NATIONAL STEM CELL FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: NATIONAL STEM CELL FOUNDATION INC (EIN 83-0392250)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202313199349313456
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-15T12:48:30-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	271235638	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCM CPAS & ADVISORS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 S FIFTH STREET SUITE 2100	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	830392250	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NATIONAL STEM CELL FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	NATI	BusinessNameControlTxt
Phone	5023798544	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	462 SOUTH 4TH STREET 1230	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DR PAULA GRISANTI	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	5023798544	PhoneNum
Signature	2023-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DR	PersonFirstNm
Person Last	PAULA GRISANTI	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CHRISTINE KEITH CPA	PreparerPersonNm
PTIN	P00963290	PTIN
Phone	5027491900	PhoneNum
Preparation	2023-11-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR PAULA GRISANTI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	462 SOUTH 4TH STREET 1230	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,884,194	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NATIONALSTEMCELLFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2003	FormationYr
Legal Domicile State	DC	LegalDomicileStateCd
Activity Or Mission	NSCF FUNDS ADULT STEM CELL AND REGENERATIVE MEDICINE RESEARCH, CONNECTS CHILDREN WITH LIMITED RESOURCES TO CLINICAL TRIALS FOR RARE DISEASES, AND UNDERWRITES THE NATIONAL STEM SCHOLAR PROGRAM FOR MIDDLE SCHOOL SCIENCE TEACHERS INSPIRING THE NEXT GENERATION OF STEM PIONEERS NATIONWIDE.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	3	VotingMembersIndependentCnt
Total Employee	4	TotalEmployeeCnt
Total Volunteers	4	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,241,450	PYContributionsGrantsAmt
CY Contributions Grants	$1,380,991	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$411,000	CYProgramServiceRevenueAmt
PY Investment Income	$44,670	PYInvestmentIncomeAmt
CY Investment Income	$73,610	CYInvestmentIncomeAmt
PY Other Revenue	$341	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,286,461	PYTotalRevenueAmt
CY Total Revenue	$1,865,601	CYTotalRevenueAmt
PY Grants And Similar Paid	$291,215	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$940,350	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$225,760	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$258,569	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$89,788	CYTotalFundraisingExpenseAmt
PY Other Expenses	$854,441	PYOtherExpensesAmt
CY Other Expenses	$1,181,893	CYOtherExpensesAmt
PY Total Expenses	$1,371,416	PYTotalExpensesAmt
CY Total Expenses	$2,380,812	CYTotalExpensesAmt
PY Revenues Less Expenses	-$84,955	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$515,211	CYRevenuesLessExpensesAmt
Total Assets BOY	$8,111,646	TotalAssetsBOYAmt
Total Assets EOY	$7,677,199	TotalAssetsEOYAmt
Total Liabilities BOY	$167,222	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$429,384	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,944,424	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,247,815	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,146,652	ExpenseAmt
Grant	$940,350	GrantAmt
Revenue	$411,000	RevenueAmt
Desc	SEE SCHEDULE O	Desc
Total Program Service Expenses	$2,146,652	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	17	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	4	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	3	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DR PAULA GRISANTI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5023798544	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	462 SOUTH 4TH STREET SUITE 1230	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
PAULA GRISANTI
CEO	40.00	Yes (X)	Yes (X)	$100,000	$0	$0
MICHAEL GRISANTI
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JOHN M CRANOR III
DIRECTOR	0.10	Yes (X)		$0	$0	$0
C DENNIS RIGGS
SECRETARY/TREASURER	0.50	Yes (X)	Yes (X)	$0	$0	$0
BRUCE S WOLFF
CHAIRMAN	5.00	Yes (X)	Yes (X)	$0	$0	$0
DIANE CORNWELL
