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Minnesota · Nonprofit

AMERICAN BRAIN FOUNDATION

AMERICAN BRAIN FOUNDATION (Minnesota) receives grants from 111 organizations whose IRS filings report $18,408,170 to it, the largest being SKYLIGHT CHARITABLE TRUST ($3,709,523). 47 of them have funded it in more than one year.

Revenue FY2025
$7.8M
Funders on record
111
Grants received
$18M
Net assets
$18M
47/111 repeat funderspeak grant-dependency 66%
01What it does

What American Brain Foundation does

Mission

The American Brain Foundation accelerates breakthrough research across brain diseases and disorders by investing in innovative science, early-career investigators, and cross-disease discoveries that advance treatments, cures, and brain health for all.

As stated on its FY2025 Form 990.

Programs

  1. The foundation advanced public understanding of brain research and brain health through educational content, research updates, patient and caregiver stories, public events, and donor engagement. These efforts helped people see the connections among brain diseases, reduce stigma, and understand the urgency and promise of research. Through its cure one, cure many approach, the foundation showed how discoveries in one brain disease can accelerate progress across many, inspiring awareness, advocacy, and philanthropic support.

    $889,892 spent
    10% of program spending
  2. In 2025, the foundation invested in research across multiple brain diseases through its next generation research grants and cure one, cure many initiatives. It funded early-career investigators and innovative projects in als, ald, alzheimer's and age-related cognitive decline, epilepsy, frontotemporal degeneration, lewy body diseases, multiple sclerosis, neuromuscular disease, neurological health disparities, parkinson's disease, peripheral neuropathy, and stroke. These grants help launch research careers; more than 95% of nearly 330 foundation-funded investigators have secured follow-on support from nih or other major funders. The foundation also advanced two cross-disease initiatives to target shared mechanisms and accelerate discoveries for patients.

    $8,135,005 spentof which $8,135,005 as grants
    90% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $9,024,897.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.0M) Expenses 100 ($2.8M) Net assets 100 ($11M)2018 Revenue 51 ($2.5M) Expenses 134 ($3.7M) Net assets 90 ($10M)2019 Revenue 118 ($5.9M) Expenses 167 ($4.6M) Net assets 101 ($12M)2020 Revenue 119 ($5.9M) Expenses 149 ($4.1M) Net assets 120 ($14M)2021 Revenue 179 ($8.9M) Expenses 163 ($4.5M) Net assets 144 ($17M)2022 Revenue 120 ($5.9M) Expenses 280 ($7.7M) Net assets 115 ($13M)2023 Revenue 209 ($10M) Expenses 180 ($5.0M) Net assets 170 ($19M)2024 Revenue 125 ($6.2M) Expenses 191 ($5.3M) Net assets 177 ($20M)2025 Revenue 158 ($7.8M) Expenses 400 ($11M) Net assets 160 ($18M)
'17'18'19'20'21'22'23'24'25
Revenue (158)Expenses (400)Net assets (160)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $17M to $22M (+30%).

$12M
$11M
$13M
$15M
$18M
$17M
$22M
$22M
$22M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

97% of AMERICAN BRAIN FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$2.2M
’17
−$1.2M
’18
$1.3M
’19
$1.8M
’20
$4.4M
’21
−$1.8M
’22
$5.4M
’23
$985k
’24
−$3.2M
’25
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michelle Heritage

Executive director

Board chair

Sean Sansiveri

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed192222222218202021
Joined·+4+8+3+4+2+4+9+7
No longer listed·18346296
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 40 funders, grant income rose $370k → $2.9M.

24 of 111 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6.7M from 2 payers (the payer shares this organization's board, largest American Academy of Neurology Institute). These are real filings, and they are not money AMERICAN BRAIN FOUNDATION raised.

From the IRS filings of AMERICAN BRAIN FOUNDATION’s funders (the co-funder graph). Top 30 of 111 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AMERICAN BRAIN FOUNDATION has a broad base — no single funder exceeds 20% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AMERICAN BRAIN FOUNDATION.

20%
largest funder
40%
top three
~12
effective funders

Largest funder’s share by year: 2017 27% · 2018 17% · 2019 21% · 2020 26% · 2021 44% · 2022 39% · 2023 38% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of AMERICAN BRAIN FOUNDATION's funders are still giving 3 years after their first grant; 42% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

AMERICAN BRAIN FOUNDATION draws 99% of its grant income from funders outside Minnesota, across 26 states in all.

WA
MN
IL
NY
MA
NV
IA
IN
OH
PA
NJ
CT
CA
WV
VA
MD
DE
AZ
KS
TN
NC
SC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 17 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AMERICAN BRAIN FOUNDATION is better cushioned than half of the 5,002 health nonprofits its size.

Operating margin−41% · bottom quartile
Months of reserve4.4mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025

Organizations like AMERICAN BRAIN FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 7%Fundraising 11%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 39 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
UT
CO
MO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
DC
HI
OK
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for AMERICAN BRAIN FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AMERICAN BRAIN FOUNDATION?
AMERICAN BRAIN FOUNDATION (Minnesota) receives grants from 111 organizations whose IRS filings report $18,408,170 to it, the largest being SKYLIGHT CHARITABLE TRUST ($3,709,523). 47 of them have funded it in more than one year.
How many funders does AMERICAN BRAIN FOUNDATION have?
IRS filings report 111 organizations giving $18,408,170 in grants to AMERICAN BRAIN FOUNDATION, 47 of which have funded it in more than one year.
Who is the largest funder of AMERICAN BRAIN FOUNDATION?
SKYLIGHT CHARITABLE TRUST is the largest funder on record, with $3,709,523 in grants. The full list of funders is on this page.
How can an organization like AMERICAN BRAIN FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 111 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing