Dr Edward B Shils Entrepreneurial Fund Inc
- Assets
- $338.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Syosset, NY
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 45-2496259
Organization Overview
Dr Edward B Shils Entrepreneurial Fund Inc is located in Syosset, NY. The organization was established in 2012. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Edward B Shils Entrepreneurial Fund 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, Dr Edward B Shils Entrepreneurial Fund Inc generated $118.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $70.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Dr Edward B Shils Entrepreneurial Fund Inc has awarded 11 individual grants totaling $118,200. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE DR. EDWARD B. SHILS ENTREPRENURIAL FUND, INC. ( SHILS FUND)IS COMMITTED TO FURTHERING THE VISION OF DR, EDWARD B. SHILS WHO WAS A PIONEER OF ENTREPRENEURSHIP. THE ORGANIZATION ENDEAVORS TO INSPIRE AND ENABLE NEW GENERATIONS OF ENTREPRENEURS AND RECOGNIZES THOSE INDIVIDUALS, ORGANIZATIONS, AND PROGRAMS THAT POSITIVELY INFLUENCED THE DENTAL AND MEDICAL COMMUNITY IN THE PUBLIC HEALTH ARENA.IN 2022 THE SHILS UND HAD IT 20TH ANNIVERISARY AND PARTNERSHIP AWATD WHERE 4 WINNERS WHO WERE MENTORED BY BOARD MEMBERS RECEIVED AWARDS FOR THEIR WORK IN THE WORLD OD DENTISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven W Kess Past President | 5 | $0 | |
Dr Allen Finkelstein Director | 5 | $0 | |
Anthony G Montemurro Director | 5 | $0 | |
Henry L Berman Director | 5 | $0 | |
Dr Lawrence Caplin Director | 5 | $0 | |
Dr Teresa A Dolan Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,391 |
| Gain or Loss | $3,889 |
| Net Income from Gaming & Fundraising | $63,893 |
| Other Revenue | $0 |
| Total Revenue | $118,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $51,755 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,309 |
| Other expenses | $11,221 |
| Total expenses | $70,285 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,191 |
| Other assets | $0 |
| Total assets | $338,509 |
| Total liabilities | $0 |
| Net assets or fund balances | $338,509 |
Grants Awarded
Over the last fiscal year, Dr Edward B Shils Entrepreneurial Fund Inc has awarded $25,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY SCHEIN FOUNDATION PURPOSE: MASK CAMPAIGN 2020 | $5,000 |
ALLIANCE FOR ORAL HEALTH ACROSS BORDERS PURPOSE: STUDENT AWARDS PROGRAM | $10,000 |
DENTAL INNOVATORS CREATORS & ENTREPENEURS (DICE) PURPOSE: 2020 FOUNDING SPONSORSHIP | $10,000 |