Brain Research Foundation: FY2024 Nonprofit Profile & Form 990 (EIN 36-2477928)

Terre Constantine’s $376K as Executive Director/CEO is at the 94th percentile of top reported officer pay among 360 $1–10M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Terre Constantine	$375,728	$358,527	$318,917	$278,224	$251,127	$222,127
Sandra Jaggi	$151,247	$139,243	$128,000	$120,943	$119,223	$105,011

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Brain Research Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds neuroscience research to improve understanding of brain function and treatments.

Questions for Brain Research Foundation

Tap to ask. Brain Research Foundation sees how many people are interested.

Your first name shows with your question. Brain Research Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $2.2M · in their own filed words · FY2023

01

The brain research foundation supports professional training, education, and research by providing start-up money for innovative neuroscience research projects across the broad spectrum of these illnesses, including but not limited to: als (lou gehrig's disease), alzheimer's disease, attention deficit disorder, autism, bipolar disorder…

$2.0Mprogram expense

02

The brain research foundation uses promotions, marketing, and printed materials to raise funds for research on brain-related illnesses and to educate the public about neurological disorders and the foundation itself. Our fundraising efforts are to help the over 50 million americans afflicted with neurological disorders.

$77Kprogram expense

03

The brain research foundation supports educational programs for researchers and the general public through our website, printed materials and seminars. BRF sponsors an annual neuroscience day, which educates researchers working on the brain and nervous system.

$71Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2025

Dementia Society INCFY2025$40K

Total grants receivedfrom 1 funder$40K

Grants paid · 6 grants · $10.0M · 2019–2024

Unitemized GrantFY2024$2,150,000

Unitemized GrantFY2023$1,860,000

Unitemized GrantFY2022$1,650,000

Unitemized GrantFY2021$1,807,838

Unitemized GrantFY2020$1,497,743

Unitemized GrantFY2019$1,019,630

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$4.0M

Ln 12

Investment incomeLn 3$2.2M

Gifts and grantsLn 1h$1.9M

Money outPt IX

$3.1M

Ln 25

Programscol B$2.2M

Managementcol C$787K

Fundraisingcol D$144K

Owns and owesPt X

$21.2M

net assets · Ln 32

Cash and savingsLn 1–2$268K

Total assetsLn 16$22.3M

LiabilitiesLn 26$1.1M

PeoplePt VI, VII

19

listed · VII A

PaidVII A2

Voting boardVI 1a16

IndependentVI 1b16

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.9M

Noncash giftsLn 1g$29K

Fundraising eventsLn 1c$1.0M

Investment incomeLn 3$2.2M

Gains on assetsLn 7$1.7M

Total revenueLn 12$4.0M

Assets in detailPt X, end of year

CashLn 1$133K

SavingsLn 2$135K

Cash and savings togetherLn 1–2$268K

InvestmentsLn 11–13$21.8M

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$206K

Total assetsLn 16$22.3M

LiabilitiesLn 26$1.1M

Net assetsLn 32$21.2M

OperationsPt I, VI

EmployeesI 53

VolunteersI 619

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$213K	$268K
InvestmentsLn 11–13	$19.8M	$21.8M
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$20.3M	$22.3M
LiabilitiesLn 26	$1.1M	$1.1M
Net assetsLn 32	$19.2M	$21.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$1.9M	$1.9M
Pay of current officers, directors and key staffLn 5	$440K	$0	$440K	$0
Other salaries and wagesLn 7	$178K	$96K	$31K	$51K
Pension plan contributionsLn 8	$38K	$20K	$7K	$11K
Other employee benefitsLn 9	$6K	$3K	$1K	$2K
Payroll taxesLn 10	$27K	$15K	$5K	$8K
Accounting feesLn 11c	$38K		$38K
Investment management feesLn 11f	$117K		$117K
Other fees for servicesLn 11g	$44K	$44K	$0	$0
Advertising and promotionLn 12	$120K	$65K	$21K	$35K
Office expensesLn 13	$25K	$13K	$4K	$7K
Information technologyLn 14	$13K	$7K	$2K	$4K
OccupancyLn 16	$55K	$30K	$10K	$16K
TravelLn 17	$8K		$8K
Conferences, conventions and meetingsLn 19	$98K		$98K
InsuranceLn 23	$9K	$5K	$2K	$3K
Other expenses (24a–d)Ln 24	$18K	$11K	$3K	$5K
All other expensesLn 24e	$12K	$7K	$2K	$3K
Total functional expensesLn 25	$3.1M	$2.2M	$787K	$144K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$3.0M	$3.4M	−$373K	$22.2M	990 PDF
FY2024 Viewing	$4.0M	$3.1M	$872K	$21.2M	990 PDF
FY2023	$2.3M	$2.7M	−$403K	$19.2M	990 PDF
FY2022	$2.5M	$3.0M	−$466K	$18.3M	990 PDF
FY2021	$4.7M	$2.7M	$2.1M	$24.1M	990 PDF
FY2020	$1.9M	$2.1M	−$183K	$18.7M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $3,977,449 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,538,847$1,879,366

