The Buck Institute for Research on Aging is an independent biomedical research institute that researches aging and age-related disease . The mission of the Buck Institute is to extend the healthy years of life. The Buck Institute is one of nine centers for aging research of the Glenn Foundation for Medical Research.
63-599: The institute, a nonprofit organization located in Novato, California , began its research program in 1999, making it the world's first institute founded primarily to study intervention into the aging process. It is named for Marin County philanthropists Leonard and Beryl Hamilton Buck, whose estate funded the endowment that helped establish the institute, and the Buck Trust currently contributes approximately $ 6 million annually to support
126-457: A nonbusiness entity , nonprofit institution , or simply a nonprofit , is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on
189-505: A startup , called Unity Biotechnology First Company, aimed at developing medicines to treat age-related diseases and boost healthy lifespans. One drug developed at the institute, rapamycin , is being researched by Mount Tam Biotechnologies, a private company named for Mount Tamalpais , the highest peak in Marin County , with the institute owning significant legal rights to the drug. The founding president and CEO, Dale Bredesen, now heads
252-471: A 12-year dispute with local animal activists, the institute agreed to limit research to animals no higher than rats and mice; many laboratories use no animals at all. As of 2013, about half of the institute's support came from peer-reviewed grants from the National Institutes of Health and other federal agencies. Foundations and private donors contributed another 35% of the funding. An endowment from
315-405: A cost-efficient alternative to keeping cells in culture constantly. Cell banks are commonly used within fields including stem cell research and pharmaceuticals, with cryopreservation being the traditional method of keeping cellular material intact. Cell banks also effectively reduce the frequency of a cell sample diversifying from natural cell divisions over time. When referring to cell banks as
378-424: A delegate structure to allow for the representation of groups or corporations as members. Alternatively, it may be a non-membership organization and the board of directors may elect its own successors. The two major types of nonprofit organization are membership and board-only. A membership organization elects the board and has regular meetings and the power to amend the bylaws. A board-only organization typically has
441-554: A fiscally viable entity. Nonprofits have the responsibility of focusing on being professional and financially responsible, replacing self-interest and profit motive with mission motive. Though nonprofits are managed differently from for-profit businesses, they have felt pressure to be more businesslike. To combat private and public business growth in the public service industry, nonprofits have modeled their business management and mission, shifting their reason of existing to establish sustainability and growth. Setting effective missions
504-471: A low-stress work environment that the employee can associate him or herself positively with. Other incentives that should be implemented are generous vacation allowances or flexible work hours. When selecting a domain name , NPOs often use one of the following: .org , the country code top-level domain of their respective country, or the .edu top-level domain (TLD), to differentiate themselves from more commercial entities, which typically use .com . In
567-457: A nonprofit entity without having tax-exempt status. Key aspects of nonprofits are accountability, integrity, trustworthiness, honesty, and openness to every person who has invested time, money, and faith into the organisation. Nonprofit organizations are accountable to the donors, founders, volunteers, program recipients, and the public community. Theoretically, for a nonprofit that seeks to finance its operations through donations, public confidence
630-420: A product or medicinal needs, but can also describe the entity of stored cells itself. Cell banks often contain expansive amounts of base cell material that can be utilized for various projects. Cell banks can be used to generate detailed characterizations of cell lines and can also help mitigate cross-contamination of a cell line . Utilizing cell banks also reduces the cost of cell culture processes, providing
693-458: A resource in fields like biopharmaceutical manufacturing, four different types can be distinguished: While research and development cell banks (R&D CBs) are, as the name already suggests, used for research purposes, they also function as platforms for so-called master cell banks (MCBs). With a sufficient number of validated cells, they are the starting point in the biopharmaceutical production process of cell-based products. The production itself
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#1732855579280756-684: A self-selected board and a membership whose powers are limited to those delegated to it by the board. A board-only organization's bylaws may even state that the organization does not have any membership, although the organization's literature may refer to its donors or service recipients as 'members'; examples of such organizations are FairVote and the National Organization for the Reform of Marijuana Laws . The Model Nonprofit Corporation Act imposes many complexities and requirements on membership decision-making. Accordingly, many organizations, such as
819-406: A small density of the cells of interest in a solution of cryopreservation agents in a cryovial and freezing the cells to a temperature of -196 degrees Celsius. A slow freezing rate is important to maintaining the health of the cell culture. Freezing the cells at a rate of -1 to -3 degrees Celsius per minute is generally acceptable in maintaining cell culture health. Freezing too quickly risks damaging
882-471: A strong vision of how to operate the project, try to retain control of the organization, even as new employees or volunteers want to expand the project's scope or change policy. Resource mismanagement is a particular problem with NPOs because the employees are not accountable to anyone who has a direct stake in the organization. For example, an employee may start a new program without disclosing its complete liabilities. The employee may be rewarded for improving
945-492: A temperature of -196 degrees Celsius is reached. At a temperature of -196 degrees Celsius, metabolic processes within the cells are significantly slowed to stop all cell growth, thus preserving the cell line, which is especially useful when the cell line has a limited number of cell divisions. Cells can be stored for an extended amount of time in this state, reducing the rate of degradation of cellular material. The general freezing process for mammalian cells involves suspending
1008-578: A wide diversity of structures and purposes. For legal classification, there are, nevertheless, some elements of importance: Some of the above must be (in most jurisdictions in the US at least) expressed in the organization's charter of establishment or constitution. Others may be provided by the supervising authority at each particular jurisdiction. While affiliations will not affect a legal status, they may be taken into consideration by legal proceedings as an indication of purpose. Most countries have laws that regulate
1071-399: Is a factor in the amount of money that a nonprofit organization is able to raise. Supposedly, the more a nonprofit focuses on their mission, the more public confidence they will gain. This will result in more money for the organization. The activities a nonprofit is partaking in can help build the public's confidence in nonprofits, as well as how ethical the standards and practices are. There
1134-461: Is a key for the successful management of nonprofit organizations. There are three important conditions for effective mission: opportunity, competence, and commitment. One way of managing the sustainability of nonprofit organizations is to establish strong relations with donor groups. This requires a donor marketing strategy, something many nonprofits lack. Nonprofit organizations provide public goods that are undersupplied by government. NPOs have
1197-439: Is an important distinction in the US between non-profit and not-for-profit organizations (NFPOs); while an NFPO does not profit its owners, and money goes into running the organization, it is not required to operate for the public good. An example is a club, whose purpose is its members' enjoyment. Other examples of NFPOs include: credit unions, sports clubs, and advocacy groups. Nonprofit organizations provide services to
1260-414: Is an important distinction in the US between non-profit and not-for-profit organizations (NFPOs); while an NFPO does not profit its owners, and money goes into running the organization, it is not required to operate for the public good. An example is a sports club, whose purpose is its members' enjoyment. The names used and precise regulations vary from one jurisdiction to another. According to
1323-541: Is concerned. In many countries, nonprofits may apply for tax-exempt status, so that the organization itself may be exempt from income tax and other taxes. In the United States, to be exempt from federal income taxes, the organization must meet the requirements set forth in the Internal Revenue Code (IRC). Granting nonprofit status is done by the state, while granting tax-exempt designation (such as IRC 501(c) )
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#17328555792801386-450: Is granted by the federal government via the IRS. This means that not all nonprofits are eligible to be tax-exempt. For example, employees of non-profit organizations pay taxes from their salaries, which they receive according to the laws of the country. NPOs use the model of a double bottom line in that furthering their cause is more important than making a profit, though both are needed to ensure
1449-408: Is not classifiable as another category. Currently, no restrictions are enforced on registration of .com or .org, so one can find organizations of all sorts in either of those domains, as well as other top-level domains including newer, more specific ones which may apply to particular sorts of organization including .museum for museums and .coop for cooperatives . Organizations might also register by
1512-411: Is on a 488- acre (1.97 km ; 0.76 sq mi ) site located in the foothills of Mount Burdell , north of Novato, California. Of this, a 238-acre (0.96 km; 0.37 sq mi) portion is dedicated to permanent agricultural use; another 70-acre (0.28 km; 0.11 sq mi) portion is open public space. I. M. Pei , who responded in 1989 to a request to submit a proposal to design
1575-445: Is performed in working cell banks (WCBs), and once the production process has been completed, an end-of-production cell bank (EoPCB) is established as a reference as well as for quality control. Before putting the donated cell lines into storage, they are first proliferated and multiplied into a large number of identical cells before being stored in a number of cryovials . Along with the cells, cryoprotection agents are also added to
1638-411: Is the remuneration package, though many who have been questioned after leaving an NPO have reported that it was stressful work environments and the workload. Public- and private-sector employment have, for the most part, been able to offer more to their employees than most nonprofit agencies throughout history. Either in the form of higher wages, more comprehensive benefit packages, or less tedious work,
