Zucker Institute For Applied Neurosciences Inc.

The Zucker Institute For Applied Neurosciences Inc. is a 501(c)(3) nonprofit organization based in the United States, focused on medical research and neuroscience. Its primary mission is to apply scientific and clinical discoveries to solve concrete neuroscience problems through technological advancements, aiming to improve patient care and outcomes.

Category and Purpose

The Institute falls under the category of medical research, specifically focusing on neurology and neuroscience. It is categorized under the National Taxonomy of Exempt Entities (NTEE) for these purposes. Donations to this organization are tax-deductible.

Financial Overview

In recent years, the Institute has derived a significant portion of its revenue from contributions and program services. For instance, in its fiscal year ending June 2020, contributions made up approximately 35.4% of total revenue, with program services accounting for 64.6%. Investment income was negligible during this period. Expenses primarily included executive compensation and salaries for other personnel.

Leadership and Governance

The leadership of the Institute includes key personnel such as the CEO and Vice President, among others. The governance structure also includes trustees who oversee operations and strategic decisions.

However, it appears that the Zucker Institute for Innovation Commercialization, often mentioned alongside the Institute for Applied Neurosciences, serves a different purpose. It is involved in evaluating and managing intellectual assets, particularly those generated by the Medical University of South Carolina (MUSC), and focuses on transforming innovative ideas into market-ready solutions.

There may be confusion between the two entities due to similar names and involvement in scientific research. The Zucker Institute for Innovation Commercialization does not operate under the same nonprofit designation as the Zucker Institute For Applied Neurosciences Inc. (EIN: 461014824).