Foundation for Neurologic Diseases Inc
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.
Key facts about Foundation for Neurologic Diseases Inc
In short: Foundation for Neurologic Diseases Inc gave $567K across 4 grants in 2024 (avg $142K), mostly in Massachusetts. Source: 2024 IRS Form 990 filing.
- EIN
- 04-3015469
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $566,500
- Grants made (2024)
- 4
- Average grant
- $141,625
- Median grant
- $46,000
- Total assets
- $49,164,256
- Primary geography
- Massachusetts (89% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Quick answers about Foundation for Neurologic Diseases Inc
How much does Foundation for Neurologic Diseases Inc give each year?
Foundation for Neurologic Diseases Inc gave $567K across 4 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $770K across 1 grant.
What is Foundation for Neurologic Diseases Inc's typical grant size?
Foundation for Neurologic Diseases Inc's median grant in 2024 was $46,000, and its average grant was $141,625, across 4 grants on its 2024 IRS Form 990 filing.
Where does Foundation for Neurologic Diseases Inc give grants?
Foundation for Neurologic Diseases Inc gives mostly in Massachusetts: 89% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest states were Connecticut (6%) and California (5%). The most frequent recipient cities were Boston, MA (2 grants).
Does Foundation for Neurologic Diseases Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Foundation for Neurologic Diseases Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Research" (4 grants).
How Foundation for Neurologic Diseases Inc gives
- Giving fell 49% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Next steps with Foundation for Neurologic Diseases Inc
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Financial Overview
From 2024 IRS Form 990 filing · 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
Share of all 4 itemized 2024 grant dollars.
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
| 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
Foundation for Neurologic Diseases Inc is led by Dennis J Selkoe, President on every filing since 2020; 3 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Dennis J Selkoe
President
On filings since 2020
40 hrs/week
$228K (2020) → $253K (2024)
Karen Hodge
Executive Director
On filings since 2020
40 hrs/week
$124K (2020) → $182K (2024)
Andrew Bounas
Director
On filings since 2020
1 hr/week
No compensation reported
Joanne S Chertok
Director
On filings since 2020
1 hr/week
No compensation reported
Jon G Auerbach
Director
On filings since 2020
1 hr/week
No compensation reported
Philip M Friedmann
Director
On filings since 2020
1 hr/week
No compensation reported
Shirley S Siff
Director
On filings since 2020
1 hr/week
No compensation reported
Howard L Weiner
Treasurer
On filings since 2020
10 hrs/week
$40K (2020) → $67K (2024)
Former officers (1)
- Former: Faye Levine (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
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.
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.
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Data last updated September 2026. Sourced from IRS Form 990 filings.