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Foundation Of Hope For Research And Treatment Of Mental Illness

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

EIN: 566246626 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Foundation Of Hope For Research And Treatment Of Mental Illness?

The Foundation of Hope for Research and Treatment of Mental Illness is a non-profit organization, based in Raleigh, North Carolina, dedicated to conquering mental illness. They achieve this by investing in groundbreaking scientific research and mental health initiatives. Notably, they have provided a mental health initiative grant to the UNC Psychiatry Pediatric Behavior Clinic and research grants for various studies, such as exploring novel glutamatergic mechanisms for the treatment of substance use disorders, investigating systemic inflammation in alcohol use disorder, and examining the network neuroscience of a brief intervention for stress and depression symptoms in college students. Their workforce consists of 16 individuals, demonstrating their commitment to advancing mental health research and treatment.


Official website here: www.walkforhope.com

Is Foundation Of Hope For Research And Treatment Of Mental Illness legitimate?

Foundation Of Hope For Research And Treatment Of Mental Illness is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Hope For Research And Treatment Of Mental Illness 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: $81,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,050

For more financial information, click here


Official website here: www.walkforhope.com

What is the mission statement of Foundation Of Hope For Research And Treatment Of Mental Illness?

The Foundation of Hope for Research and Treatment of Mental Illness is dedicated to overcoming mental illness by funding groundbreaking scientific research and mental health initiatives. This organization invests in various studies aimed at developing innovative treatments, such as a novel glutamatergic mechanism for treating substance use disorders and co-occurring anxiety, investigating biomarkers of systemic inflammation in alcohol use disorder, and exploring network neuroscience of a brief intervention for stress and depression symptoms in college students, among others. Their efforts are focused on advancing our understanding of mental illness and finding more effective approaches to its treatment.


Official website here: www.walkforhope.com

Who is the CEO of Foundation Of Hope For Research And Treatment Of Mental Illness?

Sarah Wesley Fox is the Chair of Foundation Of Hope For Research And Treatment Of Mental Illness.


Official website here: www.walkforhope.com

What is the revenue of Foundation Of Hope For Research And Treatment Of Mental Illness?

Foundation Of Hope For Research And Treatment Of Mental Illness' revenue in 2022 was $2,733,837.


Official website here: www.walkforhope.com

Who are the executives of Foundation Of Hope For Research And Treatment Of Mental Illness and what are their salaries?

The average compensation at Foundation Of Hope For Research And Treatment Of Mental Illness during 2022 was $16,361. There are 16 employees and 324 volunteers at Foundation Of Hope For Research And Treatment Of Mental Illness.

Here are 21 key members and their salaries:

    Shelley Eure Belk (Executive Director)
  • Compensation: $81,731
  • Related: $0
  • Other: $11,050

    • Sarah Wesley Fox (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Zarzar Md (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Skvarla (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Naftel Md (Interim Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Bischoff 12022-22022 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Boole 72022-122022 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Cantando (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Taylor B Cash Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Asa Cordle Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jody Darden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Doebler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Hackett 72022-122022 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Jones 72022 - 122022 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amber Moshakos 12022-62022 (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Quirk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rubinow Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Stocks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Thanhauser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Sears (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marion Winston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.walkforhope.com

    Where can I find the form 990 for Foundation Of Hope For Research And Treatment Of Mental Illness?

    The Foundation Of Hope For Research And Treatment Of Mental Illness’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.walkforhope.com

    Learn more at the official website: www.walkforhope.com

    Mission Statement of Foundation Of Hope For Research And Treatment Of Mental Illness

    The Foundation of Hope for Research and Treatment of Mental Illness is a nonprofit organization dedicated to overcoming mental illness through groundbreaking scientific research and mental health initiatives. By investing in these areas, the foundation seeks to make significant strides in understanding and treating mental health conditions.

    One of the ways the Foundation of Hope supports its mission is by providing grants for mental health research. For instance, a grant was given to the UNC Psychiatry Pediatric Behavior Clinic. Additionally, research grants were allocated to the UNC Department of Psychiatry for various studies. These studies include investigations into novel glutamatergic mechanisms for the treatment of cocaine and opioid use disorders, circuit-level investigations of global hypoconnectivity in a mouse model for autism, biomarkers of systemic inflammation in alcohol use disorder, data-driven brain shape analysis framework and explainable AI, hormone flux and the emergence of irritability during pregnancy, network neuroscience of a novel brief intervention for stress and depression symptoms in college students, the comorbidity of depression and cardiovascular disease in midlife women, a pilot study of psilocybin-assisted therapy in treatment-resistant depression, a web-based intervention to prove mental health outcomes among newly diagnosed parents with cancer, and a transitional approach to identify biomarkers of COVID-19 related social stress in healthcare workers.

    In summary, the Foundation of Hope for Research and Treatment of Mental Illness is committed to conquering mental illness through scientific research and mental health initiatives. By providing grants for various studies, the foundation supports cutting-edge research aimed at improving our understanding and treatment of mental health conditions.

    Impact

    This information is meant to be a general summary of Foundation Of Hope For Research And Treatment Of Mental Illness. Please take the time to review official sources before making any decisions based upon the content provided here.




    Monday, June 17, 2024

    The Foundation of Hope for Research and Treatment of Mental Illness has made a significant impact in the field of mental health by investing in groundbreaking scientific research and mental health initiatives. Their grants have supported various studies at UNC Department of Psychiatry, focusing on a wide range of mental health issues such as behavioral disorders, addiction, autism, depression, and more. By funding these research projects, the Foundation of Hope is contributing to the advancement of knowledge and potential treatments for mental illnesses, ultimately working towards conquering mental health challenges. Their support is crucial in fostering innovation and progress in the field of mental health.





    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: $29,766
  • Program Service Revenue: $0
  • Gross Receipts: $4,717,266

    • Assets and Liabilities:
  • Total Assets: $8,348,572
  • Total Liabilities: $0
  • Net Assets: $8,348,572
  • Organization Details

    Founding Year

    1984

    Principal Officer

    Sarah Wesley Fox

    Main Address

    9401 GLENWOOD AVENUE, RALEIGH, NC, 27617

    NTEE Category

    Code: F80 - Mental health

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