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.
Foundation for Neurologic Diseases Inc at a glance
In short: Foundation for Neurologic Diseases Inc gave $567K across 4 grants in 2024 (avg $142K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $566,500
- -26.4% vs 2023
- Grants made (2024)
- 4
- +300.0% vs 2023
- Average grant
- $141,625
- -81.6% vs 2023
- Median grant
- $46,000
- Total assets
- $49,164,256
- +28.1% vs 2023
- Primary geography
- Massachusetts (89% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foundation for Neurologic Diseases Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Brigham & Womens Hospital ($445K). Together the top 4 received $567K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 4 grants of 11 (36%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Foundation for Neurologic Diseases Inc gives
- Giving fell 49% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $254K (2020) to $1.1M (2021). In 2024 it made 4 grants totaling $567K.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $49,164,256 | $4,398,981 | $4,420,902 | $566,500 | 4 | $2,507,081 |
| 2023 | $38,388,817 | $2,433,483 | $4,477,745 | $770,000 | 1 | $326,496 |
| 2022 | $29,946,123 | $4,406,988 | $2,853,966 | $330,000 | 2 | $3,161,471 |
| 2021 | $42,372,654 | $7,178,078 | $3,186,715 | $1,119,000 | 1 | $5,098,541 |
| 2020 | $36,668,539 | $105,665 | $2,778,832 | $253,856 | 3 | $-902,969 |
About Foundation for Neurologic Diseases Inc
Based on IRS filings
Foundation for Neurologic Diseases Inc is a public charity 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
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
The highest reported compensation on the 2024 filing was $253K, to Dennis J Selkoe (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions 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. 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.
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 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 were described as general or operating support. Recurring purposes include "Research" (4 grants).
How large is Foundation for Neurologic Diseases Inc?
Foundation for Neurologic Diseases Inc reported $49.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.4M.
What is Foundation for Neurologic Diseases Inc?
Foundation for Neurologic Diseases Inc is a public charity focused on Medical Research, based in Newburyport, MA. It holds $49.2M in total assets as of 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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 25, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Foundation for Neurologic Diseases Inc funds
Medical Research Open opportunities, soonest deadline first.
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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