Research Corporation
- Assets
- $195.5m
- Revenue
- $7.4m
- Investments
- $192.2m
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 09/1934
- Data as of
- 12/2022
- 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 12/2022, Research Corporation generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $13.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Research Corporation has awarded 473 individual grants totaling $23,361,338. 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
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 2022 SIX SCIALOG CONFERENCES WERE HELD AT WHICH GRANT PROPOSALS WERE RECEIVED FOR THE AWARDS MADE.
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. 24 COTTRELL SCHOLAR AWARDS AND 4 COLLABORATIVE AWARDS WERE GIVEN IN 2022.
IN 2022 RCSA AWARDED FUNDS TO 10 COTTRELL SCHOLARS TO SUPPORT THE SALARY/STIPEND OF A RECENTLY GRADUATED SENIOR WORKING IN RESEARCH UNDER THE SUPERVISION OF A COTTRELL SCHOLAR.
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 2022, 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 | $388,000 | |
Mr Daniel Gasch Cfo/vice President | 38 | $256,500 | |
Dr Eugene Flood Chair Of The Board | 2 | $1,737 | |
Mr James Denaut Treasurer And Board Member | 2 | $0 | |
Ms Danielle Dana Johnson Secretary And Board Member | 2 | $558 | |
Mr G Scott Clemons Board Member | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Angelo Gordon & Co | 12/30/22 | $445,373 |
Sands Capital Management | 12/30/22 | $290,968 |
Tci - Citco Fund Services | 12/30/22 | $215,088 |
Dodge & Cox | 12/30/22 | $214,042 |
Ra Capital | 12/30/22 | $197,248 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,813,895 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,960,025 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $600,619 |
| Capital Gain Net Income | $600,619 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,459 |
| Total Revenue | $7,402,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $839,144 |
| Other employee salaries and wages | $1,258,754 |
| Pension plans, employee benefits | $582,656 |
| Interest | $77,068 |
| Taxes | $3,170 |
| Depreciation | $5,051 |
| Occupancy | $248,031 |
| Travel, conferences, and meetings | $1,276,957 |
| Printing and publications | $13,788 |
| Other expenses | $367,353 |
| Total operating and administrative expenses | $6,525,690 |
| Contributions, gifts, grants paid | $7,147,792 |
| Total expenses and disbursements | $13,673,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,483,108 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $21,736 |
| 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 | $71,868,727 |
| Net Land, buildings, and equipment | $32,049 |
| Other assets | $778,538 |
| Total assets | $195,484,115 |
| Accounts payable and accrued expenses | $330,130 |
| Grants payable | $1,553,962 |
| Deferred revenue | $96,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,000,000 |
| Other liabilities | $1,155,495 |
| Total liabilities | $6,136,087 |
Grants Awarded
Over the last fiscal year, Research Corporation has awarded $9,303,916 in support to 207 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: 2022 GENERAL SUPPORT | $100 |
AMERICAN CHEMICAL SOCIETY PURPOSE: ACS NATIONAL AWARDS PROGRAM SPONSORSHIP | $5,000 |
AMERICAN CHEMICAL SOCIETY PURPOSE: 2022 ACS DIC YOUNG INVESTIGATOR AWARD SYMPOSIUM | $1,000 |
AMERICAN PHYSICAL SOCIETY PURPOSE: EMERGING SOFT MATTER EXCELLENCE (ESME) AWARD FROM APS DIVISION OF SOFT MATTER | $1,000 |
AMERICAN PHYSICAL SOCIETY PURPOSE: APS PRIZE TO A FACULTY MEMBER FOR RESEARCH AT AN UNDERGRADUATE INSTITUTION | $10,000 |
AMHERST COLLEGE PURPOSE: MOVING FORWARD TOWARDS ACCURATE PROTOPLANETS AND A SOCIALLY JUST UNDERGRADUATE ASTRONOMY CURRICULUM | $100,000 |