Pitt Hopkins Research Foundation
- Assets
- $1.1m
- Revenue
- $398.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Winstonsalem, NC
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 46-0770142
Organization Overview
Pitt Hopkins Research Foundation is located in Winstonsalem, NC. The organization was established in 2013. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pitt Hopkins 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 12/2023, Pitt Hopkins Research Foundation generated $398.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $599.5k during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 9 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, Pitt Hopkins Research Foundation has awarded 33 individual grants totaling $1,953,508. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PITT HOPKINS RESEARCH FOUNDATION'S MISSION IS TO SUPPORT RESEARCH DEDICATED TO FINDING A TREATMENT AND AN EVENTUAL CURE OF PITT HOPKINS SYNDROME AND OTHER SIMILAR DISORDERS. THE ORGANIZATION'S MISSION IS TO ALSO SUPPORT THE PITT HOPKINS COMMUNITY WITH RESOURCE RECOMMENDATIONS, PARENTAL SUPPORT AND THE LATEST MEDICAL INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES GRANTS TO VARIOUS ORGANIZATIONS (PRIMARILY UNIVERSITIES WITH RESEARCH PROGRAMS) TO SUPPORT RESEARCH DEDICATED TO FINDING A TREATMENT FOR PITT HOPKINS SYNDROME. IN 2023, THE ORGANIZATION MADE GRANTS TO SIX RESEARCH ORGANIZATIONS AND ENGAGED SERVICES FROM TWO ADDITIONAL ORGANIZATIONS TO CONDUCT RESEARCH RELATED TO PITT HOPKINS SYNDROME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Traci Green Director | Trustee | 3 | $0 |
Claudette Mirigliani Director | Trustee | 3 | $0 |
Diane Krell Director | Trustee | 3 | $0 |
Aimee Ramos-Martinez Director | Trustee | 3 | $0 |
Stefanie Izzi Director | Trustee | 3 | $0 |
Jessica Fletcher Vice President And Directo | OfficerTrustee | 15 | $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 | $386,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,322 |
| Total Program Service Revenue | $0 |
| Investment income | $11,628 |
| 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 | $397,950 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $334,952 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $116,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,625 |
| Fees for services: Accounting | $11,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,112 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $599,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,123,945 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,862 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,135,807 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $134,884 |
| 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 | $20,766 |
| Total liabilities | $155,650 |
| Net assets without donor restrictions | $980,157 |
| 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 | $1,135,807 |
Grants Awarded
Over the last fiscal year, Pitt Hopkins Research Foundation has awarded $334,952 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CALIFORNIA - DAVIS PURPOSE: TO SUPPORT RESEARCH PROJECTS ON PITT HOPKINS SYNDROME | $62,183 |
NATIONWIDE CHILDREN'S HOSPITAL PURPOSE: TO SUPPORT RESEARCH PROJECTS ON PITT HOPKINS SYNDROME | $131,163 |
UNIVERSITY OF CALIFORNIA - SAN DIEGO PURPOSE: TO SUPPORT RESEARCH PROJECTS ON PITT HOPKINS SYNDROME | $125,000 |
UNIVERSITY OF COLORADO DENVER PURPOSE: TO SUPPORT RESEARCH PROJECTS ON PITT HOPKINS SYNDROME | $16,606 |