National Biomedical Research Foundation Inc

Waltham, MA
Tax-exempt since Oct. 2002
EIN: 13-1926374

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Medical Research / Biomedicine, Bioengineering Research (NTEE)

Donations to this organization are tax deductible.

Revenue

$124k (2024)

Expenses

$20.4k (2024)

Total Assets

$2.48M (2024)

Total Liabilities

$648 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Revenue

$124,003

Expenses

$20,443

Net Income

$103,560

Net Assets

$2,484,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$124,003	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,719	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,484,949
Total Liabilities	$648
Net Assets	$2,484,301

Compensation

Key Employees and Officers	Compensation	Other
Dr Fred Ledley (President)	$0	$0
Bruce Kurlander Esq (Clerk/Treasurer)	$0	$0
Bruce Leicher Esq (Director)	$0	$0
Dr David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0
Nancy Hsuing (Director)	$0	$0
Mark Adams (Director)	$0	$0

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990-PF

Filed on Nov. 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2023

Revenue

-$15,816

Expenses

$1,019,692

Net Income

-$1,035,508

Net Assets

$2,380,741

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$132,238
Sales of Assets	-$148,054
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,017,854	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,381,442
Total Liabilities	$701
Net Assets	$2,380,741

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Nov. 3, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2022

Revenue

$63,519

Expenses

$522,346

Net Income

-$458,827

Net Assets

$3,416,249

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$85,380	> 100%
Sales of Assets	-$21,861
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$521,144	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,416,318
Total Liabilities	$69
Net Assets	$3,416,249

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Nov. 4, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2021

Revenue

$34,727

Expenses

$459,603

Net Income

-$424,876

Net Assets

$3,875,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$113,327	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$523,081	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,875,813
Total Liabilities	$737
Net Assets	$3,875,076

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0
Sophie Chapelle (Director)	$0	$0

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990-PF

Filed on Sept. 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2020

Revenue

$133,228

Expenses

$531,168

Net Income

-$397,940

Net Assets

$4,299,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$154,386	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$462,839	87.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,364,877
Total Liabilities	$64,925
Net Assets	$4,299,952

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0
Sophie Chapelle (Director)	$0	$0

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990-PF

Filed on Nov. 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending June
2019

Revenue

$138,180

Expenses

$533,027

Net Income

-$394,847

Net Assets

$4,697,892

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$168,622	> 100%
Sales of Assets	-$30,442
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$493,775	92.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,701,851
Total Liabilities	$3,959
Net Assets	$4,697,892

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0
Sophie Chapelle (Director)	$0	$0

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990-PF

Filed on Oct. 30, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2018

Revenue

$166,272

Expenses

$56,674

Net Income

$109,598

Net Assets

$5,092,739

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$182,827	> 100%
Sales of Assets	-$16,555
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$462,743	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,092,822
Total Liabilities	$83
Net Assets	$5,092,739

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0
Sophie Chapelle (Director)	$0	$0

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990-PF

Filed on Nov. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2017

Revenue

$152,622

Expenses

$614,900

Net Income

-$462,278

Net Assets

$4,983,141

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$170,573	> 100%
Sales of Assets	-$17,951
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$100,000	16.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,448,839
Total Liabilities	$465,698
Net Assets	$4,983,141

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Oct. 26, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2016

Revenue

$157,980

Expenses

$514,313

Net Income

-$356,333

Net Assets

$5,445,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$157,980	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$441,633	85.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,897,708
Total Liabilities	$452,289
Net Assets	$5,445,419

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
B Andrew Lustig (Director)	$0	$0
Francis Szoka (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Dec. 8, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2015

Revenue

$128,142

Expenses

$490,745

Net Income

-$362,603

Net Assets

$5,801,752

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$128,447	> 100%
Sales of Assets	-$305
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$436,170	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,248,951
Total Liabilities	$447,199
Net Assets	$5,801,752

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
B Andrew Lustig (Director)	$0	$0
Francis Szoka (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Nov. 13, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2014

Revenue

$58,734

Expenses

$512,670

Net Income

-$453,936

Net Assets

$6,164,355

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$58,734	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$446,232	87.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,603,358
Total Liabilities	$439,003
Net Assets	$6,164,355

Compensation

Key Employees and Officers	Compensation	Other
Fred Ledley (President)	$0	$0
Bruce Kurlander (Clerk/Treasurer)	$0	$0
Bruce Leicher (Director)	$0	$0
Bert O'malley (Director)	$0	$0
Nancy Hsuing (Director)	$0	$0
B Andrew Lustig (Director)	$0	$0
Francis Szoka (Director)	$0	$0
David Fischell (Director)	$0	$0
Linda King (Assistant Treasurer)	$0	$0

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990-PF

Filed on Sept. 25, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending June
2013

Revenue

$85,517

Expenses

$511,077

Net Income

-$425,560

Net Assets

$6,618,291

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$85,517	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,000	1.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,046,880
Total Liabilities	$428,589
Net Assets	$6,618,291

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$163,148

Expenses

$544,467

Net Income

-$381,319

Net Assets

$7,043,851

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$163,148	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$490,528	90.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,044,533
Total Liabilities	$682
Net Assets	$7,043,851

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$105,731

Expenses

$175,558

Net Income

-$69,827

Net Assets

$7,425,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$106,125	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$394
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$7,426,053
Total Liabilities	$883
Net Assets	$7,425,170

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Updated December 5, 2025

National Biomedical Research Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $124k (2024)

Expenses $20.4k (2024)

Total Assets $2.48M (2024)

Total Liabilities $648 (2024)

Tax Filings by Year

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$124k (2024)

Expenses

$20.4k (2024)

Total Assets

$2.48M (2024)

Total Liabilities

$648 (2024)

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending Dec.
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001