Cerebral Palsy Foundation Inc
- Assets
- $2.7m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 9
- Location
- New York, NY
- Founding
- 02/1957
- Data as of
- 09/2023
- EIN
- 13-6093337
Organization Overview
Cerebral Palsy Foundation Inc is located in New York, NY. The organization was established in 1957. As of 09/2023, Cerebral Palsy Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cerebral Palsy Foundation 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 09/2023, Cerebral Palsy Foundation Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $3.9m during the year ending 09/2023. While expenses have increased by 5.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cerebral Palsy Foundation Inc has awarded 78 individual grants totaling $7,388,724. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION DEVELOPS AND SPEARHEADS INITIATIVES DESIGNED TO CHANGE LIVES TODAY FOR PEOPLE WITH CEREBRAL PALSY THROUGH RESEARCH, INNOVATION, AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO RIGOROUSLY REVIEWED, SCIENTIFICALLY IMPORTANT RESEARCH RELEVANT TO CEREBRAL PALSY AND OTHER DEVELOPMENTAL DISABILITIES. THE FOUNDATION ALSO PROVIDES MEDICAL EXPERTISE AS REQUESTED BY OTHER ORGANIZATIONS AND SERVES AS A RESOURCE FOR THE INTERNATIONAL PUBLIC, CLINICIANS AND POLICY-MAKERS ABOUT BEST HEALTH CARE PRACTICES, PREVENTION AND CURATIVE STRATEGIES FOR CEREBRAL PALSY. THE FOUNDATION IS ALSO FOCUSING ITS ATTENTION ON RESEARCH DIRECTED AT ISSUES OF EARLY DIAGNOSIS, MECHANISMS OF NERVOUS SYSTEM INJURY AND REPAIR, REGENERATIVE TREATMENTS, NEUROLOGICAL REHABILITATION, ORTHOPEDIC REHABILITATION AND ENGINEERING SOLUTIONS AS WELL AS RESEARCH TO PREVENT THE SECONDARY NEUROMUSCULAR, MUSCULOSKELETAL AND CARDIOVASCULAR COMPLICATIONS SEEN IN ADULTS WITH CEREBRAL PALSY. THERE ARE APPROXIMATELY 1 MILLION CHILDREN AND ADULTS IN THE USA WITH CEREBRAL PALSY AND RELATED DEVELOPMENTAL DISABILITIES, MORE CLINICAL AND BASIC BIOMEDICAL RESEARCH IS URGENTLY NEEDED FOR IMPROVING NEUROLOGICAL FUNCTIONS, PREVENTING MEDICAL COMPLICATIONS, AND OPTIMIZING QUALITY OF LIFE IN THESE INDIVIDUALS FROM INFANCY THROUGH ADULTHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chairman (as Of 4/3/23) | OfficerTrustee | 1 | $0 |
Name Not Listed V.p & Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman (thru 4/3/23), Director | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Executive Director | OfficerTrustee | 35 | $210,250 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,173 |
| Membership dues | $0 |
| Fundraising events | $237,222 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,560,613 |
| Noncash contributions included in lines 1a–1f | $909 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,811,008 |
| Total Program Service Revenue | $208,807 |
| Investment income | $30,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,483 |
| Net Income from Fundraising Events | -$56,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,021,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $904,291 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,333,116 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,445 |
| Compensation of current officers, directors, key employees. | $11,122 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $546,313 |
| Pension plan accruals and contributions | $22,914 |
| Other employee benefits | $23,872 |
| Payroll taxes | $54,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,013 |
| Fees for services: Accounting | $81,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $217,885 |
| Advertising and promotion | $29,281 |
| Office expenses | $20,626 |
| Information technology | $53,084 |
| Royalties | $0 |
| Occupancy | $7,546 |
| Travel | $168,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169,382 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,071 |
| Insurance | $6,343 |
| All other expenses | $0 |
| Total functional expenses | $3,899,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,881 |
| Savings and temporary cash investments | $1,625,006 |
| Pledges and grants receivable | $325,040 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,945 |
| Investments—publicly traded securities | $4,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $582,012 |
| Total assets | $2,675,260 |
| Accounts payable and accrued expenses | $160,111 |
| Grants payable | $75,000 |
| Deferred revenue | $7,760 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $242,871 |
| Net assets without donor restrictions | $252,691 |
| Net assets with donor restrictions | $2,179,698 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,675,260 |
Grants Awarded
Over the last fiscal year, Cerebral Palsy Foundation Inc has awarded $829,292 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HUGO W MOSER RESEARCH INSTITUTE AT KENNEDY KRIEGER PURPOSE: RESEARCH | $62,500 |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA RESEARCH INSTITUTE PURPOSE: RESEARCH | $55,048 |
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: RESEARCH | $190,000 |
UNIVERSITY OF UTAH PURPOSE: RESEARCH | $61,744 |
UNIVERSITY OF MICHIGAN PURPOSE: RESEARCH | $60,000 |
ANN & ROBERT LURIE CHILDREN'S HOSPITAL OF CHICAGO PURPOSE: RESEARCH | $42,500 |