GOLD2025

LuMind IDSC Foundation

Research & Resources for the Down syndrome community

Woburn, MA   |  http://www.lumindidsc.org

Learn how to support this organization
GuideStar Charity Check

LuMind IDSC Foundation

EIN: 37-1483975


Mission

LuMind IDSC Foundation accelerates research to increase availability of therapeutic, diagnostic, and medical care options and we empower families through education, connections, and support.

Ruling year info

2004

President and CEO

Hampus Hillerstrom

Chief Scientific Officer

Richard Fisher

Main address

110 Winn St Ste 105

Woburn, MA 01801-2800 USA

Show more contact info

Formerly known as

Down Syndrome Research and Treatment Foundation

Research Down Syndrome

LuMind Research Down Syndrome Foundation

EIN

37-1483975

Subject area info

Down syndrome

Population served info

People with psychosocial disabilities

People with intellectual disabilities

Adults

Children and youth

NTEE code info

Down Syndrome (G25)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We’re focused on exciting research targeting the root cause with the objective of improving health and independence for our loved ones throughout their lifetimes. Our four priorities are: Preventing Alzheimer’s Disease, Increase Independence (including Cognition, Sleep, Behavior, Speech, and Regression), Develop Gene Therapies and Speed up Access to Treatments

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Research: DS-CTN Down syndrome clinical trials network

The Down Syndrome Clinical Trials Network was built to conduct large-scale, multi-site trials with experienced clinicians who are experts at providing medical care for individuals with Down syndrome. Founded in 2019, today the DS-CTN is accelerating research into the unmet medical needs of people with Down syndrome. 14 DS-CTN Sites in 10 States

Population(s) Served
Adults
People with intellectual disabilities
People with psychosocial disabilities

The Longitudinal Investigation for the Enhancement of Down Syndrome Research (LIFE-DSR) is a multi-year, coordinated research study by medical and academic professionals to track and analyze the medical and physical data of 270 adults with Down syndrome. LIFE-DSR is an observational study. Teams in hospitals and universities collect data points (for example, height and weight, sleeping patterns, and blood samples) gathered over time to help researchers form a clearer picture of the physiology of people with DS

Population(s) Served

Our Consortium bridges industry and Down syndrome experts to build a structured and focused translational approach to Down syndrome-related research. We create and drive high-impact research projects that identify and develop pre-clinical tools and clinical outcome measures to accelerate the pace of research efforts in the DS community.

Population(s) Served

myDSC is a free, online library designed specifically for the Down syndrome community. Curated by trusted professionals, myDSC is a comprehensive directory of evidence-based resources and useful tools for individuals with Down syndrome and their families. The library provides members with reliable, up-to-date information regarding: health and wellness, lifestyle, education, medical and research information.

Population(s) Served
People with intellectual disabilities
People with psychosocial disabilities
Adults

LuMind IDSC Family Weekend is the largest event of its kind for individuals with Down syndrome and their families. The event gathers more than 4,000 people at Great Wolf Lodge locations all across the country and Canada.

Population(s) Served

LuMind IDSC frequently hosts free webinars to keep the Down syndrome community and the research community up-to-date on the latest in Down syndrome research, Down syndrome resources, medical conditions and treatments, caregiver concerns, and mental health.

Population(s) Served

We help connect people with other individuals with Down syndrome and their families by joining our Facebook groups. Facebook groups include: Adoptive Families Support, Babies and Toddlers, Conexion en Espanol, Grandparents, Prenatal Diagnosis and many others.

Population(s) Served
Adults
People with intellectual disabilities
People with psychosocial disabilities

Where we work

  • Canada

  • United States

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

LuMind IDSC envisions a world where every person with Down syndrome thrives with improved health, independence, and opportunities to reach their fullest potential. We accelerate research to increase the availability of therapeutic, diagnostic, and medical care options and we empower families through education, connections, and support.

Down syndrome research offers opportunities for people of all ages with Down syndrome. Your support is essential to finding safe, effective drugs and interventions to improve health and independence. We empower families through education, connections and support. Your gift is crucial to furthering these breakthroughs

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive, We share the feedback we received with the people we serve

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

LuMind IDSC Foundation
Fiscal year: Oct 01 - Sep 30
Financial documents
2023 LuMind IDSC Foundation
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2024 info

