NonprofitsFoundation For Advanced Education In The Sciences Inc

Education

Foundation For Advanced Education In The Sciences Inc

BETHESDA, MD

Total revenue

$45.9M

Total expenses

$41.6M

Net assets

$60.2M

Grants received

$5.2M

15 grants

EIN

520743814

Tax year

2023

Mission

Promote the productivity & attractiveness of professional life at the nih.

Programs

3 programs

Academic programs:faes supports educational, cultural, and professional initiatives of the nih and actively seeks out ways to facilitate a collegial environment. Faes offers over 80 graduate-level courses to fill the gap between traditional academic programs and working in a world-class biomedical research environment at nih. Faes had 1,408 course enrollments during the year. Faes also has partnerships from which credits can be transferred into several university of maryland master's degree programs. Faes offers over 30 training workshops taught by nih scientists and other leading biomedical field experts. Training workshops include 1-5 day sessions. Faes hosted 44 training workshops with a total of 492 attendees during the year.

Expenses: $1.8MGrants: $7K

Program support to nih:faes provides funding, food, and administrative support for a variety of programs, activities, and events in support of nih such as community building and symposia, classical and jazz music performances, wednesday afternoon lectures (wals), administration of memorials, and more. Faes also provided low cost housing to 99 nih fellows during the year and assisted the nih in securing professional liability insurance coverage for approximately 4,900 nih fellows.

Expenses: $1.1MGrants: $166K

Retail:the faes bookstore@nih has been providing medical and science textbook services to nih for over 60 years. Steps away from masur auditorium and the faes classrooms, the bookstore@nih is ideally located to support the specialized book needs of faes academic programs and the nih scientific community. Faes giftstore@nih, located in the building 10 atrium, expands the selection of quality nih imprinted clothing and gifts for nih employees, patients, and visitors.

Expenses: $699K

Financials

FY 2023

Revenue

Contributions & grants$707K
Program service revenue$43.1M
Investment income$1.6M
Other revenue$430K
Total revenue$45.9M

Expenses

Grants paid$173K
Salaries & benefits$3.9M
Fundraising$749K
Other expenses$37.6M
Total expenses$41.6M
Total assets$66.9M
Net assets$60.2M

People

29 listed

NameRoleCompensation

CHRISTINA FARIAS

CEO/EXECUTIVE DIRECTOR

Board

$357K

40 hrs/wk

NICOLE LUNA

CFO

Board

$199K

40 hrs/wk

ROBERT HOHMAN

DIRECTOR

Board

1 hrs/wk

MARITA HOPMANN

DIRECTOR

Board

1 hrs/wk

JOHN IBEX

DIRECTOR

Board

1 hrs/wk

DENNIS KLINMAN

DIRECTOR

Board

1 hrs/wk

HENRY LEVIN

DIRECTOR

Board

1 hrs/wk

GERALD MCLAUGHLIN

DIRECTOR

Board

1 hrs/wk

BARBARA ALVING

PRESIDENT & BOARD CHAIR

Board

2 hrs/wk

PHILIP MURPHY

DIRECTOR

Board

1 hrs/wk

KATHRYN NORCROSS

DIRECTOR

Board

1 hrs/wk

ALLISON NUGENT

DIRECTOR

Board

1 hrs/wk

SUSAN WRIGHT

DIRECTOR

Board

1 hrs/wk

ALAN SCHECHTER

DIRECTOR

Board

1 hrs/wk

MARGARET THOMAS

DIRECTOR

Board

1 hrs/wk

YOSUKE MUKOUYAMA

DIRECTOR

Board

1 hrs/wk

ALAN GOLDHAMMER

FIRST VICE PRESIDENT/VICE CHAIR

Board

2 hrs/wk

CAROL J THIELE

SECOND VICE PRESIDENT/VICE CHAIR

Board

2 hrs/wk

NANCY JOHNSON

TREASURER

Board

2 hrs/wk

JOSHUA FARBER

SECRETARY

Board

2 hrs/wk

SAMUEL BUCKNER

DIRECTOR

Board

1 hrs/wk

JENNIFER CATALANO

DIRECTOR

Board

1 hrs/wk

MITCHELL HO

DIRECTOR

Board

1 hrs/wk

JAMES KUHLMAN

DIRECTOR OF BUSINESS SERVICES

Staff

$174K

40 hrs/wk

MELINDA MARIS

DEAN

Staff

$162K

40 hrs/wk

MICHEL OCHOA

DIRECTOR OF INSURANCE

Staff

$155K

40 hrs/wk

JONATHAN LOGAN

ASSISTANT CONTROLLER

Staff

$135K

40 hrs/wk

LISA ROGERS

DIRECTOR OF ADMINISTRATION

Staff

$126K

40 hrs/wk

HAZUKI MIWA

ASSITANT DIRECT OF ACADEMIC PROGRAMS

Staff

$111K

40 hrs/wk

Independent contractors

TRUSTMARK HEALTH BENEFITS INC

INSURANCE CLAIMS TPA

$2.6M

KAIZEN HUMAN CAPITAL

HR CONSULTING

$370K

TALKSPACE NETWORKS LLC

MENTAL HEALTH SERVICES PROVIDER

$313K

GTM ARCHITECTS

ARCHITECTS

$169K

CLEAR REAL ESTATE SERVICES LLC

PROJECT MANAGEMENT

$134K

Grants received

Showing 15 of 15

FromAmountPurposeYear
$6K
For grant recipient's exempt purposes
2023
$800K
CONTRUCTION OF HOUSING FOR SCHOLARS
2022
$500K
Construction of the FAES House Located at 9208 Cypress Avenue, Bethesda, MD 20814 in Honor of Dr. Philip Leder
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
GENERAL OPERATING SUPPORT
2022
$100K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2021
$13K
Elliot Richardson Prize Fund
2021
$25K
HOUSING FOR SCHOLARS
2020
$20K
CONTRIBUTION TOWARDS STUDENT HOUSING PROJECT
2018

Funded by

$5.2M from 11 funders · 15 grants · 2018–2023

National Philanthropic Trust

$2.5M · 1 grant · 2022

International Biomedical Research

$845K · 3 grants · 2018–2022

Raymond James Charitable Endowment Fund

$550K · 2 grants · 2022–2023

Donor Advised Charitable Giving Inc

$520K · 1 grant · 2023

Leder Family Foundation

$500K · 1 grant · 2022

Bny Mellon Charitable Gift Fund

$100K · 1 grant · 2021

Amg Charitable Gift Foundation

$100K · 2 grants · 2022

Details

EIN520743814
NTEE codeB82Z
Subsection03
Ruling date1964-01
Formed1959
Employees38
Volunteers100
FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES INC — Mission, Financials & Grants Received | Grantivo