National Stem Cell Foundation Inc

Organization Overview

National Stem Cell Foundation Inc is located in Louisville, KY. The organization was established in 2005. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, National Stem Cell Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Stem Cell Foundation Inc 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, National Stem Cell Foundation Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, National Stem Cell Foundation Inc has awarded 32 individual grants totaling $5,846,450. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NSCF FUNDS ADULT STEM CELL AND REGENERATIVE MEDICINE RESEARCH, CONNECTS CHILDREN WITH LIMITED RESOURCES TO CLINICAL TRIALS FOR RARE DISEASES, AND UNDERWRITES THE NATIONAL STEM SCHOLAR PROGRAM FOR MIDDLE SCHOOL SCIENCE TEACHERS INSPIRING THE NEXT GENERATION OF STEM PIONEERS NATIONWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Paula Grisanti
CEO
$100,000
Michael Grisanti
Director
$0
John M Cranor III
Director
$0
C Dennis Riggs
Secretary/treasurer
$0
Bruce S Wolff
Chairman
$0
Diane Cornwell
Chief Financial Officer
$24,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,081,763
All other contributions, gifts, grants, and similar amounts not included above$299,228
Noncash contributions included in lines 1a–1f $53,985
Total Revenue from Contributions, Gifts, Grants & Similar$1,380,991
Total Program Service Revenue$411,000
Investment income $34,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,227
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,865,601

Grants Awarded

Over the last fiscal year, National Stem Cell Foundation Inc has awarded $940,350 in support to 3 organizations.

Grant RecipientAmount

DUKE UNIVERSITY HEALTH SYSTEM

PURPOSE: ON FILE

$50,000

NY STEM CELL FOUNDATION

PURPOSE: ON FILE

$840,350

WESTERN KENTUCKY UNIVERSITY FOUNDATION

PURPOSE: ON FILE

$50,000
View Grant Profile

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