2025-11-11T16:07:19-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2024-01-01 411717098 AMERICAN BRAIN FOUNDATION AMER 8667707570 201 CHICAGO AVE MINNEAPOLIS MN 55415 MICHELLE HERITAGE EXECUTIVE DIRECTOR 8667707570 2025-11-10 1 1 SARAH REICHLING P01587996 6123764500 2025-11-10 2024 2025-03-06 01:10:19Z MICHELLE HERITAGE 201 CHICAGO AVE MINNEAPOLIS MN 55415 18682545 0 X HTTPS://WWW.AMERICANBRAINFOUNDATION.ORG/ X 1992 MN TO ACCELERATE BREAKTHROUGH RESEARCH ON BRAIN DISEASE AND OPTIMIZE BRAIN HEALTH FOR ALL. ABF FUNDS THE BEST AND BRIGHTEST SCIENTISTS TO MAKE A LASTING IMPACT ON PUBLIC HEALTH AND OUR COLLECTIVE KNOWLEDGE OF THE BRAIN. 17 17 14 43 0 0 10120592 5775187 0 0 403606 512199 -140378 -47358 10383820 6240028 2401988 2384275 0 0 1288130 1563823 41250 18000 1398841 1225032 1288705 4956400 5254803 5427420 985225 21918542 21621469 2449895 1396515 19468647 20224954 X ABF'S MISSION IS TO ACCELERATE BREAKTHROUGH RESEARCH ON BRAIN DISEASE AND OPTIMIZE BRAIN HEALTH FOR ALL. DRIVEN BY THE CERTAINTY THAT ALL ASPECTS OF THE BRAIN ARE INTERCONNECTED, WE INVEST IN RESEARCH ON MECHANISMS SHARED BY MULTIPLE BRAIN DISEASES, DISORDERS, AND INJURIES, SETTING THE STAGE FOR NEW TREATMENTS TO EMERGE FOR CONDITIONS THAT WERE PREVIOUSLY UNTREATABLE. 0 0 2724665 2384275 0 GRANTS AND AWARDS: IN 2024, THE AMERICAN BRAIN FOUNDATION FUNDED NEXT GENERATION RESEARCH GRANTS IN AMYOTROPHIC LATERAL SCLEROSIS (ALS); ALZHEIMER'S; COGNITIVE AGING AND AGE-RELATED MEMORY LOSS; EPILEPSY; FRONTOTEMPORAL DEGENERATION; LEWY BODY DEMENTIA; MIGRAINE; MULTIPLE SCLEROSIS; MUSCULAR DYSTROPHY; NEUROMUSCULAR DISEASE; PARKINSON'S DISEASE; PERIPHERAL NEUROPATHY; STROKE; TOURETTE SYNDROME; AND NEUROLOGICAL HEALTHCARE DISPARITIES. THESE ARE TWO- AND THREE-YEAR INNOVATIVE CLINICAL RESEARCH PROJECTS THAT LAUNCH RESEARCH CAREERS. OVER 95% OF THE NEARLY 300 INVESTIGATORS THE FOUNDATION HAS FUNDED HAVE RECEIVED ADDITIONAL RESEARCH FUNDING FROM THE NIH AND OTHER ENTITIES TO CONTINUE THE RESEARCH STARTED WITH OUR GRANTS. THE AMERICAN BRAIN FOUNDATION ALSO CONTINUED TO LEAD THE DEVELOPMENT AND FUNDING OF AN INITIATIVE TO FIND A BIOMARKER FOR THE EARLY DIAGNOSIS OF LEWY BODY DEMENTIA WITH PARTNERS THE ALZHEIMER'S ASSOCIATION, THE MICHAEL J. FOX FOUNDATION, AND THE AMERICAN ACADEMY OF NEUROLOGY. WE EXPECT THIS RESEARCH TO LEAD TO MORE CLARITY AND EFFECTIVE THERAPIES FOR PEOPLE STRUGGLING WITH LBD, AND TO INCREASE OUR UNDERSTANDING OF OTHER NEURODEGENERATIVE BRAIN DISEASES, SUCH AS ALZHEIMER'S DISEASE AND PARKINSON'S DISEASE. 