Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
 
Number and street (or P.O. box number if mail is not delivered to street address)710 S 2ND ST STE 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Minneapolis, MN554012290
A Employer identification number

41-1563321
B Telephone number (see instructions)

(612) 333-4220
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$9,972J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,699,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... 0 0 0
12 Total. Add lines 1 through 11........ 3,699,000 0 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 43,000     43,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment 8,513 0 0 8,513
c Other professional fees (attach schedule).... Click to see attachment 168,000 0 0 168,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 0 0 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 326,575     326,575
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 14,472 0 0 14,472
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 560,560 0 0 560,560
25 Contributions, gifts, grants paid....... 3,147,220 3,147,220
26 Total expenses and disbursements. Add lines 24 and 25 3,707,780 0 0 3,707,780
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -8,780
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 18,752 9,972 9,972
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment0 0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 0 0
14 Land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,752 9,972 9,972
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 18,752 9,972
30 Total net assets or fund balances (see instructions)..... 18,752 9,972
31 Total liabilities and net assets/fund balances (see instructions). 18,752 9,972
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,752
2
Enter amount from Part I, line 27a .....................
2
-8,780
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,972
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
9,972
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 0
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 3,720,106 883,094 4.212582
2016 3,758,647 830,392 4.526353
2015 3,710,738 479,338 7.741381
2014 3,713,180 422,782 8.782730
2013 3,652,814 239,177 15.272430
2
Total of line 1, column (d) .....................
2
40.535476
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
8.107095
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
826,175
5
Multiply line 4 by line 3......................
5
6,697,879
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
0
7
Add lines 5 and 6........................
7
6,697,879
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,707,780
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.neuroscience.mcknight.org
    14
    The books are in care ofbulletTherese Casey Telephone no.bullet (612) 333-4220

    Located atbullet710 S 2ND ST STE 400MinneapolisMN ZIP+4bullet554012290
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    HUDA ZOGHBI MD PRESIDENT
    1.200     		13,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    THOMAS JESSELL PHD VICE PRESIDENT
    0.500     		6,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    ERIKA BINGER SECRETARY/TREASURER
    0.200     		0 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    J ANTHONY MOVSHON PHD DIRECTOR
    1.300     		6,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    KELSEY MARTIN MD PHD DIRECTOR
    1.800     		7,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    MARKUS MEISTER DIRECTOR
    1.600     		5,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    MICHAEL D EHLERS MD PHD DIRECTOR
    0.800     		0 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    RICK SCOTT DIRECTOR
    0.800     		0 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    WENDY SUZUKI PHD DIRECTOR
    1.300     		6,000 0 0
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    The McKnight Foundation Administrative Services 100,000
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    Total number of others receiving over $50,000 for professional services.............bullet1
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SEE SCHEDULE O 304,312
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    838,756
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    838,756
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    838,756
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    12,581
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    826,175
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    41,309
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
     
