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DR EDWARD B SHILS ENTREPRENEURIAL FUND INC

SYOSSET, NY · EIN 452496259 · Form 990EZ · FY2025 · NTEE W12 · Public & Societal Benefit · Small ($100K-$1M) · shilsfund.org
revenue
$114K
expenses
$150K
net assets
$370K
employees
program ratio
32%
mission · from form 990

RECOGNIZE, DEVELOP AND CONNECT HEALTH CARE LEADERSHIP TO INNOVATIVE,ENTREPRENEURIAL APPROACHES ADVANCING ORAL HEALTH AND ITS LINK TO OVERALL HEALTH

profile · synthesized from sources

Dr. Edward B. Shils Entrepreneurial Fund supports innovation in oral healthcare by recognizing and funding entrepreneurial leaders and projects. The organization advances its mission through the Shils Partnership Awards Program, which provides grants and mentorship to individuals and teams developing novel solutions that connect oral health with overall health. The fund focuses on fostering leadership, diversity, and transformative ideas within the dental and broader healthcare communities.

named programs · 5 · from sources

What they call their work

Diversity “Innovation” Award
Supports individuals or organizations developing innovative programs to advance diversity, equity, and inclusion in the healthcare industry; co-sponsored by Septodont and DMG America
Emerging Transformational Leadership Award
Honors oral health advocates who have made exceptional contributions to benefit public health; co-sponsored by Henry Schein
Future “Developers” Award
Supports early-stage innovative product or business ideas in oral healthcare; co-sponsored by Bien Air Dental
Shils Partnership Awards Program
Annual awards program that funds and supports innovative projects in oral healthcare through cash grants and mentorship; includes multiple award categories targeting different innovator groups
Young “Entrepreneur” Award
Recognizes individuals aged 18-40 with entrepreneurial projects that positively impact the oral healthcare industry; co-sponsored by Bank of America
activities · 3 groups

What they do

  • Healthcare Education Scholarships and Fellowships 2 activities
    • Administering recognition and award programs in oral health
      Confers awards and hosts an annual celebration to recognize individuals, organizations, and programs that have made significant contributions to oral health and public health, including the Shils-Meskin Award, Cohen-Volpe Award, Special Recognition Award, and Shils Partnership Awards Program which includes $5,000 grants per category.
    • Providing financial support to first-generation dental students
      Offers funding to reduce loan burden and support the graduation of first-generation dental students, increasing access to the dental profession for underrepresented groups.
  • Industry-Specific Student Scholarships and Competitions 1 activity
    • Funding dental student innovation and entrepreneurship
      Supports dental student innovation through competitions, career development programs, and mentorship opportunities, including regional pitch events and a national final competition that awards a sponsorship package valued at over $50,000.
  • Uncategorized 1 activity
    • Funding innovative oral health initiatives
      Provides grants to support innovative oral health ideas from students, academic institutions, community-based organizations, young clinicians, and diversity organizations, with a focus on entrepreneurial leadership and advancing public oral health.
financials · form 990EZ · fy2025
revenue
Total revenue$114K
Contributions & grants$66K58%
Program service revenue
Investment income$11K9%
Other revenue
expenses
Total expenses$150K
Program expenses32%
Admin / overhead68%
Fundraising0%
Salaries & benefits
Grants paid out$37K
Largest expense lineProfessional Fees
balance sheet
Total assets$370K
Cash$364K
Investments$0
Liabilities$10K
Net assets$370K
Liquid reserves29.1 mo
6 years on record · 2020–2025 · YoY revenue +12.5%
leadership · form 990 part vii · fy2025

Who runs it

board members · 11
  • ABE KASBO — DIRECTOR
  • ARTHUR MATEEN — DIRECTOR
  • COLAN ROGERS — DIRECTOR
  • DR ALLEN FINKELSTEIN — DIRECTOR
  • DR LESLIE E GRANT — DIRECTOR
  • FRANK FARBER — DIRECTOR
  • GEORGE WOLFE — DIRECTOR
  • JAMIE PIROWSKIN — DIRECTOR
  • PAUL MONDOCK — DIRECTOR
  • PHILLIP TOH — DIRECTOR
  • REENA GAJJAR — DIRECTOR
relationships · 29

