Neurosurgery Research And Education Foundation

Organization Overview

Neurosurgery Research And Education Foundation is located in Rolling Meadows, IL. The organization was established in 2014. According to its NTEE Classification (H96) the organization is classified as: Neurology & Neuroscience Research, 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. Neurosurgery Research And Education 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 06/2020, Neurosurgery Research And Education Foundation generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.9m during the year ending 06/2020. While expenses have increased by 2.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Neurosurgery Research And Education Foundation has awarded 155 individual grants totaling $9,808,375. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE LIVES BY ADVANCING NEUROSURGICAL CARE THROUGH THE FUNDING OF RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

-TO PROVIDE A PRIVATE, NON-GOVERNMENTAL SOURCE OF FUNDING FOR RESEARCH TRAINING IN THE NEUROSCIENCES RELATED TO THE FIELD OF NEUROLOGICAL SURGERY;-TO ENSURE THE CONTINUED VIABILITY AND EXPANSION OF THE FIELD OF NEUROLOGICAL SURGERY BASED ON FUNDAMENTAL RESEARCH IN THE BASIC SCIENCES AND CLINICAL ENTERPRISES PERTINENT TO NEUROSURGERY;-TO AUGMENT SUPPORT FOR RESEARCH ENDEAVORS BY THE NEUROSURGICAL COMMUNITY;-TO STIMULATE LEARNING BY NEUROSURGEONS AND ENHANCE EDUCATIONAL OPPORTUNITIES FOR THEM THROUGHOUT THEIR CAREERS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael W Groff
Chair
$0
Charles L Branch Jr
Vice-Chair
$0
Anthony L Asher
Treasurer
$0
Gregory J Zipfel
Secretary
$0
Kathleen T Craig
CEO
$0
Dennis J Rizzo
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Piedmont Healthcare Foundation Inc
Health Education Services
$886,000
Rush University Medical Center
Health Services
$130,000
University Of Miami Office Of Research
Health Services
$117,500
Duke University
Health Services
$102,500
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,627,946
Investment income $264,461
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $68,377
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,635,284

Grants Awarded

Over the last fiscal year, Neurosurgery Research And Education Foundation has awarded $1,634,250 in support to 23 organizations.

Grant RecipientAmount

Durham, NC

PURPOSE: NREF 2021 Medical Student Summer Research Fellowship, NREF Clinical Fellowship Grant

$202,500

RUSH UNIVERSITY MEDICAL CENTER

Org PageRecipient Profile

Chicago, IL

PURPOSE: NREF 2021 Medical Student Summer Research Fellowship, NREF Clinical Fellowship Grant

$142,500

CEDARS-SINAI MEDICAL CENTER

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: NREF Clinical Fellowship Grant

$140,000

UNIVERSITY OF MIAMI

Org PageRecipient Profile

Coral Gables, FL

PURPOSE: NREF Clinical Fellowship Grant

$140,000

NORTHWESTERN UNIVERSITY

Org PageRecipient Profile

Evanston, IL

PURPOSE: NREF Clinical Fellowship Grant, NREF Research Fellowship and Young Clinician Investigator Award

$110,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO

Org PageRecipient Profile

San Francisco, CA

PURPOSE: NREF Clinical Fellowship Grant, NREF 2021 Medical Student Summer Research Fellowship, NREF Research Fellowship and Young Clinician Investigator Award

$110,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Neurosurgery Research And Education Foundation has recieved totaling $177,569.

Awarding OrganizationAmount
Stachestrong Inc

Vestal, NY

PURPOSE: SUPPORT BRAIN CANCER RESEARCH

$100,000
Southeastern Brain Tumor Foundation Inc

Atlanta, GA

PURPOSE: BRAIN TUMOR RESEARCH

$52,500
Integra Foundation Inc

Princeton, NJ

PURPOSE: 2022 DAVID KLINE RESEARCH AWARD AND SYMPOSIUM - SUPPORT FOR BASIC OR CLINICAL RESEARCH RELATED TO PERIPHERAL NERVES

$15,000
Lenke Family Foundation

New York, NY

PURPOSE: UNRESTRICTED USE IN EXEMPT PURPOSE

$5,000
Janusz A Subczynski Md F A C S Neuroscience Foundation

Grosse Pointe Woods, MI

PURPOSE: GENERAL

$4,419
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$650
View Grant Recipient Profile

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