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Nonprofit · EIN 86-1681755

CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC

Tax-exempt · WELLESLEY, MA 02481

Financials

$50K$91K2023$101K$109K2024$150K$240K2025
Revenue Expenses · by fiscal year end
Financials of CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$150,000$239,862-$89,862$12,007$0$12,007
December 31, 2024990-EZ$101,200$109,333-$8,133$101,869$0$101,869
December 31, 2023990-EZ$50,000$90,776-$40,776$110,002$0$110,002
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$150,000

Expenses

Grants and similar amounts paid
$238,048
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,200
Other expenses
$614
Program services (functional)
$238,048

Balance sheet and other

Total assets, start of year
$101,869
Total assets, end of year
$12,007
Total liabilities, end of year
$0
Net assets, end of year
$12,007
Cash, savings and investments
$12,007
Gross receipts
$150,000

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH C AVELLONE MDPRESIDENT5$0
990-EZ for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
JOSEPH C AVELLONE MDPRESIDENT5$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
JOSEPH C AVELLONE MDPRESIDENT5$0

Address and contacts

Address (IRS master file)
21 ELM ST, WELLESLEY, MA 02481-3106
Signed the 990-EZ
JOSEPH C AVELLONE MD, PRESIDENT
Phone
(781) 215-1845
Return prepared by
MILLER WACHMAN LLP

Mission

PROVIDING GRANTS FOR MEDICAL RESEARCH

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PROVIDED GRANT TO DR. DARIUS EBRAHIMI-FAKHARI, DIRECTOR OF MOVEMENT DISORDER PROGRAM AT BOSTON CHILDREN'S HOSPITAL TO RESEARCH NOVEL ASO-BASED TREATMENTS FOR SPG3A,
    Expenses $10,000 · grants $10,000
  • PROVIDED GRANT TO THE UNIVERSITY OF ILLINOIS COLLEGE OF MEDICINE FOR MEDICAL RESEARCH ON HEREDITARY SPASTIC PARAPLEGIA AND RELATED GENE EDITING THERAPIES.
    Expenses $40,000 · grants $40,000
  • PROVIDED GRANT TO THE JACKSON LABORATORY -CHICAGO ILLINOIS FOR MEDICAL STUDY OF GENE THERAPY RESEARCH
    Expenses $188,048 · grants $188,048

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
86-1681755
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,007
Income (IRS master file)
$150,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$150,000$239,862$12,007IRS
990-EZDecember 2024$101,200$109,333$101,869XML
990-EZDecember 2023$50,000$90,776$110,002XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-1681755).

Questions about CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC

What is the EIN of CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC?
The employer identification number (EIN) of CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC is 86-1681755.
Is CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does CARTER FOUNDATION FOR NEUROLOGIC RESEARCH INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $150,000, expenses of $239,862 and total assets of $12,007 at year end.

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