Sass Foundation For Medical Research Inc

Organization Overview

Sass Foundation For Medical Research Inc is located in New York, NY. The organization was established in 1987. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 09/2022, Sass Foundation For Medical Research Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sass Foundation For Medical Research Inc 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 09/2022, Sass Foundation For Medical Research Inc generated $351.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $232.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sass Foundation For Medical Research Inc has awarded 41 individual grants totaling $1,648,173. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE BETTER UNDERSTANDING OF CANCER & RELATED LIFE THREATENING DISEASES. TO EDUCATE ON THE THERAPIES & TREATEMENTS & TO FUND RESEARCH AIMED AT COMBATING THESE DISEASES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SPONSORS FELLOWSHIPS AND PROVIDES GRANTS TO FUNDRESEARCH ON CANCER AND RELATED DISEASES.


THE FOUNDATION HOSTS TWO ANNUAL BREAST/OVARIAN CANCER AWARENESS DAYS. THERE IS NO COST TO ATTEND THESE EVENTS AS ALL EXPENSES ARE PAID FOR BY THE ORGANIZATION. THE EVENTS ARE DEDICATED TO INFORM AND SUPPORT ALL WHO HAVE BEEN OR WILL BE AFFECTED BY BREAST AND OVARIAN CANCERS.VARIOUS SESSIONS WERE GIVEN BY PHYSICIANS AND OTHER EXPERTS IN THEIR FIELD IN ORDER TO EDUCATE THE ATTENDEES REGARDING PREVENTION, TREATMENT, SURGERY AND RECOVERY.


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Board, Officers & Key Employees

Name (title)Compensation
Francis P Arena
President & Co-Founder
$0
Martin D Sass
Chairman & Co-Founder
$0
Barbara R Sass
Chairwoman, Co-Founder, Tr
$0
Lois Lerner
Executive Director
$78,885

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$321,821
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$80,664
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$402,485
Total Program Service Revenue$0
Investment income $11,531
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $17,217
Net Income from Fundraising Events -$79,686
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $351,547

Grants Awarded

Over the last fiscal year, Sass Foundation For Medical Research Inc has awarded $55,000 in support to 5 organizations.

Grant RecipientAmount

IMEDEX LLC

PURPOSE: RESEARCH AND EDUCATION - TO FUND RESEARCH PROJECTS TO COMBAT CANCER AND OTHER RELATED DISEASES

$10,000

FPID

PURPOSE: TO SUPPORT THE SILVER LEVEL SPONSORSHIP FOR THE IMMUNODEFIENCY FOUNDATION GALA

$10,000

STONY BROOK FOUNDATION

PURPOSE: RESEARCH AND EDUCATION - TO FUND RESEARCH PROJECTS TO COMBAT CANCER AND OTHER RELATED DISEASES

$15,000

LEUKEMIA & LYMPHOMA SOCIETY

PURPOSE: DONATION PAID TO THE FOUNDATION

$10,000

THE BROOKLYN COLLEGE FOUNDATION

PURPOSE: TO FUND A NEW CANCER CENTER

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Monell Chemical Senses Center
Philadelphia, PA
$35,177,690
Trudeau Institute Inc
Saranac Lake, NY
$6,035,523
Donald Guthrie Foundation
Sayre, PA
$6,256,859
Lymphatic Education & Research Network Inc Le&rn
New York, NY
$1,476,365
Association For Pathology Informatics Inc
Pittsburgh, PA
$552,085
Global Vitiligo Foundation
Mechanicsburg, PA
$478,511
Surgical Associates Research And Educational Foundation One Childre
Philadelphia, PA
$164,406
The New Jersey Institute For Medical Research And Education Inc
Red Bank, NJ
$473,051
Viron Molecular Medicine Institute Foundatio
Boston, MA
$312,004
Homoeopathic Pharmacopoeia Convention Of The United States
Bryn Mawr, PA
$211,545
Sass Foundation For Medical Research Inc
New York, NY
$351,547
Serenagroup Research Foundation
Cambridge, MA
$194,175
Margaret S Mahler Child Development Foundation
Wynnewood, PA
$292,152
Distance Learning Center Inc
Philadelphia, PA
$137,972
Richard And Patricia Jay Charitable Foundation
Westport, CT
$105
Central Pennsylvania Transplant Foundation Incorporated
Harrisburg, PA
$52,222
International Conference On The Chemistry And Biology Of
East Falmouth, MA
$122,733
Vincera Foundation
Philadelphia, PA
$136,240
International Society For Evolution Medicine & Public Health
New Haven, CT
$87,171
Post-Finasteride Syndrome Foundation
Somerset, NJ
$67,901
Cooleys Anemia International Inc
Bronxville, NY
$33,549
Worcester Environmental Education Research Effort Inc
West Boylston, MA
$0
Catherine Foundation For Reproductive Medicine Ltd
New York, NY
$5,000
The Feldenkrais Foundation Inc
New York, NY
$0
The New York Surgical Society Inc
Hauppauge, NY
$0

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