Neuroscience Innovation Foundation
Neuroscience Innovation Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Chattanooga, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $792 in total assets. In 2024, it awarded 2 grants totaling $111K.
Neuroscience Innovation Foundation at a glance
In short: Neuroscience Innovation Foundation gave $111K across 2 grants in 2024 (avg $55K), mostly in Missouri. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $110,800
- +10.8% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $55,400
- -44.6% vs 2023
- Median grant
- $55,400
- Total assets
- $792
- -99.4% vs 2023
- Primary geography
- Missouri (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Neuroscience Innovation Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Kipnis Lab Washington University ($100K). Together the top 2 received $111K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 5 grants of 9 (56%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Neuroscience Innovation Foundation gives
- Giving grew 454% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF 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 $20K (2021) to $178K (2022). In 2024 it made 2 grants totaling $111K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kipnis Lab Washington University Saint Louis, MO | Laboratory Research and Related Expenses | $100,000 |
| Slam Lab University of Texas Richardson, TX | Laboratory Research and Related Expenses | $10,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $792 | $116,864 | $240,916 | $110,800 | 2 | $240,916 | $2,558 |
| 2023 | $125,167 | $182,747 | $393,350 | $100,000 | 1 | $393,350 | $12,415 |
| 2022 | $335,386 | $185,149 | $461,381 | $178,000 | 3 | $462,187 | $24,554 |
| 2021 | $612,425 | $3,000 | $269,154 | $20,000 | 1 | $166,631 | $36,857 |
| 2020 | $877,532 | $1,000,000 | $122,468 | $39,000 | 2 | — | $13,967 |
Under IRS private-foundation payout rules, Neuroscience Innovation Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Neuroscience Innovation Foundation is led by Peter Catalano, CEO & Treasurer since 2022 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Catalano
CEO & Treasurer
Secretary & CEO → Secretary-Treasurer & CEO, 2021
Secretary-Treasurer & CEO → Treasurer & CEO, 2022
On filings since 2020
37.5 hrs/week
$41K (2020) → $0 (2024)
Thomas Devlin MD PhD
President & Medical Director
On filings since 2020
8 hrs/week
$16K (2020) → $0 (2024)
David Porter
Secretary
New on the 2024 filing
4 hrs/week
No compensation reported
Former officers (2)
- Former: Janice Gray (2020–2023) — Secretary & Chief Development Officer
- Former: Katrina Barton (2020–2021) — Former Treasurer · Filing note: Ended August 2021
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 2023 IRS filing
The highest reported compensation on the 2023 filing was $117K, to Peter Catalano (Treasurer & CEO). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Neuroscience Innovation Foundation
How much does Neuroscience Innovation Foundation give each year?
Neuroscience Innovation Foundation gave $111K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $100K across 1 grant.
How large is Neuroscience Innovation Foundation?
Neuroscience Innovation Foundation reported $792 in total assets on its 2024 IRS Form 990-PF. It paid out $241K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Neuroscience Innovation Foundation?
Neuroscience Innovation Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Chattanooga, TN. It holds $792 in total assets as of 2024.
Where does Neuroscience Innovation Foundation operate?
Neuroscience Innovation Foundation has awarded grants in Missouri, Tennessee, Texas.
What is Neuroscience Innovation Foundation's EIN?
Neuroscience Innovation Foundation's EIN (Employer Identification Number) is 85-1657300. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Neuroscience Innovation Foundation funds
Diseases, Disorders & Medical Disciplines Open opportunities, soonest deadline first.
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Browse active grant opportunities in Neuroscience Innovation Foundation's focus areas in our free grants database
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