1701-548: Is to be distributed among three Marin County organizations: In 2016, the institute began talks with the Gladstone Institutes , a San Francisco-based foundation, regarding a possible research alliance or merger. That discussion ended in October 2016. In December 2022, the institute hosted The Longevity Summit, a two-day conference on ageing, the emerging new biotech companies in the field, and their innovations. The institute
1764-472: Is unique in which source of income works best for them. With an increase in NPOs since 2010, organizations have adopted competitive advantages to create revenue for themselves to remain financially stable. Donations from private individuals or organizations can change each year and government grants have diminished. With changes in funding from year to year, many nonprofit organizations have been moving toward increasing
1827-715: The National Center for Charitable Statistics (NCCS), there are more than 1.5 million nonprofit organizations registered in the United States , including public charities , private foundations , and other nonprofit organizations. Private charitable contributions increased for the fourth consecutive year in 2017 (since 2014), at an estimated $ 410.02 billion. Out of these contributions, religious organizations received 30.9%, education organizations received 14.3%, and human services organizations received 12.1%. Between September 2010 and September 2014, approximately 25.3% of Americans over
1890-587: The Wikimedia Foundation , have formed board-only structures. The National Association of Parliamentarians has generated concerns about the implications of this trend for the future of openness, accountability, and understanding of public concerns in nonprofit organizations. Specifically, they note that nonprofit organizations, unlike business corporations, are not subject to market discipline for products and shareholder discipline of their capital; therefore, without membership control of major decisions such as
1953-526: The Buck Trust Fund provided approximately 15% of the annual budget. Grant revenue in 2015 was $ 17.4 million, compared to more than $ 28 million in 2011. In 2015, California researchers opened the world's largest publicly available stem cell bank , with samples stored at the Buck Institute. The initial bank had 300 stem cell lines , with an ultimate goal of 9,000 lines. In 2016, the institute launched
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2016-587: The International Society for Biological and Environmental Repositories. In January 2003, the UK Stem Cell Bank was established to serve as a central unit for specimen collection and human testing. The National Stem Cell Bank was established in October 2005 in Madison, Wisconsin in order to serve as a repository specifically for stem cell lines. It currently hosts 13 of the 21 stem cell lines that exist in
2079-452: The NPO's reputation, making other employees happy, and attracting new donors. Liabilities promised on the full faith and credit of the organization but not recorded anywhere constitute accounting fraud . But even indirect liabilities negatively affect the financial sustainability of the NPO, and the NPO will have financial problems unless strict controls are instated. Some commenters have argued that
2142-623: The San Francisco Foundation to use the cy pres doctrine to spend outside of Marin County resulted in litigation which the SF Foundation lost. As part of a 1986 court settlement, the Marin Community Foundation was established to administer the trust, valued in 2013 at approximately $ 1 billion. The settlement required that 80% of the trust's annual earnings be distributed to causes specific to Marin County. The remaining 20%
2205-730: The administrative and research buildings. The second of four research buildings approved in the master plan was completed in 2012. As of 2016, the institute had more than $ 80 million in bond debt from building its Novato headquarters in 1999 and completing its third building in 2012. It was leasing 27,000 sq ft of its campus to for-profit businesses, including BioMarin, Ultragenyx, Cellular Dynamics, An2H Discovery Limited, and Excel Venture Management. The Buck Institute's research program has ten focus areas related to geriatrics and longevity . The institute had about 250 staff members as of 2017. Buck Institute conducts its research programs through twenty laboratories that focus on specific subjects. After
2268-461: The age of 16 volunteered for a nonprofit. In the United States, both nonprofit organizations and not-for-profit organizations are tax-exempt. There are various types of nonprofit exemptions, such as 501(c)(3) organizations that are a religious, charitable, or educational-based organization that does not influence state and federal legislation, and 501(c)(7) organizations that are for pleasure, recreation, or another nonprofit purpose. There
2331-649: The appropriate country code top-level domain for their country. In 2020, nonprofit organizations began using microvlogging (brief videos with short text formats) on TikTok to reach Gen Z, engage with community stakeholders, and overall build community. TikTok allowed for innovative engagement between nonprofit organizations and younger generations. During COVID-19, TikTok was specifically used to connect rather than inform or fundraise, as its fast-paced, tailored For You Page separates itself from other social media apps such as Facebook and Twitter. Some organizations offer new, positive-sounding alternative terminology to describe
