Ben And Catherine Ivy Foundation
- Assets
- $302.4m
- Revenue
- $13.0m
- Investments
- $238.2m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 05/2007
- Data as of
- 12/2019
- EIN
- 20-3968546
Organization Overview
Ben And Catherine Ivy Foundation is located in Scottsdale, AZ. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
Since 2019, Ben And Catherine Ivy Foundation has awarded 20 individual grants totaling $7,574,767. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine E Ivy President | 60 | $304,794 | |
Megan Edwards Treasurer | 1 | $0 | |
Stephanie Mcrae ESQ Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,047 |
| Interest on Savings | $1,146,779 |
| Dividends & Interest | $4,811,801 |
| Net Rental Income | $60,680 |
| Net Gain on Sale of Assets | $6,869,996 |
| Capital Gain Net Income | $6,869,996 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,069 |
| Total Revenue | $12,975,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $313,266 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,659 |
| Interest | $0 |
| Taxes | $361,227 |
| Depreciation | $4,888 |
| Occupancy | $77,415 |
| Travel, conferences, and meetings | $38,107 |
| Printing and publications | $9,158 |
| Other expenses | $163,052 |
| Total operating and administrative expenses | $1,672,136 |
| Contributions, gifts, grants paid | $7,574,767 |
| Total expenses and disbursements | $9,246,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,802,092 |
| 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 | $2,296,477 |
| Investments—mortgage loans | $0 |
| Investments—other | $238,127,991 |
| Net Land, buildings, and equipment | $21,682 |
| Other assets | $3,203 |
| Total assets | $302,350,252 |
| 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 | $9,207 |
| Total liabilities | $9,207 |
Grants Awarded
Over the last fiscal year, Ben And Catherine Ivy Foundation has awarded $7,574,767 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
TRANSLATIONAL GENOMICS RESEARCH TGE PURPOSE: NEUROLOGICAL SCIENCES INTERNSHIP PROGRAM AT TGEN DESIGNED TO GIVE HIGH SCHOOL AND UNDERGRADUATE STUDENTS INTENSIVE, HANDS-ON RESEARCH EXPERIENCE WORKING ALONGSIDE A MENTOR-SCIENTIST TO LEARN ABOUT TRANSLATIONAL RESEARCH WHILE INVESTIGATING QUESTIONS WITHIN NEUROLOGICAL SCIENCES. | $122,304 |
STANFORD UNIVERSITY PURPOSE: YEAR 1 OF 3 YEAR AWARD: IMAGING TUMOR METABOLISM IN GBM PATIENTS TO HELP OPTIMIZE ANTI-TUMOR THERAPIES. THE ABILITY TO MONITOR PKM2, A KEY REGULATOR OF GBM METABOLISM, ALLOWS POTENIAL MONITORING ESSENTIAL TO EARLY THERAPY RESPONSE. | $1,024,920 |
SWEDISH MEDICAL CENTER PURPOSE: FINAL PAYMENT THERAPEUTIC TARGETING OF MICROENVIRONMENTS WHICH WILL LEVERAGE THE IVY GLIOBLASTOMA ATLAS PROJECT TO IDENTIFY CANCER STEM CELL AND IMMUNE CELL COMPARTMENTS AND TO FUNCTIONALLY CHARACTERIZE AND TARGET THE CELLS IN THE CONTEXT OF THEIR MICROENVIRONMENTS. | $413,000 |
MAYO CLINIC PURPOSE: YEAR 4 OF 4 YEAR AWARD:AIM TO DRIVE CLINICAL DISCOVERY THROUGH OPTIMIZED MATHEMATICAL NEURO-ONCOLOGY RESPONSE METRICS BY CONNECTING PATIENT-SPECIFIC TREATMENT RESPONSE TO PATIENT SPECIFIC BENEFIT. | $500,000 |
ARCS FOUNDATION PURPOSE: ADVANCE SCIENCE AND TECHNOLOGY IN THE UNITED STATES BY PROVIDING AWARDS TO ACADEMICALLY OUTSTANDING US CITIZENS STUDYING TO COMPLETE DEGREES IN SCIENCE, ENGINEERING AND MEDICAL RESEARCH. | $17,300 |
ARIZONA WOMEN'S BOARD PURPOSE: PREVENTION OF KIDNEY DISEASE THROUGH AWARENESS, EDUCATION AND RESEARCH. | $300 |