EIN 34-1264220

Neomed Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1978
Most recent tax filings
2023-06-01
Description
The Neomed Foundation aims to strengthen the financial capacity of the Northeast Ohio Medical University and broaden access to high-quality medical, pharmacy, and graduate education. It supports other educational and general purposes of Neomed, such as public service support, research support, institutional support, and plant operations and maintenance. The foundation offers scholarships and grants to students of Northeast Ohio Medical University.
Related structure
Neomed Foundation is a subordinate organization under ERS Strategic Properties.
Also known as...
Northeast Ohio Medical University Foundation
Total revenues
$8,046,536
2023
Total expenses
$2,651,127
2023
Total assets
$35,572,515
2023
Num. employees
0
2023

Program areas at Neomed Foundation

Scholarships and grants to students of Northeast Ohio Medical University.
Academic support for Northeast Ohio Medical University
Instructional support for Northeast Ohio Medical University.
Support of the other educational and general purposes of Neomed, including public service support, research support, institutional support, and plant operations and maintenance.

Who funds Neomed Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Margaret Clark Morgan FoundationPromoting Innovation and Restoring Lives for People With Schizophrenia and Other Serious Mental ...$600,000
Margaret Clark Morgan FoundationPromoting Innovation and Restoring Lives for People With Schizophrenia and Other Serious Mental ...$500,000
Crocker Catalyst FoundationGeneral Support$367,670
...and 13 more grants received

Personnel at Neomed Foundation

NameTitleCompensation
Sophie SureauVice President for Advancement
Lindsey LoftusSenior Director of Principal Gifts$0
Craig EynonDirector , Annual and Foundation Giving
Sarah Starr ZechmanDirector of Advancement Services
Jerry R. Herman, CFABoard Member$0
...and 10 more key personnel

Financials for Neomed Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,732,878
Program services$0
Investment income and dividends$858,643
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$216,078
Net income from fundraising events$-2,987
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$241,924
Total revenues$8,046,536

Form 990s for Neomed Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-14990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-09-03990View PDF
...and 9 more Form 990s

Organizations like Neomed Foundation

OrganizationLocationRevenue
Ocean County College FoundationToms River, NJ$2,407,473
Missouri Western State University FoundationSaint Joseph, MO$4,544,210
Aurora Public Schools Education FoundationAurora, CO$2,682,880
Seminole State College Educational FoundationSeminole, OK$3,415,676
Shawnee State University Development FoundationPortsmouth, OH$3,301,763
Skagit Valley College FoundationMount Vernon, WA$5,969,491
Loudoun Education FoundationAshburn, VA$2,559,485
Boise State University FoundationBoise, ID$40,142,108
UW-Whitewater FoundationWhitewater, WI$4,856,268
Oregon Tech FoundationKlamath Falls, OR$6,429,423
Data update history
October 19, 2024
Updated personnel
Identified 7 new personnel
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $8,200 from Neoucom Education Trust
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $5,604 from Louis Bloomberg and Helen E Bloomberg Foundation
January 1, 2024
Received grants
Identified 5 new grant, including a grant for $600,000 from Margaret Clark Morgan Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 95
Rootstown, OH 44272
Metro area
Akron, OH
County
Portage County, OH
Website URL
neomed.edu/give/foundation/ 
Phone
(330) 325-6369
IRS details
EIN
34-1264220
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0289273
FTB Entity ID
5856705
AB 488 data last updated ("as-of") date
2024-11-20
Free account sign-up

Want updates when Neomed Foundation has new information, or want to find more organizations like Neomed Foundation?

Create free Cause IQ account