H L Snyder Medical Foundation
- Assets
- $13.5m
- Revenue
- $662.8k
- Investments
- $87.7k
- Employees
- 1
- Location
- Winfield, KS
- Founding
- 08/2001
- Data as of
- 06/2024
- EIN
- 48-0622380
Organization Overview
H L Snyder Medical Foundation is located in Winfield, KS. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H L Snyder Medical 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 06/2024, H L Snyder Medical Foundation generated $662.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $464.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, H L Snyder Medical Foundation has awarded 83 individual grants totaling $3,091,215. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT CANCER AND OTHER MEDICAL RESEARCH, CONTRIBUTING TO LOCAL MEDICAL CHARITABLE EFFORTS AND PROVIDING SCHOLARSHIPS AND GRANTS TO DESERVING LOCAL STUDENTS PURSUING A CAREER IN MEDICALLY-RELATED FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND FELLOWSHIPS TO MAJOR UNIVERSITITES MEDICAL RESEARCH PROGRAMS. SCHOLARSHIPS AND GRANTS AWARDEED TO LOCAL WINFIELD STUDENTS PURSUING A CAREER IN A HEALTHCARE RELATED FIELD AT A VARIETY OF UNIVERSITIES AND COMMUNITY COLLEGES. ADDITIONALLY, FUNDS ARE AWARDED FOR NEEDED MEDICAL EQUIPMENT TO INSTITUTIONS THAT QUALIFY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Freeman Atty President./t | OfficerTrustee | 10 | $0 |
C David Mcdermott Atty Trustee | Trustee | $0 | |
David Andreas Atty Trustee | Trustee | $0 | |
Dennis Herlocker Atty Trustee | Trustee | $0 | |
Mark Krusor Atty Trustee | Trustee | $0 | |
Caroline Blakeslee Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $65,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,721 |
| Noncash contributions included in lines 1a–1f | $3,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,721 |
| Total Program Service Revenue | $0 |
| Investment income | $340,963 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $247,056 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $662,845 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $265,481 |
| Grants and other assistance to domestic individuals. | $98,987 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,000 |
| Pension plan accruals and contributions | $2,824 |
| Other employee benefits | $0 |
| Payroll taxes | $2,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,345 |
| Fees for services: Accounting | $5,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,273 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,070 |
| Office expenses | $286 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,151 |
| Travel | $0 |
| 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 | $4,063 |
| All other expenses | $0 |
| Total functional expenses | $463,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,311 |
| Savings and temporary cash investments | $1,471,169 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $23,479 |
| Investments—publicly traded securities | $11,832,916 |
| Investments—other securities | $87,721 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,458,596 |
| Accounts payable and accrued expenses | $117 |
| Grants payable | $150,000 |
| 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 | $8,336 |
| Total liabilities | $158,453 |
| Net assets without donor restrictions | $6,962,877 |
| Net assets with donor restrictions | $6,337,266 |
| 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 | $13,458,596 |
Grants Awarded
Over the last fiscal year, H L Snyder Medical Foundation has awarded $248,915 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DANA-FARBER CANCER INSTITUTE PURPOSE: FELLOWSHIP RESEARCH | $70,000 |
LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: FELLOWSHIP RESEARCH | $105,000 |
KANSAS UNIVERSITY ENDOWMENT ASSOC PURPOSE: FELLOWSHIP RESEARCH | $35,000 |
CITY OF WINFIELD PURPOSE: 3 VACCUM SPLITS, EQU | $10,000 |
WILLIAM NEWTON HEALTHCARE FOUNDATIO PURPOSE: CENTRAL MONITORING | $15,000 |
UNIFIED SCHOOL DISTRICT 465 PURPOSE: QTY3 AED & 1 TRAINER | $7,400 |