Sens Foundation Inc
- Assets
- $28.4m
- Revenue
- $30.2m
- Investments
- $54.5k
- Employees
- 51
- Location
- Mountain View, CA
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 94-3473864
Organization Overview
Sens Foundation Inc, operating under the name Sens Research Foundation Inc, is located in Mountain View, CA. The organization was established in 2011. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Sens Research Foundation Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sens Research 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, Sens Research Foundation Inc generated $30.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $7.5m during the year ending 12/2021. While expenses have increased by 8.9% per year over the past 7 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.
Since 2015, Sens Research Foundation Inc has awarded 64 individual grants totaling $7,252,465. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP, PROMOTE AND ENSURE WIDESPREAD ACCESS TO REJUVENATION BIOTECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTRAMURAL RESEARCH PROGRAM IS CARRIED OUT IN THE ORGANIZATION'S MOUNTAIN VIEW FACILITY BY EMPLOYEES OF THE ORGANIZATION. THE PROGRAM IS COMPRISED OF THREE (3) SEPARATE LINES OF RESEARCH: MITOCHONDRIAL MUTATIONS, IMMUNO-SENESCENCE, AND STEM CELL THERAPY. THE MITOCHONDRIAL MUTATIONS LINE OF RESEARCH HAS PUBLISHED WORK, HIRED NEW STAFF, AND HAS A FEW SUBPROJECTS WITH OUTSIDE INSTITUTIONS. THE IMMUNO-SENESCENCE LINE OF RESEARCH PROJECT HAS ALSO PUBLISHED WORK AND CONTAINS SEVEN SUBPROJECTS, ONE OF WHICH WAS RUN BY A POST-DOCTORAL FELLOW. THE STEM CELL THERAPY LINE OF RESEARCH HAS HIRED NEW STAFF AND PUBLISHED WORK, INCLUDING THAT OF AN INTERNATIONAL PHD STUDENT FROM THE UNITED KINGDOM.
THE EXTRAMURAL RESEARCH PROGRAM FUNDS SOME OF THE MOST PRESTIGIOUS INSTITUTIONS AROUND THE WORLD. THERE ARE CURRENTLY FOUR (4) EXTRAMURAL RESEARCH PROJECTS ONGOING. FUNDING FOR THIS PROGRAM CONTINUES TO BE PRIORITIZED FOR PROJECTS THAT MEET OUR COMPANY MISSION AND ARE CURRENTLY BEING UNADDRESSED IN OUR INTRAMURAL RESEARCH PROGRAM.
SRF EDUCATION - AS PART OF ITS MISSION, THE ORGANIZATION IS COMMITTED TO EDUCATING STUDENTS AND THE PUBLIC ABOUT REJUVENATION BIOTECHNOLOGIES. THE ORGANIZATION'S STUDENT PROGRAM, SRF EDUCATION, IS COMMITTED TO EDUCATING STUDENTS AND THE PUBLIC. SRF EDUCATION OPERATES A SUMMER INTERNSHIP PROGRAM THAT PLACES TWELVE (12) UNDERGRADUATE STUDENTS AT THE SRF RESEARCH CENTER AND OUTSIDE INSTITUTIONS. IT ALSO CONTINUES A PROGRAM TO PLACE NINE (9) POST-BACCALAUREATE STUDENTS AT VARIOUS INSTITUTIONS, INCLUDING FOUR (4) AT THE SRF RESEARCH CENTER. 2022 SAW THE EXPANSION OF SRF'S MASTER'S PROGRAM IN CONJUNCTION WITH DOMINICAN UNIVERSITY OF CALIFORNIA. SRF NOW HAS HAD ONE (1) MASTER'S STUDENT GRADUATE FROM THE MASTER'S PROGRAM IN 2023 AND ANOTHER INTERNATIONAL STUDENT JOIN THE MASTER'S PROGRAM IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Logan Director | Trustee | 1 | $0 |
Bill Liao Board Chairman | OfficerTrustee | 5 | $0 |
Kevin Perrott Treasurer/secretary | OfficerTrustee | 1 | $0 |
Kevin Dewalt Director | Trustee | 1 | $0 |
Lisa Fabiny-Kiser CEO | Officer | 40 | $206,264 |
Alexandra Stolzing VP Research (terminated) | 40 | $164,755 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goodwin Proctor Llp Legal Services | 12/30/22 | $348,301 |
Littler Mendelson Pc Legal Services | 12/30/22 | $125,908 |
Moonburn Creative Inc Development Contracts | 12/30/22 | $115,970 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $332,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,618,795 |
| Noncash contributions included in lines 1a–1f | $23,905,544 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,951,590 |
| Total Program Service Revenue | $79,439 |
| Investment income | $21,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,143 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,218,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,250,010 |
| Grants and other assistance to domestic individuals. | $76,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $266,371 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $777,635 |
| Compensation of current officers, directors, key employees. | $230,658 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,608,342 |
| Pension plan accruals and contributions | $30,251 |
| Other employee benefits | $246,895 |
| Payroll taxes | $172,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $460,734 |
| Fees for services: Accounting | $75,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $702,695 |
| Advertising and promotion | $5,689 |
| Office expenses | $10,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $271,952 |
| Travel | $17,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,745 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,513 |
| Insurance | $15,406 |
| All other expenses | $38,120 |
| Total functional expenses | $7,523,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,966,946 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,784 |
| 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 | $297,819 |
| Investments—publicly traded securities | $1,232 |
| Investments—other securities | $54,510 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,864 |
| Total assets | $28,441,155 |
| Accounts payable and accrued expenses | $353,236 |
| Grants payable | $2,000,000 |
| 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 | $5,482 |
| Total liabilities | $2,358,718 |
| Net assets without donor restrictions | $25,158,373 |
| Net assets with donor restrictions | $924,064 |
| 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 | $28,441,155 |
Grants Awarded
Over the last fiscal year, Sens Foundation Inc has awarded $1,346,840 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: Extramural research grant | $300,000 |
METHUSELAH FOUNDATION PURPOSE: Extramural research grant | $1,000,000 |
SANFORD-BURNHAM MEDICAL RESEARCH INST PURPOSE: Education intern grant | $12,000 |
STANFORD UNIVERSITY OFFICE OF RESEARCH ADMINISTRATION PURPOSE: Extramural research grant | $24,840 |
DOMINICAN UNIVERSITY OF CALIFORNIA PURPOSE: Education grant for Master's student | $10,000 |