2026-05-15T08:13:24-05:00 2025-06-30 EJO CONSULTING LLC 2101 DARIAN WAY WAXHAW NC 28173 990 2024-07-01 204559210 HOPE FOR DEPRESSION RESEARCH FOUNDATION C/O GRUSS & CO LLC % DAVID ZISLIN - C/O GRUSS & C HOPE 2126763200 40 WEST 57TH STREET STE 1440 NEW YORK NY 100194001 AUDREY GRUSS CHAIRMAN 5615156456 2026-05-15 true ERIC OFTEDAL P01025398 5616320427 2024 2025-03-06 01:10:19Z AUDREY B GRUSS CHAIRMAN 40 WEST 57TH ST STE 1440 NEW YORK NY 100194001 3352342 false X hopefordepression.org X 2006 DE THE FOUNDATION FUNDS RESEARCH TO FIND THE ROOT CAUSES OF AND NEW AND BETTER TREATMENTS FOR DEPRESSION, AS WELL AS PROGRAMS TO RAISE PUBLIC AWARENESS ABOUT THE ILLNESS. 9 7 10 55 0 502468 2107248 2131404 0 0 564745 1220938 0 0 2671993 3352342 5777760 4469123 0 0 991415 941827 0 0 1576854 1700264 1865788 8469439 7276738 -5797446 -3924396 44089416 39419091 5323270 5260288 38766146 34158803 X OUR MISSION IS TWO-FOLD: FIRST AND FOREMOST HDRF FUNDS THE MOST INNOVATIVE NEUROSCIENCE RESEARCH INTO THE ORIGINS, DIAGNOSIS, TREATMENT AND PREVENTION OF DEPRESSION AND ITS RELATED MOOD DISORDERS BIPOLAR DISORDER, POSTPARTUM DEPRESSION, POST-TRAUMATIC STRESS DISORDER, ANXIETY DISORDER AND SUICIDE. OUR SECOND GOAL IS TO RAISE AWARENESS OF DEPRESSION AS A MEDICAL ILLNESS AND TO EDUCATE THE PUBLIC ABOUT THE FACTS OF DEPRESSION. WE EDUCATE AND INFORM IN ORDER TO HELP REMOVE THE STIGMA OF DEPRESSION. ********************************************************************* ********************************************************************* false false 5086339 4469123 THE FOUNDATION WAS INCORPORATED TO FUND THE MOST INNOVATIVE NEUROSCIENCE RESEARCH INTO THE ORIGINS, DIAGNOSIS, TREATMENT AND PREVENTION OF DEPRESSION AND ITS RELATED MOOD DISORDERS- BIPOLAR DISORDER, POSTPARTUM DEPRESSION, POST-TRAUMATIC STRESS DISORDER, ANXIETY DISORDER AND SUICIDE. ****************************************************************** 5086339 true true false false false false false false false true false false false true true false true false false false false true false false true false false true false true false false false true false false false false true false false false false true false false false true 29 0 true 10 true true true false false false false true true false false false false false false X 9 7 true false false false true true true true false false false false true true true false true true true false AL AK AZ CO CT FL GA HI KS KY LA ME MD MI MO NH NJ NM NY NC OH OK OR PA SC TN VA WA WI X DAVID ZISLIN - CO GRUSS C 2124464244 40 WEST 57TH STREET SUITE 1440 NEW YORK NY 100194001 X LOUISA BENTON EXECUTIVE DIRECTOR 40.0 0.0 X X X 301810 0 0 AUDREY B GRUSS CHAIRMAN & DIRECTOR 20.0 0.0 X X 0 0 0 DR HAROLD W KOENIGSBERG DIRECTOR 2.0 0.0 X 0 0 0 DAVID ZISLIN VICE PRESIDENT / TREASURER 1.0 0.0 X X 0 0 0 DR STEVEN P ROOSE DIRECTOR 2.0 0.0 X 0 0 0 DR ROBERT MICHELS DIRECTOR 2.0 0.0 X 0 0 0 DR DAVID KAHN DIRECTOR 2.0 0.0 X 0 0 0 MARTIN D GRUSS SENIOR VICE PRESIDENT 1.0 0.0 X X 0 0 0 BHASH LALTA VICE PRESIDENT / SECRETARY 1.0 0.0 X 0 0 0 COURTNEY KEEMSS ASSISTANT SECRETARY 1.0 0.0 X 0 0 0 301810 0 0 1 false true false 0 1725876 405528 2131404 0 1220938 1220938 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3352342 1220938 3660611 3660611 0 808512 808512 0 301810 105634 105634 90542 0 460328 161115 161115 138098 0 126403 44241 44241 37921 53286 18650 18650 