Parsemus Foundation is located in San Francisco, CA. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parsemus 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 12/2023, Parsemus Foundation generated $318.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $794.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Parsemus Foundation has awarded 39 individual grants totaling $596,413. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMENS HEALTHTHE FOUNDATIONS MAIN EFFORT IN 2023 WAS PREPARING FOR THE LAUNCH OF A NEW PROGRAM ON WOMENS HORMONAL HEALTH. THE SCOPE OF THE PROJECT WAS EXPANDED FROM MENOPAUSE HEALTH TO WOMENS HORMONAL HEALTH ACROSS THE LIFESPAN. THE NEW PROJECT IS CALLED HORMONALLY.UNDER THE LEADERSHIP OF A NEW PROGRAM DIRECTOR, RESEARCH ON THE SCOPE OF THE PROGRAM WAS COMPLETED AND THE NEW MISSION SET.THE RESEARCH, DESIGN, AND CONTENT-CREATION FOR THE FULL HORMONALLY.ORG WEBSITE WAS COMPLETED. THE LAUNCH OF THE WEBSITE IS EXPECTED IN JANUARY, 2024.TO GATHER DATA AND MAKE CONTACTS, THE DIRECTOR ATTENDED WOMENS HEALTH CONFERENCES,INCLUDING THE SWELL MENOPAUSE CONFERENCE, THE EUROPEAN CONGRESS ON MENOPAUSE, THE WOMENS HEALTH CONFERENCE, AND THE EUROPEAN MENOPAUSE AND ANDROPAUSE MEETING.FEE-FOR-SERVICE FUNDING CONCEPTS WERE EVALUATED. A DEDICATED WEBPAGE ON MENOPAUSE WAS CREATED FOR THE PARSEMUS FOUNDATION WEBSITE, INCLUDING ASSOCIATED INFOGRAPHICS AND POSTS.
ANIMAL WELFARE AND ALTERNATIVE STERILIZATION METHODSPARSEMUS FOUNDATION HAS SUPPORTED RESEARCH AND ADVOCACY ON ALTERNATIVES TO TRADITIONAL STERILIZATION METHODS, PROVIDING EXTENSIVE INFORMATION ON OUR WEBSITE FOR PET OWNERS. THE FOUNDATION ALSO OFFERS INFORMATION ON ENHANCED ANIMAL WELFARE STANDARDS, TREATMENT OF BENIGN PROSTATIC HYPERPLASIA, AND HORMONE RESTORATION THERAPY IN DOGS.THE FOUNDATION SERVES AS A PRIMARY RESOURCE FOR INFORMATION ON HORMONE-SPARING STERILIZATION OPTIONS FOR DOGS, INCLUDING MANAGEMENT OF A DIRECTORY OF VETERINARIANS WHO OFFER ALTERNATIVE STERILIZATION PROCEDURES FOR PETS.WE CREATED A NEW EXPLAINER VIDEO ABOUT THE USE OF PULSED ELECTROMAGNETIC THERAPY FOR BENIGN PROSTATIC HYPERPLASIA IN DOGS.A NEW RESEARCH STUDY ON TESTOSTERONE HORMONE RESTORATION WAS LAUNCHED IN 2023 WITH EXPECTED RESULTS IN 2024.IN THE PAST YEAR, THE PARSEMUS FOUNDATION HAS PROVIDED GENERAL SUPPORT FOR AMICI CANNIS AND THE ALLIANCE FOR CONTRACEPTION IN CATS AND DOGS.WE DISTRIBUTED EDUCATIONA
INFECTIOUS DISEASE RESEARCH AND ADVOCACYPARSEMUS FOUNDATION CONTINUED TO SUPPORT THE DISSEMINATION OF THE COVID-OUT CLINICAL TRIAL RESULTS, WHICH REPORTED THE BENEFITS OF METFORMIN TO TREAT COVID-19 SYMPTOMS AND LONG COVID. THE PARSEMUS FOUNDATION SUPPORTED MEDIA MANAGEMENT FOR THE ANNOUNCEMENT OF THE RESULTS OF THE COVID-OUT CLINICAL TRIAL FOR LONG COVID. PRESS RELEASE AND SOCIAL MEDIA WERE COMPLETED IN COORDINATION WITH THE UNIVERSITY OF MINNESOTAS COMMUNICATIONS DEPARTMENT.WE CREATED NEW INFOGRAPHICS AND WEBSITE/SOCIAL MEDIA MATERIALS RELATED TO THE FINDINGS ABOUT METFORMIN FOR COVID-19 AND LONG COVID.A PUBLICATION AWARD WAS PROVIDED TO DR. CAROLYN BRAMANTE FOR THE COVID-OUT CLINICAL TRIAL RESULTS PUBLICATION.THE FOUNDATION SUPPORTED THE OPTIMMUNIZE CONFERENCE, WHICH BROUGHT TOGETHER RESEARCHERS WORKING ON THE NON-SPECIFIC EFFECTS OF VACCINES.A NEW WEBPAGE ON VACCINE NON-SPECIFIC EFFECTS WAS LAUNCHED.
