Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
REGENERATIVE BIOLOGICS INC
 
Number and street (or P.O. box number if mail is not delivered to street address)13400 PROGRESS BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALACHUA, FL32615
A Employer identification number

59-3280155
B Telephone number (see instructions)

(352) 248-2114
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$25,518,902J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 467,760 467,760 467,760
5a Gross rents............ 1,734 1,734 1,734
b Net rental income or (loss) 1,734
6a Net gain or (loss) from sale of assets not on line 10 36,623
b Gross sales price for all assets on line 6a 2,550,671
7 Capital gain net income (from Part IV, line 2)... 36,623
8 Net short-term capital gain......... 61,674
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,098,233 0 16,098,233
12 Total. Add lines 1 through 11........ 16,604,350 506,117 16,629,401
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 425,000 0 425,000 0
14 Other employee salaries and wages...... 2,965,237 0 1,460,193 1,505,044
15 Pension plans, employee benefits....... 901,761 0 467,836 433,925
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
12,864 0 12,864 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,675 0 15,675 0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
606,983 85,612 177,672 343,699
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
298,745 0 111,761 186,984
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
107,754 0 107,754
20 Occupancy.............. 613,704 0 175,645 438,059
21 Travel, conferences, and meetings....... 201,607 0 112,953 88,654
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,619,241 0 547,767 8,071,474
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,768,571 85,612 3,615,120 11,067,839
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 14,768,571 85,612 3,615,120 11,067,839
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,835,779
b Net investment income (if negative, enter -0-) 420,505
c Adjusted net income (if negative, enter -0-)... 13,014,281
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 13,875,046 13,576,138 13,576,138
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow2,698,085
Less: allowance for doubtful accounts right arrow30,000 1,307,430 2,668,085 2,668,085
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 3,304,775 3,500,289  
9 Prepaid expenses and deferred charges.......... 264,674 346,604 346,604
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,380,023 Click to see attachment
List of Attached Documents:
// Content
8,620,143 		8,620,143
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow680,553
Less: accumulated depreciation (attach schedule) right arrow390,345 473,773 Click to see attachment
List of Attached Documents:
// Content
290,208 		290,208
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
18,812 		Click to see attachment
List of Attached Documents:
// Content
17,724 		Click to see attachment
List of Attached Documents:
// Content
17,724
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,624,533 29,019,191 25,518,902
Liabilities 17 Accounts payable and accrued expenses.......... 345,192 131,602
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,790,001 		Click to see attachment
List of Attached Documents:
// Content
4,378,029
23 Total liabilities (add lines 17 through 22)......... 4,135,193 4,509,631
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 21,489,340 24,509,560
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 21,489,340 24,509,560
30 Total liabilities and net assets/fund balances (see instructions). 25,624,533 29,019,191
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
21,489,340
2
Enter amount from Part I, line 27a .....................
2
1,835,779
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,193,774
4
Add lines 1, 2, and 3 ..........................
4
24,518,893
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
9,333
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
24,509,560
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a CD CITY NATL BANK OF FL CUSIP NUMBER 17801DHT6   2024-01-24 2024-07-31
b CD COMENITY BANK CUSIP NUMBER 20036NQT5   2023-04-21 2024-01-29
c ML 04022- LONG TERM COVERED      
d CD MANUFACTURERS AND TRA CUSIP NUMBER 564759SK5   2023-04-24 2024-04-26
e CD AMERICAN EXPRESS NATI CUSIP NUMBER 02589AEL2   2023-03-15 2024-03-21
CD FIRST FOUNDATION BANK CUSIP NUMBER 32026UA55   2022-12-29 2024-01-12
ML 04023- SHORT TERM COVERED      
ML 04023- LONG TERM COVERED      
LPL 4039- SHORT TERM COVERED      
LPL 4039- LONG TERM COVERED      
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 100,000   100,000 0
b 100,000   100,000 0
c 250,000   250,000 0
d 100,000   100,000 0
e 150,000   150,000 0
150,000   150,000 0
472,412   409,080 63,332
450,001   491,098 -41,097
173,567   175,225 -1,658
600,770   588,645 12,125
3,921     3,921
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       0
b       0
c       0
d       0
e       0
      0
      63,332
      -41,097
      -1,658
      12,125
      3,921
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 36,623
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 61,674
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 5,845
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,845
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,845
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 3,400
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 4,800
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 8,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 80
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,275
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow2,275 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowFL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.RBIDONORCARE.ORG
14
The books are in care ofright arrowLAWRENCE HOPKINS Telephone no.right arrow (352) 248-2114

