BRAIN RESEARCH FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- BRAIN RESEARCH FOUNDATION (EIN 36-2477928)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-03-14
- IRS object ID
- 201100739349300910
- Schema version
- 2009v1.7
- 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) |
|---|---|---|
| Timestamp | 2011-03-14T16:09:22-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACKMAN KALLICK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362477928 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRAIN RESEARCH FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRAI | NameControl |
| Phone | 3127595160 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 W WASHINGTON ST No 1710 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NATHAN HANSEN | Name |
| Title | PRESIDENT | Title |
| Phone | 3127595160 | Phone |
| Date Signed | 2011-03-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIMBERLY HAUMANN | Name |
| Phone | 3122071040 | Phone |
| Date Prepared | 2011-03-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NATHAN HANSEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 W WASHINGTON ST No 1710 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4320527 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.brainresearchfdn.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1953 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 28 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 668882 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 456738 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 120471 | InvestmentIncomePriorYear |
| Investment Income Current Year | 448648 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 368 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 789353 | TotalRevenuePriorYear |
| Total Revenue Current Year | 905754 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1045665 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 569139 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 323140 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 338846 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 131151 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 199540 | OtherExpensePriorYear |
| Other Expenses Current Year | 303426 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1568345 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1211411 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -778992 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -305657 | RevenuesLessExpensesCY |
| Total Assets BOY | 9415655 | TotalAssetsBOY |
| Total Assets EOY | 11155855 | TotalAssetsEOY |
| Total Liabilities BOY | 1023667 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 122587 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8391988 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11033268 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE FOUNDATION IS COMMITTED TO SUPPORTING NEUROSCIENCE RESEARCH THAT LEADS TO ADVANCES IN UNDERSTANDING OF BRAIN FUNCTION AND TREATMENT OF BRAIN-RELATED DISORDERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 49132 | Expense |
| Grants | 3000 | Grants |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 640355 | Expense |
| Grants | 525000 | Grants |
| Description | 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, Parkinsons disease, schizophrenia, and stroke. Advancing science in these areas will help all humans afflicted with neurological disorders. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 71432 | Expense |
| Description | 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 760919 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRISTINE THOMPSON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3127595156 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 W WASHINGTON ST SUITE 1710 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606022858 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| WILLIAM E FAY JR | ||||||
| CHAIRMAN EMERITUS | 0.50 | X | X | 0 | 0 | 0 |
| John D Mabie | ||||||
| Honorary Vice Chairman | 0.50 | X | X | 0 | 0 | 0 |
| Thomas A Reynolds III | ||||||
| Chairman | 0.50 | X | X | 0 | 0 | 0 |
| Robert J Winter Jr | ||||||
| Vice Chairman | 0.50 | X | X | 0 | 0 | 0 |
| Nathan T Hansen | ||||||
| President | 1.00 | X | X | 0 | 0 | 0 |
| NORMAn R Bobins | ||||||
| Vice President | 0.50 | X | X | 0 | 0 | 0 |
| David H Fishburn | ||||||
| Treasurer | 0.50 | X | X | 0 | 0 | 0 |
| Jean D Jernstedt | ||||||
| Secretary | 0.50 | X | X | 0 | 0 | 0 |
| John M McDonough | ||||||
| Development Committee Chai | 0.50 | X | X | 0 | 0 | 0 |
| RIChard J Daly | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| PETER J Eschenbach | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| KATHRyn G Johnson | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| RICHARD M KOHN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| BENNett L Leventhal | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| SUZANNE M K MOSKOW | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JOHN M Peterman | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| KATHERine A Thompson | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MARY J BEATTLE | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| JAMES L CLAUS | ||||||
| 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 | |
| ROBERT S JOHNSON | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| PATRICIA B KOLDYKE | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| ROBERT A MANN | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| MARCO A MORENO | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| Peter B Pond | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| MARY H SMART | ||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | |
| terre a sharma phd | ||||||
| executive director | 37.50 | X | 141026 | 0 | 44938 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 141026 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 44938 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 1715 | FundraisingEvents |
| All Other Contributions | 455023 | AllOtherContributions |
| Total Contributions | 456738 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 521583 | TotalRevenueColumn |
| Exclusion | $521,583 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3332206 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3405141 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -72935 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -72935 | TotalRevenueColumn |
| Exclusion | -$72,935 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 10000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1715 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 9632 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 368 | TotalRevenueColumn |
| Exclusion | $368 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 905754 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $449,016 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 569139 | Total |
| Program Services | 569139 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185964 | Total |
| Program Services | 55529 | ProgramServices |
| Management And General | 92461 | ManagementAndGeneral |
| Fundraising | 37974 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76632 | Total |
| Program Services | 22883 | ProgramServices |
| Management And General | 38101 | ManagementAndGeneral |
| Fundraising | 15648 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31701 | Total |
| Program Services | 9466 | ProgramServices |
| Management And General | 15762 | ManagementAndGeneral |
| Fundraising | 6473 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29633 | Total |
| Program Services | 8848 | ProgramServices |
| Management And General | 14734 | ManagementAndGeneral |
| Fundraising | 6051 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14916 | Total |
| Program Services | 4454 | ProgramServices |
| Management And General | 7416 | ManagementAndGeneral |
| Fundraising | 3046 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26897 | Total |
| Program Services | 8031 | ProgramServices |
| Management And General | 13374 | ManagementAndGeneral |
| Fundraising | 5492 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38628 | Total |
| Program Services | 11534 | ProgramServices |
| Management And General | 19206 | ManagementAndGeneral |
| Fundraising | 7888 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21273 | Total |
| Program Services | 6352 | ProgramServices |
| Management And General | 10577 | ManagementAndGeneral |
| Fundraising | 4344 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4707 | Total |
| Program Services | 1405 | ProgramServices |
| Management And General | 2341 | ManagementAndGeneral |
| Fundraising | 961 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47929 | Total |
| Program Services | 14311 | ProgramServices |
| Management And General | 23831 | ManagementAndGeneral |
| Fundraising | 9787 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1641 | Total |
| Program Services | 490 | ProgramServices |
| Management And General | 816 | ManagementAndGeneral |
| Fundraising | 335 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4560 | Total |
| Program Services | 1361 | ProgramServices |
| Management And General | 2268 | ManagementAndGeneral |
| Fundraising | 931 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6833 | Total |
| Program Services | 2040 | ProgramServices |
| Management And General | 3398 | ManagementAndGeneral |
| Fundraising | 1395 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6060 | Total |
| Program Services | 1809 | ProgramServices |
| Management And General | 3014 | ManagementAndGeneral |
| Fundraising | 1237 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EDUCATIONAL PROJECTS | 97832 | 29213 | 48642 | 19977 |
| RECRUITING AND TRAINING | 13500 | 4032 | 6711 | 2757 |
| MISCELLANEOUS | 10543 | 3148 | 5242 | 2153 |
| PUBLICATIONS | 9648 | 2881 | 4797 | 1970 |
| TELEPHONE | 6149 | 1835 | 3058 | 1256 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7226 | Total |
| Program Services | 2158 | ProgramServices |
| Management And General | 3592 | ManagementAndGeneral |
| Fundraising | 1476 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1211411 | Total |
| Program Services | 760919 | ProgramServices |
| Management And General | 319341 | ManagementAndGeneral |
| Fundraising | 131151 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26851 | BOY |
| EOY | 6578 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2529404 | BOY |
| EOY | 540432 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5500 | BOY |
| EOY | 53500 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 25 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19095 | BOY |
| EOY | 22720 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 105539 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 89021 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23351 | BOY |
| EOY | 16518 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6655803 | BOY |
| EOY | 10460431 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155651 | BOY |
| EOY | 55651 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9415655 | BOY |
| EOY | 11155855 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88750 | BOY |
| EOY | 122587 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 934917 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1023667 | BOY |
| EOY | 122587 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7874223 | BOY |
| EOY | 10682498 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 517765 | BOY |
| EOY | 350770 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8391988 | BOY |
