Target Als Foundation Inc
- Assets
- $26.5m
- Revenue
- $7.0m
- Investments
- $2.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-0756743
Organization Overview
Target Als Foundation Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Target Als Foundation Inc 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, Target Als Foundation Inc generated $7.0m in total revenue.
Since 2019, Target Als Foundation Inc has awarded 117 individual grants totaling $22,521,715. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manish Raisinghani President | 40 | $309,000 | |
Kenneth Devaney Treasurer | 40 | $211,150 | |
Story Landis Board Member | 1 | $0 | |
Stacie Weninger Board Member | 1 | $0 | |
Zach W Hall Board Member | 1 | $0 | |
John Dunlop Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Jacksons Laboratory | 12/30/19 | $162,886 |
The Jacksons Laboratory | 12/30/19 | $162,886 |
Columbia University | 12/30/19 | $81,100 |
Johns Hopkins University | 12/30/19 | $65,000 |
Columbia University | 12/30/19 | $81,100 |
Johns Hopkins University | 12/30/19 | $65,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,884,826 |
| Interest on Savings | $3,174 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,881 |
| Capital Gain Net Income | $21,881 |
| Net ST Capital Gain | $0 |
| Income Modifications | $67,784 |
| Profit on Inventory Sales | $0 |
| Other Income | $67,784 |
| Total Revenue | $6,977,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $520,150 |
| Other employee salaries and wages | $368,397 |
| Pension plans, employee benefits | $216,717 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $885 |
| Travel, conferences, and meetings | $127,235 |
| Printing and publications | $0 |
| Other expenses | $358,742 |
| Total operating and administrative expenses | $1,903,016 |
| Contributions, gifts, grants paid | $5,886,581 |
| Total expenses and disbursements | $7,789,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,067,409 |
| Savings and temporary cash investments | $9,295,729 |
| Net Accounts receivable | $12,582,300 |
| Net Pledges Receivable | $484,443 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $81,727 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,527,264 |
| Accounts payable and accrued expenses | $24,675 |
| Grants payable | $1,476,927 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,501,602 |
Grants Awarded
Over the last fiscal year, Target Als Foundation Inc has awarded $5,886,581 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON UNIVERSITY PURPOSE: BIOMEDICAL RESEARCH | $843,491 |
DIGNITY HEALTH - ST JOSEPH'S HOSPITAL AND MEDICAL CENTER PURPOSE: BIOMEDICAL RESEARCH | $481,412 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: BIOMEDICAL RESEARCH | $393,634 |
UNIVERSITY OF MASSACHUSETTS MEDICAL SCHOOL PURPOSE: BIOMEDICAL RESEARCH | $357,800 |
JOHNS HOPKINS UNIVERSITY PURPOSE: BIOMEDICAL RESEARCH | $350,000 |
La Jolla, CA PURPOSE: BIOMEDICAL RESEARCH | $311,972 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Target Als Foundation Inc has recieved totaling $759,428.
| Awarding Organization | Amount |
|---|---|
The Association For Frontotemporal Degeneration King Of Prussia, PA PURPOSE: ALS AND FTD BIOMARKERS RESEARCH | $625,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $53,360 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: MEDICAL/SCIENTIFIC RESEARCH & PROGRAMS | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $28,000 |
Speyer Family Foundation Pittsburgh, PA PURPOSE: TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY. | $3,000 |
The Dan Goggin Nunsense Charitable Trust New York, NY PURPOSE: SUPPORT CHARITABLE PURPOSE | $68 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |