NonprofitsFoundation For Neurologic Diseases

Medical Research

Foundation For Neurologic Diseases

NEWBURYPORT, MA

Total revenue

$4.4M

Total expenses

$4.4M

Net assets

$49.0M

Grants received

$1.2M

29 grants

EIN

043015469

Tax year

2024

Mission

The Foundation is dedicated to finding the cause of and providing treatments for complex, chronic diseases that prematurely destroys Brain Function. Focus is on Alzheimers Multiple Sclerosis and Parkinsons disease.

Programs

2 programs

The Foundation supports research in the causes of and treatments for Multiple Sclerosis.

Expenses: $2.6MGrants: $475K

General support for research in neurological disease.

Expenses: $284K

Financials

FY 2024

Revenue

Contributions & grants$506K
Program service revenue$1.4M
Investment income$2.5M
Other revenue
Total revenue$4.4M

Expenses

Grants paid$567K
Salaries & benefits$579K
Fundraising$75K
Other expenses$3.3M
Total expenses$4.4M
Total assets$49.2M
Net assets$49.0M

People

8 listed

NameRoleCompensation

Dennis J Selkoe

President

Board

$253K

40 hrs/wk

Karen Hodge

Executive Director

Board

$182K

40 hrs/wk

Howard L Weiner

Treasurer

Board

$67K

10 hrs/wk

Jon G Auerbach

Director

Board

1 hrs/wk

Andrew Bounas

Director

Board

1 hrs/wk

Joanne S Chertok

Director

Board

1 hrs/wk

Philip M Friedmann

Director

Board

1 hrs/wk

Shirley S Siff

Director

Board

1 hrs/wk

Independent contractors

Oleg Butovsky

Research Services

$105K

Grants received

Showing 29 of 29

FromAmountPurposeYear
$125K
UNRESTRICTED
2023
$70K
RESEARCH ON NEUROLOGIC DISEASES
2023
$25K
MEDICAL / PUBLIC SERVICES
2023
$15K
For grant recipient's exempt purposes
2023
$10K
General support for programs, operations and other charitable purposes
2023
$500K
ACTC TAU PLATFORM PLANNING GRANT
2022
$19K
For grant recipient's exempt purposes
2022
$10K
General Operating Support
2022
$85K
RESEARCH ON NEUROLOGIC DISEASES
2021
$20K
For grant recipient's exempt purposes
2021
$20K
For grant recipient's exempt purposes
2021
$75K
RESEARCH ON NEUROLOGIC DISEASES
2020
$17K
For grant recipient's exempt purposes
2020
$15K
RESEARCH FOR MULTIPLE SCLEROSIS
2020
$1K
continued research in the treatment and prevention of Alzheimer's Disease
2020
$17K
For grant recipient's exempt purposes
2019
$9K
For grant recipient's exempt purposes
2018
$18K
HEALTH & HUMAN SERVICES
2017
$10K
DAF Distribution/Charitable Contribution
2017
$5K
GENERAL FUNDING
2017

Funded by

$1.2M from 14 funders · 29 grants · 2017–2024

GHR Foundation

$500K · 1 grant · 2022

The Farbolin Family Charitable Trust

$230K · 3 grants · 2020–2023

Gordon Family Foundation

$125K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$114K · 7 grants · 2018–2023

Irving And Bernice Levine Charitable

$90K · 4 grants · 2022–2024

Gs Donor Advised Philanthropy Fund

$25K · 1 grant · 2023

The Chicago Community Trust

$20K · 2 grants · 2022–2023

Details

EIN043015469
NTEE codeH960
Subsection03
Ruling date1988-10
Formed1998
Employees3
Volunteers0
FOUNDATION FOR NEUROLOGIC DISEASES — Mission, Financials & Grants Received | Grantivo