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research dossier

GEORGE L LAVERTY FOUNDATION
BUFFALO, NY · EIN 232102516 · Form 990PF · FY2024 · Micro (<$100K)
revenue
$89K
expenses
$17K
net assets
$893K
employees
—
profile · synthesized from sources

The George L Laverty Foundation is a private foundation based in New York that funds medical research initiatives. It supports projects in genomics, metabolomics, and healthcare quality improvement, primarily through grants to Penn State Milton Hershey and WellSpan Health. The foundation has consistently funded scientific research over multiple years, with grant amounts ranging from $5,000 to $50,000.

named programs · 1 · from sources

What they call their work

Medical Research Grant Program
Provides funding for scientific research in genomics, metabolomics, and biomarkers through grants to academic and healthcare institutions
activities · 4 groups

What they do

  • Cancer Research Funding 2 activities
    • Funding general medical research
      Funds general medical research initiatives through grants to Penn State Milton Hershey College of Medicine.
    • Funding research to improve quality of life for breast cancer patients
      Funds research aimed at improving quality of life for breast cancer patients through grants to WellSpan Health.
  • Mental Health Research and Services Funding 2 activities
    • Funding research on early interventions
      Funds research to study the impact of early interventions through grants to WellSpan Health.
    • Funding research on organized interventions
      Funds research on the impact of organized interventions through grants to WellSpan Health.
  • Genetic and Neurological Disease Research Funding 1 activity
    • Funding genomic characterization research
      Funds genomic characterization research through grants to Penn State Milton Hershey College of Medicine.
  • Uncategorized 2 activities
    • Funding blockchain technology research for quality of life
      Funds research on blockchain technology applications to improve quality of life through grants to WellSpan Health.
    • Funding research on metabolomics biomarkers
      Funds research on metabolomics biomarkers through grants to Penn State Milton Hershey College of Medicine.
financials · form 990PF · fy2024
revenue
Total revenue$89K
Contributions & grants——
Program service revenue——
Investment income$26K30%
Other revenue$63K
expenses
Total expenses$17K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$15K
Grants paid out$46K
balance sheet
Total assets$893K
Cash—
Investments—
Liabilities—
Net assets$893K
5 years on record · 2020–2024 · YoY revenue +84.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
MT TRUST CO TRUSTEE 2 $15K
relationships · 2

Who they work with

  • PENN STATE MILTON HERSHEY Partner — Receives grant funding for medical and genomic research.
  • WELLSPAN HEALTH Partner — Receives grant funding for health interventions and quality-of-life research.