Snis Foundation
- Assets
- $674.4k
- Revenue
- $136.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 11/2011
- Data as of
- 12/2022
- EIN
- 27-5218293
Organization Overview
Snis Foundation is located in Fairfax, VA. The organization was established in 2011. 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. Snis 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 12/2022, Snis Foundation generated $136.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $190.7k during the year ending 12/2022. While expenses have increased by 16.2% per year over the past 8 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 2017, Snis Foundation has awarded 20 individual grants totaling $398,000. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE PATIENT CARE BY SUPPORTING THE RESEARCH AND EDUCATIONAL GOALS OF SNIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER GRANTS: IN 2022, EIGHT GRANTS WERE AWARDED TO FUND RESEARCH PROJECTS TARGETING ANEURYSM, AVM AND ISCHEMIC STROKE RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaise W Baxter MD Fsnis Chair | OfficerTrustee | 2 | $0 |
Justin Fraser MD Director | Trustee | 1 | $0 |
Matthew Gounis PHD Director | Trustee | 1 | $0 |
Marie Denslow Cae Executive Director Snis | OfficerTrustee | 5 | $0 |
Steven W Hetts MD Director | Trustee | 1 | $0 |
Jeremy J Heit MD PHD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,479 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,443 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,922 |
| Total Program Service Revenue | $0 |
| Investment income | $11,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,622 |
| Net Income from Fundraising Events | -$15,887 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175,000 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,527 |
| Fees for services: Accounting | $4,555 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $308 |
| Advertising and promotion | $0 |
| Office expenses | $6,798 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $658 |
| 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 | $337 |
| Total functional expenses | $190,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $187,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,000 |
| 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 | $1,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $382,978 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,232 |
| Total assets | $674,412 |
| Accounts payable and accrued expenses | $429 |
| Grants payable | $155,000 |
| 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 | $155,429 |
| Net assets without donor restrictions | $518,983 |
| 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 | $674,412 |
Grants Awarded
Over the last fiscal year, Snis Foundation has awarded $175,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: RESEARCH GRANT | $20,000 |
UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTON PURPOSE: RESEARCH GRANT | $20,000 |
UNIVERSITY OF WASHINGTON PURPOSE: RESEARCH GRANT | $25,000 |
UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION PURPOSE: RESEARCH GRANT | $20,000 |
UNIVERSITY OF FLORIDA BOARD OF TRUSTEES PURPOSE: RESEARCH GRANT | $25,000 |
THE CURATORS OF THE UNIVERSITY OF MISSOURI PURPOSE: RESEARCH GRANT | $20,000 |