Cedars Sinai Intellectual Property Company
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CEDARS SINAI INTELLECTUAL PROPERTY COMPANY ("CSIP") IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. CSIP'S SPECIFIC PURPOSE IS TO SUPPORT AND BENEFIT CEDARS-SINAI MEDICAL CENTER ("CSMC") THROUGH(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)THE MANAGEMENT AND LICENSING OF INTELLECTUAL PROPERTY ASSETS DERIVED FROM CSMC'S RESEARCH ACTIVITIES INCLUDING DEVELOPMENT OF EARLY-STAGE COMPANIES THAT LICENSE AND DEVELOP CSMC INTELLECTUAL PROPERTY.
- Income
- $9.4 million
- Spending
- $8.6 million
- Spent on programs
- 98%
- Reserves
- Over 10 years of spending
- Largest source of income
- other income, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $3.9 million, director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 65% of charities in its peer group (medical research, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1598% of spending went to programs.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 60 out of 100. Higher than 12% of charities in its peer group (medical research, $1m to $10m).
Independent board
5 of 250 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $8.4 million spent. CSIP IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CSIP'S PROGRAM SERVICES INCLUDE THE FOLLOWING ACTIVITIES:1) EDUCATE THE FACULTY AND RESEARCH STAFF AT CSMC ABOUT THE BASIC PRINCIPLES OF INTELLECTUAL PROPERTY PROTECTION;2) CAPTURE NEW TECHNOLOGIES AND DISCOVERIES MADE AT CSMC, AND SECURE THE APPROPRIATE INTELLECTUAL PROPERTY PROTECTION FOR THE TECHNOLOGIES AND DISCOVERIES;(CONTINUED ON SCHEDULE O)(CONTINUED)3) EVALUATE THE POTENTIAL OF THE TECHNOLOGIES AND DISCOVERIES FOR FURTHER DEVELOPMENT INTO PRODUCTS AND SERVICES THAT COULD HAVE A POSITIVE IMPACT ON ILLNESS OR DISEASE, UNMET HEALTH NEEDS, OR HEALTH CARE DELIVERY;4) SUPPORT FURTHER DEVELOPMENT OF THE TECHNOLOGY TO CREATE THE POTENTIAL FOR IT TO BECOME A PRODUCT OR SERVICE BENEFITING THE COMMUNITY AS A WHOLE; 5) DEVELOP AND MAINTAIN A NETWORK OF RESEARCHERS AND TECHNOLOGY PROFESSIONALS IN ACADEMIC INSTITUTIONS AND INDUSTRY THAT CAN COLLABORATE TO SUPPORT EARLY-STAGE DISCOVERIES MADE THROUGH CSMC BIOMEDICAL RESEARCH; 6) IDENTIFY COMMERCIAL PARTNERS TO LICENSE THE INTELLECTUAL PROPERTY OR SUPPORT THE DEVELOPMENT OF THE TECHNOLOGY BY NEW COMPANIES CREATED FOR THAT PURPOSE;7) ADVISE AND INVEST IN EARLY-STAGE COMPANIES THAT LICENSE THE INTELLECTUAL PROPERTY OR PARTNER WITH CSMC TO DEVELOP THE TECHNOLOGY; AND,8) MANAGE THE RELATIONSHIPS WITH LICENSEES, AND COMPANIES IN CSIP'S INVESTMENT PORTFOLIO.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.