Totals
- Total revenue
- $6,240,028
- Total expenses
- $5,254,803
- Contributions and grants received
- $5,775,187
- Grants paid
- $2,384,275
- Program service revenue
- $0
- Investment income
- $512,199
- Other revenue
- -$47,358
- Total assets, end of year
- $21,621,469
- Total liabilities, end of year
- $1,396,515
- Net assets or fund balances, end of year
- $20,224,954
- Program services expenses (Part IX)
- $3,345,631
- Management and general expenses
- $510,331
- Fundraising expenses
- $1,398,841
- Program service expenses (Part III)
- $3,345,631
Program services were 63.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$417,106
-
1f · All other contributions, gifts and grants
$5,358,081
-
1g · Noncash contributions included above
$64,083
-
3 · Investment income
total $422,198 · excluded $422,198
-
7a · Gross sales of assets other than inventory
securities $12,404,381
-
7b · Less cost or other basis and sales expenses
securities $12,314,380
-
7c · Gain or loss
securities $90,001
-
7d · Net gain or loss
total $90,001 · excluded $90,001
-
8a · Fundraising events: gross income
$34,712
-
8a · Fundraising events: contributions included on line 1c
$417,106
-
8b · Fundraising events: direct expenses
$128,137
-
8c · Net income from fundraising events
total -$93,425 · excluded -$93,425
-
11a · Other revenue: MISCELLANEOUS INCOME
total $46,067 · excluded $46,067
-
11e · Other revenue, total
$46,067
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,384,275 · program services $2,384,275
-
5 · Compensation of officers, directors and key employees
total $307,504 · program services $21,525 · management and general $138,377 · fundraising $147,602
-
7 · Other salaries and wages
total $992,684 · program services $404,082 · management and general $70,108 · fundraising $518,494
-
8 · Pension plan contributions
total $75,483 · program services $33,060 · management and general $2,704 · fundraising $39,719
-
9 · Other employee benefits
total $100,472 · program services $36,531 · management and general $12,011 · fundraising $51,930
-
10 · Payroll taxes
total $87,680 · program services $30,067 · management and general $12,522 · fundraising $45,091
-
11a · Fees: management
total $237,978 · program services $76,978 · management and general $45,559 · fundraising $115,441
-
11b · Fees: legal
total $38,432 · program services $13,510 · management and general $5,202 · fundraising $19,720
-
11c · Fees: accounting
total $69,285 · program services $24,355 · management and general $9,378 · fundraising $35,552
-
11e · Fees: professional fundraising services
total $18,000 · fundraising $18,000
-
11f · Fees: investment management
total $4,151 · management and general $4,151
-
11g · Fees: other
total $485,581 · program services $185,338 · management and general $67,212 · fundraising $233,031
-
12 · Advertising and promotion
total $83,887 · program services $44,104 · management and general $8,573 · fundraising $31,210
-
13 · Office expenses
total $91,428 · program services $28,266 · management and general $40,652 · fundraising $22,510
-
14 · Information technology
total $126,214 · program services $45,265 · management and general $11,495 · fundraising $69,454
-
16 · Occupancy
total $3,555 · program services $1,219 · management and general $508 · fundraising $1,828
-
17 · Travel
total $82,349 · program services $2,393 · management and general $69,619 · fundraising $10,337
-
19 · Conferences, conventions and meetings
total $23,085 · fundraising $23,085
-
23 · Insurance
total $14,526 · program services $4,981 · management and general $2,074 · fundraising $7,471
-
24e · All other expenses
total $28,234 · program services $9,682 · management and general $10,186 · fundraising $8,366
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,007,855 · end of year $1,027,870
-
2 · Savings and temporary cash investments
beginning of year $5,128,619 · end of year $4,083,926
-
3 · Pledges and grants receivable
beginning of year $4,671,369 · end of year $4,270,938
-
4 · Accounts receivable
beginning of year $228,313 · end of year $84,807
-
9 · Prepaid expenses and deferred charges
beginning of year $61,532 · end of year $40,021
-
11 · Investments: publicly traded securities
beginning of year $10,820,854 · end of year $12,113,907
-
17 · Accounts payable and accrued expenses
beginning of year $199,979 · end of year $127,764
-
18 · Grants payable
beginning of year $2,242,216 · end of year $1,268,751
-
19 · Deferred revenue
beginning of year $7,700
-
27 · Net assets without donor restrictions
beginning of year $7,718,793 · end of year $7,431,093
-
28 · Net assets with donor restrictions
beginning of year $11,749,854 · end of year $12,793,861
Mission and programs · 2024
Mission
ABF'S MISSION IS TO ACCELERATE BREAKTHROUGH RESEARCH ON BRAIN DISEASE AND OPTIMIZE BRAIN HEALTH FOR ALL. DRIVEN BY THE CERTAINTY THAT ALL ASPECTS OF THE BRAIN ARE INTERCONNECTED, WE INVEST IN RESEARCH ON MECHANISMS SHARED BY MULTIPLE BRAIN DISEASES, DISORDERS, AND INJURIES, SETTING THE STAGE FOR NEW TREATMENTS TO EMERGE FOR CONDITIONS THAT WERE PREVIOUSLY UNTREATABLE.
