Ase Education And Research Foundation Inc

Organization Overview

Ase Education And Research Foundation Inc is located in Durham, NC. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ase Education And Research Foundation 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 12/2023, Ase Education And Research Foundation Inc generated $250.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $307.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS FOR THOSE INTERESTED IN THE FIELD OF ECHOCARDIOGRAPHY AND HEALTHCARE AND FUND OTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC ACTIVITIES RELATED TO THE FIELD OF ECHOCARDIOGRAPHY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND GRANTS FOR STUDENTS AND MEMBERS TO PURSUE FURTHER EDUCATION IN THE FIELD OF ECHOCARDIOGRAPHY.


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Board, Officers & Key Employees

Name (title)Compensation
James Kirkpatrick MD Fase
Chair
$0
David Wiener MD Fase
Vice Chair
$0
Theodore Abraham MD Fase
Vice Chair
$0
Cynthia Taub MD Fase
Treasurer
$0
Jonathan Lindner MD Fase
Board Member
$0
Nausheen Akhter MD Fase
Board Member
$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$185,035
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$185,035
Total Program Service Revenue$0
Investment income $45,429
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$74,656
Net Income from Fundraising Events $86,717
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $250,686

Grants Awarded

Over the last fiscal year, Ase Education And Research Foundation Inc has awarded $75,000 in support to 3 organizations.

Grant RecipientAmount

JOHNS HOPKINS UNIVERSITY

PURPOSE: Research Travel Grant

$25,000

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

PURPOSE: Research Travel Grant

$25,000

MAYO CLINIC

PURPOSE: Research Travel Grant

$25,000
View Grant Profile

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