620966 0 0 PUBLIC OUTREACH: THE AMERICAN BRAIN FOUNDATION CONTINUED TO INVEST IN A LARGE-SCALE PUBLIC AWARENESS CAMPAIGN WITH THE PURPOSE OF EDUCATING THE PUBLIC ABOUT THE NEED FOR BRAIN DISEASE RESEARCH. THE MULTI-CHANNEL CAMPAIGN PROVIDED RESOURCES AND INFORMATION ABOUT BRAIN DISEASES AND DISORDERS, THE LATEST BRAIN RESEARCH NEWS, AND STORIES FROM PATIENTS AND CAREGIVERS. THE AMERICAN BRAIN FOUNDATION PRODUCED FREE MONTHLY WEBINARS WITH NEUROLOGY EXPERTS FOR THE PUBLIC ON TOPICS SUCH AS DEEP BRAIN STIMULATION, SLEEP AND THE BRAIN, AND MIGRAINE RESEARCH AND TREATMENT. 3345631 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X X SETH MADDOX (ALL IN ONE ACCOUNTING) 6512897660 1715 YANKEE DOODLE RD SUITE 305 EAGAN MN 55121 MICHELLE HERITAGE EXECUTIVE DIRECTOR 40.00 X 262990 0 33902 JULIA MGLETS-NELSON DIRECTOR, RESEARCH PROGRAMS & PARTNERSHIPS 40.00 X 123111 0 11206 EMILY CHRISTIAN DEPUTY DIRECTOR 37.00 X 165667 0 11924 DAVID D DODICK CHAIR 1.50 X X 0 0 0 SEAN SANSIVERI CHAIR ELECT 0.50 X X 0 0 0 BEN LENAIL VICE CHAIR 1.00 X X 0 0 0 JAMES ESSEY TREASURER 1.00 X X 0 0 0 JACQUELINE FRENCH SECRETARY 1.00 X X 0 0 0 PHYLLIS C ZEE EX OFFICIO VOTING DIRECTOR 0.50 X X 0 0 0 ALFREDO QUINONES-HINOJOSA DIRECTOR 0.50 X 0 0 0 THABELE LESLIE-MAZWI DIRECTOR 0.50 X 0 0 0 RONALD C PETERSEN DIRECTOR 0.50 X 0 0 0 RALPH R LESLIE DIRECTOR 0.50 X 0 0 0 JOANNE L SMIKLE DIRECTOR 0.50 X 0 0 0 MERIT CUDKOWICZ DIRECTOR 0.50 X 0 0 0 MATTHEW S PICARD DIRECTOR 0.50 X 0 0 0 STEPHEN L HOUSER DIRECTOR 0.50 X 0 0 0 JOHN POHLAD DIRECTOR 0.50 X 0 0 0 ALYX B PORTOR DIRECTOR 0.50 X 0 0 0 FRANCES JENSEN DIRECTOR 0.50 X 0 0 0 551768 0 57032 3 0 1 0 YAKKETY YAK 216 S JEFFERSON ST SUITE 200 CHICAGO IL 60661 FULL SERVICE DIGITAL MARKETING AGENCY 325009 AMERICAN ACADEMY OF NEUROLOGY 201 CHICAGO AVENUE MINNEAPOLIS MN 55415 MANAGEMENT SERVICES & OCCUPANCY 172636 2 417106 5358081 64083 5775187 422198 422198 12404381 12314380 90001 90001 90001 34712 417106 128137 -93425 -93425 MISCELLANEOUS INCOME 900099 46067 46067 46067 6240028 0 0 464841 X 2384275 2384275 307504 21525 138377 147602 992684 404082 70108 518494 75483 33060 2704 39719 100472 36531 12011 51930 87680 30067 12522 45091 237978 76978 45559 115441 38432 13510 5202 19720 69285 24355 9378 35552 18000 18000 4151 4151 485581 185338 67212 233031 83887 44104 8573 31210 91428 28266 40652 22510 126214 45265 11495 69454 3555 1219 508 1828 82349 2393 69619 10337 23085 23085 14526 4981 2074 7471 28234 9682 10186 8366 5254803 3345631 510331 1398841 1007855 1027870 5128619 4083926 4671369 4270938 228313 84807 61532 40021 10820854 12113907 21918542 21621469 199979 127764 2242216 1268751 7700 2449895 1396515 X 7718793 7431093 11749854 12793861 19468647 