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Nonprofit · EIN 59-1361955

DIABETES RESEARCH INSTITUTE FOUNDATION INC

Tax-exempt · MIAMI, FL 33136

Financials

$7.1M$11.6M2022$9.5M$14.1M2023$11.4M$13.1M2024
Revenue Expenses · by fiscal year end
Financials of DIABETES RESEARCH INSTITUTE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,393,437$13,113,198-$1,719,761$26,581,774$1,971,011$24,610,763
June 30, 2024990$9,491,932$14,123,317-$4,631,385$26,391,689$1,746,872$24,644,817
June 30, 2023990$7,129,662$11,554,214-$4,424,552$28,164,828$799,974$27,364,854
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,601,774
Program service revenue
$0
Investment income
$788,338
Net gain from sales of assets
$61,428
Other revenue
$3,325

Expenses

Grants and similar amounts paid
$7,081,720
Compensation of officers, directors and key employees
$595,702
Other salaries and wages
$1,795,990
Salaries, compensation and benefits (total)
$2,852,307
Professional fundraising fees
$369,182
Legal fees
$30,126
Accounting fees
$74,524
Occupancy
$301,114
Travel
$78,656
Depreciation
$39,996
Program services (functional)
$8,404,486
Management and general (functional)
$1,810,163
Fundraising (functional)
$2,898,549

