FOCUSED ULTRASOUND FOUNDATION

SAVING TIME = SAVING LIVES

Charlottesville, VA   |  www.fusfoundation.org

Mission

The mission of the Focused Ultrasound Foundation is to improve quality of life for millions of people living with serious medical disorders by accelerating the development and adoption of focused ultrasound—an early-stage, non-invasive therapeutic technology that has the potential to revolutionize treatment, improve outcomes and reduce costs by serving as an alternative or complement to surgery, radiation therapy, drug delivery, and immunotherapy.

Ruling year info

2007

Principal Officer

Dr. Neal F. Kassell

Main address

1230 Cedars Court Suite 206

Charlottesville, VA 22903 USA

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Formerly known as

Focused Ultrasound Surgery Foundation

EIN

20-5744808

NTEE code info

Cancer Research (H30)

Biological, Life Science Research includes Marine Biology, Physiology, Biochemistry, Genetics, Biotechnology, etc.) (U50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

There are currently more than 125 clinical indications or disorders in various stages of development and the number is increasing rapidly. Most are early stage. Worldwide 31 indications have regulatory approval; in the US, six have been approved by the FDA. Focused ultrasound is not for every patient or every disorder. Much work remains to be done to determine where this technology provides unique cost-effective value. It can take decades for a new therapeutic technology like focused ultrasound to become a mainstream standard of care. Every year that is subtracted from that process could reduce death, disability, and suffering for countless people. The Foundation is a unique medical research, education, and advocacy organization created as the catalyst to accelerate the development and adoption of focused ultrasound and thereby reduce death, disability, and suffering for countless patients.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Research

Fund early stage research

Population(s) Served
People with diseases and illnesses

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of unique website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, People with diseases and illnesses

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Raising awareness is a core function of the website. Our website is the primary source for information about the technology.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Focused Ultrasound Foundation aims to improve the lives of millions of people around the world with serious medical disorders by accelerating the development and adoption of focused ultrasound--an early-stage, noninvasive therapeutic technology with the potential to transform the treatment of many medical disorders by serving as an alternative to surgery and radiation.

To begin, we analyzed the steps in the process and the organizations involved in the evolution of focused ultrasound from concept to widespread adoption as a standard of care, identifying the bottlenecks or impediments to progress. Then we developed a portfolio of programs designed to overcome the impediments, shortening the time from laboratory research to patient treatment.

The Foundation's activities include:
• Research Programs:
- Brain (Alzheimer's, Parkinson's, Dystonia, Tumors, Epilepsy, Depression, Blood Brain Barrier, and Technology Development)
- Pediatric indications (Osteoid Osteoma, Soft Tissue Tumors)
- Musculoskeletal (Back pain, Knee Osteoma)
- Oncology (Breast Cancer, Immunotherapy, Liver & Pancreatic)
• Scholars program
• Centers of Excellence
• Bi-annual Symposium

To advance our agenda, we positioned the Foundation at the nexus of the biomedical innovation ecosystem, using as our currency our passion and enthusiasm for the potential of this technology, information, and financing.

We've created an incredible force to drive the field forward by amalgamating individuals, including our donors, our Board of Directors, our counsel and the team of 20+ individuals who work for the foundation, who share extensive experience and expertise in finance, medicine, engineering, business, technology and philanthropy.

The Foundation has contributed materially to the rapidly growing body of knowledge about focused ultrasound through our research programs. This has resulted in the development of a variety of new treatments for life-threatening or disabling disorders that are in various stages of research and development. Our efforts have resulted in a host of new collaborations and partnerships between research laboratories in academia, manufacturers, FDA, etc.

While our efforts have resulted in identification of a number of new mechanisms by which focused ultrasound effects tissue , enabling the development of a rapidly growing number of treatments for a variety of indications, commercial success which would lead to widespread utilization of the technology has thus far remained elusive. However, progress in biomedical research and technology development occurs nonlinearly and it is our assessment that we are at the inflection point of the curve and the next several years will see the technology taking off.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Focus groups or interviews (by phone or in person), Constituent (client or resident, etc.) advisory committees,

  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve,

  • With whom is the organization sharing feedback?

    Our staff, Our board, Our funders, Our community partners,

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback,

Financials

FOCUSED ULTRASOUND FOUNDATION
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

FOCUSED ULTRASOUND FOUNDATION

Board of directors
as of 11/19/2020
SOURCE: Self-reported by organization
Board chair

Dr. Neal Kassell

Focused Ultrasound Foundation, Chairman

Eugene Fife

Vawter Capital LLC, Founding Principal / Goldman Sachs International, Former Chairman

John Grisham

Author

Daniel Jordan

Thomas Jefferson Foundation, President Emeritus

Frederic Moll, MD

Chief Development Officer of the Johnson & Johnson Medical Devices Companies / Intuitive Surgical Inc, Co-founder / Auris Surgical Robots, Inc., Chair

Steve Rusckowski

Quest Diagnostics Inc, Chairman, President and CEO / Philips Healthcare, Former CEO

William Hawkins III

EW Healthcare Partners, Senior Advisor / Medtronic, Retired Chairman & CEO

Edward Miller, MD

Johns Hopkins Medicine, Former CEO

Charles Moorman, IV

Norfolk Southern, Former Chairman and CEO / Amtrak, Former CEO

Carl Zeithaml, PhD

McIntire School of Commerce, University of Virginia, Dean / F.S. Cornell Professor of Free Enterprise

Syaru Lin PhD

Chinese University of Hong Kong, Adjunct Faculty / Goldman Sachs Asia Bank, Director

Scott PhD

Dean of the Univ. of Virginia Darden School of Business

Mike Lincoln

Global Business Department Chair at Cooley LLP

Michael Milken

Chairman of the Milken Institute

Gary Shapiro

President and CEO of the Consumer Technology Association

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 07/17/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data