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Bill & Melinda Gates Medical Research Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821808476 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Bill & Melinda Gates Medical Research Institute?

Bill & Melinda Gates Medical Research Institute, or Gates MRI, is a nonprofit organization committed to improving global health by researching, developing, and effectively implementing novel biomedical interventions in low- and lower-middle-income countries. The institute collaborates with partner organizations to coordinate and drive biopharmaceutical research and development activities, particularly for diseases with insufficient investment from traditional biopharmaceutical organizations. Gates MRI focuses on reducing the burden of malaria, tuberculosis, diarrheal diseases, and maternal, newborn, and child illnesses worldwide. The institute conducts medical research directly with hospitals to tackle major causes of illness and death in underprivileged regions. Currently, Gates MRI has a team of 138 employees.


Official website here: www.gatesmri.org

Is Bill & Melinda Gates Medical Research Institute legitimate?

Bill & Melinda Gates Medical Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bill & Melinda Gates Medical Research Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,001,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,758,306

For more financial information, click here


Official website here: www.gatesmri.org

What is the mission statement of Bill & Melinda Gates Medical Research Institute?

The Bill & Melinda Gates Medical Research Institute is committed to addressing major causes of illness and death in low-and lower-middle-income countries by engaging directly in the conduct of medical research in collaboration with hospitals. Guided by the belief that every person deserves the opportunity to lead a healthy and productive life, the institute focuses on developing novel biomedical interventions for global health concerns where traditional biopharmaceutical organizations have insufficient investment. The Gates Medical Research Institute partners with collaborating organizations to coordinate and drive biopharmaceutical research and development activities, including pre-clinical and clinical development. Beyond tuberculosis research, the institute aims to reduce the burden of malaria, diarrheal diseases, and maternal, newborn, and child illnesses worldwide.


Official website here: www.gatesmri.org

Who is the CEO of Bill & Melinda Gates Medical Research Institute?

Mahendra Pattni is the Director, Board Chair of Bill & Melinda Gates Medical Research Institute. The CEO's salary of Bill & Melinda Gates Medical Research Institute is $778,982 and their total compensation is $849,038.


Official website here: www.gatesmri.org

What is the revenue of Bill & Melinda Gates Medical Research Institute?

Bill & Melinda Gates Medical Research Institute's revenue in 2022 was $12,321,803.


Official website here: www.gatesmri.org

Who are the executives of Bill & Melinda Gates Medical Research Institute and what are their salaries?

The average compensation at Bill & Melinda Gates Medical Research Institute during 2022 was $237,393. There are 138 employees at Bill & Melinda Gates Medical Research Institute.

Here are 19 key members and their salaries (Bill & Melinda Gates Medical Research Institute's CEO's salary is $778,982 and their total compensation is $849,038):

    Trevor Mundel (Director, Board Chair)
  • Compensation: $0
  • Related: $1,249,224
  • Other: $72,659

    • Carolyn Ainslie (Director)
  • Compensation: $0
  • Related: $879,108
  • Other: $74,725

    • Emilio Emini (Chief Executive Officer)
  • Compensation: $778,982
  • Related: $0
  • Other: $70,056

    • Michael Dunne (Chief Medical Officer, Head Of Dev.)
  • Compensation: $725,742
  • Related: $0
  • Other: $87,774

    • Debra Weiss (Chief Operating Officer)
  • Compensation: $585,274
  • Related: $0
  • Other: $71,664

    • Piper Trelstadstart 1322 (Head Of Chem, Mfg, Control)
  • Compensation: $565,246
  • Related: $0
  • Other: $84,218

    • Toni Hoover (Director)
  • Compensation: $0
  • Related: $572,338
  • Other: $73,105

    • Lee Bansil (Head Of Global Strategic Communications)
  • Compensation: $538,738
  • Related: $0
  • Other: $83,665

    • Jared Silvermanend 123121 (Head Of Translational Discovery)
  • Compensation: $487,966
  • Related: $0
  • Other: $86,684