I-9 Program service revenue$0

I-10 Investment incomePrior year $800,462$2,185,667

I-11 Other revenuePrior year −$62,826−$87,584

I-12 Total revenuePrior year $2,276,483$3,977,449

I-13 Grants and similar amounts paidPrior year $1,650,000$1,860,000

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $641,438$688,975

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $387,836$556,611

I-18 Total expensesPrior year $2,679,274$3,105,586

I-19 Revenue less expensesPrior year −$402,791$871,863

Part VI · Governance 16 of 16 board members independent, no flags

VI-1a Voting members of the governing body16

VI-1b Independent voting members16

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $3,977,449 across 8 lines filed

VIII-1c Fundraising events$1,010,889

VIII-1f All other contributions, gifts and grants$868,477

VIII-1g Noncash contributions (included above)$29,348

VIII-1h Total contributions, gifts and grants$1,879,366

VIII-3 Investment incomeExcluded from tax $471,780$471,780

VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,713,887$1,713,887

VIII-8 Net income from fundraising eventsExcluded from tax −$87,584−$87,584

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,098,083$3,977,449

Part IX · Statement of functional expenses $3,105,586 across 18 lines filed

IX-2 Grants to domestic individualsPrograms $1,860,000$1,860,000

IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $440,076 · Fundraising $0$440,076

IX-7 Other salaries and wagesPrograms $95,966 · Management $30,748 · Fundraising $51,430$178,144

IX-8 Pension plan contributionsPrograms $20,377 · Management $6,529 · Fundraising $10,920$37,826

IX-9 Other employee benefitsPrograms $3,219 · Management $1,031 · Fundraising $1,725$5,975

IX-10 Payroll taxesPrograms $14,520 · Management $4,652 · Fundraising $7,782$26,954

IX-11c Accounting feesManagement $38,315$38,315

IX-11f Investment management feesManagement $116,823$116,823

IX-11g Other fees for servicesPrograms $43,553 · Management $0 · Fundraising $0$43,553

IX-12 Advertising and promotionPrograms $64,513 · Management $20,670 · Fundraising $34,574$119,757

IX-13 Office expensesPrograms $13,451 · Management $4,311 · Fundraising $7,208$24,970

IX-14 Information technologyPrograms $6,977 · Management $2,235 · Fundraising $3,739$12,951

IX-16 OccupancyPrograms $29,800 · Management $9,548 · Fundraising $15,972$55,320

IX-17 TravelManagement $7,766$7,766

IX-19 Conferences, conventions and meetingsManagement $98,033$98,033

IX-23 InsurancePrograms $5,063 · Management $1,622 · Fundraising $2,713$9,398

IX-24 Other expenses (24a–d)Programs $10,802 · Management $2,709 · Fundraising $4,531$18,042

IX-24e All other expensesPrograms $6,545 · Management $1,922 · Fundraising $3,216$11,683

IX-25 Total functional expensesPrograms $2,174,786 · Management $786,990 · Fundraising $143,810$3,105,586

Part X · Balance sheet $22,285,786 assets, 15 lines filed

X-1 Cash, non-interest-bearingStart of year $112,769$132,985

X-2 Savings and temporary cash investmentsStart of year $99,818$135,079

X-9 Prepaid expenses and deferred chargesStart of year $0$5,164

X-10c Land, buildings and equipment, netStart of year $0$0

X-11 Publicly traded securitiesStart of year $19,812,723$21,806,512

X-15 Other assetsStart of year $251,169$206,046

X-16 Total assetsStart of year $20,276,479$22,285,786

X-17 Accounts payable and accrued expensesStart of year $66,804$71,324

X-18 Grants payableStart of year $745,000$825,000

X-25 Other liabilitiesStart of year $275,367$226,136

X-26 Total liabilitiesStart of year $1,087,171$1,122,460

X-27 Net assets without donor restrictionsStart of year $17,385,840$19,192,519

X-28 Net assets with donor restrictionsStart of year $1,803,468$1,970,807

X-32 Total net assets or fund balancesStart of year $19,189,308$21,163,326

X-33 Total liabilities and net assetsStart of year $20,276,479$22,285,786

Part XI · Reconciliation of net assets $21,163,326 net assets at year end

XI-1 Total revenue$3,977,449

XI-2 Total expenses$3,105,586

XI-3 Revenue less expenses$871,863

XI-4 Net assets at start of year$19,189,308

XI-5 Net unrealized gains (losses) on investments$1,102,155

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$21,163,326

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Brain Research Foundation FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid