TERMEER FOUNDATION INC
396 OCEAN AVENUE, MARBLEHEAD, MA 01945 termeerfoundation.org

Total Revenue
$2,393,790
Total Expenses
$127,603
Net Assets
$2,200,126

Organizations Filed Purposes: BUILDING ON THE BOLD LEGACY OF HENRI TERMEER, WHO PIONEERED GROUNDBREAKING TREATMENTS FOR RARE DISEASES, THE TERMEER FOUNDATION CONNECTS LIFE SCIENCE INNOVATORS AND CATALYZES THE CREATION OF NEW MEDICINES. THE FOUNDATION'S NETWORK OF EMERGING AND ESTABLISHED HEALTHCARE INNOVATORS CULTIVATES TOMORROW'S LEADERS AND LEVERAGES THEIR COLLECTIVE EXPERTISE TO SOLVE COMPLEX PROBLEMS IN DRUG DEVELOPMENT AND ACCESSIBILITY. THE FOUNDATION ALSO INTEGRATES ITS NETWORK WITH ACADEMIC INSTITUTIONS, NONPROFITS, REGULATORY AGENCIES AND OTHER ORGANIZATIONS ACROSS THE GLOBAL HEALTHCARE ECOSYSTEM TO PROVIDE EXPERT COUNSEL, STIMULATE INNOVATION, ELIMINATE BARRIERS TO PROGRESS, AND ULTIMATELY CONNECT THE WORLD OF HEALTHCARE UNTIL EVERY PATIENT HAS A CURE. TOGETHER, EVERYTHING IS POSSIBLE.

THE ORGANIZATION WAS ESTABLISHED TO CONTINUE THE WORK OF THE LATE HENRI TERMEER. THE ORGANIZATION WILL PROVIDE A FORUM FOR BIOTECHNOLOGY LEADERS WHO, LIKE HENRI, WISH TO VOLUNTEER TO EDUCATE AND MENTOR YOUNGER AND ASPIRING BIOTECHNOLOGY ENTREPRENEURS, TO GIVE THEM THE TOOLS THEY NEED TO DEVELOP CAREERS IN CUTTING-EDGE SCIENCE AND PATIENT CARE, WHICH IN TURN WILL CREATE OPPORTUNITIES FOR SCIENTIFIC ADVANCEMENTS TO ADDRESS IMPORTANT UNMET AND CRITICAL MEDICAL NEEDS. IN ADDITION, THROUGH THE LEADERSHIP AND VOLUNTEERISM OF THESE MENTORS, THE ORGANIZATION WILL FOSTER SCIENTIFIC AND MEDICAL COLLABORATION, AND SUPPORT OPPORTUNITIES FOR INTERDISCIPLINARY RESEARCH TO ADVANCE INNOVATION IN SCIENCE AND MEDICINE.

CONNECT LIFE SCIENCE CHANGEMAKERS: THE CORNERSTONE OF THE TERMEER FOUNDATION IS ITS NETWORK, AN EVEREXPANDING GROUP OF EMERGING AND ESTABLISHED HEALTHCARE ENTREPRENEURS WHO POOL THEIR COLLECTIVE EXPERIENCE TO ADVANCE CURES. THE NETWORK CONSISTS OF 16 DEDICATED AND HIGHLY EXPERIENCED MENTORS, ALONG WITH A LARGE NETWORK OF INDUSTRY PARTICIPANTS AS WELL AS TERMEER FELLOWS, WHO ARE TYPICALLY COMPANY FOUNDERS AND FIRST TIME CEOS. THE TERMEER FOUNDATION HAS AWARDED 14 FELLOWSHIPS OVER THE PAST THREE YEARS. MEMBERS OF THE NETWORK INTERACT THROUGH A VARIETY OF FORUMS INCLUDING EXPERT TALKS, LUNCH AND LEARNS, PEER TO PEER SHARING AND 1:1 MENTORING.