    • Charles Wells (Head Of Therapeutics Development)
  • Compensation: $485,103
  • Related: $0
  • Other: $71,888

    • Alexander Schmidt (Head Of Vaccine Development)
  • Compensation: $471,658
  • Related: $0
  • Other: $84,570

    • Antonio Gonzalez Lopez (Clinical Development Leader)
  • Compensation: $477,427
  • Related: $0
  • Other: $71,992

    • Taryn Rogalski-Salter (Head Of Global Reg Strat(End 1/3/22))
  • Compensation: $465,694
  • Related: $0
  • Other: $74,632

    • Mahendra Pattni (Treasurer)
  • Compensation: $448,355
  • Related: $0
  • Other: $83,975

    • Janie Parrino (Clinical Development Leader)
  • Compensation: $461,406
  • Related: $0
  • Other: $58,970

    • Sally Jennings (Secretary)
  • Compensation: $416,831
  • Related: $0
  • Other: $83,783

    • Mary Thistle End 42922 (Former Treasurer, Chief Of Staff)
  • Compensation: $78,357
  • Related: $0
  • Other: $18,749

    • Helene Madonick (Director)
  • Compensation: $0
  • Related: $32,038
  • Other: $0

    • Susan Desmond-Hellmann (Director (End 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gatesmri.org

    Where can I find the form 990 for Bill & Melinda Gates Medical Research Institute?

    The Bill & Melinda Gates Medical Research Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gatesmri.org

    Learn more at the official website: www.gatesmri.org

    Mission Statement of Bill & Melinda Gates Medical Research Institute

    Bill & Melinda Gates Medical Research Institute (Gates MRI) is a pioneering institution committed to making a significant impact on global health by engaging directly in medical research alongside hospitals. Its mission is to address major causes of illness and death in low-and lower-middle-income countries through innovative biomedical interventions.

    Guided by the belief that every person deserves a healthy and productive life, Gates MRI focuses on research, development, and effective use of novel interventions, which traditional biopharmaceutical organizations may overlook due to insufficient investment. Collaborating with partners and organizations, Gates MRI coordinates and drives biopharmaceutical research and development activities, from pre-clinical development to clinical development.

    Beyond its work on tuberculosis, Gates MRI concentrates on programs aimed at reducing the burden of malaria, diarrheal diseases, and maternal, newborn, and child illnesses worldwide. The institute's dedication to global health research is aligned with the vision of the Bill & Melinda Gates Foundation, striving to create opportunities for a healthier future for people in need.

    Impact

    This information is meant to be a general summary of Bill & Melinda Gates Medical Research Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Bill & Melinda Gates Medical Research Institute engages directly in the conduct of medical research in conjunction with one or more hospitals for the purpose of addressing major causes of illness and death in low- and lower-middle-income countries. The Institute is dedicated to the research, development, and effective use of novel biomedical interventions addressing substantial global health concerns for which the required development investment by traditional biopharmaceutical organizations is lacking.

    The Gates MRI works with collaborating partners and organizations, coordinating and driving biopharmaceutical research and development activities, including pre-clinical development and clinical development. In addition to its work on tuberculosis, the Institute focuses on programs aimed at reducing the burden of malaria, diarrheal diseases, and maternal, newborn, and child illnesses worldwide.

    Through its research and development efforts, the Gates MRI is making a significant impact on global health by developing innovative solutions to combat diseases that disproportionately affect low- and lower-middle-income countries. Its work contributes to the advancement of healthcare and the improvement of health outcomes for vulnerable populations around the world.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $58,534
  • Program Service Revenue: $0
  • Gross Receipts: $12,321,803

    • Assets and Liabilities:
  • Total Assets: $186,459,426
  • Total Liabilities: $51,302,471
  • Net Assets: $135,156,955
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Mahendra Pattni

    Main Address

    ONE KENDALL SQ BLDG 600 6-301, CAMBRIDGE, MA, 02139

    NTEE Category

    Code: E05 - Health

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