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Grace Science Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465727883 ✦ Menlo park, CA ✦ Designated as a 501(c)(3)

Overview

What is Grace Science Foundation?

Grace Science Foundation is a nonprofit organization situated in Menlo Park, California, with a focus on supporting and funding the development of life-saving treatments for patients with N-glycanase enzyme deficiency and related genetic diseases. They have backed medical research initiatives at hospitals and research facilities, fostering collaboration among academic institutions, research institutions, hospitals, private companies, and governmental agencies. A significant aspect of their work involves maintaining a colony of Ngly1 knockout rats, which have contributed to the evaluation of therapies for NGLY1 Deficiency, leading to an investigational new drug (IND) application to the FDA for a clinical study. The organization's efforts also encompass monitoring clinical phenotypes and collecting biological samples from homozygous mutant and heterozygous (carrier) NGLY1 knockout rats over their lifespan.


Official website here: www.gracescience.org

Is Grace Science Foundation legitimate?

Grace Science Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Science Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gracescience.org

What is the mission statement of Grace Science Foundation?

The Grace Science Foundation's mission is to support and finance the development of life-saving treatments for patients with a deficiency in the N-glycanase enzyme and those affected by related genetic diseases. To accomplish this, the foundation provides grant funding to hospitals and medical research facilities engaged in various fields of research related to the understanding and treatment of this condition. Furthermore, the Grace Science Foundation encourages collaboration between academic institutions, research institutions, hospitals, private companies, and governmental agencies to advance research in this area.


Official website here: www.gracescience.org

Who is the CEO of Grace Science Foundation?

Matthew R Wilsey is the President of Grace Science Foundation.


Official website here: www.gracescience.org

What is the revenue of Grace Science Foundation?

Grace Science Foundation's revenue in 2022 was $1,236,228.


Official website here: www.gracescience.org

Who are the executives of Grace Science Foundation and what are their salaries?

Here are 7 key members and their salaries:

    Matthew Wilsey (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Egon Durban (Chief Financial Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Drazan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Briger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsea Clinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Taylor Crandall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elle Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gracescience.org

    Where can I find the form 990 for Grace Science Foundation?

    The Grace Science Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gracescience.org

    Learn more at the official website: www.gracescience.org

    Mission Statement of Grace Science Foundation

    Grace Science Foundation, a nonprofit organization, is dedicated to supporting and funding the development of life-saving treatments for patients with a deficiency in the N-glycanase enzyme and related genetic diseases. The foundation's activities involve providing grant funding to hospitals and medical research facilities engaged in various fields of research related to the understanding and treatment of this condition. Furthermore, Grace Science Foundation encourages collaboration between academic institutions, research institutions, hospitals, private companies, and governmental agencies to advance this cause. Their mission is to contribute to the medical community's collective efforts in finding effective treatments for these patients, ultimately aiming to improve their quality of life.

    Impact

    This information is meant to be a general summary of Grace Science Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Grace Science Foundation's impact includes supporting and funding the development of life-saving treatments for patients deficient in the N-glycanase enzyme and those suffering from related genetic diseases. The foundation has provided grant funding to hospitals and medical research facilities conducting research in fields related to understanding and treating this condition. Additionally, they have facilitated collaboration among academia, research institutions, hospitals, private companies, and governmental agencies to advance medical research in this area. Key initiatives include maintaining a colony of Ngly1 knockout rats for evaluating therapies and supporting an investigational new drug application for an NGLY1 Deficiency gene therapy clinical study.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,778
  • Program Service Revenue: $0
  • Gross Receipts: $1,236,228

    • Assets and Liabilities:
  • Total Assets: $3,183,591
  • Total Liabilities: $51,224
  • Net Assets: $3,132,367
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Matthew R Wilsey

    Main Address

    873 SANTA CRUZ AVENUE SUITE 200, MENLO PARK, CA, 94025

    NTEE Category

    Code: H99 - Medical research

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