Located atright arrow6241 NW 23 STREETGAINESVILLEFL ZIP+4right arrow32653
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LAWRENCE HOPKINS PRESIDENT & CEO
40.00 		425,000 16,500 0
13400 PROGRESS BLVD
ALACHUA,FL32615
JACK BOVAY TRUSTEE
15.00 		40,000 0 0
13400 PROGRESS BLVD
ALACHUA,FL32615
THOMAS BREWER TRUSTEE
15.00 		40,000 0 0
13400 PROGRESS BLVD
ALACHUA,FL32615
SANDRA MCCANN EXECUTIVE VP & COO
40.00 		405,000 16,500 0
13400 PROGRESS BLVD
ALACHUA,FL32615
JON KURTZ TRUSTEE
15.00 		40,000 0 0
13400 PROGRESS BLVD
ALACHUA,FL32615
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
WILLIAM CASSARLY VP OF OPERATIONS
40.00 		241,731 8,775 0
13400 PROGRESS BLVD
ALACHUA,FL32615
FAITH CASE DIRECTOR OF QA, RISK
40.00 		165,780 7,399 0
13400 PROGRESS BLVD
ALACHUA,FL32615
KOKI KUBO DIRECTOR OF FINANCE
40.00 		133,360 6,020 0
13400 PROGRESS BLVD
ALACHUA,FL32615
ALYSHIA HULL RECOVERY TECHNICIAN
40.00 		125,301 5,244 0
13400 PROGRESS BLVD
ALACHUA,FL32615
MEGAN NICOLE MULLINAX OPERATIONS MANAGER
40.00 		101,082 3,904 0
13400 PROGRESS BLVD
ALACHUA,FL32615
Total number of other employees paid over $50,000...................right arrow 31
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE ORGANIZATION RECOVERS HUMAN TISSUES AND PROVIDES THEM TO LEADING TISSUE PROCESSING COMPANIES. 11,067,839
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
16,165,331
b
Average of monthly cash balances.......................
1b
4,826,316
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
20,991,647
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
20,991,647
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
314,875
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,676,772
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,033,839
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
11,067,839
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
45,629
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
11,113,468
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
1,033,839 834,456 523,950 354,898 2,747,143
b 85% (0.85) of line 2a ......... 878,763 709,288 445,358 301,663 2,335,072
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		11,113,468 12,705,150 13,141,608 6,999,580 43,959,806
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		11,113,468 12,705,150 13,141,608 6,999,580 43,959,806
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 29,019,194 25,624,533 20,809,307 14,972,060 90,425,094
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 29,019,194 25,624,533 20,809,307 14,972,060 90,425,094
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aTISSUE RECOVERY FEES 541700       16,098,233
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 467,760  
5 Net rental income or (loss) from real estate:
aDebt-financed property......     01 1,734  
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    14 36,623  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 506,117 16,098,233
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,604,350
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1A FEES ARE RELATED TO RECOVERY OF DONOR TISSUE
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 15,675 0 15,675 0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
