Civic Intelligence

Mcknight Endowment Fund for Neuroscience

990PF • Fiscal year 2020 • EIN 41-1563321

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

710 S 2nd St Ste 400Minneapolis, MN 55401-2290

(612) 333-4220

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Net Margin

41st percentile

0.2%

Higher net margin than 41% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

49th percentile

$12,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2020 filings • $1M-$5M nonprofits • Source year 2020

Asset Growth

87th percentile

40%

Faster asset growth than 87% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-6.4%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$25,180

Up $7,150 (+40%) from 2019

Net Assets

$25,180

No earlier filing loaded for comparison.

Liabilities

Flat

$1

Flat from 2019

Revenue

Down

$3,464,000

Down $236,000 (-6.4%) from 2019

Expenses

Down

$3,456,850

Down $235,092 (-6.4%) from 2019

Net Income

Down

$7,150

Down $908 (-11%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2011: $10,868Liabilities 2011: $02011Assets 2012: $8,037Liabilities 2012: $02012Assets 2013: $16,423Liabilities 2013: $02013Assets 2014: $7,243Liabilities 2014: $02014Assets 2015: $17,505Liabilities 2015: $02015Assets 2019: $18,030Liabilities 2019: $12019Assets 2020: $25,180Liabilities 2020: $1Net Assets 2020: $25,1802020Assets 2021: $31,388Liabilities 2021: $1Net Assets 2021: $31,3882021Assets 2022: $24,431Liabilities 2022: $1Net Assets 2022: $24,4312022Assets 2023: $25,588Liabilities 2023: $12023Assets 2024: $20,286Liabilities 2024: $0Net Assets 2024: $20,2862024

Highlighted filing

2020

Assets$25,180
Liabilities$1
Net Assets$25,180

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $3,689,000Expenses 2011: $3,688,960Net Income 2011: $402011Revenue 2012: $3,490,000Expenses 2012: $3,492,831Net Income 2012: -$2,8312012Revenue 2013: $3,661,200Expenses 2013: $3,652,814Net Income 2013: $8,3862013Revenue 2014: $3,704,000Expenses 2014: $3,713,180Net Income 2014: -$9,1802014Revenue 2015: $3,721,000Expenses 2015: $3,710,738Net Income 2015: $10,2622015Revenue 2019: $3,700,000Expenses 2019: $3,691,942Net Income 2019: $8,0582019Revenue 2020: $3,464,000Expenses 2020: $3,456,850Net Income 2020: $7,1502020Revenue 2021: $3,600,000Expenses 2021: $3,593,792Net Income 2021: $6,2082021Revenue 2022: $3,766,000Expenses 2022: $3,772,957Net Income 2022: -$6,9572022Revenue 2023: $3,800,550Expenses 2023: $3,799,393Net Income 2023: $1,1572023Revenue 2024: $3,845,550Expenses 2024: $3,850,852Net Income 2024: -$5,3022024

Highlighted filing

2020

Revenue$3,464,000
Expenses$3,456,850
Net Income$7,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-President-$12,000-$12,000
-Vice President-$12,000-$12,000
-Director-$6,000-$6,000
-Director-$4,500-$4,500
-Director-$2,000-$2,000
-Director-$1,000-$1,000
-Director-$1,000-$1,000
-Secretary/Treasurer-$0--
-Director-$0--
-Director-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantBoston UniversityArtificially Modulating Positive and Negative Memories to Alleviate Maladaptive Fear Responses. Principal Investigator: Steve RamirezPCBoston, MA, US$100,000
Paid GrantCalifornia Institute of TechnologyCircuit Dynamics and Cognitive Consequences of General Anesthesia. Principal Investigator: Thanos SiapasPCPasadena, CA, US$100,000
Paid GrantCalifornia Institute of TechnologyModular Enzymatic Barcoding. Principal Investigator: Kai ZinnPCPasadena, CA, US$100,000
Paid GrantGeorgia Tech & EmoryComparing Large-scale Neural Datasets Across Time, Space, and Behavior. Principal Investigator: Eva DyerPCAtlanta, GA, US$100,000
Paid GrantIcahn School of Medicine at Mount SinaiCircuit Mechanisms of Memory-Linking. Principal Investigator: Denise CaiPCNew York, NY, US$100,000
Paid GrantMarquette UniversityFast Panoptical Imaging of Brain Volumes via Time-tagged Quadrangular Stereoscopy. Principal Investigator: Iaroslav "Alex" SavtchoukPCMilwaukee, WI, US$100,000
Paid GrantNYU Langone HealthTAPESTRY: A Single-cell Multi-omics Technology for High-resolution Lineage Tracing of the Human Brain. Principal Investigator: Gilad EvronyPCNew York, NY, US$100,000
Paid GrantRutgers UniversityThe Regulation of Negative Autobiographical Memories via Positive Emotion-focused Strategies. Principal Investigator: Mauricio DelgadoPCNewark, NJ, US$100,000
Paid GrantTexas State UniversityDoes Superior Sleep Physiology Contribute to Superior Memory Function? Implications for Counteracting Forgetting. Principal Investigators: Carmen Westerberg & Ken PallerGOVSan Marcos, TX, US$100,000
Paid GrantThe Salk Institute for Biological StudiesDissecting Striatal Patch and Matrix Compartments for Action Learning. Principal Investigator: Xin JinPCLa Jolla, CA, US$100,000
Paid GrantUC BerkeleyPhoto-activation of Dopamine Receptors in Models of Parkinson's Disease. Principal Investigator: Ehud Isacoff & Dirk TraunerGOVBerkeley, CA, US$100,000
Paid GrantUC BerkeleyA High-speed Holographic Device for Optogenic Control of Thousands of Neurons. Principal Investigator: Rikky MullerGOVBerkeley, CA, US$100,000
Paid GrantUC Los AngelesWireless and Prgrammable Recording and Stimulation of Deep Brain Activity in Freely Moving Humans Immersed in Virtual (or Augmented) Reality. Principal Investigator: Nathnia SuthanaGOVLos Angeles, CA, US$100,000
Paid GrantUC SanfranciscoNew Myelin Formation in Systems Consolidation and Retrieval of Remote Memories. Principal Investigators: Mazen Kheirbek & Jonah ChanGOVSan Francisco, CA, US$100,000
Paid GrantUniversity of California San FranciscoUsing New Approaches for Voltage Imaging to Test How Prefrontal Dopamine Receptors Contribute to Gamma Oscillations and Flexible Behavior. Principal Investigator: Vikaas SohalGOVSan Francisco, CA, US$100,000
Paid GrantUniversity of Southern CaliforniaUnderstanding Synaptic Dysfunction in Autism Spectrum Disorder. Principal Investigator: Bruce HerringGOVLos Angeles, CA, US$100,000
