Max Planck Florida Corporation

Organization Overview

Max Planck Florida Corporation, operating under the name Max Planck Florida Institute For Neuroscience, is located in Jupiter, FL. The organization was established in 2009. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 12/2021, Max Planck Florida Institute For Neuroscience employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Max Planck Florida Institute For Neuroscience 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 12/2021, Max Planck Florida Institute For Neuroscience generated $26.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $24.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH AND IMPROVE HUMAN WELFARE BY APPLYING BREAKTHROUGHS IN RESEARCH TO THE ADVANCEMENT OF MEDICAL DIAGNOSIS AND MEDICAL CARE FOR THE PUBLIC'S BENEFIT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAX PLANCK FLORIDA CORPORATION ESTABLISHED ITS FIRST SCIENTIFIC DEPARTMENT IN THE SUMMER OF 2009 AND HAS EXPANDED TO TWO RESEARCH DIVISIONS AND SIX RESEARCH GROUPS TO FULFILL ITS PURPOSE TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, AND EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH. THE EIGHT RESEARCH LABS FOCUS IN THE AREAS OF DISORDERS OF NEURAL CIRCUIT FUNCTION, MECHANISMS OF SYNAPTIC SIGNALING AND COMPUTATION, FUNCTIONAL ARCHITECTURE AND DEVELOPMENT OF CEREBRAL CORTEX, DEVELOPMENT AND FUNCTION OF INHIBITORY NEURAL CIRCUITS, NEURONAL MECHANISMS OF EPISODIC MEMORY, NEURONAL SIGNAL TRANSDUCTION, NEURAL DYNAMICS AND COGNITIVE FUNCTIONS, AND NEUROENERGETICS. (CONTINUED ON SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Universal
Security
$178,155
T&m Services Inc
Janitorial Services
$120,453
Reichenbach Consulting Llc
Consulting
$127,020
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$15,400,658
Government grants $3,917,679
All other contributions, gifts, grants, and similar amounts not included above$2,143,477
Noncash contributions included in lines 1a–1f $22,200
Total Revenue from Contributions, Gifts, Grants & Similar$21,461,814
Total Program Service Revenue$278,093
Investment income $1,350,069
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,917,992
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,590
Miscellaneous Revenue$0
Total Revenue $26,052,125

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Max Planck Florida Corporation has recieved totaling $818,783.

Awarding OrganizationAmount
Mary & Robert Pew Public Education Fund Tr

Jupiter, FL

PURPOSE: EDUCATIONAL ASSISTANCE

$368,000
One Mind Institute

Rutherford, CA

PURPOSE: RISING STAR AWARD RESEARCH GRANT

$300,000
Community Foundation For Palm Beach & Martin Counties Inc

West Palm Beach, FL

PURPOSE: GENERAL SUPPORT

$130,400
The Bessemer Giving Fund

Woodbridge, NJ

PURPOSE: GENERAL SUPPORT

$10,000
Louis D Srybnik Foundation Inc

New York, NY

PURPOSE: DEMENTIA MEDICAL RESEARCH

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$383
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,435,282
Earnings$1,254,713
Admin Expense$6,293
Net Contributions$21,233
Ending Balance$7,704,935

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