Indiana Pathology Endowment Inc
- Assets
- $10.0m
- Revenue
- $1.3m
- Investments
- $9.9m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/1975
- Data as of
- 12/2021
- EIN
- 35-1331530
Organization Overview
Indiana Pathology Endowment Inc is located in Indianapolis, IN. The organization was established in 1975. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Pathology Endowment 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 12/2021, Indiana Pathology Endowment Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $657.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND MEDICAL RESEARCH PROGRAMS AND EMPLOYMENT OF TEACHING AND OTHER PERSONNEL NECESSARY TO ACCOMPLISH THE GOAL OF THE DEPARTMENT OF PATHOLOGY AND LABORATORY MEDICINE OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Muhammad T Idrees MD Chairman | 2 | $0 | |
James W Smith MD Vice President | 2 | $0 | |
Xiao-Ming Yin MD Secretary | 2 | $0 | |
Robert E Emerson MD Treasurer | 2 | $0 | |
Eyas Hattab MD President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $259,793 |
| Interest on Savings | $0 |
| Dividends & Interest | $332,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $745,191 |
| Capital Gain Net Income | $745,191 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,337,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $3,200 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,649 |
| Total operating and administrative expenses | $99,897 |
| Contributions, gifts, grants paid | $558,000 |
| Total expenses and disbursements | $657,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,877 |
| 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 | $9,931,024 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,984,901 |
| 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, Indiana Pathology Endowment Inc has awarded $558,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IU FOUNDATION DAVID GRIGNON LECTORSHIP PURPOSE: FUNDS DESIGNATED FOR DAVID GRIGNON LECTORSHIP | $250,000 |
IU FOUNDATION LOUIS MAZZINI LECTORSHIP PURPOSE: FUNDS DESIGNATED FOR LOUIS MAZZINI LECTORSHIP | $250,000 |
Indianapolis, IN PURPOSE: FUNDS DESIGNATED FOR THE INDIANA MEDICAL HISTORY MUSEUM | $58,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
West Michigan Cancer Center Kalamazoo, MI | $48,096,612 | $92,880,121 |
American Diabetes Association Inc Arlington, VA | $186,412,830 | $138,165,721 |
Muscular Dystrophy Association Chicago, IL | $71,915,435 | $63,707,273 |
Michigan Health Endowment Fund Brighton, MI | $367,711,952 | $101,875,561 |
Siouxland Regional Cancer Center Sioux City, IA | $22,869,484 | $57,761,612 |
Equitas Health Inc Columbus, OH | $58,548,069 | $67,486,506 |
American Board Of Family Medicine Inc Lexington, KY | $185,304,268 | $55,757,459 |
The Oak Clinic Uniontown, OH | $24,583,868 | $55,899,604 |
Radiological Society Of North America Inc Oak Brook, IL | $185,391,800 | $68,158,260 |
American Society Of Anesthesiologists Schaumburg, IL | $127,402,745 | $57,130,862 |