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Nonprofiteer
← SOAP ENDOWMENT FUND

Form 990 for tax year 2023

Filed by SOAP ENDOWMENT FUND.

Totals

Total revenue
$175,267
Total expenses
$171,526
Contributions and grants received
$63,287
Grants paid
$75,650
Program service revenue
$52,972
Investment income
$50,833
Other revenue
$8,175
Total assets, end of year
$2,614,195
Total liabilities, end of year
$1
Net assets or fund balances, end of year
$2,614,194
Program services expenses (Part IX)
$88,950
Management and general expenses
$16,283
Fundraising expenses
$66,293
Program service expenses (Part III)
$88,950

Program services were 51.9% 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.

  • 1f · All other contributions, gifts and grants

    $63,287

  • 2a · Program service revenue: CENTER OF EXCELLENCE

    total $52,972 · related or exempt $52,972

  • 3 · Investment income

    total $53,307 · excluded $53,307

  • 7a · Gross sales of assets other than inventory

    securities $35,946

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

    securities $38,420

  • 7c · Gain or loss

    securities -$2,474

  • 7d · Net gain or loss

    total -$2,474 · excluded -$2,474

  • 11a · Other revenue: OTHER INCOME

    total $8,175 · related or exempt $8,175

  • 11e · Other revenue, total

    $8,175

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $75,650 · program services $75,650

  • 11c · Fees: accounting

    total $3,200 · management and general $3,200

  • 11f · Fees: investment management

    total $11,375 · management and general $11,375

  • 13 · Office expenses

    total $1,708 · management and general $1,708

  • 24a · Other expenses: FUNDRAISING CONSULTING

    total $66,293 · fundraising $66,293

  • 24b · Other expenses: RESEARCH NETWORK DEVELO

    total $13,300 · program services $13,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,980 · end of year $81,848

  • 4 · Accounts receivable

    end of year $6,053

  • 11 · Investments: publicly traded securities

    beginning of year $1,542,455 · end of year $1,788,353

  • 15 · Other assets

    beginning of year $685,788 · end of year $737,941

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,884 · end of year $1

  • 27 · Net assets without donor restrictions

    beginning of year $1,246,804 · end of year $1,353,827

  • 28 · Net assets with donor restrictions

    beginning of year $1,105,535 · end of year $1,260,367

Mission and programs · 2023

Mission

THE PRIMARY PURPOSE OF THE SOAP ENDOWMENT FUND IS TO CREATE FUNDING FOR EDUCATIONAL ENDEAVORS IN OBSTETRIC ANETHESIA

  • THE SOAP ENDOWMENT FUND FUNDS EDUCATIONAL ENDEAVORS IN OBSTETRIC ANESTHESIA AS WELL AS RESEARCH GRANTS AND CHARITABLE ORGANIZATIONS THAT MEET STRICT CRITERIA. ORGANIZATIONS THAT PROMOTE PATIENT SAFETY, EDUCATION, AND RESEARCH IN ANESTHESIA MAY ALSO RECEIVE FUNDING. THE SOAP ENDOWMENT FUND ALSO SUPPLIED FUNDING FOR THE WINNERS OF THE GERTIE MARX RESEARCH COMPETITION AND RECIPIENTS OF THE SOAP/KYBELE INTERNATIONAL OUTREACH GRANT AND YOUNG INVESTIGATOR GRANT.

    Expenses $88,950 · Grants $75,650 · Revenue $61,147

As filed on the 2023 return.

Listed in Part VII

  • May Pian-Smith MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Heather Nixon MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Richard Month MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mahesh Vaidyanathan MD

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Klaus Kjaer MD MBA

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 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.

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
2023
Filed
31 July 2024
IRS schema version
2023v5.1
Source object
202432329349301258

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