Massachusetts Biotechnology Education Foundation Inc.

Transcription

1 Massachusetts Biotechnology Education Foundation Inc. General Information 3 Technology Square, Eighth Floor Cambridge, MA 2139 (617) Website Organization Contact Megan Schulz communications@massbioed.org Year of Incorporation 21 1

2 Statements & Search Criteria Mission Statement MassBioEd engages teachers, inspires students, and guides the life sciences workforce. Our BioTeach program supports Massachusetts teachers as they work to engage students through labcentered, inquiry-based learning. Our Job Trends initiative identifies workforce needs and illuminates the pathway from the classroom to careers in the life sciences. Background Statement MassBioEd Foundation was founded in 21 by the Massachusetts Biotechnology Council, an association of roughly 7 biotechnology-affiliated organizations. The purpose of creating this new entity was to promote biotechnology education at all levels of society within Massachusetts. A major focus of MassBioEd s work is in schools, colleges, and the workplace. Impact Statement Our flagship program, BioTeach, strives to deepen the ability of public high school teachers to more fully engage students through lab-centered, inquiry-based instructional techniques. BioTeach provides high school teachers lab equipment and teaching materials that are combined with intensive teacher professional development and on-site mentoring that incorporates innovative curriculum. Through BioTeach and its associated programs, such as company-hosted Career Exploration Days for students, MassBioEd provides training and mentorship to more than 15 teachers and authentic lab experiences to an additional 1,4 students each year! MassBioEd is also a leading provider of life sciences job trend analysis. Our goal is to provide an understanding of the industry's workforce needs and the skills an dcore competencies required to fill high trending jobs. Our goal is to demystify the pathway from the classroom to careers in the life sciences. Needs Statement Top 5 pressing needs: #1 Appropriate funding to link grants to schools for biotechnology equipment and teacher professional development. Approximately 5% of Massachusetts high schools do not have the means to conduct biotechnology labs. #2 Appropriate employment gap analysis that could drive workforce development efforts #3 Adequate support from corporations to support community college interns #4 Collaborative efforts of workforce, economic development, education systems to respond to employment needs #5 Analysis of knowledge and skills needed to fill employment gaps CEO/Executive Director Statement MassBioEd Foundation is uniquely positioned to play a leadership role in advocating and initiating programs that will increase the number of students interested and capable of pursuing science careers. The Foundation s relationship with MassBio, the states leading business association for life science companies, provides access to resources and knowledge critical to guiding academic institutions curricula and experiential learning programs. Service Categories Secondary & High Schools Biological, Life Science Research General Science 2

3 Geographic Areas Served Please review online profile for full list of selected areas served. 3

4 Programs BioTeach Description BioTeach is the flagship program of MassBioEd Foundation. It is an ambitious multi-year science education program designed to support biotechnology instruction and career awareness activities. The program provides students with the opportunity to experience science in the making by supporting schools with research equipment, teacher professional development, and a connection with a professional network of scientists. The goal of the program is to enable every public high school in Massachusetts to teach biotechnology and engage high school students with hands-on lab experiences that inspire scientific curiosity, understanding, and for some, a career in the life sciences. Budget 4 Category Population Served Program Short Term Success Program Long term Success Education, General/Other Educational Programs K-12 (5-19 years), College Aged (18-26 years), Adults The BioTeach Program helps science teachers substantially increase their knowledge of biotechnology content and instruction. Teachers gain invaluable skills in doing lab work, using the equipment, and interpreting the results, which in turn improves the quality of teaching and learning in their classrooms. BioTeach teachers report that the program has a clear impact on their students; it increases students' interest in and awareness of biotechnology and significantly improves their understanding of real world uses of science, among other benefits. Since the program was launched in 25, the BioTeach Program has raised and distributed over $6,, in equipment, supplies, and services to support secondary science education in Massachusetts. From 25 to 213, BioTeach has worked with 185 public high schools across the state, training more than 6 science teachers and touching over 3, students. Program Success Monitored By Examples of Program Success In 211, the Governor's Science, Technology, Engineering, and Math (STEM) Advisory Council recognized BioTeach as one of the six STEM education initiatives in is a strategic initiative to focus public and private resources in support of an integrated portfolio of education enhancement projects aligned to achieve the goals of the Commonwealth s STEM Plan. 4