SOURCE: IRS Form 990

3.33

Average of 1.09 over 10 years

Months of cash in 2024 info

SOURCE: IRS Form 990

1.8

Average of 4.3 over 10 years

Fringe rate in 2024 info

SOURCE: IRS Form 990

18%

Average of 18% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

LuMind IDSC Foundation

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

LuMind IDSC Foundation

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

LuMind IDSC Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of LuMind IDSC Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2020 2021 2022 2023 2024
Unrestricted surplus (deficit) before depreciation -$25,536 $780,405 -$1,189,068 $470,009 $875,922
As % of expenses -1.0% 23.6% -25.5% 12.3% 22.9%
Unrestricted surplus (deficit) after depreciation -$35,962 $714,823 -$1,256,396 $307,692 $702,424
As % of expenses -1.4% 21.2% -26.6% 7.7% 17.6%
Revenue composition info
Total revenue (unrestricted & restricted) $1,863,831 $5,267,215 $2,742,364 $3,159,544 $4,039,327
Total revenue, % change over prior year -51.4% 182.6% -47.9% 15.2% 27.8%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.1% 0.5% 0.3%
Government grants 0.0% 6.2% 0.0% 11.0% 0.0%
All other grants and contributions 98.5% 93.8% 99.9% 88.5% 99.3%
Other revenue 1.5% 0.0% 0.0% 0.0% 0.4%
Expense composition info
Total expenses before depreciation $2,560,366 $3,302,344 $4,659,529 $3,817,206 $3,818,208
Total expenses, % change over prior year -26.5% 29.0% 41.1% -18.1% 0.0%
Personnel 37.3% 38.7% 46.4% 44.8% 52.3%
Professional fees 11.8% 6.2% 6.9% 13.3% 6.6%
Occupancy 2.1% 1.4% 1.2% 1.5% 0.4%
Interest 0.5% 0.0% 0.1% 0.0% 0.0%
Pass-through 39.9% 45.6% 9.6% 0.0% 0.0%
All other expenses 8.4% 8.0% 35.8% 40.4% 40.7%
Full cost components (estimated) info 2020 2021 2022 2023 2024
Total expenses (after depreciation) $2,570,792 $3,367,926 $4,726,857 $3,979,523 $3,991,706
One month of savings $213,364 $275,195 $388,294 $318,101 $318,184
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $230,923 $0 $272,265 $0 $0
Total full costs (estimated) $3,015,079 $3,643,121 $5,387,416 $4,297,624 $4,309,890

Capital structure indicators

Liquidity info 2020 2021 2022 2023 2024
Months of cash 1.3 5.6 2.4 2.2 1.8
Months of cash and investments 1.3 5.6 2.4 2.2 1.8
Months of estimated liquid unrestricted net assets -0.6 2.2 -2.2 -1.4 1.3
Balance sheet composition info 2020 2021 2022 2023 2024
Cash $283,239 $1,551,887 $943,623 $707,582 $580,373
Investments $0 $0 $0 $0 $0
Receivables $1,826,302 $2,655,533 $754,462 $139,169 $74,385
Gross land, buildings, equipment (LBE) $259,962 $304,726 $576,991 $648,483 $648,483
Accumulated depreciation (as a % of LBE) 8.9% 29.1% 27.0% 49.1% 75.8%
Liabilities (as a % of assets) 65.8% 38.9% 33.2% 50.2% 20.5%
Unrestricted net assets $117,205 $832,028 -$424,368 -$116,676 $585,748
Temporarily restricted net assets N/A N/A N/A N/A N/A
Permanently restricted net assets N/A N/A N/A N/A N/A
Total restricted net assets $723,951 $1,908,417 $1,870,836 $743,165 $88,363
Total net assets $841,156 $2,740,445 $1,446,468 $626,489 $674,111

Key data checks

Key data checks info 2020 2021 2022 2023 2024
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President and CEO

Hampus Hillerstrom

Hampus Hillerstrom is President and CEO of LuMind IDSC Foundation since September 2017, after serving on the board of directors for three years. Previously, he cofounded Proclara Biosciences in 2007, a company developing a novel approach for treating Alzheimers, Parkinsons and other protein misfolding diseases. Previously, he spent three years as an associate at leading European biotech venture capital firm HealthCap where he participated in a large number of investment transactions including several IPOs. Hampus also spearheaded a project at AstraZeneca to evaluate decisionmaking leading to Phase III clinical trials. Hampus holds a Masters in Economics and Finance from the University of St. Gallen (Switzerland), an MBA from Harvard Business School, and an MSc in Health Sciences and Technology from MIT/Harvard Medical School (HST). Hampus and his wife, Lianor are raising sons Oskar, the oldest who has Down Syndrome, and his partner in mischief Sebastian.

Chief Scientific Officer

Richard Fisher

As the Chief Scientific Officer, Dr. Fisher directs scientific initiatives for LuMind IDSC. Recently, Dr. Fisher was the Chief Scientific Officer at Vigil Neuroscience, where he helped build the microglia-focused biology team. Previously, Dr. Fisher served in a senior scientific leadership role for Flagship Pioneering FL60 (now Vesalius Therapeutics); where he worked with the founders in building a stem cell-based biology team. Dr. Fisher served as the Chief Scientific Officer at Proclara Bioscience, where he helped establish the scientific team. He was a key member in the development of a novel approach, called GAIM, to lower amyloid loads in Alzheimers disease, culminating in the clinical trials of two novel drug candidates. Education: Post-doctoral fellowship: University of Chicago (Biophysics) PhD: University of Iowa College of Medicine (Microbiology/Molecular Genetics) BA: University of Iowa (Zoology)

Number of employees

Source: IRS Form 990

LuMind IDSC Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

LuMind IDSC Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

LuMind IDSC Foundation

Board of directors
as of 5/19/2025
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization

Anthony Providenti

Beverly Paperiello

Chris Senna DIRECTOR

Claudia Moreira

Das Narayandas

Giri Krishnamoorthy

Hector Guinness

Jeff Strobel

Karen Gaffney

Lasandra Brill DIRECTOR

Ludevine Van Der Heyden

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? yes

Organizational demographics

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

The organization's co-leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.