2394-401: The best of the newly minted workforce. It has been mentioned that most nonprofits will never be able to match the pay of the private sector and therefore should focus their attention on benefits packages, incentives and implementing pleasurable work environments. A good environment is ranked higher than salary and pressure of work. NPOs are encouraged to pay as much as they are able and offer
2457-448: The cells from the rupturing caused by ice crystals during freezing and during thawing. DMSO has been observed to be toxic to cells, and requires dilution after the cells are thawed. Rapid thaws are recommend in bringing the cells out of cryopreservation and starting up their normal metabolic processes. Minimizing the exposure of the cryovial and its contents to room, or ambient temperatures is important. Rapid thaws are important to prevent
2520-440: The cells. At a freezing rate of -5 degrees Celsius per minute, significant decreases of the thawed cell culture is observed. Even more pronounced decreases in cell culture health is observed at faster freezing rates, to the point that the cell culture cannot maintain a cell density. The use of cryopreservation agents is also key to the freezing process. A common cryoprotection agent used is 10% solution of DMSO, which acts to protect
2583-565: The community; for example aid and development programs, medical research, education, and health services. It is possible for a nonprofit to be both member-serving and community-serving. Nonprofit organizations are not driven by generating profit, but they must bring in enough income to pursue their social goals. Nonprofits are able to raise money in different ways. This includes income from donations from individual donors or foundations; sponsorship from corporations; government funding; programs, services or merchandise sales, and investments. Each NPO
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2646-403: The contents of the vial from melting and refreezing rapidly, which could cause ice crystals to form rupture the cells in the vial. Thaws can be performed in a few minutes within a water bath at a temperature around 37 °C. Experimentation has shown that a slower thaw in a controlled environment such as an incubator also can be used to safely thaw cryofrozen cells. Thawing in an incubator avoids
2709-402: The diversity of their funding sources. For example, many nonprofits that have relied on government grants have started fundraising efforts to appeal to individual donors. Most nonprofits have staff that work for the company, possibly using volunteers to perform the nonprofit's services under the direction of the paid staff. Nonprofits must be careful to balance the salaries paid to staff against
2772-432: The election of the board, there are few inherent safeguards against abuse. A rebuttal to this might be that as nonprofit organizations grow and seek larger donations, the degree of scrutiny increases, including expectations of audited financial statements. A further rebuttal might be that NPOs are constrained, by their choice of legal structure, from financial benefit as far as distribution of profit to members and directors
2835-475: The establishment and management of NPOs and that require compliance with corporate governance regimes. Most larger organizations are required to publish their financial reports detailing their income and expenditure publicly. In many aspects, they are similar to corporate business entities though there are often significant differences. Both not-for-profit and for-profit corporate entities must have board members, steering-committee members, or trustees who owe
2898-470: The institute's work. The campus of the Buck Institute was designed by architect I. M. Pei . In May 2007, the institute established a cooperative agreement with the University of California 's Davis and Merced campuses to coordinate stem-cell research. The Buck Foundation Trust was created by Beryl Hamilton Buck after the death in 1953 of her husband, pathologist Leonard W. Buck. Leonard's father, Frank Buck,
2961-486: The lab focused on Alzheimer's disease research. In July 2010 he was succeeded by Brian K. Kennedy , who resigned in October 2016. The institute's current president and CEO, Eric M. Verdin , was appointed in November 2016. 38°08′02″N 122°34′14″W / 38.133939°N 122.570432°W / 38.133939; -122.570432 Nonprofit organization A nonprofit organization ( NPO ), also known as
3024-432: The local laws, charities are regularly organized as non-profits. A host of organizations may be nonprofit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt , and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as
3087-511: The money paid to provide services to the nonprofit's beneficiaries. Organizations whose salary expenses are too high relative to their program expenses may face regulatory scrutiny. A second misconception is that nonprofit organizations may not make a profit. Although the goal of nonprofits is not specifically to maximize profits, they still have to operate as a fiscally responsible business. They must manage their income (both grants and donations and income from services) and expenses so as to remain
3150-445: The nonprofit sector today regarding newly graduated workers, and to some, NPOs have for too long relegated hiring to a secondary priority, which could be why they find themselves in the position many do. While many established NPOs are well-funded and comparative to their public sector competitors, many more are independent and must be creative with which incentives they use to attract and maintain people. The initial interest for many
3213-411: The organization a fiduciary duty of loyalty and trust. A notable exception to this involves churches , which are often not required to disclose finances to anyone, including church members. In the United States, nonprofit organizations are formed by filing bylaws, articles of incorporation , or both in the state in which they expect to operate. The act of incorporation creates a legal entity enabling
