Tedmed Foundation
- Assets
- $65.9m
- Revenue
- $79.0k
- Investments
- $57.2m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2485592
Organization Overview
Tedmed Foundation is located in Stamford, CT. The organization was established in 2016. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, 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. Tedmed 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, Tedmed Foundation generated $79.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (67.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEDMED BRIDGES THE GAP BETWEEN SCIENCE AND THE PUBLIC BY FINDING AND SHARING STORIES THAT INFORM, INSPIRE, ENGAGE AND PROVOKE ACTION ACROSS A BROAD, PASSIONATE COMMUNITY BOTH INSIDE AND OUTSIDE OF HEALTH AND MEDICINE. TEDMED VALUES INCLUSIVENESS, MULTI-DISCIPLINARY COLLABORATION AND DIVERSITY IN ITS MISSION TO CATALYZE A HEALTHIER WORLD. OUR ANNUAL EVENT BRINGS THE WORLD TOGETHER TO FOCUS ON WHATS NEW AND IMPORTANT IN HEALTH AND MEDICINE. WE FORGE PARTNERSHIPS WITH INDUSTRY LEADERS, MEDICAL RESEARCH INSTITUTIONS, THINK TANKS, GOVERNMENT AGENCIES AND FOUNDATIONS, TO ENSURE THAT CUTTING-EDGE BIOMEDICAL THINKING, INNOVATION IN HEALTHCARE AND LARGE SCALE GLOBAL PUBLIC HEALTH OPPORTUNITIES ARE SHARED ACROSS DISCIPLINES AND MADE ACCESSIBLE TO THE PUBLIC AT LARGE. YEAR-ROUND, TEDMED ENGAGES A COMMUNITY OF DEDICATED CHANGE-MAKERS IN DYNAMIC CONVERSATIONS THROUGH SOCIAL MEDIA, TEDMED TALKS AND A VARIETY OF PROGRAMMATIC EFFORTS LEVERAGING DYNAMIC PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION COSTS - TEDMED CONFERENCE
PRODUCTION COSTS - TEDMED CONFERENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Romaine CFO | Officer | $0 | |
Dorothy Bahna Vice Chair | Trustee | $0 | |
Eileen Walker Chairperson | Trustee | $0 | |
Jay Walker Bod | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $79,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,127 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,564 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,077,666 |
| Insurance | $16,597 |
| All other expenses | $0 |
| Total functional expenses | $1,153,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,426 |
| Savings and temporary cash investments | $3,944,165 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,002 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $57,233,050 |
| Investments—program-related | $0 |
| Intangible assets | $4,586,083 |
| Other assets | $28,601 |
| Total assets | $65,852,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $65,852,327 |
| 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 | $65,852,327 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tedmed Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS | $50,000 |
New Venture Fund Washington, DC PURPOSE: INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Effects Institute Boston, MA | $12,526,721 | $12,481,645 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
Life Science Cares Inc Cambridge, MA | $8,104,702 | $8,289,428 |
Haymakers For Hope Inc Wellesley, MA | $644,411 | $4,070,620 |
The Progeria Research Foundation Inc Peabody, MA | $53,690,802 | $49,219,762 |
Dubai Harvard Foundation For Medical Research Inc Boston, MA | $15,096,309 | $431,547 |
The Curetivity Foundation Darien, CT | $568,541 | $2,365,515 |
Jett Foundation Inc Plymouth, MA | $2,196,455 | $2,598,639 |
Adenoid Cystic Carcinoma Researchfoundation Needham, MA | $3,133,519 | $2,427,133 |
Detectogether Inc Westborough, MA | $4,462,075 | $2,393,158 |
Solving Kids Cancer Inc New York, NY | $2,774,299 | $676,733 |