Civic Intelligence

Brain Research Foundation

990 • Fiscal year 2017 • EIN 36-2477928

Jul 01, 2016 to Jun 30, 2017 • Filed on May 07, 2018

111 W WASHINGTON ST No 1460Chicago, IL 60602

(312) 759-5160

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.04x

Higher debt load relative to assets than 25% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

55th percentile

0.29x

Higher debt load relative to revenue than 55% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

69th percentile

10%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

52nd percentile

5.2%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,469,912

Up $761,375 (+5.2%) from 2016

Net Assets

Up

$14,811,410

Up $1,032,140 (+7.5%) from 2016

Liabilities

Down

$658,502

Down $270,765 (-29%) from 2016

Revenue

Up

$2,291,786

Up $702,747 (+44%) from 2016

Expenses

Down

$2,056,920

Down $725,140 (-26%) from 2016

Net Income

Up

$234,866

Up $1,427,887 (+120%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $11,155,855Liabilities 2010: $122,587Net Assets 2010: $11,033,2682010Assets 2012: $14,008,799Liabilities 2012: $90,389Net Assets 2012: $13,918,4102012Assets 2013: $15,207,398Liabilities 2013: $206,127Net Assets 2013: $15,001,2712013Assets 2014: $16,922,721Liabilities 2014: $298,199Net Assets 2014: $16,624,5222014Assets 2015: $16,790,452Liabilities 2015: $799,091Net Assets 2015: $15,991,3612015Assets 2016: $14,708,537Liabilities 2016: $929,267Net Assets 2016: $13,779,2702016Assets 2017: $15,469,912Liabilities 2017: $658,502Net Assets 2017: $14,811,4102017Assets 2018: $16,759,623Liabilities 2018: $498,666Net Assets 2018: $16,260,9572018Assets 2019: $17,872,481Liabilities 2019: $525,477Net Assets 2019: $17,347,0042019Assets 2020: $19,333,418Liabilities 2020: $585,280Net Assets 2020: $18,748,1382020Assets 2021: $24,853,249Liabilities 2021: $764,590Net Assets 2021: $24,088,6592021Assets 2022: $19,014,948Liabilities 2022: $763,479Net Assets 2022: $18,251,4692022Assets 2023: $20,276,479Liabilities 2023: $1,087,171Net Assets 2023: $19,189,3082023Assets 2024: $22,285,786Liabilities 2024: $1,122,460Net Assets 2024: $21,163,3262024

Highlighted filing

2017

Assets$15,469,912
Liabilities$658,502
Net Assets$14,811,410

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,211,4112010Expenses 2012: $1,553,8262012Expenses 2013: $1,756,8692013Revenue 2014: $2,842,895Expenses 2014: $2,348,618Net Income 2014: $494,2772014Revenue 2015: $2,721,442Expenses 2015: $2,538,431Net Income 2015: $183,0112015Revenue 2016: $1,589,039Expenses 2016: $2,782,060Net Income 2016: -$1,193,0212016Revenue 2017: $2,291,786Expenses 2017: $2,056,920Net Income 2017: $234,8662017Revenue 2018: $2,221,623Expenses 2018: $1,897,019Net Income 2018: $324,6042018Revenue 2019: $1,798,957Expenses 2019: $1,774,513Net Income 2019: $24,4442019Revenue 2020: $1,900,552Expenses 2020: $2,083,234Net Income 2020: -$182,6822020Revenue 2021: $4,721,537Expenses 2021: $2,665,507Net Income 2021: $2,056,0302021Revenue 2022: $2,489,419Expenses 2022: $2,955,646Net Income 2022: -$466,2272022Revenue 2023: $2,276,483Expenses 2023: $2,679,274Net Income 2023: -$402,7912023Revenue 2024: $3,977,449Expenses 2024: $3,105,586Net Income 2024: $871,8632024

Highlighted filing

2017

Revenue$2,291,786
Expenses$2,056,920
Net Income$234,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 7, 2018
Return Version
2016v3.0
Gross Receipts
$11,242,583
Mission and Program Overview

