Foundation Forsurgical Fellowships
- Assets
- $1.8m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 27-1615075
Organization Overview
Foundation Forsurgical Fellowships is located in Los Angeles, CA. The organization was established in 2010. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Forsurgical Fellowships 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, Foundation Forsurgical Fellowships generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Foundation Forsurgical Fellowships has awarded 387 individual grants totaling $9,420,784. 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
FUND HIGH QUALITY FELLOWSHIPS IN VARIOUS AREAS OF SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND FELLOWSHIP TRAINING IN MINAMALLY INVASIVE SURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark A Talamini President | Officer | 1 | $0 |
Steven Schwaitzberg Vice President | Trustee | 1 | $0 |
Alice Wei Director | Trustee | 1 | $0 |
Dana Telem Director | Trustee | 1 | $0 |
Caitlin Halbert Director | Trustee | 1 | $0 |
Sean Orestein Director | 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 | $2,489,221 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,489,221 |
| Total Program Service Revenue | $0 |
| Investment income | $558 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,500,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,140,784 |
| 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 | $320,000 |
| Fees for services: Legal | $13,669 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,400 |
| Advertising and promotion | $0 |
| Office expenses | $701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,867 |
| 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 | $7,568 |
| Total functional expenses | $2,557,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $813,051 |
| Savings and temporary cash investments | $1,011,808 |
| 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 | $1,824,859 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $678,500 |
| 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 | $0 |
| Total liabilities | $678,500 |
| Net assets without donor restrictions | $1,146,359 |
| 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 | $1,824,859 |
Grants Awarded
Over the last fiscal year, Foundation Forsurgical Fellowships has awarded $2,140,784 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
Independence, OH PURPOSE: General Support | $70,000 |
Seattle, WA PURPOSE: General Support | $60,000 |
Shaker Heights, OH PURPOSE: General Support | $60,000 |
Westbury, NY PURPOSE: General Support | $60,000 |
ADVENT HEALTH PURPOSE: General Support | $50,000 |
Charlotte, NC PURPOSE: General Support | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation Forsurgical Fellowships has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Sages Education And Research Foundation Los Angeles, CA PURPOSE: MEDICAL RESEARCH GRANT | $30,000 |
Society For Surgery Of The Alimentary Tract Beverly, MA PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Access For All Inc Los Angeles, CA | $8,414,100 | $18,615,692 |
Legacy Visiting Nurse Association Portland, OR | $8,747,577 | $10,266,388 |
Oregon Nurses Association Tualatin, OR | $16,238,554 | $10,652,620 |
Aacn Certification Corp Aliso Viejo, CA | $40,328,205 | $13,070,115 |
California Association Of Health Facilities Sacramento, CA | $19,218,296 | $7,665,743 |
Coalition Of Orange County Community Clinics Santa Ana, CA | $57,820,853 | $5,370,472 |
Hospital Council Of Northern And Central California Inc Sacramento, CA | $6,377,651 | $5,140,915 |
Oregon Health Care Association Portland, OR | $8,010,690 | $4,365,230 |
California Nurses Association Benefit Tr Dublin, CA | $4,202,471 | $3,877,952 |
Health Career Connection Inc Oakland, CA | $490,080 | $3,272,430 |
California Pharmacists Association Sacramento, CA | $4,561,029 | $2,898,875 |
Foundation Forsurgical Fellowships Los Angeles, CA | $1,824,859 | $2,500,979 |