Salk Institute for Biological Studies
Salk Institute for Biological Studies
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About this organization
Mission
Every cure has a starting point. The Salk Institute embodies Jonas Salk’s mission to dare to make dreams into reality. Its internationally renowned and award-winning scientists explore the very foundations of life, seeking new understandings in neuroscience, genetics, immunology, plant biology and more. The Institute is an independent nonprofit organization and architectural landmark: small by choice, intimate by nature and fearless in the face of any challenge. Be it cancer or Alzheimer’s, aging or diabetes, Salk is where cures begin.
About
As its first director, Salk said of his eponymous institute: “The Salk Institute is a curious place, not easily understood, and the reason for it is that this is a place in the process of creation. It is being created and is engaged in studies of creation. We cannot be certain what will happen here, but we can be certain it will contribute to the welfare and understanding of man.” The major study areas are aging and regenerative medicine, cancer biology, immune system biology, metabolism and diabetes, neuroscience and neurological disorders and plant biology. Salk research provides new understanding and potential treatments for a range of diseases, from AIDS and Alzheimer’s to cancer and cardiovascular disorders. Discoveries by plant biologists are paving the way to improving the quality and quantity of the world’s food supply and to addressing critical environmental problems, including global warming. The Institute is supported by research grants from the National Institutes of Health, private foundations and individuals who value scientific trailblazing. The March of Dimes, which has backed the Institute since its inception, continues to contribute financially every year.
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “Involved in research activities, the objectives of which are the advancement and dissemination of knowledge relevant to the health and wellbeing of man. the objectives are met primarily through research and advanced instruction in (a) biology, (b) the cause, prevention and cure of diseases, and (c) the factors and circumstances conducive to the fulfillment of man's biological potential.”.
When detailing its duties, they were outlined as: “Basic research in the following: molecular biology & genetics, neuroscience, and plant biology.”.
- The state in which the non-profit is legally authorized to operate is CA, as reported.
- The filing confirms that the non-profit's address in 2019 was 10010 N TORREY PINES ROAD, LA JOLLA, CA, 920371002.
- The non-profit's form for the year 2019 reports a total of 1073 employees on their payroll.
- The non-profit has loans outstanding as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $16,971,521.
- The remuneration of the CEO of the organization is based on an independent review and approval process.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 29 independent voting members.
- The organization was formed in 1960.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $70,829,123 in salary, compensation, and benefits to its employees.
- The organization pays $5,014,621 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization's financial statements were reviewed by an accountant.
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