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Nonprofiteer
← JAEB CENTER RESEARCH TRUST INC

Form 990 for tax year 2024

Filed by JAEB CENTER RESEARCH TRUST INC.

Totals

Total revenue
$11,055,115
Total expenses
$82,034
Contributions and grants received
$9,698,833
Grants paid
$0
Program service revenue
$0
Investment income
$1,356,282
Other revenue
$0
Total assets, end of year
$35,839,635
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$35,839,635
Program services expenses (Part IX)
$0
Management and general expenses
$82,034
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $9,698,833

  • 3 · Investment income

    total $1,036,096 · excluded $1,036,096

  • 7a · Gross sales of assets other than inventory

    securities $11,745,662

  • 7b · Less cost or other basis and sales expenses

    securities $11,425,476

  • 7c · Gain or loss

    securities $320,186

  • 7d · Net gain or loss

    total $320,186 · excluded $320,186

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $82,034 · management and general $82,034

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,346,918 · end of year $7,420,869

  • 4 · Accounts receivable

    beginning of year $11,849 · end of year $37,115

  • 11 · Investments: publicly traded securities

    beginning of year $22,985,562 · end of year $28,381,651

  • 27 · Net assets without donor restrictions

    beginning of year $22,065,246 · end of year $33,560,552

  • 28 · Net assets with donor restrictions

    beginning of year $2,279,083 · end of year $2,279,083

Mission and programs · 2024

Mission

THE MISSION OF THE JAEB CENTER RESEARCH TRUST, A NONPROFIT TYPE II SUPPORTING ORGANIZATION ESTABLISHED IN 2009, IS TO MANAGE INVESTMENT ASSETS AND PROVIDE FUNDING FOR THE JAEB CENTER FOR HEALTH RESEARCH FOUNDATION PROJECTS AND PROGRAMS.

Activities or mission (Part I)

JCRT INC. HAS BEEN ESTABLISHED TO SUPPORT THE JAEB CENTER FOR HEALTH RESEARCH FOUNDATION, INC.

  • JAEB CENTER RESEARCH TRUST, INC. HAS BEEN ESTABLISHED TO SUPPORT THE JAEB CENTER FOR HEALTH RESEARCH FOUNDATION, INC. THE TRUST HOLDS AND INVESTS FUNDS FOR THE FOUNDATION IN ORDER TO SUPPORT THE ORGANIZATION IN ITS EXEMPT PURPOSE.

As filed on the 2024 return.

Listed in Part VII

  • Roy Beck

    MEDICAL DIRECTOR

    Total calculated
    $624,188
    From this org
    $0
    From related orgs
    $503,353
    Other
    $120,835
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $503,353 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $90,335 related
    Filer's total
    $0 + $624,188 related

  • Dana Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Neil Bressler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Anne Lindblad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Shan Shikarpuri

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Erica Vogt

    CHIEF FINANCIAL OFFICER

    Total calculated
    $297,179
    From this org
    $0
    From related orgs
    $243,550
    Other
    $53,629
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $243,550 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $34,550 related
    Nontaxable benefits
    $0 + $19,079 related
    Filer's total
    $0 + $297,179 related

  • Adam Glassman

    PRESIDENT

    Total calculated
    $421,907
    From this org
    $0
    From related orgs
    $342,541
    Other
    $79,366
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $342,541 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,241 related
    Nontaxable benefits
    $0 + $46,125 related
    Filer's total
    $0 + $421,907 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
ALL COMPENSATION IS ESTABLISHED AND PAID BY THE RELATED ORGANIZATION, JAEB CENTER FOR HEALTH RESEARCH FOUNDATION, INC. THE FOUNDATION USES A COMPENSATION COMMITTEE, COMPENSATION SURVEYS AND OBTAINS BOARD APPROVAL EACH YEAR AS PART OF SETTING CEO/EXECUTIVE DIRECTOR COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
31 March 2025
IRS schema version
2024v5.1
Source object
202540939349301209

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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