Duke University School Of Medicine Research Foundation in Durham, North Carolina (NC)

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Duke University School Of Medicine Research Foundation
Employer Identification Number (EIN)562247203
Name of OrganizationDuke University School Of Medicine Research Foundation
In Care of NameDuke University
Address324 Blackwell St Washington Bldg, Durham, NC 27701-3658
SubsectionCharitable Organization
Ruling Date04/2002
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,180,464
Amount of Income$2,621,517
Form 990 Revenue Amount$2,620,399
National Taxonomy of Exempt Entities (NTEE)Medical Research: Medical Research (Not Elsewhere Classified)

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Financial snapshot ($)

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
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 2011)
Total revenue$29,864
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$29,864
Gross sales of inventory, less returns and allowances$33,990
Less: cost of goods sold$4,126
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$201,499
Compensation of current officers, directors, trustees, and key employees$36,828
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$1,493,000
Total liabilities$2,452,619
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$-959,619
Retained earnings, endowment, accumulated income, or other funds$-959,619
Reason for Public Charity Status (for 2011)
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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