Foundation For Opioid Response Efforts
- Assets
- $103.8m
- Revenue
- $2.7m
- Investments
- $99.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2019
- Data as of
- 03/2023
- EIN
- 82-4973537
Organization Overview
Foundation For Opioid Response Efforts is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Opioid Response Efforts 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 03/2023, Foundation For Opioid Response Efforts generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $8.6m during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Foundation For Opioid Response Efforts has awarded 299 individual grants totaling $46,270,140. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND DISSEMINATION - THROUGH CONVENINGS AND PUBLIC EDUCATION AND DISSEMINATION, THE FOUNDATION BRINGS PEOPLE TOGETHER TO SHARE STRATEGIES FOR EXPANDING ACCESS TO EVIDENCE BASED TREATMENT AND RECOVERY SUPPORT. THE FOUNDATION ALSO SUPPORTS THIS THROUGH SPONSORSHIPS CONFERENCES RELATED TO THE MISSION OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Barthwell MD Dfasam Board Chair | 5 | $0 | |
Julie Cho Secretary | 5 | $0 | |
Adam Usdan Treasurer & Director | 5 | $0 | |
Adrienne M Brown Msw Lmsw Director | 2 | $0 | |
Lori A Schechter JD Director | 2 | $0 | |
Peter Slone Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan Chase & Co | 3/30/23 | $525,497 |
The Manners Dotson Group | 3/30/23 | $73,168 |
Ssrs | 3/30/23 | $99,333 |
Pear Tree Communications | 3/30/23 | $58,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $405,976 |
| Dividends & Interest | $1,665,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $583,017 |
| Capital Gain Net Income | $437,196 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,084 |
| Total Revenue | $2,710,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $478,616 |
| Other employee salaries and wages | $625,950 |
| Pension plans, employee benefits | $213,475 |
| Interest | $0 |
| Taxes | $39,082 |
| Depreciation | $0 |
| Occupancy | $144,316 |
| Travel, conferences, and meetings | $51,566 |
| Printing and publications | $0 |
| Other expenses | $200,292 |
| Total operating and administrative expenses | $2,733,653 |
| Contributions, gifts, grants paid | $5,863,909 |
| Total expenses and disbursements | $8,597,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,532,481 |
| Savings and temporary cash investments | $1,605,867 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,856 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $74,882,996 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $868,774 |
| Total assets | $103,845,374 |
| Accounts payable and accrued expenses | $167,873 |
| Grants payable | $6,733,983 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $812,720 |
| Total liabilities | $7,714,576 |
Grants Awarded
Over the last fiscal year, Foundation For Opioid Response Efforts has awarded $13,537,684 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
AGENCY FOR SUBSTANCE ABUSE PREVENTION PURPOSE: FAITH-BASED SUPPORT SPECIALIST TRAINING | $94,010 |
ALLEGHENY HEALTH NETWORK PURPOSE: MOBILE COMMUNITY BASED ENGAGEMENT AND RETENTION FOR PERSONS WITH OPIOID USE DISORDER | $60,000 |
AMISTADES INC PURPOSE: THE VOZ ALTA PROJECT | $33,750 |
BIPARTISAN POLICY CENTER PURPOSE: LAUNCHING THE OPIOID CRISIS TASK FORCE | $25,000 |
BROWN UNIVERSITY OF PROVIDENCE PURPOSE: UNDERSTANDING DRUG USE WITHIN A RAPIDLY CHANGING SUPPLY: AN ETHNOGRAPHIC AND TOXICOLOGIC INVESTIGATION TO IMPROVE OVERDOSE PREVENTION AND SUPPLY SURVEILLANCE COMMUNICATION | $126,970 |
CENTER FOR AFRICAN AMERICAN RECOVERY DEVELOPMENT-FISCAL AGENT NORA PURPOSE: AFRICAN AMERICAN RCO CAPACITY-BUILDING PROJECT | $33,750 |