EIN 20-3968895

Parsemus Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Parsemus Foundation is a private foundation located in San Francisco, CA that primarily funds general support, a lithium orotate study, the Janet Wood Innovation Award, contributions to ACC&D, and supports alternatives to animal testing. Its purpose currently includes supporting COVID-19 clinical trials by assisting the University of Saskatchewan and other grantees. Last year, the foundation made seven grants in total.
Total revenues
$318,860
2023
Total expenses
$794,718
2023
Total assets
$3,563,075
2023
Num. employees
0
2023

Program areas at Parsemus Foundation

Womens healththe foundations main effort in 2023 was preparing for the launch of a new program on womens hormonal health. The scope of the project was expanded from menopause health to womens hormonal health across the lifespan. The new project is called hormonally.under the leadership of a new program director, research on the scope of the program was completed and the new mission set.the research, design, and content-creation for the full hormonally.org website was completed. The launch of the website is expected in january, 2024.to gather data and make contacts, the director attended womens health conferences,including the swell menopause conference, the european congress on menopause, the womens health conference, and the european menopause and andropause meeting.fee-for-service funding concepts were evaluated. A dedicated webpage on menopause was created for the Parsemus Foundation website, including associated infographics and posts.
Animal welfare and alternative sterilization methodsparsemus Foundation has supported research and advocacy on alternatives to traditional sterilization methods, providing extensive information on our website for pet owners. The Foundation also offers information on enhanced animal welfare standards, treatment of benign prostatic hyperplasia, and hormone restoration therapy in dogs.the Foundation serves as a primary resource for information on hormone-sparing sterilization options for dogs, including management of a directory of veterinarians who offer alternative sterilization procedures for pets.we created a new explainer video about the use of pulsed electromagnetic therapy for benign prostatic hyperplasia in dogs.a new research study on testosterone hormone restoration was launched in 2023 with expected results in 2024.in the past year, the Parsemus Foundation has provided general support for amici cannis and the alliance for contraception in cats and dogs.we distributed educationa
Infectious disease research and advocacyparsemus Foundation continued to support the dissemination of the covid-out clinical trial results, which reported the benefits of metformin to treat covid-19 symptoms and long covid. The Parsemus Foundation supported media management for the announcement of the results of the covid-out clinical trial for long covid. Press release and social media were completed in coordination with the university of minnesotas communications department.we created new infographics and website/social media materials related to the findings about metformin for covid-19 and long covid.a publication award was provided to dr. carolyn bramante for the covid-out clinical trial results publication.the Foundation supported the optimmunize conference, which brought together researchers working on the non-specific effects of vaccines.a new webpage on vaccine non-specific effects was launched.
Program service fees.
Refund of expense.
Revolution contraceptives llc is a subsidiary of Parsemus Foundation with a social mission to develop a long-acting contraceptive and make it widely available and affordable to those at all income levels in both high-income and middle-income countries. The company's first product currently under development is vasalgel, a minimally invasive and reversible form of male contraception.vasalgel technology has been licensed to a third party for further development.

Grants made by Parsemus Foundation

GranteeGrant descriptionAmount
University of SaskatchewanLithiam Orotate Study.$15,000
Amici CannisGeneral Support$10,000
University of Minnesota Foundation (UMF)Covid-19 Research$3,160

Who funds Parsemus Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$20,000

Personnel at Parsemus Foundation

NameTitleCompensation
Linda BrentExecutive Director$155,862
Abraxas AdamsDirector of Operations$117,308

Financials for Parsemus Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$218,481
Investment income and dividends$29,940
Net rental income$0
Net gain from sale of non-inventory assets$6,698
Gross sales of inventory$0
Miscellaneous revenues$63,741
Total revenues$318,860

Form 990s for Parsemus Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-21990PFView PDF
2022-122023-11-12990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-11990PFView PDF
2019-122020-10-21990PRView PDF
...and 8 more Form 990s

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Data update history
December 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 23, 2023
Used new vendors
Identified 2 new vendors, including , and
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2261 Market St 24
San Francisco, CA 94114
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
parsemus.org/ 
Phone
(415) 738-2211
IRS details
EIN
20-3968895
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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
133789
FTB Entity ID
2945567
AB 488 data last updated ("as-of") date
2024-11-20
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