20224954 21918542 21621469 985225 -228918 0 X 0 1 X 1 0 X 5675913 6035920 6002262 10120593 5775187 33609875 5675913 6035920 6002262 10120593 5775187 33609875 10996703 22613172 233645 441373 162383 419135 422198 1678734 2269 46067 48336 35336945 0.63990 0.64230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 49054 0 133717 1 1 4589366 2452 438513 114742 0 0 4915589 4128167 4493 581180 124472 0 0 4589368 488034 10401 -653510 116757 0 0 -271832 4028837 380695 597232 118730 0 0 4888034 3784027 78271 269623 103084 0 0 4028837 0.00000 0.60377 0.39623 0 0 0 X 6638807 -228918 499560 128137 398779 6240028 0 6240028 5882500 499560 128137 627697 5254803 0 5254803 PART V, LINE 4: THE ENDOWMENT IS USED TO SUPPORT RESEARCH AND AWARDS. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740-10-25, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 128,137. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 128,137. X X X X X X 1 VERITUS GROUP LLC 1105 WASHINGTON BOULEBARD 186 BELPRE OH 45714 MAJOR GIFTS CONSULTING 0 0 18000 -18000 18000 -18000 AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY COMMITMENT TO CURES 451818 417106 34712 22340 64706 41091 451818 417106 34712 22340 64706 41091 128137 -93425 1 AMERICAN ACADEMY OF NEUROLOGY INSITUTE 201 CHICAGO AVENUE MINNEAPOLIS MN 55415 410726167 501(C)(3) 2384275 0 CLINICAL RESEARCH TRAINING SCHOLARSHIPS, SCIENTIFIC AWARDS, AND NON SCIENTIFIC AWARDS FOR WORK ON DISEASES OF THE BRAIN AND NERVOUS SYSTEM. 1 PART I, LINE 2: THE AMERICAN BRAIN FOUNDATION'S (ABF) NEXT GENERATION RESEARCH GRANTS PROGRAM FUNDS CLINICAL RESEARCH TRAINING SCHOLARSHIPS (CRTS) AND CLINICIAN SCIENTIST DEVELOPMENT AWARDS (CSDA) OFFERED TO NEUROLOGISTS AND CLINICAL INVESTIGATORS INTERESTED IN ACADEMIC CAREERS IN CLINICAL RESEARCH ON BRAIN DISEASES AND DISORDERS. MORE THAN 80 PERCENT OF THE RECIPIENTS OF THESE ABF-FUNDED AWARDS HAVE GONE ON TO RECEIVE FUNDING FROM NIH, ENABLING A LIFETIME OF RESEARCH ON BRAIN DISEASE. THE ABF AWARDS GRANT FUNDING TO THE RESEARCH PROGRAMS OF THE AMERICAN ACADEMY OF NEUROLOGY, THE NATIONAL MULTIPLE SCLEROSIS SOCIETY, AND OTHER INSTITUTIONS WHO REGRANT FUNDS TO EARLY CAREER INVESTIGATORS THROUGH THEIR INSTITUTIONS. THE ADMINISTERING INSTITUTIONS REPORT PROGRESS ANNUALLY BACK TO THE ABF. X X X X 0 0 0 0 0 0 0 0 0 MICHELLE HERITAGE EXECUTIVE DIRECTOR 258213 0 3494 0 1283 0 26290 0 7612 0 296892 0 0 0 EMILY CHRISTIAN DEPUTY DIRECTOR 74828 0 34351 0 56488 0 8118 0 3806 0 177591 0 9351 0 X 2 64083 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED IS BEING REPORTED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL INCLUDE