Copic Medical Foundation
- Assets
- $19.4m
- Revenue
- $1.3m
- Investments
- $13.3m
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/1992
- Data as of
- 12/2022
- EIN
- 84-1197083
Organization Overview
Copic Medical Foundation is located in Denver, CO. The organization was established in 1992. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, 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. Copic Medical 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 12/2022, Copic Medical Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $839.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Copic Medical Foundation has awarded 28 individual grants totaling $2,613,886. 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 |
|---|---|---|---|
Beverly Razon Secretary | 0.5 | $0 | |
Shelyce Foster Treasurer | 0.5 | $0 | |
Sophia G Meharena DO Director | 0.5 | $0 | |
Harris A Frankel MD Director | 0.5 | $0 | |
Alan Y Synn MD Director | 0.5 | $0 | |
Rebecca S Vogel MD Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $706,690 |
| Interest on Savings | $2,014 |
| Dividends & Interest | $296,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $328,496 |
| Capital Gain Net Income | $328,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,333,534 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,073 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $147,782 |
| Total operating and administrative expenses | $153,855 |
| Contributions, gifts, grants paid | $685,219 |
| Total expenses and disbursements | $839,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,166 |
| Savings and temporary cash investments | $148,722 |
| 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 | $730,276 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,735,318 |
| Total assets | $19,421,292 |
| Accounts payable and accrued expenses | $15,329 |
| 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 | $5,735,318 |
| Total liabilities | $5,750,647 |
Grants Awarded
Over the last fiscal year, Copic Medical Foundation has awarded $1,370,438 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BRYAN HEALTH CONNECT PURPOSE: FOR GENERAL PROGRAM SUPPORT | $141,385 |
CHILDREN'S HOSPITAL FOUNDATION PURPOSE: FOR GENERAL PROGRAM SUPPORT | $210,554 |
WEST MOUNTAIN REGIONAL HEALTH ALLIANCE PURPOSE: FOR GENERAL PROGRAM SUPPORT | $103,180 |
PROVIDENCE PORTLAND MEDICAL FOUNDATION PURPOSE: FOR GENERAL PROGRAM SUPPORT | $100,000 |
FOUNDATION OF THE MINNESOTA MEDICAL ASSOCIATION PURPOSE: FOR GENERAL PROGRAM SUPPORT | $125,100 |
BRYAN HEALTH CONNECT PURPOSE: FOR GENERAL PROGRAM SUPPORT | $141,385 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Huntsman Cancer Foundation Salt Lake City, UT | $123,790,146 | $27,370,494 |
Translational Genomics Research Institute Foundation Phoenix, AZ | $22,611,724 | $15,400,764 |
Kansas Masonic Foundation Inc Topeka, KS | $23,234,555 | $1,962,238 |
Cerebral Palsy Research Endowment Association Wichita, KS | $36,037,050 | $1,715,202 |
Copic Medical Foundation Denver, CO | $19,421,292 | $1,333,534 |
Navajo Hopi Health Foundation Inc Tuba City, AZ | $9,700,896 | $675,449 |
Turner Charitable Memorial Tr Phoenix, AZ | $1,166,223 | $74,295 |
Cancer Services Of New Mexico Foundation Albuquerque, NM | $462,977 | $7,927 |
Wings Of Hope For Pancreatic Cancer Research Castle Pines, CO | $351,101 | $234,600 |
William C Kuzell Foundation Englewood, CO | $838,032 | $56,729 |
Iaslc Foundation Denver, CO | $0 | $0 |