Civic Intelligence

Osseointegration Foundation

990 • Fiscal year 2023 • EIN 36-3773538

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 06, 2024

85 W Algonquin Road 550Arlington Heights, IL 60005-4426

(847) 439-1919

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

58th percentile

8.4%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-58%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,721,485

Up $442,540 (+8.4%) from 2022

Net Assets

Up

$5,717,467

Up $500,165 (+9.6%) from 2022

Liabilities

Down

$4,018

Down $57,625 (-93%) from 2022

Revenue

Down

$240,460

Down $338,002 (-58%) from 2022

Expenses

Down

$340,463

Down $188,068 (-36%) from 2022

Net Income

Down

-$100,003

Down $149,934 (-300%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $4,565,984Liabilities 2016: $3,921Net Assets 2016: $4,562,0632016Assets 2017: $5,133,004Liabilities 2017: $5,136Net Assets 2017: $5,127,8682017Assets 2018: $4,606,872Liabilities 2018: $2,588Net Assets 2018: $4,604,2842018Assets 2019: $5,253,934Liabilities 2019: $1,947Net Assets 2019: $5,251,9872019Assets 2020: $5,807,579Liabilities 2020: $1,901Net Assets 2020: $5,805,6782020Assets 2021: $6,326,165Liabilities 2021: $22,194Net Assets 2021: $6,303,9712021Assets 2022: $5,278,945Liabilities 2022: $61,643Net Assets 2022: $5,217,3022022Assets 2023: $5,721,485Liabilities 2023: $4,018Net Assets 2023: $5,717,4672023Assets 2024: $6,035,493Liabilities 2024: $14,972Net Assets 2024: $6,020,5212024

Highlighted filing

2023

Assets$5,721,485
Liabilities$4,018
Net Assets$5,717,467

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $161,285Expenses 2016: $155,803Net Income 2016: $5,4822016Revenue 2017: $220,290Expenses 2017: $158,428Net Income 2017: $61,8622017Revenue 2018: $226,370Expenses 2018: $339,105Net Income 2018: -$112,7352018Revenue 2019: $189,659Expenses 2019: $220,571Net Income 2019: -$30,9122019Revenue 2020: $311,005Expenses 2020: $194,001Net Income 2020: $117,0042020Revenue 2021: $326,159Expenses 2021: $145,750Net Income 2021: $180,4092021Revenue 2022: $578,462Expenses 2022: $528,531Net Income 2022: $49,9312022Revenue 2023: $240,460Expenses 2023: $340,463Net Income 2023: -$100,0032023Revenue 2024: $441,337Expenses 2024: $351,192Net Income 2024: $90,1452024

Highlighted filing

2023

Revenue$240,460
Expenses$340,463
Net Income-$100,003
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 6, 2024
Return Version
2023v5.1
Gross Receipts
$336,245
Mission and Program Overview

Mission

To improve oral health by advancing and promoting the clinical science of osseointegration through education and research. Also to provide charitable grants to dentists for treatment of people in need.

To improve oral health by advancing and promoting the clinical science of osseointegration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,889,848$5,672,619▲ $782,771
Pledges and Grants Receivable$225,000--
Savings and Temporary Cash Investments$162,054$26,604▼ $135,450
Accounts Receivable-$19,446-
Prepaid Expenses and Deferred Charges$2,043$2,816▲ $773
Total Assets$5,278,945$5,721,485▲ $442,540
Liabilities
Accounts Payable and Accrued Expenses$61,643$4,018▼ $57,625
Total Liabilities$61,643$4,018▼ $57,625
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,000,254$4,541,291▲ $541,037
Net Assets Without Donor Restrictions$1,217,048$1,176,176▼ $40,872
Total Net Assets Fund Balance$5,217,302$5,717,467▲ $500,165
Total Liabilities and Net Assets / Fund Balance$5,278,945$5,721,485▲ $442,540

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,629,754-▲ $579,520$40,056$4,169,218
2022$4,532,993-▼ $716,516$186,723$3,629,754
2021$4,097,511-▲ $441,895$6,413$4,532,993
2020$3,600,853-▲ $518,416$21,758$4,097,511
2019$2,400,000-▲ $136,921-$2,400,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$64,327
Program Service Revenue
$0
Investment Income
$176,117
Other Revenue
$16
All Other Contributions
$64,327
Change in Net Assets
$-100,003

