The Lowy Medical Research Institute Limited
About
The Lowy Medical Research Institute (LMRI) is an Australian non-profit medical research organization, founded by the Lowy family. It is singularly dedicated to understanding the causes and developing effective treatments for Macular Telangiectasia Type 2 (MacTel), a rare degenerative retinal disease that leads to progressive central vision loss.
Tips for Applicants
LMRI does not appear to have open, competitive grant programs. Researchers seeking funding for MacTel-related research should explore direct collaboration opportunities or inquire about their specific research initiatives.
Giving Philosophy
LMRI's approach to philanthropy is highly targeted and hands-on, focusing on funding and conducting scientific research projects. They foster collaborations with leading international scientists and institutions worldwide, directly supporting research initiatives and clinical trials that advance the understanding and potential treatments for MacTel, rather than operating broad, open grant programs.
ACNC Financial History
| Year | Grants Given | Revenue | Total Assets | Net Assets |
|---|---|---|---|---|
| FY2023 | $2.6M $345K AU + $2.3M intl | $743K | $18.1M | $9.3M |
| FY2022 | $325K Unknown AU + $325K intl | $467K | $37.6M | $29.2M |
| FY2021 | $480K Unknown AU + $480K intl | $48.2M | $44.3M | $36.7M |
| FY2020 | $5.1M Unknown AU + $5.1M intl | $20.0M | $8.3M | $8K |
| FY2019 | — | $12.5M | $3.8M | $-3,248,452 |
| FY2018 | — | $10.7M | $4.2M | $-1,072,741 |
| FY2017 | — | $10.0M | $3.9M | $606K |
| 7yr total | $8.5M | Source: ACNC Annual Information Statements | ||