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.
Public Charity
Foundation for Neurologic Diseases Inc
Foundation for Neurologic Diseases Inc, of Newburyport, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.4M in revenue, $4.4M in expenses, $49.2M in total assets. 17 publicly reported grants to this organization, totaling roughly $327K, appear in IRS filings.
EIN: 043015469
Newburyport, MA
Neurology & Neuroscience Research
NTEE: H96
Latest filing: 2024
Total Revenue$4.4M
Total Expenses$4.4M
Total Assets$49.2M
Grant Records17
Funding Total$327K
Filing Years2019–2024
Where $100 goes at Foundation for Neurologic Diseases Inc
How Foundation for Neurologic Diseases Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$92
Programs
the work itself
$7
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $92 for programs
$58
The Foundation supports research in the causes of and treatments for Multiple Sclerosis
$28
The Foundation supports research in the causes of and treatments for Alzheimers disease
$6
General support for research in neurological disease
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$22,500
MEDICAL / PUBLIC SERVICES
$25,000
For grant recipient's exempt purposes
$14,500
General support for programs, operations and other charitable purposes
$10,000
For grant recipient's exempt purposes
$18,500
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
Director
Andrew Bounas
President
Dennis J Selkoe
Treasurer
Howard L Weiner
Director
Joanne S Chertok
Director
Jon G Auerbach
Executive Director
Karen Hodge
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.4M | $4.4M | $49.2M |
| 2023 | $2.4M | $4.5M | $38.4M |
| 2022 | $4.4M | $2.9M | $29.9M |
| 2020 | $106K | $2.8M | $36.7M |
| 2019 | $2.9M | $3.9M | $36.5M |
Between 2019 and 2024, reported annual revenue grew from $2.9M to $4.4M (+53%), with total assets most recently reported at $49.2M.
Interactive year-over-year charts and full filing details available with membership.