The George E Hewitt Foundation For Medical Research
- Assets
- $33.5m
- Revenue
- $1.7m
- Investments
- $31.4m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 07/1983
- Data as of
- 12/2022
- EIN
- 95-3711123
Organization Overview
The George E Hewitt Foundation For Medical Research is located in Newport Beach, CA. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George E Hewitt Foundation For Medical Research 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, George E Hewitt Foundation For Medical Research generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 6 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 2017, George E Hewitt Foundation For Medical Research has awarded 304 individual grants totaling $20,115,306. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis D Cunningham PHD President | 1 | $0 | |
Joseph C Garcia Jr Director | 1 | $0 | |
Bruce J Tromberg PHD Director | 1 | $0 | |
Kenneth E Charlton Director | 1 | $0 | |
Tallie Z Baram Mdphd Director | 1 | $0 | |
Jeffery W Kelly PHD Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Leisure Capital Management Inc | 12/30/19 | $58,202 |
Afp Saddington Llp | 12/30/19 | $56,298 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $229,312 |
| Dividends & Interest | $1,095,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $331,578 |
| Capital Gain Net Income | $331,578 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,656,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,805 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $489,331 |
| Total operating and administrative expenses | $618,607 |
| Contributions, gifts, grants paid | $1,215,481 |
| Total expenses and disbursements | $1,834,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,122,768 |
| 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 | $31,397,755 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,520,523 |
| 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, The George E Hewitt Foundation For Medical Research has awarded $3,882,818 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ALICIA E MANGUBAT-MEDINA PHD PURPOSE: MEDICAL RESEARCH GRANT | $16,500 |
AMALIA FLORIOU-SERVOU PHD PURPOSE: MEDICAL RESEARCH GRANT | $67,167 |
AMANDINE VIRLOGUEX PHD PURPOSE: MEDICAL RESEARCH GRANT | $67,667 |
BENJAMIN BASANTA PHD PURPOSE: MEDICAL RESEARCH GRANT | $40,750 |
ERIC M MULHALL PHD PURPOSE: MEDICAL RESEARCH GRANT | $64,833 |
BAIBING B ZHANG PHD PURPOSE: MEDICAL RESEARCH GRANT | $23,398 |