Mcknight Endowment Fund For Neuroscience
- Assets
- $31.4k
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 41-1563321
Organization Overview
Mcknight Endowment Fund For Neuroscience is located in Minneapolis, MN. The organization was established in 1987. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcknight Endowment Fund 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, Mcknight Endowment Fund For Neuroscience generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mcknight Endowment Fund For Neuroscience has awarded 259 individual grants totaling $29,747,220. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 0.19 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,600,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,600,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $247,536 |
| Printing and publications | $0 |
| Other expenses | $17,306 |
| Total operating and administrative expenses | $468,792 |
| Contributions, gifts, grants paid | $3,125,000 |
| Total expenses and disbursements | $3,593,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,388 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,388 |
| 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 |
Grants Awarded
Over the last fiscal year, Mcknight Endowment Fund For Neuroscience has awarded $6,500,000 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CALIFORNIA BERKELEY PURPOSE: NEUROTENSIN MEDIATED REGULATION OF HEDONIC FEEDING BEHAVIOR AND OBESITY. PRINCIPAL INVESTIGATOR: STEPHAN LAMMEL | $300,000 |
NORTHWESTERN UNIVERSITY FINEBERG SCHOOL OF MEDICINE PURPOSE: DISSECTING THE GUT-BRAIN DYNAMICS UNDERLYING ANOREXIA. PRINCIPAL INVESTIGATOR: LISA BEUTLER | $300,000 |
U OF ALABAMA & MOUNT SINAI MEDICAL SCHOOLS PURPOSE: LEVERAGING SINGLE-CELL EPIGENOMICS FOR TARGETED MANIPULATION OF DRUG-ACTIVATED ENSEMBLE. PRINCIPAL INVESTIGATOR: JEREMY DAY & IAN MAZE | $300,000 |
ST JUDE'S RESEARCH HOSPITAL PURPOSE: IDENTIFYING BRAIN CIRCUITS THAT CONNECT RESPIRATION AND COGNITIVE STATE. PRINCIPAL INVESTIGATOR: LINDSEY SCHWARZ | $300,000 |
Cold Spring Harbor, NY PURPOSE: UNCOVERING THE MOLECULAR BASIS OF MICROGLIAL FUNCTION IN THE STIMULATED BRAIN. PRINCIPAL INVESTIGATOR: LUCAS CHEADLE | $225,000 |
New York, NY PURPOSE: CONNECTROME-CONSTRAINED MODELS OF ADAPTIVE BEHAVIOR. PRINCIPAL INVESTIGATOR: ASHOK LITWIN-KUMAR | $225,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Mcknight Endowment Fund For Neuroscience has recieved totaling $7,200,000.
| Awarding Organization | Amount |
|---|---|
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $2,035,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $2,035,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $1,445,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $1,445,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $120,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: FOR AN AWARDS PROGRAM SUPPORTING RESEARCH IN NEUROSCIENCE | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcknight Endowment Fund For Neuroscience Minneapolis, MN | $31,388 | $3,600,000 |
Luther Manor Foundation Inc Wauwatosa, WI | $20,836,145 | $2,234,956 |
Bismarck Cancer Center Foundation Bismarck, ND | $5,192,821 | $2,084,846 |
Womens Dermatologic Society Milwaukee, WI | $2,777,395 | $911,169 |
Cystic Fibrosis Association Of North Dakota Bismarck, ND | $3,839,474 | $855,671 |
Twin Cities Medical Society Foundation Roseville, MN | $2,052,064 | $216,246 |
Iowa Public Health Association Foundation West Des Moines, IA | $339,389 | $368,581 |
Greg Marzolf Jr Foundation St Paul, MN | $289,150 | $0 |
Sparta Area Cancer Support Inc Sparta, WI | $259,559 | $0 |
Gustav L Harris Tr Uw 093920c Milwaukee, WI | $1,059,002 | $41,831 |
Friends Of Carbone Cancer Center Inc Fitchburg, WI | $30,223 | $0 |
Fred G Aronson Decd Fbo American Cancer Society Milwaukee, WI | $474,904 | $42,405 |