Institute for Basic and
SEE SCHEDULE O.PROVIDE FUNDING SUPPORT TO "PROMISING YOUNG SURGICAL INVESTIGATORS" WITHIN THE DEPARTMENT OF SURGERY AT THE UNIVERSITY OF MINNESOTA; REGIONS HOSPITAL, ST. PAUL, MN;THE VA MEDICAL CENTER, MINNEAPOLIS, MN; AND OTHER OUTSTANDING ACADEMIC SURGICAL TRAINING PROGRAMS THROUGHOUT NORTH AMERICA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+6.2% YoY
Revenue
$100K
+67.0% YoY
Net Investment Income
$58K
+49.7% YoY
Expenses
$81K
-19.9% YoY
About Institute for Basic and
Based on IRS filings
Institute for Basic and is a nonprofit organization focused on Diseases, Disorders & Medical Disciplines, based in VADNAIS HEIGHTS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. Net investment income was $58K.
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 | $1,908,211 | $1,797,572 | $1,800,136 |
| Revenue | $100,418 | $60,120 | $69,681 |
| Expenses | $81,325 | $101,529 | $372,931 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $57,631 | $38,498 | $42,811 |
| 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 0 recipients in 2024
Grant Size Distribution
2 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 |
|---|---|---|---|
| SARAH E KOSTIAL | EXECUTIVE DIRECTOR | 40 | $67,105 |
| ALEXANDER J FARRELL | CHAIR | 5 | — |
| WARREN SCHUBERT | DIRECTOR | 1 | — |
| JO BARTA | DIRECTOR | 1 | — |
| DANIEL A SALTZMAN MD PHD | DIRECTOR | 1 | — |
| PAUL WOJDA | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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