Arthritis National Research Foundation
- Assets
- $10.2m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Irvine, CA
- Founding
- 04/1973
- Data as of
- 03/2024
- EIN
- 95-6043953
Organization Overview
Arthritis National Research Foundation is located in Irvine, CA. The organization was established in 1973. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. As of 03/2024, Arthritis National Research Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthritis National Research Foundation 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 03/2024, Arthritis National Research Foundation generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $4.0m during the year ending 03/2024. While expenses have increased by 10.5% per year over the past 8 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 2016, Arthritis National Research Foundation has awarded 124 individual grants totaling $14,957,116. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INITIAL RESEARCH FUNDING TO BRILLIANT, INVESTIGATIVE SCIENTISTS WITH NEW IDEAS TO CURE ARTHRITIS AND RELATED AUTOIMMUNE DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR, ARTHRITIS RESEARCH GRANTS ARE AWARDED TO INDEPENDENT MD AND/OR PHD SCIENTISTS AT UNAFFILIATED RESEARCH FACILITIES AND UNIVERSITIES ACROSS THE COUNTRY. THE ARTHRITIS NATIONAL RESEARCH FOUNDATION (THE "FOUNDATION") SCIENTIFIC ADVISORY BOARD PERFORMS AN NIH-LEVEL REVIEW OF ALL APPLICATIONS, RANKING THE PROPOSALS AS TO THE EXCELLENCE OF THE SCIENCE, OPPORTUNITY TO MAKE A BREAK-THROUGH DISCOVERY AND THE QUALITY OF THE INVESTIGATOR AWARDEES, WHO RECEIVE A MAXIMUM GRANT OF $125,000. APPLICANTS MUST PROVIDE PROGRESS AND FINAL REPORTS OF THEIR WORK, INCLUDING PUBLICATIONS IN SCIENTIFIC JOURNALS AND PRESENTATIONS AT SCIENTIFIC MEETINGS. IF PROGRESS IS DEEMED SIGNIFICANT IN THE FIRST YEAR, AWARDEES MAY APPLY FOR AND EARN A SECOND YEAR OF SUPPORT.
THE FOUNDATION HAS VARIOUS PROGRAMS TO RAISE AWARENESS WITHIN THE GENERAL PUBLIC, THOSE SUFFERING WITH ARTHRITIS AND THE MEDICAL/SCIENTIFIC RESEARCH COMMUNITIES ABOUT THE IMPORTANCE OF AND NEED FOR ARTHRITIS RESEARCH FOR DEVELOPING A CURE AND MORE EFFECTIVE TREATMENTS. ALSO PART OF THE EDUCATION COMPONENT IS RAISING AWARENESS OF THE PREVALENCE OF ARTHRITIS AND RELATED AUTOIMMUNE, THE FACT THAT CHILDREN GET ARTHRITIS AND THE CURRENT WORK BEING DONE IN THE FIELD OF ARTHRITIS RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Salter Chair | OfficerTrustee | 1 | $0 |
Kelli Matthews Vice Chair | OfficerTrustee | 1 | $0 |
Jeffrey Bates Board Member | Trustee | 1 | $0 |
Douglas A Granger Board Member | Trustee | 1 | $0 |
Craig Walsh Board Member | Trustee | 1 | $0 |
Theresa Hansen Secretary | 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 | $3,012,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,012,868 |
| Total Program Service Revenue | $0 |
| Investment income | $182,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $648,945 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,843,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,375,000 |
| 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. | $314,577 |
| Compensation of current officers, directors, key employees. | $31,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $566,637 |
| Pension plan accruals and contributions | $1,381 |
| Other employee benefits | $30,167 |
| Payroll taxes | $70,863 |
| Fees for services: Management | $96,816 |
| Fees for services: Legal | $39,081 |
| Fees for services: Accounting | $26,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,769 |
| Fees for services: Other | $9,302 |
| Advertising and promotion | $50,371 |
| Office expenses | $102,979 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,184 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,329 |
| Insurance | $37,402 |
| All other expenses | $17,397 |
| Total functional expenses | $3,995,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,793 |
| Savings and temporary cash investments | $117,242 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,356 |
| 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 | $33,366 |
| Net Land, buildings, and equipment | $14,247 |
| Investments—publicly traded securities | $9,609,158 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,062 |
| Total assets | $10,199,224 |
| Accounts payable and accrued expenses | $155,260 |
| 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 | $79,555 |
| Total liabilities | $234,815 |
| Net assets without donor restrictions | $9,765,419 |
| Net assets with donor restrictions | $198,990 |
| 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 | $10,199,224 |
Grants Awarded
Over the last fiscal year, Arthritis National Research Foundation has awarded $2,375,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM AND WOMENS HOSPITAL INC PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |
BOSTON CHILDRENS HOSPITAL PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |
HENRY FORD HEALTH SYSTEM PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |
NEW YORK UNIVERSITY GROSSMAN SCHOOL OF MEDICINE PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |
THE CHILDREN'S HOSPITAL CORPORATION PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |
THE FEINSTEIN INSTITUTE FOR MEDICAL RESEARCH PURPOSE: TO SUPPORT MEDICAL RESEARCH STUDY | $125,000 |