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#17328555792803276-452: The organization to be treated as a distinct body (corporation) by law and to enter into business dealings, form contracts, and own property as individuals or for-profit corporations can. Nonprofits can have members, but many do not. The nonprofit may also be a trust or association of members. The organization may be controlled by its members who elect the board of directors , board of governors or board of trustees . A nonprofit may have
3339-508: The organization's sustainability. An advantage of nonprofits registered in the UK is that they benefit from some reliefs and exemptions. Charities and nonprofits are exempt from Corporation Tax as well as the trustees being exempt from Income Tax. There may also be tax relief available for charitable giving, via Gift Aid, monetary donations, and legacies. Founder's syndrome is an issue organizations experience as they expand. Dynamic founders, who have
3402-550: The public and private sectors have enjoyed an advantage over NPOs in attracting employees. Traditionally, the NPO has attracted mission-driven individuals who want to assist their chosen cause. Compounding the issue is that some NPOs do not operate in a manner similar to most businesses, or only seasonally. This leads many young and driven employees to forego NPOs in favor of more stable employment. Today, however, nonprofit organizations are adopting methods used by their competitors and finding new means to retain their employees and attract
3465-483: The receipt of significant funding from large for-profit corporations can ultimately alter the NPO's functions. A frequent measure of an NPO's efficiency is its expense ratio (i.e. expenditures on things other than its programs, divided by its total expenditures). Competition for employees with the public and private sector is another problem that nonprofit organizations inevitably face, particularly for management positions. There are reports of major talent shortages in
3528-501: The research facility, was selected as the architect for the institute's facility. Pei's master plan called for 355,000 square feet (33,000 m) of laboratory and facility space. The multi-stage plan calls for five interlocking buildings (four laboratory buildings and a support building) around a one-acre hexagonal courtyard, designed to provide a green oasis for quiet contemplation and outdoor activities. Pei used varied geometric elements and floating staircases, which appear throughout both
3591-513: The risk of contamination involved in thawing in a water bath, however takes a significantly longer amount of time and resources. Post thaw, the cells need to be transferred from the cryovial into another vessel and resuspended in media. By diluting the concentration of the cryoprotection agent present, negative effects such as toxicity from the cryoprotection agents on metabolically active cells can be mitigated. Originally, scientists kept collections of cellular material for their own use, but not for
3654-495: The scientific community at large. The first person accredited with making a cell bank for widespread use was Kral, a Czechoslovakian scientist who created his cell bank collection in the late 1890s. Currently, there are a large number of "culture collections and bioresource centers" that serve an individual part of the process of bioengineering . Some examples of these include the World Federation for Culture Collections and
3717-413: The sector in its own terms, without relying on terminology used for the government or business sectors. However, use of terminology by a nonprofit of self-descriptive language that is not legally compliant risks confusing the public about nonprofit abilities, capabilities, and limitations. Cell bank A cell bank is a facility that stores cells of specific genome for the purpose of future use in
3780-558: The sector. The term civil society organization (CSO) has been used by a growing number of organizations, including the Center for the Study of Global Governance . The term citizen sector organization (CSO) has also been advocated to describe the sector – as one of citizens, for citizens – by organizations including Ashoka: Innovators for the Public . Advocates argue that these terms describe
3843-486: The traditional domain noted in RFC 1591 , .org is for "organizations that didn't fit anywhere else" in the naming system, which implies that it is the proper category for non-commercial organizations if they are not governmental, educational, or one of the other types with a specific TLD. It is not designated specifically for charitable organizations or any specific organizational or tax-law status, but encompasses anything that
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#17328555792803906-411: The vials to protect the cells from rupturing from ice crystals during the freezing process. 10% DMSO solution is a common cryoprotection agent. These cryovials are then placed into a tray, labeled with the cell line's genetic data, and placed into cryogenic freezers. The freezers contain nitrogen in either liquid or vapor form, and the cells are frozen at a rate of -1 to -3 degrees Celsius per minute until
3969-533: Was one of the founders of Belridge Oil . When Beryl Buck died in 1975, the bulk of the estate became part of the San Francisco Foundation , about $ 7.6 million dedicated to "charitable purposes in Marin County" including, "extending help to the problems of aging." The Belridge Oil stock in the trust was bought in 1979 by Shell Oil for $ 253 million, increasing the trust's value substantially. Attempts by
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