Kalis Cure For Paralysis Foundation Inc

Organization Overview

Kalis Cure For Paralysis Foundation Inc is located in Alma, MI. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalis Cure For Paralysis 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 12/2022, Kalis Cure For Paralysis Foundation Inc generated $167.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $102.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Kalis Cure For Paralysis Foundation Inc has awarded 20 individual grants totaling $1,132,522. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FUNDING TO HOSPITALS AND REHABILITATION FACILITIES TREATING PATIENTS SUFFERING SPINAL CORD INJURIES. ALSO, TO PROVIDE FUNDING FOR RESEARCH AND RESEARCH FACILITIES STUDYING AND SPECIALIZING IN PROGRAMS LEADING TO TREATMENT OF INJURIES AND DISEASE OF THE SPINAL CORD RESULTING IN PARALYSIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE PROVIDED RESEARCH FUNDING TO HOSPITALS AND REHABILITATION FACILITIES TREATING PATIENTS SUFFERING SPINAL CORD INJURIES.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Ann Becker
Director
$0
Michael W Pung Jr
President
$0
L Douglas Lippert
Director
$0
John Morgan
Director
$0
Michael Mumford
Director
$0
James O'neal
Director
$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$171,480
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$171,480
Total Program Service Revenue$0
Investment income $2,096
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$6,046
Miscellaneous Revenue$0
Total Revenue $167,530

Grants Awarded

Over the last fiscal year, Kalis Cure For Paralysis Foundation Inc has awarded $100,000 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY HOSPITALS

PURPOSE: RESEARCH

$50,000

RIM FOUNDATION

PURPOSE: RESEARCH

$50,000
View Grant Profile

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