5 Post-doctorate Industry Exploration Program Description The Industry Exploration Program (IEP) is a partnership between MassBioEd Foundation, Boston University School of Medicine, Brigham and Women s Hospital, Dana-Farber Cancer Institute, and Massachusetts General Hospital. The program was designed to strengthen ties between academia and industry, and raise the visibility of the vibrant biotech industry among earlystage academics. Its goal is to give postdoctoral fellows working in the Boston area the opportunity to explore careers outside of academia and to understand the kind of skills necessary to transition from academic science to the biotechnology sector. Budget 6 Category Population Served Program Short Term Success Program Long term Success Science & Technology, General/Other Biological & Life Sciences Adults, College Aged (18-26 years), By the end of 212, over 8 postdoctoral fellows experienced a day in the life at a biotech company. 78% of participants showed an increased interest in the companies they visited. Postdoctoral fellows and industry workers have established relationships that extend beyond the IEP. Participating companies have an increased visibility by word of mouth established from their involvement in the program. The IEP program is essential for the young scientific community in order to encourage this talented, skilled workforce to remain here in Massachusetts, especially since the percentage of recent doctorate holders hired into full-time positions has decreased significantly from 42% to 29% according to the National Science Foundation Division of Science Resource Statistics. Program Success Monitored By Examples of Program Success Eight participants have secured positions at local biotech companies through this program through June

6 Massachusetts Life Sciences Education Consortium Description MassBioEd Foundation is building bridges between life sciences companies and educational institutions to better prepare our current and future biotech and biopharma workforce. Since 21, the Foundation has led efforts to align community college programs with emerging industry needs. The goal of the Massachusetts Life Sciences Education Consortium (MLSEC) is to promote a coordinated approach to the development of the Massachusetts life sciences workforce by partnering the life sciences industry and higher education. The MLSEC's prime objectives are to: Validate, guide, and review the relevance of programs and curricula intended to prepare students for careers in the life sciences. Endorse higher education/industry talent development best practices or government programs aimed at supporting talent development. Advocate for initiatives that will enhance the ability of Massachusetts to meet the future employment needs of the industry. Connect the industry and higher education through an effective communications strategy. Budget 65 Category Education, General/Other Curriculum Development Population Served College Aged (18-26 years), Adults, Adolescents Only (13-19 years) Program Short Term Success The short-term success of this program is demonstrated by the changes with the community college s faculty and administration desire to be responsive to the life sciences sector's identified employment needs. The program created the first industry endorsement of community colleges based on core competencies developed by colleges and vetted by industry. This endorsement raised the profile of colleges and helped to educate industry about the ability of community college graduates. Other short-term success will be further analysis of the sectors employment demand with reporting to both the industry and the academic sectors. Following this report, efforts will be established to address Bachelor's Degree programs and how to enhance graduates preparation for sector jobs at this academic level. 6

7 Program Long term Success The long-term success of this program will be to create a balance between the life sciences workforce demand and the state s ability to supply workers to meet that demand. To accomplish this goal, there needs to be ongoing work to assess the life sciences workforce trends both in number of jobs and knowledge and skills necessary to successfully fill jobs. Once this information is obtained, there needs to be deep and meaningful communication with leaders in academia to structure educational programs to align with this sector s needs. Tracking can be accomplished from the industry side by analyzing the number of job postings and the length of time these openings exist. It is also possible to gather information from colleges about placement rates for certain programs focused on life sciences. Program Success Monitored By Examples of Program Success One of the methods of measuring success of this program is to assess the support the program has received by The Boston Foundation, corporate supporters, and the Massachusetts Community College and Workforce Development Transformation Agenda (MCCWDTA). These organizations see the value of the work and we are encouraged by their financial and programmatic support. Another example of the program s success is the participation of college faculty in the monthly meetings to develop professional development workshops and provide peer support to enhance curricula to meet industry needs. Finally, there are indications that academic institutions are using workforce demand data and corporate designated knowledge and skills to develop curricula relevant to the life sciences sector. 7

