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Adrienne Helis Malvin Medical Research Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263505355 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Adrienne Helis Malvin Medical Research Foundation?

The Adrienne Helis Malvin Medical Research Foundation is a nonprofit organization based in New Orleans, Louisiana, with a team of seven individuals. Their primary mission involves directly engaging in the continuous active conduct of medical research in collaboration with Baylor College of Medicine in Houston, Texas, and Johns Hopkins Medicine in Baltimore, Maryland. The research focuses on the areas of cancer and Parkinson's disease. The foundation's efforts at Baylor College of Medicine and Johns Hopkins Medicine are pivotal to their cause.

What are the reviews and ratings of this charity?

Charity Navigator rating: 86%, Three-Star out of Four Star rating.

The Adrienne Helis Malvin Medical Research Foundation has achieved an 86% rating, which is indicative of strong accountability and financial practices. The score is solely based on the Accountability & Finance beacon, reflecting a commitment to transparency and responsible management of resources. The foundation excels in various aspects, including having a fully independent board and a high program expense ratio, ensuring that the majority of its funds are directed toward its mission.

The organization demonstrates strong governance, with all board members being independent and a well-documented conflict of interest policy in place. Additionally, it has no reported material diversions of assets, which speaks to its integrity and reliability as a nonprofit. The foundation's financial health is underscored by an impressively low liabilities-to-assets ratio, suggesting effective management of its obligations.

While the overall score is strong, it is important to note that the rating is derived from a single beacon, which may limit the view of its overall effectiveness beyond financial practices. Nonetheless, the foundation's commitment to accountability and its strong governance setup are evident through its ratings.


This AI summary has been generated from information found on Charity Navigator.

Is Adrienne Helis Malvin Medical Research Foundation legitimate?

Adrienne Helis Malvin Medical Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adrienne Helis Malvin Medical Research Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $601,713

For more financial information, click here

What is the mission statement of Adrienne Helis Malvin Medical Research Foundation?

The Adrienne Helis Malvin Medical Research Foundation is dedicated to conducting continuous active medical research, specifically in the fields of cancer and Parkinson's disease. In collaboration with Baylor College of Medicine in Houston, Texas, and Johns Hopkins Medicine in Baltimore, Maryland, the organization focuses on advancing knowledge and discovering new treatments in these areas. Their primary objective is to make significant contributions to the medical community through research and innovation. The foundation's efforts aim to bring about transformative improvements in healthcare and ultimately improve the lives of those affected by these conditions.

Who is the CEO of Adrienne Helis Malvin Medical Research Foundation?

David A Kerstein is the President/Trustee of Adrienne Helis Malvin Medical Research Foundation.

What is the revenue of Adrienne Helis Malvin Medical Research Foundation?

Adrienne Helis Malvin Medical Research Foundation's revenue in 2022 was $11,996,397.

Who are the executives of Adrienne Helis Malvin Medical Research Foundation and what are their salaries?

The average compensation at Adrienne Helis Malvin Medical Research Foundation during 2022 was $85,959. There are 7 employees and 4 volunteers at Adrienne Helis Malvin Medical Research Foundation.


Here are 4 key members and their salaries:


David A Kerstein (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael F Schott (Vice President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda A Reeg (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane C Fiegler (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Adrienne Helis Malvin Medical Research Foundation?

Adrienne Helis Malvin Medical Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Adrienne Helis Malvin Medical Research Foundation

Adrienne Helis Malvin Medical Research Foundation is a dynamic organization dedicated to the continuous and active pursuit of medical advancements, specifically focusing on cancer and Parkinson's disease in collaboration with esteemed institutions Baylor College of Medicine in Houston, Texas, and Johns Hopkins Medicine in Baltimore, Maryland.

The mission of Adrienne Helis Malvin Medical Research Foundation is driven by a deep commitment to making a significant impact in the realm of medical research. By partnering with Baylor College of Medicine and Johns Hopkins Medicine, the Foundation is able to leverage their expertise and resources to explore new avenues of research in the fields of cancer and Parkinson's disease.

The organization's unwavering dedication to medical progress is reflected in its ongoing research projects. For instance, a project underway at Baylor College of Medicine, titled "Identify SRC-3 SMI Med Inducer," is being led by investigator Dr. Brian York. This research holds the potential to unlock new insights and treatments within the realms of cancer and Parkinson's disease.

Adrienne Helis Malvin Medical Research Foundation's role in this collaborative effort is vital, as it directly engages in the continuous active conduct of medical research. The Foundation's commitment to this cause ensures that progress is made not only in the laboratory but also in the larger medical community, ultimately benefiting countless individuals affected by cancer and Parkinson's disease.

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Impact




October, 2024

The Adrienne Helis Malvin Medical Research Foundation significantly contributes to advancing medical knowledge and treatment options in the fields of cancer and Parkinson's disease. By collaborating with prestigious institutions such as Baylor College of Medicine and Johns Hopkins Medicine, the Foundation supports innovative research initiatives that directly address critical health issues.

Currently, one prominent project under this initiative is the SRC-3 SMI Med Inducer Program, led by Dr. Brian York at Baylor College of Medicine. This project focuses on identifying potential therapeutic targets that could lead to effective treatments for affected individuals. The Foundation's commitment to continuous, active medical research fosters an environment of discovery, aiming to improve patient outcomes and enhance our understanding of complex diseases.

Through these collaborative efforts, the Foundation not only advances scientific inquiry but also plays a vital role in the quest for new therapies, ultimately impacting the lives of those suffering from cancer and Parkinson's disease.




This information is meant to be a general summary of Adrienne Helis Malvin Medical Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,996,397 (2022)
Expenses
$1,841,175 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,361,965
  • Gross Receipts: $12,062,528

Assets and Liabilities:

  • Total Assets: $29,786,235
  • Total Liabilities: $42,509
  • Net Assets: $29,743,726

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Organization Details

Founding Year

2008

Principal Officer

David A Kerstein

Main Address

201 St Charles Avenue Suite 2600, New Orleans, LA, 70170

NTEE Category

Code: G05 - Disease

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