Foundation for Neurologic Diseases Inc logo

Foundation for Neurologic Diseases Inc

NEWBURYPORT, MA EIN: 04-3015469 Website

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

5states

Cities

BostonGainesvilleLawrenceNew HavenStanford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$280K$560K$839K$1M3 grants20201 grants20212 grants20221 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Brigham & Womens Hospital$445KBrigham & Women's Physic…$60KYale University$32KStanford University$30K

Grant Size Distribution

11 grants across all recorded years

4<$50K2$50–100K1$100–250K2$250–500K1$500K–1M1$1–5M$5M+

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).

RecipientPurposeAmount
Brigham & Womens Hospital Boston, MAResearch$444,500
Brigham & Women's Physican Group Boston, MAResearch$60,000
Yale University New Haven, CTResearch$32,000
Stanford University Stanford, CAResearch$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dennis J SelkoePresident$253KKaren HodgeExecutive Director$182KHoward L WeinerTreasurer$67K

From 2024 filing

NameTitleHoursCompensation
Dennis J SelkoePresident40$252,706
Karen HodgeExecutive Director40$181,800
Howard L WeinerTreasurer10$67,000
Jon G AuerbachDirector1
Andrew BounasDirector1
Joanne S ChertokDirector1
Philip M FriedmannDirector1
Shirley S SiffDirector1

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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