Blood Science Foundation was incorporated as a tax-exempt 501(c)(3) organization in 1987. It served as a subsidiary of The Institute for Transfusion Medicine (ITxM) to invest excess funds. ITxM was the parent company of Central Blood Bank and Lifesource. From 2008 – 2016, the Foundation granted contributions to tax-exempt organizations totaling approximately $25 million. In 2017, the Blood Science Foundation became an independent supporting charity and Foundation following the merger of ITxM with Blood Systems, Inc. in response to industry dynamics.
Blood Systems, Inc. was renamed Vitalant in 2018.
As one of the nation’s oldest and largest nonprofit community blood service providers, Vitalant collects approximately 1.8 million blood donations annually which are distributed to nearly 1,000 hospitals and health care partners for patients in need across 40 states.
Vitalant is a founding member of AABB (a professional organization that provides standards of development and accreditation for blood centers) and was a driving force in the creation of America’s Blood Centers (a consortium of independent community blood centers throughout the U.S. and Canada, including Vitalant). Both organizations play a major role in communication advances in transfusion medicine nationwide.
Blood Science Foundation is a 501(c)(3) tax-exempt organization and is a public charity under Section 509(a)(3). Donors can deduct contributions they make under Internal Revenue Code Section 170. Contributions are tax-deductible to the extent permitted by law.