FRIDGE FOR CONF ROOM(LEASEHOLDS) 2014-03-13 1,007 1,007 SL 3.000000000000 0 0 0  
CISCO SWITCHES FOR SERVERS 2015-05-31 5,244 5,244 SL 3.000000000000 0 0 0  
SO LOW FREEZER 2015-08-13 9,695 9,695 SL 7.000000000000 0 0 0  
4 SO LOW FREEZERS 2015-09-13 37,300 37,300 SL 7.000000000000 0 0 0  
ULTRA LOW FREEZERS - 2 2016-02-13 20,600 20,600 SL 7.000000000000 0 0 0  
MONITORING SYSTEMS FOR EACH REGION 2018-06-27 13,045 10,253 SL 7.000000000000 1,864 0 1,864  
PHONE SERVERS AND PHONES 2019-04-08 33,246 22,558 SL 7.000000000000 4,749 0 4,749  
5TH FLOOR MOVE KITCHENETTE (LEASEHOLD) 2019-01-14 3,111 2,221 SL 7.000000000000 444 0 444  
5TH FLOOR OFFICE DESKS 2019-01-21 3,000 2,109 SL 7.000000000000 429 0 429  
ICE MACHINE - UP (RECOVERY) 2019-03-04 2,840 1,962 SL 7.000000000000 406 0 406  
4 ULTRA LOW FREEZERS(RECOVERY) 2019-04-01 10,000 6,787 SL 7.000000000000 1,429 0 1,429  
ICE MACHINE - SP(RECOVERY) 2019-04-02 3,025 2,052 SL 7.000000000000 432 0 432  
ICE MACHINE - SA(RECOVERY) 2019-05-02 3,320 2,213 SL 7.000000000000 474 0 474  
ICE MACHINE - MI(RECOVERY) 2019-05-02 3,320 2,213 SL 7.000000000000 474 0 474  
CAT 6 WIRING FOR 5TH FLOOR MOVE (LEASEHOLDS) 2019-01-24 10,696 7,513 SL 7.000000000000 1,528 0 1,528  
ELECTRICAL WORK 5TH FLOOR MOVE/OUTLETS (LEASEHOLDS) 2019-02-01 1,078 757 SL 7.000000000000 154 0 154  
3 CENTERFUGE (RECOVERY) 2020-01-07 1,070 612 SL 7.000000000000 153 0 153  
3 REFRIGERATORS 2020-02-05 447 251 SL 7.000000000000 64 0 64  
2 ICE MACHINES 2020-03-31 835 446 SL 7.000000000000 119 0 119  
OPTIPLEX XE3 /S#-34KMH13 (COMPUTER) 2020-01-18 1,305 1,305 SL 3.000000000000 0 0 0  
LATITUDE 7310 /S#-JXT1453 (COMPUTER) 2020-07-18 1,848 1,848 SL 3.000000000000 0 0 0  
LATITUDE 5410 /S#-9PBOY33 (COMPUTER) 2020-07-18 1,537 1,537 SL 3.000000000000 0 0 0  
LATITUDE 5410 /S#-56BPX33 (COMPUTER) 2020-07-18 1,537 1,537 SL 3.000000000000 0 0 0  
POWER EDGE R110 /S#-G4CL243 (COMPUTER) 2020-07-18 4,970 4,970 SL 3.000000000000 0 0 0  
LATITUDE 3310/S#-15TKXZ2 (COMPUTER) 2020-07-18 855 855 SL 3.000000000000 0 0 0  
DELL LATITUDE 5310 /S#-16BP103 (COMPUTER) 2020-08-18 1,518 1,518 SL 3.000000000000 0 0 0  
DELL LATITUDE 3310/S#-GVF3103 (COMPUTER) 2020-08-18 855 855 SL 3.000000000000 0 0 0  
DELL LATITUDE 3310/S#-F2G3103 (COMPUTER) 2020-08-18 855 855 SL 3.000000000000 0 0 0  
DELL LATITUDE 3310/S#-42G3103 (COMPUTER) 2020-08-18 855 855 SL 3.000000000000 0 0 0  
DICKSON-TEMPERATURE MONITOR FOR HOSP. 2020-11-30 4,226 1,862 SL 7.000000000000 604 0 604  
COMPUTER EQUIPMENT 2020-08-18 1,104 1,104 SL 3.000000000000 0 0 0  
DELL LATITUDE 3310 QTY. 45 (COMPUTER) 2021-01-01 34,914 34,914 SL 3.000000000000 0 0 0  
GE CHEST FREEZER (11-UF) (FCM22DLWW) QTY. 3 (RECOVERY) 2021-09-10 2,850 916 SL 7.000000000000 407 0 407  
POWERSHRED C-225CI (35-SP) (RECOVERY) 2021-09-01 853 274 SL 7.000000000000 122 0 122  
POWERSHRED C-225CI (38-AN) (RECOVERY) 2021-09-01 926 297 SL 7.000000000000 132 0 132  
POWERSHRED C-225CI (13-UM) (RECOVERY) 2021-09-01 853 274 SL 7.000000000000 122 0 122  
POWERSHRED C-225CI (11-UF) (RECOVERY) 2021-09-01 850 272 SL 7.000000000000 121 0 121  
POWERSHRED C-225CI (32-FM) (RECOVERY) 2021-09-01 853 274 SL 7.000000000000 122 0 122  
POWERSHRED C-225CI (14-UP) (RECOVERY) 2021-09-15 850 272 SL 7.000000000000 121 0 121  
