Elsevier Foundation
- Assets
- $102.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 43-1976990
Organization Overview
Elsevier Foundation is located in Newton, MA. The organization was established in 2004. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Elsevier 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, Elsevier Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Elsevier Foundation has awarded 23 individual grants totaling $8,092,240. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ELSEVIER FOUNDATION MAKES GRANTS BETWEEN $5,000 - $100,000 ON A SELECTIVE BASIS TO SCIENTIFIC, TECHNICAL AND MEDICAL COMMUNITIES IN WHICH ELSEVIER EMPLOYEES LIVE & WORK
EMPLOYEE MATCHING GIFTS
NC UNIVERSITY'S JULIUS L. CHAMBERS BIOMEDICAL AND BIOTECHNIC
AAS CONFERENCE GRANT SUSTAINABLE CHEMISTERY CHALLENGE GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Balisciano Director | 0.5 | $0 | |
Dr Emilie Marcus Director | 0.5 | $0 | |
Ylann Schemm Program Director | 0.5 | $0 | |
Kenneth R Thompson II Legal Counsel | 0.5 | $0 | |
Domiziana Francescon Program Officer | 0.5 | $0 | |
Jan Herzhoff President Elsevier Global Hc | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,222,586 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,222,586 |
| 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 | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $1,345,905 |
| Total expenses and disbursements | $1,345,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,207 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $102,207 |
| 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, Elsevier Foundation has awarded $1,345,905 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ORGANIZATION GRANTS PURPOSE: RESEARCH | $1,097,451 |
EMPLOYEE MATCHING GIFTS PURPOSE: EMPLOYEE MATCHING GIFTS | $138,096 |
NC UNIVERSITYS JULIUS L CHAMBERS BIOMEDICAL AND PURPOSE: SCIENCE IMPLEMENTATION | $100,000 |
SUSTAINABLE CHEMISTRY CHALLENGE PURPOSE: SUSTAINABLE CHEMISTRY GRANT | $6,676 |
AAAS CONFERENCE PURPOSE: RESEARCH GRANT | $3,682 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Elsevier Foundation has recieved totaling $28,288.
| Awarding Organization | Amount |
|---|---|
Overlook Foundation Summit, NJ PURPOSE: LIBRARY FUNDS | $28,288 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Massmutual Foundation Inc Springfield, MA | $16,295,000 | $8,380,000 |
Brooklyn Community Foundation Brooklyn, NY | $117,862,940 | $42,787,989 |
The@macmillan Family Foundation Inc New York, NY | $313,323,783 | $55,336,840 |
Foundation For Opioid Response Efforts New York, NY | $121,364,686 | $9,522,193 |
Friends Of Ahavat Shalom Inc Monsey, NY | $3,129,424 | $10,586,531 |
Barnett & Annalee Newman Foundation Tr New York, NY | $11,118,262 | $1,105,539 |
Lone Pine Foundation Inc Greenwich, CT | $70,601,962 | $14,308,044 |
Citizen Of Burma Award Organization Inc Jackson Heights, NY | $195,993 | $9,716,460 |
Cullen Foundation Buffalo, NY | $115,865,929 | $16,357,498 |
Fiduciary Charitable Foundation Boston, MA | $117,480,981 | $103,573,534 |
Danoff Fam Private Charitable Foundation Tr Albany, NY | $116,755,274 | $33,799,667 |