Mission

The foundation is committed to supporting neuroscience research that leads to advances in understanding of brain function and treatment of brain-related disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,088,597$14,943,362▲ $854,765
Savings and Temporary Cash Investments$536,809$468,219▼ $68,590
Cash and Non-Interest-Bearing Accounts$66,557$40,059▼ $26,498
Land, Buildings, and Equipment, Net$1,698$10,072▲ $8,374
Accounts Receivable$9,676$0▼ $9,676
Prepaid Expenses and Deferred Charges$0$3,000▲ $3,000
Total Assets$14,708,537$15,469,912▲ $761,375
Other Assets Total$5,200$5,200→ $0
Liabilities
Grants Payable$780,000$585,000▼ $195,000
Accounts Payable and Accrued Expenses$145,277$42,597▼ $102,680
Other Liabilities$3,990$30,905▲ $26,915
Total Liabilities$929,267$658,502▼ $270,765
Net Assets / Fund Balance
Unrestricted Net Assets$12,004,232$12,975,523▲ $971,291
Permanently Rstr Net Assets$1,500,000$1,500,000→ $0
Temporarily Rstr Net Assets$275,038$335,887▲ $60,849
Total Net Assets Fund Balance$13,779,270$14,811,410▲ $1,032,140
Total Liabilities and Net Assets / Fund Balance$14,708,537$15,469,912▲ $761,375

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,672$69,035$72,707
Other Land Buildings$0$53,134$53,134
Leasehold Improvements$6,400-$6,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,511,053-▲ $188,144-$1,591,174
2015$1,802,648-▼ $73,591-$1,511,053
2014$1,909,329-▲ $97,096-$1,802,648
2013$1,682,635-▲ $328,761-$1,909,329
2012$1,614,629-▲ $167,819-$1,682,635
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terre ConstantineExecutive Director/CEOFT$176,016$78,798$254,814

Board Members and Trustees

NameTitle
Peter PondChairman
Norm BobinsVice Chairman
Bennett Leventhal MDTrustee
C Brant AhrensTrustee
Dan ShirpiroTrustee
David FishburnTrustee
David OlsonTrustee
David PurcellTrustee
Linda HeagyTrustee
Nathan HansenTrustee
Richard ChaifetzTrustee
Richard KohnTrustee
Robert Malenka PHDTrustee
Scott SerotaTrustee
Thomas Reynolds IIITrustee
Wilber GantzTrustee
Robert GlickTrustee - Part Year
Susan MoranTrustee - Part Year
Diane JastrombSecretary
Peter EschenbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,360,751
Program Service Revenue
$0
Investment Income
$1,049,667
Other Revenue
$-118,632
All Other Contributions
$232,863
Change in Net Assets
$234,866

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$190,292Fair Market Value
Total Noncash Contributions8$190,292-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,291,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$797,274
Total Revenue per Audited Statements
$3,089,060
Total Revenue per Form 990
$2,291,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,260,000
Salaries, Compensation, and Employee Benefits$482,156
Other Expenses$314,764
Total Fundraising Expense$296,462
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,260,000--$1,260,000
Current Officers, Directors, Trustees, and Key Employees$109,345$41,651$95,609$246,605
Other Salaries and Wages$57,614$21,945$50,375$129,934
Other Employee Benefits$24,536$9,347$21,452$55,335
Fees for Service Investment Mgmnt Fees$23,000$8,761$20,112$51,873
Occupancy$20,164$7,681$17,631$45,476
Pension Plan Contributions$15,850$6,038$13,859$35,747
All Other Expenses$12,689$4,832$11,094$28,615
Fees for Services Accounting$12,194$4,644$10,662$27,500
Office Expenses$7,855$2,992$6,868$17,715
Payroll Taxes$6,444$2,456$5,635$14,535
Insurance$2,932$1,117$2,563$6,612
Conferences and Meetings$2,799$1,066$2,447$6,312
Advertising$2,652$1,010$2,318$5,980
Other Expenses$2,500$952$2,185$5,637
Information Technology$1,747$664$1,528$3,939
Depreciation Depletion$1,500$571$1,312$3,383
Travel$618$234$540$1,392
Total Functional Expenses$1,631,309$129,149$296,462$2,056,920

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,056,920
Total Expenses per Audited Statements$2,056,920
Total Expenses per Form 990$2,056,920
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$145,132
Fundraising Gross Income$26,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Young Leadership Event$36,462-$4,787-
Annual Benefit$1,117,926$26,500$104,038$-77,538
Total Events$1,154,388$26,500$145,132$-118,632
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Expense$30,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Board member norm bobins and c. Brant ahrens both work for the same non-related company and share a business relationship.

