EIN 83-3891656

The Termeer Foundation

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2019
Most recent tax filings
2023-12-01
Description
The Termeer Foundation identifies and empowers healthcare leaders to advance cures through mentorship and the Henri Termeer Network. Located in Marblehead, MA.
Total revenues
$521,229
2023
Total expenses
$1,878,601
2023
Total assets
$1,118,396
2023
Num. employees
7
2023

Program areas at The Termeer Foundation

The Termeer Foundation is a nonprofit organization working to vibrantly connect The world of healthcare innovators until every patient has a cure. In 2023, The Termeer Foundation team continued to build its values-based leadership model, delivering 75 hours of leadership programming, 16 training sessions (11 virtual and 5 in-person), 8 mentor-led panels and discussions, 10 in-person network building events, creating 200+ mentoring connections and 56 hours of coaching. The Foundation inducted 13 new fellows, including one transatlantic connections award honoree, for a total of 46 fellows, and awarded The second annual Termeer scholars grant. The Foundation continued support of The Termeer students program including The henri a. Termeer educator grant award, henri a. Termeer student scholarship award at Massachusetts biotechnology education Foundation, as well as support of life science cares, science club for girls and biomedical science career program at harvard medical school.

Grants made by The Termeer Foundation

GranteeGrant descriptionAmount
The N 1 CollaborativeTermeer Scholar Award$25,000
Life Science CaresTermeer Scholar Award$10,630
Biomedical Science Careers ProgramTermeer Scholar Award$10,000
...and 1 more grant made

Who funds The Termeer Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustHealth$220,000
Schwab Charitable FundHealth$31,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$28,250
...and 2 more grants received

Personnel at The Termeer Foundation

NameTitleCompensation
Catharine SmithExecutive Director$279,963
Christine ColeSenior Director , Philanthropy and Partnerships$148,055
Erica Mawby-RocheSenior Director of Programs$155,325
Ageena PetersonOperations and Office Manager
Dan OuellettePrograms Manager
...and 2 more key personnel

Financials for The Termeer Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$924,333
Program services$0
Investment income and dividends$45,863
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-448,967
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$521,229

Form 990s for The Termeer Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-10990View PDF
2021-122022-07-26990View PDF
2020-122021-05-20990View PDF
2019-122020-09-04990View PDF
Data update history
July 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 2 new vendors, including , and
September 27, 2023
Updated personnel
Identified 40 new personnel
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsMedical research organizationsCharities
Issues
Health
Characteristics
Conducts researchNational levelCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
396 Ocean Ave
Marblehead, MA 01945
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
termeerfoundation.org/ 
Phone
(617) 957-4054
IRS details
EIN
83-3891656
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
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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