POWERSHRED C-225CI (25-MI) (RECOVERY) 2021-09-15 853 274 SL 7.000000000000 122 0 122  
POWERSHRED C-225CI (23-PA) (RECOVERY) 2021-09-21 853 274 SL 7.000000000000 122 0 122  
POWERSHRED C-225CI (27-MG) (RECOVERY) 2021-09-22 850 273 SL 7.000000000000 121 0 121  
POWERSHRED C-225CI (28-BH) (RECOVERY) 2021-09-27 935 301 SL 7.000000000000 134 0 134  
ICE MACHINE FOR (23-PA) QTY.1 (RECOVERY) 2021-10-12 2,750 851 SL 7.000000000000 393 0 393  
FREEZERS CHEST TSC2090 QTY 6 (11-UF) (RECOVERY) 2021-10-12 83,147 25,736 SL 7.000000000000 11,878 0 11,878  
FREEZERS STAND UP TSX600 QTY 10 (11-UF) (RECOVERY) 2021-12-15 124,782 37,137 SL 7.000000000000 17,826 0 17,826  
LOGITECH RALLY BAR (96-CORP) (COMPUTER) 2022-01-03 4,405 2,936 SL 3.000000000000 1,468 0 1,469  
FREEZERS STAND UP TSX600 QTY 1 (11-UF) (RECOVERY) 2022-01-06 35,868 10,248 SL 7.000000000000 5,124 0 5,124  
IMPROVEMENTS ON UF UNIT D 2022-03-16 3,950 987 SL 7.000000000000 564 0 564  
DELL LAPTOP QTY 2 DESKTOP QTY 4 (11-UF) (COMPUTER) 2022-04-18 10,184 5,658 SL 3.000000000000 3,395 0 3,395  
ICE MAKER (13-UM) 2022-06-02 5,345 1,146 SL 7.000000000000 764 0 764  
AIR CONDITIONER (11-UF) (LEASEHOLDS) 2022-07-07 20,300 4,108 SL 7.000000000000 2,900 0 2,900  
INSIGNIA 13.8CU UPRIGHT FREEZER (25-MI) 2022-08-16 550 105 SL 7.000000000000 79 0 79  
ICE MAKER (32-FM) 2022-08-18 4,135 788 SL 7.000000000000 591 0 591  
REMODELING OF FRONT RECEPTIONIST DESK 2022-08-31 20,360 3,879 SL 7.000000000000 2,909 0 2,909  
QA SOFTWARE (QCBD) (COMPUTER) 2022-12-15 13,600 4,533 SL 3.000000000000 4,533 0 4,533  
ICE MACHINE (28-BH) (RECOVERY) 2023-01-11 6,128 802 SL 7.000000000000 875 0 875  
CONFERENCE ROOM (96-CORP) (LEASEHOLDS) 2023-01-26 11,001 1,441 SL 7.000000000000 1,572 0 1,572  
ICE MACHINE (41-GR) (RECOVERY) 2023-02-06 6,403 762 SL 7.000000000000 915 0 915  
FLOORING FOR UT OFFICE (15-UT) (LEASEHOLDS) 2023-02-01 3,100 369 SL 7.000000000000 443 0 443  
OVERHEAD DOOR (11-UF) (LEASEHOLDS) 2023-02-01 1,985 189 SL 7.000000000000 284 0 284  
COMPUTER EQUIPMENT - LAPTOPS/DESKTOPS (96-CORP) 2023-06-01 26,772 4,462 SL 3.000000000000 8,924 0 8,924  
CA HOSPITAL CONTRACTS ACQUISITIONS (44-FR) 2023-06-27 150,000 10,714 SL 7.000000000000 139,286 0 139,286  
ROUTER/SECURITY APPLIANCE WITH LICENSE 2023-08-01 3,940 438 SL 3.000000000000 1,313 0 1,313  
COMPUTER EQUIPMENT - LAPTOPS/DESKTOPS (96-CORP) 2023-11-01 10,474 291 SL 3.000000000000 3,491 0 3,491  
NEW FLOORING COLUMBIA OFFICE (30-CO) 2023-11-30 4,958 59 SL 7.000000000000 708 0 708  
FRIG FOR HOLMES REG MED CTR (13-UM) 2024-03-01 5,081   SL 7.000000000000 544 0 544  
FRIG FOR PATEWOOOD HOSP (GR-41) 2024-03-01 5,081   SL 7.000000000000 544 0 544  
FRIG FOR GREENVILLE MEMORIAL (41-GR) 2024-03-01 5,081   SL 7.000000000000 544 0 544  
A/C INSTALLATION/DUCT WORK (11-UF) SUITES E TO D 2024-03-19 4,950   SL 7.000000000000 530 0 530  
FRIG FOR LEE HEALTH MEMORIAL (FM-32) 2024-04-01 5,081   SL 7.000000000000 484 0 484  
FRIG FOR PIEDMONT ATLANTA (AN-38) 2024-04-01 5,081   SL 7.000000000000 484 0 484  
FRIG FOR MANATEE MEMORIAL HOSP (BR-31) 2024-06-04 5,088   SL 7.000000000000 363 0 363  
FRIG FOR JACKSON MEMORIAL (23PA) 2024-08-01 5,088   SL 7.000000000000 242 0 242  
FRIG FOR RICHLAND HOSP (42CO) 2024-08-01 5,088   SL 7.000000000000 242 0 242  

