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CHARITY REVIEW
Issued: June 2025 Expires: June 2027

NARSAD: dba Brain and Behavior Research Foundation

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(800) 829-8289
747 Third Avenue, 33rd Floor
New York, NY, 10017
https://bbrfoundation.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

NARSAD: dba Brain and Behavior Research Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to raise and distribute funds for scientific research into the causes, treatments, cures, and prevention of metal illnesses."

Year, State Incorporated:
1981, KY

Also Known As:
Brain and Behavior Research Foundation

NARSAD reports that it works to research psychiatric disorders and develop measures to prevent and better diagnose the illnesses. The organization distributes grants to find the cause and prevention of disorders such as depression, schizophrenia, anxiety, autism, bipolar, ADHD, PTSD and OCD. The research also aims to help build careers of young scientists, augment the career opportunities of established scientists, and enable scientists to pursue new ideas.

For the year ended December 31, 2024, NARSAD: dba Brain and Behavior Research Foundation's program expenses were:

Research grants and awards: $10,722,382

Scientific advancement: $2,397,371

Program support: $2,513,497

Total Program Expenses: $15,633,250

Chief Executive
Jeffrey Borenstein, MD, President and Chief Executive Officer

Compensation*
$596,615

Chair of the Board
Geoffrey A. Simon

Chair's Profession / Business Affiliation
Investment Manager

Board Size
18

Paid Staff Size
12

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio

Fundraising costs were 5% of related contributions. (Related contributions, which totaled $21,159,825, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on NARSAD: dba Brain and Behavior Research Foundation's audited financial statements for the year ended December 31, 2024.

Source of Funds
Contributions $15,589,932
Special events, net $42,878
In-kind contributions $2,054,955
Bequests $3,472,060
Realized and unrealized gains on investments, net $3,698,514
Appreciation of assets held in charitable remainder trust, net $414,370
Dividend and interest income $1,462,573
Total Income $26,735,282

Programs: 85% Fundraising: 5% Administrative: 10%

Total Income $26,735,282
Total expenses: $18,433,283
  Program expenses $15,633,250
  Fundraising expenses $989,718
  Administrative expenses $1,810,315
  Other expenses $0
Income in Excess of Expenses $8,301,999
Beginning Net Assets $37,167,186
Other Changes In Net Assets $0
Ending Net Assets $45,469,185
Total Liabilities $16,992,149
Total Assets $62,461,334

Note: According to NARSAD's audited financial statements - consolidated - for the year ended December 31, 2024, the organization received $2,054,955 in contributed goods and services including scientific council ($1,590,810) and advertising ($464,145).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance