Foundation for Innovation and Life Inc.

Fiscal year ending 2019. Filed on October 30, 2020.

500 Shire Way
Lexington, Massachusetts 02421

Foundation for Innovation and Life Inc. (EIN: 20-4325286) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2019 IRS Form 990 filing, Foundation for Innovation and Life Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 98 total employees. Among the employees shown here, the average compensation is $223,033. The highest compensated employee at Foundation for Innovation and Life Inc. is Peter Markham with fiscal year 2019 compensation of $380,297. Foundation for Innovation and Life Inc. changed its name from Cbset Inc. in 2023.

Revenue, expenses, and employee compensation

Revenue

$15,372,636

Expenses

$15,133,334

Employee compensation

$7,217,578
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

November 17, 2025:
2024 Foundation for Innovation and Life Inc. 990 filed
November 14, 2024:
2023 Foundation for Innovation and Life Inc. 990 filed
November 9, 2023:
2022 Foundation for Innovation and Life Inc. 990 filed

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