TY 2024 InvestmentsCorpStockSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Name of Stock End of Year Book Value End of Year Fair Market Value
MERRILL LYNCH- CORPORATE STOCK 8,620,143 8,620,143

TY 2024 LandEtcSchedule2
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FRIDGE FOR CONF ROOM(LEASEHOLDS) 1,007 1,007 0  
CISCO SWITCHES FOR SERVERS 5,244 5,244 0  
SO LOW FREEZER 9,695 9,695 0  
4 SO LOW FREEZERS 37,300 37,300 0  
ULTRA LOW FREEZERS - 2 20,600 20,600 0  
MONITORING SYSTEMS FOR EACH REGION 13,045 12,117 928  
PHONE SERVERS AND PHONES 33,246 27,307 5,939  
5TH FLOOR MOVE KITCHENETTE (LEASEHOLD) 3,111 2,665 446  
5TH FLOOR OFFICE DESKS 3,000 2,538 462  
ICE MACHINE - UP (RECOVERY) 2,840 2,368 472  
4 ULTRA LOW FREEZERS(RECOVERY) 10,000 8,216 1,784  
ICE MACHINE - SP(RECOVERY) 3,025 2,484 541  
ICE MACHINE - SA(RECOVERY) 3,320 2,687 633  
ICE MACHINE - MI(RECOVERY) 3,320 2,687 633  
CAT 6 WIRING FOR 5TH FLOOR MOVE (LEASEHOLDS) 10,696 9,041 1,655  
ELECTRICAL WORK 5TH FLOOR MOVE/OUTLETS (LEASEHOLDS) 1,078 911 167  
3 CENTERFUGE (RECOVERY) 1,070 765 305  
3 REFRIGERATORS 447 315 132  
2 ICE MACHINES 835 565 270  
OPTIPLEX XE3 /S#-34KMH13 (COMPUTER) 1,305 1,305 0  
LATITUDE 7310 /S#-JXT1453 (COMPUTER) 1,848 1,848 0  
LATITUDE 5410 /S#-9PBOY33 (COMPUTER) 1,537 1,537 0  
LATITUDE 5410 /S#-56BPX33 (COMPUTER) 1,537 1,537 0  
POWER EDGE R110 /S#-G4CL243 (COMPUTER) 4,970 4,970 0  
LATITUDE 3310/S#-15TKXZ2 (COMPUTER) 855 855 0  
DELL LATITUDE 5310 /S#-16BP103 (COMPUTER) 1,518 1,518 0  
DELL LATITUDE 3310/S#-GVF3103 (COMPUTER) 855 855 0  
DELL LATITUDE 3310/S#-F2G3103 (COMPUTER) 855 855 0  
DELL LATITUDE 3310/S#-42G3103 (COMPUTER) 855 855 0  
DICKSON-TEMPERATURE MONITOR FOR HOSP. 4,226 2,466 1,760  
COMPUTER EQUIPMENT 1,104 1,104 0  
DELL LATITUDE 3310 QTY. 45 (COMPUTER) 34,914 34,914 0  
GE CHEST FREEZER (11-UF) (FCM22DLWW) QTY. 3 (RECOVERY) 2,850 1,323 1,527  
POWERSHRED C-225CI (35-SP) (RECOVERY) 853 396 457  
POWERSHRED C-225CI (38-AN) (RECOVERY) 926 429 497  
POWERSHRED C-225CI (13-UM) (RECOVERY) 853 396 457  
POWERSHRED C-225CI (11-UF) (RECOVERY) 850 393 457  