Activities or mission (Part I)
TO ACCELERATE BREAKTHROUGH RESEARCH ON BRAIN DISEASE AND OPTIMIZE BRAIN HEALTH FOR ALL. ABF FUNDS THE BEST AND BRIGHTEST SCIENTISTS TO MAKE A LASTING IMPACT ON PUBLIC HEALTH AND OUR COLLECTIVE KNOWLEDGE OF THE BRAIN.
-
GRANTS AND AWARDS: IN 2024, THE AMERICAN BRAIN FOUNDATION FUNDED NEXT GENERATION RESEARCH GRANTS IN AMYOTROPHIC LATERAL SCLEROSIS (ALS); ALZHEIMER'S; COGNITIVE AGING AND AGE-RELATED MEMORY LOSS; EPILEPSY; FRONTOTEMPORAL DEGENERATION; LEWY BODY DEMENTIA; MIGRAINE; MULTIPLE SCLEROSIS; MUSCULAR DYSTROPHY; NEUROMUSCULAR DISEASE; PARKINSON'S DISEASE; PERIPHERAL NEUROPATHY; STROKE; TOURETTE SYNDROME; AND NEUROLOGICAL HEALTHCARE DISPARITIES. THESE ARE TWO- AND THREE-YEAR INNOVATIVE CLINICAL RESEARCH PROJECTS THAT LAUNCH RESEARCH CAREERS. OVER 95% OF THE NEARLY 300 INVESTIGATORS THE FOUNDATION HAS FUNDED HAVE RECEIVED ADDITIONAL RESEARCH FUNDING FROM THE NIH AND OTHER ENTITIES TO CONTINUE THE RESEARCH STARTED WITH OUR GRANTS. THE AMERICAN BRAIN FOUNDATION ALSO CONTINUED TO LEAD THE DEVELOPMENT AND FUNDING OF AN INITIATIVE TO FIND A BIOMARKER FOR THE EARLY DIAGNOSIS OF LEWY BODY DEMENTIA WITH PARTNERS THE ALZHEIMER'S ASSOCIATION, THE MICHAEL J. FOX FOUNDATION, AND THE AMERICAN ACADEMY OF NEUROLOGY. WE EXPECT THIS RESEARCH TO LEAD TO MORE CLARITY AND EFFECTIVE THERAPIES FOR PEOPLE STRUGGLING WITH LBD, AND TO INCREASE OUR UNDERSTANDING OF OTHER NEURODEGENERATIVE BRAIN DISEASES, SUCH AS ALZHEIMER'S DISEASE AND PARKINSON'S DISEASE.
Expenses $2,724,665 · Grants $2,384,275
-
PUBLIC OUTREACH: THE AMERICAN BRAIN FOUNDATION CONTINUED TO INVEST IN A LARGE-SCALE PUBLIC AWARENESS CAMPAIGN WITH THE PURPOSE OF EDUCATING THE PUBLIC ABOUT THE NEED FOR BRAIN DISEASE RESEARCH. THE MULTI-CHANNEL CAMPAIGN PROVIDED RESOURCES AND INFORMATION ABOUT BRAIN DISEASES AND DISORDERS, THE LATEST BRAIN RESEARCH NEWS, AND STORIES FROM PATIENTS AND CAREGIVERS. THE AMERICAN BRAIN FOUNDATION PRODUCED FREE MONTHLY WEBINARS WITH NEUROLOGY EXPERTS FOR THE PUBLIC ON TOPICS SUCH AS DEEP BRAIN STIMULATION, SLEEP AND THE BRAIN, AND MIGRAINE RESEARCH AND TREATMENT.
Expenses $620,966
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MICHELLE HERITAGE
EXECUTIVE DIRECTOR
- Total calculated
- $296,892
- From this org
- $262,990
- From related orgs
- $0
- Other
- $33,902
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $258,213
- Bonus
- $3,494
- Other
- $1,283
- Deferred
- $26,290
- Nontaxable benefits
- $7,612
- Filer's total
- $296,892
-
JULIA MGLETS-NELSON
DIRECTOR, RESEARCH PROGRAMS & PARTNERSHIPS
- Total calculated
- $134,317
- From this org
- $123,111
- From related orgs
- $0
- Other
- $11,206
- Hours/week
- 40
-
EMILY CHRISTIAN
DEPUTY DIRECTOR
- Total calculated
- $177,591
- From this org
- $165,667
- From related orgs
- $0
- Other
- $11,924
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $74,828
- Bonus
- $34,351
- Other
- $56,488
- Deferred
- $8,118
- Nontaxable benefits
- $3,806
- Filer's total
- $177,591
-
DAVID D DODICK
CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
SEAN SANSIVERI
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 0.5
-
BEN LENAIL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES ESSEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
JACQUELINE FRENCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
PHYLLIS C ZEE
EX OFFICIO VOTING DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALFREDO QUINONES-HINOJOSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
THABELE LESLIE-MAZWI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RONALD C PETERSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RALPH R LESLIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOANNE L SMIKLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MERIT CUDKOWICZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MATTHEW S PICARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STEPHEN L HOUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN POHLAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ALYX B PORTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
FRANCES JENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
AMERICAN ACADEMY OF NEUROLOGY INSITUTE
$2,384,275
CLINICAL RESEARCH TRAINING SCHOLARSHIPS, SCIENTIFIC AWARDS, AND NON SCIENTIFIC AWARDS FOR WORK ON DISEASES OF THE BRAIN AND NERVOUS SYSTEM.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543159349305399
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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