Cormick Scanlan Memorial Foundation

Saint Paul, MN · Supporting organization · Since 2023 · Medical Research

✓ Tax-deductible Latest data FY2025
Revenue
$222K
Spent
$40K
To programs
100%
Net assets
$276K

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
100% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CCormick Scanlan Memorial Foundation
EINHdr · item D93-1541211
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2023
Year of formationHdr · item L2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSaint Paul, MN
NTEE classificationIRS BMFMedical Research (H12)
WebsiteHdr · item Jwww.livelikemick.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$40K
Total functional expensesLn 25$40K

Financial health

Net inflow
+82%
revenue over expenses, this year
Pass-through gifts
93%
of revenue from contributions
Program spending
100%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue less expensesPt I · Ln 19$181K
Total assetsPt X · Ln 16$276K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$276K
Total assetsLn 16$276K
Total liabilitiesLn 26$0
Total net assetsLn 32$276K
Months of cash on handcomputed81.9

Statement of Revenue

Part VIII
Contributions & grants$206K · 93%
Other revenue$12K · 6%
Investment income$3K · 1%
Contributions & grants93%$206K
Other revenue6%$12K
Investment income1%$3K
Total revenueLn 12$222K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $276K · Operating expenses/yr $40K
81.9 months
Where the money goes
Program services
Program services $40K · Total expenses $40K
100%
Management & General
Management & general $0 · Total expenses $40K
0%
Fundraising
Fundraising $0 · Total expenses $40K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $206K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $222K
93%
Government reliance
Government grants — · Total revenue $222K
—
Earned-income share
Program service revenue $0 · Total revenue $222K
0%
Investment reliance
Investment income $3K · Total revenue $222K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $40K
0%
Growth & trend
Revenue growth (YoY)
This year $222K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $276K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $222K · Expenses $40K
+82%
Liabilities-to-Assets
Total liabilities — · Total assets $276K
—
Net-asset ratio
Net assets $276K · Total assets $276K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $276K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel Scanlan · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $40K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $40K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cormick Scanlan Memorial Foundation executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Cormick Scanlan Memorial Foundation is a medical research supporting organization based in Saint Paul, MN, formed in 2023.

Provided by the organization

This section is blank until Cormick Scanlan Memorial Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

2 program services account for $40K of program spending, described in the organization's own filed words · FY2025.
01

Support saint paul youth athletics

$20Kprogram expense
02

Support medical research on moyamoya disease

$20Kprogram expense

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Funders

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $34K · 2025–2025
Mayo ClinicMN · FY2025$20,000
Cretin Derham Hall AthleticsFY2025$14,000

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $222K$40K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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