Middlesex County Medical Society Foundation Inc
- Assets
- $0.0
- Revenue
- $12.8k
- Investments
- $394.2k
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 11/1964
- Data as of
- 09/2022
- EIN
- 22-1767843
Organization Overview
Middlesex County Medical Society Foundation Inc is located in Edison, NJ. The organization was established in 1964. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middlesex County Medical Society 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 09/2022, Middlesex County Medical Society Foundation Inc generated $12.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $28.7k during the year ending 09/2022. While expenses have increased by 1.2% per year over the past 7 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, Middlesex County Medical Society Foundation Inc has awarded 95 individual grants totaling $153,950. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS IN THE MEDICAL, PHARMACOLOGICAL AND NURSING FIELDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Louie MD President | 0 | $0 | |
Gerard Bargoud Rph Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,065 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $8,695 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $28,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,568 |
| Investments—mortgage loans | $0 |
| Investments—other | $394,246 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Middlesex County Medical Society Foundation Inc has awarded $20,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CEDRIC MAGAWAY PURPOSE: SCHOLARSHIP | $3,000 |
SAHIL SHAH PURPOSE: SCHOLARSHIP | $2,000 |
AFRA TRINIDAD PURPOSE: SCHOLARSHIP | $2,500 |
SUDHESHA VEMULA PURPOSE: SCHOLARSHIP | $1,500 |
ARTHRAJ VYAS PURPOSE: SCHOLARSHIP | $1,500 |
BISHOY EZZAT PURPOSE: SCHOLARSHIP | $2,500 |