Digestive Disease Research Foundation
- Assets
- $716.7k
- Revenue
- $240.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 55-0823815
Organization Overview
Digestive Disease Research Foundation is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (H70) the organization is classified as: Digestive Diseases & Disorders 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. Digestive Disease Research 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 12/2021, Digestive Disease Research Foundation generated $240.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $212.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONDUCT AND SUPPORT MEDICAL RESEARCH IN THE FIELD OF GASTROENTEROLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE STIPENDS TO MEDICAL SCHOOL STUDENTS WHO UNDERTAKE A SCHOLARLY YEAR OF MENTORED CLINICAL RESEARCH IN DIGESTIVE DISEASES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Aisenberg President | OfficerTrustee | 10 | $0 |
Derek Strum Treasurer | OfficerTrustee | 10 | $0 |
Ian Lieberman Director | Trustee | 1 | $0 |
Steven Itzkowitz Director | Trustee | 1 | $0 |
Paul Segal Director | Trustee | 1 | $0 |
Michael Silverstein 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 | $217,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,880 |
| Total Program Service Revenue | $0 |
| Investment income | $4,494 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,423 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $198,700 |
| 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 | $9,390 |
| Fees for services: Accounting | $1,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $240 |
| Information technology | $801 |
| 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 | $0 |
| Total functional expenses | $212,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,356 |
| Savings and temporary cash investments | $101,482 |
| 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 | $336,833 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $716,671 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $116,200 |
| 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 | $116,200 |
| Net assets without donor restrictions | $600,471 |
| 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 | $716,671 |
Grants Awarded
Over the last fiscal year, Digestive Disease Research Foundation has awarded $198,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $183,700 |
New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION. | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Digestive Disease Research Foundation has recieved totaling $86,520.
| Awarding Organization | Amount |
|---|---|
Paul And Jenna Segal Family Foundation New York, NY PURPOSE: OPERATIONS | $50,000 |
Mike & Sofia Segal Foundation New York, NY PURPOSE: OPERATIONS | $25,000 |
Marcia And Lawrence Israel Foundation Inc Los Angeles, CA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $5,000 |
Clc Kramer Foundation Inc Palm Beach Gardens, FL PURPOSE: GENERAL | $3,000 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $2,000 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Microbiome Health Research Institute Cambridge, MA | $10,887,542 | $6,330,530 |
Gi Health Foundation Inc Clark, NJ | $1,737,185 | $2,292,635 |
National Pressure Ulcer Advisory Panel Inc Westford, MA | $1,611,877 | $813,572 |
Digestive Disease Research Foundation New York, NY | $716,671 | $240,797 |
Athletes Vs Crohns Inc Scarsdale, NY | $218,270 | $0 |
Bockus International Society Of Gastroenterology Inc East Hills, NY | $856,456 | $41,444 |
Colon & Rectal Research Foundation Allentown, PA | $134,832 | $8,551 |