HEFFTER RESEARCH INSTITUTE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HEFFTER RESEARCH INSTITUTE (EIN 85-1073501)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349303770
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T10:23:23-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 203746583 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR ROTH AND COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 GRANT ST STE 205 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 802032944 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 851073501 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEFFTER RESEARCH INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HEFF | BusinessNameControlTxt |
| Phone | 2122388786 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 EAST PUTNAM AVENUE SUITE 413 | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 068305424 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE GREER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2122388786 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHANNON L GILLILAND | PreparerPersonNm |
| PTIN | P02243875 | PTIN |
| Phone | 3038308109 | PhoneNum |
| Preparation | 2024-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GEORGE GREER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 EAST PUTNAM AVENUE SUITE 413 | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 068305424 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $181,052 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HEFFTER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SCIENTIFIC RESEARCH TO RELIEVE SUFFERING AND TO UNDERSTAND THE HUMAN MIND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $448,148 | PYContributionsGrantsAmt |
| CY Contributions Grants | $174,485 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,173 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,567 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $450,321 | PYTotalRevenueAmt |
| CY Total Revenue | $181,052 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $988,864 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $386,960 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,350 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,025 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,460 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $34,195 | PYOtherExpensesAmt |
| CY Other Expenses | $17,543 | CYOtherExpensesAmt |
| PY Total Expenses | $1,025,409 | PYTotalExpensesAmt |
| CY Total Expenses | $406,528 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$575,088 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$225,476 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,233,990 | TotalAssetsBOYAmt |
| Total Assets EOY | $618,660 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $647,422 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $476,000 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $586,568 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $142,660 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OUR MISSION IS TO PROMOTE RESEARCH OF THE HIGHEST SCIENTIFIC QUALITY IN ORDER TO CONTRIBUTE TO A GREATER UNDERSTANDING OF THE MIND, LEADING TO THE IMPROVEMENT OF THE HUMAN CONDITION, AND TO ALLEVIATE SUFFERING. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $398,176 | ExpenseAmt |
| Grant | $386,960 | GrantAmt |
| Desc | SINCE ITS INCEPTION, HRI HAS BEEN HELPING TO DESIGN, REVIEW, AND FUND THE LEADING STUDIES ON PSILOCYBIN AT PROMINENT RESEARCH INSTITUTIONS IN THE UNITED STATES AND EUROPE. HRIS RESEARCH HAS EXPLORED PSILOCYBIN FOR THE TREATMENT OF CANCER-RELATED DISTRESS AND ADDICTION AND FOR BASIC SCIENCE RESEARCH INTO THE PHYSIOLOGY OF BRAIN ACTIVITY, COGNITION, AND BEHAVIOR. THE RESULTS OF THESE STUDIES AND RESEARCH ARE SUBMITTED FOR PUBLICATION IN RECOGNIZED SCIENTIFIC JOURNALS. IN 2023, HRI PAID AND/OR PLEDGED OVER 486,960 IN GRANTS TO ADVANCE SCIENTIFIC CAUSES. | Desc |
| Total Program Service Expenses | $398,176 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGAN BUTLER | PersonNm |
| Phone | 2035547725 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 EAST PUTNAM AVENUE 413 | AddressLine1Txt |
| City | GREENWICH | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 068305424 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GEORGE GREER | ||||||
| PRESIDENT | 5.00 | Yes (X) | Yes (X) | $2,025 | $0 | $0 |
