Cure Alzheimer's Fund meets the 20 Standards for Charity Accountability.
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Year, State Incorporated
2004, PA
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Also Known As
Alzheimer's Disease Research Foundation
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Stated Purpose
"to fund research with the highest probability of slowing, stopping or reversing Alzheimer's disease through venture philanthropy."
Cure Alzheimer's Fund (CAF) reports that it has funded 474 research grants totaling over $110 million. The organization supports science in the field of Alzheimer?s research and its research leadership group is made up of scientists working at research institutions across the country who regularly confer with one another on the progress and impediments in their research and constantly share their data.
For the year ended December 31, 2019, Cure Alzheimer's Fund's program expenses were:
Research distributions and support |
$19,858,076 |
Other program expenses |
$2,316,970 |
Total Program Expenses: |
$22,175,046 |
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Chief Executive
Timothy Armour, President and Chief Executive Officer
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Compensation*
$267,741
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Chair of the Board
Jeffrey Co-Chair and Henry McCance Co-Chair
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Chair's Profession / Business Affiliation
Retired, Vice Chair, Mellon Bank and Chairman Emeritus, Greylock Partners
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Board Size
8
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Paid Staff Size
19
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 4% of related contributions. (Related contributions, which totaled $30,497,342, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Cure Alzheimer's Fund's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Contributions |
$30,497,342 |
Interest income |
$24,010 |
Total Income |
$30,521,352 |
- Programs: 92%
- Fundraising: 5%
- Administrative: 3%
Total Income |
$30,521,352 |
Program expenses |
$22,175,046 |
Fundraising expenses |
$1,187,877 |
Administrative expenses |
$945,064 |
Other expenses |
$0 |
Total expenses: |
$24,307,987 |
Income in Excess of Expenses |
$6,213,365 |
Beginning Net Assets |
$6,689,237 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$12,902,602 |
Total Liabilities |
$552,268 |
Total Assets |
$13,454,870 |