Ines Mandl Research Foundation Inc
- Assets
- $7.1m
- Revenue
- $354.7k
- Investments
- $6.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 81-0812254
Organization Overview
Ines Mandl Research Foundation Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Ines Mandl Research 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 12/2022, Ines Mandl Research Foundation Inc generated $354.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.8%) each year.
Since 2016, Ines Mandl Research Foundation Inc has awarded 38 individual grants totaling $2,062,664. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CONTRIBUTIONS FOR UNIVERSITY RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen M Harnik Pres & Director | 1 | $0 | |
Nicholas M Harnik Sec & Director | 4 | $25,000 | |
Christian Votava Treas & Director | 1 | $0 | |
Jerome Cantor VP & Director | 1 | $0 | |
Gerard Armand Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $176,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,712 |
| Capital Gain Net Income | $177,712 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $354,702 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,644 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $106,973 |
| Contributions, gifts, grants paid | $304,641 |
| Total expenses and disbursements | $411,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $1,098,470 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,093,195 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Ines Mandl Research Foundation Inc has awarded $304,641 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HOSPITAL FOR SPECIAL SURGERY PURPOSE: RESEARCH | $28,000 |
MEDICAL UNIVERSITY OF SOUTH CAROLINA PURPOSE: RESEARCH | $50,000 |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: RESEARCH | $40,541 |
HEBREW UNIVERSITY OF JERUSALEM PURPOSE: RESEARCH | $126,600 |
NEW YORK UNIVERSITY - UNIVERSITY OF HEALTH SCIENCES PURPOSE: RESEARCH | $59,500 |