Commure Opportunity Foundation
- Assets
- $14.3m
- Revenue
- -$322.2k
- Investments
- $2.8m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 82-5407158
Organization Overview
Commure Opportunity Foundation is located in San Francisco, CA. The organization was established in 2019. According to its NTEE Classification (R19) the organization is classified as: Support N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commure Opportunity Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO ADDRESS THE MENTAL HEALTH OF PHYSICIANS. THE ORGANIZATION WISHES TO RESEARCH CAUSES OF PHYSICIAN STRESS AND WAYS TO IMPROVE PHYSICIAN-PATIENT INTERACTIONS AND TO FUND PROJECTS DOING THE SAME. IN ADDITION, THE ORGANIZATION INTENDS TO PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MADE A $50,000 GRANT TO ONE MIND INSTITUTE (FEIN: 68-0359707) ON NOVEMBER 4, 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hemant Taneja President | OfficerTrustee | 1 | $0 |
William Brody Secretary | OfficerTrustee | 1 | $0 |
Diede Van Lamoen Treasurer | OfficerTrustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $334,297 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$679,729 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$322,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $1,755 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,238 |
| Fees for services: Other | $21,449 |
| Advertising and promotion | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $173,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,936 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,055,073 |
| Investments—other securities | $2,848,073 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,272,082 |
| 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 | $0 |
| 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 | $14,272,082 |
| Total liabilities and net assets/fund balances | $14,272,082 |
Grants Awarded
Over the last fiscal year, Commure Opportunity Foundation has awarded $85,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $25,000 |
THOMAS JEFFERSON UNVERSITY PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $50,000 |
ALBERT EINSTEIN HEALTHCARE NETWORK PURPOSE: TO SUPPORT MENTAL HEALTH OF PHYSICIANS AND PROVIDE FUNDING TO HEALTHCARE RESEARCH WITH A SPECIFIC FOCUS ON OPIOID USE AND ABUSE. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Winsl Phoenix, AZ | $2,923,769 | $1,423,576 |
American Civil Rights Institute Sacramento, CA | $15,664 | $266,575 |
Center For Truth And Justice Montrose, CA | $284,931 | $378,208 |
Peoples Choice For President Institute San Francisco, CA | $329,053 | $151,587 |
Commure Opportunity Foundation San Francisco, CA | $14,272,082 | -$322,157 |
Immigrant Family Defense Fund Oakland, CA | $4,182 | $0 |
Golf Diversity Program Portland, OR | $265,459 | $205,431 |
Schools And Communities First Los Angeles, CA | $347,735 | $0 |
New Democrats Public Policy Coalition Sacramento, CA | $229,409 | $0 |
Life Reset Foundation Chino Hills, CA | $9,537 | $9,625 |
Overcome International Inc Livermore, CA | $53,774 | $0 |
A Better San Diego Issues Comm A Sponsored Comm Of San Diego And San Diego, CA | $241 | $0 |
Trauma Informed La Lawndale, CA | $0 | $0 |