Mcknight Endowment Fund For Neuroscience
- Assets
- $24.4k
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 01/1987
- Data as of
- 12/2022
- 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 12/2022, Mcknight Endowment Fund For Neuroscience generated $3.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mcknight Endowment Fund For Neuroscience has awarded 261 individual grants totaling $29,650,332. 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
2022
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 President | 1.3 | $11,000 | |
Name Not Listed Vice President | 1.1 | $8,500 | |
Name Not Listed Secretary/treasurer | 0.9 | $0 | |
Name Not Listed Director | 0.2 | $500 | |
Name Not Listed Director | 0.2 | $0 | |
Name Not Listed Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,766,000 |
| 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 | $3,766,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $460,710 |
| Printing and publications | $0 |
| Other expenses | $16,565 |
| Total operating and administrative expenses | $652,345 |
| Contributions, gifts, grants paid | $3,120,612 |
| Total expenses and disbursements | $3,772,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,431 |
| 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 | $24,431 |
| 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 $5,153,112 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BAYLOR COLLEGE OF MEDICINE PURPOSE: CEREBELLAR COMPUTATIONS DURING MOTOR PLANNING. PRINCIPAL INVESTIGATOR: NUO LI | $75,000 |
BOSTON UNIVERSITY PURPOSE: LINKING NEURAL CIRCUITS AND FLUID DYNAMICS IN THE SLEEPING BRAIN. PRINCIPAL INVESTIGATOR: LAURA LEWIS | $75,000 |
CALIFORNIA INSTITUE OF TECHNOLOGY PURPOSE: CIRCUIT DYNAMICS AND COGNITIVE CONSEQUENCES OF GENERAL ANESTHESIA. PRINCIPAL INVESTIGATOR: THANOS SIAPAS | $100,000 |
COLD SPRING HARBOR LABORATORY PURPOSE: UNCOVERING THE MOLECULAR BASIS OF MICROGLIAL FUNCTION IN THE STIMULATED BRAIN. PRINCIPAL INVESTIGATOR: LUCAS CHEADLE | $75,000 |
COLUMBIA UNIVERSITY PURPOSE: THE EVOLUTION OF GENE MODULES AND CIRCUIT MOTIFS FOR CORTICAL INHIBITION. PRINCIPAL INVESTIGATOR: MARIA ANTOINETTA TOSCHES | $75,000 |
DUKE UNIVERSITY PURPOSE: MULTI-SCALE THREE DIMENSIONAL BEHAVIORAL QUANTIFICATION IN INDIVIDUALS AND SOCIAL GROUPS. PRINCIPAL INVESTIGATOR: TIMOTHY DUNN | $100,000 |