National Blood Foundation Research And Education Trust Fund
- Assets
- $19.3m
- Revenue
- $616.6k
- Investments
- $367.7k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 52-2059102
Organization Overview
National Blood Foundation Research And Education Trust Fund is located in Bethesda, MD. The organization was established in 1999. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, 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. National Blood Foundation Research And Education Trust Fund 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, National Blood Foundation Research And Education Trust Fund generated $616.6k 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 (6.9%) each year. All expenses for the organization totaled $592.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, National Blood Foundation Research And Education Trust Fund has awarded 26 individual grants totaling $1,949,163. 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
THE NBFRET IS A PRIVATE TRUST ORGANIZED FOR CHARITABLE PURPOSES AND IS CLASSIFIED AS A "TYPE III" SUPPORTING ORGANIZATION OPERATING EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT AWARDS:SIX (6) GRANTS WERE AWARDED TO SIX (6) PRINCIPAL INVESTIGATORS AT SIX (6) INSTITUTIONS FOR EARLY-CAREER SCIENTIFIC RESEARCH AND STRATEGIC RESEARCH AND EDUCATION. THE RESEARCH FINDINGS ARE PUBLISHED BY AMERICAN ASSOCIATION OF BLOOD BANKS AND OTHER BLOOD TRANSFUSION AND SCIENTIFIC JOURNALS AND PERIODICALS.
IN JULY OF EACH YEAR, A "REQUEST FOR PROPOSALS NOTICE IS ISSUED FOR THE SCIENTIFIC RESEARCH GRANT PROGRAM, IN THE FIELDS OF TRANSFUSION MEDICINE, CELLULAR THERAPIES AND PATIENT BLOOD MANAGEMENT. APPLICATIONS ARE ACCEPTED FROM JULY THROUGH DECEMBER 1ST. IN OCTOBER, THE GRANT PROGRAM IS MARKETED DURING THE AABB ANNUAL MEETING AND IT OFFERS CME CREDITS FOR ATTENDEES TO THE GRANT RECIPIENTS' LECTURE AND LUNCHEON WHERE THREE PRIOR GRANT RECIPIENTS PRESENT THEIR RESEARCH. BASED UPON THE RESEARCH PROJECT AREAS SUBMITTED, THE GRANT REVIEW COMMITTEE CHAIR DEVELOPS THE COMMITTEE TO ENSURE THAT THE COMMITTEE CONSISTS OF THE EXPERTISE NEEDED TO REVIEW THE SUBMITTED RESEARCH. THE APPLICATION REVIEW PROCESS BEGINS AT THE FIRST OF THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hrouda Chair | OfficerTrustee | 2 | $0 |
Debra Benavram CEO | Officer | 2 | $0 |
Col G Michael Fitzpatrick Trustee | Trustee | 1 | $0 |
Jose A Cancelas Perez Trustee | Trustee | 1 | $0 |
Aaron Tobian Trustee | Trustee | 1 | $0 |
Bradley Kendrex Trustee | 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 | $616,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,602 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $616,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $449,759 |
| 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 | $18,372 |
| 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 | $65,752 |
| Advertising and promotion | $0 |
| 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 | $8,519 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $50,001 |
| Total functional expenses | $592,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $170 |
| 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 | $18,403,222 |
| Investments—other securities | $367,662 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $244,207 |
| Total assets | $19,338,197 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $17,639,519 |
| Net assets with donor restrictions | $1,698,678 |
| 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 | $19,338,197 |
Grants Awarded
Over the last fiscal year, National Blood Foundation Research And Education Trust Fund has awarded $449,759 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: NBF CAREER GRANT | $75,000 |
Oakland, CA PURPOSE: UCSF AWARD | $75,000 |
Redwood City, CA PURPOSE: NBF CAREER GRANT | $75,000 |
Salt Lake City, UT PURPOSE: 2021 NBF GRANT | $75,000 |
Rochester, MN PURPOSE: 2021 NBF GRANT | $74,891 |
AUBURN UNIVERSITY PURPOSE: NBF CAREER GRANT | $74,868 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that National Blood Foundation Research And Education Trust Fund has recieved totaling $155,225.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: TO PROVIDE FINANCIAL SUPPORT FOR ONE EARLY CAREER RESEARCH GRANT IN TRANSFUSION MEDICINE AND CELLULAR THERAPIES | $75,000 |
Vitalant Scottsdale, AZ PURPOSE: NFB/CORD SUPPORT | $75,000 |
Santa Barbara Foundation Santa Barbara, CA PURPOSE: HEALTH - GENERAL & REHABILITATIVE | $5,225 |
Endowment Analysis
| Beg. Balance | $1,211,957 |
| Ending Balance | $1,211,957 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hcsc Blood Center Allentown, PA | $19,286,704 | $28,821,551 |
American Association Of Blood Banks Bethesda, MD | $24,237,461 | $17,845,261 |
Central Pennsylvania Blood Bank Hummelstown, PA | $15,323,088 | $15,845,054 |
Blood Bank Of Delmarva Inc Newark, DE | $0 | $12,947,614 |
Community Blood Bank Of Erie County Erie, PA | $4,765,344 | $7,315,066 |
Williamsport Area Ambulance Service Cooperative Pittsburgh, PA | $2,645,116 | $6,256,971 |
Pocono Mountain Regional Emergency Medical Services Inc Tobyhanna, PA | $3,234,730 | $3,504,983 |
The Institute For Transfusion Medicine Pittsburgh, PA | $0 | $5,367,258 |
Blood Science Foundation Pittsburgh, PA | $54,733,900 | $2,135,841 |
National Blood Foundation Research And Education Trust Fund Bethesda, MD | $19,338,197 | $616,602 |
The Foundation For Americas Blood Centers Washington, DC | $2,029,171 | $548,650 |