Anesthesia Patient Safety Foundation
- Assets
- $16.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 12/1986
- Data as of
- 12/2021
- EIN
- 51-0287258
Organization Overview
Anesthesia Patient Safety Foundation is located in Schaumburg, IL. The organization was established in 1986. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anesthesia Patient Safety 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, Anesthesia Patient Safety Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 7 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 2014, Anesthesia Patient Safety Foundation has awarded 33 individual grants totaling $3,354,050. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE APSF'S MISSION IS TO IMPROVE THE SAFETY OF PATIENTS DURING ANESTHESIA CARE BY: IDENTIFYING SAFETY INITIATIVES AND CREATING RECOMMENDATIONS TO IMPLEMENT DIRECTLY AND WITH PARTNER ORGANIZATIONS, BEING A LEADING VOICE FOR ANESTHESIA PATIENT SAFETY WORLDWIDE, AND SUPPORTING AND ADVANCING ANESTHESIA PATIENT SAFETY CULTURE, KNOWLEDGE, AND LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO FOSTER INVESTIGATIONS THAT WILL PROVIDE A BETTER UNDERSTANDING OF PREVENTABLE ANESTHETIC INJURIES, TO ENCOURAGE PROGRAMS THAT WILL REDUCE THE NUMBER OF ANESTHETIC INJURIES, AND TO PROMOTE NATIONAL AND INTERNATIONAL COMMUNICATION OF INFORMATION AND IDEAS ABOUT THE CAUSES AND PREVENTION OF ANESTHETIC INJURIES. THE APSF IS MADE UP OF INDIVIDUALS AND CORPORATIONS INVOLVED IN ALL ASPECTS OF ANESTHESIA, AND IS A MAJOR SOURCE OF GRANTS FOR RESEARCH. THE FOUNDATION'S NEWSLETTER IS PUBLISHED THREE TIMES A YEAR AND IS DISTRIBUTED WITHOUT CHARGE TO ANESTHESOLOGSTS, NURSE ANESTHETISTS, ANESTHESIOLOGIST ASSISTANTS, AND TO THOUSANDS OF HOSPITAL ADMINISTRATORS AND GOVERNMENT OFFICIALS IN THE US, CANADA, AND OTHER VARIOUS COUNTRIES. THE APSF HAS ALSO INITIATED AND SPONSORED MANY OTHER ACTIVITIES IN FULFILLMENT OF ITS MISSION, INCLUDING SUPPORTING MEETINGS ON ANESTHESIA SAFETY AND FACILITATING DEVELOPMENT OF SIMULATORS FOR TRAINING ANESTHESIOLOGISTS IN CRISIS MANAGEMENT AS WELL AS OTHER ANESTHESIA MANAGEMENT PROBLEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie P Stiegler MD Director | Trustee | 5 | $40,000 |
Steven B Greenberg MD Fccp Fccm Secretary | Officer | 10 | $26,200 |
Jeffrey M Feldman MD Mse Director | Trustee | 2 | $2,900 |
Della M Lin Ms MD Fasa Director | Trustee | 1 | $1,200 |
Joshua Lea Dnp MBA Crna Director | Trustee | 1 | $1,200 |
Dru Riddle PHD Dnp Crna Director | Trustee | 2 | $800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Royal Palms Apsf September Stoelting Conference | 12/30/21 | $237,372 |
Language Line Translation Solutions Translation Of Newsletters | 12/30/21 | $118,308 |
Edens Works Wesbsite Hosting And Consulting Services | 12/30/21 | $176,818 |
Moser Strategy Group Fundraising Services | 12/30/21 | $115,817 |
Mayo Clinic Executive Office Support And Website Hon | 12/30/21 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $340,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,093,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,433,646 |
| Total Program Service Revenue | $0 |
| Investment income | $163,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $792,293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,466,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $655,342 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,700 |
| Compensation of current officers, directors, key employees. | $27,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,231 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,000 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $12,769 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,134 |
| Fees for services: Other | $643,153 |
| Advertising and promotion | $2,158 |
| Office expenses | $20,998 |
| Information technology | $172,842 |
| Royalties | $0 |
| Occupancy | $7,864 |
| Travel | $204,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $202,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,265,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,101 |
| Savings and temporary cash investments | $2,833,872 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,664 |
| 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 | $82,542 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $12,750,635 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,092,814 |
| Accounts payable and accrued expenses | $38,710 |
| Grants payable | $75,000 |
| Deferred revenue | $120,000 |
| 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 | $54,271 |
| Total liabilities | $287,981 |
| Net assets without donor restrictions | $15,509,467 |
| Net assets with donor restrictions | $295,366 |
| 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 | $16,092,814 |
Grants Awarded
Over the last fiscal year, Anesthesia Patient Safety Foundation has awarded $654,590 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: APSF/MEDTRONIC RESEARCH AWARD ($149,998) AND APSF ELLISON C. PIERCE MD MERIT AWARD ($5,000) - DR. VESELA KOVACHEVA | $154,998 |
SUNNYBROOK RESEARCH INSTITUTE PURPOSE: APSF/ASA PRESIDENT RESEARCH AWARD - DR. STEPHEN CHOI | $150,000 |
NORTHWESTERN UNIVERSITY PURPOSE: APSF RESEARCH AWARD - DR. PALOMA TOLEDO | $149,592 |
Evanston, IL PURPOSE: DOCTORS COMPANY FOUNDATION GRANT AWARD | $50,000 |
New York, NY PURPOSE: DOCTORS COMPANY FOUNDATION GRANT AWARD | $50,000 |
Denver, CO PURPOSE: DOCTORS COMPANY FOUNDATION GRANT AWARD | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Anesthesia Patient Safety Foundation has recieved totaling $374,659.
| Awarding Organization | Amount |
|---|---|
American Society Of Anesthesiologists Schaumburg, IL PURPOSE: OPERATION SUPPORT | $340,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $15,000 |
Minnesota Society Of Anesthesiologists Milwaukee, WI PURPOSE: GENERAL SUPPORT | $8,580 |
The American Academy Of Anesthesiologists Assistants Inc Middleton, WI PURPOSE: CONTRIBUTION | $5,500 |
Organization Name not Listed PURPOSE: CONTINUALLY IMPROVE SAFETY OF PATIENTS BY CONDUCTING SAFETY RESEARCH AND EDUCATION. | | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $579 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regenstrief Foundation Inc Indianapolis, IN | $0 | $6,850,830 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Wicell Research Institute Inc Madison, WI | $4,969,313 | $7,939,160 |
American Burn Association Inc Chicago, IL | $2,908,439 | $4,571,563 |
Dermatology Foundation Evanston, IL | $62,543,237 | $7,135,637 |
Foundation For Anesthesia Education And Research Schaumburg, IL | $35,213,980 | $3,655,249 |
Angelman Syndrome Foundation Inc Aurora, IL | $2,249,648 | $3,676,179 |
American Academy Of Sleep Medicine Foundation Darien, IL | $17,841,323 | $3,412,660 |
Anesthesia Patient Safety Foundation Schaumburg, IL | $16,092,814 | $2,466,002 |
Orthopaedic Research Society Rosemont, IL | $7,471,451 | $2,301,601 |
The Knee Society Inc Schaumburg, IL | $4,620,112 | $1,876,790 |
Oral And Maxillofacial Surgery Foundation Rosemont, IL | $19,223,310 | $2,359,091 |