Diabetes Action Research and Education Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Diabetes Action Research and Education Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to prevent and treat diabetes and to fund innovative, promising research aimed at finding a cure for diabetes and diabetes related complications."
Year, State Incorporated:
1990, VA
Diabetes Action Research and Education Foundation (DAREF) provides grants for type 1 and type 2 diabetes research. The organization also offers online educational information, support for children with diabetes to attend special summer camp programs throughout the U.S., and funds diabetes educational programs on American Indian Reservations.
For the year ended December 31, 2023, Diabetes Action Research and Education Foundation's program expenses were:
| Research and treatment | $485,000 |
| Education | $285,717 |
| Camp programs | $19,300 |
| Total Program Expenses | $790,017 |
Chief Executive
Patricia DeVoe, President
Compensation*
$108,206
Chair of the Board
Patricia Faulkner
Chair's Profession / Business Affiliation
Retired
Board Size
6
Paid Staff Size
3
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Internet, Radio
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $932,491, 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 Diabetes Action Research and Education Foundation's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Interest income | $13,784 |
| Legacies and bequests | $383,447 |
| Contributions | $549,044 |
| Total Income | $946,275 |
Programs: 90% Fundraising: 2% Administrative: 8%
| Total Income | $946,275 |
| Total expenses: | $879,977 |
| Program expenses | $790,017 |
| Fundraising expenses | $19,504 |
| Administrative expenses | $70,456 |
| Other expenses | $0 |
| Income in Excess of Expenses | $66,298 |
| Beginning Net Assets | $785,352 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $851,650 |
| Total Liabilities | $390,200 |
| Total Assets | $1,241,850 |
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This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance