EIN 34-1264220

Neomed Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1978
Most recent tax filings
2022-06-01
Description
The Neomed Foundation aims to strengthen the financial capacity of the Northeast Ohio Medical University and broaden access to high-quality medical, pharmacy, and graduate education. It supports other educational and general purposes of Neomed, such as public service support, research support, institutional support, and plant operations and maintenance. The foundation offers scholarships and grants to students of Northeast Ohio Medical University.
Also known as...
Northeast Ohio Medical University Foundation
Total revenues
$5,634,927
2022
Total expenses
$3,534,157
2022
Total assets
$28,522,645
2022
Num. employees
0
2022

Program areas at Neomed Foundation

Scholarships and grants to students of Northeast Ohio Medical University.
Research support for Northeast Ohio Medical University.
Institutional support for Northeast Ohio Medical University.
Support of the other educational and general purposes of Neomed, including public service support, research support, institutional support, and plant operations and maintenance.

Who funds Neomed Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Margaret Clark Morgan FoundationPromoting Innovation and Restoring Lives for People With Schizophrenia and Other Serious Mental$400,000
Margaret Clark Morgan FoundationPromoting Innovation and Restoring Lives for People With Schizophrenia and Other Serious Mental$400,000
Margaret Clark Morgan FoundationPromoting Innovation and Restoring Lives for People With Schizophrenia and Other Serious Mental$400,000
...and 19 more grants received totalling $1,574,790

Personnel at Neomed Foundation

NameTitleCompensation
Daniel BlainVice President , Advancement$0
Mary TaylorTreasurer$0
Lindsey LoftusInterim Foundation President$0
Deborah A OkeyChair$0
Jerry R HermanTreasurer$0
...and 7 more key personnel

Financials for Neomed Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$3,910,931
Program services$0
Investment income and dividends$1,138,449
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$404,271
Net income from fundraising events$-899
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$182,175
Total revenues$5,634,927

Form 990s for Neomed Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-14990View PDF
2020-062021-05-26990View PDF
2019-062020-09-03990View PDF
2018-062019-05-14990View PDF
2017-062018-05-14990View PDF
...and 7 more Form 990s

Organizations like Neomed Foundation

OrganizationLocationRevenue
Shawnee State University Development FoundationPortsmouth, OH$4,963,546
Ocean County College FoundationToms River, NJ$3,457,940
Southwest Minnesota State University FoundationMarshall, MN$4,996,168
Fairmont State FoundationFairmont, WV$3,252,544
Skagit Valley College FoundationMount Vernon, WA$4,966,852
College Foundation at DelhiDelhi, NY$2,505,756
UW-Whitewater FoundationWhitewater, WI$7,028,290
Valley City State University FoundationValley City, ND$7,610,342
University of Central Missouri FoundationWarrensburg, MO$17,903,644
University of Central Ar FoundationincConway, AR$12,983,167
Data update history
June 29, 2023
Updated personnel
Identified 7 new personnel
May 25, 2023
Updated personnel
Identified 7 new personnel
May 13, 2023
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 4 new grant, including a grant for $36,000 from Templeton Am and HR Med RSRCH PFDN
August 2, 2022
Received grants
Identified 4 new grant, including a grant for $28,221 from Ohio Lions Eye Research Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
PO Box 95
Rootstown, OH 44272
Metro area
Akron, OH
County
Portage County, OH
Website URL
neomed.edu/give/neomed-foundation/ 
Phone
(330) 325-6369
IRS details
EIN
34-1264220
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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