Public Charity

ASES FOUNDATION

ASES FOUNDATION is a Public Charity headquartered in SCHAUMBURG, IL. Financial data from the 2025 filing: $3.7M revenue, $2.2M expenses, $11.4M total assets. 18 publicly reported grants to this organization, totaling roughly $3.4M, appear in IRS filings.

EIN: 363313192 SCHAUMBURG, IL Latest filing: 2025
Total Revenue$3.7M
Total Expenses$2.2M
Total Assets$11.4M
Grant Records18
Funding Total$3.4M
Filing Years2021–2025

Mission

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

Where $100 goes at Ases Foundation

How Ases Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
Foster research relative to shoulder and elbow surgery by providing grants to presenters of scientific papers relating to the techniques and developments in shoulder and elbow surgery, additionally…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Frances Cuomo Md
PAST PRESIDENT John Kuhn Md Ms
TRUSTEE Jonas Rudzki Md
CHAIR Joseph A Abboud Md
SECRETARY/TREASURER Julie Bishop Md
TRUSTEE Mark Frankle Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,332,054 13 grants
Research & Policy
$1,050,524 1 grant
Education
$25,500 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.7M $2.2M $11.4M
2024 $4.1M $2.4M $8.7M
2023 $1.7M $1.5M $6.2M
2022 $1.9M $1.6M $5.6M
2021 $1.2M $569K $5.9M

Between 2021 and 2025, reported annual revenue grew from $1.2M to $3.7M (+201%), with total assets most recently reported at $11.4M.

Interactive year-over-year charts and full filing details available with membership.

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