Michigan State Medical Society Foundation
- Assets
- $1.6m
- Revenue
- $519.2k
- Investments
- $1.0m
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 09/1945
- Data as of
- 11/2021
- EIN
- 38-6069432
Organization Overview
Michigan State Medical Society Foundation, operating under the name Msmsf, is located in East Lansing, MI. The organization was established in 1945. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Msmsf 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 11/2021, Msmsf generated $519.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $594.3k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Msmsf has awarded 29 individual grants totaling $533,504. 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 ADVANCE THE FIELD OF HEALTH FOR THE PUBLIC GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING HEALTH EDUCATION PROJECTS THROUGHOUT THE STATE, AS WELL AS INCREASING PHYSICIAN AND PUBLIC AWARENESS OF THE FOUNDATION THROUGH ITS ANNUAL "MAKE A DIFFERENCE" INITIATIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie L Novak Vice President | OfficerTrustee | 1 | $0 |
Rebecca Blake Secretary/msmsf Executive Director | OfficerTrustee | 1 | $0 |
Cheryl Gibson Fountain MD President | OfficerTrustee | 1 | $0 |
Paul D Bozyk MD Treasurer | OfficerTrustee | 1 | $0 |
Debasish Mridha MD Trustee | Trustee | 1 | $0 |
Cindy Ackerman Trustee | Trustee | 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 | $61,921 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,921 |
| Total Program Service Revenue | $379,119 |
| Investment income | $21,610 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,266 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $519,222 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,294 |
| 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 | $17,306 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,049 |
| Fees for services: Other | $210,000 |
| Advertising and promotion | $0 |
| Office expenses | $4,229 |
| 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 | $234,466 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,101 |
| All other expenses | $4,789 |
| Total functional expenses | $594,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $437,733 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,060 |
| 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 | $0 |
| Investments—other securities | $1,024,683 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,571,476 |
| Accounts payable and accrued expenses | $164,298 |
| Grants payable | $0 |
| Deferred revenue | $850 |
| 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 | $164,936 |
| Total liabilities | $330,084 |
| Net assets without donor restrictions | $1,241,392 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,571,476 |
Grants Awarded
Over the last fiscal year, Michigan State Medical Society Foundation has awarded $95,294 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $12,850 |
Detroit, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $10,000 |
Lansing, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $10,000 |
Grand Rapids, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $10,000 |
Kalamazoo, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $10,000 |
Mount Pleasant, MI PURPOSE: HEALTH EDUCATION & SUPPORT | $9,944 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Michigan State Medical Society Foundation has recieved totaling $455,200.
| Awarding Organization | Amount |
|---|---|
Michigan Health Endowment Fund Brighton, MI PURPOSE: OPTIMIZE MEDICATION THERAPY MANAGEMENT FOR SENIORS | $280,200 |
Michigan Health Endowment Fund Brighton, MI PURPOSE: CONNECTING TREATMENT COURTS AND HEALTH PROFESSIONALS | $175,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Nlw Inc Indianapolis, IN | $24,354,480 | $8,208,239 |
Hope-Spectrum Health Cc Grand Rapids, MI | $6,650,186 | $6,358,729 |
Pink Ribbon Girls Inc Dayton, OH | $6,144,212 | $7,339,456 |
Luther Manor Foundation Inc Wauwatosa, WI | $20,836,145 | $2,234,956 |
Ability Center Of Greater Toledo Supporting Organization Toledo, OH | $52,411,136 | $2,429,782 |
Charles L Shor Foundation For Epilepsy Research Inc Cincinnati, OH | $29,683,940 | $866,273 |
New Day Foundation For Families Rochester Hills, MI | $643,990 | $1,304,199 |
Indiana Institute For Global Health Inc Indianapolis, IN | $1,014,880 | $938,036 |
Womens Dermatologic Society Milwaukee, WI | $2,777,395 | $911,169 |
Michigan State Medical Society Foundation East Lansing, MI | $1,571,476 | $519,222 |
In Cure Of Ms Carmel, IN | $84,916 | $348,988 |