| EOY | 11033268 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9415655 | BOY |
| EOY | 11155855 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1492534 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 917158 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 897670 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 668882 | CurrentTaxYearMinus1Year |
| Current Tax Year | 455023 | CurrentTaxYear |
| Total | 4431267 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1492534 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 917158 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 897670 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 668882 | CurrentTaxYearMinus1Year |
| Current Tax Year | 455023 | CurrentTaxYear |
| Total | 4431267 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 340728 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4090539 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 350451 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 368171 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 318525 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 287199 | CurrentTaxYearMinus1Year |
| Current Tax Year | 321230 | CurrentTaxYear |
| Total | 1645576 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 102850 | CurrentTaxYearMinus2Years |
| Current Tax Year | 2083 | CurrentTaxYear |
| Total | 104933 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 6181776 | TotalSupport |
| Public Support Pertcentage170 | 0.66170 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.72220 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 69405 | OtherCostOrOtherBasis |
| Depreciation | 61826 | Depreciation |
| Book Value | 7579 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36134 | OtherCostOrOtherBasis |
| Depreciation | 27195 | Depreciation |
| Book Value | 8939 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16518 | TotalOfBookValueLandBuildings |
| Total Revenue | 905754 | TotalRevenue |
| Total Expenses | 1211411 | TotalExpenses |
| Excess Or Deficit For Year | -305657 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 962020 | NetUnrealizedGLOnInvestments |
| Other | $1,984,917 | OtherAmount |
| Total Adjustments | 2946937 | TotalAdjustments |
| Excess Or Deficit Per FS | 2641280 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3862014 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 962020 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 9323 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 1984917 | RecoveriesOfPriorYearGrants |
| Revenue Not Rptd F990 | 2956260 | RevenueNotRptdF990 |
| Revenue Subtotal | 905754 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 905754 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1220734 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 9323 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 9323 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1211411 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1211411 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | RETURN OF GRANT FUNDS AND REVERSAL OF LIABILITY: 1984917. |
| PART X, LINE 2 - FIN 48 FOOTNOTE: The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the accompanying financial statements do not reflect income taxes. The Foundation's adoption of the Income Tax Topic regarding uncertain tax positions of GAAPUSA on July 1, 2009 had no effect on its financial position as management believes the Foundation has no material unrecognized income tax benefits, including any potential risk of loss of its not-for-profit tax status. The Foundation would account for any potential interest or penalties related to possible future liabilities for unrecognized income tax benefits as income tax expense. The Foundation is no longer subject to examination by federal, state or local tax authorities for periods before 2007. Prior to adoption of the Income Tax Topic, the Foundation accounted for tax positions under a contingent loss model, requiring recognition of a tax liability when it was both (1) probable that it had been incurred as of year-end and (2) the amount could be reasonably estimated. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | MEDICAL RESEARCH GRANTS | TypeOfGrant |
| Number Of Recipients | 17 | NumberOfRecipients |
| Amount Of Cash Grant | 569139 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | terre a sharma phd | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Base Compensation Filing Org | 140328 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 698 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 44938 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 185964 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | PROVIDES SOCIAL CLUB DUES TO THE UNIVERSITY CLUB OF CHICAGO FOR APPROXIMATELY 30 MEMBERS OF BRAIN RESEARCH FOUNDATION. THE MEMBERSHIP IS USED PRIMARILY FOR BUSINESS PURPOSES AND IS REIMBURSED TO THE ORGANIZATION IF NOT USED FOR BUSINESS PURPOSES. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHN D MABIE | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD MEMBER | Relationship |
| Amount Of Transaction | 38579 | AmountOfTransaction |
| Description Of Transaction | ORGANIZATION PAID $38,579 FOR INVESTMENT MANAGEMENT SERVICES TO MID CONTINENT CAPITAL, LLC. MR. MABIE IS PRESIDENT OF MID-CONTINENT CAPITAL, LLC. MR. MABIE is not involved in any investment decisions made by the BRAIN RESEARCH FOUNDATION. He abstains from voting in agreement with the Foundation's Conflict of Interest policy, while the remaining members of the Board make decisions concerning investment issues. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 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 FORM 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. |
| 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. |