Foundation For Opioid Response Efforts
- Assets
- $121.4m
- Revenue
- $9.5m
- Investments
- $113.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2019
- Data as of
- 03/2022
- EIN
- 82-4973537
Organization Overview
Foundation For Opioid Response Efforts is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Opioid Response Efforts 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 03/2022, Foundation For Opioid Response Efforts generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $13.1m during the year ending 03/2022. While expenses have increased by 6.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Foundation For Opioid Response Efforts has awarded 237 individual grants totaling $41,354,260. 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
EDUCATION AND DISSEMINATION - THROUGH CONVENINGS AND PUBLIC EDUCATION AND DISSEMINATION, THE FOUNDATION BRINGS PEOPLE TOGETHER SHARE STRATEGIES FOR EXPANDING ACCESS TO EVIDENCE BASED TREATMENT AND RECOVERY SUPPORTS. THE FOUNDATION ALSO SUPPORTS THROUGH SPONSORSHIPS CONFERENCES RELATED TO THE MISSION OF THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen A Scott MD MPH President | 40 | $454,978 | |
Shibani Gambhir Chief Operating Offi | 40 | $163,438 | |
Kenneth Andrew Shatzkes Senior Program Offic | 40 | $139,648 | |
Lydia Tschoe Program Associate | 40 | $68,061 | |
Katherine A Hamilton Operations Coordinat | 40 | $62,356 | |
Adam Usdan Treasurer & Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pear Tree Communications | 3/30/22 | $53,580 |
Ssrs | 3/30/22 | $132,728 |
The Manners Dotson Group | 3/30/22 | $92,252 |
Jp Morgan Chase & Co | 3/30/22 | $538,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $475,311 |
| Dividends & Interest | $1,646,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,400,633 |
| Capital Gain Net Income | $7,438,575 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,522,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $454,978 |
| Other employee salaries and wages | $452,617 |
| Pension plans, employee benefits | $179,205 |
| Interest | $35,531 |
| Taxes | $171,696 |
| Depreciation | $9,167 |
| Occupancy | $98,319 |
| Travel, conferences, and meetings | $56,517 |
| Printing and publications | $0 |
| Other expenses | $150,523 |
| Total operating and administrative expenses | $2,520,909 |
| Contributions, gifts, grants paid | $10,577,839 |
| Total expenses and disbursements | $13,098,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $581,722 |
| Savings and temporary cash investments | $4,142,388 |
| 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 | $11,829 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $73,612,311 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,028,636 |
| Total assets | $121,364,686 |
| Accounts payable and accrued expenses | $74,615 |
| Grants payable | $7,643,190 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $233,473 |
| Total liabilities | $7,951,278 |
Grants Awarded
Over the last fiscal year, Foundation For Opioid Response Efforts has awarded $14,936,105 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: NORTHWEST CENTER FOR FAMILY SUPPORT: BUILDING STATEWIDE CAPACITY TO IMPLEMENT EBIS IN FAMILIES WITH OUD | $1,275,000 |
REGENTS OF THE UNIVERSITY OF CA SAN FRANCISCO PURPOSE: EVALUATING & SUSTAINING TEAM LILY, A MULTIDISCIPLINARY PERINATAL CARE PROGRAM SUPPORTING PREGNANT PEOPLE AND THEIR FAMILIES AFFECTED BY SUBSTANCE USE DISORDERS | $1,122,000 |
UNIVERSITY OF SOUTH FLORIDA PURPOSE: ADAPTING AND TESTING AN INTERVENTION FOR FAMILIES WITH A PARENT IN METHADONE TREATMENT | $1,117,078 |
TEMPLE UNIVERSITY PURPOSE: STOP OVERDOSE DEATHS: MONITORING COMPREHENSIVENESS OF STATE POLICY TO PREVENT OVERDOSE DEATHS | $465,000 |
Milwaukee, WI PURPOSE: PRECISION EPIDEMIOLOGY AND THE OPIOID CRISIS: USING NEXT-GENERATION GEOSPATIAL ANALYSES TO GUIDE COMMUNITY-LEVEL RESPONSES IN DIVERSE AND SEGREGATED METROPOLITAN REGIONS | $465,000 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: RANDOMIZED TRIAL AND ANALYTIC CHEMISTRY INNOVATIONS TO OPTIMIZE DRUG ALERTS | $464,603 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Oneworld Boston Inc Woburn, MA | $219,473,176 | $23,349,707 |
Deloitte Foundation Stamford, CT | $61,773,232 | $17,876,963 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |