Mpm Oncology Impact Fund Charitable Foundation Inc
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 81-1220217
Organization Overview
Mpm Oncology Impact Fund Charitable Foundation Inc is located in Boston, MA. The organization was established in 2016. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mpm Oncology Impact Fund Charitable 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED GRANTS TO FURTHER RESEARCH IN THE EFFORTS TO FIND A CURE FOR CANCER BY COORDINATING ITS EFFORTS WITH THE AMERICAN ASSOCIATION FOR CANCER RESEARCH, AN ORGANIZATION EXPERIENCED IN IDENTIFYING, VETTING, AND SUPPORTING CANCER RESEARCH ORGANIZATIONS.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ansbert Gadicke President | 1 | $0 | |
Kathy Kates Secretary | 1 | $0 | |
Roberto Gomez Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,020,352 |
| Interest on Savings | $1,921 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,022,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71 |
| Total operating and administrative expenses | $1,665 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,121,314 |
| 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 | $1,121,314 |
| 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, Mpm Oncology Impact Fund Charitable Foundation Inc has awarded $800,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAHAND HORMOZ PURPOSE: GRANTS FOR FURTHERING OF CANCER RESEARCH. | $400,000 |
LIRON BAR-PELED PURPOSE: GRANTS FOR FURTHERING OF CANCER RESEARCH. | $400,000 |