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California · Nonprofit

The Ketamine Research Foundation

The Ketamine Research Foundation (California) receives grants from 11 organizations whose IRS filings report $1,271,618 to it, the largest being The Mental Insight Foundation ($640,000). 6 of them have funded it in more than one year.

Revenue FY2024
$674k
Funders on record
11
Grants received
$1.3M
Net assets
$559k
6/11 repeat funderspeak grant-dependency 40%
01What it does

What The Ketamine Research Foundation does

Mission

The specific purpose of the corporation shall include, without limitation: to evolve and provide research, training, and education in the development of Ketamine's use for psychiatric and psychotheraputic science and clinical practice.

As stated on its FY2024 Form 990.

Programs

  1. Ketamine is the only legally available medicine with psychedelic therapeutic methodologies and practices that will serve as a model and development ground as other psychoactive medicines become available for clinical practice. This makes for streamlined and creative research, with appropriate safeguards with FDA and IRB approvals as appropriate.KRF's 2024 achievements were as follows: Completed Phantom Limb Protocol and submitted it to FDAin Review. IRB gave conditional approval based on FDA review Our Acute Trauma PTSD protocol was sent, taught and utilized in the Ukraine, Israel, North Carolina's disaster and elsewhere. KRF took leadership in dealing with trauma treatment worldwide and presented its protocol and is providing ongoing training KRF's protocol for Women's Wellbeing with the treatment of luteal face PMS and PMDD was submitted to FDA for an INDin review Setting Standards for Safe and Effective Ketamine Use-- KRF as the standard bearer for the use of ketamine clinicallyAnd for its safe use personally. KRF published major articles on KAP in academic journals, participated in numerous podcasts and programs, and had several journalistic pieces published.

    $252,349 spentof which $5,000 as grants$14,409 earned by the program
    42% of program spending
  2. KRF's Ketamine Training Center continued its practitioner training programs with over 1000 persons trained as of 2024. Our 2nd Annual Dharma K program was held as well as our Advanced Sharing program. WE remain as the principle and most complete training organization for KAP and Ketamine work. The BIPOC program continues to support diversity with scholarship assistance to trainees.KRF's Ketamine Psychotherapy Associates membership program now has over 100 members and provides ongoing support for practitioners and KAP practices. Our Access to Care program provide funds for our members to support those who cannot afford care.

    $349,701 spentof which $750 as grants$334,913 earned by the program
    58% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $602,050.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($777k) Expenses 100 ($554k) Net assets 100 ($278k)2020 Revenue 55 ($429k) Expenses 55 ($304k) Net assets 145 ($403k)2021 Revenue 130 ($1.0M) Expenses 137 ($759k) Net assets 234 ($652k)2022 Revenue 114 ($889k) Expenses 170 ($940k) Net assets 216 ($600k)2023 Revenue 114 ($884k) Expenses 173 ($959k) Net assets 189 ($526k)2024 Revenue 87 ($674k) Expenses 116 ($641k) Net assets 201 ($559k)
201920202021202220232024
Revenue (87)Expenses (116)Net assets (201)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 2020 to 2021, from $403k to $652k (+62%).

$278k
$403k
$652k
$609k
$528k
$561k
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 9% · 2020 66% · 2021 36%. Grants only. Government contracts and fees sit inside program revenue.

48% of The Ketamine Research Foundation’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$223k
’19
$125k
’20
$249k
’21
−$52k
’22
−$74k
’23
$33k
’24
10
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

Philip E Wolfson MD

CEO

Board chair

Monica Winsor

Chair of the Board

As listed on its FY2024 Form 990.

201920202021202220232024
Listed333787
Joined·+0+0+5+3+2
No longer listed·00123
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $112k → $153k.

5 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of The Ketamine Research Foundation’s funders (the co-funder graph). 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

The Ketamine Research Foundation leans on a few funders — its largest provides 50% of grant income and the top three 78%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

35% 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 The Ketamine Research Foundation.

50%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2019 76% · 2020 64% · 2021 62% · 2022 34% · 2023 65% — diversifying over time.

“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

75% of The Ketamine Research Foundation's funders are still giving 2 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y

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

73% of The Ketamine Research Foundation's grant income comes from California funders.

NY
MA
NJ
CA

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

’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $363k arriving through sponsors registered in 5 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

The Ketamine Research Foundation is better cushioned than half of the 13,754 health nonprofits its size.

Operating margin5% · below the median
Months of reserve10.4mo · above the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024

Organizations like The Ketamine Research 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 California

Nationally

05Profile & governance

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

Where the money goes

94% of spending goes to programs.

Program 94%Management 4%Fundraising 2%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for The Ketamine Research 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 The Ketamine Research Foundation?
The Ketamine Research Foundation (California) receives grants from 11 organizations whose IRS filings report $1,271,618 to it, the largest being The Mental Insight Foundation ($640,000). 6 of them have funded it in more than one year.
How many funders does The Ketamine Research Foundation have?
IRS filings report 11 organizations giving $1,271,618 in grants to The Ketamine Research Foundation, 6 of which have funded it in more than one year.
Who is the largest funder of The Ketamine Research Foundation?
The Mental Insight Foundation is the largest funder on record, with $640,000 in grants. The full list of funders is on this page.
How can an organization like The Ketamine Research Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Ketamine Research →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 11 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 14, 2026. What this page cannot tell you · view filing