CHIEF FINANCIAL OFFICER	1.50		Yes (X)	$24,000	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$124,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STITES & HARBISON PLLC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 W MARKET ST STE 1800	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Field	Value	IRS element (for citing)
Services	LEGAL SERVICES	ServicesDesc
Compensation	$255,225	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,081,763	GovernmentGrantsAmt
All Other Contributions	$299,228	AllOtherContributionsAmt
Noncash Contributions	$53,985	NoncashContributionsAmt
Total Contributions	$1,380,991	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PROGRAM RELATED ASSETS	Desc
Business	900099	BusinessCd
Total Revenue Column	$411,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$411,000	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$411,000	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,383	TotalRevenueColumnAmt
Exclusion	$34,383	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$1,057,820	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$1,018,593	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$39,227	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$39,227	TotalRevenueColumnAmt
Exclusion	$39,227	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,865,601	TotalRevenueColumnAmt
Related Or Exempt Func Income	$411,000	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$73,610	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$940,350	TotalAmt
Program Services	$940,350	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$124,000	TotalAmt
Program Services	$97,999	ProgramServicesAmt
Management And General	$21,001	ManagementAndGeneralAmt
Fundraising	$5,000	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$106,511	TotalAmt
Program Services	$60,690	ProgramServicesAmt
Management And General	$25,573	ManagementAndGeneralAmt
Fundraising	$20,248	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$14,715	TotalAmt
Program Services	$10,886	ProgramServicesAmt
Management And General	$889	ManagementAndGeneralAmt
Fundraising	$2,940	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$13,343	TotalAmt
Program Services	$9,871	ProgramServicesAmt
Management And General	$806	ManagementAndGeneralAmt
Fundraising	$2,666	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$263,400	TotalAmt
Program Services	$257,298	ProgramServicesAmt
Management And General	$6,102	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$37,926	TotalAmt
Program Services	$3,995	ProgramServicesAmt
Management And General	$33,931	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$7,793	TotalAmt
Program Services	$7,793	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$74,298	TotalAmt
Program Services	$59,100	ProgramServicesAmt
Fundraising	$15,198	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$111,323	TotalAmt
Program Services	$56,985	ProgramServicesAmt
Management And General	$22,367	ManagementAndGeneralAmt
Fundraising	$31,971	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$22,291	TotalAmt
Program Services	$16,979	ProgramServicesAmt
Management And General	$3,743	ManagementAndGeneralAmt
Fundraising	$1,569	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$15,034	TotalAmt
Management And General	$15,034	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$37,437	TotalAmt
Program Services	$21,176	ProgramServicesAmt
Management And General	$9,227	ManagementAndGeneralAmt
Fundraising	$7,034	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$8,533	TotalAmt
Program Services	$8,533	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$20,612	TotalAmt
Program Services	$20,612	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,379	TotalAmt
Program Services	$786	ProgramServicesAmt
Management And General	$331	ManagementAndGeneralAmt
Fundraising	$262	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$32,594	TotalAmt
Program Services	$24,618	ProgramServicesAmt
Management And General	$5,076	ManagementAndGeneralAmt
Fundraising	$2,900	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SPACE RESEARCH	$502,656	$502,656
PROGRAM RELATED EXPENSE	$36,495	$36,495
PROFESSIONAL MEMBERSHIP	$9,830	$9,830
RECRUITING	$292		$292

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,380,812	TotalAmt
Program Services	$2,146,652	ProgramServicesAmt
Management And General	$144,372	ManagementAndGeneralAmt
Fundraising	$89,788	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$815,381	BOYAmt
EOY	$581,458	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$94,113	BOYAmt
