Mayfield Education And Research Fund is located in Cincinnati, OH. The organization was established in 1979. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayfield Education And Research Fund 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 09/2021, Mayfield Education And Research Fund generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $440.7k during the year ending 09/2021. While expenses have increased by 2.0% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH & EDUCATION IN THE FIELDS OF NEUROSCIENCE & NEUROSURGERY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH & EDUCATION IN THE FIELDS OF NEUROSCIENCE & NEUROSURGERY
NEUROSCIENCE RESEARCH & EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William D Tobler MD President | OfficerTrustee | 0.5 | $0 |
Robert Rich ESQ Secretary | Officer | 0.25 | $0 |
Michael J Radomski Treasurer | Officer | 1 | $0 |
Andrew J Ringer MD Trustee | Trustee | 0.25 | $0 |
Laura Guggenheim Trustee | Trustee | 0.25 | $0 |
James J Mcgraw Jr ESQ Trustee | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $20,000 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $405,370 |
Noncash contributions included in lines 1a–1f | $9,328 |
Total Revenue from Contributions, Gifts, Grants & Similar | $425,370 |
Total Program Service Revenue | $253,706 |
Investment income | $145,916 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $55,000 |
Net Rental Income | $24,448 |
Net Gain/Loss on Asset Sales | $223,133 |
Net Income from Fundraising Events | -$5,192 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,122,381 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,268 |
Fees for services: Accounting | $450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $36,504 |
Fees for services: Other | $17,369 |
Advertising and promotion | $0 |
Office expenses | $9,399 |
Information technology | $8,514 |
Royalties | $0 |
Occupancy | $113,622 |
Travel | $2,919 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,090 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $55,590 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $440,664 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $540,081 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $290,600 |
Investments—publicly traded securities | $3,985,954 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,816,635 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $4,816,635 |
Total liabilities and net assets/fund balances | $4,816,635 |
Over the last fiscal year, Mayfield Education And Research Fund has awarded $166,818 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
INDIANA UNIVERSITY-IUPUI PURPOSE: FUNDING SUPPORT | $59,318 |
Columbus, OH PURPOSE: FUNDING SUPPORT | $51,000 |
WRIGHT STATE UNIVERSITY PURPOSE: FUNDING SUPPORT | $48,500 |
TRIHEALTH THINKFIRST PREVENTION PURPOSE: FUNDING SUPPORT | $8,000 |
Over the last fiscal year, we have identified 4 grants that Mayfield Education And Research Fund has recieved totaling $11,534.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,500 |
St Elizabeth Medical Center Inc Edgewood, KY PURPOSE: Program Support | $5,000 |
Heidt Family Foundation Cincinnati, OH PURPOSE: ADVANCING THE CARE OF BRAIN AND SPINE DISORDERS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Organization Name | Assets | Revenue |
---|---|---|
Fort Wayne Medical Society Foundation Inc Fort Wayne, IN | $12,399,557 | $11,660,059 |
Bronson Health Foundation Inc Kalamazoo, MI | $27,907,141 | $12,701,155 |
Matthew 25 Inc Fort Wayne, IN | $8,169,823 | $7,820,426 |
Michigan Peer Review Organization Farmington Hills, MI | $9,724,348 | $6,482,241 |
Academy Of Communication In Healthcare Inc Lexington, KY | $2,030,393 | $1,262,328 |
Susan P Byrnes Health Education Center Inc York, PA | $10,337,919 | $2,572,524 |
Caylor Nickel Foundation Inc Bluffton, IN | $5,945 | $508,743 |
Greater Detroit Area Health Council Inc Novi, MI | $54,331 | $612,804 |
Holzer Foundation Gallipolis, OH | $7,570,576 | $202,523 |
Mayfield Education And Research Fund Cincinnati, OH | $4,816,635 | $1,122,381 |
Allegheny County Medical Society Foundation Wm Weisser Et Al Truste Pittsburgh, PA | $7,161,564 | $400,805 |
American College Of Physicians Cincinnati, OH | $350,857 | $0 |