Alexion Foundation Inc
- Assets
- $11.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- Data as of
- 12/2021
- EIN
- 83-1065602
Organization Overview
Alexion Foundation Inc is located in Boston, MA. 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. Alexion 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 12/2021, Alexion Foundation Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alexion Foundation Inc has awarded 75 individual grants totaling $6,419,063. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Elloian Treasurer & Director | 2 | $0 | |
Sharon Barr Clerk & Director | 0.5 | $0 | |
Alexandra Schuman President | 8 | $0 | |
Tamar Thompson Director | 0.5 | $0 | |
Shane Doyle Director | 0.5 | $0 | |
Simu Thomas Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Omnicom Consulting Group Inc | 12/30/20 | $161,334 |
Omnicom Consulting Group Inc | 12/30/20 | $161,334 |
Tech Soup Global | 12/30/20 | $55,000 |
Tech Soup Global | 12/30/20 | $55,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,000,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $55,416 |
| Total operating and administrative expenses | $72,123 |
| Contributions, gifts, grants paid | $2,089,063 |
| Total expenses and disbursements | $2,161,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,836,785 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,836,785 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alexion Foundation Inc has awarded $2,089,063 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
GRANT - GIVE AN HOUR PURPOSE: THE PURPOSE OF THIS PROPOSAL IS TO ADDRESS UNMET AND/OR DISCONNECTED MENTAL HEALTH AND EMOTIONAL WELLBEING NEEDS OF THOSE IN THE RARE DISEASES CAREGIVER COMMUNITY, REGARDLESS OF WHERE THEY ARE IN THE CONTINUUM OF THEIR CAREGIVING JOURNEY. | $334,910 |
GRANT - GLOBAL GENES PURPOSE: GRANT DOLLARS TO SUPPORT 12 IMPACT GRANTS TO RARE FOUNDATION ALLIANCE MEMBERS AT $20,000 EACH AND THE $40,000 NECESSARY TO ESTABLISH THE ONLINE COMMUNITY PLATFORM FOR HEALTH EQUITY PARTICIPANTS. PROGRAM INCLUDES MENTORSHIP, PEER NETWORKING, COMMUNICATION RESOURCES AND CULTURAL COMPETENCE TRAINING TO REACH AND EDUCATE UNDERSERVED PATIENTS WITHIN THE RARE DISEASE COMMUNITY. | $280,000 |
GRANT - AMERICARES EMERGENCY RELIEF PURPOSE: TO SUPPORT THE AMERICARES RESPONSE TO THE COVID-19 PANDEMIC. THE GRANT WILL BE USED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. | $250,000 |
GRANT - SERIOUSFUN CHILDREN'S NETWORK PURPOSE: FUNDS WILL DIRECTLY SUPPORT ENHANCING THE MENTAL HEALTH SERVICES INCORPORATED INTO CAMPER AND FAMILY PROGRAMMING, DEEPLY SERVING THE RARE DISEASE PATIENTS AND FAMILIES THAT COME TO CAMP. MENTAL HEALTH FIRST AID TRAINING WILL ALSO BE PROVIDED TO 30 CAMP STAFF, INCREASING THE NUMBER OF STAFF CERTIFIED IN MENTAL HEALTH FIRST AID. | $250,000 |
Chicago, IL PURPOSE: TO SUPPORT THE MENTAL HEALTH NEEDS OF FAMILIES AND CHILDREN, VIA THE RMHC'S GLOBAL HEALTH AND WELLNESS INITIATIVE. THIS INITIATIVE WILL HELP FAMILIES AND CAREGIVERS COPE WITH THEIR CHILDS ILLNESS OR DISEASE AND ADDRESS THE PSYCHOSOCIAL AND PHYSICAL WELL-BEING OF BOTH RMHC FAMILIES, AND THE STAFF CHARGED WITH CARING FOR THEM. | $200,000 |
GRANT - ANGEL FLIGHT PURPOSE: ANGEL FLIGHT LEVERAGES A NETWORK OF VOLUNTEER PILOTS AND COMMERCIAL AVIATION PARTNERS TO FLY PATIENTS WITH RARE DIAGNOSES AND THEIR TRAVEL COMPANIONS TO ACCESS SPECIALIZED TREATMENT THAT IS NOT AVAILABLE WITHIN THEIR GEOGRAPHIC AREA. | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Massmutual Foundation Inc Springfield, MA | $16,295,000 | $8,380,000 |
Brooklyn Community Foundation Brooklyn, NY | $117,862,940 | $42,787,989 |
The@macmillan Family Foundation Inc New York, NY | $313,323,783 | $55,336,840 |
Foundation For Opioid Response Efforts New York, NY | $121,364,686 | $9,522,193 |
Friends Of Ahavat Shalom Inc Monsey, NY | $3,129,424 | $10,586,531 |
Barnett & Annalee Newman Foundation Tr New York, NY | $11,118,262 | $1,105,539 |
Lone Pine Foundation Inc Greenwich, CT | $70,601,962 | $14,308,044 |
Citizen Of Burma Award Organization Inc Jackson Heights, NY | $195,993 | $9,716,460 |
Cullen Foundation Buffalo, NY | $115,865,929 | $16,357,498 |
Fiduciary Charitable Foundation Boston, MA | $117,480,981 | $103,573,534 |
Danoff Fam Private Charitable Foundation Tr Albany, NY | $116,755,274 | $33,799,667 |