Audited Revenue Reconciliation

Revenue per Audited Statements
$227,512
Revenue Not Reported on Financial Statements
$12,948
Revenue Not Reported on Form 990
$596,931
Total Revenue per Audited Statements
$824,443
Total Revenue per Form 990
$240,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$229,089
Other Expenses$111,374
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$79,789--$79,789
Grants to Domestic Orgs$79,300--$79,300
Foreign Grants$70,000--$70,000
Fees for Services Management-$43,900-$43,900
Office Expenses-$22,250-$22,250
Conferences and Meetings$17,774--$17,774
Fees for Service Investment Mgmnt Fees-$12,948-$12,948
Fees for Services Accounting-$9,150-$9,150
Other Expenses$668$1,575-$2,243
Insurance-$2,043-$2,043
Fees for Services Legal-$1,066-$1,066
Total Functional Expenses$247,531$92,932$0$340,463

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$340,463
Expenses per Audited Statements$324,278
Total Expenses per Audited Statements$324,278
Expenses Not Reported on Financial Statements$16,185
Other Expense Adjustments$3,237
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Havard School of MedicineBoston, MA-Research Grants$49,300
University of IowaIowa City, IA-Research Grant$30,000

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization employs a management firm, executive administration, to provide management and administrative services. Kevin smith, executive director of the association received $190,899 in compensation for services to this organization and its related organization, of which $10,522 represents compensation for services to this organization. Kevin bragaw, cfo, received $30,666 in compensation for services to this organization and its related organization, of which $1,333 represents compensation for services to this organization.

Form 990, Part VI, Section B, Line 11B

The treasurer reviews the form 990 with the cfo and auditors. The treasurer then reports to the executive committee.

Form 990, Part VI, Section B, Line 12C

The organization requires the directors to review the policy and disclose any conflicts of interest on an annual basis. Each board member is required to complete a coi form which is maintained in the board files and reviewed annually by the officers and staff of the osseointegration foundation.

Form 990, Part VI, Section B, Line 15

The organization employs an independent management firm to provide these services. The management firm has adopted formal salary benchmarking and review procedures for its employees. The foundation has an agreement with its management firm to provide management and administrative services to the foundation. The agreement provides various hourly rates, depending on the service needed. The agreement can be terminated by either party by written notice. Management fees were $43,900 and $41,809 for the years ended december 31, 2023 and 2022, respectively.

Form 990, Part VI, Section C, Line 19

The organization makes these documents available to the public upon specific request.

Filing and Contact Details

Filer

Filer Name
Osseointegration Foundation
EIN
36-3773538
Phone
8474391919
Address
85 W ALGONQUIN ROAD 550, ARLINGTON HEIGHTS, IL 60005-4426

Signing Officer

Name
Kevin P Smith
Title
Executive Director
Phone
8474391919
Signed
2024-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin P Smith
Formed
1991
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
1707 N RANDALL ROAD STE 200, ELGIN, IL 60123
Preparer
Amy Dosik
Phone
8478888600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Unused grant funds returned 3,237.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of a fund established for the nobel biocare branemark osseointegration award (nbboa). During 2008, $100,000 of the $2,500,000 grant amount was approved by nobel biocare to be used by the foundation as its inaugural annual nbboa. In 2009, nobel biocare redefined its requirements on the remaining $2,400,000 grant. The donor-restricted endowment is to be used for the annual nbboa and may also be used for other funding by the foundation as long as professor p.i. Branemark's name is associated with the endeavor.

PART X, LINE 2:

The foundation has been determined to be exempt from income tax under section 501(c)(3) of the internal revenue code, and accordingly, no provision has been made for either federal or state income taxes. The foundation has evaluated the tax positions taken for all open tax years. Currently, the last three tax years are open and subject to examination by the internal revenue service; however, the foundation is not currently under audit nor has the foundation been contacted by this jurisdiction. Based on the evaluation of the foundation's tax positions, management believes all positions would be upheld under an examination; therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended december 31, 2023 and 2022.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Return of unused grants 3,237.

