EIN 11-2608229

Maimonides Research & Development Foundation

Name: Maimonides Research & Development Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Brooklyn

State

New York

Year formed

1982

Most recent tax filings

2023-12-01

NTEE code, primary

H90: Medical Specialty Research

Description

The Maimonides Research & Development Foundation awards grants for research and development activities primarily to physicians associated with Maimonides Medical Center. It was established exclusively for the educational, scientific, medical, and charitable purposes carried on by Maimonides Medical Center. Expenditures for grants represent funds awarded by the Foundation's board of directors for medical research and development projects. Revenue is generated from rental income produced by this foundation that is located in Brooklyn, NY.

Related structure

Maimonides Research & Development Foundation is a subordinate organization under Maimonides Medical Center.

Also known as...

Maimonides Research and Development Foundation

Total revenues

$849,538

2023

Total expenses

$788,700

2023

Total assets

$19,807,901

2023

Num. employees

2023

Program areas at Maimonides Research & Development Foundation

Expenditures for grants represent funds awarded by the Foundation's board of directors for medical Research and Development projects. Included in expenses are $207,758 Research related administrative fees. Revenue is generated from rental income produced by providing facilities to Maimonides medical center.

Grants made by Maimonides Research & Development Foundation

Grantee	Grant description	Grant year	Amount
Maimonides Medical Center	Medical Research	2023-12	$351,369

Personnel at Maimonides Research & Development Foundation

Name	Title	Compensation	Date of data
Patrick Borgen	President Research Foundation	$0	2023-11-13
Laurie Weinstein	Secretary	$0	2022-12-31
Steven Eisenstadt	Chairman	$0	2022-12-31
Donna Astion	Treasurer and Secretary 1 and 1 - 6 and 30 and 21 / Secretary and Treasurer	$0	2022-12-31
Robert MacHinist	Vice President / Director	$0	2022-12-31
...and 2 more key personnel

Financials for Maimonides Research & Development Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$10,000	-100%
Program services	$275,000	$275,000	-
Investment income and dividends	$798,697	$614,785	29.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-225,374	$662,158	-134%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$1,215	$0	999%
Total revenues	$849,538	$1,561,943	-45.6%

Form 990s for Maimonides Research & Development Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-05	990	View PDF
2022-12	2023-11-13	990	View PDF
2021-12	2022-11-09	990	View PDF
2020-12	2021-11-03	990	View PDF
2019-12	2021-02-24	990	View PDF
...and 10 more Form 990s

Organizations like Maimonides Research & Development Foundation

Organization	Type	Location	Revenue
KidneyCure	501(c)(3)	Washington, DC	$2,866,193
Florida Heart Research Foundation	501(c)(3)	Miami, FL	$1,119,824
Pva Research Foundation	501(c)(3)	Washington, DC	$946,573
Hunters CMT4B3 Research Foundation	501(c)(3)	Scarsdale, NY	$407,129
Pediatric Nephrology Research Consortium	501(c)(3)	Pickerington, OH	$906,179
Columbus Children's Foundation	501(c)(3)	Chapel Hill, NC	$866,002
The Arvo Foundation for Eye Research	501(c)(3)	Rockville, MD	$997,892
Saem Research Foundation	501(c)(3)	Des Plaines, IL	$515,393
Radiation Oncology Institute (ROI)	501(c)(3)	Arlington, VA	$518,598
Retina Research Foundation	501(c)(3)	Houston, TX	$2,299,919

Data update history

January 18, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 16, 2024

Updated personnel

Identified 1 new personnel

December 28, 2023

Used new vendors

Identified 1 new vendor, including

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 6, 2023

Updated personnel

Identified 3 new personnel

Nonprofit Types

Grantmaking organizationsDisease research fundraisersMedical research organizationsChapter / child organizationsCharities

Issues

Health

Characteristics

Provides grantsConducts researchOperates internationallyState / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 4802 Tenth Ave; Brooklyn, NY 11219
Metro area: New York-Newark-Jersey City, NY-NJ-PA
County: Kings County, NY
Website URL: maimo.org/
Phone: (718) 283-6456

IRS details

EIN: 11-2608229
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1982
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: H90: Medical Specialty Research
NAICS code, primary: 813212: Health and Disease Research Fundraising Organizations
Parent/child status: Subordinate organization

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Maimonides Research & Development Foundation

Program areas at Maimonides Research & Development Foundation

Grants made by Maimonides Research & Development Foundation

Personnel at Maimonides Research & Development Foundation

Financials for Maimonides Research & Development Foundation

Form 990s for Maimonides Research & Development Foundation

Organizations like Maimonides Research & Development Foundation

Nonprofits

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