George L Blackburn Foundation For Nutrition Medicine
- Assets
- $12.3m
- Revenue
- $889.7k
- Investments
- $12.2m
- Employees
- 0
- Location
- Jamaica Plain, MA
- Founding
- 02/1974
- Data as of
- 03/2022
- EIN
- 04-2593846
Organization Overview
George L Blackburn Foundation For Nutrition Medicine is located in Jamaica Plain, MA. The organization was established in 1974. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George L Blackburn Foundation For Nutrition Medicine is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, George L Blackburn Foundation For Nutrition Medicine generated $889.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $821.6k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George L Blackburn Foundation For Nutrition Medicine has awarded 30 individual grants totaling $1,039,107. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES AND TECHNOLOGY- WE SUPPORT 11 CLINICAL RESEARCH CENTERS WITH OUR PROPRIETARY TECHNOLOGY PLATFORM. IT IS INTEGRATED INTO WEIGHT MANAGEMENT INTERVENTIONS DELIVERED BY HEALTHCARE ORGANIZATIONS AND RESEARCH INSTITUTIONS AS PART OF THEIR TREATMENT AND RESEARCH PROGRAMS. (SEE PROGRAM SERVICES EXPENSES)
EDUCATIONAL ACTIVITIES - WE SUPPORT THE ANNUAL NUTRITION OBESITY RESEARCH CENTER AT HARVARD MEDICAL SCHOOL NORCH POST-GRADUATE COURSE (EXPENSE $20,000) THE OBESITY AND METABOLIC INSTITUTES, OBESITY TREATMENT CONTINUING MEDICAL EDUCATION COURSE, DIRECTED BY LEE M. KAPLAN, MD, PHD. (EXPENSE $20,000)
RESEARCH AND CLINICAL TRIALS WE SUPPORT THE RHOADES RESEARCH FOUNDATION - THE GEORGE BLACKBURN RESEARCH MENTORSHIP AWARD RECOGNIZES NUTRITION LEADERS FOR THEIR ACHIEVEMENTS AS OUTSTANDING RESEARCH MENTORS (PRIOR COMMITMENT DISBURSED IN CURRENT YEAR - $10,000) DIVISION OF GASTROENTEROLOGY AT BETH ISRAEL DEACONESS MEDICAL CENTER SUPPORTS SEVERAL CLINICAL PROJECTS IN THE AREA OF NUTRITION; PRIORITY IS GIVEN TO EARLY CAREER INVESTIGATORS. (EXPENSE $25,000)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David G Blacburn President | 40 | $252,257 | |
Susan Kelly MD Trustee | 40 | $105,893 | |
Rochard Coburn MD Trustee | 0.1 | $0 | |
Terry Hensle MD Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Susan Kelly | 3/30/15 | $70,000 |
Dong Kong | 3/30/15 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $168,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $720,580 |
| Capital Gain Net Income | $720,580 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $245 |
| Total Revenue | $889,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $392,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $202 |
| Taxes | $26,012 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $172,741 |
| Total operating and administrative expenses | $781,601 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $821,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,953 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,400 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,173,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13,252 |
| Total assets | $12,311,959 |
| Accounts payable and accrued expenses | $19,200 |
| Grants payable | $54,101 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $73,301 |
Grants Awarded
Over the last fiscal year, George L Blackburn Foundation For Nutrition Medicine has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BIDMC DIGESTIVE DISEASE RESEARCH PURPOSE: CLINICAL NUTRITION RESEARCH EFFORTS | $25,000 |
OBESITY METABILIC INSTITUTE LLC PURPOSE: CLINICAL NUTRITION EDUCATION EFFORTS | $20,000 |
THE GENERAL HOSPITAL CORPORATION PURPOSE: CLINICAL NUTRITION EDUCATION EFFORTS | $20,000 |