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research dossier

XAVIER FOUNDATION INC

WOODBURY, NY · EIN 831528765 · Form 990 · FY2021 · NTEE B12 · Education · Medium ($1M-$10M)
revenue
$1.6M
expenses
$903K
net assets
$900K
employees
0
program ratio
100%
mission · from form 990

THE ORGANIZATION MISSION IS TO GIVE DESERVING AND QUALIFY STUDENTS AN OPPORTUNITY TO ATTEND MEDICAL SCHOOL AT NO COST TO THEM. THE MISSION IS ALSO TO GIVE HIGH PERFORMING FACULTY AND STAFF OPPORTUNITIES TO UNDERTAKE RESEARCH AND OTHER SCHOLARLY ACTIVITIES FREE OF CHARGE TO THEM.

profile · synthesized from sources

XAVIER FOUNDATION INC is a New York-based nonprofit organization dedicated to providing financial support for deserving and qualified students to attend medical school at no cost. The foundation also supports high-performing faculty and staff by funding research and scholarly activities. Its mission centers on advancing access to medical education and academic opportunity.

named programs · 2 · from sources

What they call their work

Faculty and Staff Research Support Program
Offers opportunities for high-performing faculty and staff to engage in research and scholarly activities without financial burden
Medical School Scholarship Program
Provides financial support for deserving and qualified students to attend medical school with no out-of-pocket cost
activities · 2 groups

What they do

  • Healthcare Education Scholarships and Fellowships 1 activity
    • Provides full financial support for qualifying students to attend medical school
      Funds the complete cost of medical school attendance for eligible students, removing financial barriers to medical education.
  • University-Specific Endowment and Program Funding 1 activity
    • Supports research and scholarly activities for high-performing faculty and staff
      Finances research and scholarly initiatives for exceptional faculty and staff at no cost to them, enabling academic and scientific advancement.
financials · form 990 · fy2021
revenue
Total revenue$1.63M
Contributions & grants$1.57M96%
Program service revenue$00%
Investment income$60K4%
Other revenue$0
expenses
Total expenses$903K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$750K
Largest expense lineProfessional Fees
balance sheet
Total assets$900K
Cash$54K
Investments$847K
Liabilities$0
Net assets$900K
Liquid reserves12.0 mo
2 years on record · 2020–2021 · YoY revenue +7488.6%
leadership · form 990 part vii · fy2021

Who runs it

board members · 3
  • EDWIN CASEY — CHAIRMAN
  • J GANESH BHAT — VICE CHAIRMAN
  • RAVISHANKAR BHOOPLAPUR — SECRETARY
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Full-Ride Support for Education and Research
    methodology: full_ride_support
    By fully funding medical education and research opportunities, we enable access and innovation because removing financial barriers allows high-achieving students and scholars to pursue advanced training and discovery without personal cost.