Overview
What is National Stem Cell Foundation Inc?
The National Stem Cell Foundation Inc, based in Louisville, is a nonprofit organization that is dedicated to making significant strides in the field of stem cell research and regenerative medicine. Their primary mission involves funding adult stem cell studies and clinical trials for individuals suffering from rare diseases. Moreover, they extend their reach to children with limited resources, enabling them to participate in these critical trials. Additionally, the foundation supports the National Stem Scholar program, which empowers middle school science teachers across the nation, inspiring the next generation of STEM pioneers.
Official website here: www.nationalstemcellfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The National Stem Cell Foundation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity's overall score of 96% is based entirely on its high performance in the Accountability & Finance category. This indicates that it effectively manages its resources and adheres to best practices in governance.
Strengths of the organization include a significant focus on maintaining an independent board, with 60% of its members meeting this criterion. The charity also excels in financial oversight, with no reported material diversion of assets and a low liabilities to assets ratio of 5.59%. Additionally, the organization has robust policies in place for conflict of interest, whistleblowing, and document retention, showcasing its dedication to ethical operations.
While the data does not indicate specific weaknesses, the high program expense ratio of 85.12% suggests that a substantial portion of funds is directed towards its programs, which is generally a positive sign. Overall, the National Stem Cell Foundation Inc demonstrates strong financial health and governance practices, making it a reliable choice for donors interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Stem Cell Foundation Inc legitimate?
National Stem Cell Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Stem Cell Foundation Inc 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: $124,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,511
For more financial information, click here
Official website here: www.nationalstemcellfoundation.org
What is the mission statement of National Stem Cell Foundation Inc?
The National Stem Cell Foundation Inc is dedicated to supporting stem cell and regenerative medicine research, providing access to clinical trials for children with limited resources who suffer from rare diseases, and inspiring middle school science teachers nationwide through the National Stem Scholar program. By funding research, participating in clinical trials, and educating the next generation of science teachers, the foundation aims to advance the field of stem cell research and inspire future pioneers in the field.
Official website here: www.nationalstemcellfoundation.org
Who is the CEO of National Stem Cell Foundation Inc?
Dr Paula Grisanti is the Ceo of National Stem Cell Foundation Inc. The CEO's salary of National Stem Cell Foundation Inc is $100,000 and their total compensation is $100,000.
Official website here: www.nationalstemcellfoundation.org
What is the revenue of National Stem Cell Foundation Inc?
National Stem Cell Foundation Inc's revenue in 2022 was $1,865,601.
Official website here: www.nationalstemcellfoundation.org
Who are the executives of National Stem Cell Foundation Inc and what are their salaries?
The average compensation at National Stem Cell Foundation Inc during 2022 was $57,628. There are 4 employees and 4 volunteers at National Stem Cell Foundation Inc.
Here are 6 key members and their salaries (National Stem Cell Foundation Inc's CEO's salary is $100,000 and their total compensation is $100,000):
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
Official website here: www.nationalstemcellfoundation.org
Where can I find the form 990 for National Stem Cell Foundation Inc?
National Stem Cell Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalstemcellfoundation.org
Learn more at the official website: www.nationalstemcellfoundation.org
Mission Statement of National Stem Cell Foundation Inc
The National Stem Cell Foundation Inc plays a vital role in supporting stem cell research and regenerative medicine, with a focus on funding adult stem cell studies. Beyond this, the organization extends its reach to children with limited resources, connecting them to clinical trials for rare diseases. In addition to these initiatives, National Stem Cell Foundation Inc also underwrites the National Stem Scholar Program. This program is designed to inspire middle school science teachers across the nation, nurturing the next generation of stem pioneers. By funding research, providing access to clinical trials, and empowering educators, National Stem Cell Foundation Inc is committed to advancing stem cell science and making a positive impact on individuals' lives.
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Impact
July, 2024
The National Stem Cell Foundation Inc makes a significant impact by funding adult stem cell and regenerative medicine research, connecting children with limited resources to clinical trials for rare diseases, and underwriting the National Stem Scholar Program for middle school science teachers. This organization plays a crucial role in advancing medical research, providing hope for individuals with rare diseases, and inspiring the next generation of STEM pioneers. Based in Louisville, KY, the National Stem Cell Foundation Inc is actively working towards improving healthcare outcomes and fostering a passion for science education in the local community and beyond.
This information is meant to be a general summary of National Stem Cell Foundation Inc. 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 2022.
- Investment Income: $73,610
- Program Service Revenue: $411,000
- Gross Receipts: $2,884,194
Assets and Liabilities:
- Total Assets: $7,677,199
- Total Liabilities: $429,384
- Net Assets: $7,247,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED ASSETS
Revenue
$411,000
Organization Details
Founding Year
2003
Phone
(502) 379-8544Principal Officer
Dr Paula Grisanti
Main Address
462 SOUTH 4TH STREET 1230, LOUISVILLE, KY, 40202
NTEE Category
Code: H40 - Medical research
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