Paid GrantUniversity of Washington Medical SchoolNeural Dynamics of Memory and Cognition in the Primate Hippocampal Formation. Principal Investigator: Elizabeth BuffaloGOVSeattle, WA, US$100,000
Paid GrantWashington School of MedicineThe Neuronal Mechanisms of Information Seeking Under Uncertainty. Principal Investigator: Ilya MonosovPCSt Louis, MO, US$100,000
Paid GrantBaylor College of MedicineFunction and Mechanism of Input-specific Homeostatic Synaptic Plasticity In Vivo. Principal Investigator: Mingshan XuePCHouston, TX, US$75,000
Paid GrantBaylor College of MedicineCerebellar Computations During Motor Planning. Principal Investigator: Nuo LiPCHouston, TX, US$75,000
Paid GrantColumbia UniversityState-dependent Neuromodulation of a Circuit for Motion Vision. Principal Investigator: Rudy BehniaPCNew York, NY, US$75,000
Paid GrantColumbia UniversityThe Evolution of Gene Modules and Circuit Motifs for Cortical Inhibition. Principal Investigator: Maria Antoinetta ToschesPCNew York, NY, US$75,000
Paid GrantIcahn School of Medicine at Mount SinaiAccelerating Drug Discovery for Cognitive Disorders Through Structural Studies of a Serotonin Receptor. Principal Investigator: Daniel WackerPCNew York, NY, US$75,000
Paid GrantJohns Hopkins UniversityMechanistic Insights into Membrane Remodeling at Synapses. Principal Investigator: Shigeki WatanabePCBaltimore, MD, US$75,000
Paid GrantJohns Hopkins UniversityDiscovering Molecular Identify and Function of Novel Chloride Channels in the Nervous System. Principal Investigator: Zhaozhu QuiPCBaltimore, MD, US$75,000
Paid GrantMassachusetts Institute of TechnologyPerturbing Dendritic Compartmentalization to Evaluate Single Neuron Cortical Computations. Principal Investigator: Mark HarnettPCCambridge, MA, US$75,000
Paid GrantMassachusetts Institute of TechnologyElucidating Fundamental Mechanisms of Gut-Brain Signaling in C. Elegans. Principal Investigator: Steven FlavellPCCambridge, MA, US$75,000
Paid GrantNYU School of MedicineCortical Sensory Modulation of Hippocampal Activity and Spatial Representation. Principal Investigator: Jayeeta BasuPCNew York, NY, US$75,000
Paid GrantSalk InstituteSpinal Circuits Controlling Dexterous Forelimb Movement. Principal Investigator: Eiman AzimPCLa Jolla, CA, US$75,000
Paid GrantStanford UniversityMechanisms of Myelin Membrane Growth and Wrapping. Principal Investigator: Brad ZucheroPCPalo Alto, CA, US$75,000
Paid GrantStanford UniversityNeuronal Basis of Parental Engrams in the Infant Brain Principal Investigator: Lauren O'ConnellPCStanford, CA, US$75,000
Paid GrantUC Los AngelesNeural Circuit Mechanisms of Maternal Behavior. Principal Investigator: Weizhe HongGOVLos Angeles, CA, US$75,000
Paid GrantUniversity of California San FranciscoThe Establishment and Regulation of Rod and Cone Vision. Principal Investigator: Felice DunnGOVSan Francisco, CA, US$75,000
Paid GrantUniversity of GeorgiaRegeneration of the Central Nervous System in Planarians. Principal Investigator: Rachel Roberts-GalbraithGOVAthens, GA, US$75,000
Paid GrantUniversity of WashingtonProprioceptive Feedback Control of Locomotion in Drosophila. Principal Investigator: John TuthillGOVSeattle, WA, US$75,000
Paid GrantVan Andel Research InstituteRegulation Mechanism of Thermosensitive Receptors in Nervous System. Principal Investigator: Juan DuPCGrand Rapids, MI, US$75,000
Filing and Contact Details

