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NATIONAL STEM CELL FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NATIONAL STEM CELL FOUNDATION INC (EIN 83-0392250)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-16
IRS object ID
201533209349303668
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-16T09:51:30-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271235638PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOUNTJOY CHILTON MEDLEY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1462 S FOURTH ST SUITE 2600AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402023445ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830392250EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL STEM CELL FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone5023798544PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1462 S 4TH STREET NO 1230AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR PAULA GRISANTIPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone5023798544PhoneNum
Signature2015-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBECCA L PHILLIPS CPAPreparerPersonNm
PTINP00024055PTIN
Phone5027491900PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR PAULA GRISANTIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1462 S 4TH STREET NO 1230AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,017,982GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NATIONALSTEMCELLFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionFUND ADULT STEM CELL AND REGENERATIVE MEDICINE RESEARCHTHE MISSION OF NATIONAL STEM CELL FOUNDATION, INC. IS TO FUND, PROMOTE AND SUPPORT RESEARCH COLLABORATION IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES, IMPROVE THE LIVES OF PEOPLE WORLDWIDE SUFFERING FROM CONDITIONS THAT WILL BENEFIT FROM ADVANCES IN THE FIELD AND MAKE CURATIVE THERAPIES ACCESSIBLE TO ALL.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$112,193PYContributionsGrantsAmt
CY Contributions Grants$1,004,349CYContributionsGrantsAmt
PY Program Service Revenue$200,000PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$3,934,734PYInvestmentIncomeAmt
CY Investment Income$12,061CYInvestmentIncomeAmt
PY Other Revenue$7,830PYOtherRevenueAmt
CY Other Revenue$1,572CYOtherRevenueAmt
PY Total Revenue$4,254,757PYTotalRevenueAmt
CY Total Revenue$1,017,982CYTotalRevenueAmt
PY Grants And Similar Paid$264,537PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$504,441CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$79,586PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$205,629CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$27,125CYTotalFundraisingExpenseAmt
PY Other Expenses$198,341PYOtherExpensesAmt
CY Other Expenses$171,248CYOtherExpensesAmt
PY Total Expenses$542,464PYTotalExpensesAmt
CY Total Expenses$881,318CYTotalExpensesAmt
PY Revenues Less Expenses$3,712,293PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$136,664CYRevenuesLessExpensesAmt
Total Assets BOY$5,040,131TotalAssetsBOYAmt
Total Assets EOY$5,172,529TotalAssetsEOYAmt
Total Liabilities BOY$405,748TotalLiabilitiesBOYAmt
Total Liabilities EOY$401,482TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,634,383NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,771,047NetAssetsOrFundBalancesEOYAmt
MissionFUND, PROMOTE AND SUPPORT RESEARCH COLLABORATION IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES, IMPROVE THE LIVES OF PEOPLE WORLDWIDE SUFFERING FROM CONDITIONS THAT WILL BENEFIT FROM ADVANCES IN THE FIELD AND MAKE CURATIVE THERAPIES ACCESSIBLE TO ALL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$763,830ExpenseAmt
Grant$504,441GrantAmt
DescTHE NATIONAL STEM CELL FOUNDATION (NSCF) SUPPORTS RESEARCH AND CLINICAL TRIALS IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES IN FOUR PRIMARY FOCUS AREAS: AUTOIMMUNE DISEASE, NEURODEGENERATIVE DISEASE, RARE CHILDHOOD DISORDERS AND REGENERATIVE REPAIR. NSCF LOOKS FOR RESEARCH THAT NEEDS A PHILANTHROPIC BOOST TO MOVE FROM LABORATORY RESEARCH INTO CLINICAL TRIALS FOR PEOPLE IN NEED - WITH A PREFERENCE FOR PLATFORM TECHNOLOGIES WITH APPLICATION ACROSS A NUMBER OF DISORDERS. THE SUCCESSFULL TRANSLATION OF SCIENTIFIC BREAKTHROUGHS MEANS HOPE AND HELP FOR PATIENTS AND THEIR FAMILIES WORLDWIDE, BUT THE WIDESPREAD AVAILABITY OF TREATMENTS TO ELIMINATE THE NEED FOR ONGOING CARE WILL ALSO DRIVE SIGNIFICANT DOLLARS FROM THE CURRENT COST OF HEALTHCARE.Desc
Total Program Service Expenses$763,830TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAULA GRISANTI DMDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5023798544PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1462 S 4TH STREET NO 1230AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP40202ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PAULA GRISANTI
CHAIRMAN40.00Yes (X)Yes (X)$0$0$0
C DENNIS RIGGS
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
MICHAEL GRISANTI
DIRECTOR2.00Yes (X)$0$0$0
BRUCE S WOLFF
DIRECTOR5.00Yes (X)$0$0$0
JOHN M CRANOR III
DIRECTOR1.00Yes (X)$0$0$0
DIANE CORNWELL
CHIEF FINANCIAL OFFICER1.30Yes (X)$15,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$15,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,004,349AllOtherContributionsAmt
