Focused Ultrasound Foundation
ORGANIZE, CONDUCT, AND FUND RESEARCH, FOSTER COLLABORATION THROUGH MEETINGS, SYMPOSIA AND WORKSHOPS, CULTIVATE THE NEXT GENERATION THROUGH FELLOWSHIPS AND INTERNSHIPS, AND COLLECT AND DISSEMINATE KNOWLEDGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.1M
+0.6% YoY
Annual Giving
$2.6M
+49.2% YoY
Grant Count
31
+29.2% YoY
Avg Grant Size
$84K
+15.5% YoY
About Focused Ultrasound Foundation
Based on IRS filings
Focused Ultrasound Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39.1M in total assets. In 2024, it awarded 31 grants totaling $2.6M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $39,119,092 | $38,894,407 | $43,272,222 |
| Revenue | $16,634,446 | $8,462,972 | $11,598,945 |
| Expenses | $15,763,484 | $13,212,794 | $12,620,729 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,825,828 | $1,233,163 | $274,060 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
96 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEAL F KASSELL | PRESIDENT, CHAIRMAN | 40 | $552,353 |
| JOHN GRISHAM | VICE PRESIDENT | 2 | — |
| KURT WOERPEL III | CFO, SECRETARY | 20 | — |
| SHIRLEY LIN SYARU | DIRECTOR | 2 | — |
| WILLIAM A HAWKINS III | DIRECTOR | 2 | — |
| CHARLES WICKLIFFE MOORMAN | DIRECTOR | 2 | — |
| SCOTT BEARDSLEY | DIRECTOR | 2 | — |
| MICHAEL LINCOLN | DIRECTOR | 2 | — |
| GARY SHAPIRO | DIRECTOR | 2 | — |
| MICHAEL MILKEN | DIRECTOR | 2 | — |
| FREDA LEWIS-HALL | DIRECTOR | 2 | — |
| FREDERIC H MOLL | DIRECTOR | 2 | — |
| STEVE RUSCKOWSKI | DIRECTOR | 2 | — |
| RICK HAMILTON | CHIEF TECHNOLOGY OFFICER | 40 | $261,955 |
| TIMOTHY MEAKEM | CHIEF MEDICAL OFFICER | 40 | $304,052 |
| EMILY WHITE | DIRECTOR OF OPERATIONS | 40 | $310,264 |
| LAUREN HADLEY | ASSOC. DIRECTOR RESEARCH & EDUCATION | 40 | $241,537 |
| CHRETIEN MOONEN | MANAGING DIRECTOR RESEARCH & EDUCATION | 40 | $275,897 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Grants
5
Total Given
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Assets
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Total Given
$15K
Lawrence and Ira Straus Charitable Tr
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Assets
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Grants
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Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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