Public Charity

BRAIN RESEARCH FOUNDATION

BRAIN RESEARCH FOUNDATION, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.0M in revenue, $3.4M in expenses, $23.4M in total assets. 60 publicly reported grants to this organization, totaling roughly $2.5M, appear in IRS filings.

EIN: 362477928 CHICAGO, IL Brain Disorders Research NTEE: H48 Latest filing: 2025
Total Revenue$3.0M
Total Expenses$3.4M
Total Assets$23.4M
Grant Records60
Funding Total$2.5M
Filing Years2021–2025

Mission

THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS.

Where $100 goes at Brain Research Foundation

How Brain Research Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$74 Programs the work itself
$18 Management running the organization
$8 Fundraising raising the next dollar

Inside the $74 for programs

$66
The 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…
90% of program spending
$4
The Brain Research Foundation uses promotions, marketing, and printed materials to raise funds for research on brain-related illnesses and to educate the public about neurological disorders and the…
5% of program spending
$4
The Brain Research Foundation supports educational programs for researchers and the general public through our website, printed materials and seminars
5% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bennet L Leventhal Md
TRUSTEE - THRU 10/24 Bill Gantz
TRUSTEE - THRU 06/25 David D Olson
TREASURER David H Fishburn
SECRETARY Douglas H Walter
TRUSTEE Elisabeth A Glick

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,372,859 36 grants
Health & Medicine
$523,200 15 grants
Fundraising & Sponsorship
$169,471 2 grants
Human & Social Services
$76,000 1 grant
Unspecified
$327,304 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.0M $3.4M $23.4M
2024 $4.0M $3.1M $22.3M
2023 $2.3M $2.7M $20.3M
2022 $2.5M $3.0M $19.0M
2021 $4.7M $2.7M $24.9M

Between 2021 and 2025, reported annual revenue declined from $4.7M to $3.0M (-36%), with total assets most recently reported at $23.4M.

Interactive year-over-year charts and full filing details available with membership.

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