Research Corporation
- Assets
- $242.0m
- Revenue
- $26.1m
- Investments
- $237.5m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/1934
- Data as of
- 12/2021
- EIN
- 13-1963407
Organization Overview
Research Corporation is located in Tucson, AZ. The organization was established in 1934. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Research Corporation 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 12/2021, Research Corporation generated $26.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $16.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Research Corporation has awarded 266 individual grants totaling $14,057,422. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE COTTRELL SCHOLAR AWARD DEVELOPS OUTSTANDING CHEMISTRY, PHYSICS AND ASTRONOMY TEACHER-SCHOLARS AT COLLEGES AND UNIVERSITIES WHO ARE RECOGNIZED BY THEIR SCIENTIFIC COMMUNITIES FOR THE QUALITY AND INNOVATION OF THEIR RESEARCH PROGRAMS AND THEIR ACADEMIC LEADERSHIP SKILLS. THIS AWARD PROVIDES ENTRY INTO A NATIONAL COMMUNITY OF OUTSTANDING SCHOLAR-EDUCATORS WHO PRODUCE SIGNIFICANT RESEARCH AND EDUCATION OUTCOMES. 25 COTTRELL SCHOLAR AWARDS AND 3 COLLABORATIVE AWARDS WERE GIVEN IN 2021.
SCIALOG SUPPORTS RESEARCH, INTENSIVE DIALOG AND COMMUNITY BUILDING TO ADDRESS SCIENTIFIC CHALLENGES OF GLOBAL SIGNIFICANCE. WITHIN EACH MULTI-YEAR INITIATIVE, SCIALOG FELLOWS COLLABORATE IN HIGH-RISK DISCOVERY RESEARCH ON UNTESTED IDEAS AND COMMUNICATE THEIR PROGRESS IN ANNUAL CLOSED CONFERENCES. THROUGH THE GIVE-AND-TAKE OF COMMUNITY BUILDING, IT IS THE FOUNDATION'S HOPE THAT SCIALOG FELLOWS GROW BETTER EQUIPPED TO TACKLE EVER MORE CHALLENGING MULTIDISCIPLINARY PROBLEMS. SCIALOG IS INTENDED TO: 1) SUPPORT EARLY CAREER FACULTY TO EXPAND RESEARCH IN A FOCUSED AREA OF HIGH SCIENTIFIC IMPORTANCE; 2) ENCOURAGE SCIENTISTS TO FORM MULTIDISCIPLINARY TEAMS TO TACKLE THESE CRITICAL CHALLENGES, AND; 3) HELP TRANSITION AWARDEES TO OBTAIN FURTHER FUNDING FOR THEIR INNOVATIVE IDEAS. IN 2021 SIX SCIALOG CONFERENCES WERE HELD AT WHICH GRANT PROPOSALS WERE RECEIVED FOR THE AWARDS MADE.
IN 2021 RCSA AWARDED FUNDS TO 14 COTTRELL SCHOLARS TO SUPPORT THE WORK OF POSTDOCTORAL FELLOWS WHOSE PLANS TO START INDEPENDENT ACADEMIC OR RESEARCH CAREERS THIS YEAR WERE DELAYED OR DERAILED DUE TO INSTITUTIONAL HIRING FREEZES.
