Michael J Fox Foundation for Parkinson's Research meets the 20 Standards for Charity Accountability.
Michael J. Fox Foundation for Parkinson's Research (MJFF) works to expand, explore, and focus research funding with the goal of slowing Parkinson's disease progression and finding a cure. The organization's Scientific Advisory Board is composed of an international, multidisciplinary group of Parkinson's researchers and clinicians. Its members are involved with strategic meetings, grant review sessions, and other activities that guide MJFF's scientific and research policies. In addition, the organization reports that it collaborates with the Parkinson's research community and leverages new technologies to amplify the patient voice in Parkinson's research. MJFF also reports that it mobilizes patients and loved ones to increase the flow of participants into clinical trials and coordinates community engagement efforts, including patient policy advocacy, education, and community building through the grassroots involvement of thousands of Team Fox members globally.
For the year ended December 31, 2018, Michael J Fox Foundation for Parkinson's Research's program expenses were:
Program services |
$108,539,237 |
Total Program Expenses: |
$108,539,237 |
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Chief Executive
Todd Sherer, Chief Executive Officer
-
Compensation*
$770,152
-
Chair of the Board
Jeff Keefer
-
Chair's Profession / Business Affiliation
Retired Executive Vice President
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Board Size
43
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Paid Staff Size
159
*2018 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.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $122,019,170, 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 Michael J Fox Foundation for Parkinson's Research's audited financial statements - consolidated for the year ended December 31, 2018.
Source of Funds |
Contributions |
$117,050,941 |
Special events, net |
$4,968,229 |
Investment income |
$889,404 |
Rental income |
$150,510 |
Miscellaneous |
$66,418 |
Total Income |
$123,125,502 |
- Programs: 87%
- Fundraising: 10%
- Administrative: 3%
Total Income |
$123,125,502 |
Program expenses |
$108,539,237 |
Fundraising expenses |
$13,315,708 |
Administrative expenses |
$4,318,395 |
Other expenses |
$0 |
Total expenses: |
$126,173,340 |
Income in Excess of Expenses |
$-3,047,838 |
Beginning Net Assets |
$53,026,732 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$49,978,894 |
Total Liabilities |
$105,724,548 |
Total Assets |
$155,703,442 |