Ara Parseghian Medical Research Foundation
- Assets
- $1.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Tucson, AZ
- Founding
- 12/1994
- Data as of
- 06/2019
- EIN
- 86-0775966
Organization Overview
Ara Parseghian Medical Research Foundation is located in Tucson, AZ. The organization was established in 1994. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 06/2017, Ara Parseghian Medical Research Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ara Parseghian Medical Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE RESEARCH TARGETED AT THE UNDERSTANDING AND CURE OF NIEMANN PICK TYPE C (NP-C) DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARA PARSEGHIAN MEDICAL RESEARCH FOUNDATION'S PURPOSE IS TO PROMOTE RESEARCH THAT IS TARGETED TOWARD UNDERSTANDING THE MOLECULAR BASIS OF NIEMANN PICK TYPE C (NP-C) DISEASE AND DEVELOPING NOVEL THERAPEUTIC STRATEGIES TO TREAT AND/OR CURE THE DISEASE. AS NP-C DISEASE APPEARS TO BE CAUSED BY A DEFECT IN INTRACELLULAR CHOLESTEROL TRAFFICKING, THESE STUDIES SHOULD PROVIDE FUNDAMENTAL INSIGHTS INTO CHOLESTEROL HOMEOSTASIS AND AS SUCH WILL ALSO SERVE TO INCREASE UNDERSTANDING OF ATHEROSCLEROSIS AND MYOCARDIAL INFARCTION, THE LEADING CAUSE OF MORBIDITY AND MORTALITY IN THE UNITED STATES. IN THE YEAR ENDED JUNE 30, 2017, THE ORGANIZATION AWARDED RESEARCH GRANTS TO 1 MAJOR RESEARCH UNIVERSITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy K Parseghian President | OfficerTrustee | 40 | $41,000 |
Ara R Parseghian Chairman Of The Board | OfficerTrustee | 1 | $0 |
Michael A Parseghian MD Secretary/treasurer | OfficerTrustee | 1 | $0 |
Bernard A Buescher ESQ Director | Trustee | 1 | $0 |
James F Burke ESQ Director | Trustee | 1 | $0 |
Arthur J Decio Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Total assets | $1 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Ara Parseghian Medical Research Foundation has awarded $588,698 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL INSTITUTE OF HEALTH PURPOSE: MEDICAL RESEARCH | $209,766 |
Redwood City, CA PURPOSE: MEDICAL RESEARCH. | $100,000 |
Philadelphia, PA PURPOSE: MEDICAL RESEARCH | $100,000 |
West Lafayette, IN PURPOSE: MEDICAL RESEARCH. | $84,932 |
Ithaca, NY PURPOSE: MEDICAL RESEARCH. | $75,000 |
New York, NY PURPOSE: MEDICAL RESEARCH. | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Ara Parseghian Medical Research Foundation has recieved totaling $46,649.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $17,549 |
The Cameron And Jane Baird Foundation Buffalo, NY PURPOSE: MEDICAL RESEARCH FOR NIEMANN-PICK DISEASE | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $8,000 |
Kelly Cares Foundation South Bend, IN PURPOSE: SUPPORT | $5,000 |
Christian Mission Concerns Of Tennessee Inc Wilson, WY PURPOSE: MEDICAL RESEARCH | $1,000 |
Bob & Felicia Burger Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Larry L Hillblom Foundation Inc Petaluma, CA | $157,022,260 | $9,255,919 |
Arastradero Research Institute Palo Alto, CA | $86,734,431 | $15,446,292 |
Center For Applied Rationality Berkeley, CA | $4,444,483 | $4,525,208 |
Cholangiocarcinoma Foundation Salt Lake City, UT | $4,018,118 | $4,935,665 |
Colorado Wheat Research Foundation Inc Fort Collins, CO | $552,396 | $3,293,864 |
National Community Health Partners Sahuarita, AZ | $263,343 | $3,493,424 |
Institute For Ethnomedicine Inc Provo, UT | $4,594,183 | $3,175,275 |
Seismological Society Of America Albany, CA | $6,130,811 | $4,537,820 |
Childrens Burn Foundation Sherman Oaks, CA | $8,278,868 | $3,960,296 |
California Academy Of Family Physicians Foundation Sacramento, CA | $3,040,593 | $2,109,864 |