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Brain & Behavior Research Foundation

Brain & Behavior Research Foundation

New York, NY 10017
Tax ID31-1020010

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About this organization

Revenue

$19,768,175

Expenses

$19,328,117

Mission

The Brain & Behavior Research Foundation is committed to alleviating the suffering caused by mental illness by awarding grants that will lead to advances and breakthroughs in scientific research.

About

The Foundation funds the most innovative ideas in neuroscience and psychiatry to better understand the causes and develop new ways to treat brain and behavior disorders. Since 1987, we have awarded more than $450 million to fund more than 6,500 grants to more than 5,400 scientists around the world. Our model encourages new and innovative research in that we are able to support new ideas from bottom up generated by scientists. Examples include the early support for optogenetics, deep brain stimulation for treatment-resistant depression, transcranial magnetic stimulation, and rapid-acting antidepressants. Each of these important breakthroughs received initial key support from grants provided by the Brain & Behavior Research Foundation. 100% of every dollar donated for research is invested in our research grants. Our operating expenses are covered by separate foundation grants.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “National alliance for research on schizophrenia and depression (narsad) d/b/a the brain & behavior research foundation is committed to alleviating the suffering of mental illness by awarding grants that will lead to advances and breakthroughs in scientific research.”.

When detailing its duties, they were outlined as: “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.”.

  • The state in which the non-profit is legally authorized to operate is KY, as reported.
  • The filing confirms that the non-profit's address in 2020 was 747 THIRD AVENUE 33RD FLOOR, NEW YORK, NY, 10017.
  • The non-profit's form for the year 2020 reports a total of 21 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $440,058.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 18 independent voting members.
  • The organization was formed in 1981.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $3,022,710 in salary, compensation, and benefits to its employees.
  • The organization pays $908,528 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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