College of MedicineInvestigator Award Research Grant$1,150,000
Salk Institute for Biological StudiesInvestigator Award Research Grant$1,150,000
...and 18 more grants made totalling $17,945,861

Who funds Milky Way Research Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Breakthrough Prize FoundationLife Science Research$2,923,919
Breakthrough Prize FoundationLife Science Research$2,885,135
Breakthrough Prize FoundationLife Science Research$2,721,470
...and 8 more grants received

Personnel at Milky Way Research Foundation

NameTitleCompensation
James A HutchinsonDirector , Secretary$0

Financials for Milky Way Research Foundation

RevenuesFYE 05/2023
Total grants, contributions, etc.$30,029,561
Investment income and dividends$8,939
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$30,038,500

Form 990s for Milky Way Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-15990PFView PDF
2022-052023-04-18990PFView PDF
2021-052022-04-19990PFView PDF
Data update history
June 15, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 10, 2023
Received grants
Identified 11 new grant, including a grant for $2,923,919 from Breakthrough Prize Foundation
May 24, 2023
Updated personnel
Identified 2 new personnel
May 13, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsMedical research organizationsCharities
Issues
Health
Characteristics
Provides grantsConducts researchTax deductible donationsNo full-time employees
General information
Address
1900 N St NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Phone
(202) 346-4293
IRS details
EIN
85-2277927
Fiscal year end
May
Taxreturn type
Form 990-PF
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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