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,707,780
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,707,780
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,707,780
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$  
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
    0 0 0 0 0
    b 85% of line 2a ......... 0 0 0 0 0
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		3,707,780 3,720,106 3,758,647 3,710,738 14,897,271
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		3,147,220 3,148,550 3,149,388 3,148,679 12,593,837
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		560,560 571,556 609,259 562,059 2,303,434
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		27,539 29,436 27,680 15,978 100,634
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    MEFN Selection Committee
    710 S 2ND ST STE 400
    Minneapolis,MN554012290
    neuro@mcknight.org
    bThe form in which applications should be submitted and information and materials they should include:
    See Supplemental Information
    cAny submission deadlines:
    See Supplemental Information
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    See Supplemental Information
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    David Foster
    Johns Hopkins School of Medicine
    Baltimore,MD21218     		None PC The Duel Role of Hippocampal Place-cell Sequences in Learning and Memory 100,000
    Ueli Rutishauser & Adam Mamelak
    Cedars-Sinai Medical Center
    Los Angeles,CA90048     		None PC Hippocampal Theta Rhythm-medicated coordination of Neural Activity in Human Memory 100,000
    Daphna Shohamy
    Columbia University
    New York,NY10027     		None PC How Episodic Memory Guides Decisions: Neural Mechanisms and Implications for Memory Loss 100,000
    Kimberley Tolias and Andreas Tolias
    Baylor College of Medicine
    Houston,TX77030     		None PC Studying Global Memory Traces at Single Synapse Resolution 100,000
    Donna J Calu
    University of Maryland Medical Scho
    ol
    Baltimore,MD21201     		None GOV Individual Differences in Attention Signaling in Amygdala Circuits 100,000
    Fred Gage & Matthew Shtrahman
    Salk Institute UCSD
    San Diego,CA92093     		None PC Using Deep In Vivo Two-Photon CA2+ Imaging to Study Temporal Pattern Separation 100,000
    Gabriel Kreiman
    Childrens Hospital Boston
    Boston,MA02115     		None PC How Episodic Memory Guides Decisions: Neural Mechanisms and Implications for Memory Loss 100,000
    Boris Zemelman & Daniel Johnston
    U of Texas Austin
    Austin,TX78712     		None GOV Prefrontal Dysfunction in Fragile X Syndrome 100,000
    Elizabeth Buffalo
    University of Washington Medical Sc
    hool
    Seattle,WA98185     		None GOV Neural Dynamics of Memory and Cognition in the Primate Hippocampal Formation 100,000
    Mauricio Delgado
    Rutgers University
    Newark,NJ07012     		None PC The Regulation of Negative Autobiographical Memories via Positive Emotion-focused Strategies 100,000
    Bruce Herring
    University of Southern California
    Los Angeles,CA90007     		None GOV Understanding Synaptic Dysfunction in Autism Spectrum Disorder 100,000
    Steve Ramirez
    Boston University
    Boston,MA02215     		None PC Artificially Modulating Positive and Negative Memories to Alleviate Maladaptive Fear Responses 100,000
    Jose Carmena & Michel Maharbiz
    U of California Berkeley
    Berkeley,CA94720     		None GOV Neural Dust: an Ultrasonic, Low Power, Extreme Miniature Technology for Completely Wireless and Untethered Neural Recordings in the Brain 100,000
    Ali Ghollipour
    Harvard Medical School
    Cambridge,MA02138     		None PC Motion-robust Imaging Technology for Quantitative Analysis of Early Brain Development 100,000
    Alexander Schier
    Harvard University
    Cambridge,MA02138     		None PC Recording the History of Neuronal Activity Through Genome Editing 100,000
    Michale S Fee
    Massachusetts Institute of Technolo
    gy
    Cambridge,MA02139     		None PC New technologies for imaging and analyzing neural state-space trajectories in freely-behaving small animals" 100,000
    Marco Gallio
    Northwestern University
    Evanston,IL60208     		None PC Re-wiring connections in the living brain 100,000
    Sam Sober and Muhannad Bakir
    Emory University/Georgie Tech
    Atlanta,GA30332     		None PC Flexible electrode arrays for large-scale recordings of spikes from muscle fibers in freely behaving mice and songbirds 100,000
    Mark Andermann
    Beth Israel Deaconess Medical Cente
    r/Harvard
    Boston,MA02215     		None PC A Pathway for Hunger Modulation of Learned Food Cue Responses in Insular Cortex 75,000
    John Cunningham
    Columbia University
    New York,NY10027     		None PC The Computational Structure of Populations of Neurons in the Motor Cortex 75,000
    Roozbeh Kiani
    New York University
    New York,NY10003     		None PC Hierarchical Decision Processes that operate over Distinct Time Scales Underlie Choice and Changes in Strategy 75,000
    Yuki Oka
