Saem Research Foundation
- Assets
- $12.0m
- Revenue
- $515.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Des Plaines, IL
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-2371803
Organization Overview
Saem Research Foundation is located in Des Plaines, IL. The organization was established in 2008. 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. Saem Research Foundation 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 12/2023, Saem Research Foundation generated $515.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Saem Research Foundation has awarded 107 individual grants totaling $5,189,673. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HEALTH BY INVESTING IN ACADEMIC EMERGENCY MEDICINE CAREER DEVELOPMENT, RESEARCH, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCING RESEARCH CAPABILITIES WITHIN EMERGENCY MEDICINE AND HELPING EMERGENCY PHYSICIANS DEVELOP SKILLS TO BECOME SUCCESSFUL INVESTIGATORS. GRANTS WERE AWARDED. IN 2023, THE ORGANIZATION RECEIVED $319,982 RETURN OF GRANT FUNDS THAT WERE PAID OUT IN PRIOR YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manish Shah MD MPH President Elect/president | OfficerTrustee | 1 | $0 |
J Scott Vanepps MD PHD Member At Large/president Elect | OfficerTrustee | 1 | $0 |
Ted Corbin MD Mpp Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Robert Hockberger MD Secretary-Treasurer | OfficerTrustee | 1 | $0 |
J Adrian Tyndall MD MPH President/past President | OfficerTrustee | 1 | $0 |
Paul Musey Jr MD Member At Large | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,481 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $594,757 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $613,238 |
| Total Program Service Revenue | $0 |
| Investment income | $307,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$382,925 |
| Net Income from Fundraising Events | -$26,025 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $515,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $710,162 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $150,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,931 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,849 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,520 |
| Information technology | $11,240 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,187 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,918 |
| Total functional expenses | $1,001,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,898 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $515,865 |
| Accounts receivable, net | $55,960 |
| 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 | $3 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,389,258 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,999 |
| Total assets | $12,035,983 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,101,511 |
| 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 | $126,717 |
| Total liabilities | $1,228,228 |
| Net assets without donor restrictions | $10,451,549 |
| Net assets with donor restrictions | $356,206 |
| 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 | $12,035,983 |
Grants Awarded
Over the last fiscal year, Saem Research Foundation has awarded $931,216 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
DENVER HEALTH PURPOSE: RESEARCH | $300,000 |
TRUSTEES OF INDIANA UNIVERSITY PURPOSE: RESEARCH | $150,000 |
ADVOCATE HEALTH CARE NETWORK PURPOSE: RESEARCH | $99,106 |
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: RESEARCH | $100,000 |
UNIVERSITY OF FLORIDA BOARD OF TRUSTEES PURPOSE: RESEARCH | $100,000 |
STONY BROOK UNIVERSITY PURPOSE: RESEARCH | $50,000 |