Syngap Research Fund Incorporated
- Assets
- $2.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-1200789
Organization Overview
Syngap Research Fund Incorporated is located in San Diego, CA. The organization was established in 2019. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Syngap Research Fund Incorporated 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 12/2023, Syngap Research Fund Incorporated generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Syngap Research Fund Incorporated has awarded 28 individual grants totaling $2,372,861. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE QUALITY OF LIFE OF SYNGAP-1 PATIENTS THROUGH THE RESEARCH AND DEVELOPMENT OF TREATMENTS, THERAPIES AND SUPPORT SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING OF NEW AND CONTINUED RESEARCH INITIATIVES WITH LEADING INSTITUTIONS.
TRAINING SERVICE DOGS.
FAMILY ASSISTANCE PROVIDED TO TWO FAMILIES. ONE DOMESTIC AND ONE FOREIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Mike Graglia Managing Direct | OfficerTrustee | 45 | $0 |
Victoria Arteaga Treasurer | OfficerTrustee | 6 | $0 |
Emily Barnes Secretary | OfficerTrustee | 6 | $0 |
Peter Halliburton Member | Trustee | 15 | $0 |
Aaron Harding Member | Trustee | 6 | $0 |
Jess Fares Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $561,873 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,421,958 |
| Noncash contributions included in lines 1a–1f | $35,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,983,831 |
| Total Program Service Revenue | $19,237 |
| Investment income | $808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,794 |
| Net Income from Fundraising Events | -$148,997 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,859,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,448,462 |
| Grants and other assistance to domestic individuals. | $4,298 |
| Grants and other assistance to Foreign Orgs/Individuals | $320,639 |
| 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 | $91,100 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,776 |
| Advertising and promotion | $17,565 |
| Office expenses | $7,140 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,498 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,151,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,788 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $250,000 |
| 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 | $3,429 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,159,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,531,433 |
| Accounts payable and accrued expenses | $6,856 |
| Grants payable | $1,162,405 |
| 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 | $1,169,261 |
| Net assets without donor restrictions | $1,362,172 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,531,433 |
Grants Awarded
Over the last fiscal year, Syngap Research Fund Incorporated has awarded $1,444,169 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AXONIS THERAPEUTICS INC PURPOSE: Scientific Research | $55,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: Scientific Research | $36,575 |
CHILDRENS HOSPITAL COLORADO PURPOSE: Scientific Research | $113,000 |
INVIVO BIOSYSTEMS PURPOSE: Scientific Research | $10,000 |
NEW YORK UNIVERSITY PURPOSE: Scientific Research | $105,819 |
JOHN CARROLL UNIVERSITY PURPOSE: Scientific Research | $132,434 |