| MARK A GEYER PHD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| STEVEN GRANT PHD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CHARLES GROB MD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DENNIS J MCKENNA PHD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CHARLES D NICHOLS PHD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JANIS PHELPS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KATRIN PRELLER PHD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| T CODY SWIFT | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CAREY TURNBULL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CLAUDIA TURNBULL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| FRANZ X VOLLENWEIDER MD | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| DAVID E NICHOLS PHD | ||||||
| VICE PRESIDE | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,025 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $174,485 | AllOtherContributionsAmt |
| Total Contributions | $174,485 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,567 | TotalRevenueColumnAmt |
| Exclusion | $6,567 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $181,052 | TotalRevenueColumnAmt |
| Exclusion | $6,567 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,800 | TotalAmt |
| Program Services | $276,800 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,500 | TotalAmt |
| Program Services | $5,500 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,660 | TotalAmt |
| Program Services | $104,660 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,025 | TotalAmt |
| Program Services | $810 | ProgramServicesAmt |
| Management And General | $810 | ManagementAndGeneralAmt |
| Fundraising | $405 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250 | TotalAmt |
| Management And General | $3,250 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,051 | TotalAmt |
| Program Services | $9,051 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202 | TotalAmt |
| Program Services | $81 | ProgramServicesAmt |
| Management And General | $81 | ManagementAndGeneralAmt |
| Fundraising | $40 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,265 | TotalAmt |
| Program Services | $506 | ProgramServicesAmt |
| Management And General | $506 | ManagementAndGeneralAmt |
| Fundraising | $253 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31 | TotalAmt |
| Program Services | $12 | ProgramServicesAmt |
| Management And General | $12 | ManagementAndGeneralAmt |
| Fundraising | $7 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,511 | TotalAmt |
| Program Services | $756 | ProgramServicesAmt |
| Fundraising | $755 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,233 | TotalAmt |
| Management And General | $2,233 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,528 | TotalAmt |
| Program Services | $398,176 | ProgramServicesAmt |
| Management And General | $6,892 | ManagementAndGeneralAmt |
| Fundraising | $1,460 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,817 | BOYAmt |
| EOY | $420,341 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,173 | BOYAmt |
| EOY | $198,319 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,233,990 | BOYAmt |
| EOY | $618,660 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $647,422 | BOYAmt |
| EOY | $476,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $647,422 | BOYAmt |
| EOY | $476,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $586,568 | BOYAmt |
| EOY | $142,660 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $586,568 | BOYAmt |
| EOY | $142,660 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,233,990 | BOYAmt |
| EOY | $618,660 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$225,476 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$218,432 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $941,935 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $875,661 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $448,148 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $174,485 | CurrentTaxYearAmt |
| Total | $2,440,229 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $941,935 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $875,661 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $448,148 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $174,485 | CurrentTaxYearAmt |
| Total | $2,440,229 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,670,308 | SubstantialContributorsTotAmt |
| Public Support Total170 | $769,921 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $15 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,073 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,173 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,567 | CurrentTaxYearAmt |
