Median Foundation

Organization Overview

Median Foundation, operating under the name Median Group, is located in Covina, CA. The organization was established in 2019. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Median Group 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 12/2022, Median Group generated $965.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $352.2k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MEDIAN FOUNDATION D/B/A MEDIAN GROUP IS AN EDUCATIONAL ORGANIZATION FORMED FOR THE PURPOSE OF CONDUCTING AND SPONSORING RESEARCH WITH RESPECT TO SIGNIFICANT ISSUES OF IMPORTANCE TO THE PUBLIC, PARTICULARLY WITH RESPECT TO SCIENTIFIC AND HISTORICAL RESEARCH, IN ORDER TO CREATE A SHARED KNOWLEDGE FOR THE COMMON BENEFIT OF ALL. THE FOUNDATION FOCUSES MUCH OF ITS RESEARCH ON IDENTIFYING AND ASSESSING GLOBAL CATASTROPHIC RISKS AND THE POTENTIAL TO MITIGATE OR AVERT THESE RISKS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE EXPERIMENTED WITH PSYCHOLOGICAL MEASUREMENTS AND INTERVENTIONS SUCH AS EEG AND TMS. WE PLAN TO STUDY THE POTENTIAL FOR TMS TO IMPROVE PSYCHOLOGICAL WELL-BEING.


SILENT CRY FISCAL SPONSORSHIP MEDIAN GROUP FISCALLY SPONSORED SILENT CRY (HTTPS://WWW.SILENTCRYINC.ORG/) TO INDIRECTLY RECEIVE GRANTS FROM ANOTHER ORGANIZATION RELATED TO PRISON REFORM AND MENTAL HEALTH, INCLUDING PROVISION OF A FARM FOR ALTERNATIVE PRISON.


WE ARE EXPERIMENTING WITH USE OF MACHINE LEARNING TO ANALYZE ONGOING CONVERSATIONS TO DETECT FEATURES RELEVANT TO THE QUALITY OF THE DISCUSSION AND POSSIBLE INTERVENTIONS TO IMPROVE THEM.


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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$681,466
Noncash contributions included in lines 1a–1f $429,385
Total Revenue from Contributions, Gifts, Grants & Similar$681,466
Total Program Service Revenue$298,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$14,323
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $965,143

Grants Awarded

Over the last fiscal year, Median Foundation has awarded $24,000 in support to 2 organizations.

Grant RecipientAmount

REGENTS OF THE UNIVERSITY OF MICHIGAN

PURPOSE: Prison Creative Arts Project

$10,000

SILENT CRY

PURPOSE: To support ongoing program activities related to Median Foundation's COVID response efforts.

$14,000
View Grant Profile

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