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IRS990/OtherExpensesGrp/ProgramServicesAmt0668
IRS990/OtherExpensesGrp/TotalAmt02243
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt016
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016
IRS990/OtherRevenueTotalAmt016
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0225000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02043
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02816
IRS990/PrincipalOfficerNm0KEVIN P SMITH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PATIENT CARE GRANTS 3 GRANTS AWARDED IN 2023.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt028793
IRS990/ProgSrvcAccomActy2Grp/GrantAmt028793
IRS990/ProgSrvcAccomActy3Grp/Desc0TRAVEL GRANTS - FOR ABSTRACT PRESENTERS TO TRAVEL TO AO ANNUAL MEETING 22 AWARDS IN 2023.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt022000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BRANEMARK AWARD.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt028996
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt028996
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0375510
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0430351
IRS990/PYInvestmentIncomeAmt0202947
IRS990/PYOtherExpensesAmt098180
IRS990/PYOtherRevenueAmt05
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt049931
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0528531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0578462
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100003
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0162054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026604
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE PERCENTAGE OF THE FOUNDATION'S SUPPORT FROM THE PUBLIC IS SLIGHTLY BELOW 33 1/3 BECAUSE IT RECEIVES A HIGH PERCENTAGE OF TOTAL SUPPORT FROM INVESTMENT INCOME ON ITS ENDOWMENT FUND. THE FACT THAT THE ENDOWMENT FUND WAS ORIGINALLY CONTRIBUTED BY A PUBLIC ORGANIZATION PROVIDES EVIDENCE THAT THE ORGANIZATION IS PUBLICLY SUPPORTED. IN ADDITION, THE FOUNDATION HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC. THE BOARD OF DIRECTORS IS COMPRISED OF PERSONS HAVING SPECIAL EXPERTISE IN THE FIELD OF OSSEOINTEGRATION. THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE ORAL HEALTH BY ADVANCING THE SCIENCE THROUGH RESEARCH AND PROVIDING CHARITABLE GRANTS. THE FOUNDATION CONTINUES ITS EFFORTS TO ATTRACT MORE PUBLIC SUPPORT THROUGH THE TITANIUM SOCIETY PROGRAM. DONORS THAT MAKE CONTRIBUTIONS OVER A CERTAIN THRESHHOLD ARE ACKNOWLEDGED AS A TITANIUM SOCIETY MEMBER IN NEWSLETTERS, ONLINE, AND AT THE AO ANNUAL MEETING.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt064327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0375510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt041555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028426
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0565298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0148563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0110103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0139504
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0115554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0131095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0644819
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt016
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/OtherIncome170Grp/TotalAmt021
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.25790
IRS990ScheduleA/PublicSupportPY170Pct00.24930
IRS990ScheduleA/PublicSupportTotal170Amt0312110
IRS990ScheduleA/SubstantialContributorsTotAmt0253188
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0375510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt041555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028426
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0565298
IRS990ScheduleA/TotalSupportAmt01210138
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03629754
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04169218
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0579520
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt040056
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04532993
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03629754
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-716516
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0186723
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04097511
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04532993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0441895
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt06413
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03600853
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04097511
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0518416
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt021758
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02400000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02400000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0136921
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0136921
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt016185
IRS990ScheduleD/ExpensesSubtotalAmt0324278
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012948
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012948
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0596931
IRS990ScheduleD/OtherExpensesNotIncludedAmt03237
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0596931
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012948
IRS990ScheduleD/RevenueSubtotalAmt0227512
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF A FUND ESTABLISHED FOR THE NOBEL BIOCARE BRANEMARK OSSEOINTEGRATION AWARD (NBBOA). DURING 2008, $100,000 OF THE $2,500,000 GRANT AMOUNT WAS APPROVED BY NOBEL BIOCARE TO BE USED BY THE FOUNDATION AS ITS INAUGURAL ANNUAL NBBOA. IN 2009, NOBEL BIOCARE REDEFINED ITS REQUIREMENTS ON THE REMAINING $2,400,000 GRANT. THE DONOR-RESTRICTED ENDOWMENT IS TO BE USED FOR THE ANNUAL NBBOA AND MAY ALSO BE USED FOR OTHER FUNDING BY THE FOUNDATION AS LONG AS PROFESSOR P.I. BRANEMARK'S NAME IS ASSOCIATED WITH THE ENDEAVOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE FOUNDATION HAS EVALUATED THE TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE LAST THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER, THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION BEEN CONTACTED BY THIS JURISDICTION. BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RETURN OF UNUSED GRANTS 3,237.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0340463
IRS990ScheduleD/TotalRevenuePerForm990Amt0240460
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0824443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0324278
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt020000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt120000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt230000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0RESEARCH GRANT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1RESEARCH GRANT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2RESEARCH GRANT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EUROPE, SWITZERLAND
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE, ITALY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EAST ASIA AND THE PACIFIC, AUSTRALIA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/Total501c3OrgCnt03
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt028793
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt122000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt228996
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0PATIENT CARE GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TRAVEL GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2BRANEMARK AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt122
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/RecipientTable/CashGrantAmt049300
IRS990ScheduleI/RecipientTable/CashGrantAmt130000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAVARD SCHOOL OF MEDICINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF IOWA
IRS990ScheduleI/RecipientTable/RecipientEIN0042103580
IRS990ScheduleI/RecipientTable/RecipientEIN1426004813

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