Foundation for AIDS Research, aka amfAR
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
Foundation for AIDS Research, aka amfAR meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to end the global AIDS epidemic through innovative research, public education, and public policy."
Year, State Incorporated:
1983, NY
Also Known As:
amfAR AIDS Research Foundation The American Foundation for AIDS Research
The Foundation for AIDS Research (amfAR) supports research projects which explore scientific approaches for preventing, treating, and curing HIV infection and enhancing the health and survival of people with HIV/AIDS. The organization participates in the facilitation of development and implementation of research, treatment, prevention, and education strategies in developing countries. amfAR promotes public health and protects the rights of people threatened by HIV/AIDS through public policy analysis and advocacy. The organization also engages in public information programs to build awareness of the continued threat HIV/AIDS poses and to provide current medical, scientific, and prevention information to people with HIV/AIDS, healthcare professionals, and the public.
For the year ended September 30, 2024, Foundation for AIDS Research, aka amfAR's program expenses were:
Public information: $3,747,325
Public policy: $2,123,875
Research: $9,580,936
TREAT Asia: $5,422,788
Total Program Expenses: $20,874,924
Chief Executive
Kevin R. Frost, Chief Executive Officer
Compensation*
$610,847
Chair of the Board
T. Ryan Greenawalt and Kevin McClatchy
Chair's Profession / Business Affiliation
Managing Director, Ramirez & Co., Inc., President, Harrison Street Productions and Entrepreneur
Board Size
14
Paid Staff Size
61
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Print advertisements
Fundraising costs were 25% of related contributions. (Related contributions, which totaled $24,147,041, 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 Foundation for AIDS Research, aka amfAR's audited financial statements for the year ended September 30, 2024.
Source of Funds
| Government funding | $8,282,568 |
| Investment income | $6,901,325 |
| Other revenues | $1,153 |
| Planned giving | $3,889,731 |
| Contributions | $3,720,421 |
| Special event revenue, net | $8,242,321 |
| In-kind donations | $12,000 |
| Total Income | $31,049,519 |
Programs: 71% Fundraising: 21% Administrative: 9%
| Total Income | $31,049,519 |
| Total expenses: | $29,605,538 |
| Program expenses | $20,874,924 |
| Fundraising expenses | $6,140,650 |
| Administrative expenses | $2,589,964 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,443,981 |
| Beginning Net Assets | $32,369,625 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $33,813,606 |
| Total Liabilities | $19,540,426 |
| Total Assets | $53,354,032 |
Note: According to amfAR's audited financial statements for the year ended September 30, 2024, the organization received in-kind contributions totaling $172,238 in the form of products ($160,238) and professional fees ($12,000).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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Review in Progress
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Report completed by:
BBB Wise Giving Alliance