North American Fetal Therapy Network Inc logo

North American Fetal Therapy Network Inc

Public charity · Grantmaker Roseville, MN EIN: 56-2629825 Website

North American Fetal Therapy Network, inc. ("naftnet") has been organized to facilitate the research of therapy for fetuses. The members and affiliates of naftnet are hospitals and other organizations with fetal treatment in North America having active clinical programs centers in fetal therapy. The primary functions of naftnet are to provide a cooperative clinical research network to study the natural history of fetal disease; evaluate therapeutic prenatal interventions to improve outcomes and to make data on fetal therapies from the members and affiliates available to researchers approved by naftnet. In addition, naftnet will function as an educational resource for patients and for healthcare providers and train future leaders in basic science research in the field of fetal intervention.

Key facts about North American Fetal Therapy Network Inc

In short: North American Fetal Therapy Network Inc gave $60K across 2 grants in 2024 (avg $30K), mostly in Texas. Source: 2024 IRS Form 990.

EIN
56-2629825
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$60,000
Grants made (2024)
2
Average grant
$30,000
Median grant
$30,000
Total assets
$571,169
Primary geography
Texas (83% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$571K

-2.1% YoY

Annual Giving

$60K

+20.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$30K

-40.0% YoY

How North American Fetal Therapy Network Inc gives

  • Giving grew 20% from 2021 to 2024. Method

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

About North American Fetal Therapy Network Inc

Based on IRS filings

North American Fetal Therapy Network Inc is a public charity focused on Medical Research, based in Roseville, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $571K in total assets. In 2024, it awarded 2 grants totaling $60K. Net investment income was $15K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

BaltimoreCincinnatiHoustonMilwaukee

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 1 grant2021 Total only2022 1 grant2023 2 grants2024

From 2021 to 2024, annual grant giving ranged from $2K (2022) to $60K (2024). In 2024 it made 2 grants totaling $60K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

University of Texas McGovern Medical School at Houston: $50KUniversity of Texas McGovernMedical School at Houston$50KJohns Hopkins Center for Fetal Therapy: $10KJohns Hopkins Center for FetalTherapy$10K

The largest 2024 recipient was University of Texas McGovern Medical School at Houston ($50K). Together the top 2 received $60K.

Grant Size Distribution

4 grants across all recorded years

1<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Texas McGovern Medical School at Houston Houston, TXBill Polzin Research$50,000
Johns Hopkins Center for Fetal Therapy Baltimore, MDRaft Registry$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$571,169$583,172$511,470
Revenue$192,624$194,105$133,768
Expenses$201,074$157,076$56,653
Net Investment Income$15,413$10,083$3,768

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

North American Fetal Therapy Network Inc is led by Erin Perrone, Chair since 2024 (on filings since 2022); none of the 10 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Erin Perrone

    Chair

    Vice Chair → Chair, 2024

    On filings since 2022

    10 hrs/week

    No compensation reported

  • Anthony Johnson

    Treasurer

    Director → Secretary-Tr, 2021

    Secretary-Tr → Treasurer, 2022

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Michael Zaretsky

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    7 hrs/week

    No compensation reported

  • Ramesha Papanna

    Immediate Pa

    Director → Chair, 2022

    Chair → Immediate Pa, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Anita Moon-Grady

    Member

    Director → Member, 2024

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Russell Miller

    Member

    Director → Member, 2024

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Jena Miller

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Alireza Shamshirsaz

    Steering Cmi

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Barbara Warner

    Member

    New on the 2024 filing

    3 hrs/week

    No compensation reported

  • Monae Redmond

    Executive Di

    New on the 2024 filing

    15 hrs/week

    No compensation reported

Former officers (8)
  • Former: Kuojen Tsao MD (2020–2023) — Past Chair-N
  • Former: Ozan M. Bahtiyar MD (2020–2023) — Steering Com
  • Former: Julie Moldenhauer MD (2022–2023) — Director
  • Former: Amy J. Wagner MD (2020–2022) — Director
  • Former: Ahmet Baschat MD (2020–2021) — Director
  • Former: Greg Ryan Mb (2020–2021) — Director
  • Former: Stephen P. Emery MD (2020–2021) — Vice Chair
  • Former: William Goodnight MD (2020–2021) — 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.

Frequently asked questions about North American Fetal Therapy Network Inc

How much does North American Fetal Therapy Network Inc give each year?

North American Fetal Therapy Network Inc gave $60K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $50K across 1 grant.

How large is North American Fetal Therapy Network Inc?

North American Fetal Therapy Network Inc reported $571K in total assets on its 2024 IRS Form 990. Its revenue that year was $193K.

What is North American Fetal Therapy Network Inc?

North American Fetal Therapy Network Inc is a public charity focused on Medical Research, based in Roseville, MN. It holds $571K in total assets as of 2024.

Where does North American Fetal Therapy Network Inc operate?

North American Fetal Therapy Network Inc has awarded grants in Maryland, Ohio, Texas, Wisconsin.

What is North American Fetal Therapy Network Inc's EIN?

North American Fetal Therapy Network Inc's EIN (Employer Identification Number) is 56-2629825. IRS Form 990 filing data is available on this page for 2020–2024.

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

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