Foundation For Smfm
- Assets
- $9.2m
- Revenue
- $572.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 03/2004
- Data as of
- 12/2023
- EIN
- 41-2103331
Organization Overview
Foundation For Smfm is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Foundation For Smfm employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Smfm 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, Foundation For Smfm generated $572.9k 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 (11.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Foundation For Smfm has awarded 37 individual grants totaling $1,850,330. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE CARE IN PREGNANCY THROUGH RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUCCESSFULLY FUNDS AND AWARDS SCHOLARSHIPS AND GRANTS TO PROMISING RESEARCHERS WHO ARE INVESTIGATING CAUSES OF MATERNAL AND INFANT MORTALITY AND MORBIDITY. FOUNDATION PROGRAMS HAVE OFFERED OPPORTUNITIES TO IMPROVE PREGNANCY OUTCOMES THROUGH RESEARCH AND CLINICAL TRAINING GRANTS, GLOBAL HEALTH INITIATIVES AND MENTORING OF THE NEXT GENERATION OF CLINICIANS AND SCIENTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Hoopes Executive Director | Officer | 35 | $112,428 |
Christopher Robinson MD Mscr Development Committee Chair | OfficerTrustee | 2 | $0 |
Samuel Parry MD Scholarly Activities Committee Chair | OfficerTrustee | 2 | $0 |
Kjersti Aagaard MD PHD Secretary And Assistant Treasurer | OfficerTrustee | 2 | $0 |
James Keller MD Mhsa Treasurer/finance Committee Chair | OfficerTrustee | 2 | $0 |
Brian Mercer MD Immediate Past Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $180,481 |
| Fundraising events | $49,436 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,756 |
| Noncash contributions included in lines 1a–1f | $23,530 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $366,673 |
| Total Program Service Revenue | $0 |
| Investment income | $270,228 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,358 |
| Net Income from Fundraising Events | -$48,628 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $572,915 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $462,968 |
| Grants and other assistance to domestic individuals. | $41,051 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,185 |
| Compensation of current officers, directors, key employees. | $27,761 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,421 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,073 |
| Payroll taxes | $30,423 |
| Fees for services: Management | $6,197 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,544 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,118 |
| Fees for services: Other | $29,364 |
| Advertising and promotion | $6,115 |
| Office expenses | $6,477 |
| Information technology | $7,758 |
| Royalties | $0 |
| Occupancy | $11,855 |
| Travel | $3,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171,643 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $311 |
| Insurance | $1,537 |
| All other expenses | $18,148 |
| Total functional expenses | $1,323,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,300 |
| 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 | $12,651 |
| Net Land, buildings, and equipment | $1,556 |
| Investments—publicly traded securities | $8,753,843 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,246,021 |
| Accounts payable and accrued expenses | $753,699 |
| Grants payable | $0 |
| Deferred revenue | $184,166 |
| 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 | $937,865 |
| Net assets without donor restrictions | $6,537,651 |
| Net assets with donor restrictions | $1,770,505 |
| 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 | $9,246,021 |
Grants Awarded
Over the last fiscal year, Foundation For Smfm has awarded $450,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSSETTS GENERAL HOSPITAL PURPOSE: ABOG BRIDGE AWARD - MARK A. CLAPP | $75,000 |
THE REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: COURTNEY TOWNSEL AAOGF SCHOLAR AWARD | $64,110 |
MEDICAL COLLEGE OF WISCONSIN PURPOSE: 2023 QUEENAN GLOBAL HEALTH AWARDEE: DR. JESSICA CHUNG | $15,000 |
UNIVERSITY OF MARYLAND BALTIMORE PURPOSE: COURTNEY TOWNSEL AAOGF SCHOLAR AWARD | $55,890 |
YALE UNIVERSITY PURPOSE: MOLLY MCADOW, MD, PHD- SMFM/AAOGF SCHOLARSHIP AWARD | $120,000 |
THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PURPOSE: KRISTIN GERSON, MD, PHD, YEAR 3 AAOGF | $60,000 |