SANDERS TRI-INSTITUTIONAL THERAPEUTICS DISCOVERY INSTITUTE INC CO WEILL CORNEL Charity Report

Public IRS 990 nonprofit record

SANDERS TRI-INSTITUTIONAL THERAPEUTICS DISCOVERY INSTITUTE INC CO WEILL CORNEL

EIN 46-3673346 · Medical Research N.E.C. (H99)

What they do

to FURTHER and IMPROVE HEALTH and THE DIAGNOSIS, PREVENTION and TREATMENT of DISEASE THROUGH RESEARCH, GENERATE INNOVATIVE PROOF-OF-CONCEPT STUDIES, and ADVANCE THE SCIENTIFIC ACTIVITIES of THE CONTROLLING INSTITUTIONS. (CONTINUED ON SCHEDULE O)THE SANDERS TRI-INSTITUTIONAL THERAPEUTICS DISCOVERY INSTITUTE, INC. WAS ORGANIZED and is OPERATED AS AN INDEPENDENT, NON-PROFIT CORPORATION, CONTROLLED BY LEADING NOT-FOR-PROFIT ACADEMIC, MEDICAL and RESEARCH INSTITUTIONS, to FURTHER and IMPROVE HEALTH and THE DIAGNOSIS, PREVENTION and TREATMENT of DISEASE THROUGH TRANSLATIONAL RESEARCH, GENERATE INNOVATIVE PROOF-OF-CONCEPT STUDIES, and ADVANCE THE SCIENTIFIC ACTIVITIES of THE CONTROLLING INSTITUTIONS (MEMORIAL SLOAN KETTERING CANCER CENTER, THE ROCKEFELLER UNIVERSITY, and WEILL CORNELL MEDICAL COLLEGE) FACULTY, FELLOWS and STUDENTS IN ASPECTS of TRANSLATIONAL RESEARCH, CHEMISTRY, PHARMACOLOGY, and DRUG DISCOVERY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.86%of revenue went to mission work92.9% of expenses · Program services

$100.00spent for every $100 of revenueRevenue covered expenses this year.

7.14%of revenue went to management and office costs7.1% of expenses

$0.44in assets for every $1 spent this yearSome assets cannot be spent right away.

2.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $696,150 for PETER T MEINKE PHD (SANDERS DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,577,142

Mission workProgram services$15,393,83892.86% of revenue92.9% of expenses

ManagementOffice and general costs$1,183,3047.14% of revenue7.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$16,577,142100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2023Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2022Expense mix: 93.4% mission · 6.6% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2021Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

2020Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 101.58% of revenue

2019Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 101.92% of revenue

2018Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 101.23% of revenue

Money in and money out

Revenue$16,577,142

Expenses$16,577,142

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$15,393,838 · 92.9% of expenses

Management and office costs$1,183,304 · 7.1% of expenses

See all reported dollar amounts

Revenue$16,577,142

Expenses$16,577,142

Assets$7,307,418

Income$16,577,142

Contributions$330,000

Mission work (program services)$15,393,838

Management and general$1,183,304

Accounting fees$104,887

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER T MEINKE PHDSANDERS DIRECTOR · 40 hrs/week $696,150Base $627,542 · Other $68,608

MANUEL BACAVICE PRESIDENT, BIOLOGICS · 40 hrs/week $474,854Base $403,018 · Other $71,836

PATRICIA AHAVICE PRESIDENT, OPRATIONS · 40 hrs/week $360,934Base $300,813 · Other $60,121

NIGEL LIVERTON PHDVICE PRESIDENT, CHEMISTRY · 40 hrs/week $351,402Base $290,336 · Other $61,066

SELWYN VICKERS MDBOARD MEMBER $342,150Base · Other $342,150

PAUL BALDERESSR. DIRECTOR · 40 hrs/week $341,606Base $280,506 · Other $61,100

SANDRA LORBERVICE PRESIDENT, FINANCE · 40 hrs/week $302,350Base $255,246 · Other $47,104

RICHARD P LIFTON MD PHDBOARD MEMBER $285,349Base · Other $285,349

MICHAEL P VITALETREASURER $144,581Base · Other $144,581

NATHANIEL HEINTZ PHDBOARD MEMBER $138,395Base · Other $138,395

BARRY COLLER MDBOARD MEMBER $123,955Base · Other $123,955

DEREK TAN PHDBOARD MEMBER $85,209Base · Other $85,209

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

PETER T MEINKE PHDSANDERS DIRECTOR

MANUEL BACAVICE PRESIDENT, BIOLOGICS

PATRICIA AHAVICE PRESIDENT, OPRATIONS

NIGEL LIVERTON PHDVICE PRESIDENT, CHEMISTRY

SELWYN VICKERS MDBOARD MEMBER

PAUL BALDERESSR. DIRECTOR

SANDRA LORBERVICE PRESIDENT, FINANCE

RICHARD P LIFTON MD PHDBOARD MEMBER

MICHAEL P VITALETREASURER

NATHANIEL HEINTZ PHDBOARD MEMBER

BARRY COLLER MDBOARD MEMBER

DEREK TAN PHDBOARD MEMBER

DAVID SCHEINBERG MD PHDBOARD MEMBER

CARL NATHAN MDBOARD MEMBER

BARBARA HEMPSTEAD MDBOARD MEMBER

ROBERT HARRINGTON MDBOARD MEMBER

About this charity

Recognized since: January 2023
Location: 1300 YORK AVE, NEW YORK, NY 10065-4805
County: New York
In care of: % WEILL CORNELL MEDIC
Primary officer: PETER T MEINKE PHD, DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(212) 327-8704

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Medical Research N.E.C. (H99)
IRS tax category: Medical Research N.E.C.