Columbus Medical Research Foundation
- Assets
- $812.5k
- Revenue
- $137.0k
- Investments
- $720.2k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 10/1960
- Data as of
- 12/2022
- EIN
- 31-4426628
Organization Overview
Columbus Medical Research Foundation is located in Columbus, OH. The organization was established in 1960. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, 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. Columbus Medical 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 12/2022, Columbus Medical Research Foundation generated $137.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $59.8k during the year ending 12/2022. While expenses have increased by 5.2% 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 2015, Columbus Medical Research Foundation has awarded 30 individual grants totaling $307,185. 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
ISSUED FIVE GRANTS FOR MEDICAL RESEARCH, SEMINARS AND EDUCATION WITH FOCUS ON ARTHRITIS AND RHEUMATOLOGY.
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 |
|---|---|---|---|
F Donald Rothermich Chair/presid | 1 | $0 | |
Elizabeth A Tschosik Vice Preside | 1 | $0 | |
Margaret M Vanderbrook Secretary/tr | 1 | $0 | |
Denison Neale Jr Board Member | 1 | $0 | |
Stacy Ardoin MD Board Member | 1 | $0 | |
Thomas J Bonasera Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,683 |
| Interest on Savings | $87 |
| Dividends & Interest | $8,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,110 |
| Capital Gain Net Income | $92,110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,025 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,800 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $59,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,280 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $720,239 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $812,519 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Columbus Medical Research Foundation has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ARTHRITIS FOUNDATION OF CENTRAL OHI PURPOSE: PROGRAMS ENTITLED "ARTHRITIS EXPO" | $10,000 |
THE OHIO STATE UNIVERSITY PURPOSE: IMMUNOLOGY SEMINAR PROGRAM | $5,000 |
THE OHIO STATE UNIVERSITY PURPOSE: RESEARCH STUDY: KNEE OSTEOARTHRITIS | $10,000 |
THE OHIO STATE UNIVERSITY PURPOSE: RESEARCH STUDY -STABILIN-1 IN RA | $15,000 |
THE OHIO STATE UNIVERSITY PURPOSE: RESEARCH STUDY: GLOMERULONEPHRITIS | $15,000 |