8 Corporate Professional Development Description MassBioEd's Corporate Professional Development (CPD) is a revenue generating entity within the MassBioEd Foundation that provides professional development training and continuing education for employees of MassBio member companies. Courses are taught by industry experts, and offer a wide variety of technical training, skill building and general knowledge based courses. Revenues raised by the CPD cover overhead costs and fees to instructors, and help fund other MassBioEd Foundation projects. The CPD offers MassBio member, non-member and non-profit rates for participants. The creation of a non-profit rate has allowed us to reach disease foundations, advocacy groups, and others who might not otherwise be able to afford the courses. Budget 276 Category Population Served Program Short Term Success Education, General/Other Adult Education Adults, College Aged (18-26 years), Every CPD course is listed on the State s Workforce Training Express Fund website. This allows for the majority of MassBio member companies with 5 or fewer employees who complete the requisite paperwork to receive up to 5% reimbursement for the cost of training. In addition, Biotechnology Project Management is offered through the state's Direct Access program, which allows employees to attend the course at no cost and is primarily focused on companies with less than 1 employees. Program Long term Success Program Success Monitored By Since its founding, the CPD has trained over 2, employees, helping MassBio member companies meet their workforce training needs. For example, courses such as "Biotechnology Project Management" offer 21 Professional Development Units (PDUs) of continuing education from the Project Management Institute that allows Project Managers to keep their certifications current. Another example is "Biotech 11" that introduces non-scientists to the life sciences industry in a two-day intensive program that reviews biology concepts, DNA, Proteins and RNA. Day two encompasses drug development and clinical trials. Member companies send their new hires from marketing, legal, and finance to learn the about the players, the process, and the terminology. Evaluations are distributed, aggregated and analyzed following the end of each course. Data, including remarks and feedback are compiled on the course itself, as well as the instructor to assess any changes that are needed to be made in the upcoming course(s). 8

9 Examples of Program Success Since 211, the Business Development module explains the business side of science; how to go from the lab to an IPO. A number of postdoctoral students working in labs and looking to make the transition to industry have taken this course as a way to better understand the industry. Many of the start-up and smaller companies have taken this course valuation of their product. 9

10 Management CEO/Executive Director Executive Director Mr. Peter Abair Term Start July 215 Experience Peter Abair is Executive Director of the MassBioEd Foundation. He leads a committed group of educators and professionals committed to delivering best-in-class educational programs in biotechnology and guiding tomorrow s life sciences workforce. He is the past Director of Economic and Global Affairs at MassBio, where he provided consulting services to companies looking to locate to or grow in Massachusetts, managed MassBio's global partners programs, and led the development and publication of MassBio's annual economic analysis of the life sciences industry. Prior to joining MassBio, he served the Commonwealth of Massachusetts in several economic development functions including Director of the Massachusetts Department of Economic Development, Massachusetts Office of Business Development, and Associate Director of the Massachusetts Department of Housing and Community Development. He also served as Director for Government Affairs and Parent Information at the Massachusetts Executive Office of Education. He has served in the administrations of four governors and began his career on the Washington, D.C. staff of the late Congressman Silvio O. Conte. Peter holds a Bachelor of Arts degree in History and International Relations from Boston University and a Masters in Public Policy and Administration from the University of Massachusetts at Amherst. A native of Pittsfield, MA, he now resides with his family in Sudbury, where he serves on several local boards. Former CEOs Name Term Lance Hartford Oct 26 - Jan 215 Senior Staff Dr. Michelle Mischke Title Director of Biotechnology Education Programs 1

11 Experience/Biography Michelle joined the MassBioEd team in March 214 as the Director of Biotechnology Education Programs. She comes to the organization with extensive research, teaching, and administrative experience. She taught a range of undergraduate biology courses at MIT and was a course coordinator and content developer for 7.x, the first large online biology course offered by edx. While at MIT, she was involved in K-12 science outreach and education programs. Michelle holds a B.A. in both Biology and Chemistry from Colorado State University and a Ph.D. in Pharmacology from the University of Medicine and Dentistry of New Jersey. Prior to joining the Department of Biology at MIT, she worked as a postdoctoral fellow at Harvard University. Michelle joined MassBioEd to refocus on K-12 STEM education and to work with teachers to improve science literacy and encourage student interest in the life sciences and biotechnology. Staff Information Full Time Staff Part Time Staff Volunteers Contractors 5 2 Staff Demographics - Ethnicity African American/Black Asian American/Pacific Islander Caucasian 5 Hispanic/Latino Native American/American Indian Other Staff Demographics - Gender Male Female Unspecified 2 5 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Annually 11

