Overview
What is Brightfocus Foundation?
The Brightfocus Foundation is a nonprofit organization based in Clarksburg, Maryland, with a US address at 22512 Gateway Center Drive. Their mission is to fund exceptional research worldwide to eradicate Alzheimer's disease, macular degeneration, and glaucoma. With a team of 68 employees, the Brightfocus Foundation strives to provide expert information about these debilitating diseases. Their pursuit for a world free from diseases of the mind and sight is a primary focus in their commitment to making a significant impact in medical research.
Official website here: www.brightfocus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The BrightFocus Foundation receives a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and transparency. With an impressive score of 100 in both Culture & Community and Leadership & Adaptability, the organization demonstrates a commitment to ethical practices and effective governance. Additionally, a significant portion of expenses, 72.73%, is directed towards its programs, reinforcing its focus on impactful research initiatives related to Alzheimer’s disease, macular degeneration, and glaucoma.
User feedback reflects a mix of experiences, with many donors and clients praising the foundation's dedication to funding important research. Positive reviews highlight the organization’s significant contributions to Alzheimer's research and its responsiveness to the needs of families affected by these diseases. However, some concerns have been raised about fundraising practices, particularly regarding unsolicited mailings and perceived inefficiencies in communication with potential donors.
While many users express satisfaction with the organization's mission and its research funding, there is also criticism regarding administrative costs and fundraising approaches, suggesting a need for improved transparency in how funds are allocated. Overall, BrightFocus Foundation stands out for its high ratings and positive impact, yet it may benefit from addressing donor concerns to enhance its reputation further.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Brightfocus Foundation legitimate?
Brightfocus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brightfocus 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: $1,517,616
Professional Fundraising Fees: $942,971
Other Salaries and Wages: $3,630,029
For more financial information, click here
Official website here: www.brightfocus.org
What is the mission statement of Brightfocus Foundation?
The Brightfocus Foundation is dedicated to a world without diseases of the mind and sight. Through exceptional research funding worldwide, they aim to defeat Alzheimer's disease, macular degeneration, and glaucoma. The organization provides expert information on these heartbreaking diseases to help those affected. For further details on their accomplishments in Alzheimer's disease research, please refer to their comprehensive mission description.
Official website here: www.brightfocus.org
Who is the CEO of Brightfocus Foundation?
Stacy Pagos Haller is the Chair of Brightfocus Foundation. The CEO's salary of Brightfocus Foundation is $440,796 and their total compensation is $493,024.
Official website here: www.brightfocus.org
What is the revenue of Brightfocus Foundation?
Brightfocus Foundation's revenue in 2023 was $43,893,797.
Official website here: www.brightfocus.org
Who are the executives of Brightfocus Foundation and what are their salaries?
The average compensation at Brightfocus Foundation during 2023 was $75,701. There are 68 employees and 60 volunteers at Brightfocus Foundation.
Here are 22 key members and their salaries (Brightfocus Foundation's CEO's salary is $440,796 and their total compensation is $493,024):
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- Compensation: $440,796
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- Compensation: $125,051
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- Other: $14,295
Official website here: www.brightfocus.org
Where can I find the form 990 for Brightfocus Foundation?
Brightfocus Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.brightfocus.org
Learn more at the official website: www.brightfocus.org
Mission Statement of Brightfocus Foundation
The Brightfocus Foundation, a leading nonprofit organization, is dedicated to a world free from diseases of the mind and sight. With a compassionate mission, Brightfocus seeks to fund exceptional research worldwide to defeat Alzheimer's disease, macular degeneration, and glaucoma. By providing expert information on these heartbreaking conditions, Brightfocus aims to raise awareness and offer hope to those affected.
The Brightfocus Foundation's primary focus lies in supporting groundbreaking research to find cures and effective treatments for Alzheimer's disease. This devastating condition robs individuals of their memories and independence, causing immense suffering for both patients and their families. By investing in exceptional research projects, Brightfocus is making a significant impact in the fight against Alzheimer's disease.
Moreover, Brightfocus's commitment extends to macular degeneration and glaucoma, two conditions that significantly impact an individual's quality of life. Macular degeneration, a chronic eye disease, can lead to vision loss, making simple tasks challenging. Glaucoma, a group of eye conditions, can result in blindness if left untreated. Brightfocus's investments in research for these conditions offer renewed hope for those affected and their loved ones.
Overall, the Brightfocus Foundation's mission is to make a tangible difference in the lives of those affected by diseases of the mind and sight. By funding exceptional research and providing expert information, Brightfocus is paving the way for a future where these heartbreaking conditions are no longer a threat.
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Impact
October, 2024
BrightFocus Foundation drives impactful research aimed at eradicating diseases of the mind and sight. Focused on Alzheimer’s disease, macular degeneration, and glaucoma, it funds exceptional research efforts worldwide. By supporting innovative studies, it plays a crucial role in advancing scientific understanding and treatment options for these debilitating conditions. Additionally, BrightFocus Foundation provides expert information, raising awareness and educating the public about these heartbreaking diseases, thus empowering individuals and families affected by them.
This information is meant to be a general summary of Brightfocus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$268,284
- Gross Receipts: $59,269,829
Assets and Liabilities:
- Total Assets: $58,626,477
- Total Liabilities: $35,064,709
- Net Assets: $23,561,768
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Organization Details
Founding Year
1973
Phone
(301) 948-3244Principal Officer
Stacy Pagos Haller
Main Address
22512 GATEWAY CENTER DRIVE, CLARKSBURG, MD, 20871
Website
www.brightfocus.orgNTEE Category
Code: G00J - Disease
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