Society Of University Surgeons Foundation
- Assets
- $470.3k
- Revenue
- $134.8k
- Investments
- $211.2k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 91-1712473
Organization Overview
Society Of University Surgeons Foundation is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of University Surgeons 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 12/2021, Society Of University Surgeons Foundation generated $134.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $75.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Society Of University Surgeons Foundation has awarded 24 individual grants totaling $708,488. 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 |
|---|---|---|---|
Allan Tsung Director | 0 | $0 | |
Rebekah White Director | 0 | $0 | |
Timothy Donahue Treasurer | 0 | $0 | |
O Joe Hines MD President | 0 | $0 | |
Jeff Matthews Director | 0 | $0 | |
Carmen Solorzano Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $128,526 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,345 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,926 |
| Capital Gain Net Income | $1,926 |
| Net ST Capital Gain | $1,926 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $4 |
| Other expenses | $14,252 |
| Total operating and administrative expenses | $15,556 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $75,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,251 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $3,425 |
| 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 | $211,171 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,500 |
| Total assets | $470,347 |
| Accounts payable and accrued expenses | $2,023 |
| 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 | $2,023 |
Grants Awarded
Over the last fiscal year, Society Of University Surgeons Foundation has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF IOWA PURPOSE: RESEARCH GRANT | $30,000 |
THE OHIO STATE UNIV DEPT OF SURGERY PURPOSE: RESEARCH GRANT | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Society Of University Surgeons Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Society Of University Surgeons Inc Los Angeles, CA PURPOSE: SURGICAL EDUCATION IN AMERICA | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |