Mpn Research Foundation FY2021 filing

Tax-deductible

Chicago, IL501(c)(3)Medical ResearchEIN 36-4330967Revenue $2.6M in FY2021

On file with the IRSmpnresearchfoundation.orgPo Box 10743, 60610-0710 · Chicago, ILTax-exempt since Feb 2000Publicly supported charity — 170(b)(1)(A)(vi)

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To promote, fund, and support Research into causes, treatments and cure for et,pv and mf.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$238K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $729K a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$238K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$620K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
-61% vs prior year
Spent
$2.0M
To programs
68%
Net assets
$7.1M
By yearFY2020–FY2024
Revenue
$2.6M
FY2021▼ -61%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.5M
FY2021$2.6M
FY2022$3.9M
FY2023$2.5M
FY2024$3.6M
Expenses
$2.0M
FY2021▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$2.0M
FY2022$3.7M
FY2023$3.3M
FY2024$3.8M
Net assets
$7.1M
FY2021▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.1M
FY2021$7.1M
FY2022$6.7M
FY2023$6.4M
FY2024$6.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $1.4M Management & general 12% · $240K Fundraising 20% · $393K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $238K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$238,015Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kapila Viges’s $324K as Chief Executive Officer is at the 87th percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kapila Viges$323,707$308,883$209,184$238,015$78,630
Ella Vuernick—$178,063———
Sara Douglas$140,594————
Tushar Bhagat—$136,447———
Christina Persaud$127,849————
Amanda Williams$110,531————
Tamara Davis—$91,508———
Michelle Woehrle————$75,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and supports research for causes, treatments, and cures for ET, PV, and MF.

Questions for Mpn Research Foundation

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Provided by the organization

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1 program · $1.4M · in their own filed words · FY2021
01

The MPN research foundation's funds research into polycythemia vera, primary myelofibrosis and essential thrombocythemia. In addition, the MPN research foundation promotes collaboration in the scientific community to accelerate MPN research.

