The Foundation for Anesthesia Education and Research (FAER) is a 501(c)(3) charitable organization and related foundation of the American Society of Anesthesiologists. Based in Schaumburg, Illinois, FAER has been dedicated for over 35 years to developing the next generation of physician-investigators in anesthesiology through research funding, educational programs, and mentorship opportunities.
Financial Overview
From 2024 IRS Form 990-PF · 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
Mission & Focus Areas
FAER's mission is to advance medicine through anesthesia research and education. The organization is committed to ensuring physician anesthesiologists lead medicine into the future through scientific discovery and the creation of new knowledge.
Primary funding priorities include:
- Research — Basic science, clinical, and translational research
- Education — Medical education research and training
- Training — Development of physician-scientists and academic leaders in anesthesiology
Grantmaking
FAER has awarded over $50 million in research grants and programs since its founding in 1986.
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Geographic Focus
Where this funder awards grants
FAER funds anesthesiologists and trainees across the United States, with no geographic restrictions specified in available materials.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Revenues: $3,844,442
- Total Expenses: $3,707,688
- Total Assets: $32,787,896
2023 Financial Data:
- Total Revenues: $4.15M
- Total Expenses: $5.77M
- Total Assets: $31.1M
- Total Liabilities: $3.17M
Rating: FAER holds a Four-Star rating with a 96% overall score, reflecting strong accountability and financial management.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $866,909 | $695,947 | $687,250 |
| 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
118 grants across all recorded years
Open Grants
12 open opportunities from Foundation for Anesthesia Education
2026 FAER NAM Fellowship
FOUNDATION FOR ANESTHESIA EDUCATION
Amount
Varies
Deadline
April 30, 2026
ABA-FAER Research in Education Grant
FOUNDATION FOR ANESTHESIA EDUCATION
Amount
US $100,000
Deadline
Rolling / Open
Academy of Research Mentors in Anesthesiology (ARMA)
FOUNDATION FOR ANESTHESIA EDUCATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Max B. Kelz — President & Chief Science Officer
- Lise Jinno — Executive Director
- Dolores Njoku — Board Member
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MAX B KELZ | PRESIDENT | 5 | — |
| DOLORES B NJOKU | BOARD CHAIR | 2 | — |
| CRYSTAL WRIGHT | TREASURER | 2 | — |
| RODERIC G ECKENHOFF | DIRECTOR | 1 | — |
| CHARLES W EMALA SR | DIRECTOR | 1 | — |
| MEGHAN LANE-FALL MD MSHP FCCM | DIRECTOR | 1 | — |
| MICHAEL GROPPER | DIRECTOR | 1 | — |
| HUGH HEMMINGS | DIRECTOR | 1 | — |
| CYNTHIA LIEN | DIRECTOR | 1 | — |
| ROGER JOHNS | DIRECTOR | 1 | — |
| MAY C M PIAN-SMITH MD MS | DIRECTOR | 1 | — |
| GUNISHA KAUR | DIRECTOR | 1 | — |
| ZHIYI ZUO | DIRECTOR | 1 | — |
| VESNA JEVTOVIC-TODOROVIC | DIRECTOR | 1 | — |
| REBECCA A ASLAKSON | DIRECTOR | 1 | — |
| CHAD M BRUMMETT | DIRECTOR | 1 | — |
| SACHIN KHETERPAL | DIRECTOR | 1 | — |
| HELENE BENVENISTE | DIRECTOR | 1 | — |
| JUDITH HELLMAN | DIRECTOR | 1 | — |
| DAVID MARTIN | ADJUNCT MEMBER | 1 | — |
| MARY LISE JINNO | EXECUTIVE DIRECTOR | 50 | — |
| MARK MANKA | CFO | 1 | — |
| LISA STEININGER | CFO (THRU MARCH 2024) | 1 | — |
| BRIAN REILLY | CEO | 1 | — |
| TREVOR PETERSON | DEVELOPMENT OFFICER | 40 | — |
Recent News & Activity
Recent developments and announcements
FAER announced grant recipients for both Spring 2025 and Fall 2025 funding cycles. The organization continues to expand its co-sponsored grant programs, including the 2025 FAER-ABA Research in Education Grant in partnership with the American Board of Anesthesiology. Recent award recipients include notable anesthesiologists receiving $300,000 mentored research grants.
Congratulations to FAER's Fall 2025 Grant Recipients!Contact Information
Address: 1061 American Lane, Schaumburg, IL 60173-4973
Phone: (630) 912-2554
Website: faer.org
Tax ID (EIN): 52-1494164
IRS Ruling Year: 1988
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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