EIN 52-1494164

Foundation for Anesthesia Education and Research (FAER)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1986
Most recent tax filings
2021-12-01
Description
The Foundation for Anesthesia Education and Research (FAER) is a 501(c)3 non-profit, and a related organization of the American Society of Anesthesiologists. Its mission is to advance medicine through anesthesia research and education. FAER is committed to ensuring physician anesthesiologists lead medicine into the future through scientific discovery and the creation of new knowledge. It serves to inspire, support and prepare anesthesiologists to advance patient care and improve lives through basic, clinical, translational science and medical education research.
Total revenues
$3,655,249
2021
Total expenses
$4,029,732
2021
Total assets
$35,213,980
2021
Num. employees
0
2021

Program areas at FAER

Mentored Research training grant program offers two-year $250,000 grants for Anesthesia faculty members who have completed their core anesthesiology residencies within the past ten years. The grant program covers health services Research, clinical or translational training grants and basic science.
The medical student Anesthesia Research fellowship summer virtual program provides medical students with an 8-week virtual series of online Anesthesia Research content. The series includes panel presentations, journal clubs on recent literature, and the opportunity to connect with a mentor and other students in small groups.
The Research in Education grant program (reg) offers two-year $100,000 grants for faculty members of any rank. The program is focused on developing innovative techniques for Anesthesia Education. The grant advances the careers and knowledge of anesthesiologists interested in improving the concepts, methods, and techniques of Education in anesthesiology.

Grants made by FAER

GranteeGrant descriptionAmount
University of Pennsylvania (Penn)Apsf-Mrtg-02-15-2020-Gaulton (Timothy)$150,000
Johns Hopkins University (JHU)Mrtg-08-15-2020-Rosenblatt (Kathryn)$125,000
University of Pennsylvania (Penn)Mrtg-08-15-2020-Mackay (Emily)$125,000
...and 15 more grants made

Who funds Foundation for Anesthesia Education and Research (FAER)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Society of Academic Associations of Anesthesiology and Perioperative MedicineSupport Research in the Area of Anesthesiology and Perioperative Medicine Education$125,000
The Association of University AnesthesiologistsTo Advance Medicine Through Education and Research in Anesthesilogy$50,000
American Board of Anesthesiology (ABA)The Co-Sponsored Grant By the Aba and Foundation for Anesthesia Education and Research (Faer) Is Designed To Advance the Careers and Knowledge of Anesthesiologists Interested in the Key Elements of Education in Anesthesiologycurriculum, Instruction and Assessment.$25,000
...and 8 more grants received

Personnel at FAER

NameTitleCompensation
James C. EisenachPresident and Chief Executive Officer$0
Matthew KremkeExecutive Director
Kari PantolDevelopment Manager
Denham S. WardPresident Emeritus$70,000
Joy L. HawkinsChair$0
...and 5 more key personnel

Financials for FAER

RevenuesFYE 12/2021
Total grants, contributions, etc.$2,777,059
Program services$0
Investment income and dividends$625,982
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$252,208
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,655,249

Form 990s for FAER

Fiscal year endingDate received by IRSFormPDF link
2020-122021-10-22990View PDF
2019-122021-02-22990View PDF
2018-122020-01-13990View PDF
2017-122018-12-22990View PDF
2016-122017-12-04990View PDF
...and 7 more Form 990s
Data update history
November 11, 2022
Used new vendors
Identified 1 new vendor, including
July 28, 2022
Received grants
Identified 2 new grant, including a grant for $50,000 from The Association of University Anesthesiologists
July 7, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 2, 2022
Updated personnel
Identified 13 new personnel
September 21, 2021
Received grants
Identified 6 new grant, including a grant for $2,000,000 from American Society of Anesthesiologists (ASA)
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsCharities
Issues
Science and technologyHealth
Characteristics
Provides grantsConducts researchNational levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
1061 American LN
Schaumburg, IL 60173
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
asahq.org/faer 
Phone
(630) 912-2554
Facebook page
FAERinfo 
Twitter profile
@faeranesthesia 
IRS details
EIN
52-1494164
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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