POWERSHRED C-225CI (32-FM) (RECOVERY) 853 396 457  
POWERSHRED C-225CI (14-UP) (RECOVERY) 850 393 457  
POWERSHRED C-225CI (25-MI) (RECOVERY) 853 396 457  
POWERSHRED C-225CI (23-PA) (RECOVERY) 853 396 457  
POWERSHRED C-225CI (27-MG) (RECOVERY) 850 394 456  
POWERSHRED C-225CI (28-BH) (RECOVERY) 935 435 500  
ICE MACHINE FOR (23-PA) QTY.1 (RECOVERY) 2,750 1,244 1,506  
FREEZERS CHEST TSC2090 QTY 6 (11-UF) (RECOVERY) 83,147 37,614 45,533  
FREEZERS STAND UP TSX600 QTY 10 (11-UF) (RECOVERY) 124,782 54,963 69,819  
LOGITECH RALLY BAR (96-CORP) (COMPUTER) 4,405 4,404 1  
FREEZERS STAND UP TSX600 QTY 1 (11-UF) (RECOVERY) 35,868 15,372 20,496  
IMPROVEMENTS ON UF UNIT D 3,950 1,551 2,399  
DELL LAPTOP QTY 2 DESKTOP QTY 4 (11-UF) (COMPUTER) 10,184 9,053 1,131  
ICE MAKER (13-UM) 5,345 1,910 3,435  
AIR CONDITIONER (11-UF) (LEASEHOLDS) 20,300 7,008 13,292  
INSIGNIA 13.8CU UPRIGHT FREEZER (25-MI) 550 184 366  
ICE MAKER (32-FM) 4,135 1,379 2,756  
REMODELING OF FRONT RECEPTIONIST DESK 20,360 6,788 13,572  
QA SOFTWARE (QCBD) (COMPUTER) 13,600 9,066 4,534  
ICE MACHINE (28-BH) (RECOVERY) 6,128 1,677 4,451  
CONFERENCE ROOM (96-CORP) (LEASEHOLDS) 11,001 3,013 7,988  
ICE MACHINE (41-GR) (RECOVERY) 6,403 1,677 4,726  
FLOORING FOR UT OFFICE (15-UT) (LEASEHOLDS) 3,100 812 2,288  
OVERHEAD DOOR (11-UF) (LEASEHOLDS) 1,985 473 1,512  
COMPUTER EQUIPMENT - LAPTOPS/DESKTOPS (96-CORP) 26,772 13,386 13,386  
ROUTER/SECURITY APPLIANCE WITH LICENSE 3,940 1,751 2,189  
COMPUTER EQUIPMENT - LAPTOPS/DESKTOPS (96-CORP) 10,474 3,782 6,692  
NEW FLOORING COLUMBIA OFFICE (30-CO) 4,958 767 4,191  
FRIG FOR HOLMES REG MED CTR (13-UM) 5,081 544 4,537  
FRIG FOR PATEWOOOD HOSP (GR-41) 5,081 544 4,537  
FRIG FOR GREENVILLE MEMORIAL (41-GR) 5,081 544 4,537  
A/C INSTALLATION/DUCT WORK (11-UF) SUITES E TO D 4,950 530 4,420  
FRIG FOR LEE HEALTH MEMORIAL (FM-32) 5,081 484 4,597  
FRIG FOR PIEDMONT ATLANTA (AN-38) 5,081 484 4,597  
FRIG FOR MANATEE MEMORIAL HOSP (BR-31) 5,088 363 4,725  
FRIG FOR JACKSON MEMORIAL (23PA) 5,088 242 4,846  
FRIG FOR RICHLAND HOSP (42CO) 5,088 242 4,846  