THE CHAIR, VICE-CHAIR, SECRETARY, TREASURER, AND NO MORE THAN THREE OTHER MEMBERS OF THE BOARD AS APPOINTED BY THE CHAIR. THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. MEETINGS MAY BE CONDUCTED BY GROUP MEETINGS, CONFERENCE CALL, OR OTHER ELECTRONIC MEANS OF COMMUNICATION. BETWEEN MEETINGS OF THE BOARD, THE BOARD'S POWER IS DELEGATED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL REPORT ITS ACTIVITY TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM 990 WAS PRESENTED TO THE FINANCE/AUDIT COMMITTEE BY THE CFO AND THE EXECUTIVE DIRECTOR. THE FINANCE/AUDIT COMMITTEE REVIEWED THE FORM 990 AND IDENTIFIED AND AGREED UPON CHANGES TO BE MADE. IN LINE WITH MINNESOTA LAW, THE FINAL FORM 990 IS PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS. THE FORM 990 IS FILED SUBSEQUENT TO THIS PROCESS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS INDIVIDUALS SERVING AS AN OFFICER, DIRECTOR, COMMITTEE MEMBER, OR POSITIONS OF OFFICIAL RESPONSIBILITY OR LEADERSHIP. ALL COVERED ARE REQUIRED TO COMPLETE A RELATIONSHIP DISCLOSURE STATEMENT ANNUALLY, OR AS CHANGED IN PERSONAL CIRCUMSTANCES OCCUR. THE STATEMENTS ARE REVIEWED AND ACTIONS DETERMINED ACCORDING TO THE FOUNDATION'S HIERARCHY BASED ON POSITION OR BY THE EXECUTIVE COMMITTEE IF A RESOLUTION CANNOT BE MADE. POTENTIAL CONFLICTS ARE HANDLED ON AN INDIVIDUAL BASIS. ACTIONS TAKEN DEPEND ON THE SEVERITY OF THE CONFLICT WHICH INCLUDE NO ACTION REQUIRED, ON-GOING MONITORING WITH APPROPRIATE DISCLOSURE OR WITHDRAWAL FROM THE CONFLICTING RELATIONSHIP. CONFLICT OF INTEREST PROCEEDING ARE DOCUMENTED IN MEETING MINUTES OR AS APPROPRIATE FORM 990, PART VI, SECTION B, LINE 15A THE AMERICAN BRAIN FOUNDATION LEASES ALL EMPLOYEES FROM THE AMERICAN ACADEMY OF NEUROLOGY (AAN) THROUGH A CONTRACTUAL ARRANGEMENT. THIS ARRANGEMENT INCLUDED, AS OF 2024, THE FOUNDATION EXECUTIVE DIRECTOR BEING LEASED THROUGH AAN. THE ABF'S BOARD OF DIRECTORS IS RESPONSIBLE FOR HIRING AND SETTING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE BOARD EMPLOYS PROCEDURES (USE OF INDEPENDENT CONSULTANT, COMPENSATION SURVEY, AND NO INVOLVEMENT OF ANY PERSONS WITH CONFLICT OF INTEREST) AND LAST SET COMPENSATION AMOUNTS IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THE MOST RECENT THREE YEARS AUDITED FINANCIAL STATEMENTS AND IRS FORM 990 AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE FOUNDATION DOES NOT MAKE ITS OTHER GOVERNING DOCUMENTS (E.G. ARTICLES OF INCORPORATION) NOR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 185,338. MANAGEMENT AND GENERAL EXPENSES 67,212. FUNDRAISING EXPENSES 233,031. TOTAL EXPENSES 485,581.