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
Among its reported 2024 grants, the largest include Acoustiic Inc ($500,000), University of California San Francisco ($321,917), University of Michigan ($253,832).
| Recipient | Purpose | Amount |
|---|---|---|
| ACOUSTIIC INC BELLEVUE, WA | RESEARCH | $500,000 |
| AMERICAN SOCIETY OF GENE AND CELL THERAPY WAUKESHA, WI | RESEARCH | $100,000 |
| ARIZONA STATE UNIVERSITY TEMPE, AZ | RESEARCH | $12,000 |
| AUBURN UNIVERSITY AUBURN UNIVERSITY, AL | RESEARCH | $40,000 |
| BOSTON UNIVERSITY BOSTON, MA | RESEARCH | $40,000 |
| BRIGHAM & WOMEN'S HOSPITAL BOSTON, MA | RESEARCH | $129,000 |
| CARNEGIE MELLON UNIVERSITY PITTSBURGH, PA | RESEARCH | $40,000 |
| CHILDREN'S RESEARCH WASHINGTON, DC | RESEARCH | $77,920 |
| CHILDREN'S TUMOR FOUNDATION NEW YORK, NY | RESEARCH | $23,946 |
| COLUMBIA UNIVERSITY NEW YORK, NY | RESEARCH | $224,231 |
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
Frequently Asked Questions
What is Focused Ultrasound Foundation?
Focused Ultrasound Foundation is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in CHARLOTTESVILLE, VA. It holds $39.1M in total assets as of 2024.
How large is Focused Ultrasound Foundation?
As of 2024, Focused Ultrasound Foundation holds $39.1M in total assets with $16.6M in annual revenue. It awarded 31 grants totaling $2.6M in 2024.
Where does Focused Ultrasound Foundation operate?
Focused Ultrasound Foundation has awarded grants in Alabama, Arizona, California, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, Michigan, Missouri, Mississippi, North Carolina, New York, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.
What size grants does Focused Ultrasound Foundation award?
In 2024, Focused Ultrasound Foundation awarded 31 grants totaling $2.6M — an average of about $84K per grant, based on its IRS Form 990 filings.
What is Focused Ultrasound Foundation's EIN?
Focused Ultrasound Foundation's EIN (Employer Identification Number) is 20-5744808. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Focused Ultrasound Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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