Public Charity

AERAS

Based in Germantown, MD, AERAS operates as a Public Charity. The organization reported $874K in revenue, $1.9M in expenses, $3.3M in total assets for fiscal year 2019. Imperigo tracks 1 reported grants from this foundation totaling approximately $2.2M.

EIN: 522044704 Germantown, MD General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$874K
Total Expenses$1.9M
Total Assets$3.3M
Grants Given1
Grant Total$2.2M
Filing Years2017–2019

Mission

AERAS IS A NON-PROFIT PRODUCT DEVELOPMENT ORGANIZATION DEDICATED TO THE DEVELOPMENT OF EFFECTIVE TUBERCULOSIS (TB) VACCINES AND BIOLOGICS TO PREVENT TB ACROSS ALL AGE GROUPS IN AN AFFORDABLE AND SUSTAINABLE MANNER. AERAS UTILIZES ITS BROAD CAPABILITIES AND TECHNOLOGIES IN COLLABORATION WITH NUMEROUS PARTNERS AND STAKEHOLDERS TO SUPPORT THE DEVELOPMENT OF VACCINES AND OTHER BIOPHARMACEUTICALS TO ADDRESS TB AND OTHER SIGNIFICANT PUBLIC HEALTH NEEDS OF UNDERSERVED POPULATIONS. IN THE PURSUIT OF OUR MISSION, WE ARE GUIDED BY OUR CORE VALUES. THESE CORE VALUES EXPRESS OUR ASPIRATIONS AND THE BEHAVIORS WE WANT TO EXHIBIT AND MODEL. THEY SHAPE THE CULTURE AND CHARACTER OF AERAS AND INFORM ALL OF OUR DECISIONS AND ACTIONS.

Sample Grants Given

NEW YORK, NY · 2018
CLINICAL RESEARCH
$2,231,014

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR, FP&A Brandon Lau
DIRECTOR David Blumberg
CONTROLLER Donna D'amato
CEO Jacqueline Shea
ASSOC DIR, PAYROLL & BENEFITS Jacqueline Sheppard
INTERIM CEO Jennifer Welgos

Officer compensation and complete director data available with membership.

Top Grant Purposes

CLINICAL RESEARCH
$2,231,014 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 $874K $1.9M $3.3M
2018 $11.7M $24.2M $6.7M
2017 $25.8M $30.7M $23.4M

Between 2017 and 2019, reported annual revenue declined from $25.8M to $874K (-97%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

NY

Full geographic grant map with state-by-state breakdown available with membership.

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