Margaret E Early Medical Research Tr
- Assets
- $8.0m
- Revenue
- $265.8k
- Investments
- $8.0m
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 07/1982
- Data as of
- 12/2022
- EIN
- 95-3740506
Organization Overview
Margaret E Early Medical Research Tr is located in Glendale, CA. The organization was established in 1982. 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. Margaret E Early Medical Research Tr 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, Margaret E Early Medical Research Tr generated $265.8k 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 (17.4%) each year. All expenses for the organization totaled $855.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Margaret E Early Medical Research Tr has awarded 61 individual grants totaling $5,325,000. 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
THE FOUNDATION PROVIDES GRANTS TO INSTITUTIONS HAVING SUBSTANTIAL RESEARCH FACILITIES IN THE LOS ANGELES AREA FOR RESEARCH INTO THE CAUSES AND CURES OF CANCER AND RELATED DISEASES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $265,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $257 |
| Total Revenue | $265,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $105,878 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,819 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,204 |
| Total operating and administrative expenses | $180,796 |
| Contributions, gifts, grants paid | $675,000 |
| Total expenses and disbursements | $855,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $355,358 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,043,021 |
| 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, Margaret E Early Medical Research Tr has awarded $675,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BECKMAN RESEARCH INSTITUTE PURPOSE: MEDICAL GRANT | $225,000 |
UC REGENTS PURPOSE: MEDICAL GRANT | $150,000 |
KECK SCHOOL OF MEDICINE PURPOSE: MEDICAL GRANT | $150,000 |
Los Angeles, CA PURPOSE: MEDICAL GRANT | $75,000 |
CHILDRENS HOSPITAL PURPOSE: MEDICAL GRANT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teamsters Managed Health Care Trust Pleasanton, CA | $34,990,586 | $90,291,232 |
High Desert & Inland Employee- Employer Trust Apple Valley, CA | $8,134,571 | $74,305,229 |
Intel Retiree Medical Plan Tr Santa Clara, CA | $691,186,910 | $97,588,377 |
Saint Agnes Medical Foundation Fresno, CA | $14,742,009 | $46,818,162 |
Amalgamated Transit Union-Div 1277 Scrtd Health & Welfare Fund Los Angeles, CA | $65,023,279 | $80,787,185 |
Kaiser Health Plan Asset Management Inc Oakland, CA | $308,869,561 | $61,696,347 |
Baychildrens Physicians Emeryville, CA | $9,899,523 | $53,401,080 |
St Joseph Health System Foundation Irvine, CA | $143,290,236 | $11,443,697 |
Montage Health Monterey, CA | $1,194,971,781 | $24,934,735 |
Hoag Hospital Foundation Newport Beach, CA | $584,715,727 | $185,764,932 |
California Pacific Medical Center Foundation Sacramento, CA | $485,240,778 | $61,000,436 |
Childrens Health Council Inc Palo Alto, CA | $96,571,005 | $43,949,984 |