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Nonprofit · EIN 41-1563321

MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE

Tax-exempt · MINNEAPOLIS, MN 55415

Financials

$3.8M$3.8M2023$3.8M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,845,550$3,850,852-$5,302$20,286$0$20,286
December 31, 2023990-PF$3,800,550$3,799,393$1,157$25,588$0$25,588
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,845,550

Expenses

Grants and similar amounts paid
$3,247,889
Compensation of officers, directors and key employees
$36,000
Disbursements for charitable purposes
$3,962,273

Balance sheet and other

Total assets, start of year
$25,588
Total assets, end of year
$20,286
Total liabilities, end of year
$0
Net assets, end of year
$20,286
Fair market value of assets
$20,286
Qualifying distributions
$3,962,273

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
J Anthony Movshon PhD
921 WASHINGTON AVE S, Minneapolis, MN 55415
President (through May 2024), Director1.3$11,000
Kelsey Martin MD PhD
921 WASHINGTON AVE S, Minneapolis, MN 55415
Vice President (through May 2024), President (beginning June 2024)1.1$6,000
Ming Guo MD PhD
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director1.1$5,000
Richard Mooney
921 WASHINGTON AVE S, Minneapolis, MN 55415
Vice President (beginning June 2024)1.1$5,000
Vanessa Franke - Ruta
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.3$3,000
Markus Meister
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.4$3,000
Catherine Dulac
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.2$1,000
Michael D Ehlers MD PhD
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.2$1,000
Leslie Vosshall
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.2$1,000
Dana Anderson
921 WASHINGTON AVE S, Minneapolis, MN 55415
Director0.2$0
Stephanie Duffy
921 WASHINGTON AVE S, Minneapolis, MN 55415
Secretary/Treasurer0.2$0
990-PF for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
J Anthony Movshon PhD
710 S 2ND ST STE 400, Minneapolis, MN 554012290
President1.3$11,000
Kelsey Martin MD PhD
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Vice President1.1$9,000
Ming Guo MD PhD
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director1.1$5,000
Richard Mooney
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director1.1$5,000
Markus Meister
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director0.4$2,000
Catherine Dulac
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director0.2$1,000
Leslie Vosshall
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director0.2$1,000
Kara Carlisle
710 Second Street South Suite 400, Minneapolis, MN 554012290
DIRECTOR (Through June 2023)0.2$0
Stephanie Duffy
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Secretary/Treasurer (Beginning June 2023)0.2$0
Dana Anderson
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director0.2$0
Michael D Ehlers MD PhD
710 S 2ND ST STE 400, Minneapolis, MN 554012290
Director0.2$0
ERIKA BINGER
710 Second Street South Suite 400, Minneapolis, MN 554012290
SECRETARY/TREASURER (Through June 2023)0.9$0

Address and contacts

Address (IRS master file)
921 WASHINGTON AVE S, MINNEAPOLIS, MN 55415-1257
Signed the 990-PF
Nichol Higdon, VP of Finance and Operations
Phone
(612) 333-4220
Return prepared by
CROWE LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
41-1563321
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$20,286
Income (IRS master file)
$3,845,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,845,550$3,850,852$20,286IRS
990-PFDecember 2023$3,800,550$3,799,393$25,588XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1563321).

Questions about MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE

What is the EIN of MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE?
The employer identification number (EIN) of MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE is 41-1563321.
Is MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE file?
Form 990-PF. Private foundations file every year.
When is the next return of MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE?
The 990-PF for the year ended December 31, 2024 lists 11 people; 9 received compensation from the organization, the highest $11,000 (J Anthony Movshon PhD, President (through May 2024), Director).
How much revenue does MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,845,550, expenses of $3,850,852 and total assets of $20,286 at year end.

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