Overview
What is The Morris L Lichtenstein Jr Medical Research Foundation?
The Morris L Lichtenstein Jr Medical Research Foundation is a nonprofit organization based in Corpus Christi, Texas. With six dedicated employees, their primary purpose and activity revolve around conducting medical research in collaboration with not-for-profit hospitals. Currently, they are working in partnership with the University of Texas at Austin and Christus Spohn Hospital South, led by Medical Director M. Wilson, M.D., and Principal Investigator Peter Thomas, Ph.D. Their ongoing research focuses on unraveling the dual hormonal controls of human vascular cell functions and their roles in various human diseases, including infertility, cancer development, preterm birth, and hypertension (Thomas IV study). The foundation operates under the guidelines set by Section 170(B)(1)(A)(III) of the U.S. Internal Revenue Code and related Treasury Regulations, making it a recognized medical research organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
The Morris L Lichtenstein Jr Medical Research Foundation received a solid score of 79%, reflecting a commendable level of accountability and finance management. With a strong emphasis on independent governance, the organization boasts a board composed of 71% independent members, showcasing its commitment to transparency and ethical oversight.
Financially, the foundation demonstrates effective use of its resources, with an impressive program expense ratio of 83.33%, indicating that the majority of its funds are directed towards its mission-related programs. Additionally, the foundation maintains a low liabilities to assets ratio of 0.01%, signaling strong financial health and stability.
While the overall rating is positive, it is based solely on the accountability and finance beacon, which means there may be limited insights into other operational aspects. However, the presence of comprehensive policies, including conflict of interest and whistleblower policies, enhances its credibility among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Morris L Lichtenstein Jr Medical Research Foundation legitimate?
The Morris L Lichtenstein Jr Medical Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morris L Lichtenstein Jr 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: $78,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,398
For more financial information, click here
What is the mission statement of The Morris L Lichtenstein Jr Medical Research Foundation?
The Morris L Lichtenstein Jr Medical Research Foundation is a medical research organization, as per the U.S. Internal Revenue Code and related Treasury regulations. Its primary purpose and activity revolve around conducting medical research in collaboration with one or more not-for-profit hospitals. Currently, the foundation is engaged in research, in collaboration with the University of Texas at Austin and Christus Spohn Hospital South, focusing on the dual hormonal controls of human vascular cell functions and their roles in human diseases such as infertility, cancer development, preterm birth, and hypertension. The Thomas IV study is one of their ongoing projects in this regard.
Who is the CEO of The Morris L Lichtenstein Jr Medical Research Foundation?
Charles W Thomasson is the President / of The Morris L Lichtenstein Jr Medical Research Foundation.
What is the revenue of The Morris L Lichtenstein Jr Medical Research Foundation?
The Morris L Lichtenstein Jr Medical Research Foundation's revenue in 2023 was $768,673.
Who are the executives of The Morris L Lichtenstein Jr Medical Research Foundation and what are their salaries?
The average compensation at The Morris L Lichtenstein Jr Medical Research Foundation during 2023 was $28,853. There are 6 employees at The Morris L Lichtenstein Jr Medical Research Foundation.
Here are 7 key members and their salaries:
- Compensation: $35,988
- Related: $0
- Other: $0
- Compensation: $7,400
- Related: $0
- Other: $0
- Compensation: $7,400
- Related: $0
- Other: $0
- Compensation: $6,800
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
Where can I find the form 990 for The Morris L Lichtenstein Jr Medical Research Foundation?
The Morris L Lichtenstein Jr Medical Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Morris L Lichtenstein Jr Medical Research Foundation
The Morris L. Lichtenstein Jr. Medical Research Foundation is a distinguished organization dedicated to conducting medical research in partnership with not-for-profit hospitals. As a medical research organization, the foundation's primary objective is to collaborate with these hospitals to further advance their understanding of various human diseases and their underlying mechanisms. The foundation operates under the guidelines of Section 170(B)(1)(A)(III) of the U.S. Internal Revenue Code and related Treasury Regulations.
In particular, the foundation is currently engaged in a collaborative study with the University of Texas at Austin and Christus Spohn Hospital South. This research, led by Foundation Medical Director M. Wilson, M.D., and Principal Investigator Peter Thomas, Ph.D., is focused on investigating the dual hormonal controls of human vascular cell functions and their roles in human diseases. The current study, titled Thomas IV, is exploring the links between these hormonal controls and conditions such as infertility, cancer development, preterm birth, and hypertension. This collaborative research aims to contribute valuable insights that could potentially lead to the development of new treatments and interventions for these diseases.
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Impact
July, 2024
The Morris L Lichtenstein Jr Medical Research Foundation's impact lies in its collaboration with the University of Texas at Austin and Christus Spohn Hospital South to conduct medical research. The foundation's medical director, M. Wilson, M.D., and principal investigator, Peter Thomas, Ph.D., are specifically investigating the dual hormonal controls of human vascular cell functions and their roles in various human diseases such as infertility, cancer development, preterm birth, and hypertension through the Thomas IV Study.
This information is meant to be a general summary of The Morris L Lichtenstein Jr 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $761,958
- Gross Receipts: $1,693,156
Assets and Liabilities:
- Total Assets: $12,185,379
- Total Liabilities: $1,468
- Net Assets: $12,183,911
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Organization Details
Founding Year
1995
Principal Officer
Charles W Thomasson
Main Address
615 UPPER N BROADWAY STE 647, CORPUS CHRISTI, TX, 784010736
NTEE Category
Code: T20Z - Philanthropy
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