Overview
What is Alzheimer's Disease Research Foundation?
Alzheimer's Disease Research Foundation, also known as Cure Alzheimer's Fund, is a Wellesley Hills, Massachusetts-based nonprofit organization dedicated to investing in research with the highest potential to prevent, slow down, or reverse Alzheimer's disease. In 2022, they supported over 100 research projects at 59 leading institutions, generating a research output of approximately $24.4 million. These projects delved into understanding the underlying mechanisms of genes associated with the disease, exploring novel prevention and treatment theories, and assessing the role of the brain's innate immune system. The organization's operational expenses, including the husbandry of transgenic animal models and grant facilitation, are covered by the board, ensuring that all public donations go directly towards Alzheimer's research. With a team of 33 employees, Cure Alzheimer's Fund is committed to advancing research with the ultimate goal of finding preventive, transformative solutions for Alzheimer's disease.
Official website here: www.curealz.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%
The Alzheimer's Disease Research Foundation receives a stellar Four-Star out of Four Star rating from Charity Navigator, indicating exceptional performance in accountability, finance, and community engagement. The charity boasts an impressive 90.45% program expense ratio, ensuring that a significant portion of donations directly supports research efforts. The organization has established strong governance and oversight, with a majority of independent board members and comprehensive policies in place to uphold transparency and ethical practices.
User feedback reflects a mix of experiences with the organization. Many donors and clients commend the foundation's commitment to funding Alzheimer's research and appreciate that all administrative costs are covered by the founders, allowing 100% of donations to be directed toward research initiatives. Positive reviews highlight the effectiveness of their venture philanthropy model and the caliber of the scientific community involved. However, there are notable criticisms, with some users expressing dissatisfaction regarding their volunteer experience and perceiving a lack of empathy from the organization.
Overall, while the Alzheimer's Disease Research Foundation is recognized for its financial integrity and dedication to addressing Alzheimer's disease through research, divergent user reviews suggest areas for improvement in community outreach and volunteer engagement.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Alzheimer's Disease Research Foundation legitimate?
Alzheimer's Disease Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alzheimer's Disease Research 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: $1,127,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,381,842
For more financial information, click here
Official website here: www.curealz.org/
What is the mission statement of Alzheimer's Disease Research Foundation?
The Alzheimer's Disease Research Foundation, also known as Cure Alzheimer's Fund, focuses on funding research projects with the highest potential to prevent, slow, or even reverse Alzheimer's disease. They employ a venture-based philanthropy model, with all organizational expenses covered by the board, enabling all public contributions to directly support Alzheimer's research. In 2022, Cure Alzheimer's Fund backed 100 projects at 59 esteemed research institutions, resulting in research output worth over $24.4 million. Many of these projects explored the mechanisms of influential genes and their connection to the development and timing of Alzheimer's disease. Others pursued novel theories and tools to identify potential avenues for prevention and treatment, particularly concerning the role of the brain's innate immune system and the regulation of materials for healthy brain function. Additional expenses covered the husbandry of transgenic animal models, facilitating grants and the award process, and assessing research proposals and determining funding priorities.
Official website here: www.curealz.org/
Who is the CEO of Alzheimer's Disease Research Foundation?
Timothy W Armour is the President & Ceo of Alzheimer's Disease Research Foundation. The CEO's salary of Alzheimer's Disease Research Foundation is $242,641 and their total compensation is $250,952.
Official website here: www.curealz.org/
What is the revenue of Alzheimer's Disease Research Foundation?
Alzheimer's Disease Research Foundation's revenue in 2022 was $40,708,245.
Official website here: www.curealz.org/
Who are the executives of Alzheimer's Disease Research Foundation and what are their salaries?
The average compensation at Alzheimer's Disease Research Foundation during 2022 was $106,335. There are 33 employees and 35 volunteers at Alzheimer's Disease Research Foundation.
Here are 16 key members and their salaries (Alzheimer's Disease Research Foundation's CEO's salary is $242,641 and their total compensation is $250,952):
- Compensation: $242,641
- Related: $0
- Other: $8,311
- Compensation: $105,067
- Related: $0
- Other: $3,711
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $327,432
- Related: $0
- Other: $27,571
- Compensation: $194,964
- Related: $0
- Other: $18,645
- Compensation: $177,400
- Related: $0
- Other: $21,482
- Compensation: $185,943
- Related: $0
- Other: $11,501
- Compensation: $183,812
- Related: $0
- Other: $16,131
- Compensation: $179,157
- Related: $0
- Other: $6,339
- Compensation: $161,817
- Related: $0
- Other: $21,937
- Compensation: $147,868
- Related: $0
- Other: $10,146
Official website here: www.curealz.org/
Where can I find the form 990 for Alzheimer's Disease Research Foundation?
Alzheimer's Disease Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.curealz.org/
Learn more at the official website: www.curealz.org/
Mission Statement of Alzheimer's Disease Research Foundation
Cure Alzheimer's Fund, also known as Alzheimer's Disease Research Foundation, is a philanthropic organization dedicated to funding research with the greatest potential to prevent, slow, or even reverse Alzheimer's disease. Through a venture-based approach to philanthropy, the foundation ensures that all operational expenses are covered by the board, enabling every public contribution to directly support Alzheimer's research.
In 2022, Cure Alzheimer's Fund invested in 100 research projects at 59 prestigious research institutions, resulting in an output of over $24.4 million. Many of these projects focused on understanding the mechanisms of action of the genes and variants that have the most significant impact on the risk and timing of Alzheimer's disease. Others pursued novel theories and tools to explore potential avenues for prevention and treatment, particularly concerning the role of the brain's innate immune system and the regulation of the entry and exit of materials for healthy brain function.
Additionally, the organization's expenses included the husbandry of transgenic animal models by a contract research organization, facilitating grants and the award process, and costs associated with assessing research proposals and determining funding priorities. By focusing resources on research with the highest potential impact, Cure Alzheimer's Fund aims to make significant strides in the fight against Alzheimer's disease.
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Impact
October, 2024
The Alzheimer’s Disease Research Foundation significantly impacts the fight against Alzheimer’s disease by funding research initiatives that aim to prevent, slow, and potentially reverse its progression. In 2022, the foundation supported 100 research projects across 59 leading institutions, resulting in an impressive research output valued at over $24.4 million.
A substantial focus of these projects is to enhance the understanding of genetic impacts on Alzheimer’s, investigating the mechanisms of action of various genes and variants that influence the disease's risk and timing. Additionally, several projects explore innovative theories and methodologies tailored towards prevention and treatment, particularly examining the brain's innate immune system and the regulation of material movement essential for its healthy function.
The foundation’s commitment to venture-based philanthropy ensures that public contributions are directly channeled into these vital research efforts, with all organizational expenses covered by the board. This approach not only maximizes the investment in Alzheimer’s research but also places a strong emphasis on potential breakthroughs that could transform the landscape of Alzheimer’s disease treatment and prevention.
This information is meant to be a general summary of Alzheimer's Disease Research 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 2022.
- Investment Income: $8,359,727
- Gross Receipts: $47,449,763
Assets and Liabilities:
- Total Assets: $30,192,784
- Total Liabilities: $1,734,174
- Net Assets: $28,458,610
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Organization Details
Founding Year
2004
Phone
(781) 237-3800Principal Officer
Timothy W Armour
Main Address
34 WASHINGTON ST 310, WELLESLEY HILLS, MA, 02481
Website
www.curealz.org/NTEE Category
Code: H83 - Medical research
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