Cray Medical Research Foundation
- Assets
- $5.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Atchison, KS
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 36-3193655
Organization Overview
Cray Medical Research Foundation is located in Atchison, KS. The organization was established in 1983. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Cray Medical Research Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cray 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 12/2021, Cray Medical Research Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 7 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 2016, Cray Medical Research Foundation has awarded 30 individual grants totaling $4,742,500. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LONG TERM DIABETES MELLITUS RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRAY MEDICAL RESEARCH FOUNDATION IS A MEDICAL RESEARCH FOUNDATION AS DESCRIBED IN IRC SECTION 170 (B) (1) (A) (III). THE FOUNDATION CONDUCTS LONG-TERM RESEARCH CONCERNING DIABETES MELLITUS IN CONNECTION WITH THE UNIVERSITY OF KANSAS MEDICAL CENTER. THESE AMOUNTS WERE EXPENDED FOR RESEARCH DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Robbins MD Director | Trustee | 1 | $5,000 |
Dr Kristin Grdinovac Director | Trustee | 1 | $1,800 |
Melissa Huntington President | OfficerTrustee | 1 | $0 |
Susan Robbins Treasurer | OfficerTrustee | 1 | $0 |
Cathy Scroggs Secretary | OfficerTrustee | 1 | $0 |
Karen Seaberg Vice Preside | OfficerTrustee | 1 | $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 | $180,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,000 |
| Total Program Service Revenue | $0 |
| Investment income | $159,306 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,030,246 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,369,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $940,000 |
| 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 | $39,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,863 |
| Fees for services: Other | $75 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $116,750 |
| All other expenses | $0 |
| Total functional expenses | $1,277,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $62,012 |
| 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 | $0 |
| Investments—publicly traded securities | $5,334,794 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,396,806 |
| 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 | $5,569 |
| Total liabilities | $5,569 |
| 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 | $5,391,237 |
| Total liabilities and net assets/fund balances | $5,396,806 |
Grants Awarded
Over the last fiscal year, Cray Medical Research Foundation has awarded $940,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Lawrence, KS PURPOSE: DIABETES RESEARCH | $235,000 |
Lawrence, KS PURPOSE: DIABETES RESEARCH | $235,000 |
Lawrence, KS PURPOSE: DIABETES RESEARCH | $235,000 |
Lawrence, KS PURPOSE: DIABETES RESEARCH | $235,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cray Medical Research Foundation Atchison, KS | $5,396,806 | $1,369,555 |
International Essential Tremor Foundation Lenexa, KS | $6,492,585 | $3,394,217 |
Longer Life Foundation Chesterfield, MO | $31,566 | $500,000 |
Milas Miracle Foundation Inc Boulder, CO | $652,565 | $263,834 |
Cdg Care Colorado Springs, CO | $269,968 | $266,136 |
Matthew And Andrew Akin Foundation Bridgeton, MO | $117,446 | $23,292 |
International Dyslexia Association- Rocky Mountian Branch Boulder, CO | $204,574 | $0 |
Leo And Anne Albert Institute For Bladder Cancer And Research Mission Hills, KS | $178,511 | $101,515 |
Drug & Alcohol Training Inc Norman, OK | $124,146 | $0 |
Rocky Mountain Consortium For Sports Research Edwards, CO | $407 | $0 |
Warrior William Project Imperial, MO | $36,268 | $0 |
Kilo Diabetes & Vascular Research Foundation Saint Louis, MO | $1,225,194 | -$133,894 |