2016-02-10T16:50:18-06:00 2015-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2014-07-01 362477928 BRAIN RESEARCH FOUNDATION BRAI 3127595160 111 W WASHINGTON ST NO 1710 CHICAGO IL 60602 PETER B POND CHAIR 3127595160 2016-02-04 1 KIMBERLY A HAUMANN P00546491 3122071040 2014 2016-08-17 19:52:53Z PETER B POND 111 W WASHINGTON ST NO 1710 CHICAGO IL 60602 10551326 0 X WWW.THEBRF.ORG X 1953 IL THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS. 20 20 6 20 0 0 1247970 977067 0 0 1709074 1828916 -114149 -84541 2842895 2721442 1457662 1539919 0 0 429836 497526 0 0 359678 461120 500986 2348618 2538431 494277 183011 16922721 16790452 298199 799091 16624522 15991361 THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS. 0 0 74688 2552 THE BRAIN RESEARCH FOUNDATION USES PROMOTIONS, MARKETING, AND PRINTED MATERIALS TO RAISE FUNDS FOR RESEARCH ON BRAIN-RELATED ILLNESSES AND TO EDUCATE THE PUBLIC ABOUT NEUROLOGICAL DISORDERS AND THE FOUNDATION ITSELF. OUR FUNDRAISING EFFORTS ARE TO HELP THE OVER 50 MILLION AMERICANS AFFLICTED WITH NEUROLOGICAL DISORDERS. 1660671 1537367 THE BRAIN RESEARCH FOUNDATION SUPPORTS PROFESSIONAL TRAINING, EDUCATION, AND RESEARCH BY PROVIDING START-UP MONEY FOR INNOVATIVE NEUROSCIENCE RESEARCH PROJECTS ACROSS THE BROAD SPECTRUM OF THESE ILLNESSES, INCLUDING BUT NOT LIMITED TO: ALS (LOU GEHRIG'S DISEASE), ALZHEIMER'S DISEASE, ATTENTION DEFICIT DISORDER, AUTISM, BIPOLAR DISORDER, DEPRESSION AND ANXIETY, EPILEPSY, HEAD INJURIES, PARKINSON'S DISEASE, SCHIZOPHRENIA, AND STROKE. ADVANCING SCIENCE IN THESE AREAS WILL HELP ALL HUMANS AFFLICTED WITH NEUROLOGICAL DISORDERS. 281055 THE BRAIN RESEARCH FOUNDATION SUPPORTS EDUCATIONAL PROGRAMS FOR RESEARCHERS AND THE GENERAL PUBLIC THROUGH OUR WEBSITE, PRINTED MATERIALS AND SEMINARS. BRF SPONSORS AN ANNUAL NEUROSCIENCE DAY, WHICH EDUCATES RESEARCHERS WORKING ON THE BRAIN AND NERVOUS SYSTEM. THE FOUNDATION EDUCATES THE PUBLIC ON SUCH TOPICS AS AUTISM, STROKE AND SPORTS-RELATED BRAIN INJURIES. 2016414 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X VYTO JONYNAS 3127595150 111 W WASHINGTON ST SUITE 1710 CHICAGO IL 606022858 RICHARD M KOHN CHAIR 0.50 X X 0 0 0 NORMAN R BOBINS VICE CHAIR, D&F CHAIR 0.50 X X 0 0 0 NATHAN T HANSEN BOARD AFFAIRS CHAIR 1.00 X X 0 0 0 DIANE JASTROMB SECRETARY 0.30 X X 0 0 0 PETER J ESCHENBACH TREASURER 0.50 X X 0 0 0 DAVID H FISHBURN F&I CHAIR 0.50 X X 0 0 0 BENNETT L LEVENTHAL RESEARCH CHAIR 0.50 X X 0 0 0 KATHERINE A THOMPSON ASSOCIATE BOARD LIAISON 0.50 X X 0 0 0 DANIEL P SHAPIRO PROGRAMS CHAIR 0.30 X X 0 0 0 MARY H SMART MARKETING COMM. CHAIR 0.50 X X 0 0 0 RICHARD A CHAIFETZ TRUSTEE 0.50 X 0 0 0 C BRANT AHRENS TRUSTEE 0.30 X 0 0 0 ROB MALENKA TRUSTEE 0.30 X 0 0 0 ROBERT D GLICK TRUSTEE 0.30 X 0 0 0 LINDA H HEAGY TRUSTEE 0.30 X 0 0 0 SUSAN MORAN TRUSTEE 0.30 X 0 0 0 KEVIN P LAVENDER TRUSTEE 0.30 X 0 0 0 PETER B POND TRUSTEE 0.30 X 0 0 0 KATHRYN G JOHNSON TRUSTEE 0.30 X 0 0 0 THOMAS A REYNOLDS III TRUSTEE 0.30 X 0 0 0 TERRE A CONSTANTINE EXECUTIVE DIRECTOR/CEO 40.00 X 184931 0 51522 184931 0 51522 1 0 1 0 0 496330 480737 54864 977067 536660 536660 8949454 7657198 1292256 1292256 1292256 88145 496330 172686 -84541 -84541 2721442 0 0 1744375 1539919 1539919 276170 26897 77520 171753 139354 139354 55759 22309 10403 23047 26243 10501 4896 10846 