Surgo Foundation Us
- Assets
- $88.6m
- Revenue
- $13.2m
- Investments
- $87.3m
- Employees
- 0
- Location
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 61-1733092
Organization Overview
Surgo Foundation Us is located in null. The organization was established in 2014. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Surgo Foundation Us 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, Surgo Foundation Us generated $13.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 51.9% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 5 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 2020, Surgo Foundation Us has awarded 19 individual grants totaling $10,114,544. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGO VENTURESTHE DONATION TO SURGO VENTURES INC. WAS TO SUPPORT PROJECTS WHICH ARE CHARITABLE UNDER THE LAW OF ENGLAND ANDWALES, INCLUDING BUT NOT LIMITED TO THOSE PURSUING THE RELIEF OF POVERTY, THE ADVANCEMENT OF HEALTH AND SAVING OFLIVES, AND THE ADVANCEMENT OF EDUCATION.
HARVARD UNIVERSITYTHE DONATION TO HARVARD UNIVERSITY WAS TO SUPPORT THE ARIADNE LABS CORE OPERATIONS FUND AND TO SUPPORT THETRAINING OF FRONT-LINE WORKERS IN RELATION TO MENTAL HEALTH PROBLEMS.
THE STUDIO MUSEUM IN HARLEMTO SUPPORT THE ADVANCEMENT OF THE ARTS.
UPSTREAM INCTO SUPPORT THE ADVANCEMENT OF HEALTH, THE CHARITY WORKS IN PARTNERSHIP WITH HEALTH CENTRES TO STRENGTHEN REPRODUCTIVE CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Haarmann Trustee | 1 | $0 | |
Emmanuel Roman Trustee | 0.1 | $0 | |
Mala Gaonkar Trustee | 5 | $0 | |
Malcolm Gladwell Trustee | 0.1 | $0 | |
Amy Collins Officer | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,150,432 |
| Interest on Savings | $17 |
| 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 | $13,150,449 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $108,629 |
| Total operating and administrative expenses | $130,440 |
| Contributions, gifts, grants paid | $5,824,542 |
| Total expenses and disbursements | $5,954,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,266,020 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $123 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $87,299,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $88,565,551 |
| Accounts payable and accrued expenses | $0 |
| 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 | $120,663 |
| Total liabilities | $120,663 |
Grants Awarded
Over the last fiscal year, Surgo Foundation Us has awarded $5,824,542 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: THE DONATION TO SURGO VENTURES INC. WAS TO SUPPORT PROJECTS WHICH ARE CHARITABLE UNDER THE LAW OF ENGLAND AND WALES, INCLUDING BUT NOT LIMITED TO THOSE PURSUING THE RELIEF OF POVERTY, THE ADVANCEMENT OF HEALTH AND SAVING OF LIVES, AND THE ADVANCEMENT OF EDUCATION. | $5,570,242 |
Cambridge, MA PURPOSE: THE DONATION TO HARVARD UNIVERSITY WAS TO SUPPORT THE ARIADNE LABS CORE OPERATIONS FUND AND TO SUPPORT THE TRAINING OF FRONT-LINE WORKERS IN RELATION TO MENTAL HEALTH PROBLEMS. | $100,000 |
New York, NY PURPOSE: TO SUPPORT THE ADVANCEMENT OF THE ARTS. | $92,800 |
UPSTREAM INC PURPOSE: TO SUPPORT THE ADVANCEMENT OF HEALTH, THE CHARITY WORKS IN PARTNERSHIP WITH HEALTH CENTRES TO STRENGTHEN REPRODUCTIVE CARE. | $25,000 |
New York, NY PURPOSE: DONATION TOWARDS THE TATE NORTH AMERICAN ACQUISITION COMMITTEE. | $15,000 |
AAPI USA PURPOSE: THE ADVANCEMENT OF HEALTH, WITH A FOCUS ON ENABLING INDIAN AMERICAN PHYSICIANS TO EXCEL IN PATIENT CARE, TEACHING AND RESEARCH AND TO PURSUE THEIR ASPIRATIONS IN PROFESSIONAL AND COMMUNITY AFFAIRS. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cuso International | $17,986,190 | $25,338,532 |
West Africa Rice Development Association | $23,999,248 | $19,439,683 |
Eshel-The Assn for the Planning&Develop ment of Services for the Aged in Israel | $0 | $14,530,000 |
African Agricultural Technology Foundation | $24,296,814 | $14,780,900 |
American Schools Abroad Inc | $17,835,542 | $13,391,571 |
Global Witness | $10,237,226 | $13,787,236 |
Sasakawa Africa Association | $10,962,554 | $12,673,279 |
African Economic Research Consortium Inc | $31,533,538 | $9,406,406 |
International Center For Biosaline Agriculture | $26,028,000 | $9,926,000 |
Luso-American Development Foundation | $182,222,263 | $19,932,627 |
Alliance Cooperative Internationale | $7,111,802 | $6,330,982 |
Surgo Foundation Us | $88,565,551 | $13,150,449 |