World Brain Forum Foundation
- Assets
- $908.6k
- Revenue
- $190.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 27-0435998
Organization Overview
World Brain Forum Foundation, operating under the name Aspen Brain Institute, is located in Aspen, CO. The organization was established in 2009. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, 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. Aspen Brain Institute 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, Aspen Brain Institute generated $190.0k 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 (4.4%) each year. All expenses for the organization totaled $342.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Aspen Brain Institute has awarded 16 individual grants totaling $374,675. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WORLD BRAIN FORUM FOUNDATION, OPERATING AS ASPEN BRAIN INSTITUTE, CONT'D(SEE SCH O)IS TO CREATE A BRAIN-HEALTHY PLANET BY DEMOCRATIZING ACCESS TO THE BEST MINDS AND EVIDENCE BASED INFORMATION ON BRAIN HEALTH FROM AROUND THE WORLD. TOGETHER IT DISTILLS COMPLEX SCIENCE AND TURNS IT INTO ACTIONABLE KNWLEDGE FOR EVERYONE, EVERYWHERE. PARTNERING WITH THE MOST RESPECTED AND PROGRESSIVE SCIENTISTS AND RESEARCH CENTERS IN THE NEWLY EMERGING FIELD OF BRAIN HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPERT SPEAKER SERIES - A FREE VIRITUAL SPEAKER SERIES INCLUDING TALKS BY DOCTORS AND MEDICAL EXPERTS IN THE FIELD OF BRAIN HEALTH. THE EXPERT SPEAKER SERIES IS COMITTED TO DEMOCRATIZING GLOBAL BRAIN HEALTH BY GIVING PEOPLE ACCESS TO THE BEST MINDS AND EVIDENCE-BASED INFORMATION AROUND THE WORLD. IT AIMS TO DISTILL COMPLEX SCIENCE AND TURN IT INTO ACTIONABLE KNOWLEDGE FOR EVERYONE, EVERYWHERE.
ASPEN BRAIN INSTITUTE - GIFT OF HEALTH ONLINE SILENT AUCTIONABI PARTNERED WITH THE LEAVING LEGACIES FOUNDATION TO HOLD A SILENT AUCTION TO RAISE FUNDS TO FURTHER ABI'S MISSION. THE LEAVING LEGACIES FOUNDATION'S MISSION IS IN LINE WITH ABI'S. THEIR MISSION STATES: 'TO HONOR THE LOSS OF THE YOUNG LIFE OF HAROLD WHEELER IV, BY CREATING LEGACIES THAT CARRY ON HIS MEMORY THOUGH IMPACTING THE LIVES OF THOSE WITH EMOTIONAL INJURY, BEHAVIORAL HEALTH, BATTLING HEALTH CRISIS AND NEUROLOGICAL DISORDERS FOR ALL AGE POPULATIONS AND OUR MILITARY VETERANS.' THIS EVENT TOOK PLACE IN 2020 AND THE PROCEEDS AND EXPENSES WERE PAID IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenda Greenwald President & Director | OfficerTrustee | 8 | $0 |
Gerald Greenwald Voting Director | Trustee | 0 | $0 |
Brad Greenwald Voting Director | Trustee | 0 | $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 | $123,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,673 |
| Total Program Service Revenue | $0 |
| Investment income | $18,406 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,482 |
| Net Income from Fundraising Events | $13,449 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,475 |
| Fees for services: Accounting | $13,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $465 |
| Office expenses | $2,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,845 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,422 |
| Insurance | $0 |
| All other expenses | $8,233 |
| Total functional expenses | $342,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $783,770 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,614 |
| Other assets | $175 |
| Total assets | $908,608 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $908,608 |
| Total liabilities and net assets/fund balances | $908,608 |
Grants Awarded
Over the last fiscal year, World Brain Forum Foundation has awarded $90,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FANTASTIC FUNGI LLC PURPOSE: TO SUPPORT PRODUCTION OF FANTASTIC FUNGI FILM | $70,000 |
New York, NY PURPOSE: TO SUPPORT THE NEW YORK ACADEMY OF SCIENCES MISSION. | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Brain Forum Foundation has recieved totaling $33,078.
| Awarding Organization | Amount |
|---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: DISEASE, DISORDERS, MEDICAL DISCIPLINES | $33,078 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brain Injury Association Of Colorado Inc Denver, CO | $703,230 | $2,241,050 |
Arthur L Bud Johnson In Memory Of Elaine V Johnson Foundation Chandler, AZ | $8,859,127 | $2,569,944 |
Brain Injury Alliance Of Arizona Phoenix, AZ | $242,323 | $1,232,799 |
Brain Injury Association Of Nebraska Inc Lincoln, NE | $764,498 | $946,792 |
Renewed Hope Foundation Inc Casper, WY | $93,026 | $389,509 |
World Brain Forum Foundation Aspen, CO | $908,608 | $190,010 |
Brain Injury Association Of Kansas And Greater Kansas City Inc Overland Park, KS | $138,406 | $226,348 |
Pathway To Hope Inc Olathe, KS | $205,696 | $220,718 |
Rocky Mountain Hyperbaric Association For Brain Injuries Inc Louisville, CO | $83,032 | $0 |
Brain Injury Recovery Foundation Tulsa, OK | $84,664 | $99,987 |
Sounds Of Autism Inc Goodyear, AZ | $24,786 | $0 |
Brain Injury Association Of Utah Inc Salt Lake City, UT | $25,080 | $36,045 |