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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.2M
+28.1% YoY
Annual Giving
$567K
-26.4% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$142K
-81.6% YoY
About Foundation for Neurologic Diseases Inc
Based on IRS filings
Foundation for Neurologic Diseases Inc is a nonprofit organization focused on Medical Research, based in NEWBURYPORT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49.2M in total assets. In 2024, it awarded 4 grants totaling $567K. Net investment income was $2.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,164,256 | $38,388,817 | $29,946,123 |
| Revenue | $4,398,981 | $2,433,483 | $4,406,988 |
| Expenses | $4,420,902 | $4,477,745 | $2,853,966 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,507,081 | $326,496 | $3,161,471 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brigham & Womens Hospital ($444,500), Brigham & Women's Physican Group ($60,000), Yale University ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Brigham & Womens Hospital Boston, MA | Research | $444,500 |
| Brigham & Women's Physican Group Boston, MA | Research | $60,000 |
| Yale University New Haven, CT | Research | $32,000 |
| Stanford University Stanford, CA | Research | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dennis J Selkoe | President | 40 | $252,706 |
| Karen Hodge | Executive Director | 40 | $181,800 |
| Howard L Weiner | Treasurer | 10 | $67,000 |
| Jon G Auerbach | Director | 1 | — |
| Andrew Bounas | Director | 1 | — |
| Joanne S Chertok | Director | 1 | — |
| Philip M Friedmann | Director | 1 | — |
| Shirley S Siff | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for Neurologic Diseases Inc?
Foundation for Neurologic Diseases Inc is a nonprofit organization focused on Medical Research, based in NEWBURYPORT, MA. It holds $49.2M in total assets as of 2024.
How large is Foundation for Neurologic Diseases Inc?
As of 2024, Foundation for Neurologic Diseases Inc holds $49.2M in total assets with $4.4M in annual revenue. It awarded 4 grants totaling $567K in 2024.
Where does Foundation for Neurologic Diseases Inc operate?
Foundation for Neurologic Diseases Inc has awarded grants in California, Connecticut, Florida, Kansas, Massachusetts.
What size grants does Foundation for Neurologic Diseases Inc award?
In 2024, Foundation for Neurologic Diseases Inc awarded 4 grants totaling $567K — an average of about $142K per grant, based on its IRS Form 990 filings.
What is Foundation for Neurologic Diseases Inc's EIN?
Foundation for Neurologic Diseases Inc's EIN (Employer Identification Number) is 04-3015469. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for Neurologic Diseases Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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