Overview
What is Aim-Hi Accelerator Fund Inc?
Aim-Hi Accelerator Fund Inc is a 501(C)(3) nonprofit organization, headquartered in Rockville, Maryland. Established with an initial grant from the National Foundation for Cancer Research, their mission is to facilitate the translation of cancer drug discoveries into commercially viable oncology start-ups. This is achieved through venture philanthropy, offering seed funding and sustainable impact investments to bridge the "Valley of Death" funding gap in the oncology sector. By supporting early-stage companies that commercialize innovative laboratory breakthroughs, Aim-Hi Accelerator Fund Inc aims to bring potentially life-saving therapies, diagnostics, and cancer prevention strategies to patients.
Official website here: www.aim-hiaccelerator.org
Is Aim-Hi Accelerator Fund Inc legitimate?
Aim-Hi Accelerator Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aim-Hi Accelerator Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aim-hiaccelerator.org
What is the mission statement of Aim-Hi Accelerator Fund Inc?
The Aim-Hi Accelerator Fund Inc, a 501(C)(3) non-profit organization, was established with an initial grant from the National Foundation for Cancer Research. Its mission is to revolutionize the translation of cancer drug discoveries by providing financial support to seed-stage oncology companies. This is achieved through venture philanthropy, investing in startups that commercialize innovative laboratory breakthroughs. The goal is to bring these potentially life-saving advancements to cancer patients as quickly as possible.
Official website here: www.aim-hiaccelerator.org
Who is the CEO of Aim-Hi Accelerator Fund Inc?
Sujuan Ba is the President/Ceo of Aim-Hi Accelerator Fund Inc. The CEO's salary of Aim-Hi Accelerator Fund Inc is $0 and their total compensation is $0.
Official website here: www.aim-hiaccelerator.org
What is the revenue of Aim-Hi Accelerator Fund Inc?
Aim-Hi Accelerator Fund Inc's revenue in 2022 was $3,905,995.
Official website here: www.aim-hiaccelerator.org
Who are the executives of Aim-Hi Accelerator Fund Inc and what are their salaries?
- Charlie Weatherspoon (Chairman Of The Board) [Trustee/Director]
- Matt Tremblay (Vice Chairman) [Trustee/Director]
- Franklin Salisbury Jr (Director)
- Mark Baran (Director)
- Yajun Xu (Director)
- Brian Leyland-Jones (Director)
- Alfred Slanetz (Director)
- Sujuan Ba (President/Ceo)
- Kwok Leung (Treasurer/Secretary)
Official website here: www.aim-hiaccelerator.org
Where can I find the form 990 for Aim-Hi Accelerator Fund Inc?
The Aim-Hi Accelerator Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.aim-hiaccelerator.org
Learn more at the official website: www.aim-hiaccelerator.org
Mission Statement of Aim-Hi Accelerator Fund Inc
Aim-Hi Accelerator Fund Inc, a 501(C)(3) non-profit organization, was established with a significant initial grant from the National Foundation for Cancer Research. This organization operates with a unique mission to expedite the transformation of cancer drug discoveries into commercial realities. By investing in seed-stage oncology companies, Aim-Hi Accelerator Fund Inc fosters the commercialization of innovative laboratory breakthroughs. With the potential to save countless cancer patients' lives, this venture philanthropy model represents a new paradigm in cancer research funding. The organization's mission is to bridge the gap between laboratory discoveries and real-world cancer treatments, ultimately improving the outcomes for patients battling this devastating disease.
Impact
This information is meant to be a general summary of Aim-Hi Accelerator Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Aim-Hi Accelerator Fund Inc's impact is significant in the field of medical research and oncology. By providing seed funding and sustainable impact investment for oncology start-ups, the organization bridges the "Valley of Death" funding gap and supports the development of innovative therapies, diagnostics, and cancer prevention methods. This direct investment approach helps accelerate the translation of cancer drug discoveries into practical applications that have the potential to save lives.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2019
Phone
(301) 654-1250
Principal Officer
Sujuan Ba
Main Address
5515 SECURITY LANE SUITE 1105, ROCKVILLE, MD, 20852
Website
www.aim-hiaccelerator.org
NTEE Category
Code: H30 - Medical research
If you are a representative of Aim-Hi Accelerator Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.