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Hope For Depression Research Foundation C/O Gruss & Co Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204559210 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Hope For Depression Research Foundation C/O Gruss & Co Llc?

Hope For Depression Research Foundation C/O Gruss & Co Llc is a nonprofit organization situated in New York City, specifically at 40 West 57th Street, Suite 1440. The primary purpose of this foundation is to fund innovative neuroscience research into the origins, diagnosis, treatment, and prevention of depression and related mood disorders, such as bipolar disorder, postpartum depression, post-traumatic stress disorder, anxiety disorder, and suicide. Their mission is twofold: first, to finance cutting-edge research in the field, and second, to raise public awareness about depression as a medical illness by educating the public and eliminating the stigma surrounding it. The foundation is led by a team of 9 dedicated individuals.


Official website here: www.hopefordepression.org

Is Hope For Depression Research Foundation C/O Gruss & Co Llc legitimate?

Hope For Depression Research Foundation C/O Gruss & Co Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For Depression Research Foundation C/O Gruss & Co Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $258,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,598

For more financial information, click here


Official website here: www.hopefordepression.org

What is the mission statement of Hope For Depression Research Foundation C/O Gruss & Co Llc?

The Hope For Depression Research Foundation, funded by Gruss & Co Llc, is dedicated to two primary objectives. Initially, they fund innovative neuroscience research to delve into the origins, diagnosis, treatment, and prevention of depression and related mood disorders such as bipolar disorder, postpartum depression, post-traumatic stress disorder, anxiety disorder, and suicide. Secondly, they aim to raise public awareness about depression, viewing it as a medical illness. Their educational initiatives are designed to dismantle the stigma surrounding depression, providing facts and information to the public.


Official website here: www.hopefordepression.org

Who is the CEO of Hope For Depression Research Foundation C/O Gruss & Co Llc?

Audrey B Gruss Chairman is the Chairman & Director of Hope For Depression Research Foundation C/O Gruss & Co Llc.


Official website here: www.hopefordepression.org

What is the revenue of Hope For Depression Research Foundation C/O Gruss & Co Llc?

Hope For Depression Research Foundation C/O Gruss & Co Llc's revenue in 2022 was $7,935,757.


Official website here: www.hopefordepression.org

Who are the executives of Hope For Depression Research Foundation C/O Gruss & Co Llc and what are their salaries?

The average compensation at Hope For Depression Research Foundation C/O Gruss & Co Llc during 2022 was $52,428. There are 9 employees and 58 volunteers at Hope For Depression Research Foundation C/O Gruss & Co Llc.

Here are 11 key members and their salaries:

    Louisa Benton (Executive Director)
  • Compensation: $258,257
  • Related: $0
  • Other: $0

    • Audrey B Gruss (Chairman & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Harold W Koenigsberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Zislin (Vice President / Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Steven P Roose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William T Speck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Robert Michels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr David Kahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin D Gruss (Senior Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bhash Lalta (Vice President / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Keemss (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopefordepression.org

    Where can I find the form 990 for Hope For Depression Research Foundation C/O Gruss & Co Llc?

    The Hope For Depression Research Foundation C/O Gruss & Co Llc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hopefordepression.org

    Learn more at the official website: www.hopefordepression.org

    Mission Statement of Hope For Depression Research Foundation C/O Gruss & Co Llc

    Hope For Depression Research Foundation, a notable organization, is dedicated to two primary objectives. Initially, the foundation funds cutting-edge neuroscience research aimed at uncovering the underlying causes of depression, as well as developing novel and improved treatments for related mood disorders such as bipolar disorder, postpartum depression, post-traumatic stress disorder, anxiety disorder, and suicide.

    In addition to its research efforts, the foundation also prioritizes public awareness about depression. It aims to educate the public, eliminating the stigma surrounding this medical illness. The organization achieves this by disseminating factual information and promoting understanding, ultimately contributing to a more compassionate and supportive society towards individuals suffering from depression.

    Impact

    This information is meant to be a general summary of Hope For Depression Research Foundation C/O Gruss & Co Llc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hope For Depression Research Foundation, operating through Gruss & Co LLC, has a significant impact in funding innovative neuroscience research focused on understanding the root causes of depression and developing new and improved treatments. By supporting research into depression and its related mood disorders such as bipolar disorder, postpartum depression, post-traumatic stress disorder, anxiety disorder, and suicide, the foundation is at the forefront of advancing knowledge and treatment options in the field of mental health. Additionally, the foundation aims to raise public awareness about depression as a medical illness, educating the public and working to reduce the stigma associated with mental health conditions. Their work contributes to the overall understanding and management of depression, benefiting individuals and society as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,803,525
  • Program Service Revenue: $0
  • Gross Receipts: $7,935,757

    • Assets and Liabilities:
  • Total Assets: $50,922,850
  • Total Liabilities: $5,292,413
  • Net Assets: $45,630,437
  • Organization Details

    Founding Year

    2006

    Principal Officer

    Audrey B Gruss Chairman

    Main Address

    40 WEST 57TH STREET STE 1440, NEW YORK, NY, 100194001

    NTEE Category

    Code: H129 - Medical research

    If you are a representative of Hope For Depression Research Foundation C/O Gruss & Co Llc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.