Stichting Tuberculosis Vaccine Initiative
Public records raise at least one point you should look into before giving.
What it says it does
To support integrate translate and prioritise R&D efforts to discover and develop new tuberculosis vaccines that are accessible and affordable for all.
- Income
- $1.1 million
- Spending
- $1.1 million
- Spent on programs
- 85%
- Reserves
- 1.8 months of spending
- Largest source of income
- government grants, 76%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $149,724, dir finance and adminsitration
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 54 out of 100. Higher than 14% of charities in its peer group (medical research, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.8 months of spending.
Debt
2 of 20It owes 95% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 23% of charities in its peer group (medical research, $1m to $10m).
Independent board
25 of 257 of 7 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
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
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 December 31, 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 (3)
- $685,476 spent. TBVI mobilises resources and identifies develops and manages projects for TB vaccine R&D with a particular focus on discovery preclinical and early clinical activities. In addition it supports projects for the discovery optimisation and validation of biomarkers. TBVI works with governments foundations and the private sector to increase public funding as well as private sector investment opportunities for R&D of new vaccines.
- $123,739 spent. TBVI brings together the efforts of leading universities government institutes biotech and vaccine companies through TB vaccine and biomarker discovery and development projects. TBVI creates an enabling environment through its knowledge-sharing platform including meetings symposia and workshops and through joint collaborative research that stimulates knowledge exchange and creates synergies among R&D partners and other stakeholders in the field.
- $104,074 spent. TBVI supports translation from ideas to tangible products through the advisory services of its Product & Clinical Development Team P&CDT. This team of independent vaccine R&D experts supports TBVIs R&D partners in moving their candidates from discovery to early clinical development. In its strategy TBVI considers the need to: discover and develop safe and effective vaccines for all; prevent infection and transmission of disease; build on the R&D comparative advantage of the TBVI consortium members; make the best use of limited resources and mobilise additional funding.
Source: Form 990 for the year ending December 31, 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 September 7, 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 September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(3) charitable organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.