The Foundation For Gender-Specific Medicine Inc
- Assets
- $664.8k
- Revenue
- $701.1k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 10/2007
- Data as of
- 12/2023
- EIN
- 84-1705022
Organization Overview
The Foundation For Gender-Specific Medicine Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2023, Foundation For Gender-Specific Medicine Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Gender-Specific Medicine 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 12/2023, Foundation For Gender-Specific Medicine Inc generated $701.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $873.2k during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND PROMOTE AWARENESS OF HEALTH ISSUES BASED ON MEDICAL AND SCIENTIFIC RESEARCH AND STUDY FOR THE TREATMENT OF PATIENTS BASED ON GENDER-SPECIFIC MEDICAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH AND EDUCATION CONCERNING GENDER SPECIFIC MEDICAL TREATMENT. TO PROMOTE AWARENESS IN BOTH THE MEDICAL AND SCIENTIFIC COMMUNITIES, AS WELL AS THE GENERAL PUBLIC TO TREAT HEALTH ISSUES FROM A GENDER-SPECIFIC PROTOCOL. AWARENESS WAS DISTRIBUTED ONLINE AND BY PRINT MEDIA. MEDICAL CONFERENCES AND SEMINARS THROUGHOUT THE YEAR. THE FOUNDATION HAS ISSUED RESEARCH GRANTS,WORKING TO UPDATE TWO TEXTBOOKS AND IS RESPONSIBLE FOR EDITING A MONTHLY MAGAZINE TO PROMOTE AWARENESS AND ITS MISSION IN THIS DISCIPLINE. THE FOUNDATION CONTINUES TO HOLD LEADERSHIP ROLES IN THE INTERNATIONAL GENDER MEDICINE COMMUNITY. DURING THE CURRENT AND ONGOING PANDEMIC, ZOOM CONFERENCES WITH LEADING ASSOCIATES AS WELL AS WITH THE FOUNDATIONS RESEARCH SCHOLARSHIP RECEIPIENTS BECOME A CHALLENGE. THIS CREATED ADDITIONAL INVESTMENT IN TECHNOLOGY TO OVERCOME THE OBSTACLES CREATED BY COVID 19. GENDER MEDICINE IN THE TIME OF A PANDEMIC CREATED ANOTHER RESEARCH PLATFORM AS COVID 19 SPREAD THROUGHOUT THE WORLD. THOS SCIENCE IS STILL IN ITS INFANCY AND CONTINUES TO BE EXPLORED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marianne J Legatomd President | OfficerTrustee | 30 | $208,000 |
Dean G Yuzek Chairman | OfficerTrustee | 2 | $0 |
Marvin Slomowitz Honorary Chairman | Trustee | 1 | $0 |
Kirsten O Healy Vice President | OfficerTrustee | 1 | $0 |
Rebecca Wolfe Treasurer | OfficerTrustee | 1 | $0 |
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 | $701,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $701,144 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $701,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,500 |
| 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. | $208,000 |
| Compensation of current officers, directors, key employees. | $10,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,631 |
| Information technology | $6,360 |
| Royalties | $0 |
| Occupancy | $36,019 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,753 |
| Interest | $5,831 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $515 |
| Insurance | $3,528 |
| All other expenses | $196,574 |
| Total functional expenses | $873,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $662,561 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $2,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $664,774 |
| Accounts payable and accrued expenses | $6,809 |
| 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 | $146,662 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $153,471 |
| Net assets without donor restrictions | $511,303 |
| 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 | $664,774 |