Mesothelioma Applied Research Foundation Inc
- Assets
- $10.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 75-2816066
Organization Overview
Mesothelioma Applied Research Foundation Inc is located in Washington, DC. The organization was established in 2000. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Mesothelioma Applied Research Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mesothelioma Applied Research Foundation Inc 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, Mesothelioma Applied Research Foundation Inc generated $1.5m 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 $1.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mesothelioma Applied Research Foundation Inc has awarded 25 individual grants totaling $1,905,722. 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
TO OFFER HOPE AND SUPPORT TO MESOTHELIOMA CANCER PATIENTS AND THEIR FAMILIES THROUGH EDUCATION, FUNDING OF QUALITY, PEER-REVIEWED RESEARCH, AND RAISE PUBLIC AWARENESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SUPPORT AND SYMPOSIUM - PATIENT SUPPORT SERVICES OFFERED BY THE MESOTHELIOMA APPLIED RESEARCH FOUNDATION, INC. INCLUDE PERSONALIZED CONSULTATIONS AND GUIDANCE THROUGH TREATMENT WITH MESOTHELIOMA EXPERTS. THIS INCLUDES PROVIDING PATIENTS WITH INFORMATION ABOUT TREATMENT OPTIONS, CONNECTING THEM WITH MESOTHELIOMA TREATMENT SPECIALISTS WHEN NEEDED, AND FACILITATING ACCESS TO THE FOUNDATION'S SUPPORT GROUPS.
RESEARCH - THE MESOTHELIOMA APPLIED RESEARCH FOUNDATION, INC. FUNDS THE MOST PROMISING MESOTHELIOMA RESEARCH PROJECTS GLOBALLY, AS DETERMINED BY A RIGOROUS PEER-REVIEW PROCESS VIA THE FOUNDATION'S SCIENCE ADVISORY BOARD AND APPROVED BY THE BOARD OF DIRECTORS. THIS PROCESS IS BASED UPON THE DEPARTMENT OF DEFENSE CDMRP. BASED UPON THE NATIONAL CANCER INSTITUTE, THE MESOTHELIOMA FOUNDATION HAS FUNDED 97 GRANTS, AWARDING $9.6 MILLION IN FUNDING RESEARCH GRANTS TO DATE.
ADVOCACY - THE MESOTHELIOMA APPLIED RESEARCH FOUNDATION, INC. ADVOCATES ON BEHALF OF ITS PATIENTS AND FAMILIES FOR INCREASED FUNDING OF MESOTHELIOMA RESEARCH THROUGH FEDERAL INVESTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie G Zauderer MD Ms Facp Chair | OfficerTrustee | 1 | $0 |
Darciena Anderson Christel Treasurer | OfficerTrustee | 1 | $0 |
R Taylor Ripley MD Secretary | OfficerTrustee | 1 | $0 |
Keith Cengel MD PHD Director | Trustee | 1 | $0 |
Jason M Foster MD Director | Trustee | 1 | $0 |
Aaron S Mansfield MD Director | Trustee | 1 | $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 | $944,461 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $944,461 |
| Total Program Service Revenue | $476,947 |
| Investment income | $269,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$147,597 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,546,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| Grants and other assistance to domestic individuals. | $72,278 |
| Grants and other assistance to Foreign Orgs/Individuals | $200,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $266,983 |
| Compensation of current officers, directors, key employees. | $31,853 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,156 |
| Pension plan accruals and contributions | $8,091 |
| Other employee benefits | $64,086 |
| Payroll taxes | $45,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,217 |
| Fees for services: Other | $10,748 |
| Advertising and promotion | $18,477 |
| Office expenses | $27,773 |
| Information technology | $21,777 |
| Royalties | $0 |
| Occupancy | $26,618 |
| Travel | $17,677 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,283 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $710 |
| Insurance | $9,697 |
| All other expenses | $8,521 |
| Total functional expenses | $1,532,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,701,726 |
| Savings and temporary cash investments | $1,240,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $143,490 |
| 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 | $992 |
| Net Land, buildings, and equipment | $1,243 |
| Investments—publicly traded securities | $6,879,001 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,077 |
| Total assets | $9,971,454 |
| Accounts payable and accrued expenses | $80,497 |
| Grants payable | $388,750 |
| Deferred revenue | $77,215 |
| 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 | $0 |
| Total liabilities | $546,462 |
| Net assets without donor restrictions | $9,424,992 |
| 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 | $9,971,454 |
Grants Awarded
Over the last fiscal year, Mesothelioma Applied Research Foundation Inc has awarded $200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WAKE FOREST UNIVERSITY HEALTH SCIENCES PURPOSE: RESEARCH GRANT | $100,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: RESEARCH GRANT | $100,000 |