    California Institute of Technology
    Pasadena,CA91125     		None PC Peripheral and Central Mechanisms of Body Fluid Regulation 75,000
    Abigail Person
    University of Colorado Denver
    Denver,CO80204     		None GOV Circuit Mechanisms of Cerebellar Motor Correction 75,000
    Wei Wei
    University of Chicago
    Chicago,IL60637     		None PC Dendritic Processing of Visual Motion in the Retina 75,000
    Martha Bagnall
    Washington University in St Louis
    St Louis,MO63130     		None PC Sensory and motor computations underlying postural control 75,000
    Stephen Brohawn
    U of California Berkeley
    Berkeley,CA94720     		None GOV Mechanisms of Biological Force Sensation 75,000
    Mehrdad Jazayeri
    Massachusetts Institute of Technolo
    gy
    Cambridge,MA02139     		None PC Thalamocortical Mechanisms of Flexible Motor Timing 75,000
    Katherine Nagel
    New York University
    New York,NY10003     		None PC Neural Mechanisms Underlying Olfactory Search Behavior in Drosophila Melanogaster 75,000
    Matthew Pecot
    Harvard Medical School
    Boston,MA02138     		None PC Defining the Transcriptional Logic Underlying Neural Network Assembly in the Drosophila Visual System 75,000
    Michael Yartsev
    U of California Berkeley
    Berkeley,CA94720     		None GOV Neurobiological Basis of Vocal Production Learning in the Developing Mammalian Brain 75,000
    Eiman Azim
    Salk Institute
    La Jolla,CA92097     		None PC Spinal Circuits Controlling Dexterous Forelimb Movement 75,000
    Rudy Behnia
    Columbia University
    New York,NY10027     		None PC State-dependent Neuromodulation of a Circuit for Motion Vision 75,000
    Felice Dunn
    University of California San Franci
    sco
    San Francisco,CA94143     		None GOV The Establishment and Regulation of Rod and Cone Vision 75,000
    John Tuthill
    University of Washington
    Seattle,WA98195     		None GOV Proprioceptive Feedback Control of Locomotion in Drosophila 75,000
    Mingshan Xue
    Baylor College of Medicine
    Houston,TX77030     		None PC Function and Mechanism of Input-specific Homeostatic Synaptic Plasticity In Vivo 75,000
    Brad Zuchero
    Stanford University
    Palo Alto,CA94305     		None PC Mechanisms of Myelin Membrane Growth and Wrapping 75,000
    Returned Award Funds
    C/O THE MCKNIGHT FOUNDATION 710 S 2
    ND ST STE 400
    MINNEAPOLIS,MN554012290     		RETURNED AWARD PC RETURNED AWARD -2,780
    Total .................................bullet 3a 3,147,220
    bApproved for future payment
    Denise Cai
    Icahn School of Medicine at Mount S
    inai
    New York,NY100296574     		NONE PC Circuit Mechanisms of Memory-Linking 300,000
    Xin Jin
    The Salk Institute for Biological S
    tudies
    La Jolla,CA92097     		NONE PC Dissecting Striatal Patch and Matrix Compartments for Action Learning 300,000
    Ilya Monosov
    Washington School of Medicine in St
    Louis
    St Louis,MO63130     		NONE PC The Neuronal Mechanisms of Information Seeking Under Uncertainty 300,000
    Vikaas Sohal
    University of California San Franci
    sco
    San Francisco,CA94143     		NONE GOV Using New Approaches for Voltage Imaging to Test How Prefrontal Dopamine Receptors Contribute to Gamma Oscillations and Flexible Behavior: 300,000
    Michale S Fee
    Massachusetts Institute of Technolo
    gy
    Cambridge,MA02139     		NONE PC New technologies for imaging and analyzing neural state-space trajectories in freely-behaving small animals" 100,000
    Marco Gallio
    Northwestern University
    Evanston,IL60208     		NONE PC Re-wiring connections in the living brain 100,000
    Sam Sober and Muhannad Bakir
    Emory University/Georgie Tech
    Atlanta,GA30332     		NONE PC Flexible electrode arrays for large-scale recordings of spikes from muscle fibers in freely behaving mice and songbirds 100,000
    Eiman Azim
    Salk Institute
    La Jolla,CA92097     		NONE PC Spinal Circuits Controlling Dexterous Forelimb Movement 150,000
    Rudy Behnia
    Columbia University
    New York,NY10027     		NONE PC State-dependent Neuromodulation of a Circuit for Motion Vision 150,000
    Felice Dunn
    University of California San Franci
    sco
    San Francisco,CA94143     		NONE GOV The Establishment and Regulation of Rod and Cone Vision 150,000
    John Tuthill
    University of Washington
    Seattle,WA98195     		NONE GOV Proprioceptive Feedback Control of Locomotion in Drosophila 150,000
    Mingshan Xue
    Baylor College of Medicine
    Houston,TX77030     		NONE PC Function and Mechanism of Input-specific Homeostatic Synaptic Plasticity In Vivo 150,000
    Brad Zuchero
    Stanford University
    Palo Alto,CA94305     		NONE PC Mechanisms of Myelin Membrane Growth and Wrapping 150,000
    Total .................................bullet 3b 2,400,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 0 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    0
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007697
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
     