Form 990, Part VI, Section B, line 11B

The board retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing. The governing body is provided a reasonable amount of time to review the return and ask any questions directly to organization or the contact at the independent cpa firm prior to filing.

Form 990, Part VI, Section B, line 12C

ALL OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST TO THE BOARD OF TRUSTEES, ACCORDING TO THE By-LAWS OF THE ORGANIZATION, WHICH ALSO ALLOW FOR THE REMOVAL OF AN OFFICER IF IT IS IN THE BEST INTEREST OF THE FOUNDATION.

Form 990, Part VI, Section B, line 15

The Executive Committee of the Board of Trustees determines and votes on compensation for the executive director and all other employees of the Brain Research Foundation. A special meeting of the executive committee was held to review compensation data provided by the "2016 Charity Navigator CEO Compensation Study" to determine the salary for the Executive Director.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are available through applicable governmental agencies; the conflict of interest policy is available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
Brain Research Foundation
EIN
36-2477928
Phone
3127595160
Address
111 W WASHINGTON ST No 1460, CHICAGO, IL 60602

Signing Officer

Name
Terre a Constantine
Title
Executive Director/CEO
Phone
3127595160
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terre a Constantine
Formed
1953
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
18

Preparer

Firm
Plante & Moran Pllc
Address
10 S Riverside Plaza 9th Floor, Chicago, IL 60606
Preparer
Lu Ann Trapp
Phone
3122071040
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

Endowment funds maintained to provide a permanent source of income, with the stipulation that principal must be invested and kept intact in perpetuity, while only the income generated can be used by the organization.

Part X, Line 2:

