Foundation for Anesthesia Education and Research logo

Foundation for Anesthesia Education and Research

Public charity · Grantmaker Schaumburg, IL EIN: 52-1494164 Website

The Foundation for Anesthesia Education and Research (FAER) is a public charity based in Schaumburg, Illinois. Formed in 1986, it is dedicated to developing the next generation of physician-investigators and supports research training and education in anesthesiology.

Key facts about Foundation for Anesthesia Education and Research

In short: Foundation for Anesthesia Education and Research gave $2.1M across 11 grants in 2024 (avg $195K), top state California. Source: 2024 IRS Form 990.

EIN
52-1494164
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$2,150,000
Grants made (2024)
11
Average grant
$195,455
Median grant
$250,000
Total assets
$32,787,896
Primary geography
California (23% of itemized 2024 grant dollars)
Deadline
April 30, 2026, for the 2026 FAER NAM Fellowship.

Data from IRS Form 990, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$32.8M

+5.4% YoY

Annual Giving

$2.1M

-46.6% YoY

Grant Count

11

-64.5% YoY

Avg Grant Size

$195K

+50.5% YoY

How Foundation for Anesthesia Education and Research gives

  • Giving fell 27% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

FAER’s stated mission is “dedicated to developing the next generation of physician-investigators.” Its Mentored Research Training Grant program supports health services, clinical or translational, and basic science research training. Its Research in Education Grant program supports innovative approaches to anesthesia education. FAER also offers medical student research fellowships.

The 2024 grantees included universities, medical centers, and a veterans research institute. The University of Pennsylvania describes its mission as combining education, research, and patient care; Johns Hopkins University describes its mission as education, independent research, and sharing the benefits of discovery. Beth Israel Deaconess Medical Center’s stated mission includes supporting medical research and instruction and improving public health. Richmond Institute for Veterans Research describes its mission as medical research, education, and patient care.

Grantmaking

In 2024, FAER reported 11 grants totaling $2,150,000. Grant amounts ranged from $75,000 to $300,000, with a median of $250,000. The largest award was $300,000 to the Trustees of the University of Pennsylvania for a Mentored Research Training Grant. Other $250,000 awards supported mentored research training at Weill Medical College of Cornell Medicine, Johns Hopkins University, Beth Israel Deaconess Medical Center, and Washington University in St. Louis; the University of California Los Angeles received a $250,000 MRTG scholarship.

Review Cycle

April 30, 2026, for the 2026 FAER NAM Fellowship.

Open Grants

11 open opportunities from Foundation for Anesthesia Education and Research

Show all 11 →
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Geographic Focus

Where this funder awards grants

The reported 2024 grants went to recipients in multiple states. California received 23% of grant dollars, Pennsylvania 17%, Massachusetts 16%, New York 12%, and Maryland 12%. The 2026 FAER NAM Fellowship description identifies domestic and global health care systems as its scope.

Grant Distribution by State

21states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

PhiladelphiaLos AngelesNew YorkBostonAnn ArborCharlotteChicagoBaltimoreSt. LouisCharlottesvilleStanfordBirminghamDallasMinneapolisBurlingtonDenverMadisonPittsburghPortlandSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M22 grants2020 25 grants2021 29 grants2022 31 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $2.1M (2024) to $4.0M (2023). In 2024 it made 11 grants totaling $2.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Trustees of the University of Pennsylvania: $375K across 2 grantsTrustees of the University ofPennsylvania$375K · 2 grantsBeth Israel Deaconess Medical Center: $350K across 2 grantsBeth Israel Deaconess MedicalCenter$350K · 2 grantsWeill Medical College of Cornell Medicine: $250KWeill Medical College ofCornell Medicine$250KJohns Hopkins University: $250KJohns Hopkins University$250KUniversity of California San Francisco: $250KUniversity of California SanFrancisco$250KUniversity of California Los Angeles: $250KUniversity of California LosAngeles$250KWashington University in St Louis: $250KWashington University in StLouis$250KRichmond Institute for Veterans Research: $100KRichmond Institute forVeterans Research$100KThe University of Alabama: $75KThe University of Alabama$75K

The largest 2024 recipient was Trustees of the University of Pennsylvania ($375K across 2 grants). Together the top 9 received $2.1M.

Grant Size Distribution

118 grants across all recorded years

7<$50K21$50–100K82$100–250K7$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 82 grants of 118 (69%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Trustees of the University of Pennsylvania Philadelphia, PAMentored Research Training Grant$300,000
Weill Medical College of Cornell Medicine New York, NYMentored Research Training Grant$250,000
Johns Hopkins University Baltimore, MDMentored Research Training Grant$250,000
Beth Israel Deaconess Medical Center Boston, MAMentored Research Training Grant$250,000
University of California San Francisco Los Angeles, CAMentored Research Training Grant$250,000
University of California Los Angeles Los Angeles, CAMRTG Scholarship$250,000
Washington University in St Louis St. Louis, MOMentored Research Training Grant$250,000
Beth Israel Deaconess Medical Center Boston, MAResearch in Education Grant$100,000
Richmond Institute for Veterans Research Richmond, VAResearch in Education Grant$100,000
The University of Alabama Birmingham, ALResearch Fellowship Grant$75,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $32,787,896 $3,844,442 $3,707,688 $2,150,000 (11)
2023 $31,101,797 $4,154,003 $5,772,494 $4,025,000 (31)
2022 $29,148,999 $3,760,818 $4,623,149 $3,050,000 (29)
Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$32,787,896$31,101,797$29,148,999
Revenue$3,844,442$4,154,003$3,760,818
Expenses$3,707,688$5,772,494$4,623,149
Net Investment Income$866,909$695,947$687,250

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS October 22, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS September 21, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 1, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 21, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Max B. Kelz as president; Dolores B. Njoku as board chair; Crystal Wright as treasurer; and Roderic G. Eckenhoff, Charles W. Emala Sr., Meghan Lane-Fall, Michael Gropper, Hugh Hemmings, Cynthia Lien, and Roger Johns as directors.