    Employer identification number

    41-1563321
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
          		Employer identification number
    41-1563321
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE MCKNIGHT FOUNDATION
     
    710 S 2ND ST STE 400
     
    MINNEAPOLIS, MN554012290

    		$ 3,699,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
          		Employer identification number

    41-1563321
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
          		Employer identification number

    41-1563321
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID: 18007697
    Software Version: 2018v3.1

    TY 2018 AccountingFeesSchedule
    Name:
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
    EIN:
    41-1563321
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional Fees 8,513 0 0 8,513

    TY 2018 GeneralExplanationAttachment
    Name:
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
    EIN:
    41-1563321
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Identifier Return Reference Explanation
    ANNUAL CONFERENCE Form 990-PF, Part IX, Line 1 The 2018 McKnight Conference on Neuroscience was held from Friday evening, June 8 through Monday morning, June 11, 2018. One hundred and nine neuroscientists attended, including six members of the board of directors of the McKnight Endowment Fund for Neuroscience, 12 members of the awards selection committees, five Doupe Fellows, and five guest speakers. Twenty-three McKnight award recipients, five McKnight Doupe Fellows, and five guest speakers presented the findings of their brain research projects over the course of the weekend. The special lecture topics were: "Deciphering the Brain's Code for Faces and Objects," presented by Dr. Doris Tsao, California Institute for Technology; and "Making up your Mind: The Generation and Integration of GABAergic Interneurons into Cortical Circuitry," presented by Dr. Gordon Fishell, Harvard University. The Brain Disease workshop was on Breathing" and featured renowned researchers Drs. Jack Feldman (UCLA); Mark Krasnow (Stanford University); and Nino Ramirez (Seattle Children's Hospital). The sessions included: * Award recipient scientific speaking presentations (three sessions) * Brain Disease Workshop (one session) * Technology workshop and technology demonstrations (one session) * Award recipient scientific poster presentations (two sessions) * Keynote Speaker Sessions (two sessions) Since the conference program incorporates 15 minutes of question and answer following each presentation, the conference audience benefited from an open discussion of the research work presented. Additionally, the poster session and the Tech Demo session are interactive and include open discussions. The McKnight Conference on Neuroscience provides a forum for: 1) sharing of research developments by and between McKnight awardees through the formal presentations; 2) sharing of research work in informal discussions; and 3) monitoring by the board of directors and review committee members of the research work being supported by the McKnight Endowment Fund for Neuroscience. The next McKnight Conference on Neuroscience is scheduled to be held June 7-10, 2019, in Aspen, CO. Eleven recent recipients of a McKnight award; four former recipients of a McKnight award; and five guest speakers will present the findings of their brain research projects. Nine current McKnight awardees and five Doupe Fellows will present research posters.
    AWARDS Form 990-PF, Part XV, Line 2b The McKnight Endowment Fund for Neuroscience is an independent charitable organization established by The McKnight Foundation to carry out the intention of its founder, William L. McKnight (1887-1979). Mr. McKnight, who led the 3M company for three decades, had a personal interest in memory and its diseases and set aside part of his legacy to bring hope to those suffering from brain injury or disease and cognitive impairment. The Endowment Fund fulfills this mission by supporting innovative research in neuroscience through three competitive annual awards. The awards complement each other to support both young and established neuroscientists and to encourage interdisciplinary collaboration. Each in a different way, the three programs seek out investigators whose research shows promise in bringing society closer to preventions, treatments, and cures for many devastating diseases. Research supported by the Endowment Fund has furthered understanding of Alzheimer's disease, Parkinson's disease, spinal cord injuries, and many other cognitive impairments. The Endowment Fund is led by a board of eminent neuroscientists, with administrative support from The McKnight Foundation. Each award has its own selection committee, also made up of prominent scientists. The commitee recommends awardees, and the board has the final approval. McKnight Scholar Awards The McKnight Scholar Awards encourage neuroscientists in the early stages of their careers to focus on disorders of learning and memory. These awards support young scientists who hold the M.D. and/or Ph.D. degree, who have completed formal postdoctoral training and who demonstrate a commitment to neuroscience. The Endowment Fund especially seeks applicants working on problems that, if solved at the basic level, would have immediate and significant impact on clinically relevant issues, especially those related to deficits of memory and cognition. For descriptions of previous awards, please go to the Endowment Fund website. Each year up to six Scholars are selected to receive three years of support at $75,000 per year. Funds may be used in any way that will facilitate development of the Scholar's research program, but not for indirect costs. Scholars must have authorization from the home institution to work in the U.S. and must hold full time appointments at the rank of assistant professor at their sponsoring institution; scientists holding other titles such as research assistant professor, adjunct assistant professor, assistant professor research track, visiting professor or instructor are not eligible. Employees of the Howard Hughes Medical Institute or scientists within the intramural program of the National Institutes of Health are not eligible. Application materials are available in September each year, and completed applications should be emailed to an account set up for this purpose (neuro@mcknight.org). Each applicant must ensure that four letters of reference are submitted to the email account; these letters are an integral part of the application. Awards are announced in May and begin on July 1. McKnight Technological Innovations in Neuroscience Awards These awards encourage and support scientists working on the development of novel and creative approaches to understanding brain function. The Endowment Fund is interested in how a new technology may be used to monitor, manipulate, analyze, or model brain function at any level, from the molecular to the entire organism. Technology may take any form, from biochemical tools to instruments to software and mathematical approaches. Because the program seeks to advance and enlarge the range of technologies available to the neurosciences, research based primarily on existing techniques will not be considered. For descriptions of previous awards, please go to the Endowment Fund website. The first step is to submit a two-page letter of intent describing the project and how the technology involved will enrich the neurosciences and become accessible to other research in the field. Investigators must have authorization from the home institution to work in the U.S. and must hold full time appoitnments at the rank of assistant professor or higher at the sponsoring institution; Scientists holding other titles such as research professor, adjunct professor, professor research track, visiting professor, or instructor are not eligible. Funds may be used toward a variety of research activities, but not the recipient's salary. Employees of the Howard Hughes Medical Institute or scientists within the intramural program of the National Institutes of Health are not eligible. The selection committee will invite a few applicants to send detailed proposals, from which up to three awards will be made. Each award provides $100,000 annually for two years. Letters of intent are due in early December and can be uploaded by accessing the online URL set up for this purpose. Awards are announced in late June and begin on August 1. McKnight Memory and Cognitive Disorders Awards The Memory and Cognitive Disorders Awards support neuroscientists who are working to apply the knowledge achieved through basic or clincial research to human brain disorders that affect memory or cognition. They are designed to stimulate innovative approaches that might lead to therapies and cures. Competitive projects would include those that address memory or cognition under normal and pathological conditions, including proposals that address the mechanisms of memory or cognition at the synaptic, cellular, molecular, genetic or behavioral level in animals, including humans. We are particularly interested in proposals that incorporate fundamentally new approaches, as well as those that involve human experimentation. Collaborative and cross-disciplinary applications are encouraged. For descriptions of previous awards, please go to the Endowment Fund website. The first step is to submit a two-page letter of intent describing the project and how the research will be applied to improving the understanding of a brain disorder or disease, especially diseases related to memory or cognitive disorders. The letter should clearly describe how the proposed research will uncover mechanisms of brain injury or disease and how it could translate to diagnosis, prevention, treatment, or cure. Investigators must have authorization from the home institution to work in the U.S. and must hold full time appoitnments at the rank of assistant professor or higher at the sponsoring institution; scientists holding other titles such as research professor, adjunct professor, professor research track, visiting professor, or instructor are not eligible. Funds may be used toward a variety of research activities, but not the recipient's salary. Employees of the Howard Hughes Medical Institute or scientists within the intramural program of the National Institutes of Health are not eligible. The selection committee will invite a few applicants to submit detailed proposals, from which up to four awards will be selected. Each provides $100,000 annually for three years. Letters of intent are due in late March/early April and and can be uploaded by accessing the online URL set up for this purpose. Awards are announced in December and begin February 1 of the following year.

    TY 2018 OtherExpensesSchedule
    Name:
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
    EIN:
    41-1563321
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Postage and Shipping 2,378 0 0 2,378
    Communication Expense 5,500 0 0 5,500
    Miscellaneous 504 0 0 504
    Computer Services 6,090 0 0 6,090


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE MCKNIGHT ENDOWMENT FUND FOR NEUROSCIENCE
    EIN:
    41-1563321
    Software ID:
    18007697
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE SERVICE FEES 100,000 0 0 100,000
    COMMITTEE FEES 68,000 0 0 68,000