$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$40K
Grants paid · 38 grants · $4.1M · 2020–2024
Johns Hopkins UniversityMD · FY2024$100,000
Msk Tissue BankNY · FY2023$100,000
Yale UniversityCT · FY2023$100,000
University of Minnesota Twin CitiesFY2023$100,000
University of ChicagoIL · FY2023$100,000
Trustees of Boston UniversityMA · FY2023$100,000
New York UniversityNY · FY2023$100,000
Weill Cornell MedicineFY2022$200,000
Yale UniversityCT · FY2022$100,000
University of Minnesota Twin CitiesFY2022$100,000
University of ChicagoIL · FY2022$100,000
See all 38 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$121K
Money outPt IX
$2.0M
Ln 25
Programscol B$1.4M
Managementcol C$240K
Fundraisingcol D$393K
Owns and owesPt X
$7.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$7.8M
LiabilitiesLn 26$620K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$121K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$1.8M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$5.6M
Land, buildings, equipmentLn 10c$816
Other assetsLn 15$5K
Total assetsLn 16$7.8M
LiabilitiesLn 26$620K
Net assetsLn 32$7.1M
OperationsPt I, VI
EmployeesI 59
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$3.5M$1.8M
InvestmentsLn 11–13$3.8M$5.6M
Land, buildings, equipmentLn 10c$2K$816
Total assetsLn 16$7.4M$7.8M
LiabilitiesLn 26$1.3M$620K
Net assetsLn 32$6.1M$7.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$500K$500K
Grants and assistance to foreign recipientsLn 3$10K$10K
Pay of current officers, directors and key staffLn 5$238K$143K$33K$63K
Other salaries and wagesLn 7$453K$264K$71K$118K
Pension plan contributionsLn 8$16K$10K$1K$5K
Other employee benefitsLn 9$68K$42K$6K$20K
Payroll taxesLn 10$46K$32K$2K$12K
Legal feesLn 11b$36K$26K$10K
Accounting feesLn 11c$30K$30K
Other fees for servicesLn 11g$342K$240K$59K$44K
Advertising and promotionLn 12$151K$72K$145$79K
OccupancyLn 16$75K$30K$15K$30K
TravelLn 17$5K$3K$1K$607
Conferences, conventions and meetingsLn 19$4K$4K
Other expenses (24a–d)Ln 24$35K$3K$9K$23K
Total functional expensesLn 25$2.0M$1.4M$240K$393K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.6M$3.8M−$177K$6.8M 990 PDF
FY2023 $2.5M$3.3M−$805K$6.4M 990 PDF
FY2022 $3.9M$3.7M$230K$6.7M 990 PDF
FY2021 Viewing $2.6M$2.0M$562K$7.1M 990 PDF
FY2020 $6.5M$2.7M$3.8M$6.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $2,570,885 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,501,094$2,449,825
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $46,937$121,060
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,548,031$2,570,885
I-13 Grants and similar amounts paidPrior year $1,280,000$510,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $597,388$820,182
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $833,193$678,927
I-18 Total expensesPrior year $2,710,581$2,009,109
I-19 Revenue less expensesPrior year $3,837,450$561,776
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,570,885 across 4 lines filed
VIII-1f All other contributions, gifts and grants$2,449,825
VIII-1h Total contributions, gifts and grants$2,449,825
VIII-3 Investment incomeExcluded from tax $121,060$121,060
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $121,060$2,570,885
Part IX · Statement of functional expenses $2,009,109 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $500,000$500,000
IX-3 Grants and assistance to foreign recipientsPrograms $10,000$10,000
IX-5 Pay of current officers, directors and key staffPrograms $142,555 · Management $32,689 · Fundraising $62,772$238,016
IX-7 Other salaries and wagesPrograms $264,384 · Management $70,770 · Fundraising $117,742$452,896
IX-8 Pension plan contributionsPrograms $9,865 · Management $1,339 · Fundraising $4,608$15,812
IX-9 Other employee benefitsPrograms $42,182 · Management $6,185 · Fundraising $19,538$67,905
IX-10 Payroll taxesPrograms $32,088 · Management $1,888 · Fundraising $11,577$45,553
IX-11b Legal feesPrograms $26,179 · Management $10,167$36,346
IX-11c Accounting feesManagement $29,508$29,508
IX-11g Other fees for servicesPrograms $239,634 · Management $58,599 · Fundraising $43,740$341,973
IX-12 Advertising and promotionPrograms $72,462 · Management $145 · Fundraising $78,702$151,309
IX-16 OccupancyPrograms $30,135 · Management $15,067 · Fundraising $30,135$75,337
IX-17 TravelPrograms $3,145 · Management $1,089 · Fundraising $607$4,841
IX-19 Conferences, conventions and meetingsManagement $4,450$4,450
IX-24 Other expenses (24a–d)Programs $3,482 · Management $8,571 · Fundraising $23,110$35,163
IX-25 Total functional expensesPrograms $1,376,111 · Management $240,467 · Fundraising $392,531$2,009,109
Part X · Balance sheet $7,764,367 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $3,356,409$1,780,952
X-2 Savings and temporary cash investmentsStart of year $99,581$0
X-3 Pledges and grants receivableStart of year $125,000$35,000
X-4 Accounts receivable$292,455
X-9 Prepaid expenses and deferred chargesStart of year $14,861$2,479
X-10c Land, buildings and equipment, netStart of year $2,337$816
X-11 Publicly traded securitiesStart of year $3,837,770$5,647,215
X-15 Other assetsStart of year $5,450$5,450
X-16 Total assetsStart of year $7,441,408$7,764,367
X-17 Accounts payable and accrued expensesStart of year $79,392$170,380
X-18 Grants payableStart of year $1,215,001$450,000
X-26 Total liabilitiesStart of year $1,294,393$620,380
X-27 Net assets without donor restrictionsStart of year $2,228,265$3,079,301
X-28 Net assets with donor restrictionsStart of year $3,918,751$4,064,686
X-32 Total net assets or fund balancesStart of year $6,147,016$7,143,987
X-33 Total liabilities and net assetsStart of year $7,441,409$7,764,367
Part XI · Reconciliation of net assets $7,143,987 net assets at year end
XI-1 Total revenue$2,570,885
XI-2 Total expenses$2,009,109
XI-3 Revenue less expenses$561,776
XI-4 Net assets at start of year$6,147,015
XI-5 Net unrealized gains (losses) on investments$435,195
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,143,987

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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