Mpn Research Foundation
- Assets
- $7.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 36-4330967
Organization Overview
Mpn Research Foundation is located in Chicago, IL. The organization was established in 2000. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Mpn Research Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mpn 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, Mpn Research Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 5.5% 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 2015, Mpn Research Foundation has awarded 55 individual grants totaling $4,357,918. 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 PROMOTE, FUND, AND SUPPORT RESEARCH INTO CAUSES, TREATMENTS AND CURE FOR ET,PV AND MF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MPN RESEARCH FOUNDATION'S FUNDS RESEARCH INTO POLYCYTHEMIA VERA, PRIMARY MYELOFIBROSIS AND ESSENTIAL THROMBOCYTHEMIA. IN ADDITION, THE MPN RESEARCH FOUNDATION PROMOTES COLLABORATION IN THE SCIENTIFIC COMMUNITY TO ACCELERATE MPN RESEARCH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kapila Viges Chief Executive Officer | Officer | 40 | $238,015 |
Barbara Van Husen President | OfficerTrustee | 30 | $0 |
David Boule Treasurer | OfficerTrustee | 5 | $0 |
Joann Mason Secretary | OfficerTrustee | 5 | $0 |
Ed Bartholomey Director | Trustee | 2 | $0 |
Jen Bealer Director | Trustee | 2 | $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 | $2,449,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,449,825 |
| Total Program Service Revenue | $0 |
| Investment income | $121,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,570,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $238,016 |
| Compensation of current officers, directors, key employees. | $32,689 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $452,896 |
| Pension plan accruals and contributions | $15,812 |
| Other employee benefits | $67,905 |
| Payroll taxes | $45,553 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,346 |
| Fees for services: Accounting | $29,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $341,973 |
| Advertising and promotion | $151,309 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,337 |
| Travel | $4,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,450 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,009,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,780,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $292,455 |
| 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 | $2,479 |
| Net Land, buildings, and equipment | $816 |
| Investments—publicly traded securities | $5,647,215 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,450 |
| Total assets | $7,764,367 |
| Accounts payable and accrued expenses | $170,380 |
| Grants payable | $450,000 |
| 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 | $620,380 |
| Net assets without donor restrictions | $3,079,301 |
| Net assets with donor restrictions | $4,064,686 |
| 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 | $7,764,367 |
Grants Awarded
Over the last fiscal year, Mpn Research Foundation has awarded $500,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: MPN RESEARCH | $100,000 |
Saint Louis, MO PURPOSE: MPN RESEARCH | $100,000 |
Boston, MA PURPOSE: MPN RESEARCH | $100,000 |
Redwood City, CA PURPOSE: MPN RESEARCH | $100,000 |
Salt Lake City, UT PURPOSE: MPN RESEARCH | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mpn Research Foundation has recieved totaling $31,000.
| Awarding Organization | Amount |
|---|---|
Robert & Terri Cohn Family Foundation Naples, FL PURPOSE: STIMULATE ORIGINAL RESEARCH IN PURSUIT OF NEW TREATMENTS AND EVENTUALLY CURE FOR THE MPNS. | $30,000 |
Ira And Maryjo Sherman Family Foundation Inc Palm Beach Gardens, FL PURPOSE: GENERAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orthopaedic Research And Education Foundation Rosemont, IL | $25,903,586 | $3,855,378 |
Scoliosis Research Society Milwaukee, WI | $19,613,993 | $4,690,080 |
Child Neurology Education And Research Foundation Lexington, KY | $4,583,151 | $3,554,448 |
Mpn Research Foundation Chicago, IL | $7,764,367 | $2,570,885 |
Parkinson's Disease Research Society C/O Carol Santi Highland Park, IL | $0 | $653 |
Foundation For Arthroplasty Research And Education Rosemont, IL | $2,262,502 | $120,077 |
Indiana Parkinson Foundation Noblesville, IN | $162,652 | $0 |
Tri-State Multiple Sclerosis Association Inc Evansville, IN | $1,107,999 | $140,176 |
Mars Research Inc Gilbert, IA | $58,510 | $0 |
Northwestern Arthritis & Rehabiltation Institute Chicago, IL | $19,210 | $0 |
Louisville Orthopedic Research & Educational Foundation Inc Louisville, KY | $836,896 | $135,717 |
Illinois Orthopaedic Foundation Glenview, IL | $77,239 | $0 |