CATALYZE THE DEVELOPMENT OF NEW TREATMENTS: THE FOUNDATION CONNECTS ITS NETWORK WITH ACADEMIC INSTITUTIONS, NONPROFITS AND OTHER INNOVATORS SPANNING THE WORLD OF HEALTHCARE TO PROVIDE EXPERT COUNSEL, STIMULATE INNOVATION, AND ULTIMATELY PROVIDE CURES. THE FOUNDATION STRIVES TO ACCELERATE THE TIMELINE AND INCREASE THE PROBABILITY OF SUCCESSFULLY DEVELOPING AND DELIVERING INNOVATIVE MEDICINES TO PATIENTS BY MAKING CONNECTIONS, BREAKING DOWN SILOS, AND REMOVING BARRIERS TO PROGRESS ACROSS THE INDUSTRY. THE FOUNDATION IS WORKING IN PARTNERSHIP WITH THE COLUMBUS CHILDREN'S FOUNDATION TO CREATE A GENE THERAPY EXPERT COUNCIL THAT WILL DEVELOP A ROADMAP FOR NAVIGATING AND EXPEDITING THE PATH OF BRINGING CURATIVE GENE THERAPY SOLUTIONS TO PATIENTS WITH ULTRARARE DISEASES.THE FOUNDATION HAS ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH HEALTH HOLLAND TO CREATE AN AWARD HONORING SCIENTIFIC INNOVATION IN MASSACHUSETTS AND IN THE NETHERLANDS, PROVIDING OPPORTUNITIES FOR KNOWLEDGE AND CULTURAL EXCHANGE. THE FOUNDATION ALSO SUPPORTS PROGRAMS AT HARVARD, MIT AND MASS GENERALHOSPITAL TO SUPPORT SCIENTIFIC RESEARCH AND PIONEER NEW APPROACHES TO PATIENT CARE.

BUILDING ON HENRI TERMEER'S LEGACY: THE FOUNDATION CARRIES ON THE BOLD LEGACY OF FORMER GENZYME CEO HENRI TERMEER, WHO WAS COMMITTED TO MENTORING TOMORROW'S HEALTHCARE LEADERS AND WHO PIONEERED GROUNDBREAKING TREATMENTS FOR RARE DISEASES. TO THIS END, THE FOUNDATION HAS ORGANIZED AND HELPED TO FUND THE CREATION OF TERMEER SQUARE, AN OUTDOOR SPACE DESIGNED TO FACILITATE COLLABORATION IN THE HEART OF THE CAMBRIDGE BIOTECH HUB. THE SPACE FEATURES SEATING, A REFLECTING POOL, A STATUE OF HENRI AND INSPIRATIONAL QUOTES. THE FOUNDATION ALSO HAS PARTNERSHIPS WITH GROUPS LIKE BIO IN SUPPORT OF THE ANNUAL "HENRI A. TERMEER BIOTECHNOLOGY VISIONARY AWARD," WHICH RECOGNIZES POWERFUL AND TRANSFORMATIVE CONTRIBUTIONS TO THE BIOTECHNOLOGY INDUSTRY, AND MASSBIO IN SUPPORT OF THE "MASSBIOED HENRI A. TERMEER STUDENT SCHOLARSHIP PROGRAM," AN ANNUAL AWARD OF $2,500 FOR A HIGH SCHOOL STUDENT TO USE TOWARDS COLLEGE, WITH A MAJOR IN A FIELD RELATED TO BIOTECHNOLOGY, AS WELL AS THE "MASSBIOED HENRI A. TERMEER BIOTECHNOLOGY AND LIFE SCIENCE EDUCATOR GRANT," WHICH PROVIDES A $2,500 AWARD TO A LIFE SCIENCE TEACHER INRECOGNITION OF SUPERIOR MENTORING OF THEIR STUDENTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alan WaltsTREASURER5$0
Belinda TermeerPRESIDENT & CLERK8$0
Joan ReedeDIRECTOR0.5$0
John MaraganoreDIRECTOR0.5$0
Gail MaderisDIRECTOR0.5$0
Alan WaltsDIRECTOR0$0
Belinda TermeerDIRECTOR0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202120679349301157_public.xml