BIOADVANCE CAPITAL
EIN 46-0481876 · Youth Development (O055)
What they do
BIOADVANCE CAPITAL (FORMERLY BIOADVANCE) WAS ESTABLISHED IN 2001 AS ONE of THE THREE LIFE SCIENCES GREENHOUSES FUNDED WITH A SHARE of PENNSYLVANIAS NATIONAL TOBACCO SETTLEMENT REVENUES to PROMOTE HUMAN HEALTH BY SUPPORTING BIOMEDICAL INNOVATION IN SOUTHEASTERN PENNSYLVANIA. THE ORGANIZATION DEDICATED $25 MILLION of THE ORIGINAL GRANT FUNDING to PRE SEED and EARLY STAGE INVESTMENTS to HELP ADVANCE TECHNOLOGIES to THE NEXT STAGE of DEVELOPMENT. SINCE THE ORIGINAL GRANT FUNDING WAS EXPENDED, BIOADVANCE CAPITAL HAS CONTINUED to SUPPORT EMERGING LIFE SCIENCES COMPANIES IN SOUTHEASTERN PENNSYLVANIA and THE SURROUNDING MID ATLANTIC REGION, WITH A FOCUS ON TECHNOLOGIES THAT IMPROVE HUMAN HEALTH.
Financial picture
About this charity
- Recognized since
- January 2002
- Location
- 101 WEST ELM STREET 330, CONSHOHOCKEN, PA 19428
- County
- Montgomery
- In care of
- SHAHRAM HEJAZI
- Primary officer
- SHAHRAM HEJAZI, CEO & MANAGING DIRECTOR
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- Tax preparer
- EISNER ADVISORY GROUP LLC
- NTEE classification
- Youth Development (O055)
- IRS tax category
- Voluntary Health Organizations
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1200
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1