Ketamine Research Foundation
- Assets
- $609.3k
- Revenue
- $888.6k
- Investments
- $0.0
- Employees
- 0
- Location
- San Anselmo, CA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 82-1206912
Organization Overview
Ketamine Research Foundation is located in San Anselmo, CA. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ketamine 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, Ketamine Research Foundation generated $888.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $940.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC PURPOSE OF THE CORPORATION SHALL INCLUDE, WITHOUT LIMITATION: TO EVOLVE AND PROVIDE RESEARCH, TRAINING, AND EDUCATION IN THE DEVELOPMENT OF KETAMINE'S USE FOR PSYCHIATRIC AND PSYCHOTHERAPUTIC SCIENCE AND CLINICAL PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KETAMINE IS THE ONLY LEGALLY AVAILABLE MEDICINE WITH PSYCHEDELIC PROPERTIES, THE FIRST IN THE TOOLBOX. THIS ENABLES THE DEVELOPMENT OF THERAPEUTIC METHODOLOGIES AND PRACTICES THAT WILL SERVE AS OTHER MEDICINES BECOME AVAILABLE. IT MAKES FOR STREAMLINED AND CREATIVE RESEARCH, WITH APPROPRIATE SAFEGUARDS AND IRB APPROVALS. THE SPECTRUM OF PROGRAMS AND PROJECTS THAT ARE PART OF THE DEVELOPING KETAMINE RESEARCH FOUNDATION EXEMPLIFIES THIS AND OUR DEDICATION TO COLLABORATION, AN INTERNATIONAL ORGANIZATIONAL PRESENCE, AND THE FULFILMENT OF KETAMINE'S PROMISE AS AN EXTRAORDINARY AGENT OF CHANGE AND GROWTH. TO THAT END, KRF HAS BEEN TRAINING PRACTITIONERS FROM AROUND THE GLOBE IN KETAMINE ASSISTED PSYCHOTHERAPYOVER 900 LICENSED INDIVIDUALS. KRF SEEKS TO EDUCATE IN THE MULTIPLE POTENTIALITIES THAT KETAMINE AND THE PRACTICE OF PSYCHEDELIC ASSISTED PSYCHOTHERAPIES OFFERS FOR HUMAN BENEFITS.
KETAMINE IS THE ONLY LEGALLY AVAILABLE MEDICINE WITH PSYCHEDELIC PROPERTIES, THE FIRST IN THE TOOLBOX. THIS ENABLES THE DEVELOPMENT OF THERAPEUTIC METHODOLOGIES AND PRACTICES THAT WILL SERVE AS OTHER MEDICINES BECOME AVAILABLE. IT MAKES FOR STREAMLINED AND CREATIVE RESEARCH, WITH APPROPRIATE SAFEGUARDS AND IRB APPROVALS. THE SPECTRUM OF PROGRAMS AND PROJECTS THAT ARE PART OF THE DEVELOPING KETAMINE RESEARCH FOUNDATION EXEMPLIFIES THIS AND OUR DEDICATION TO COLLABORATION, AN INTERNATIONAL ORGANIZATIONAL PRESENCE, AND THE FULFILMENT OF KETAMINE'S PROMISE AS AN EXTRAORDINARY AGENT OF CHANGE AND GROWTH. TO THAT END, KRF HAS BEEN TRAINING PRACTITIONERS FROM AROUND THE GLOBE IN KETAMINE ASSISTED PSYCHOTHERAPYOVER 900 LICENSED INDIVIDUALS. KRF SEEKS TO EDUCATE IN THE MULTIPLE POTENTIALITIES THAT KETAMINE AND THE PRACTICE OF PSYCHEDELIC ASSISTED PSYCHOTHERAPIES OFFERS FOR HUMAN BENEFITS.
THE BLACK, INDIGENOUS, PEOPLE OF COLOR ("BIPOC") SCHOLARSHIP FUND AIMED AT SUPPORTING DIVERSITY IN THE TRAINING OF PRACTITIONERS IN KETAMINE ASSISTED PSYCHOTHERAPY ("KAP") THROUGH PARTICIPATION IN THE PROGRAMS OF THE KETAMINE RESEARCH FOUNDATION'S KETAMINE TRAINING CENTER ("KTC"). KTC HAS NOW TRAINED OVER 900 PRACTITIONERS IN KAP FROM AROUND THE GLOBE.
THE BLACK, INDIGENOUS, PEOPLE OF COLOR ("BIPOC") SCHOLARSHIP FUND AIMED AT SUPPORTING DIVERSITY IN THE TRAINING OF PRACTITIONERS IN KETAMINE ASSISTED PSYCHOTHERAPY ("KAP") THROUGH PARTICIPATION IN THE PROGRAMS OF THE KETAMINE RESEARCH FOUNDATION'S KETAMINE TRAINING CENTER ("KTC"). KTC HAS NOW TRAINED OVER 900 PRACTITIONERS IN KAP FROM AROUND THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip E Wolfson MD CEO | OfficerTrustee | 30 | $135,166 |
Monica Winsor Chair Of The Board | OfficerTrustee | 2 | $0 |
Julane Andries Secretary | OfficerTrustee | 1 | $0 |
Seth Taube Treasurer | OfficerTrustee | 1 | $0 |
Jeff Leifer Director | Trustee | 1 | $0 |
Ray Foote Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,771 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $262,761 |
| Total Program Service Revenue | $625,612 |
| Investment income | $202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $888,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $135,166 |
| Compensation of current officers, directors, key employees. | $81,100 |
| 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 | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,913 |
| Information technology | $8,490 |
| Royalties | $0 |
| Occupancy | $5,945 |
| Travel | $1,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,827 |
| All other expenses | $22,019 |
| Total functional expenses | $940,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,263 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $609,263 |
| Accounts payable and accrued expenses | $8,892 |
| 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 | $8,892 |
| Net assets without donor restrictions | $600,371 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $609,263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Innovative Public Health Research San Clemente, CA | $1,086,243 | $2,536,772 |
Siyan Clinical Research Santa Rosa, CA | $656,376 | $1,457,279 |
Ketamine Research Foundation San Anselmo, CA | $609,263 | $888,575 |
Center For Consciousness Medicine Inc Nevada City, CA | $126,317 | $560,701 |
Be Herd Foundation Sherman Oaks, CA | $54,666 | $251,291 |
Health Science Research Foundation Tucson, AZ | $239,075 | $6,415 |
Matrics Assessment Inc Los Angeles, CA | $1,178,201 | $543,017 |
Concepts Foundation Inc San Rafael, CA | $34,407,315 | $1,459,156 |
Medical Education & Research Fndtn For The Treatment Addication Sacramento, CA | $58,962 | $0 |
Interactive Media Institute San Diego, CA | $121,970 | $0 |
Mend Foundation Agoura Hills, CA | $10,747 | $0 |
Compass Research & Training Institute Tustin, CA | $1,651 | $0 |
Social Intelligence Institute Phoenix, AZ | $6,911 | $0 |