Balance sheet and other

Total assets, start of year
$26,391,689
Total assets, end of year
$26,581,774
Total liabilities, end of year
$1,971,011
Net assets, end of year
$24,610,763
Land, buildings and equipment
$74,777
Publicly traded securities
$21,271,692
Net assets without donor restrictions
$2,373,230
Net assets with donor restrictions
$22,237,533
Gross receipts
$18,188,764
Employees
17
Volunteers
200
Year formed
1974
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL BURTONCHIEF EXECUTIVE OFFICER
Officer
50$370,500$34,014
MICHAEL MYERSCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
50$225,000$33,071
AMY POWERSCHIEF DEVELOPMENT OFFICER
Key employee
50$225,202$25,888
JILL SHAPIRO-MILLEREXECUTIVE VICE PRESIDENT
Highest-paid employee
50$198,550$16,336
JESSICA SINNESCHIEF OPERATING OFFICER
Highest-paid employee
50$190,260$12,115
JOANN FLICKDIRECTOR OF MAJOR GIFTS
Highest-paid employee
50$159,538$18,966
THOMAS KARLYAEXECUTIVE VICE PRESIDENT
Highest-paid employee
50$147,142$18,966
BONNIE INSERRAMEMBER AT LARGE
Trustee or director, Officer
5$0$0
BRUCE SIEGELTREASURER
Trustee or director, Officer
5$0$0
CHARLES RIZZOAT LARGE
Trustee or director, Officer
5$0$0
HAROLD DORAN JRIMMEDIATE PAST BOARD CHAIRMAN
Trustee or director, Officer
5$0$0
JOHN DOSCASVICE CHAIRMAN
Trustee or director, Officer
5$0$0
MARC S GOODMANAT LARGE
Trustee or director, Officer
5$0$0
MATTHEW STUBBSSECRETARY
Trustee or director, Officer
5$0$0
WILLIAM FISHLINGERBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
14 more people on this return
NameTitleHours / weekCompensation
BRUCE WALLERDIRECTOR
Trustee or director
1$0
ELEANOR KOSOWDIRECTOR
Trustee or director
1$0
ESTHER GOODMANDIRECTOR
Trustee or director
1$0
JOHN CARRIONDIRECTOR
Trustee or director
1$0
LINDSEY INSERRA-HUGHESDIRECTOR
Trustee or director
1$0
MARC GOLDFARBDIRECTOR
Trustee or director
1$0
MARLENE BERGDIRECTOR
Trustee or director
1$0
RAMON POODIRECTOR
Trustee or director
1$0
RICHARD TONKINSONDIRECTOR
Trustee or director
1$0
ROGER SILVERSTEINDIRECTOR
Trustee or director
1$0
RONALD DARLINGDIRECTOR
Trustee or director
1$0
SCARLETT LEUNGDIRECTOR
Trustee or director
1$0
SEAN MCGARVEYDIRECTOR
Trustee or director
1$0
STEPHEN RIZZODIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 31 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL BURTONCHIEF EXECUTIVE OFFICER (AS OF 07/2023)
Officer
50$318,750$29,680
SAMANTHA DAVISCHIEF FINANCIAL OFFICER
Officer
60$160,000$83,295
AMY POWERSCHIEF DEVELOPMENT OFFICER
Key employee
50$210,000$23,461
THOMAS KARLYAEXECUTIVE VICE PRESIDENT
Highest-paid employee
50$207,000$17,071
JILL SHAPIRO-MILLEREXECUTIVE VICE PRESIDENT
Highest-paid employee
50$198,550$11,913
MICHAEL MYERSCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
50$147,115$13,734
JOANN FLICKDIRECTOR OF MAJOR GIFTS
Highest-paid employee
50$135,960$22,380
JESSICA SINNESASSISTANT VP, PHILANTHROPY
Highest-paid employee
50$127,000$7,620
BONNIE INSERRAMEMBER AT LARGE
Trustee or director, Officer
5$0$0
BRUCE SIEGELTREASURER
Trustee or director, Officer
5$0$0
CHARLES RIZZOAT LARGE
Trustee or director, Officer
5$0$0
HAROLD DORAN JRIMMEDIATE PAST BOARD CHAIRMAN
Trustee or director, Officer
5$0$0
JOHN DOSCASVICE CHAIRMAN
Trustee or director, Officer
5$0$0
MARC S GOODMANAT LARGE
Trustee or director, Officer
5$0$0
MATTHEW STUBBSSECRETARY
Trustee or director, Officer
5$0$0
WILLIAM FISHLINGERBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
BRUCE WALLERDIRECTOR
Trustee or director
1$0$0
ELEANOR KOSOWDIRECTOR
Trustee or director
1$0$0
ESTHER GOODMANDIRECTOR
Trustee or director
1$0$0
JILL VINERDIRECTOR
Trustee or director
1$0$0
LINDSEY INSERRA-HUGHESDIRECTOR
Trustee or director
1$0$0
MARC GOLDFARBDIRECTOR
Trustee or director
1$0$0
MARLENE BERGDIRECTOR
Trustee or director
1$0$0
RAMON POODIRECTOR
Trustee or director
1$0$0
RICARDO SALMONDIRECTOR
Trustee or director
1$0$0
RICHARD TONKINSONDIRECTOR
Trustee or director
1$0$0
ROGER SILVERSTEINDIRECTOR (AS OF 07/2023)
Trustee or director
1$0$0
RONALD DARLINGDIRECTOR
Trustee or director
1$0$0
SCARLETT LEUNGDIRECTOR
Trustee or director
1$0$0
SEAN MCGARVEYDIRECTOR
Trustee or director
1$0$0
STEPHEN RIZZODIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
SEAN KRAMERCHIEF EXECUTIVE OFFICER
Officer
50$237,501$14,141
AMY POWERSCHIEF DEVELOPMENT OFFICER
Key employee
50$208,322$27,000
JILL SHAPIRO-MILLEREXECUTIVE VICE PRESIDENT
Highest-paid employee
50$197,952$27,000
THOMAS KARLYAEXECUTIVE VICE PRESIDENT
Highest-paid employee
50$197,952$12,420
SAMANTHA DAVISCHIEF FINANCIAL OFFICER
Officer
60$142,759$8,711
JESSICA SINNESASSISTANT VP, PHILANTHROPY
Highest-paid employee
50$122,890$17,205
STEPHANIE LANZADIRECTOR STRATEGIC PARTNERSHIP
Highest-paid employee
50$122,228$12,505
MACKENZIE CRANEDIRECTOR OF MAJOR GIFTS
Highest-paid employee
50$116,822$7,050
WILLIAM FISHLINGERBOARD CHAIRMAN
Trustee or director, Officer
5$0$0
JOHN DOSCASVICE CHAIRMAN
Trustee or director, Officer
5$0$0
HAROLD DORAN JRIMMEDIATE PAST BOARD CHAIRMAN
Trustee or director, Officer
5$0$0
BRUCE SIEGELTREASURER
Trustee or director, Officer
5$0$0
MATTHEW STUBBSSECRETARY
Trustee or director, Officer
5$0$0
MARC S GOODMANAT LARGE
Trustee or director, Officer
5$0$0
CHARLES RIZZOAT LARGE
Trustee or director, Officer
5$0$0
MARLENE BERGDIRECTOR
Trustee or director
1$0$0
RONALD DARLINGDIRECTOR
Trustee or director
1$0$0
MARC GOLDFARBDIRECTOR
Trustee or director
1$0$0
ESTHER GOODMANDIRECTOR
Trustee or director
1$0$0
BONNIE INSERRADIRECTOR
Trustee or director
1$0$0
LINDSEY INSERRA-HUGHESDIRECTOR
Trustee or director
1$0$0
ELEANOR KOSOWDIRECTOR
Trustee or director
1$0$0
SCARLETT LEUNGDIRECTOR
Trustee or director
1$0$0
RAMON POODIRECTOR
Trustee or director
1$0$0
STEPHEN RIZZODIRECTOR
Trustee or director
1$0$0
RICARDO SALMONDIRECTOR
Trustee or director
1$0$0
SAM TALBOTDIRECTOR
Trustee or director
1$0$0
RICHARD TONKINSONDIRECTOR
Trustee or director
1$0$0
JILL VINERDIRECTOR
Trustee or director
1$0$0
BRUCE WALLERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1450 NW 10TH AVE, MIAMI, FL 33136-1011
In care of
% SAMANTHA DAVIS
Principal officer (990 for 2024)
MICHAEL BURTON, 1450 NW 10TH AVENUE 2ND FLOOR, MIAMI, FL 33136
Signed the 990
SAMANTHA DAVIS, CFO
Phone
(954) 964-4040
Return prepared by
BDO USA