28643 11460 5343 11840 63181 25278 11787 26116 1585 634 296 655 15604 6244 2911 6449 4918 1968 917 2033 46073 18434 8595 19044 3615 1446 675 1494 2521 1008 470 1043 1823 729 340 754 6685 2674 1247 2764 EDUCATIONAL PROJECTS 151081 137438 4243 9400 MARKETING 125998 50412 23506 52080 PUBLICATIONS 20969 8389 3912 8668 MISCELLANEOUS 14763 5907 2754 6102 13527 5413 2524 5590 2538431 2016414 162339 359678 133776 80659 18351 457854 127500 24152 120484 116959 4346 3525 16736896 16115714 5200 5200 16922721 16790452 8199 134091 290000 665000 298199 799091 X 14277593 13699593 846929 791768 1500000 1500000 16624522 15991361 16922721 16790452 183011 -816172 0 X 0 1 X 1 0 X 2681334 990552 1204568 1247970 977067 7101491 2681334 990552 1204568 1247970 977067 7101491 1897993 5203498 401437 448437 553056 487106 536660 2426696 19402 19402 9547589 3382115 0.54500 0.53700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1909329 97096 203777 1802648 1682635 328761 79984 22083 1909329 1614629 167819 77880 21933 1682635 1671330 45977 80210 22468 1614629 1500000 171330 1671330 0.83200 0.16800 0 0 67350 63825 3525 53134 53134 0 3525 X 1905270 -816172 -816172 2721442 0 2721442 2538431 0 2538431 0 2538431 PART V, LINE 4: THE FOUNDATION ESTABLISHED THE HELEN M. MCLORAINE NEUROSCIENCE RESEARCH FUND TO SUPPORT RESEARCH IN THE FIELD OF DEMENTIA, WITH A FOCUS ON ATYPICAL DEMENTIA. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME EXAMINATIONS FOR YEARS PRIOR TO FISCAL YEAR 2012. ANNUAL BENEFIT 549845 491330 58515 155100 ROTR PARTY 26605 5000 21605 12596 1 8025 8025 5000 584475 496330 88145 172696 172696 -84551 1 BRAIN RESEARCH GRANTS 24 1539919 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO REPORT BACK TO THE FOUNDATION WITH A SUMMARY OF RESEARCH PROGRESS AND A FINANCIAL REPORT DETAILING EXPENDITURES. THERE ARE SPECIFIC FUNDING POLICIES AND RESEARCH PROTOCOL INVOLVED. BY SIGNING THE INITIAL APPLICATION AT THE BEGINNING OF THE GRANT PROCESS, THE CHOSEN RECIPIENTS ARE ACKNOWLEDGING THESE STIPULATIONS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 TERRE A CONSTANTINE EXECUTIVE DIRECTOR/CEO 172931 0 12000 0 0 0 39717 0 11805 0 236453 0 0 0 PART I, LINE 1A PROVIDES SOCIAL CLUB DUES TO THE UNIVERSITY CLUB OF CHICAGO FOR THE EXECUTIVE DIRECTOR OF BRAIN RESEARCH FOUNDATION. THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AND IS REIMBURSED TO THE ORGANIZATION IF NOT USED FOR BUSINESS PURPOSES. X 1 50273 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBER KATHY THOMPSON IS A MANAGING DIRECTOR AT THE SAME COMPANY THAT BOARD MEMBER NORM BOBINS IS A NON-EXECUTIVE CHAIRMAN. KATHY THOMPSON REPORTS DIRECTLY TO NORM BOBINS AT THE OTHER, NON-RELATED COMPANY. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST TO THE BOARD OF TRUSTEES, ACCORDING TO THE BY-LAWS OF THE ORGANIZATION, WHICH ALSO ALLOW FOR THE REMOVAL OF AN OFFICER IF IT IS IN THE BEST INTEREST OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES AND VOTES ON COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ALL OTHER EMPLOYEES OF THE BRAIN RESEARCH FOUNDATION. A SPECIAL MEETING OF THE EXECUTIVE COMMITTEE WAS HELD TO REVIEW COMPENSATION DATA PROVIDED BY THE "2013 CHARITY NAVIGATOR CEO COMPENSATION STUDY" TO DETERMINE THE SALARY FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.