Ats Foundation Inc
- Assets
- $0.0
- Revenue
- $224.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2007
- Data as of
- 07/2020
- EIN
- 20-2138855
Organization Overview
Ats Foundation Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. Ats 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 07/2020, Ats Foundation Inc generated $224.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.6%) each year. All expenses for the organization totaled $8.5m during the year ending 07/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ats Foundation Inc has awarded 120 individual grants totaling $6,930,000. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ATS FOUNDATION SUPPORTS THE ATS MISSION BY FUNDING RESEARCH, EDUCATION, AND TRAINING TO PREVENT, TREAT, AND CURE RESPIRATORY DISEASES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ATS FOUNDATION PARTNERS WITH INDIVIDUALS, NON-PROFIT LUNG-RELATED RESEARCH PARTNERS, PUBLIC INTEREST ORGANIZATIONS, INDUSTRY, AND OTHER ALLIED ORGANIZATIONS TO SUPPORT THE FULL SPECTRUM OF RESEARCH, FROM BASIC SCIENCE TO HEALTH CARE DELIVERY AND PUBLIC HEALTH, AS WELL AS TRAINING AND EDUCATION FOR SCIENTISTS, CLINICIANS, PATIENTS, AND PATIENT ORGANIZATIONS. THE ATS FOUNDATION HAS A VISION THAT STRIVES TO PRESERVE AND IMPROVE THE RESPIRATORY HEALTH OF ALL PEOPLE GLOBALLY THROUGH ITS STRATEGIC INVESTMENTS IN THE FULL SPECTRUM OF RESEARCH, EDUCATION, AND TRAINING. THE ATS FOUNDATION MEASURES THE SUCCESS OF ITS EFFORTS BY THE BENEFITS PROVIDED TO PATIENTS, THEIR FAMILIES, AND COMMUNITIES WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Collishaw Executive Director | Officer | 2 | $0 |
Juan Celedon Trustee | Trustee | 2 | $0 |
Gerard Criner Trustee | Trustee | 2 | $0 |
Dean E Schraufnagel Chair | OfficerTrustee | 2 | $0 |
Linda Nici Vice Chair | OfficerTrustee | 2 | $0 |
Nicholas S Hill Secretary-Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,210 |
| Total Program Service Revenue | $0 |
| Investment income | $7,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,158,447 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,608 |
| Fees for services: Accounting | $50,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,493 |
| Fees for services: Other | $3,850 |
| Advertising and promotion | $0 |
| Office expenses | $7,851 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $271,314 |
| Total functional expenses | $8,517,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Ats Foundation Inc has awarded $470,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM & WOMEN'S HOSPITAL PURPOSE: RESEARCH | $40,000 |
MASSACHUSETTS GENERAL HOSIPITAL PURPOSE: RESEARCH | $80,000 |
NEMOURSALFRED I DUPONT HOSPITAL FOR CHILDREN PURPOSE: RESEARCH | $40,000 |
UNIVERSITY OF CALIFORNIA - SAN FRANCISCO PURPOSE: RESEARCH | $90,000 |
UNIVERSITY OF CALIFORNIA SAN DIEGO PURPOSE: RESEARCH | $40,000 |
UNIVERSITY OF CHICAGO PURPOSE: RESEARCH | $80,000 |