Food Allergy Fund
- Assets
- $861.8k
- Revenue
- $851.1k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-4494240
Organization Overview
Food Allergy Fund is located in New York, NY. The organization was established in 2018. 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. Food Allergy Fund 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, Food Allergy Fund generated $851.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $833.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Food Allergy Fund has awarded 11 individual grants totaling $1,700,000. 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
THE FOOD ALLERGY FUND IS DEDICATED TO FUNDING FOOD ALLERGY RESEARCH FOCUSED ON THE UNDERLYING CAUSES OF FOOD ALLERGIES AND IMPROVED TREATMENTS FOR PEOPLE WITH FOOD ALLERGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVIEW OF RESEARCH FUNDING REQUESTS: REVIEWING PROPOSALS FROM DOCTORS AND SCIENTISTS SEEKING FUNDING TO SUPPORT RESEARCH PROJECTS RELATED TO FOOD ALLERGIES.
THOUGHT LEADERSHIP SUMMITS: PLANNING AND PROGRAMMING THOUGHT LEADERSHIP SUMMITS THAT BRING TOGETHER PATIENTS, CAREGIVERS, DOCTORS, SCIENTISTS, CHEFS, ADVOCATES, ENTREPRENEURS, AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilana Golant Founder & Ceo, Chair | OfficerTrustee | 25 | $0 |
Susan Weissman Vice Chair | OfficerTrustee | 25 | $0 |
Michelle Lobel Secretary | OfficerTrustee | 5 | $0 |
Maria Acebal Board Member | Trustee | 1 | $0 |
Kelly Swartz Board Member | Trustee | 1 | $0 |
Hanna Richheimer Board Member | 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 | $793,997 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $793,997 |
| Total Program Service Revenue | $57,091 |
| Investment income | $0 |
| 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 | $851,088 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $775,000 |
| 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 | $4,973 |
| Fees for services: Accounting | $8,827 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,343 |
| Office expenses | $3,796 |
| 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 | $28,248 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,796 |
| All other expenses | $0 |
| Total functional expenses | $833,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $861,202 |
| Savings and temporary cash investments | $0 |
| 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 | $595 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $861,797 |
| Accounts payable and accrued expenses | $2,539 |
| 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 | $2,539 |
| Net assets without donor restrictions | $859,258 |
| 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 | $861,797 |
Grants Awarded
Over the last fiscal year, Food Allergy Fund has awarded $775,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF CHICAGO PURPOSE: RESEARCH GRANT | $25,000 |
CINCINNATI CHILDREN'S HOSPITAL PURPOSE: RESEARCH GRANT | $600,000 |
BOSTON CHILDREN'S HOSPITAL PURPOSE: RESEARCH GRANT | $125,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: RESEARCH GRANT | $25,000 |