Filer

Filer Name
The Mcknight Endowment Fund for Neuroscience
EIN
41-1563321
Phone
6123334220
Address
710 S 2ND ST STE 400, Minneapolis, MN 55401-2290

Signing Officer

Name
Nichol Higdon
Title
VP of Finance and Operations
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Nicole Bencik
Phone
3128997000
Raw XML AppendixShowing 400 of 886 raw XML fields

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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0Professional Fees
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0Form 990-PF, Part IX, Line 1
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1Form 990-PF, Part XV, Line 2b
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0ANNUAL CONFERENCE
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt1AWARDS
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0The 2020 McKnight Conference on Neuroscience was initially scheduled for June 12-15, 2020. Due to the COVID 19 Pandemic it was postponed to October 30-November 2, 2020. Unfortunately, the Pandemic did not subside and the McKnight Endowment Fund for Neuroscience (MEFN) board of directors decided to cancel the 2020 conference. The next McKnight Conference on Neuroscience was initially scheduled to be held June 11-14, 2021 in Aspen, CO. Due to the continuing COVID 19 Pandemic, the MEFN board decided to postpone the conference until October 29-November 1, 2021. The speakers are all tentatively confirmed; nine recent recipients of a McKnight award; three former recipients of a McKnight award; and four guest speakers will present the findings of their brain research projects.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1The McKnight Endowment Fund for Neuroscience is an independent charitable organization established by The McKnight Foundation to carry out the intention of its founder, William L. McKnight (1887-1979). Mr. McKnight, who led the 3M company for three decades, had a personal interest in memory and its diseases and set aside part of his legacy to bring hope to those suffering from brain injury or disease and cognitive impairment. The Endowment Fund fulfills this mission by supporting innovative research in neuroscience through three competitive annual awards. The awards complement each other to support both young and established neuroscientists and to encourage interdisciplinary collaboration. Each in a different way, the three programs seek out investigators whose research shows promise in bringing society closer to preventions, treatments, and cures for many devastating diseases. Research supported by the Endowment Fund has furthered understanding of Alzheimer's disease, Parkinson's disease, spinal cord injuries, and many other cognitive impairments. The Endowment Fund is led by a board of eminent neuroscientists, with administrative support from The McKnight Foundation. Each award has its own selection committee, also made up of prominent scientists. The commitee recommends awardees, and the board has the final approval. McKnight Scholar Awards The McKnight Scholar Awards encourage neuroscientists in the early stages of their careers to focus on disorders of learning and memory. These awards support young scientists who hold the M.D. and/or Ph.D. degree, who have completed formal postdoctoral training and who demonstrate a commitment to neuroscience. The Endowment Fund especially seeks applicants working on problems that, if solved at the basic level, would have significant impact on clinically relevant issues, especially those related to deficits of memory and cognition. For descriptions of previous awards, please go to the Endowment Fund website. Each year up to six Scholars are selected to receive three years of support at $75,000 per year. Funds may be used in any way that will facilitate development of the Scholar's research program, but not for indirect costs. Scholars must have authorization from the home institution to work in the U.S. and must hold full time appointments at the rank of assistant professor at their sponsoring institution; scientists holding other titles such as research assistant professor, adjunct assistant professor, assistant professor research track, visiting professor or instructor are not eligible. Employees of the Howard Hughes Medical Institute or scientists within the intramural program of the National Institutes of Health are not eligible. Application materials are due in early January and can be uploaded by accessing the online URL set up for this purpose. Each applicant must ensure that four letters of reference are submitted to an email account; these letters are an integral part of the application. Awards are announced in May and begin on July 1. McKnight Technological Innovations in Neuroscience Awards These awards encourage and support scientists working on the development of novel and creative approaches to understanding brain function. The Endowment Fund is interested in how a new technology may be used to monitor, manipulate, analyze, or model brain function at any level, from the molecular to the entire organism. The technology may take any form, from biochemical tools to instruments to software and mathematical approaches. Because the program seeks to advance and enlarge the range of technologies available to the neurosciences, research based primarily on existing techniques will not be considered. For descriptions of previous awards, please go to the Endowment Fund website. The first step is to submit a two-page letter of intent describing the project and how the technology involved will enrich the neurosciences and become accessible to other research in the field. Investigators mu
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt0Cerebellar Computations During Motor Planning. Principal Investigator: Nuo Li
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt1The Evolution of Gene Modules and Circuit Motifs for Cortical Inhibition. Principal Investigator: Maria Antoinetta Tosches
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt2Comparing Large-scale Neural Datasets Across Time, Space, and Behavior Principal Investigator: Eva Dyer
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt3Accelerating Drug Discovery for Cognitive Disorders Through Structural Studies of a Serotonin Receptor. Principal Investigator: Daniel Wacker
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt4Discovering Molecular Identify and Function of Novel Chloride Channels in the Nervous System. Principal Investigator: Zhaozhu Qui
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt5Modular Enzymatic Barcoding. Principal Investigator: Kai Zinn
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt6Elucidating Fundamental Mechanisms of Gut-Brain Signaling in C. Elegans. Principal Investigator: Steven Flavell
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt7Neuronal Basis of Parental Engrams in the Infant Brain. Principal Investigator: Lauren O'Connell
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt8A High-speed Holographic Device for Optogenic Control of Thousands of Neurons. Principal Investigator: Rikky Muller
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt9Elucidating the neural basis of pain unpleasantness: Circuits and new therapeutics to end the dual epidemic of chronic pain and opioid addiction. Principal Investigator: Gregory Scherrer
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt10Brain-wide electrical connectivity in migraine: Toward the development of network-based therapeutics. Principal Investigator: Rainbo Hultman
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt11From gut to brain: Understanding the propagation of Parkinson's Disease. Principal Investigators: Rui Chang & Sreeganga Chandra
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt0Baylor College of Medicine
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt1Columbia University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt2Georgia Tech & Emory
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt3Icahn School of Medicine at Mount Sinai
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt4Johns Hopkins University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt5California Institute of Technology
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt6Massachusetts Institute of Technology
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt7Stanford University
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt8UC Berkeley
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt9UNC Chapel Hill
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt10University of Iowa College of Medicine
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt11Yale University School of Medicine
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