FOUNDATION FOR INNOVATION AND LIFE INC is a private foundation categorized as Public Charity based in BROOKLINE, MA. Its most recent IRS filing (2024) reports revenue of $524K, expenses of $636K, total assets of $11.1M. Imperigo tracks 5 reported grants from this foundation totaling approximately $240K.
THE FOUNDATION'S MISSION IS TO HELP OUR SPONSORS DEVELOP UNIQUE TOOLS AND NOVEL METHODS TO PROMOTE EARLY DIAGNOSIS AND DEVELOP INNOVATIVE TREATMENTS FOR COMPLEX DISEASES. THE FOUNDATION SPECIALIZES IN THE DEVELOPMENT AND APPLICATION OF NOVEL MINIMALLY INVASIVE TECHNIQUES IN THE FIELDS OF CARDIOLOGY, ENDOSCOPY, SURGERY, DRUG, AND DEVICE DELIVERY, DRUG AND DEVICE SAFETY, AND DIAGNOSTIC IMAGING.
How Foundation for Innovation and Life Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 5 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $524K | $636K | $11.1M |
| 2023 | $12.1M | $16.0M | $16.7M |
| 2022 | $25.2M | $22.6M | $23.8M |
| 2020 | $13.5M | $13.5M | $8.0M |
| 2019 | $15.4M | $15.1M | $4.9M |
Between 2019 and 2024, reported annual revenue declined from $15.4M to $524K (-97%), with total assets most recently reported at $11.1M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in MA, MD.
Full geographic grant map with state-by-state breakdown available with membership.
