Project 8p Foundation
- Assets
- $973.7k
- Revenue
- $644.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2545342
Organization Overview
Project 8p Foundation is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project 8p Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE THE DISCOVERY OF TREATMENTS FOR CHROMOSOME 8P DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCELERATE THE DISCOVERY OF TREATMENTS FOR CHROMOSOME 8P DISORDERS WITH A TRANSLATIONAL RESEARCH PROGRAM AND A STANDARD OF CARE TO EMPOWER MEANINGFUL LIVES IN A UNIFIED COMMUNITY TODAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bina Shah Founderchief Executive Offic | OfficerTrustee | 5 | $0 |
Mehul Shah Treasurer Secretary | OfficerTrustee | 1 | $0 |
Shannon Clarke Director | Trustee | 1 | $0 |
Jahn Marie Surette Director | Trustee | 1 | $0 |
Maulin P Shah Director | Trustee | 1 | $0 |
Thomas Peterson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,334 |
| All other contributions, gifts, grants, and similar amounts not included above | $604,598 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,932 |
| Total Program Service Revenue | $11,061 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,461 |
| 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 | $80 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,616 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $195,664 |
| Advertising and promotion | $7,886 |
| Office expenses | $4,596 |
| Information technology | $72,769 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $121,115 |
| 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 | $569,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $586,593 |
| Savings and temporary cash investments | $371,357 |
| Pledges and grants receivable | $15,736 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $973,686 |
| 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 | $973,686 |
| 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 | $973,686 |
Grants Awarded
Over the last fiscal year, Project 8p Foundation has awarded $136,711 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RAREBASE PURPOSE: Drug Repurposing Omics with Disease Mode | $50,000 |
UNIVOF WASHINGTON EICHLER LAB PURPOSE: Research for Genome Assemblies | $44,211 |
Aurora, CO PURPOSE: Multi-Disciplinary Clinical Research | $42,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Project 8p Foundation has recieved totaling $123,662.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $91,365 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,721 |
The Cottage Bridge Foundation Pittsburgh, PA PURPOSE: TO ADVANCE THE UNDERSTANDING AND TREATMENT OF CHROMOSONE 8P DISORDERS | $10,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $576 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Disability Services Inc Albany, NY | $69,306,939 | $100,152,127 |
United Cerebral Palsy Association Of Greater Suffolk Inc Hauppauge, NY | $39,831,296 | $49,482,663 |
New Jersey Institute For Disabilities Inc Edison, NJ | $27,487,880 | $40,761,204 |
United Cerebral Palsy Of Cental Pennsylvania Inc Camp Hill, PA | $23,326,722 | $39,610,119 |
United Cerebral Palsy Association Of Nassau County Inc Roosevelt, NY | $29,125,772 | $39,914,178 |
Cerebral Palsy Of North Jersey Inc Livingston, NJ | $20,638,795 | $38,220,966 |
United Cerebral Palsy Of Queens Jamaica, NY | $21,409,669 | $30,225,069 |
Children And Adult Disability And Educational Services Swarthmore, PA | $30,621,281 | $35,402,318 |
Ladacin Network Inc Wanamassa, NJ | $18,550,993 | $28,683,732 |
United Cerebral Palsy Association Of The North Country Inc Canton, NY | $24,646,021 | $25,661,057 |
Cerebral Palsy Of Westchester Inc Rye Brook, NY | $30,519,949 | $26,619,533 |
Enable Inc Princeton, NJ | $15,406,135 | $22,111,061 |