Institute For Transfusion Medicine, Blood Science Foundation in Pittsburgh, Pennsylvania (PA)

Organization representatives - add corrected or new information about Institute For Transfusion Medicine, Blood Science Foundation »

Non-representatives - add comments about Institute For Transfusion Medicine, Blood Science Foundation»

Institute For Transfusion Medicine, Blood Science Foundation
Employer Identification Number (EIN)251562715
Name of OrganizationInstitute For Transfusion Medicine
Secondary NameBlood Science Foundation
In Care of NameFive Parkway Center
Address875 Greentree Rd, Pittsburgh, PA 15220-3508
ActivitiesEndowment fund or financial services
SubsectionCharitable Organization
Ruling Date03/2010
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 Period06/2007
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$78,970,315
Amount of Income$1,195,349
Form 990 Revenue Amount$1,195,349
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Nonmonetary Support (Not Elsewhere Classified)


Non-representatives - add comments:


CAPTCHA

Your IP address 3.135.200.4 will be logged.

Financial snapshot ($)

Assets at end of 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$124,640$1,381,193$1,297,630$1,369,183$2,236,858$4,494,232$3,818,651$1,195,349
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$32,944$32,944$111,644$115,599$128,884$100,874$0$0
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$987,782$946,365$917,369$918,652$1,299,805$1,330,803$1,176,129$2,233,094
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-896,086$401,884$268,617$334,932$808,169$3,062,555$2,642,522$-1,037,745
Gross amount from sales of assets other than inventory$13,775,961$24,116,772$2,564,642$20,811,475$2,970,855$15,352,049$2,642,522$0
Less: cost or other basis and sales expenses$14,672,047$23,714,888$2,296,025$20,476,543$2,162,686$12,289,494$0$1,037,745
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0$0
Total expenses$133,134$139,885$139,189$147,386$227,955$220,032$150,510$149,519
Program services$0$0$0$0$84,500$70,000$0$0
Management and general$133,134$139,885$139,189$147,386$143,455$150,032$150,510$149,519
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$43,539,859$40,544,578$41,314,830$59,766,352$64,033,716$69,467,306$89,427,901$78,970,315
Excess or (deficit) for the year$-8,494$1,241,308$1,158,441$1,221,797$2,008,903$4,274,200$3,668,141$1,045,830
Net assets or fund balances at beginning of year$46,006,408$43,539,859$40,544,578$41,314,830$59,766,352$64,033,716$69,467,306$89,427,901
Other changes in net assets or fund balances$-2,458,055$-4,236,589$-388,189$17,229,725$2,258,461$1,159,390$16,292,454$-11,503,416
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$149,519$0$149,519$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$149,519$0$149,519$0
Balance Sheets
20002001200220032004200520062007
Total assets$43,539,859$40,544,578$41,314,830$59,766,352$64,033,716$69,467,306$89,427,901$78,970,315
Cash - non-interest-bearing$1,647$390$1,806$9,795$9,715$9,996$9,486$10,046
Savings and temporary cash investments$0$0$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$40,358,019$37,469,978$40,305,544$58,788,853$63,155,288$68,708,036$88,819,141$78,511,073
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$1,043,819$971,703$903,541$835,739$777,554$0$0$0
Other assets, including program-related investments$2,136,374$2,102,507$103,939$131,965$91,159$749,274$599,274$449,196
Total liabilities$0$0$0$0$0$0$0$0
Accounts payable and accrued expenses$0$0$0$0$0$0$0$0
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$43,539,859$40,544,578$41,314,830$59,766,352$64,033,716$69,467,306$89,427,901$78,970,315
Total net assets or fund balances$43,539,859$40,544,578$41,314,830$59,766,352$64,033,716$69,467,306$89,427,901$78,970,315
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$124,640$1,381,193$1,297,630$1,369,183$2,236,858$4,494,232$3,818,651$1,195,349
Total revenue, gains, and other support per audited financial statements$-2,261,299$-2,783,280$977,602$6,666,711$4,553,504$5,697,261$10,159,419$1,251,132
Other expenses$-2,385,939$-4,164,473$-320,028$5,297,528$2,316,646$1,203,029$6,340,768$55,783
Net unrealized gains on investments$-2,458,055$-4,236,589$-388,189$5,229,726$2,258,461$1,159,390$6,292,454$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$72,116$72,116$68,161$67,802$58,185$43,639$48,314$55,783
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$133,134$139,885$139,189$147,386$227,955$220,032$150,510$149,519
Total expenses and losses per audited financial statements$205,250$212,001$207,350$215,188$286,140$263,671$198,824$11,708,718
Other revenue$72,116$72,116$68,161$67,802$58,185$43,639$48,314$11,559,199
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$11,503,416
Other$72,116$72,116$68,161$67,802$58,185$43,639$48,314$55,783
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings5
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,195,349$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$2,233,094$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-1,037,745$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType III
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
363492969Institute For Transfusion Medicine, LifesourceNo$0
030497690Institute For Transfusion Medicine, Itxm Diagnostics IncNo$0
251839168Institute For Transfusion Medicine, Itxm Clinical ServicesNo$0
251055312Institute For Transfusion Medicine, Central Blood BankNo$0
Total$0
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Institute For Transfusion Medicine, Blood Science Foundation to others? (optional)
  