EOY	$15,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$24,465	BOYAmt
EOY	$15,430	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$92,081	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$89,689	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,448	BOYAmt
EOY	$2,392	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,536,645	BOYAmt
EOY	$1,396,396	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$5,638,594	BOYAmt
EOY	$5,666,523	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,111,646	BOYAmt
EOY	$7,677,199	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$84,535	BOYAmt
EOY	$101,892	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$82,687	BOYAmt
EOY	$327,492	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$167,222	BOYAmt
EOY	$429,384	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,924,624	BOYAmt
EOY	$7,242,815	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$19,800	BOYAmt
EOY	$5,000	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,944,424	BOYAmt
EOY	$7,247,815	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,111,646	BOYAmt
EOY	$7,677,199	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$515,211	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$181,398	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$788,350	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,326,956	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$942,507	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,241,450	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,380,991	CurrentTaxYearAmt
Total	$6,680,254	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$650,000	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year	$130,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$280,000	CurrentTaxYearAmt
Total	$1,060,000	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$788,350	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,976,956	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$942,507	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,371,450	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,660,991	CurrentTaxYearAmt
Total	$7,740,254	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,871,745	SubstantialContributorsTotAmt
Public Support Total170	$5,868,509	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$53,351	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$48,906	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$13,779	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,103	CurrentTaxYearMinus1YearAmt
Current Tax Year	$34,383	CurrentTaxYearAmt
Total	$162,522	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$341	CurrentTaxYearMinus1YearAmt
Total	$341	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$7,903,117	TotalSupportAmt
Public Support CY170	0.74260	PublicSupportCY170Pct
Public Support PY170	0.61130	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,476	OtherCostOrOtherBasisAmt
Depreciation	$5,476	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$86,605	OtherCostOrOtherBasisAmt
Depreciation	$84,213	DepreciationAmt
Book Value	$2,392	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,392	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

Field	Value	IRS element (for citing)
Desc	CRITICAL REAGENTS	Desc
Book Value	$5,666,523	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$5,666,523	TotalBookValueProgramRltdAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$2,172,783	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$181,398	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$488,580	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$307,182	RevenueNotReportedAmt
Revenue Subtotal	$1,865,601	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,865,601	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,869,392	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$488,580	DonatedServicesUseFcltsAmt
Expenses Not Reported	$488,580	ExpensesNotReportedAmt
Expenses Subtotal	$2,380,812	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,380,812	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT IT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
DUKE UNIVERSITY HEALTH SYSTEM
PO BOX 90581	DURHAM	NC	27708	562070036	501(C)(3)	$50,000	$0	ON FILE
NY STEM CELL FOUNDATION
619 W 54TH STREET	NEW YORK	NY	10019	202905531	501(C)(3)	$840,350	$0	ON FILE
WESTERN KENTUCKY UNIVERSITY FOUNDATION
