Invisible Wounds Foundation exists to understand the underlying cause of blast-related brain injuries suffered by our nations warriors and veterans in training and in combat. We identify evaluate and fund critical and innovative research undertaken by defense and governmental health agencies and other research institutions.
Key facts about Invisible Wounds Foundation
- EIN
- 87-4071937
- Latest 990 filing
- Form 990, 2025
- Total assets
- $135,955
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$136K
+74.2% YoY
Revenue
$572K
+65.6% YoY
Net Investment Income
$10
Expenses
$493K
+56.5% YoY
About Invisible Wounds Foundation
Based on IRS filings
Invisible Wounds Foundation is a nonprofit organization focused on Health, based in Chicago, IL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $136K in total assets. Net investment income was $10.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $135,955 | $78,029 | $57,466 |
| Revenue | $572,168 | $345,565 | $379,424 |
| Expenses | $493,360 | $315,203 | $440,197 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10 | — | $4 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 31, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
Invisible Wounds Foundation is led by Shannon Finn Connell, CEO since 2025 (on filings since 2022); 2 of 9 officers listed in 2025 are compensated.
Officers on the 2025 filing
Shannon Finn Connell
CEO
President & Executive Director → CEO, 2025
On filings since 2022
50 hrs/week
$50K (2025)
Brian Edlow MD
Board Director
New on the 2025 filing
2 hrs/week
No compensation reported
Daniel Perl MD
Board Director
New on the 2025 filing
2 hrs/week
No compensation reported
Frank Larkin
Board Director
New on the 2025 filing
2 hrs/week
No compensation reported
VADM Szymanski
Board Director
New on the 2025 filing
2 hrs/week
No compensation reported
Walter Koroshetz MD
Board Director
New on the 2025 filing
2 hrs/week
No compensation reported
James Kelly
Chief Medical Scientist
New on the 2025 filing
5 hrs/week
$60K (2025)
Elizabeth Sheets
Board Secretary
New on the 2025 filing
4 hrs/week
No compensation reported
Robert Fealy
Cso & Treasurer
New on the 2025 filing
50 hrs/week
No compensation reported
Former officers (2)
- Former: Jennifer Keegan (2022–2024) — Treasurer
- Former: Tim Szymanski (2022–2024) — Board Member
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Invisible Wounds Foundation
How large is Invisible Wounds Foundation?
Invisible Wounds Foundation reported $136K in total assets on its 2025 IRS Form 990. Its revenue that year was $572K.
What is Invisible Wounds Foundation?
Invisible Wounds Foundation is a nonprofit organization focused on Health, based in Chicago, IL. It holds $136K in total assets as of 2025.
Where does Invisible Wounds Foundation operate?
Invisible Wounds Foundation has awarded grants in California, Illinois, New York.
What is Invisible Wounds Foundation's EIN?
Invisible Wounds Foundation's EIN (Employer Identification Number) is 87-4071937. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Invisible Wounds Foundation by hand.
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