Mission

TO PROVIDE THE DIABETES RESEARCH INSTITUTE WITH THE FUNDING TO CURE DIABETES NOW.

990 for the year ended June 30, 2025

Program accomplishments

  • THE DIABETES RESEARCH INSTITUTE FOUNDATION FUNDS BASIC, PRE-CLINICAL AND PATIENT-BASED RESEARCH STUDIES, INCLUDING CLINICAL STUDIES, SEVERAL OF WHICH ARE SIMULTANEOUSLY UNDERWAY AT THE DIABETES RESEARCH INSTITUTE (DRI) AND OTHER COLLABORATING RESEARCH FACILITIES. SUPPORT FROM THE DIABETES RESEARCH INSTITUTE FOUNDATION HAS ENABLED THE INTRODUCTION OF AFFINITY GROUPS AT THE DRI, A NEW STRATEGIC TOOL TO ACCELERATE THE FUTURE OF TYPE 1 DIABETES RESEARCH. THESE GROUPS ARE DESIGNED TO FOSTER COLLABORATION, ENCOURAGE INNOVATIVE THINKING AND STREAMLINE PROBLEM-SOLVING. THROUGH THESE NEW AFFINITY GROUPS, EXPERTS AND SPECIALISTS ACROSS DISCIPLINES, INCLUDING SURGEONS, ENGINEERS, IMMUNOLOGISTS, CHEMISTS AND ENDOCRINOLOGISTS, COME TOGETHER TO FOCUS ON THREE CRITICAL AREAS: IMMUNOLOGY/IMMUNE MODULATION, DEVICES TO SUPPORT ISLET TRANSPLANTATION AND INSULIN-PRODUCING BETA CELL ROBUSTNESS AND AUGMENTATION. IN THE AREA OF IMMUNOLOGY, DRIF HAS FUNDED DRI RESEARCH PROJECTS THAT FOCUS ON ESTABLISHING IMMUNE TOLERANCE AND REVERSING AUTOIMMUNITY, THE BODY'S DESTRUCTION OF THE INSULIN-PRODUCING CELLS WHICH CAUSES THE ONSET OF THE DISEASE. ONE SUCH STUDY INVOLVES THE MONOCLONAL ANTIBODY AT-1501 WHICH WAS TESTED IN PRECLINICAL MODELS, LEADING TO LONG-TERM GRAFT SURVIVAL IN BOTH ISLET AND KIDNEY TRANSPLANTS, CONFIRMING ITS IMMUNOSUPPRESSIVE POTENTIAL. ANOTHER EXCITING STUDY INVOLVES THE USE OF "LIPONANO CLUSTERS" WHICH PROVIDE CONTINUOUS DELIVERY OF ANTI-INFLAMMATORY COMPOUNDS TO TRANSPLANTED INSULIN-PRODUCING CELLS, REDUCING INFLAMMATION AND PROTECTING THESE CELLS FROM BEING ATTACKED BY THE IMMUNE SYSTEM. IN THE AREA OF DEVICES, DRIF-FUNDED RESEARCHERS ARE FOCUSED ON REFINING STRATEGIES FOR HIDING AND PROTECTING INSULIN-PRODUCING CELLS FROM THE ATTACK BY THE IMMUNE SYSTEM WITH THE USE OF ENCAPSULATION AND HOUSING DEVICES FOR CELLS. DRI RESEARCHERS ARE ADVANCING CONFORMAL COATING TECHNOLOGY COMBINED WITH THE CELL POUCH SYSTEM TO PROTECT ISLET CELLS. DRI RESEARCHERS ARE ALSO WORKING TO DEVELOP THE IMMUNOSUPPRESSION-FREE VASCULARIZED DEVICE FOR ISLET TRANSPLANTATION (VADIT), AN INNOVATIVE APPROACH THAT INTEGRATES A VASCULARIZED DEVICE WITH A TISSUE-BASED DRUG DELIVERY SYSTEM TO ENABLE ISLET TRANSPLANTATION WITHOUT THE NEED FOR LIFELONG IMMUNOSUPPRESSION. ADDITIONALLY, DRI SCIENTISTS ARE STUDYING PATENTED FASL TECHNOLOGY, COMBINING A SYNTHETIC FORM OF THE PROTEIN FASL WITH A SPECIAL MICROGEL TO SAFELY PROTECT TRANSPLANTED ISLETS AND INDUCE LOCAL IMMUNE TOLERANCE. ANOTHER MAJOR RESEARCH AREA THAT DRIF SUPPORTS IS THE DEVELOPMENT OF AN UNLIMITED SUPPLY OF INSULIN-PRODUCING CELLS. DRIF-FUNDED STUDIES HAVE LED TO SIGNIFICANT PROGRESS IN STIMULATING THE REGENERATION OF PANCREATIC STEM CELLS INTO INSULIN-PRODUCING CELLS USING A SINGLE FDA-APPROVED MOLECULE, BMP-7. THIS SIGNIFICANT FINDING OPENS THE DOOR TO A NATURAL CELL SUPPLY BANK WITHIN THE PATIENT'S BODY, ADDRESSING SEVERAL ONGOING CHALLENGES FOR CURING THE DISEASE. THE DRIF HAS FUNDED INTERNATIONAL RESEARCHER TRAINING AND KEY COLLABORATIVE PROGRAMS THAT HELP ACCELERATE RESEARCH PROGRESS THROUGH THE SHARING OF IDEAS AND ADVANCEMENTS. DRIF ALSO HOSTS AND PARTICIPATES IN A VARIETY OF INFORMATIONAL WORKSHOPS FOR PEOPLE WITH DIABETES AND THEIR FAMILIES FOCUSING ON THE LATEST ADVANCES TOWARD A CURE AND THE NEWEST DIABETES MANAGEMENT TECHNIQUES. THROUGH ITS WEBSITE DIABETESRESEARCH.ORG, THE DRIF PROVIDES 'NEWS YOU CAN USE RESEARCH UPDATES FOR THOSE LIVING WITH DIABETES AND THEIR FAMILY MEMBERS IN THE FORM OF E-NEWSLETTERS, VIDEOS, EMAIL ANNOUNCEMENTS AND INFORMATION VIA SOCIAL MEDIA.
    Expenses $7,081,720 · grants $7,081,720
  • COMMUNITY DIABETES EDUCATION. THE DIABETES RESEARCH INSTITUTE FOUNDATION PROVIDES INFORMATION TO THE PUBLIC VIA ITS WEBSITE, LITERATURE, SPEAKERS, CONFERENCES, PRINT INTERVIEWS AND TOLL FREE NUMBER 800-321-3437. THE PUBLIC GAINS KNOWLEDGE ABOUT DIABETES, DIABETES CARE, NUTRITION AND RESEARCH TOWARD FINDING A CURE FOR DIABETES.
    Expenses $1,322,766