292 ALUMNI AVENUE	BOWLING GREEN	KY	42101	611251555	501(C)(3)	$50,000	$0	ON FILE

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION MEETS REGULARLY WITH REPRESENTATIVES FROM THE GRANT RECIPIENT(S) AND RECEIVES UPDATES AND REPORTS REGARDING EXPENDITURE OF THE FUNDS.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Noncash Contributions Rpt F990	$53,985	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV(AVERAGE OF HIGH/LOW)	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 1	NSCF FUNDS ADULT STEM CELL AND REGENERATIVE MEDICINE RESEARCH, CONNECTS CHILDREN WITH LIMITED RESOURCES TO CLINICAL TRIALS FOR RARE DISEASES, AND UNDERWRITES A PROFESSIONAL DEVELOPMENT PROGRAM FOR MIDDLE SCHOOL SCIENCE TEACHERS INSPIRING THE NEXT GENERATION OF STEM PIONEERS NATIONWIDE.
FORM 990, PAGE 2, PART III, LINE 4A	ACCOMPLISHMENTS INCLUDE DEVELOPMENT OF A COLLABORATIVE PROJECT BETWEEN FUNDED RESEARCHERS ON BOTH COASTS FOR A FIRST-IN-KIND STUDY OF NEURODEGENERATION ON THE INTERNATIONAL SPACE STATION (ISS) AND THE DESIGN AND DEVELOPMENT OF A DIGITAL LIBRARY OF STEM PROJECT-BASED SCIENCE LESSONS MADE AVAILABLE FREE OF CHARGE FOR TEACHERS, STUDENTS AND PARENTS WORLDWIDE. THROUGH A FUND ESTABLISHED AT THE PEDIATRIC TRANSPLANT AND CELLULAR THERAPY (PTCT) PROGRAM AT DUKE UNIVERSITY, NSCF HELPS COVER INSURANCE DEDUCTIBLES AND CO-PAYS FOR CHILDREN MEDICALLY ELIGIBLE TO PARTICIPATE IN POTENTIALLY LIFE-SAVING CLINICAL TRIALS FOR RARE DISEASES WHEN THOSE OUT-OF-POCKET COSTS ARE BEYOND A FAMILY'S MEANS. CHILDREN FROM ALL OVER THE UNITED STATES AND AROUND THE WORLD TRAVEL TO PTCT FOR ACCESS TO CLINICAL TRIALS FOR RARE, DISABLING AND FATAL DISEASES. THESE ARE CHILDREN WITH NO OTHER TREATMENT OPTIONS AND LIMITED FINANCIAL RESOURCES. NSCF FOUNDED AND UNDERWRITES THE NATIONAL STEM SCHOLAR PROGRAM FOR MIDDLE SCHOOL SCIENCE TEACHERS INSPIRING THE NEXT GENERATION OF STEM PIONEERS NATIONWIDE. NSCF PARTNERS WITH THE GATTON ACADEMY OF MATHEMATICS AND SCIENCE AT WESTERN KENTUCKY UNIVERSITY TO PROVIDE ADVANCED STEM TRAINING, NATIONAL NETWORK BUILIDNG, "BIG IDEA" PROJECT SUPPORT AND YEARLONG MENTORING FOR SCIENCE TEACHERS MOTIVATING STUDENTS AT THE TIPPING POINT OF LIFELONG SCIENCE INTEREST - MIDDLE SCHOOL. THERE ARE CURRENTLY 80 NATIONAL STEM SCHOLARS IN 33 STATES WHO WILL HAVE IMPACTED AN ESTIMATED 104,000 MIDDLE SCHOOL STUDENTS IN THE UNITED STATES BY JUNE 2024.
FORM 990, PART VI, SECTION A, LINE 2	PAULA GRISANTI, DIRECTOR AND CEO, AND MICHAEL GRISANTI, DIRECTOR, HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION HAS CONTRACTED ITS FINANCIAL MANAGEMENT OVERSIGHT TO AN OUTSIDE CHIEF FINANCIAL OFFICER AND ITS DAY-TO-DAY FINANCIAL DUTIES TO A CONTROLLER SUBJECT TO OVERALL SUPERVISION AND CONTROL OF NSCF'S FIDUCIARY BOARD. UNDER AN AGREED UPON ASSET ALLOCATION, THE MANAGEMENT OF THE INVESTMENT PORTFOLIO HAS BEEN DELEGATED TO AN OUTSIDE FIRM.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED IN DETAIL BY THE CONTRACT CFO, CONTRACT CONTROLLER, BOARD CHAIR AND CEO. A COPY WAS PROVIDED TO ALL OTHER BOARD MEMBERS SIMULTANEOUS WITH IRS FILING.
FORM 990, PART VI, SECTION B, LINE 12C	UNDER THE POLICY, INTERESTED PERSONS ARE REQUIRED TO UPDATE THE CHAIRMAN OF THE BOARD OF DIRECTORS REGARDING INTERESTS AND RELATIONSHIPS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. FOR EACH INTEREST DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHAIRMAN WOULD DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THE POLICY; (C) ASK THE PERSON TO RECUSE THEMSELVES FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES. THE ORGANIZATION'S EMPLOYED CHIEF EXECUTIVE AND CHIEF FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIRMAN OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. TO DATE NO POTENTIAL CONFLICTS HAVE BEEN IDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD ENGAGED AN OUTSIDE CONSULTING FIRM IN 2015 TO DETERMINE AN APPROPRIATE SALARY RANGE FOR THE CHAIR/CEO POSITION. A BOARD APPROVED SALARY WAS ESTABLISHED BASED ON THEIR GUIDANCE AND NO SALARY ADJUSTMENT WAS MADE UNTIL MARCH 2020 WHEN THE SALARY WAS REDUCED DUE TO UNCERTAINTIES RELATED TO COVID RIPPLE EFFECTS AND ENSUING MATTERS. CONTRACTED CFO AND CONTRACTED CONTROLLER ARE PAID ON AN HOURLY BASIS CONSISTENT WITH LOCAL MARKET RATES.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE ORGANIZATION'S BOARD OF DIRECTORS CONTINUE TO SELECT THE INDEPENDENT ACCOUNTANT. THE BOARD CONTINUES TO MEET WITH THE INDEPENDENT AUDITOR AT THE CONCLUSION OF THE ANNUAL AUDIT.