NonprofitsProject Medsend

Education

Project Medsend

FORT MILL, SC

Total revenue

$3.4M

Total expenses

$3.5M

Net assets

$3.3M

Grants received

$6.7M

70 grants

EIN

752470543

Tax year

2023

Mission

MedSend provides educational loan repayment grants to Christian healthcare professionals.

Programs

2 programs

Medsend to the world - to repay the educational loans of health care workers as they serve at home (usa) and abroad.

Expenses: $535KGrants: $306K

Longevity program - to increase the average length of service of the medsend grant recipient missionary by focusing on resilience and sustainability, seeking to improve their professional, personal, and spiritual wellbeing.

Expenses: $470KGrants: $99K

Financials

FY 2023

Revenue

Contributions & grants$3.2M
Program service revenue$21K
Investment income$198K
Other revenue
Total revenue$3.4M

Expenses

Grants paid$1.3M
Salaries & benefits$1.3M
Fundraising$1.0M
Other expenses$908K
Total expenses$3.5M
Total assets$3.4M
Net assets$3.3M

People

17 listed

NameRoleCompensation

Richard C Allen

President/CEO/Chair. Retirement Oversight Comm.

Board

$137K

40 hrs/wk

Shane Higby

Treasurer(Part Year)/Director

Board

2 hrs/wk

David Watt

Director

Board

2 hrs/wk

Dr Yong Lie Lee

Director

Board

2 hrs/wk

Erin Goeldner

Director/Chair of Governance & Compensation Comm.

Board

4 hrs/wk

Illona Maruszak

Director

Board

2 hrs/wk

Chris Walker

Secretary/Director

Board

4 hrs/wk

John Nwagnwu

Director

Board

2 hrs/wk

Kenneth Gross

Director

Board

2 hrs/wk

Michael Johnson

Director

Board

2 hrs/wk

Michael Rousseaux

Director (Part Year)

Board

2 hrs/wk

Peter Shih

Director

Board

2 hrs/wk

Janet Crow MD

Director/Vice Chairperson/Chair of Nominating Comm.

Board

4 hrs/wk

Douglas A Drevets MD

Chairman/Director

Board

4 hrs/wk

Robin Nichols

Treasurer/Director

Board

4 hrs/wk

John Simontacchi

Sr. VP of Development

Staff

$106K

40 hrs/wk

Morgan Boardman

Chief Development Officer

Staff

$104K

40 hrs/wk

Grants received

Showing 70 of 70

FromAmountPurposeYear
$464K
HUMANITARIAN AID AND DEVELOPMENT
2024
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$75K
GENERAL SUPPORT
2024
$16K
Program Support
2024
$6K
OPERATIONS
2024
$6K
Health, Medicine & Science
2024
$65K
OPERATING COST OF NON-PROFIT ORG
2023
$46K
For grant recipient's exempt purposes
2023
$25K
General purposes
2023
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1K
GENERAL SUPPORT. THE ORGANIZATION CAN USE THE FUNDS AS NEEDED IN FURTHERANCE OF ITS CHARITABLE PURPOSE.
2023
$202K
For grant recipient's exempt purposes
2022
$50K
OPERATIONS
2022
$31K
RELIGIOUS MINISTRY
2022
$26K
General program support
2022
$25K
General purposes
2022
$25K
OPERATING COST OF NON-PROFIT ORG
2022
$23K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$9K
MEDICAL SUPPLIES AND CARE FOR POOR PEOPLE
2022
$5K
Support Ministry in Medical Needs
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$1K
GENERAL SUPPORT. THE ORGANIZATION CAN USE THE FUNDS AS NEEDED IN FURTHERANCE OF ITS CHARITABLE PURPOSE.
2022
$365K
For grant recipient's exempt purposes
2021
$365K
For grant recipient's exempt purposes
2021
$29K
For recipient's exempt purpose
2021
$20K
General program support
2021
$5K
UNRESTRICTED
2021
$345K
For grant recipient's exempt purposes
2020
$178K
Unrestricted
2020
$50K
OPERATING COST OF NON-PROFIT ORG
2020
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$21K
General program support
2020
$12K
CHARITABLE
2020
$11K
MEDICAL SUPPLIESAND CARE FORPOOR PEOPLE IN OTHER COUNTRIES
2020
$5K
General purposes
2020
$2K
MATCHING GIFTS
2020
$337K
For grant recipient's exempt purposes
2019
$347K
For grant recipient's exempt purposes
2018
$314K
Unrestricted
2018
$10K
MEDICAL SUPPLIESAND CARE FORPOOR PEOPLE IN OTHER COUNTRIES
2018
$5K
CHARITABLE
2018
$11K
HEALTH & HUMAN SERVICES
2017

Funded by

$6.7M from 26 funders · 70 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$2.0M · 7 grants · 2018–2023

Natl Christian Charitable Fdn Inc

$1.9M · 5 grants · 2020–2024

American Endowment Foundation

$1.1M · 3 grants · 2022–2024

Network For Good

$497K · 3 grants · 2018–2021

Donor Advised Charitable Giving Inc

$227K · 7 grants · 2017–2023

Henry P and Susan C Crowell Trust

$220K · 3 grants · 2020–2023

Lothlorien Foundation

$140K · 3 grants · 2020–2023

Morgan Stanley Global Impact Funding Trust Inc

$105K · 2 grants · 2022–2024

Details

EIN752470543
NTEE codeB82
Subsection03
Ruling date1993-06
Formed1992
Employees21
Volunteers16
PROJECT MEDSEND — Mission, Financials & Grants Received | Grantivo