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-1361955
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,581,774
Income (IRS master file)
$18,188,764

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,393,437$13,113,198$26,581,774IRS
990June 2024$9,491,932$14,123,317$26,391,689IRS
990June 2023$7,129,662$11,554,214$28,164,828XML
990June 2022$11,474,074$11,938,552$32,244,637IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1361955).

Questions about DIABETES RESEARCH INSTITUTE FOUNDATION INC

What is the EIN of DIABETES RESEARCH INSTITUTE FOUNDATION INC?
The employer identification number (EIN) of DIABETES RESEARCH INSTITUTE FOUNDATION INC is 59-1361955.
Is DIABETES RESEARCH INSTITUTE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to DIABETES RESEARCH INSTITUTE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIABETES RESEARCH INSTITUTE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DIABETES RESEARCH INSTITUTE FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DIABETES RESEARCH INSTITUTE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DIABETES RESEARCH INSTITUTE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names MICHAEL BURTON.
Who are the officers and directors of DIABETES RESEARCH INSTITUTE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 29 people; 7 received compensation from the organization, the highest $370,500 (MICHAEL BURTON, CHIEF EXECUTIVE OFFICER).
How much revenue does DIABETES RESEARCH INSTITUTE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,393,437, expenses of $13,113,198 and total assets of $26,581,774 at year end.

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