New Vision Research
- Assets
- $135.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Mt Pleasant, SC
- Founding
- 08/2014
- Data as of
- 06/2022
- EIN
- 46-2840795
Organization Overview
New Vision Research is located in Mt Pleasant, SC. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. New Vision Research 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 06/2022, New Vision Research generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Vision Research has awarded 29 individual grants totaling $2,006,007. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARLESTON CONFERENCE ON ALZHEIMER'S DISEASE (CCAD) - THE CCAD ATTENDEES ARE EARLY-CAREER SCIENTISTS WHO HAVE INNOVATIVE IDEAS ON HOW TO DEFEAT ALZHEIMER'S DISEASE (AD). DUE TO THE COVID-19 PANDEMIC, THE CONFERENCE WAS NOT HELD THIS YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph A Helpern Chairman & President | 40 | $400,000 | |
Charles C Dorego Director | 5 | $0 | |
Mark C Gelnaw Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,251,746 |
| Interest on Savings | $36 |
| 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 | $1,251,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $400,000 |
| Other employee salaries and wages | $64,080 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,927 |
| Depreciation | $939 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $256,008 |
| Printing and publications | $71 |
| Other expenses | $12,177 |
| Total operating and administrative expenses | $781,254 |
| Contributions, gifts, grants paid | $972,000 |
| Total expenses and disbursements | $1,753,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $124,011 |
| 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 | $9,327 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,057 |
| Other assets | $0 |
| Total assets | $135,395 |
| Accounts payable and accrued expenses | $391,798 |
| 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 | $391,798 |
Grants Awarded
Over the last fiscal year, New Vision Research has awarded $972,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MEDICAL UNIVERSITY OF SOUTH CAROLINA PURPOSE: AWARD | $520,000 |
RESEARCH FOUND FOR MENTAL HYGIENE INC PURPOSE: AWARD | $300,000 |
WASHINGTON UNIVERSITY PURPOSE: AWARD | $100,000 |
UNIVERSITY OF CALIFORNIA IRVINE PURPOSE: AWARD | $50,000 |
New York, NY PURPOSE: AWARD | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
Educational Facilities Corporationfor Lexington School District No 2 West Columbia, SC | $17,713,387 | $2,158,056 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
New Vision Research Mt Pleasant, SC | $135,395 | $1,251,782 |
The Triad Health Project Greensboro, NC | $661,078 | $1,457,249 |
Blowing Rock Charity Horse Show Foundation Inc Blowing Rock, NC | $3,907,755 | $1,476,671 |
Uncommon Charitable Impact Inc Charleston, SC | $15,133,693 | $15,666,824 |
Robert M Levy And Diane V S Levy Family Foundation Richmond Hill, GA | $13,436,548 | $2,614,646 |