National Alliance For Research On Schizophrenia And Depression Inc
- Assets
- $43.8m
- Revenue
- $22.7m
- Investments
- $5.0m
- Employees
- 12
- Location
- New York, NY
- Founding
- 12/1981
- Data as of
- 12/2022
- EIN
- 31-1020010
Organization Overview
National Alliance For Research On Schizophrenia And Depression Inc, operating under the name Brain & Behavior Research Foundation, is located in New York, NY. The organization was established in 1981. According to its NTEE Classification (F05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Brain & Behavior Research Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brain & Behavior Research Foundation 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 12/2022, Brain & Behavior Research Foundation generated $22.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $13.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Brain & Behavior Research Foundation has awarded 695 individual grants totaling $74,270,703. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE & DISTRIBUTE FUNDS FOR THE MOST PROMISING PSYCHIATRIC DISEASE RESEARCH IN ORDER TO DEV. NEW PREVENT. MEASURES, BETTER DIAGNOSIS & IMPROVED TREATMENTS FOR THESE CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIPS TO FUND SCIENTIFIC RESEARCH INTO THE CAUSES, CURES, AND PREVENTION OF CHRONIC AND SEVERE MENTAL ILLNESSES SUCH AS DEPRESSION, SCHIZOPHRENIA, ANXIETY, AUTISM, BIPOLAR DISORDER, ADHD, PTSD AND OCD.
EXPENSES TO PROVIDE RESEARCH GRANTS, SELECT PROSPECTIVE GRANTEES, SUBMIT PROPOSALS AND FURTHER PROMOTE SCIENTIFIC ADVANCEMENT AND RESEARCH INTO THE CAUSES, CURES, AND PREVENTION OF CHRONIC AND SEVERE MENTAL ILLNESSES. IN ADDITION TO THE EXPENSES REPORTED, THE REPORTING ORGANIZATION'S SCIENTIFIC COUNCIL CONTRIBUTED SERVICES OF $1,574,494.(DONATED SERVICES ARE NOT REPORTED AS EITHER REVENUE OR EXPENSE AS PER IRS FORM 990 INSTRUCTIONS.) THE SCIENTIFIC COUNCIL CONSISTS OF A GROUP OF SCIENTISTS WHO ARE LEADERS IN NEUROSCIENCE AND PSYCHIATRY. THESE VOLUNTEERS PRIMARILY REVIEW RESEARCH GRANTS AND PROJECTS ON BEHALF OF THE ORGANIZATION. ALSO, IN 2023 THE REPORTING ORGANIZATION UTILIZED A GRANT WHICH PROVIDED ONLINE ADVERTISING, AT NO COST, HAVING A VALUE OF $473,791.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Borenstein President & CEO | Officer | 35 | $596,615 |
Louis Innamorato CPA CFO | Officer | 35 | $389,241 |
Faith Rothblatt VP Of Development | 35 | $288,317 | |
Lauren Duran VP Of M&c | 35 | $240,435 | |
Sho Tin Chen Director Of Research Grants | 35 | $219,609 | |
Peter Tarr Editorial/writer Director | 35 | $171,585 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J Squared Press Inc Print. & Fulfillment | 12/30/17 | $335,716 |
Paul Burke Consultant | 12/30/17 | $135,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $34,863 |
| Membership dues | $0 |
| Fundraising events | $46,716 |
| Related organizations | $150,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,265,474 |
| Noncash contributions included in lines 1a–1f | $2,905,795 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,497,053 |
| Total Program Service Revenue | $0 |
| Investment income | $268,880 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,325,069 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,664,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,795,033 |
| Grants and other assistance to domestic individuals. | $265,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,683,899 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,029,734 |
| Compensation of current officers, directors, key employees. | $411,894 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,464,241 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $180,465 |
| Payroll taxes | $141,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,038 |
| Fees for services: Accounting | $60,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $87,191 |
| Fees for services: Other | $179,349 |
| Advertising and promotion | $20,312 |
| Office expenses | $246,850 |
| Information technology | $94,642 |
| Royalties | $0 |
| Occupancy | $329,817 |
| Travel | $22,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,313 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,268 |
| Insurance | $34,188 |
| All other expenses | $137,880 |
| Total functional expenses | $13,927,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,436,324 |
| Savings and temporary cash investments | $14,563,967 |
| Pledges and grants receivable | $2,401,657 |
| 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 | $168,012 |
| Net Land, buildings, and equipment | $6,884 |
| Investments—publicly traded securities | $15,013,369 |
| Investments—other securities | $5,038,880 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,182,588 |
| Total assets | $43,811,681 |
| Accounts payable and accrued expenses | $136,047 |
| Grants payable | $15,522,195 |
| 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 | $1,420,033 |
| Total liabilities | $17,078,275 |
| Net assets without donor restrictions | $17,732,032 |
| Net assets with donor restrictions | $9,001,374 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $43,811,681 |
Grants Awarded
Over the last fiscal year, National Alliance For Research On Schizophrenia And Depression Inc has awarded $7,595,289 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: Research grant | $70,000 |
AMERICAN UNIVERSITY | | | $35,000 |
BOSTON UNIVERSITY | | | $140,000 |
BRADLEY HOSPITAL | | | $35,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY | | | $35,000 |
BRIGHAM AND WOMEN'S HOSPITAL INC | | | $69,310 |