MALE CONTRACEPTION, FAMILY PLANNING, AND AGINGPARSEMUS FOUNDATION SUPPORTS CONTRACEPTION AND FAMILY PLANNING INITIATIVES, FOCUSED MAINLY ON THE OVERSIGHT OF THE DEVELOPMENT OF THE VASALGEL MALE CONTRACEPTIVE.THE FOUNDATION CONTINUED TO CONSULT WITH NEXT LIFE SCIENCES, THE ORGANIZATION THAT LICENSED THE VASALGEL TECHNOLOGY. THIS INCLUDED MONTHLY MEETINGS, EVALUATION OF PROGRESS, AND COORDINATION OF MEDIA EFFORTS. THE COMPANY HAS MADE SIGNIFICANT PROGRESS TOWARD HUMAN CLINICAL TRIALS OF "PLAN A", THE NAME OF THE NEXT LIFE SCIENCES PRODUCT USING VASALGEL TECHNOLOGY.THE PROGRESS ON PROGRAMS MADE POSSIBLE BY GIFTS FROM THE FOUNDATION TO A FAMILY PLANNING ORGANIZATION CONTINUED TO BE MONITORED.A GRANT TO STUDY THE INFLUENCE OF LITHIUM OROTATE ON THE DEVELOPMENT OF ALZHEIMERS DISEASE AND DEMENTIA WAS MADE TO THE UNIVERSITY OF SASKATCHEWAN. THE STUDY USES A MOUSE MODEL OF THE DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elaine A Lissner Trustee | 12 | $0 | |
Linda Brent PHD MBA Exec. Dir. | 40 | $155,862 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Blue Tusk Digital | 12/30/21 | $70,600 |
Concorde Communications | 12/30/21 | $82,600 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $218,481 |
Interest on Savings | $29,940 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,698 |
Capital Gain Net Income | $6,698 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $63,741 |
Total Revenue | $318,860 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $155,862 |
Other employee salaries and wages | $117,308 |
Pension plans, employee benefits | $22,007 |
Interest | $18,318 |
Taxes | $5,470 |
Depreciation | $18,699 |
Occupancy | $0 |
Travel, conferences, and meetings | $2,214 |
Printing and publications | $0 |
Other expenses | $113,200 |
Total operating and administrative expenses | $755,238 |
Contributions, gifts, grants paid | $39,480 |
Total expenses and disbursements | $794,718 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,430 |
Savings and temporary cash investments | $459,863 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $79,664 |
Net Land, buildings, and equipment | $559,802 |
Other assets | $2,354,317 |
Total assets | $3,563,075 |
Accounts payable and accrued expenses | $9,323 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $1,750,000 |
Other liabilities | $6,965 |
Total liabilities | $1,766,288 |
Over the last fiscal year, Parsemus Foundation has awarded $39,480 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE FOR CONTRACEPTION CATS DOG PURPOSE: CONTRIBUTION TO ACC&D | $5,000 |
UNIVERSITY OF SASKATCHEWAN PURPOSE: LITHIAM OROTATE STUDY. | $15,000 |
AMICI CANNIS USA PURPOSE: GENERAL SUPPORT | $10,000 |
UNIVERSITY OF SOUTHERN DENMARK PURPOSE: GENERAL SUPPORT | $6,320 |
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: COVID-19 RESEARCH | $3,160 |