Add photo of Institute For Transfusion Medicine, Blood Science Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Allegheny Tax Society in Pittsburgh, PA
Lifesitenews Com Inc in Pittsburgh, PA
*
Newport Drive Properties in Pittsburgh, PA
*****
The Pittsburgh Project in Pittsburgh, PA
Cornerstone Church Of Clarion in Shippenville, PA
Pink Hands Of Hope in Mechanicsburg, PA
*****
The Christine M Mccaffrey Community Emergency Fund in Langhorne, PA
Valley Asa Softball in Sayre, PA
Rotary International, Altoona-Sunrise Rotary Club in Altoona, PA
*****
Light Of The World Ministries in Philadelphia, PA
*****
Other organizations in Pennsylvania
IdNameAddressStateEstablishedTotal Income
1Benjamin Franklin Clinic An Affiliate Of Pennsylvania HospPhiladelphia, PA 19107PA$15,954,016
2Einstein No Div A/C A - FiduciaryPittsburgh, PA 15230PA$12,363,910
3Langhorne Mri Inc1201 Langhorne - Newton Road, Langhorne, PA 19047PA1946-03$12,613,473
4Lankenau Medical Center Foundation100 Lancaster Avenue, Wynnewood, PA 19096-3450PA1981-11$21,112,899
5Ncphs FoundationWilliamsport, PA 17701PA$1,193,312
6South Hills Health System FdnPittsburgh, PA 15236PA$1,843,383
7Inglis Fund2600 Belmont Ave, Philadelphia, PA 19131-2713PA2003-07$45,612,347
8Albert Einstein Healthcare Network5501 Old York Road, Philadelphia, PA 19141-3018PA1984-08$102,028,792
9Allegheny-Kiski Health Foundation IncOne Acee Drive Suite 1, Natrona Heights, PA 15065-9700PA1984-10$1,255,535
10Allied Services Foundation100 Abington Executive Park, Clarks Summit, PA 18411-2260PA1988-12$20,260,021
11Institute For Transfusion Medicine, Blood Science Foundation875 Greentree Rd, Pittsburgh, PA 15220-3508PA2010-03$1,195,349
12Summit Physician Services785 5th Avenue, Chambersburg, PA 17201-4232PA1999-04$62,550,306
13Doylestown Health Foundation595 W State St, Doylestown, PA 18901-2554PA1986-02$36,161,956
14Elk Regional Health System Foundation, Elk Regional Health Center Foundata763 Johnsonburg Rd, St Marys, PA 15857-3417PA1991-09$745,477
15Emilie J Klahr No 2 Testamentary TrustC/O Pnc Bank 620 Liberty Avenue No, Pittsburgh, PA 15222PA1944-07$1,013,994
16Hearthstone Senior Communities Inc, William TschopTwo Bala Cynwyd Plaza No 300, Bala Cynwyd, PA 19004-1512PA2000-01$94,706,787
17Lancaster General Health555 N Duke St, Lancaster, PA 17602-2250PA1983-10$391,393,334
18Memorial Health Systems Corporation325 S Belmont St, York, PA 17403-2608PA1984-12$15,224,334
19Newcourtland Elder Service1845 Walnut St Fl 12, Philadelphia, PA 19103-4731PA1997-04$4,398,120
20Philadelphia Presbytery Homes Foundation Inc2000 Joshua Rd, Lafayette Hl, PA 19444-2430PA2001-08$3,764,145
All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateInstitute For Transfusion Medicine, Central Blood Bank875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$53,168,021
SubordinateInstitute For Transfusion Medicine, Virginia Blood Services875 Greentree Rd, Pittsburgh, PA 15220-3508PA2010-03$24,973,381
SubordinateInstitute For Transfusion Medicine, Blood Science Foundation875 Greentree Rd, Pittsburgh, PA 15220-3508PA2010-03$1,195,349
CentralInstitute For Transfusion Medicine875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$1,513,971
SubordinateInstitute For Transfusion Medicine, Group ReturnFive Parkway Center, Pittsburgh, PA 15220-3608PA2010-03$203,995,601
SubordinateInstitute For Transfusion Medicine, Hemophilia Center Of Western Pennsy875 Greentree Rd, Pittsburgh, PA 15220-3508PA2010-03$49,518,431
SubordinateInstitute For Transfusion Medicine, Itxm Clinical Services875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$0
SubordinateInstitute For Transfusion Medicine, Itxm Diagnostics Inc875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$0
SubordinateInstitute For Transfusion Medicine, Lifesource875 Greentree Road, Pittsburgh, PA 15220-3508PA2010-03$0
Number of affiliated organizations
Pennsylvania9
Total9

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Institute For Transfusion Medicine, Blood Science Foundation and has no official or unofficial affiliation with Institute For Transfusion Medicine, Blood Science Foundation