OUR MISSION IS TWO-FOLD: FIRST AND FOREMOST HDRF FUNDS THE MOST INNOVATIVE NEUROSCIENCE RESEARCH INTO THE ORIGINS, DIAGNOSIS, TREATMENT AND PREVENTION OF DEPRESSION AND ITS RELATED MOOD DISORDERS BIPOLAR DISORDER, POSTPARTUM DEPRESSION, POST-TRAUMATIC STRESS DISORDER, ANXIETY DISORDER AND SUICIDE. OUR SECOND GOAL IS TO RAISE AWARENESS OF DEPRESSION AS A MEDICAL ILLNESS AND TO EDUCATE THE PUBLIC ABOUT THE FACTS OF DEPRESSION. WE EDUCATE AND INFORM IN ORDER TO HELP REMOVE THE STIGMA OF DEPRESSION. ********************************************************************* *********************************************************************
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.1M
-6.6% YoY
Annual Giving
$5.0M
+9.6% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$828K
+27.9% YoY
About Hope for Depression Research Foundation
Based on IRS filings
Hope for Depression Research Foundation is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $44.1M in total assets. In 2024, it awarded 6 grants totaling $5.0M. Net investment income was $565K.
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 | $44,089,416 | $47,213,164 | $50,922,850 |
| Revenue | $2,671,993 | $3,383,561 | $7,935,757 |
| Expenses | $8,469,439 | $7,749,109 | $8,320,753 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $564,745 | $1,700,410 | $5,803,525 |
| 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 6 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUISA BENTON | EXECUTIVE DIRECTOR | 40 | $291,395 |
| AUDREY B GRUSS | CHAIRMAN & DIRECTOR | 20 | — |
| DR HAROLD W KOENIGSBERG | DIRECTOR | 2 | — |
| DAVID ZISLIN | VICE PRESIDENT / TREASURER | 1 | — |
| DR STEVEN P ROOSE | DIRECTOR | 2 | — |
| DR ROBERT MICHELS | DIRECTOR | 2 | — |
| DR DAVID KAHN | DIRECTOR | 2 | — |
| MARTIN D GRUSS | SENIOR VICE PRESIDENT | 1 | — |
| BHASH LALTA | VICE PRESIDENT / SECRETARY | 1 | — |
| COURTNEY KEEMSS | ASSISTANT SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hope for Depression Research Foundation?
Hope for Depression Research Foundation is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. It holds $44.1M in total assets as of 2024.
How large is Hope for Depression Research Foundation?
As of 2024, Hope for Depression Research Foundation holds $44.1M in total assets with $2.7M in annual revenue. It awarded 6 grants totaling $5.0M in 2024.
Where does Hope for Depression Research Foundation operate?
Hope for Depression Research Foundation has awarded grants in California, Maryland, Michigan, North Carolina, New York, Wisconsin.
What size grants does Hope for Depression Research Foundation award?
In 2024, Hope for Depression Research Foundation awarded 6 grants totaling $5.0M — an average of about $828K per grant, based on its IRS Form 990 filings.
What is Hope for Depression Research Foundation's EIN?
Hope for Depression Research Foundation's EIN (Employer Identification Number) is 20-4559210. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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