| Total | $15,828 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,456,057 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SUPPLEMENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | SCHEDULE A, PUBLIC SUPPORT TEST, SHORT YEAR: THE ORGANIZATIONS INITIAL TAX YEAR COVERED THE REPORTING PERIOD OF MAY 8, 2020 TO DECEMBER 31, 2020. ACCORDINGLY, THE ORGANIZATIONS INITIAL TAX YEAR, AS REPORTED ON ITS 2020 FORM 990, WAS A SHORT-YEAR TAX RETURN, AND THE 2020 COLUMN ON SCHEDULE A, PART II, THEREFORE REPRESENTS A SHORT TAX YEAR. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| EAST ASIA AND THE PACIFIC - AUSTRALIA | PROGRAM SERVICES | MEDICAL RESEARCH | $75,000 |
| EUROPE - NETHERLANDS | PROGRAM SERVICES | MEDICAL RESEARCH | $24,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $99,000 | SubtotalSpentAmt |
| Total Spent | $99,000 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)
| Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|
| MEDICAL RESEARCH | $75,000 | WIRE TRANSFER |
| MEDICAL RESEARCH | $24,000 | WIRE TRANSFER |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 2 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|---|
| TRAVEL GRANT-MEDICAL RES | NORTH AMERICA - CANADA | 1 | $1,500 |
| TRAVEL GRANT-MEDICAL RES | EUROPE - ENGLAND | 1 | $1,430 |
| TRAVEL GRANT-MEDICAL RES | EUROPE - NETHERLANDS | 2 | $2,730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE F, PAGE 1, PART I, LINE 2 | THE INSTITUTE MANDATES THAT ALL GRANT RECIPIENTS MUST SUBMIT TO THE INSTITUTE STATUS REPORTS AND PROGRESS-SUMMARIES ON ANY RESEARCH OR PROJECTS FUNDED BY INSTITUTE-GRANTS. SUCH REPORTS ARE PROVIDED TO THE PRESIDENT OF THE INSTITUTES BOARD OF DIRECTORS ON A REGULAR BASIS. IN TURN, THE PRESIDENT PROVIDES THESE REPORTS TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR OWN REVIEW. |
| SCHEDULE F, PAGE 1, PART I, LINE 3 | EAST ASIA AND THE PACIFIC - AUSTRALIA 75,000 0 EUROPE - NETHERLANDS 24,000 0 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| NYU SCHOOL OF MEDICINE | |||||||
| 70 WASHINGTON SQUARE SOUTH | NEW YORK | NY | 10012 | 135562308 | GOV | $201,800 | MEDICAL RESEARCH |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 OAK STREET SE SUITE 500 | MINNEAPOLIS | MN | 55455 | 416042488 | 501C3 | $75,000 | MEDICAL RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TRAVEL - MEDICAL RESEARCH | GrantTypeTxt |
| Recipient | 4 | RecipientCnt |
| Cash Grant | $5,500 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE MANDATES THAT ALL GRANT RECIPIENTS MUST SUBMIT TO THE INSTITUTE STATUS REPORTS AND PROGRESS-SUMMARIES ON ANY RESEARCH OR PROJECTS FUNDED BY INSTITUTE-GRANTS. SUCH REPORTS ARE PROVIDED TO THE PRESIDENT OF THE INSTITUTES BOARD OF DIRECTORS ON A REGULAR BASIS. IN TURN, THE PRESIDENT PROVIDES THESE REPORTS TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, PART I, LINE 6 | THE BOARD OF DIRECTORS SERVE IN A VOLUNTEER CAPACITY. |
| FORM 990, PAGE 6, PART VI, LINE 2 | CAREY TURNBULL DIRECTOR SPOUSE CLAUDIA TURNBULL DIRECTOR SPOUSE |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND IS THEN REVIEWED BY THE FINANCIAL COMMITTEE, WHICH IS COMPOSED OF THE BOARDS PRESIDENT AND TREASURER. PRIOR TO FILING THE FORM 990, ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN, WITH INSTRUCTIONS DRAWING THEIR ATTENTION TO CERTAIN ASPECTS OF THE FORM. BOARD MEMBERS ARE STRONGLY ENCOURAGED TO REVIEW THE RETURN, ASK QUESTIONS, AND TO PROVIDE FEEDBACK. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY-STATEMENT EACH YEAR, AND TO IDENTIFY ON THIS FORM ANY DIRECT OR INDIRECT CONFLICTS THAT MAY EXIST. IF A BOARD MEMBER HAS A DIRECT OR INDIRECT CONFLICT OF INTEREST, THE MEMBER IS REQUIRED TO RECUSE THEMSELVES FROM ANY DELIBERATIONS AND DECISION-MAKING THAT IS RELATED TO THE CONFLICT. ALL RECUSALS ARE DOCUMENTED IN THE MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE CHAIR OF THE INSTITUTES BOARD ALSO SERVES THE ORGANIZATION AS ITS MEDICAL DIRECTOR, AND IS COMPENSATED AT A CONTRACTED RATE OF 129 PER HOUR. THE RATE WAS DETERMINED BY COMPARING THE CHAIRS ROLE, EXPERTISE, AND SERVICES OFFERED TO THOSE OF DR. MICHAEL BOGENSCHUTZ WHILE DR. BOGENSCHUTZ WAS SERVING AS THE DIRECTOR OF PSYCHIATRIC RESEARCH AT THE UNIVERSITY OF NEW MEXICO IN 2015; AT SUCH TIME, DR. BOGENSCHUTZ WAS COMPENSATED AT A RATE OF 150 PER HOUR. THE BOARD DETERMINED THAT DR. BOGENSCHUTZS ROLE WITH THE UNIVERSITY OF NEW MEXICO WAS SIMILAR IN NATURE TO THE INSTITUTES CHAIR AND MEDICAL DIRECTOR POSITION; ACCORDINGLY, THE BOARD BASED THE COMPENSATION PAID TO ITS CHAIR ON THIS RATE. THE ACTING-CHAIR DID NOT PARTICIPATE IN THIS DELIBERATION AND SUBSEQUENT DECISION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE INSTITUTES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST (POSTAGE AND PRINTING CHARGES INCURRED WHILE PROVIDING THE REQUESTED MATERIALS WILL BE APPLIED). INDIVIDUALS MAY REQUEST DOCUMENTS BY PHONE, MAIL, OR EMAIL. |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD ADJUSTMENT -218,432 |
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