Foundation for Anesthesia Education and Research is led by Brian Reilly, CEO on the 2024 filing; none of the 25 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brian Reilly

    CEO

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Mary Lise Jinno

    Executive Director

    New on the 2024 filing

    50 hrs/week

    No compensation reported

  • Max B. Kelz

    President

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Dolores B. Njoku

    Board Chair

    Vice Chair → Chair Elect, 2021

    Chair Elect → Board Chair, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Chad M. Brummett

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles W. Emala Sr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rebecca A. Aslakson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roderic G. Eckenhoff

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roger A. Johns

    Director

    Chair Elect → Board Chair, 2021

    Board Chair → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cynthia Lien

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Hugh Hemmings

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michael Gropper

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Vesna Jevtovic-Todorovic

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Gunisha Kaur

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Zhiyi Zuo

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Helene Benveniste

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Judith Hellman

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • May C. M. Pian-Smith Md Ms

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Meghan Lane-Fall Md Mshp Fccm

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sachin Kheterpal

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Trevor Peterson

    Development Officer

    On filings since 2022

    40 hrs/week

    $114K (2022) → $0 (2024)

  • David Martin

    Adjunct Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lisa Steininger

    CFO

    Chief Financial Officer → CFO, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Crystal Wright

    Treasurer

    Secretary & Treasurer → Treasurer, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Mark Manka

    CFO

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (18)
  • Former: Donald E. Arnold (2020–2023) — Secretary & Treasurer
  • Former: Harriet W. Hopf (2020–2023) — Director
  • Former: James C. Eisenach (2020–2023) — President
  • Former: May C. Pian-Smith (2020–2023) — Director
  • Former: Steven Shafer (2020–2023) — Director
  • Former: Matthew J. Kremke (2021–2023) — CEO
  • Former: Joe Kiani (2022–2023) — Director
  • Former: Meghan Lane-Fall (2022–2023) — Director
  • Former: Andrew D. Rosenberg (2020–2022) — Adjunct Member
  • Former: Daniel I. Sessler (2020–2022) — Director
  • Former: Michael W. Champeau (2020–2022) — Secretary & Treasurer
  • Former: Linda J. Mason (2020–2021) — Former Director
  • Former: Zeev N. Kain (2020–2021) — Former Director
  • Former: Daniel J. Cole (2020) — Director
  • Former: Eckehard A. Stuth (2020) — Director
  • Former: James Grant (2020) — Director
  • Former: Nikki Zapol (2020) — Director
  • Former: Richard P. Dutton (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Matthew J Kremke — Chief Executive Officer: $230KMatthew J KremkeChief Executive Officer$230KTrevor Peterson — Development Officer: $114KTrevor PetersonDevelopment Officer$114K

The highest reported compensation on the 2022 filing was $230K, to Matthew J Kremke (Chief Executive Officer). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 1061 American Lane, Schaumburg, IL 60173-4973
Phone: (847) 825-5586
Website: https://faer.org

Frequently asked questions about Foundation for Anesthesia Education and Research

How much does Foundation for Anesthesia Education and Research give each year?

Foundation for Anesthesia Education and Research gave $2.1M across 11 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $4.0M across 31 grants.

What is Foundation for Anesthesia Education and Research's typical grant size?

Foundation for Anesthesia Education and Research's median grant in 2024 was $250,000, and its average grant was $195,455, across 11 grants on its 2024 IRS Form 990.

Where does Foundation for Anesthesia Education and Research give grants?

Foundation for Anesthesia Education and Research's top state is California, with 23% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Pennsylvania (17%) and Massachusetts (16%). The most frequent recipient cities were Los Angeles, CA (2 grants), Philadelphia, PA (2 grants) and Boston, MA (2 grants).

Does Foundation for Anesthesia Education and Research give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Foundation for Anesthesia Education and Research's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Mentored Research Training Grant" (6 grants).

Who are Foundation for Anesthesia Education and Research's largest grantees?

Foundation for Anesthesia Education and Research's largest 2024 grantees include Trustees of the University of Pennsylvania ($375,000 across 2 grants), Beth Israel Deaconess Medical Center ($350,000 across 2 grants) and Weill Medical College of Cornell Medicine ($250,000), according to its 2024 IRS Form 990. Together they received 45% of its itemized 2024 grant dollars.

How large is Foundation for Anesthesia Education and Research?

Foundation for Anesthesia Education and Research reported $32.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.8M.

What does Foundation for Anesthesia Education and Research fund?

FAER’s stated mission is “dedicated to developing the next generation of physician-investigators.” Its Mentored Research Training Grant program supports health services, clinical or translational, and basic science research training. See mission & focus areas ↑

How do I apply for a grant from Foundation for Anesthesia Education and Research?

Foundation for Anesthesia Education and Research has no public application process in the sources Grantable reviewed. Check faer.org for current guidelines, or contact the foundation directly before submitting a request.

What is Foundation for Anesthesia Education and Research's EIN?

Foundation for Anesthesia Education and Research's EIN (Employer Identification Number) is 52-1494164. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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