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research dossier

MQ FOUNDATION INC

NEW YORK, NY · EIN 823922797 · Form 990 · FY2024 · NTEE F12 · Mental Health & Crisis Intervention · Small ($100K-$1M) · mqfoundation.com
revenue
$877K
expenses
$640K
net assets
$965K
employees
1
volunteers
13
program ratio
29%
mission · from form 990

TO PROMOTE, ADVANCE, FOSTER AND SUPPORT MENTAL HEALTH RESEARCH INTO THE NATURE, CAUSE, DIAGNOSIS, TREATMENT, CURE AND PREVENTION OF ALL FORMS OF MENTAL ILLNESS AND TO PROMOTE PUBLIC AWARENESS AND SUPPORT FOR THIS IMPORTANT RESEARCH AND TREATMENT.

profile · synthesized from sources

MQ Foundation Inc is a U.S.-based nonprofit organization dedicated to advancing mental health research and promoting public awareness of mental illness. It supports scientific inquiry into the causes, diagnosis, treatment, and prevention of mental health conditions through strategic grantmaking. The foundation operates with a focus on fostering innovation in mental health science and strengthening the research ecosystem in the United States and internationally.

irs program accomplishments · form 990 part iii · fy2020

What they reported doing

  1. #1 primary $5K
    THE ORGANIZATION MADE A GRANT OF $5,000 TO THE GRAHAM BOECKH FOUNDATION OF CANADA TO SUPPORT THE INTERNATIONAL ALLIANCE OF MENTAL HEALTH RESEARCH FUNDERS (IAMHRF) FUNDING LANDSCAPE PROJECT.
named programs · 1 · from sources

What they call their work

International Alliance of Mental Health Research Funders (IAMHRF) Support
Provides funding to support the IAMHRF Funding Landscape Project, which aims to map and coordinate global mental health research funding efforts to improve collaboration and strategic investment.
activities · 3 groups

What they do

  • Mental Health Research and Services Funding 3 activities
    • Funding early-career mental health researchers through the Fellow Awards program
      Supports early-career scientists conducting mental health research via a structured fellowship program that provides funding, mentorship, and access to experts and individuals with lived experience. The inaugural 2024 cohort included three fellows researching suicidality, post-traumatic stress symptoms, and anxiety.
    • Funding international mental health research coordination initiatives
      Finances the Graham Boeckh Foundation of Canada to support the International Alliance of Mental Health Research Funders (IAMHRF) Funding Landscape Project, which aims to coordinate and map global mental health research funding efforts.
    • Funding mental health research through grants to institutions and researchers
      Provides funding for mental health research across scientific disciplines at leading institutions, supporting work that detects, prevents, and treats mental illness. This includes multi-year grants such as up to $332,500 over three years for early career scientists.
  • Mental Health Education and Awareness 1 activity
    • Advocating for evidence-based mental health policy
      Engages in advocacy to promote evidence-based healthcare policies in mental health, influencing decision-making and systemic approaches to mental health care and research funding.
  • Uncategorized 1 activity
    • Administering competitive grant selection processes with stakeholder engagement
      Implements a rigorous, multi-stage selection process for its Fellow Awards involving internal staff review, external peer reviewers, interviews with research committee and public/patient representatives, and input from the Lived Experience Expert Network to ensure transparency and inclusivity in funding decisions.
financials · form 990 · fy2024
revenue
Total revenue$877K
Contributions & grants$885K101%
Program service revenue$00%
Investment income$3K0%
Other revenue$-11K
expenses
Total expenses$640K
Program expenses29%
Admin / overhead47%
Fundraising24%
Salaries & benefits$343K
Grants paid out$48K
Largest expense lineCompensation
balance sheet
Total assets$1.24M
Cash$883K
Investments$0
Liabilities$279K
Net assets$965K
Liquid reserves16.6 mo
5 years on record · 2020–2024 · YoY revenue -10.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ANN RICHMAN EXEC DIRECTOR/SECRETARY 35 $327K
board members · 13
  • BARBARA RICCI — DIRECTOR
  • CAROL WORTHMAN PHD — DIRECTOR
  • CHRIS O'CONNOR — DIRECTOR
  • EMILY HOLMES — DIRECTOR
  • EVAN STIEGLITZ — DIRECTOR
  • HAYDEN HOROWITZ — DIRECTOR
  • HENRY BEDFORD — DIRECTOR (UNTIL 12/16/24)
  • JOHN HERRMANN JR — CHAIRMAN & FOUNDER
  • JULIA PINOVER KUPIEC — DIRECTOR
  • LISA YAHR — DIRECTOR
  • MICHAEL J HORVITZ — PRESIDENT
  • RONA DAVIS — DIRECTOR (UNTIL 01/23/24)
  • SARAH PAPINEAU — DIRECTOR
relationships · 12

Who they work with

  • EMDRIA Foundation Partner — Collaborates to offer research grants incorporating Eye Movement Desensitization and Reprocessing (EMDR) therapy.
  • Graham Boeckh Foundation of Canada Partner — Recipient of a grant to support the International Alliance of Mental Health Research Funders (IAMHRF) Funding Landscape Project.
  • Jewish Board of Family & Children’s Services Partner — John A. Herrmann Jr. and Ron Acker both have leadership affiliations with the Jewish Board of Family & Children’s Services, indicating shared institutional engagement.
  • Lived Experience Expert Network Partner — Collaborates with the Lived Experience Expert Network to incorporate input from individuals with lived mental health experience into the Fellow Award selection process.
  • MQ Mental Health Research Partner — Primary grantee and research partner; the MQ Foundation raises funds to support its research initiatives.
  • MQ: Mental Health Research Network — MQ Foundation is affiliated with MQ: Mental Health Research, a UK-based mental health research charity; Emily Holmes previously served on its Board of Trustees.
  • National Public Radio Funder — John A. Herrmann Jr. holds leadership roles in National Public Radio, indicating a broader philanthropic network connection.
  • The Cleveland Clinic Foundation Government — Michael J. Horvitz serves as a trustee of The Cleveland Clinic Foundation, indicating a professional governance link between leadership and a major healthcare institution.
  • The Frick Collection Partner — Michael J. Horvitz serves as a trustee and chairs key committees at The Frick Collection, reflecting cross-sector leadership ties.
  • UJA/Federation of New York Funder — John A. Herrmann Jr. holds leadership roles in UJA/Federation of New York, suggesting a potential funding or network affiliation.
  • UNICEF Funder — John A. Herrmann Jr., Founder and Chairman of MQ Foundation, holds leadership roles in UNICEF, indicating a high-level institutional connection.
  • Yale Medical School Partner — Collaborates with researchers from Yale Medical School, as exemplified by Dr. Rebecca Etkin's participation in the MQ Fellows program.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Lived Experience Integration in Research Governance
    methodology: lived-experience-integration
    By incorporating input from individuals with lived mental health experience into grantmaking decisions, we ensure research addresses real-world patient needs and produces meaningful outcomes, because community-informed prioritization increases relevance and impact.
  • Science-Based Research Funding
    methodology: evidence-over-guesswork
    By funding rigorous, evidence-based scientific research rather than assumptions, we advance effective mental health treatments and prevention strategies, because empirical validation ensures scalable and reliable progress.
  • Transdisciplinary Support for Early-Career Researchers
    methodology: transdisciplinary-research-funding
    By investing in early-career scientists across diverse disciplines, we catalyze innovative and transformative mental health research, because interdisciplinary collaboration at the career launch stage fosters novel approaches to complex problems like EMDR therapy and emotion regulation.