Total Contributions$1,004,349TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,061TotalRevenueColumnAmt
Exclusion$12,061ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$1,572TotalRevenueColumnAmt
Exclusion$1,572ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,572OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,017,982TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$13,633ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$504,441TotalAmt
Program Services$504,441ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Management And General$15,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$172,430TotalAmt
Program Services$133,683ProgramServicesAmt
Management And General$21,739ManagementAndGeneralAmt
Fundraising$17,008FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,074TotalAmt
Program Services$3,736ProgramServicesAmt
Management And General$886ManagementAndGeneralAmt
Fundraising$452FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,125TotalAmt
Program Services$10,178ProgramServicesAmt
Management And General$1,652ManagementAndGeneralAmt
Fundraising$1,295FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,846TotalAmt
Program Services$6,846ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$33,394TotalAmt
Management And General$33,394ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,824TotalAmt
Program Services$1,192ProgramServicesAmt
Management And General$7,476ManagementAndGeneralAmt
Fundraising$156FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,831TotalAmt
Program Services$8,566ProgramServicesAmt
Fundraising$265FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$21,595TotalAmt
Program Services$14,259ProgramServicesAmt
Management And General$5,534ManagementAndGeneralAmt
Fundraising$1,802FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$27,909TotalAmt
Program Services$21,892ProgramServicesAmt
Management And General$3,251ManagementAndGeneralAmt
Fundraising$2,766FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,850TotalAmt
Program Services$2,850ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$17,965TotalAmt
Program Services$16,053ProgramServicesAmt
Fundraising$1,912FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,433TotalAmt
Program Services$2,433ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,768TotalAmt
Program Services$6,878ProgramServicesAmt
Management And General$1,021ManagementAndGeneralAmt
Fundraising$869FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$28,666TotalAmt
Program Services$27,691ProgramServicesAmt
Management And General$390ManagementAndGeneralAmt
Fundraising$585FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DUES AND MEMBERSHIPS$3,000$3,000
MISCELLANEOUS OPERATION$167$132$20$15

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$881,318TotalAmt
Program Services$763,830ProgramServicesAmt
Management And General$90,363ManagementAndGeneralAmt
Fundraising$27,125FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,545,222BOYAmt
EOY$4,567,316EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$61,418BOYAmt
EOY$107,526EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,531BOYAmt
EOY$9,002EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$85,600LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,043LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,378BOYAmt
EOY$69,557EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$420,582BOYAmt
EOY$419,128EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,040,131BOYAmt
EOY$5,172,529EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$70,748BOYAmt
EOY$126,482EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$275,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$185,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$405,748BOYAmt
EOY$401,482EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,576,162BOYAmt
EOY$4,659,521EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$58,221BOYAmt
EOY$111,526EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,634,383BOYAmt
EOY$4,771,047EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,040,131BOYAmt
EOY$5,172,529EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$136,664ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,540,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$464,817CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$563,050CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,193CurrentTaxYearMinus1YearAmt
Current Tax Year$1,004,349CurrentTaxYearAmt
Total$3,684,893TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,540,484CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$464,817CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$563,050CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$112,193CurrentTaxYearMinus1YearAmt
Current Tax Year$1,004,349CurrentTaxYearAmt
Total$3,684,893TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,382,078SubstantialContributorsTotAmt
Public Support Total170$2,302,815PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$568CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$641CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$441CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$550CurrentTaxYearMinus1YearAmt
