Genetic Disease Foundation Inc
- Assets
- $90.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parsippany, NJ
- Founding
- 01/1955
- Data as of
- 10/2022
- EIN
- 13-6151644
Organization Overview
Genetic Disease Foundation Inc is located in Parsippany, NJ. The organization was established in 1955. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genetic Disease 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 10/2022, Genetic Disease Foundation Inc generated $499.0 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 (42.3%) each year. All expenses for the organization totaled $4.9k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Genetic Disease Foundation Inc has awarded 11 individual grants totaling $590,000. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RESEARCHGDF RAISES MONEY TO HELP ENABLE ADVANCEMENTS IN IDENTIFYING THE GENETIC BASIS OF MANY DISEASES. FUNDS HAVE ALSO CONTRIBUTED TO ENHANCING CARRIER TESTING, FOSTERING GREATER PHYSICIAN/PUBLIC AWARENESS OF GENETIC DISORDERS AND ENDOWING THE FRANCIS CRICK PROFESSORSHIP OF HUMAN GENETICS AT THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI.PROMOTE EDUCATIONAL AWARENESS OF THE GENETIC DISEASE PREVENTION AND TREATMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Heiman Treasurer | 1 | $0 | |
Elisa Ross President | 1 | $0 | |
Samara Heiman Secretary | 1 | $0 | |
Lorie Broser Exec. Board Member | 1 | $0 | |
Chris Mcbride Exec. Board Member | 1 | $0 | |
Kelly Edwards Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $488 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,190 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,702 |
| Total expenses | $4,892 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,723 |
| Other assets | $0 |
| Total assets | $90,723 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,723 |
Grants Awarded
Over the last fiscal year, Genetic Disease Foundation Inc has awarded $220,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SCHOLARSHIP PROGRAM | $110,000 |
Ann Arbor, MI PURPOSE: WOMENS HEALTH INNOVATION, AWARENCE AND RESEARCH | $101,000 |
Pomona, NY PURPOSE: EDUCATION & SCREENING | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Genetic Disease Foundation Inc has recieved totaling $1,800.
| Awarding Organization | Amount |
|---|---|
The Mark And Jane Wilf Family Foundation Inc Short Hills, NJ PURPOSE: GENERAL SUPPORT | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Nicholas J And Anna K Bouras Summit, NJ | $115,819,881 | $10,500,209 |