Foundation For Mood Disorders
- Assets
- $171.0k
- Revenue
- $4.3k
- Investments
- $170.6k
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 10/1993
- Data as of
- 06/2021
- EIN
- 13-3735967
Organization Overview
Foundation For Mood Disorders is located in Harrison, NY. The organization was established in 1993. 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. Foundation For Mood Disorders 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 06/2021, Foundation For Mood Disorders generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (33.2%) each year. All expenses for the organization totaled $19.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (32.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S ACTIVITIES INCLUDE INCREASING PUBLIC AWARENESS OF MOOD DISORDERS AND ITS TREATMENT. THE FOUNDATION HAS RESEARCH AND FUNDRAISING PURPOSES AND COMMUNICATIONS WITH OTHER RESEARCH COLLABORATORS. RESEARCH INVOLVES PERIODIC STATISTICAL ANALYSES OF A LARGE SAMPLE OF BIPOLAR AND UNIPOLAR DEPRESSED PATIENTS ON LITHIUM AND OTHER PSYCHOTROPIC DRUGS COLLECTED BY DR. FIEVE AND RESEARCH TEAMS OVER THE YEARS. THE OBJECTIVE OF THE RESEARCH IS TO DETERMINE WHETHER LITHIUM MAY PREVENT THE ONSET OR MINIMIZE THE COURSE OF NEURODEGENERATIVE DISEASES SUCH AS ALZHEIMERS, DEMENTIA-NOS, AMYOTROPHIC LATERAL SCLEROSIS, PARKINSON'S, AND STROKE, AS WELL AS CARDIOVASCULAR DISEASES. THE FOUNDATION IS DETERMINING WHICH RESEARCH INSTITUTION WILL INHERIT THE DATA TO CONTINUE THE RESEARCH.
THE FOUNDATION'S ACTIVITIES INCLUDE INCREASING PUBLIC AWARENESS OF MOOD DISORDERS AND ITS TREATMENT. THE FOUNDATION HAS RESEARCH AND FUNDRAISING PURPOSES AND COMMUNICATIONS WITH OTHER RESEARCH COLLABORATORS. RESEARCH INVOLVES PERIODIC STATISTICAL ANALYSES OF A LARGE SAMPLE OF BIPOLAR AND UNIPOLAR DEPRESSED PATIENTS ON LITHIUM AND OTHER PSYCHOTROPIC DRUGS COLLECTED BY DR. FIEVE AND RESEARCH TEAMS OVER THE YEARS. THE OBJECTIVE OF THE RESEARCH IS TO DETERMINE WHETHER LITHIUM MAY PREVENT THE ONSET OR MINIMIZE THE COURSE OF NEURODEGENERATIVE DISEASES SUCH AS ALZHEIMERS, DEMENTIA-NOS, AMYOTROPHIC LATERAL SCLEROSIS, PARKINSON'S, AND STROKE, AS WELL AS CARDIOVASCULAR DISEASES. THE FOUNDATION IS DETERMINING WHICH RESEARCH INSTITUTION WILL INHERIT THE DATA TO CONTINUE THE RESEARCH.
THE FOUNDATION'S ACTIVITIES INCLUDE INCREASING PUBLIC AWARENESS OF MOOD DISORDERS AND ITS TREATMENT. THE FOUNDATION HAS RESEARCH AND FUNDRAISING PURPOSES AND COMMUNICATIONS WITH OTHER RESEARCH COLLABORATORS. RESEARCH INVOLVES PERIODIC STATISTICAL ANALYSES OF A LARGE SAMPLE OF BIPOLAR AND UNIPOLAR DEPRESSED PATIENTS ON LITHIUM AND OTHER PSYCHOTROPIC DRUGS COLLECTED BY DR. FIEVE AND RESEARCH TEAMS OVER THE YEARS. THE OBJECTIVE OF THE RESEARCH IS TO DETERMINE WHETHER LITHIUM MAY PREVENT THE ONSET OR MINIMIZE THE COURSE OF NEURODEGENERATIVE DISEASES SUCH AS ALZHEIMERS, DEMENTIA-NOS, AMYOTROPHIC LATERAL SCLEROSIS, PARKINSON'S, AND STROKE, AS WELL AS CARDIOVASCULAR DISEASES. THE FOUNDATION IS DETERMINING WHICH RESEARCH INSTITUTION WILL INHERIT THE DATA TO CONTINUE THE RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Fieve Willett JD Director, President | 3 | $0 | |
Katia Fieve Director, Secrerary, Treasurer | 0.5 | $0 | |
Lara A Portela Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,363 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,972 |
| Capital Gain Net Income | $2,972 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $4,618 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $19,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $441 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $170,555 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $170,996 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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