Ases Foundation

SCHAUMBURG, IL EIN: 36-3313192 Website

THE MISSION OF THE ORGANIZATION IS TO FOSTER SCIENTIFIC ADVANCES AND ENHANCE THE STUDY OF SHOULDER AND ELBOW SURGERY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$8.7M

+41.6% YoY

Annual Giving

$258K

+181.3% YoY

Grant Count

13

+44.4% YoY

Avg Grant Size

$20K

+94.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$8,732,414$6,166,369$5,579,098
Revenue$4,101,031$1,731,452$1,911,127
Expenses$2,372,340$1,522,917$1,608,264
Qualifying Distributions
Net Investment Income$271,333$171,255$107,148
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$153K$305K$458K$610K20 grants202015 grants202116 grants20229 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY ORTHOPAEDIC S…$53KMUSCULOSKELETAL-ORTHOPED…$36KNTH DIMENSIONS$32KBAPTIST HEALTHCARE SYSTEMS$30KBOSTON SPORTS AND SHOULD…$29KREGENTS OF THE UNIVERSIT…$28KCLEVELAND CLINIC FOUNDAT…$14KUNIVERSITY OF UTAH$11KPALM BEACH RESEARCH AND …$8KBOCA RATON REGIONAL HOSP…$8K

Grant Size Distribution

73 grants across all recorded years

70<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Ases Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS W THROCKMORTON MDTRUSTEE1
JULIE BISHOP MDSECRETARY/TREASURER1
JOSEPH A ABBOUD MDCHAIR1
FRANCES CUOMO MDTRUSTEE1
JOSEPH ZUCKERMAN MDTRUSTEE1
IAN R BRYAM MDTRUSTEE1
PETER B MACDONALD MDPAST PRESIDENT1
PAUL M SETHI MDTRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

21states
+13 more states

Cities

AuroraBaltimoreBoca RatonBostonBronxBurlingtonChattanoogaCheektowagaChicagoCincinnatiClevelandColumbusDallasDetroitEdgewoodEncinoGainesvilleHoustonIndependenceLexington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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