TY 2024 LegalFeesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 12,864 0 12,864 0


TY 2024 OtherAssetsSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
REFUNDABLE DEPOSITS 18,812 17,724 17,724


TY 2024 OtherDecreasesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Amount
TAXES AND PENALTIES 9,333


TY 2024 OtherExpensesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMUNICATIONS 66,788 0 30,105 36,683
COMPUTER EXPENSE 131,354 0 120,848 10,506
DONOR RECOVERY COSTS 7,079,597 0 0 7,079,597
EDUCATION & TRAINING 115,006 0 83,144 31,862
INSURANCE 51,011 0 51,011 0
LICENSES 68,146 0 1,032 67,114
OFFICE EXPENSE 141,846 0 95,273 46,573
POSTAGE 677,130 0 6,518 670,612
UTILITIES 129,449 0 1,097 128,352
DUES & SUBSCRIPTIONS 3,758 0 3,583 175
BANK & MERCHANT FEES 8,014 0 8,014 0
WRITE OFFS 25,716 0 25,716 0
LOSS ON DISPOSAL OF INTANGIBLE 121,426 0 121,426 0


TY 2024 OtherIncomeSchedule2
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TISSUE RECOVERY FEES 16,098,233   16,098,233


TY 2024 OtherIncreasesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Amount
UNREALIZED GAIN (LOSS) ON INVESTMENTS 1,193,774


TY 2024 OtherLiabilitiesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED PAYROLL 200,000 250,000
ACCRUED VACATION 100,000 125,000
401 K 130,000 150,000
ACCRUED CADAVERIC TIF 3,304,775 3,500,289
ACCRUED CADAVERIC COSTS 55,226 352,740


TY 2024 OtherProfessionalFeesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 521,371 0 177,672 343,699
INVESTMENT FEES 85,612 85,612 0 0


TY 2024 TaxesSchedule
Name:
REGENERATIVE BIOLOGICS INC
EIN:
59-3280155
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 298,745 0 111,761 186,984