Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
56 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
14 people listed on the 990; $254K paid to officers and key staff.
Jason Sapia’s $150K as Foundation Director is at the 46th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
See Aabb Foundation INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Funds research and education for blood and biotherapies.
Questions for Aabb Foundation INC
Your first name shows with your question. Aabb Foundation INC answers here, for everyone.
The AABB Foundation actively supports research, education, and training and manages the investments and the endowments that provide awards to individuals that have made major contributions to the fields of blood transfusion medicine and related therapies.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | FY24 | FY23 | FY22 |
|---|---|---|---|
| End of yearLn 1g | $1.4M | $1.3M | $1.1M |
| Given inLn 1b | $400 | $1.1M | |
| SpentLn 1d–1f | $43K | $20K | $19K |
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $171K | $256K |
| InvestmentsLn 11–13 | $18.1M | $19.5M |
| Total assetsLn 16 | $18.8M | $19.9M |
| LiabilitiesLn 26 | $64K | $96K |
| Net assetsLn 32 | $18.8M | $19.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $600K | $600K | ||
| Grants to domestic individualsLn 2 | $20K | $20K | ||
| Pay of current officers, directors and key staffLn 5 | $119K | $53K | $12K | $53K |
| Other salaries and wagesLn 7 | $133K | $60K | $13K | $60K |
| Other employee benefitsLn 9 | $20K | $9K | $2K | $9K |
| Payroll taxesLn 10 | $13K | $6K | $1K | $6K |
| Management feesLn 11a | $368K | $368K | ||
| Accounting feesLn 11c | $6K | $6K | ||
| Investment management feesLn 11f | $57K | $57K | ||
| Other fees for servicesLn 11g | $48K | $15K | $14K | $19K |
| Advertising and promotionLn 12 | $480 | $480 | ||
| Office expensesLn 13 | $5K | $5K | ||
| Information technologyLn 14 | $11K | $7K | $4K | |
| OccupancyLn 16 | $3K | $2K | $932 | |
| TravelLn 17 | $15K | $15K | $621 | |
| Other expenses (24a–d)Ln 24 | $54K | $40K | $7K | $7K |
| Total functional expensesLn 25 | $1.5M | $827K | $487K | $160K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 | $1.4M | $1.5M | −$26K | $19.8M | 990 PDF |
| FY2023Filed with the IRS Nov 17, 2025 | $4.1M | $1.5M | $2.7M | $18.8M | 990 PDF |
| FY2022Filed with the IRS Nov 17, 2025 | $15.7M | $46K | $15.7M | $16.6M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,447,507 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 2 to look at
Part VIII · Statement of revenue $1,447,507 across 6 lines filed
Part IX · Statement of functional expenses $1,473,644 across 16 lines filed
Part X · Balance sheet $19,932,151 assets, 12 lines filed
Part XI · Reconciliation of net assets $19,836,366 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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