The Foundation is exempt from income tax under provisions of Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Foundation and has concluded that, as of June 30, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 692 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2053798
IRS990/Form990PartVIISectionAGrp/PersonNm0Peter Pond
IRS990/Form990PartVIISectionAGrp/PersonNm1Norm Bobins
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Eschenbach
IRS990/Form990PartVIISectionAGrp/PersonNm3Diane Jastromb
IRS990/Form990PartVIISectionAGrp/PersonNm4C Brant Ahrens
IRS990/Form990PartVIISectionAGrp/PersonNm5Richard Chaifetz
IRS990/Form990PartVIISectionAGrp/PersonNm6David Fishburn
IRS990/Form990PartVIISectionAGrp/PersonNm7Wilber Gantz
IRS990/Form990PartVIISectionAGrp/PersonNm8Nathan Hansen
IRS990/Form990PartVIISectionAGrp/PersonNm9Linda Heagy
IRS990/Form990PartVIISectionAGrp/PersonNm10Richard Kohn
IRS990/Form990PartVIISectionAGrp/PersonNm11Bennett Leventhal MD
IRS990/Form990PartVIISectionAGrp/PersonNm12Robert Malenka PHD
IRS990/Form990PartVIISectionAGrp/PersonNm13David Olson
IRS990/Form990PartVIISectionAGrp/PersonNm14David Purcell
IRS990/Form990PartVIISectionAGrp/PersonNm15Thomas Reynolds III
IRS990/Form990PartVIISectionAGrp/PersonNm16Scott Serota
IRS990/Form990PartVIISectionAGrp/PersonNm17Dan Shirpiro
IRS990/Form990PartVIISectionAGrp/PersonNm18Robert Glick
IRS990/Form990PartVIISectionAGrp/PersonNm19Susan Moran
IRS990/Form990PartVIISectionAGrp/PersonNm20Terre Constantine
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20201016
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee - Part Year
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee - Part Year
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive Director/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01953
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt01127888
IRS990/FundraisingDirectExpensesAmt0145132
IRS990/FundraisingGrossIncomeAmt026500
IRS990/GainOrLossGrp/SecuritiesAmt0563540
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsPayableGrp/BOYAmt0780000
IRS990/GrantsPayableGrp/EOYAmt0585000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01260000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01260000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09369205
IRS990/GrossReceiptsAmt011242583
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01528
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0664
IRS990/InformationTechnologyGrp/ProgramServicesAmt01747
IRS990/InformationTechnologyGrp/TotalAmt03939
IRS990/InsuranceGrp/FundraisingAmt02563
IRS990/InsuranceGrp/ManagementAndGeneralAmt01117
IRS990/InsuranceGrp/ProgramServicesAmt02932
IRS990/InsuranceGrp/TotalAmt06612
IRS990/InvestmentIncomeGrp/ExclusionAmt0486127
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0486127
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014088597
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014943362
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0122169
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01698
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010072
IRS990/LandBldgEquipCostOrOtherBssAmt0132241
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08805665
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013779270
IRS990/NetAssetsOrFundBalancesEOYAmt014811410
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0563540
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0563540
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-118632
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-118632
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0797274
IRS990/NoncashContributionsAmt0190292
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt017631
IRS990/OccupancyGrp/ManagementAndGeneralAmt07681
IRS990/OccupancyGrp/ProgramServicesAmt020164
IRS990/OccupancyGrp/TotalAmt045476
IRS990/OfficeExpensesGrp/FundraisingAmt06868
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02992
IRS990/OfficeExpensesGrp/ProgramServicesAmt07855
IRS990/OfficeExpensesGrp/TotalAmt017715
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05200
IRS990/OtherAssetsTotalGrp/EOYAmt05200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt021452
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09347
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024536
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055335
IRS990/OtherExpensesGrp/Desc0MARKETING
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROJECTS
IRS990/OtherExpensesGrp/Desc2PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt018387
IRS990/OtherExpensesGrp/FundraisingAmt13768
IRS990/OtherExpensesGrp/FundraisingAmt28117
IRS990/OtherExpensesGrp/FundraisingAmt32185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08010
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11641
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23537
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3952
IRS990/OtherExpensesGrp/ProgramServicesAmt021028
IRS990/OtherExpensesGrp/ProgramServicesAmt136558
IRS990/OtherExpensesGrp/ProgramServicesAmt29284
IRS990/OtherExpensesGrp/ProgramServicesAmt32500
IRS990/OtherExpensesGrp/TotalAmt047425
IRS990/OtherExpensesGrp/TotalAmt141967
IRS990/OtherExpensesGrp/TotalAmt220938
IRS990/OtherExpensesGrp/TotalAmt35637
IRS990/OtherLiabilitiesGrp/BOYAmt03990
IRS990/OtherLiabilitiesGrp/EOYAmt030905
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt050375
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021945
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057614
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129934
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05635
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02456
IRS990/PayrollTaxesGrp/ProgramServicesAmt06444
IRS990/PayrollTaxesGrp/TotalAmt014535
IRS990/PensionPlanContributionsGrp/FundraisingAmt013859
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06038
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015850
IRS990/PensionPlanContributionsGrp/TotalAmt035747
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01500000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01500000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03000
IRS990/PrincipalOfficerNm0TERRE A CONSTANTINE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Brain Research Foundation supports professional training, education, and research by providing start-up money for innovative neuroscience research projects across the broad spectrum of these illnesses, including but not limited to: ALS (Lou Gehrig's disease), Alzheimer's disease, attention deficit disorder, autism, bipolar disorder, depression and anxiety, epilepsy, head injuries, Parkinson's disease, schizophrenia, and stroke. Advancing science in these areas will help all humans afflicted with neurological disorders.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01342538

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.3$1.12$21.2$3.98$3.11$0.87
2023Detailed filing. Detailed filing data is available for this year.$20.3$1.09$19.2$2.28$2.68$0.40
2022Detailed filing. Detailed filing data is available for this year.$19.0$0.76$18.3$2.49$2.96$0.47
2021Detailed filing. Detailed filing data is available for this year.$24.9$0.76$24.1$4.72$2.67$2.06
2020Detailed filing. Detailed filing data is available for this year.$19.3$0.59$18.7$1.90$2.08$0.18
2019Detailed filing. Detailed filing data is available for this year.$17.9$0.53$17.3$1.80$1.77$0.02
2018Detailed filing. Detailed filing data is available for this year.$16.8$0.50$16.3$2.22$1.90$0.32
2017Detailed filing. Detailed filing data is available for this year.$15.5$0.66$14.8$2.29$2.06$0.23
2016Detailed filing. Detailed filing data is available for this year.$14.7$0.93$13.8$1.59$2.78$1.19
2015Detailed filing. Detailed filing data is available for this year.$16.8$0.80$16.0$2.72$2.54$0.18
2014Detailed filing. Detailed filing data is available for this year.$16.9$0.30$16.6$2.84$2.35$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$0.21$15.0$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.09$13.9$1.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$0.12$11.0$1.21