COTTRELL SCHOLAR CAREER ADVANCEMENT AWARDS ARE AIMED AT ADVANCING THE SKILLS, KNOWLEDGE AND EXPERIENCE OF COTTRELL SCHOLARS TOWARD ATTAINING A LEADERSHIP ROLE IN THEIR INSTITUTIONS. THE CAREER ADVANCEMENT AWARDS REPRESENT A COMMITMENT TO COTTRELL SCHOLARS THROUGHOUT THEIR CAREERS. IN 2021, FIVE SEED (SINGULAR EXCEPTIONAL ENDEAVORS OF DISCOVERY) AWARDS, TWO STAR (SCIENCE TEACHING AND RESEARCH) AWARDS, AND ONE IMPACT AWARD WAS MADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Daniel I Linzer Ceo/president And Board Member | 38 | $382,000 | |
Mr Daniel Gasch Cfo/vice President | 38 | $245,500 | |
Dr Richard Wiener Senior Program Direc | 40 | $184,000 | |
Dr Silvia Ronco Senior Program Direc | 40 | $184,000 | |
Dr Andrew Feig Program Director | 40 | $162,000 | |
Mrs Jennifer Brown Director Of Finance | 40 | $114,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tci - Citco Fund Services | 12/30/21 | $1,830,770 |
Angelo Gordon & Co | 12/30/21 | $1,342,711 |
Dodge & Cox | 12/30/21 | $253,067 |
Coatue Offshore Fund Ltd | 12/30/21 | $853,464 |
Sands Capital Management | 12/30/21 | $467,722 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,442,683 |
| Interest on Savings | $236 |
| Dividends & Interest | $6,557,648 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,388,859 |
| Capital Gain Net Income | $16,388,859 |
| Net ST Capital Gain | $577,234 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $748,727 |
| Total Revenue | $26,138,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $816,105 |
| Other employee salaries and wages | $1,146,900 |
| Pension plans, employee benefits | $533,778 |
| Interest | $30,782 |
| Taxes | $2,049 |
| Depreciation | $5,051 |
| Occupancy | $224,990 |
| Travel, conferences, and meetings | $172,810 |
| Printing and publications | $10,757 |
| Other expenses | $371,886 |
| Total operating and administrative expenses | $8,848,450 |
| Contributions, gifts, grants paid | $7,599,244 |
| Total expenses and disbursements | $16,447,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,930,582 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $102,389 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $80,306,586 |
| Net Land, buildings, and equipment | $37,100 |
| Other assets | $457,331 |
| Total assets | $242,008,144 |
| Accounts payable and accrued expenses | $68,464 |
| Grants payable | $2,087,383 |
| Deferred revenue | $18,132 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $782,908 |
| Total liabilities | $2,956,887 |
Grants Awarded
Over the last fiscal year, Research Corporation has awarded $8,139,226 in support to 156 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO STATE UNIVERSITY PURPOSE: HARNESSING LIGAND-SHELL NUCLEAR SPINS TO CONTROL MOLECULAR SPIN COHERENCE | $100,000 |
COLORADO STATE UNIVERSITY PURPOSE: SALT-PROMOTED ELECTRON TRANSFER PROCESSES FOR REDUCTIVE CROSS-COUPLING REACTIONS | $100,000 |
Omaha, NE PURPOSE: BOTTOMS UP: INVESTIGATING THE GROWTH AND GLASS-FORMING PROPERTIES OF GERMANIA-CONTAINING COLLOIDS | $100,000 |
Ames, IA PURPOSE: UNCOVERING PRINCIPLES OF BIO-MOLECULAR CONDENSATION | $100,000 |
Atlanta, GA PURPOSE: UNLOCKING MARINE EUKARYOTIC NATURAL PRODUCT BIOSYNTHETIC SCHEMES IN RESEARCH AND EDUCATION | $100,000 |
Colorado Springs, CO PURPOSE: CONSTRAINING THE COMPLEXITIES OF STELLAR ACTIVITY WITH SUB-SUBGIANT STARS | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Research Corporation has recieved totaling $1,000,000.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF RESEARCH TEAMS SELECTED BY A PANEL OF EXPERTS FROM PROPOSALS SUBMITTED DURING THE 2021 VIRTUAL CONFERENCE SCIALOG: CHEMICAL MACHINERY OF THE CELL III FOCUSED ON QUANTITATIVE, THEORY-BASED UNDERSTANDING OF COMPLEX BIOLOGICAL PHENOMENA. | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Critical Path Institute Tucson, AZ | $19,962,086 | $31,176,116 |
Medicines360 San Francisco, CA | $84,365,229 | $12,024,199 |
Research Corporation Tucson, AZ | $242,008,144 | $26,138,153 |
Southwest Autism Research And Resource Center Phoenix, AZ | $18,925,029 | $16,667,407 |
Conard House Inc San Francisco, CA | $5,907,710 | $14,988,369 |
Hopelab Foundation Inc San Francisco, CA | $32,085,472 | $14,961,821 |
Multidisciplinary Association For Psychedelic Studies San Jose, CA | $92,188,866 | $23,580,425 |
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Larry L Hillblom Foundation Inc Petaluma, CA | $157,022,260 | $9,255,919 |
Arastradero Research Institute Palo Alto, CA | $86,734,431 | $15,446,292 |
Center For Applied Rationality Berkeley, CA | $4,444,483 | $4,525,208 |