12 Senior Management Formal Evaluation Frequency NonManagement Formal Evaluation Non Management Formal Evaluation Frequency Annually Annually Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Years Strategic Plan Considers Does your organization have a Business Continuity of Operations Plan? Management Succession Plan? Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Directors and Officers Insurance Policy Is your organization licensed by the Government? Permit? Under Development N/A No Under Development Under Development No No No Awards Awards Award/Recognition Organization recognition Massachusetts STEM Council

13 Board & Governance Board Chair Board Chair Ms. Renee Connolly Company Affiliation Head of Communications at MilliporeSigma Term Jan 216 to Dec 218 Board CoChair Board CoChair Mr. Christopher Murphy Company Affiliation Chief Manufacturing Officer at Brammer Bio Term Jan 217 to Dec 219 Board Members Name Affiliation Status Stacie Sawchak Aarestad Dr. Joan Abrams Partner at Edwards Wildman Palmer LLP Cambridge Rindge and Latin School Exofficio Voting Lauren Celano Propel Careers Voting William F. Ciambrone Renee Connolly Robert K. Coughlin Colleen DeSimone Senior Vice President of Technical Operations at Shire Human Genetic Therapies Vice President, US Communications at EMD Serono President and CEO of the Massachusetts Biotechnology Council Senior Director and Controller at Millennium Pharmaceuticals Voting Exofficio Voting Exofficio Debbie Durso-Bumpus Blueprint Medicines Voting Robert Gottlieb RMG Associates Voting Dr. John F. Hodgman Professor at Tufts Gordon Institute Voting Melissa Manganello Boston Medical Center Voting Christopher Murphy Brammer Bio Exofficio Dr. Sridaran Natesan Associate Vice-President at Sanofi-Aventis Voting Dr. David Reif AstraZeneca Voting Dr. Steven Richter President, CEO and Scientific Director at MicroTest Laboratories Voting Board Demographics - Ethnicity African American/Black 13

14 Asian American/Pacific Islander Caucasian 14 Hispanic/Latino Native American/American Indian 1 Other Board Demographics - Gender Male Female Unspecified 7 6 Board Information Board Term Lengths Board Term Limits Number of Full Board Meetings Annually Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions Constituency Includes Client Representation % 14

15 Financials Fiscal Year Fiscal Year Start Jan 1, 217 Fiscal Year End Dec 31, 217 Projected Revenue $1,346,211. Projected Expenses $1,342,727. Endowment? No Spending Policy N/A Credit Line? No Reserve Fund? Months Reserve Fund Covers Detailed Financials Revenue and Expenses Fiscal Year Total Revenue $1,339,98 $1,265,272 $1,359,924 Total Expenses $1,178,589 $1,32,521 $1,384,935 Revenue Sources Fiscal Year Foundation and Corporation Contributions Government Contributions $216,431 $117,399 $287,146 Federal State Local Unspecified $216,431 $117,399 $287,146 Individual Contributions $741,374 $751,86 $61,739 Indirect Public Support Earned Revenue $232,93 $214,7 $292,215 Investment Income, Net of Losses $4,67 $4,442 $4,316 Membership Dues Special Events $144,575 $177,555 $174,58 Revenue In-Kind Other

16 Expense Allocation Fiscal Year Program Expense $889,214 $927,857 $1,126,57 Administration Expense $272,257 $355,86 $236,182 Fundraising Expense $17,118 $18,84 $22,246 Payments to Affiliates Total Revenue/Total Expenses Program Expense/Total Expenses 75% 71% 81% Fundraising Expense/Contributed Revenue 2% 2% 2% Assets and Liabilities Fiscal Year Total Assets $1,688,228 $1,64,726 $1,64,585 Current Assets $1,68,541 $1,69,95 $1,552,218 Long-Term Liabilities $ $ $ Current Liabilities $165,951 $279,84 $26,45 Total Net Assets $1,522,277 $1,36,886 $1,398,135 Short Term Solvency Fiscal Year Current Ratio: Current Assets/Current Liabilities Long Term Solvency Fiscal Year Long-Term Liabilities/Total Assets % % % Top Funding Sources Fiscal Year Top Funding Source & Dollar Amount Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Capital Campaign Currently in a Capital Campaign? No Comments Foundation Staff Comments Financial summary data in the charts and graphs above are per the organization's IRS Form 99s. Contributions from foundations and corporations are listed under individuals when the breakout was not available. Created Copyright 217 The Boston Foundation 16