Science Unbound Foundation Inc
- Assets
- $405.8k
- Revenue
- $17.1k
- Investments
- $403.4k
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 02/2006
- Data as of
- 05/2024
- EIN
- 20-0063548
Organization Overview
Science Unbound Foundation Inc is located in Bloomington, IN. The organization was established in 2006. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, 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. Science Unbound 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 05/2024, Science Unbound Foundation Inc generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $24.7k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE DONATIONS TOTALING 250 TO QUALIFIED EDUCATION AND RESEARCH INSTITUTIONS AS ITEMIZED IN PART XIV, LINE 3A OF THIS RETURN.
CONDUCTED RESEARCH GRANT PROGRAMS FOR GRADUATE STUDENTS BASED ON THEIR OUTSTANDING RESEARCH PAPERS AS ITEMIZED IN PART XIV LINE 3A OF THE PRIOR YEAR TAX RETURN. PROGRAM SUPPORT COSTS OF 14,991 ARE INCLUDED IN THIS RETURN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Allison PHD President | 0 | $0 | |
Dr Daniel Casey Director | 0 | $0 | |
Dr Myles S Faith Director | 0 | $0 | |
Dr Kevin R Fontaine Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $404 |
| Interest on Savings | $166 |
| Dividends & Interest | $14,854 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,671 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $360 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,215 |
| Printing and publications | $0 |
| Other expenses | $3,594 |
| Total operating and administrative expenses | $24,475 |
| Contributions, gifts, grants paid | $250 |
| Total expenses and disbursements | $24,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,381 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $405,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Science Unbound Foundation Inc has awarded $55,119 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY TO THE NYNORC PURPOSE: EDUCATION | $924 |
VASSAR COLLEGE PURPOSE: EDUCATION | $924 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: EDUCATION | $924 |
JOHNS HOPKINS DEPARTMENT OF PSYCHIA PURPOSE: EDUCATION | $923 |
INDIANA UNIVERSITY SCHOOL OF PUBLIC PURPOSE: EDUCATION | $10,000 |
UNIVERSITY OF ALABAMA AT BIRMINGHAM PURPOSE: EDUCATION | $923 |