Current Tax Year$12,061CurrentTaxYearAmt
Total$14,261TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$7,830CurrentTaxYearMinus1YearAmt
Current Tax Year$1,572CurrentTaxYearAmt
Total$9,402TotalAmt
FieldValueIRS element (for citing)
Total Support$3,708,556TotalSupportAmt
Gross Receipts Rltd Activities$200,000GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62090PublicSupportCY170Pct
Public Support PY1700.72630PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:FormAndLineReferenceDesc
ExplanationDESCRIPTION: ACCRUED ROYALTY FEES DATE: 04/21/11 AMOUNT: 1400000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,476OtherCostOrOtherBasisAmt
Depreciation$618DepreciationAmt
Book Value$4,858BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$80,124OtherCostOrOtherBasisAmt
Depreciation$15,425DepreciationAmt
Book Value$64,699BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$69,557TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescOTHER PROGRAM RELATED ASSETSDesc
Book Value$419,128BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$419,128TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,129,292TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$111,310DonatedServicesAndUseFcltsAmt
Revenue Not Reported$111,310RevenueNotReportedAmt
Revenue Subtotal$1,017,982RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,017,982TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$992,628TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$111,310DonatedServicesUseFcltsAmt
Expenses Not Reported$111,310ExpensesNotReportedAmt
Expenses Subtotal$881,318ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$881,318TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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 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 ACCOUNTING STANDARDS CODIFICATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S 2011 - 2014 TAX YEARS REMAIN OPEN AND SUBJECT TO EXAMINATION.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION
6300 N RIVER ROAD 700ROSEMONTIL60018366009467501(C)(3)$125,000SEE PART IV SUPPLEMENTAL INFORMATION
ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION
6300 N RIVER ROAD 700ROSEMONTIL60018366009467501(C)(3)$75,000SEE PART IV SUPPLEMENTAL INFORMATION
ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION
6300 N RIVER ROAD 700ROSEMONTIL60018366009467501(C)(3)$50,000SEE PART IV SUPPLEMENTAL INFORMATION
NATIONAL MS SOCIETY
1201 STORY AVENUE 200LOUISVILLEKY40206135661935501(C)(3)$128,000SEE PART IV SUPPLEMENTAL INFORMATION
NATIONAL MS SOCIETY
1201 STORY AVENUE 200LOUISVILLEKY40206135661935501(C)(3)$122,000SEE PART IV SUPPLEMENTAL INFORMATION
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE ORGANIZATION MEETS REGULARLY WITH REPRESENTATIVES FROM THE GRANT RECIPIENT(S) AND RECEIVES UPDATES AND REPORTS REGARDING EXPENDITURE OF THE FUNDS.
PART II, LINE 1, COLUMN (H):NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT UNC CHAPEL HILL TO SUPPORT 3-D TISSUE ENGINEERING FOR OSTEOCHONDRAL GRAFTS NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT USCF FOR NEWLY DISCOVERED MUSCLE STEM CELL TO REPAIR ROTATOR CUFF INJURIES NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT UNIVERSITY OF WISCONSIN USING A COMBINATION STEM CELL AND GENE THERAPY TO PROMOTE AND ENHANCE LIGAMENT REPAIR NAME OF ORGANIZATION OR GOVERNMENT: NATIONAL MS SOCIETY (H) MATCHING FUNDS FOR RESEARCH AT STANFORD UNIVERSITY CONVERTING SKIN CELLS INTO MYELIN-PRODUCING CELLS FOR THE TREATMENT OF CHILDREN WITH HEREDITARY DYSMYELINATION (PMD) NAME OF ORGANIZATION OR GOVERNMENT: NATIONAL MS SOCIETY (H) MATCHING FUNDS FOR RESEARCH AT UNIFORMED SERVICES UNIVERSITY OF THE HEALTH SCIENCES TO ENHANCE MYELIN REGENERATION BY TARGETING NATURALLY OCCURRING CELLS IN THE CENTRAL NERVOUS SYSTEM

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2PAULA GRISANTI, CHAIRMAN OF THE BOARD, AND MICHAEL GRISANTI, DIRECTOR, HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION HAS CONTRACTED ITS FINANCIAL MANAGEMENT OVERSIGHT TO AN OUTSIDE CHIEF FINANCIAL OFFICER AND ITS DAY TO DAY FINANCIAL DUTIES TO A CONTROLLER.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTING FIRM AND REVIEWED IN DETAIL BY CONTRACT CFO, CONTRACT CONTROLLER AND BOARD CHAIR. A COPY WAS THEN SENT TO EACH BOARD MEMBER FOR THEIR REVIEW BEFORE THE FORM 990 WAS FILED.
FORM 990, PART VI, SECTION B, LINE 12CEVERY PROPOSED TRANSACTION IS REVIEWED TO DETERMINE WHETHER A POSSIBLE CONFLICT COULD EXIST. TO DATE NO POTENTIAL CONFLICTS HAVE BEEN IDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15POLICY HAS BEEN ADOPTED; DURING 2014 THE BOARD DETERMINED THAT IT WAS APPROPRIATE TO PAY THE CHAIR/CEO A SALARY BEGINNING 7/1/2014. AN OUTSIDE CONSULTING FIRM WAS HIRED TO DETERMINE AN APPROPRIATE SALARY RANGE FOR THE POSITION. SALARY WAS ACCRUED AS OF 12/31/2014 BUT WAS NOT PAID UNTIL MAY 2015. CONTRACTED CFO AND CONTRACTED CONTROLLER ARE PAID ON AN HOURLY BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE 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 COMMITTEE CONTINUES TO MEET WITH THE INDEPENDENT AUDITOR AT THE CONCLUSION OF THE ANNUAL AUDIT.

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