Italian Scientists And Scholars Innorth America Foundation
- Assets
- $174.6k
- Revenue
- $162.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Atherton, CA
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-8381275
Organization Overview
Italian Scientists And Scholars Innorth America Foundation is located in Atherton, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian Scientists And Scholars Innorth America 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, Italian Scientists And Scholars Innorth America Foundation generated $162.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $79.8k during the year ending 12/2023. 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 PROMOTE SCIENTIFIC, ACADEMIC AND TECHNOLOGIC COOPERATION AMONG ITALIAN RESEARCHERS ACTIVE IN NORTH AMERICA AND ITALY. THIS IS DONE THROUGH THE FUNDING OF FELLOWSHIPS AND INTERNSHIPS, ADVOCACY, NETWORKING AND RUNNING WEB BASED ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POST DOCTORAL FELLOWSHIPS PROGRAM IN MOLECULAR BIOLOGY FOR ITALIAN RESEARCHERS FROM THE MARCHE REGION OF ITALY, HOSTED BY PRESTIGOUS UNIVERSITIES AND RESEARCH CENTERS IN THE UNITED STATES.SUMMER INTERNSHIPS FOR YOUNG ITALIAN ENGINEERS. ORGANIZED AND FUNDED 23 INTERNSHIPS FOR YOUNG ITALIAN ENGINEERS, SELECTED AMONG 800 APPLICANTS TO WORK IN PRESTIGOUS UNITED STATES UNIVERSITIES.NETWORKING PROGRAM. SUPPORTED AND ORGANIZED AN ANNUAL MEETING , CONDUCTED SEMINARS AND MAINTAINED A WEBSITE TO CONNECT ITALIAN SCIENTISTS IN ITALY AND NORTH AMERICA SO KNOWLEDGE AND OPPORTUNITIES COULD BE SHARED.POLITENICO DE MILANO PROGRAM TO SUPPORT THE CREATION OF FELLOWSHIPS AND POST DOC PROGRAMS FROM CANDIDATES ABROAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcello Romano Director | Trustee | 1 | $0 |
Cinzia Zuffada President | Trustee | 1 | $0 |
Elisa Bertino Vice Chair | Trustee | 1 | $0 |
Alberto Sangiovanni Vincentell Director | Trustee | 1 | $0 |
Elena Orlando Scientific Adv | Trustee | 1 | $0 |
Alessandra Ratti Scientific Adv | Trustee | 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 | $159,424 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,424 |
| Total Program Service Revenue | $0 |
| Investment income | $93 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,700 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $162,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $259 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,367 |
| Total functional expenses | $79,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,600 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,600 |
| Accounts payable and accrued expenses | -$2,258 |
| 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 | $1 |
| Total liabilities | -$2,257 |
| Net assets without donor restrictions | $176,857 |
| 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 | $174,600 |