EIN 26-2117502

Max Planck Florida Institute for Neuroscience (MPFI)

IRS 501(c) type
501(c)(3)
Num. employees
165
State
Year formed
2007
Most recent tax filings
2022-12-01
Description
Max Planck Florida Institute is the first Institute the German-based Max Planck Society has established in the US. Combining advanced techniques in neural circuit analysis, they develop new technologies to study brain structure, function and development.
Also known as...
Max Planck Florida Corporation
Total revenues
$25,710,512
2022
Total expenses
$26,604,986
2022
Total assets
$102,337,886
2022
Num. employees
165
2022

Program areas at MPFI

Max Planck Florida Corporation established its first scientific department in the summer of 2009 and has expanded to two research divisions and six research groups to fulfill its purpose to expand knowledge of the biosciences, and educate and train young scientists for biomedical research. The eight research labs focus in the areas of disorders of neural circuit function, mechanisms of synaptic signaling and computation, functional architecture and development of cerebral cortex, development and function of inhibitory neural circuits, neuronal mechanisms of episodic memory, neuronal signal transduction, neural dynamics and cognitive functions, and neuroenergetics. (continued on schedule o)the Institute and max-planck-gesellschaft zur foerderung der wissenschaften e.v. (Max Planck society for the advancement of science - "Max Planck society") have a funding agreement whereby Max Planck society will provide annual funding for essential core scientific and administrative operations based on a mutually agreed upon budget. During 2022, the Institute received $15,868,733 from Max Planck society, which consists of $14,681,590 for operations, $758,952 for research groups, and $428,191 for graduate programs funding

Who funds Max Planck Florida Institute for Neuroscience (MPFI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dr Miriam and Sheldon G. Adelson Medical Research FoundationMedical Research$346,681
Community Foundation for Palm Beach and Martin CountiesGeneral Support$130,400
Sloane Family FoundationTo Fund the Recipient's Operating Budget.$125,000
...and 6 more grants received

Personnel at MPFI

NameTitleCompensation
David FitzpatrickScientific Director and Ceodr. / Chief Executive Officer and Scientific Director / Chief Scientific Director and Chief Executive Officer$466,734
Ivan C Baines CooChief Operating Officer
Matthias HauryChief Operations Officer and Treasurer / Chief Operating Officer$342,891
Sean CoveleskiVice President and Chief Development Officer$148,662
Doris ForchheimerVice President for Finance / Vice President Finance / Controller / Accounting Manager$182,644
...and 8 more key personnel

Financials for MPFI

RevenuesFYE 12/2022
Total grants, contributions, etc.$22,067,073
Program services$320,104
Investment income and dividends$1,354,824
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,926,752
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$2,208
Miscellaneous revenues$39,551
Total revenues$25,710,512

Form 990s for MPFI

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-11-11990View PDF
2020-122021-10-12990View PDF
2019-122021-02-24990View PDF
2018-122019-12-11990View PDF
...and 9 more Form 990s
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
December 30, 2023
Used new vendors
Identified 1 new vendor, including
December 25, 2023
Received grants
Identified 3 new grant, including a grant for $346,681 from Dr Miriam and Sheldon G. Adelson Medical Research Foundation
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Medical research organizationsResearch centersCharities
Issues
Science and technologyHealthMedical disciplinesPublic policy
Characteristics
Political advocacyConducts researchLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportTax deductible donations
General information
Address
1 Max Planck Way
Jupiter, FL 33458
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
mpfi.org/ 
Phone
(561) 972-9000
Facebook page
Max.Planck.Florida.Institute 
Twitter profile
@mpfneuro 
IRS details
EIN
26-2117502
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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