15986 0 21740 21740 137000 137000 0 0 0 467957 14100 41588 412269 18619 2673 0 15946 59839 1596 34760 23483 41798 0 37266 4532 0 0 171422 73412 1625 96385 0 0 0 0 0 12107 0 12107 0 EQUIPMENT RENTAL 32942 9774 0 23168 MEALS & ENTERTAINMENT 47085 18629 940 27516 RECRUITING AND LOCATING 57137 19998 19998 17141 EVENT EXPENSE 512900 58751 0 454149 285242 88643 -23119 219718 7276738 5086339 613545 1576854 199178 302689 7687 79307 59842 2317 0 0 0 0 0 0 0 0 0 0 175879 333215 58652 58652 0 0 200830 236381 0 0 0 0 0 0 43446000 38465182 44089416 39419091 39319 440318 4864817 4502363 130995 197735 0 0 0 0 0 0 0 0 0 0 288139 119872 5323270 5260288 X -4679854 -4306197 43446000 38465000 38766146 34158803 44089416 39419091 X -3924396 535697 -1218644 X false true X true false X 4312730 2132232 1683151 2107248 2131404 12366765 0 0 4312730 2132232 1683151 2107248 2131404 12366765 300000 12066765 2554218 5803525 1700410 564745 1219046 11841944 0 0 24208709 0.49845 0.80695 X EXCLUDED CONTRIBUTIONS SCHEDULE A - THE FOUNDATION RECEIVED DONATED OFFICE SPACE OF $113,473 , AND MANAGEMENT SERVICES, AND PROMOTIONAL MATERIALS WITH A MARKET VALUE OF $78,053 DURING THE CURRENT FISCAL YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43446000 -4981000 38465000 46696000 -3250000 43446000 50046000 -3350000 46696000 56254000 -6208000 50046000 32623357 23630643 56254000 false true true EVERGREEN INST. PARTNERS LP 38465000 RECEIVABLES 182 38465182 0 DUE TO AFFILIATE 119872 119872 2860921 535698 191525 727223 2133698 1218644 1218644 3352342 7468264 191526 191526 7276738 7276738 SCHEDULE D PART XIII- SUPPLEMENTAL INFORMATION FOR AUDIT / BOOK PURPOSES, THE INVESTMENT IN EVERGREEN INSTITUTIONAL PARTNERS LP IS ADJUSTED EACH FISCAL YEAR BY A MARK-TO-MARKET ADJUSTMENT WITH A CORRESPONDING UNREALIZED GAIN/LOSS ON THE INCOME STATEMENT. FOR TAX PURPOSES, THE INCOME ON THE FORM K-1 IS REPORTED ON FORM 990 PART VIII STATEMENT OF REVENUE BUT NOT REFLECTED ON THE AUDITED FINANCIALS. Europe (Including Iceland and Greenland) DEPRESSION RESEARCH 391760 CASH North America DEPRESSION RESEARCH 416752 CASH 2 true false false false false false PART I QUESTION 2: HDRF RECEIVES A GRANT PROPOSAL WHICH INCLUDES RESEARCH METHODS AND PROTOCOLS TO BE USED AND A BUDGET. FOR MULTI-YEAR GRANTS, INTERIM REPORTS AND FINANCIALS ARE REVIEWED PRIOR TO ADDITIONAL FUNDING BEING AUTHORIZED. AT THE END OF THE GRANT, FINAL RESEARCH REPORTS WITH RESULTS AND FINANCIAL STATEMENTS ARE SUBMITTED TO HDRF. FOLLOW-UP REPORTS ARE EXPECTED WITH FURTHER ANALYSIS OF THE RESULTS AND DETAILS OF ANY PUBLICATION OF THE RESEARCH. PART IV QUESTION 1: THE TAXPAYER MADE A TRANSFER TO THE DOUGLAS UNIVERSITY MENTAL HEALTH INSTITUTE, [MCGILL UNIVERSITY] AND TO THE MAX-PLANK INSTITUTE OF PSYCHIATRY. THE TRANSFER WAS FOR RESEARCH GRANTS AND TAXPAYER ACQUIRED NO INTEREST IN THE ENTITY. THEREFORE, FORM 926, RETURN BY A U.S. TRANSFEROR OF PROPERTY TO A FOREIGN CORPORATION IS NOT REQUIRED TO BE FILED. LUNCHEON 580384 580384 251428 WALK-PB 747433 747433 453190 2 398059 398059 270629 1725876 1725876 975247 975247 750629 true ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE LEVY PLACE BX 1075 NEW YORK NY 10029 136171197 501(c)3 959012 DEPRESSION RESEARCH RESEARCH FOUNDATION FOR MENTAL HYGIENE INC 150 BROADWAY STE 301 MENANDS NY 12229 141410843 501(c)3 1014832 DEPRESSION RESEARCH DUKE UNIVERSITY 2200 WEST MAIN SUITE 900 DURHAM NC 27705 560532129 501(C)3 388227 DEPRESSION RESEARCH UNIVERSITY OF MICHIGAN 205 ZINE PITCHER PLACE ANN ARBOR MI 48109 386006309 501(C)3 885217 DEPRESSION RESEARCH JOAN & SANFORD I WEIL MEDICAL COLLEGE OF CORNELL 1300 YORK AVENUE NEW YORK NY 10065 131623978 501(C)3 413323 DEPRESSION RESEARCH PART I QUESTION 2: HDRF RECEIVES A GRANT PROPOSAL WHICH INCLUDES RESEARCH METHODOLOGY AND PROTOCOLS TO BE USED AND A BUDGET. FOR MULTI-YEAR GRANTS,INTERIM REPORTS AND FINANCIALS ARE REVIEWED PRIOR TO ADDITIONAL FUNDING BEING AUTHORIZED. AT THE END OF THE GRANT, FINAL RESEARCH REPORTS WITH RESULTS AND FINANCIAL STATEMENTS ARE SUBMITTED TO HDRF. FOLLOW-UP REPORTS ARE EXPECTED WITH FURTHER ANALYSIS OF THE RESULTS AND DETAILS OF ANY PUBLICATION OF THE RESEARCH. false false false false false false false false false LOUISA BENTON EXECUTIVE DIRECTOR 252110 49700 18109 11826 331745 GRUSS CO LLC OWNED BY CHAIRMAN'S SPOUSE ACCOUNTS PAYABLE X 100883 119872 false true true 119872 false false false FAMILY OR BUSINESS RELATIONSHIPS WITHIN GOVERNING BODY: (PART VI, SECTION A, GOVERNING BODY & MANAGEMENT : QUESTION 2)- AUDREY B. GRUSS, CHAIRMAN, AND DAVID ZISLIN, SECRETARY & TREASURER OF THE FOUNDATION HAVE A BUSINESS RELATIONSHIP TOGETHER. THEY ARE BOTH EMPLOYEES OF GRUSS & CO., LLC. THEY ARE COMPENSATED BY GRUSS & CO., LLC. FOR SERVICES RENDERED TO GRUSS & CO. LLC. MRS. GRUSS AND MR. ZISLIN, ALONG WITH OTHER DIRECTORS (LISTED IN PART VII, PAGE 7 OF FORM 990) ARE NOT COMPENSATED BY THE FOUNDATION FOR THEIR CHARITABLE WORK. **************************************************************** MEMBERS ELECTING OTHER MEMBERS TO THE GOVERNING BODY: (PART VI, SECTION A, GOVERNING BODY & MANAGEMENT: QUESTION 6 & 7A) CURRENTLY, AUDREY B. GRUSS IS THE SOLE MEMBER OF HOPE FOR DEPRESSION RESEARCH FOUNDATION. AS SUCH, MRS. GRUSS IS THE ONLY MEMBER WHO MAY ELECT ANOTHER MEMBER OF THE GOVERNING BODY. **************************************************************** REVIEW PROCESS FOR RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX-FORM 990: (PART VI, SECTION B, POLICIES: QUESTION 11A)- AFTER THE FINANCIAL STATEMENTS ARE AUDITED BY A CERTIFIED PUBLIC ACCOUNTING FIRM, THE TAX RETURN IS THEN PREPARED BY ANOTHER CERTIFIED PUBLIC ACCOUNTING FIRM. AFTER PREPARATION OF THE RETURN, THE CHAIRMAN AND SECRETARY / TREASURER OF THE FOUNDATION INTERNALLY REVIEW IT TO ENSURE THE RETURN IS ACCURATE AND COMPLETE. THE COMPLETE FINANCIALS ARE MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW BEFORE SUBMISSION TO THE INTERNAL REVENUE SERVICE. ADDITIONALLY, THE DRAFT TAX RETURN IS REVIEWED WITH THE AUDIT COMMITTEE. **************************************************************** MONITOR AND ENFORCE COMPLIANCE WITH CONFLICT OF INTEREST POLICY: (PART VI, SECTION B, POLICIES: QUESTION 12C)- AS REQUIRED BY ITS BY-LAWS AND CONFLICT OF INTEREST POLICY, THE FOUNDATION REQUIRES ITS DIRECTORS, OFFICERS, AND COMMITTEE MEMBERS TO ANNUALLY SIGN A STATEMENT AFFIRMING THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND THAT THE FOUNDATION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSES. DIRECTORS, OFFICERS AND COMITTEE MEMBERS MUST COMPLETE A DISCLOSURE STATEMENT ANNUALLY THAT AFFIRMATIVELY STATES WHETHER HE OR SHE IS AWARE OF ANY POTENTIAL CONFLICT, AND IF HE OR SHE, IS TO EXPLAIN THAT POTENTIAL CONFLICT. FINALLY, THE AFORESAID INDIVIDUALS MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ARISING FROM THEIR RELATIONSHIP WITH A PERSON OR ORGANIZATION SEEKING A GRANT FROM THE FOUNDATION. **************************************************************** GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT (PART VI, SECTION C, DISCLOSURE: QUESTION 19)- THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. **************************************************************** PART VI SECTION B QUESTION 11A THE AUDIT COMMITEE IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW BEFORE FILING OF THE FORM. THE 990 IS NOT DISTRIBUTED TO ALL MEMBERS OF ITS GOVERNING BODY. ************************************************************************* PROCESS FOR DETERMINING COMPENSATION OF KEY EMPLOYEES/DIRECTORS (FORM 990 PART VI QUESTION 15B) The president and treasurer of HDRF review Guide Stars Non-profit Compensation Report annually whilst setting the Executive Directors Salary. The GuideStar Nonprofit Compensation Report draws exclusively from data reported on Forms 990 and 990-EZ. Specifically, they review the compensation of Executive Directors in New York State of charities with $2.5 mil. to $5.0 mil. in annual budget and other mitigating factors. ************************************************************************* OTHER CHANGES IN NET ASSETS OR FUND BALANCES (FORM 990 PART XI LINE 9) ************************************************************************** **** FOR AUDIT / BOOK PURPOSES, THE INVESTMENT IN EVERGREEN INSTITUTIONAL PARTNERS LP IS ADJUSTED EACH FISCAL YEAR BY A MARK-TO-MARKET ADJUSTMENT WITH A CORRESPONDING UNREALIZED GAIN/LOSS ON THE INCOME STATEMENT. FOR TAX PURPOSES, THE INCOME ON THE FORM K-1 IS REPORTED ON FORM 990 PART VIII STATEMENT OF REVENUE BUT NOT REFLECTED ON THE AUDITED FINANCIALS. 2024 CALENDAR YEAR / 2025 FISCAL YEAR END TAXABLE INCOME FROM EVERGREEN INSITUTIONAL PARTNERS LP FORM K-1 WAS $1,218,644. AUDREY & MARTIN GRUSS FOUNDATION 777 SFLAGLER DRIVE STE 801-E WEST PALM BEACH FL 33401 900445575 GRANT MAKING DE 501(c)(3) PRVTE FOUND N A false EVERGREEN INSTITUTIONAL PARTNERS LP 777 S FLAGLER DRIVE SUITE 801E WEST PALM BEACH FL 33401 133921996 INVESTMENTS DE NA 1218644 38465000 false 559409 false 0.29190 GRUSS & CO LLC 777 S FLAGLER DR STE 801-E WEST PALM BEACH FL 33401 132814116 MANAGEMENT FL N A LLC 0 0 0.00000 false false false false false true false false false false true false true false false true false false false GRUSS & CO LLC -SEE PART VII E, P 1155846 COST GRUSS & CO LLC -SEE PART VII K 113473 COST GRUSS & CO LLC -SEE PART VII M 78053 COST TRANSACTION WITH RELATED PARTIES PART V, LINE 2 - GRUSS & CO., LLC SHARES ITS OFFICE WITH HOPE FOR DEPRESSION RESEARCH FOUNDATION ("FOUNDATION"). GRUSS & CO., LLC. PAYS CERTAIN ADMINISTRATIVE OPERATING EXPENSES ON BEHALF OF THE FOUNDATION. HOWEVER, GRUSS & CO., LLC. IS REIMBURSED AT COST FOR THOSE OPERATING EXPENSES BY THE FOUNDATION. THE END OF YEAR BALANCE DUE TO GRUSS AND CO., LLC. IS NOTED ON SCHEDULE L, PART II LINE (1). IN ADDITION, GRUSS & CO., LLC. PROVIDES IN-KIND SERVICES INCLUDING THE USE OF OFFICE SPACE AND MANAGEMENT SERVICES TO THE FOUNDATION AT NO COST TO THE FOUNDATION. GRUSS & CO., LLC'S STOCK IS NOT OWNED BY THE FOUNDATION. ********************************************************************** **********************************************************************