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Brightfocus Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237337229 ✦ Clarksburg, MD ✦ Designated as a 501(c)(3)

Overview

What is Brightfocus Foundation?

The Brightfocus Foundation is a nonprofit organization based in Clarksburg, Maryland, with a US address at 22512 Gateway Center Drive. Their mission is to fund exceptional research worldwide to eradicate Alzheimer's disease, macular degeneration, and glaucoma. With a team of 68 employees, the Brightfocus Foundation strives to provide expert information about these debilitating diseases. Their pursuit for a world free from diseases of the mind and sight is a primary focus in their commitment to making a significant impact in medical research.


Official website here: www.brightfocus.org

Is Brightfocus Foundation legitimate?

Brightfocus Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brightfocus 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,517,616
Professional Fundraising Fees: $942,971
Other Salaries and Wages: $3,630,029

For more financial information, click here


Official website here: www.brightfocus.org

What is the mission statement of Brightfocus Foundation?

The Brightfocus Foundation is dedicated to a world without diseases of the mind and sight. Through exceptional research funding worldwide, they aim to defeat Alzheimer's disease, macular degeneration, and glaucoma. The organization provides expert information on these heartbreaking diseases to help those affected. For further details on their accomplishments in Alzheimer's disease research, please refer to their comprehensive mission description.


Official website here: www.brightfocus.org

Who is the CEO of Brightfocus Foundation?

Stacy Pagos Haller is the Chair of Brightfocus Foundation. The CEO's salary of Brightfocus Foundation is $440,796 and their total compensation is $493,024.


Official website here: www.brightfocus.org

What is the revenue of Brightfocus Foundation?

Brightfocus Foundation's revenue in 2023 was $43,893,797.


Official website here: www.brightfocus.org

Who are the executives of Brightfocus Foundation and what are their salaries?

The average compensation at Brightfocus Foundation during 2023 was $75,701. There are 68 employees and 60 volunteers at Brightfocus Foundation.

Here are 22 key members and their salaries (Brightfocus Foundation's CEO's salary is $440,796 and their total compensation is $493,024):

    Stacy Pagos Haller (President/Ceo)
  • Compensation: $440,796
  • Related: $0
  • Other: $52,228

    • Nancy Lynn (Sr. Vp Strategic Partnerships)
  • Compensation: $250,394
  • Related: $0
  • Other: $55,303

    • R Brian Elderton (Sr. Vp, Development)
  • Compensation: $243,178
  • Related: $0
  • Other: $46,740

    • David F Marks Cpa Cma (Vp, Finance & Administration)
  • Compensation: $166,931
  • Related: $0
  • Other: $58,076

    • Diane Bovenkamp Phd (Vp, Scientific Affairs)
  • Compensation: $182,082
  • Related: $0
  • Other: $21,178

    • Ayo Abraham Cpa Cgma (Controller)
  • Compensation: $141,525
  • Related: $0
  • Other: $15,244

    • Lisa Morgan (Director Of Annual Giving)
  • Compensation: $120,019
  • Related: $0
  • Other: $33,191

    • Sharyn Rossi Phd Dir Of (Scient. Programs, Neuroscience)
  • Compensation: $117,521
  • Related: $0
  • Other: $34,655

    • Kaci Baez (Vp, Integrated Marketing & Comms)
  • Compensation: $121,016
  • Related: $0
  • Other: $18,929

    • Preeti Subramanian Phd Dir (Of Scient. Programs, Vision Science)
  • Compensation: $125,051
  • Related: $0
  • Other: $14,295

    • Patricia M Stewart (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Arradaza (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maddy Dychtwald (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ethan Treese (Treasurer - Until 06/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Finley Director (Treasurer - As Of 06/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawa Gottlieb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Kaiser Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tonya Matthews Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Siemers Md (Director - Until 06/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan M Stouffer Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.brightfocus.org

    Where can I find the form 990 for Brightfocus Foundation?

    The Brightfocus Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.brightfocus.org

    Learn more at the official website: www.brightfocus.org

    Mission Statement of Brightfocus Foundation

    The Brightfocus Foundation, a leading nonprofit organization, is dedicated to a world free from diseases of the mind and sight. With a compassionate mission, Brightfocus seeks to fund exceptional research worldwide to defeat Alzheimer's disease, macular degeneration, and glaucoma. By providing expert information on these heartbreaking conditions, Brightfocus aims to raise awareness and offer hope to those affected.

    The Brightfocus Foundation's primary focus lies in supporting groundbreaking research to find cures and effective treatments for Alzheimer's disease. This devastating condition robs individuals of their memories and independence, causing immense suffering for both patients and their families. By investing in exceptional research projects, Brightfocus is making a significant impact in the fight against Alzheimer's disease.

    Moreover, Brightfocus's commitment extends to macular degeneration and glaucoma, two conditions that significantly impact an individual's quality of life. Macular degeneration, a chronic eye disease, can lead to vision loss, making simple tasks challenging. Glaucoma, a group of eye conditions, can result in blindness if left untreated. Brightfocus's investments in research for these conditions offer renewed hope for those affected and their loved ones.

    Overall, the Brightfocus Foundation's mission is to make a tangible difference in the lives of those affected by diseases of the mind and sight. By funding exceptional research and providing expert information, Brightfocus is paving the way for a future where these heartbreaking conditions are no longer a threat.

    Impact

    This information is meant to be a general summary of Brightfocus Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Brightfocus Foundation's impact is evident in its commitment to funding exceptional research worldwide to defeat diseases of mind and sight, specifically Alzheimer's disease, macular degeneration, and glaucoma. Through their efforts, they seek to create a world free from these heartbreaking diseases, ultimately improving the lives of individuals and families affected by them.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-268,284
  • Program Service Revenue: $0
  • Gross Receipts: $59,269,829

    • Assets and Liabilities:
  • Total Assets: $58,626,477
  • Total Liabilities: $35,064,709
  • Net Assets: $23,561,768
  • Organization Details

    Founding Year

    1973

    Principal Officer

    Stacy Pagos Haller

    Main Address

    22512 GATEWAY CENTER DRIVE, CLARKSBURG, MD, 20871

    NTEE Category

    Code: G90 - Disease

    If you are a representative of Brightfocus Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.