New England Surgical Society Scholars Foundation Inc.

The New England Surgical Society Scholars Foundation Inc., also known as the NESS Scholars Foundation, is a tax-exempt nonprofit organization established in 1985 and designated as a 501(c)(3) charity. It is dedicated to advancing surgical research and education, primarily within the New England region.

Mission and Objectives

The primary mission of the NESS Scholars Foundation is to support junior faculty and other researchers in their endeavors to contribute to the scientific knowledge of surgery. It focuses on enhancing innovative surgical research and fostering the development of academic surgical leaders.

Financial Overview

As of recent financial reports, the foundation's revenue is predominantly derived from contributions, accounting for approximately 85% of its total income. It also generates revenue through investment income and, to a lesser extent, from the sale of assets[1].

The foundation's total assets have been valued at around $242,898, with no reported liabilities[1].

Awards and Grants

The NESS Scholars Foundation offers several awards and grants to support its mission:

• NESS Scholars Foundation Research Grant: This grant supports innovative surgical research. Recipients are awarded $20,000 to fund their research projects over a two-year period. The grant is portable within New England institutions but not transferable outside the region[2][3].

• ACS/NESS Health Policy and Management Scholarship: In collaboration with the American College of Surgeons, this scholarship provides $8,000 to support non-resident surgeons in attending the Brandeis Executive Leadership Program in Health Policy and Management[3].

• Other Awards: The foundation also sponsors various awards for excellence in surgical research presentations, including the Podium Prize, Brief Report Award, New Member Award, Best Poster Award, and the John P. Welch Award[3].

Governance and Funding

The NESS Scholars Foundation is governed by a board that oversees the application and awarding processes for its grants and scholarships. It does not provide compensation to its ex officio members[1].

Donations to the foundation are tax-deductible, supporting its mission to advance surgical education and research[1].