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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$792
-99.4% YoY
Annual Giving
$111K
+10.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$55K
-44.6% YoY
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.
About Neuroscience Innovation Foundation
Based on IRS filings
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.
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 | $792 | $125,167 | $335,386 |
| Revenue | $116,864 | $182,747 | $185,149 |
| Expenses | $240,916 | $393,350 | $461,381 |
| Qualifying Distributions | $240,916 | $393,350 | $462,187 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,558 | $12,415 | $24,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kipnis Lab Washington University ($100,000), Slam Lab University of Texas ($10,800).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER CATALANO | CEO & TREASURER | 37.5 | — |
| THOMAS DEVLIN MD PHD | PRESIDENT AND MEDICAL DIRECTOR | 8 | — |
| DAVID PORTER | SECRETARY | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Neuroscience Innovation Foundation?
As of 2024, Neuroscience Innovation Foundation holds $792 in total assets with $117K in annual revenue. It awarded 2 grants totaling $111K in 2024.
Where does Neuroscience Innovation Foundation operate?
Neuroscience Innovation Foundation has awarded grants in Missouri, Tennessee, Texas.
What size grants does Neuroscience Innovation Foundation award?
In 2024, Neuroscience Innovation Foundation awarded 2 grants totaling $111K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Neuroscience Innovation Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Neuroscience Innovation Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Neuroscience Innovation Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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