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Nonprofit · EIN 59-3471957

FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC

Also known as FFAME

Tax-exempt · ALACHUA, FL 32615

Financials

$3.8M$3.8M2023$4.8M$3.8M2024$3.6M$3.3M2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,638,850$3,252,742$386,108$2,727,025$416,428$2,310,597
December 31, 2024990$4,755,532$3,833,761$921,771$2,672,498$62,926$2,609,572
December 31, 2023990$3,775,413$3,802,734-$27,321$2,393,386$311,885$2,081,501
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,733,939
of which government grants
$1,664,278
Program service revenue
$0
Investment income
$904,814
Net gain from sales of assets
$830,543
Other revenue
$97

Expenses

Grants and similar amounts paid
$32,329
Compensation of officers, directors and key employees
$190,996
Other salaries and wages
$1,677,896
Salaries, compensation and benefits (total)
$2,131,843
Professional fundraising fees
$0
Legal fees
$5,885
Accounting fees
$84,079
Occupancy
$283,291
Travel
$32,108
Depreciation
$83,522
Program services (functional)
$2,492,480
Management and general (functional)
$760,262

Balance sheet and other

Total assets, start of year
$2,672,498
Total assets, end of year
$2,727,025
Total liabilities, end of year
$416,428
Net assets, end of year
$2,310,597
Land, buildings and equipment
$149,311
Publicly traded securities
$1,957,210
Net assets without donor restrictions
$2,310,597
Gross receipts
$4,128,654
Employees
36
Volunteers
6
Year formed
1997
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN BENNERBOARD CHAIR & CEO
Trustee or director, Officer
32$150,000$30,000$720
NIGEL RICHARDSDIRECTOR
Trustee or director
1$38,275$0$0
ANDREW ELLINGTONDIRECTOR
Trustee or director
1$1,000$0$0
ERIC GAUCHERDIRECTOR
Trustee or director
1$1,000$0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN BENNERBOARD CHAIR & CEO
Trustee or director, Officer
30$157,050$22,950$720
ELISA BLONDIPRINCIPAL INVESTIGATOR
Highest-paid employee
40$109,050$0$8,802
NIGEL RICHARDSDIRECTOR
Trustee or director
1$37,375$0$0
ANDREW ELLINGTONDIRECTOR
Trustee or director
1$1,000$0$0
ERIC GAUCHERDIRECTOR
Trustee or director
1$1,000$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN BENNERBOARD CHAIR & CEO
Trustee or director, Officer
30$180,000$30,000$720
NIGEL RICHARDSDIRECTOR
Trustee or director
1$1,000$0$0
ANDREW ELLINGTONDIRECTOR
Trustee or director
1$1,000$0$0
ERIC GAUCHERDIRECTOR
Trustee or director
1$1,000$0$0

Address and contacts

Address (IRS master file)
13709 PROGRESS BLVD STE 7, ALACHUA, FL 32615-9495
Principal officer (990 for 2025)
STEVEN BENNER, 13709 PROGRESS BLVD 7, ALACHUA, FL 326159495
Signed the 990
STEVEN BENNER, BOARD CHAIRMAN & CEO
Phone
(386) 418-8085
Return prepared by
JAMES MOORE & CO PL

Mission

THE FOUNDATION PROVIDES AN INNOVATIVE ENVIRONMENT TO HOST THE SCIENTIFIC AND TECHNOLOGICAL RESEARCH OF A SMALL GROUP OF SELECTED MOLECULAR AND LIFE SCIENTISTS TO MEET OPPORTUNITIES IN COMMERCE AND MEDICINE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION HAS CONDUCTED A NUMBER OF RESEARCH PROJECTS.1R01AI135146-01A1 DIAGNOSTICS AND SURVEILLANCE FOR LOW-RESOURCE ENVIRONMENTS. THE AIMS OF THIS PROJECT ARE TO EXPLORE AND DEVELOP FASTER AND LESS EXPENSIVE DIAGNOSTICS TOOLS AND TO INCREASE THE ROBUSTNESS OF MULTIPLEX PATHOGEN DETECTION PRODUCTS.1R61CA291117-01 EVOLVED MOLECULES THAT DESTROY CANCER RELEVANT PROTEINS. THE TECHNOLOGY TO BE DEVELOPED HERE WILL CREATE A NEW CAPABILITY, REAGENTS THAT NOT ONLY BIND A TARGET PROTEIN, BUT ALSO CLEAVE IT, TO BE AVAILABLE FROM SUPPLIERS IN WEEKS (NOT MONTHS) AT 10-100 FOLD LOWER COST THAN ANTIBODIES.
    Expenses $2,492,480 · grants $32,329 · revenue $97

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-3471957
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B820)
Assets (IRS master file)
$2,727,025
Income (IRS master file)
$4,128,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,638,850$3,252,742$2,727,025XML
990December 2024$4,755,532$3,833,761$2,672,498XML
990December 2023$3,775,413$3,802,734$2,393,386XML
990December 2022$3,458,871$3,156,139$3,051,095IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 59-3471957).

Questions about FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC

What is the EIN of FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC?
The employer identification number (EIN) of FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC is 59-3471957.
Is FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR APPLIED MOLECULAR EVOLUTION 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 FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC?
The 990 for the year ended December 31, 2025 names STEVEN BENNER.
Who are the officers and directors of FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC?
The 990 for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $150,000 (STEVEN BENNER, BOARD CHAIR & CEO).
How much revenue does FOUNDATION FOR APPLIED MOLECULAR EVOLUTION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,638,850, expenses of $3,252,742 and total assets of $2,727,025 at year end.

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