Philadelphia Neurologic Institute Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NE
- Income
- $110,863
- Spending
- $74,723
- Spent on programs
- 100%
- Reserves
- 7.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 78% of charities in its peer group (health care, under $250k).
Reserves
28 of 35Spendable reserves would cover 7.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 33% of income.
Income trend
15 of 15Income rose 65% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 44 out of 100. Higher than 17% of charities in its peer group (health care, under $250k).
Independent board
5 of 250 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $68,379 spent. PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NEUROSCIENCES AND MENTAL HEALTH RELATED START-UPS; (VI) ORGANIZING AND PROVIDING FACILITIES FOR LARGE CONFERENCE MEETINGS; (VII) PROVIDING LABORATORY AND CLINICAL TRAINING FACILITIES FOR DEVELOPMENT OF NEXT GENERATION NEUROSCIENCES INNOVATIONS; (VIII) PROVIDING RESOURCES FOR ASSOCIATED/VISITING FACULTY, ASSOCIATIONS AND ORGANIZATIONS; (IX) SUPPORTING A DEDICATED, COMPREHENSIVE NEUROSCIENCES INSTITUTE DESIGNED TO ATTRACT NATIONALLY RECOGNIZED CLINICIANS AND HOUSE DEDICATED, STATE-OF- THE-ART RESEARCH, INPATIENT AND OUTPATIENT CLINICAL AND REHABILITATION FACILITIES SO AS TO TREAT PATIENTS WITH THE MOST ADVANCED CLINICAL TECHNIQUES IN BOTH NEUROSCIENCES AND MENTAL HEALTH FOCUSED ON IMPROVED PATIENT OUTCOMES; (X) SUPPORTING ON-SITE, DEDICATED OFFICE SPACE FOR ALL NEUROSCIENCES INDUSTRY STAKEHOLDERS WHO ARE FOCUSED ON MEDICAL ADVANCEMENT AND CURE; (XI) SUPPORTING THE DEVELOPMENT OF MENTAL HEALTH-RELATED ADVANCEMENTS; (XII) SUPPORTING DEDICATED ACADEMIC RESEARCH IN THE AREA OF NEUROSCIENCES AND RELATED DISCIPLINES INCLUDING BIOMEDICAL ENGINEERING, (XIV) SUPPORTING RESEARCH, DEVELOPMENT AND COMMERCIALIZATION OF PROMISING NEUROSCIENCES AND REHABILITATION INNOVATIONS; AND (XV) SUPPORTING THE EDUCATION OF CLINICIANS FOCUSED ON ADVANCING AND IMPROVING PATIENT CARE IN THE FIELD OF NEUROSCIENCES. PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") SHALL BE ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THOSE TAX-EXEMPT PURPOSES ENUMERATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT TAX LAW OF THE UNITED STATES, INCLUDING, BUT NOT LIMITED TO, RAISING FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES/DISEASES, SUCH AS STROKE; (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES/DISEASES; (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS IN THEIR AREAS; (IV) CONDUCTING TRAINING AND FUNDING RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS AND DEVICES; (V) PROVIDING INCUBATOR FACILITY FOR NEUROSCIENCES AND MENTAL HEALTH RELATED START-UPS; (VI) ORGANIZING AND PROVIDING FACILITIES FOR LARGE CONFERENCE MEETINGS; (VII) PROVIDING LABORATORY AND CLINICAL TRAINING FACILITIES FOR DEVELOPMENT OF NEXT GENERATION NEUROSCIENCES INNOVATIONS; (VIII) PROVIDING RESOURCES FOR ASSOCIATED/VISITING FACULTY, ASSOCIATIONS AND ORGANIZATIONS; (IX) SUPPORTING A DEDICATED, COMPREHENSIVE NEUROSCIENCES INSTITUTE DESIGNED TO ATTRACT NATIONALLY RECOGNIZED CLINICIANS AND HOUSE DEDICATED, STATE-OF- THE-ART RESEARCH, INPATIENT AND OUTPATIENT CLINICAL AND REHABILITATION FACILITIES SO AS TO TREAT PATIENTS WITH THE MOST ADVANCED CLINICAL TECHNIQUES IN BOTH NEUROSCIENCES AND MENTAL HEALTH FOCUSED ON IMPROVED PATIENT OUTCOMES; (X) SUPPORTING ON-SITE, DEDICATED OFFICE SPACE FOR ALL NEUROSCIENCES INDUSTRY STAKEHOLDERS WHO ARE FOCUSED ON MEDICAL ADVANCEMENT AND CURE; (XI) SUPPORTING THE DEVELOPMENT OF MENTAL HEALTH-RELATED ADVANCEMENTS; (XII) SUPPORTING DEDICATED ACADEMIC RESEARCH IN THE AREA OF NEUROSCIENCES AND RELATED DISCIPLINES INCLUDING BIOMEDICAL ENGINEERING, (XIV) SUPPORTING RESEARCH, DEVELOPMENT AND COMMERCIALIZATION OF PROMISING NEUROSCIENCES AND REHABILITATION INNOVATIONS; AND (XV) SUPPORTING THE EDUCATION OF CLINICIANS FOCUSED ON ADVANCING AND IMPROVING PATIENT CARE IN THE FIELD OF NEUROSCIENCES.
- $6,344 spent. THE MISSION OF PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") IS TO RAISE FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE GENERAL PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES AND DISEASES, (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES AND DISEASES, (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS, AND (IV) FUNDING MEDICAL RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS. A NEUROSCIENCES CONFERENCE WAS HELD DURING THE YEAR AND THE MISSION OF THE CONFERENCE IS TO BRING AWARENESS, FORM ALLIANCES, AND HELP MOVE FORWARD SCIENTIFIC ADVANCEMENT.
- THE MISSION OF PHILADELPHIA NEUROLOGIC INSTITUTE FOUNDATION, INC. (FORMERLY GNI NEUROSCIENCES FOUNDATION, INC.) (THE "CORPORATION") IS TO RAISE FUNDS FOR THE PURPOSE OF: (I) EDUCATING THE GENERAL PUBLIC TO IMPROVE RECOGNITION OF THE SIGNS AND SYMPTOMS OF NEUROLOGICAL INJURIES AND DISEASES, (II) EDUCATING CLINICIANS (PHYSICIANS, RNS, EMS SQUADS, ETC.) TO BETTER RECOGNIZE AND APPROPRIATELY TREAT NEUROLOGICAL INJURIES AND DISEASES, (III) EDUCATING LOCAL COMMUNITIES OF THE CAPABILITIES AND AVAILABILITY OF NEUROSURGICAL AND NEUROLOGICAL SPECIALISTS, AND (IV) FUNDING MEDICAL RESEARCH INTENDED TO RAISE AWARENESS OF AND FURTHER DEVELOP NEUROSCIENCES TREATMENTS. A NEUROSCIENCES CONFERENCE WAS HELD DURING THE YEAR AND THE MISSION OF THE CONFERENCE IS TO BRING AWARENESS, FORM ALLIANCES, AND HELP MOVE FORWARD SCIENTIFIC ADVANCEMENT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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