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Banner Alzheimer's Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204862361 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Banner Alzheimer's Foundation?

The Banner Alzheimer's Foundation, established in 2006, serves as a philanthropic resource for the Banner Alzheimer's Institute (BAI). Located in Phoenix, Arizona, this nonprofit organization is dedicated to securing charitable contributions that support BAI's mission to end Alzheimer's disease and provide comprehensive care for patients and their families. The foundation plays a crucial role in funding groundbreaking research initiatives, prevention studies, family outreach, counseling, and support services offered by BAI. By stewarding these charitable gifts, Banner Alzheimer's Foundation contributes significantly to BAI's ongoing efforts to advance the understanding and treatment of Alzheimer's disease.


Official website here: www.bannerhealthfoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.

Banner Alzheimer's Foundation has achieved an impressive rating of 95%, reflecting its strong commitment to accountability and financial integrity. The foundation excels in several key areas, including having a fully independent board and exemplary financial oversight practices. Its financial statements and policies indicate a high level of transparency, contributing to a solid reputation among its stakeholders.

The organization's program expense ratio stands at 100%, meaning that all of its expenses are directed towards its programs, which is a significant strength. Additionally, its fundraising efficiency is notable, with no costs incurred, allowing more resources to be allocated towards its mission. The working capital ratio suggests a robust financial health, ensuring the foundation can sustain its operations for an extended period.

While the foundation's performance is commendable, it's essential for potential donors and supporters to continue monitoring its activities and outcomes. The strong financial metrics are promising, yet ongoing evaluation of program impacts and community engagement will be vital in maintaining trust and effectiveness in the long run.


This AI summary has been generated from information found on Charity Navigator.

Is Banner Alzheimer's Foundation legitimate?

Banner Alzheimer's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banner Alzheimer's Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bannerhealthfoundation.org

What is the mission statement of Banner Alzheimer's Foundation?

The Banner Alzheimer's Foundation (BAF) serves as a philanthropic resource, managing charitable donations to further the mission of Banner Alzheimer's Institute (BAI). Established in 2006, BAF's primary objective is to support BAI in its endeavors, which include groundbreaking research initiatives, pioneering prevention studies, family outreach, counseling, and various support services. The foundation's purpose is to secure charitable contributions in support of BAI's mission to put an end to Alzheimer's disease and establish a comprehensive standard of care for patients and their families.


Official website here: www.bannerhealthfoundation.org

Who is the CEO of Banner Alzheimer's Foundation?

Unavailable The CEO's salary of Banner Alzheimer's Foundation is $0 and their total compensation is $802,634.


Official website here: www.bannerhealthfoundation.org

What is the revenue of Banner Alzheimer's Foundation?

Banner Alzheimer's Foundation's revenue in 2022 was $2,089,381.


Official website here: www.bannerhealthfoundation.org

Who are the executives of Banner Alzheimer's Foundation and what are their salaries?

There 6 volunteers at Banner Alzheimer's Foundation.


Here are 9 key members and their salaries (Banner Alzheimer's Foundation's CEO's salary is $0 and their total compensation is $802,634):


Jerre Stead (Director/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sklar (Director/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Stead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Markus Reinhard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Von Blucher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Stocky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Toole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Petersen (President/Ceo)
  • Compensation: $0
  • Related: $742,946
  • Other: $59,688
Hazel Richards (Sr Dir/Chief Development Officer)
  • Compensation: $0
  • Related: $200,616
  • Other: $22,255


Official website here: www.bannerhealthfoundation.org

Where can I find the form 990 for Banner Alzheimer's Foundation?

Banner Alzheimer's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bannerhealthfoundation.org

Learn more at the official website: www.bannerhealthfoundation.org

Mission Statement of Banner Alzheimer's Foundation

The Banner Alzheimer's Foundation, established in 2006, serves as a philanthropic resource for Banner Alzheimer's Institute (BAI). Its mission is to secure and manage charitable contributions, thereby supporting BAI's mission to advance groundbreaking research initiatives and pioneering prevention studies in the fight against Alzheimer's disease. The foundation aims to prevent the disease from affecting future generations and sets a comprehensive standard of care for patients and their families. In addition to funding research, the Banner Alzheimer's Foundation provides family outreach, counseling, and support services, ensuring that BAI can fulfill its commitment to ending Alzheimer's and offering compassionate care to those affected by the disease.

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Impact




October, 2024

Banner Alzheimer's Foundation plays a pivotal role in advancing the mission of Banner Alzheimer's Institute by securing and stewarding charitable gifts that support a wide range of initiatives. Established in 2006, the foundation is dedicated to ending Alzheimer's disease and setting a comprehensive standard of care for patients and their families.

Through its efforts, the foundation facilitates groundbreaking research and pioneering prevention studies, addressing the pressing need for innovative solutions in the fight against Alzheimer's. Additionally, it enhances community well-being through family outreach, counseling, and support services. This multi-faceted approach not only contributes to scientific advancements but also ensures that families affected by Alzheimer's receive essential resources and assistance, ultimately fostering a healthier future for generations to come.




This information is meant to be a general summary of Banner Alzheimer's Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,089,381 (2022)
Expenses
$9,791,838 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $482,635
  • Gross Receipts: $2,089,381

Assets and Liabilities:

  • Total Assets: $29,692,618
  • Total Liabilities: $218,683
  • Net Assets: $29,473,935

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Organization Details

Founding Year

2006

Main Address

2901 N CENTRAL AVE 160, PHOENIX, AZ, 85012

NTEE Category

Code: E112 - Health

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