Myelin Repair Foundation Inc

Organization Overview

Myelin Repair Foundation Inc is located in Saratoga, CA. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myelin Repair Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Myelin Repair Foundation Inc generated $285.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $539.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Myelin Repair Foundation Inc has awarded 15 individual grants totaling $1,134,055. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ACCELERATING THE DEVELOPMENT OF NEW THERAPEUTICS TO PREVENT OR REPAIR DAMAGE TO MYELIN CAUSED BY MS

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ONLY HAVE ONE AREA OF PROGRAM SERVICES AND THAT IS SCIENTIFIC RESEARCH TO BENEFIT MULTIPLE SCLEROSIS (MS) PATIENTS. CURRENTLY OUR RESEARCH IS FOCUSED ON EXPERIMENTS TO IDENTIFY BIOMARKERS TO INDICATE REPAIR OF MYELIN DAMAGED BY MS. OVER THE LAST YEAR, WE FOCUSED OUR RESEARCH ON EXTRACELLULAR VESICLES(EVS) ISOLATED FROM BLOOD. WE CURRENTLY HAVE 13 INVESTIGATIONS UNDERWAY SPREAD ACROSS EUROPE AND NORTH AMERICA. WE HAVE ENCOURAGING PRELIMINARY DATA SHOWING THAT WE CAN CLEARLY DISTINGUISH MS PATIENT EV'S FROM HEALTHY CONTROLS AND MAY BE ABLE TO IDENTIFY SUB-TYPES OF MS.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Johnson
CEO
$120,000
Casey Mcglynn
Director
$0
Andy Cates
Director
$0
Bobby Mehta
Director
$0
Jim Gidwitz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$262,804
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$262,804
Total Program Service Revenue$0
Investment income $914
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $285,427

Grants Awarded

Over the last fiscal year, Myelin Repair Foundation Inc has awarded $211,558 in support to 3 organizations.

Grant RecipientAmount

JOHN HOPKINS SCHOOL OF MEDICINE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: MRF funds two projects at John Hopkins. One is to study oligodendrocyte extacellular vesicles as possible biomarkers of remyelination. The second is to study macrophage migration inhibitor factor(MIF) as a biomarker of neuronal and oligodendrocyte death and disease severity in MS

$135,610

OREGON HEALTH & SCIENCE UNIVERSITY

PURPOSE: MRF funds the addition of EVs to OHSU experiment that is using evoked potentials as a measure of demyelination. Evoked potentials are a possible way to measure repair by measuring the conduction speed of signals along axons

$49,948

CORNELL UNIVERSITY

Org PageRecipient Profile

Ithaca, NY

PURPOSE: MRF funds work at Cornell University to determine whether brain endothelial cell EVs, oligodendrocyte EVs and microglial EVs from MS patients' blood, changes with various MS sub-types

$26,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Myelin Repair Foundation Inc has recieved totaling $347,000.

Awarding OrganizationAmount
William K Bowes Jr Foundation

San Francisco, CA

PURPOSE: MRF BIOMARKER INITIATIVE

$150,000
Cumming Foundation

Jackson, WY

PURPOSE: GENERAL OPERATING SUPPORT

$100,000
$50,000
Cumming Foundation

Jackson, WY

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
Virginia T Dashiell Charitable Foundation

Yorktown, VA

PURPOSE: SUPPORT BIOMARKER RESEARCH

$10,000
Modestus Bauer Foundation

Chicago, IL

PURPOSE: GENERAL CHARITABLE USE

$10,000
View Grant Recipient Profile

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