Who they work with

  • Alliance for Oral Health Across Borders Partner — Sponsors the AOHAB "Think Tank and Open Forum" initiative and has two directors serving on its Advisory Board Committee.
  • Alpha Omega-Henry Schein Cares Holocaust Survivors Oral Health Program Partner — Founding program donor of the Holocaust Survivors Oral Health Program, which increases access to oral care for Holocaust survivors.
  • Bank of America Partner — Co-sponsors the Young Entrepreneur Award.
  • Bien Air Dental Partner — Co-sponsors the Future Developers Award.
  • California Dental Association Meeting Partner — Hosted a regional pitch event at this dental industry meeting.
  • Chicago Dental Society Midwinter Meeting Partner — Hosted a regional pitch event at this dental industry meeting.
  • DICE Partner — Co-sponsors the Future Developers Award (2022).
  • DMG America Partner — Co-sponsors the Diversity Innovation Award.
  • Dental Dealers of America Government — Dr. Edward B. Shils served as Executive Director; the Shils Fund was established by his colleagues in the dental industry.
  • Dental Dealers of America Partner — Dr. Edward B. Shils served as Executive Director of the Dental Dealers of America for nearly 50 years.
  • Dental Manufacturers of America Government — Dr. Edward B. Shils served as Executive Director; the Shils Fund was established by his colleagues in the dental industry.
  • Dental Manufacturers of America Partner — Dr. Edward B. Shils served as Executive Director of the Dental Manufacturers of America for nearly 50 years.
  • Dental Trade Association Partner — Co-sponsors the DTA/Shils Scholarship program for dental students.
  • Dr. Anthony Volpe Partner — Coeponym of the Cohen-Volpe Award, recognizing innovative strides in healthcare.
  • Dr. D. Walter Cohen Partner — Coeponym of the Cohen-Volpe Award, recognizing innovative strides in healthcare.
  • Dr. Larry Meskin Partner — Coeponym of the Shils-Meskin Award, recognizing outstanding contributions to dentistry.
  • Greater New York Dental Meeting Partner — Hosted a regional pitch event at this dental industry meeting.
  • Henry Schein Partner — Co-sponsors the Emerging Transformational Leadership Award.
  • Henry Schein Partner — Collaborates through leadership involvement in the dental student competition, with its CEO chairing the judging panel.
  • Henry Schein, Inc. Partner — C/O Henry Schein, Inc. for administrative purposes, including handling correspondence and privacy inquiries
  • Henry Schein, Inc. Partner — Donor at the Visionary Circle level ($100,000 or more).
  • Henry Schein, Inc. Partner — Stanley M. Bergman, Chairman and CEO of Henry Schein, Inc., provided a testimonial in support of the Shils Fund and its mission.
  • I-LEAD Partner — Founding supporter of I-LEAD Charter School, a community-based nonprofit start-up school in Reading, PA serving disengaged youth.
  • Oral Health America Partner — Donor at the Patron Circle level ($1,000 or more).
  • Resources for Human Development Partner — Donor at the Patron Circle level ($1,000 or more).
  • Septodont Partner — Co-sponsors the Diversity Innovation Award.
  • University of Pennsylvania Partner — Donor at the Leadership Circle level ($10,000 or more).
  • University of Pennsylvania Partner — Dr. Edward B. Shils earned six degrees, including three doctorates, from the University of Pennsylvania and served as a professor at its Wharton School.
  • Wharton School of the University of Pennsylvania Partner — Dr. Edward B. Shils served as a professor and Chair of the Management Department at the Wharton School, where he founded the Wharton Entrepreneurial Center.
strategies · 3

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.

  • Entrepreneurial Ecosystem Building for Oral Health Innovation
    methodology: entrepreneurial-ecosystem-building
    By building interconnected systems that link emerging healthcare entrepreneurs with industry leaders, mentorship, and competition platforms, we accelerate innovation in oral health because collaboration and structured development opportunities increase the viability and impact of new ideas.
  • Equity-Centered Support for Scalable Social Entrepreneurship
    methodology: support for scalable social entrepreneurship
    By funding and scaling entrepreneurial projects that prioritize health equity, diversity, and service to underserved populations, we produce more inclusive and sustainable oral health solutions because targeted support enables underrepresented innovators to address systemic gaps.
  • Integration of Oral Health into Broader Health Innovation Frameworks
    methodology: oral-health-integration
    By supporting projects that integrate oral health with overall health, we advance comprehensive care models because treating oral health as part of systemic health increases innovation reach and clinical effectiveness.