Acmg Foundation For Genetic And Genomic Medicine in Bethesda, Maryland (MD)

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Acmg Foundation For Genetic And Genomic Medicine
Employer Identification Number (EIN)521841165
Name of OrganizationAcmg Foundation For Genetic And Genomic Medicine
Address7220 Wisconsin Ave Ste 300, Bethesda, MD 20814-4854
ActivitiesScholarships (other)
SubsectionCharitable Organization, Educational Organization
Ruling Date09/1993
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,408,780
Amount of Income$918,371
Form 990 Revenue Amount$770,716


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$1,451,579
Contributions, Gifts, Grants and Other Similar Amounts$1,435,466
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,730
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$273
Gross amount from sales of assets other than inventory (Securities / Other)$4,371 / $0
Less: cost or other basis and sales expenses (Securities / Other)$4,098 / $0
Gain or (loss) (Securities / Other)$273 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$12,110
Statement of Functional Expenses (for 2012)
Total functional expenses$778,522
Compensation of current officers, directors, trustees, and key employees$41,665
Other salaries and wages$180,449
Payroll taxes$14,900
Professional fundraising services$0
Other$541,508
Balance Sheet (for 2012)
Total assets$1,060,246
Total liabilities$109,891
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$109,891
Total net assets or fund balances$950,355
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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