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Alzheimer's Disease Research Foundation

Cure Alzheimer'S Fund

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

EIN: 522396428 ✦ Wellesley hills, MA ✦ Designated as a 501(c)(3)

Overview

What is Alzheimer's Disease Research Foundation?

Alzheimer's Disease Research Foundation, also known as Cure Alzheimer's Fund, is a Wellesley Hills, Massachusetts-based nonprofit organization dedicated to investing in research with the highest potential to prevent, slow down, or reverse Alzheimer's disease. In 2022, they supported over 100 research projects at 59 leading institutions, generating a research output of approximately $24.4 million. These projects delved into understanding the underlying mechanisms of genes associated with the disease, exploring novel prevention and treatment theories, and assessing the role of the brain's innate immune system. The organization's operational expenses, including the husbandry of transgenic animal models and grant facilitation, are covered by the board, ensuring that all public donations go directly towards Alzheimer's research. With a team of 33 employees, Cure Alzheimer's Fund is committed to advancing research with the ultimate goal of finding preventive, transformative solutions for Alzheimer's disease.


Official website here: www.curealz.org/

Is Alzheimer's Disease Research Foundation legitimate?

Alzheimer's Disease Research Foundation D/B/A Cure Alzheimer's Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alzheimer's Disease Research Foundation D/B/A Cure Alzheimer's Fund 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: $1,127,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,381,842

For more financial information, click here


Official website here: www.curealz.org/

What is the mission statement of Alzheimer's Disease Research Foundation?

The Alzheimer's Disease Research Foundation, also known as Cure Alzheimer's Fund, focuses on funding research projects with the highest potential to prevent, slow, or even reverse Alzheimer's disease. They employ a venture-based philanthropy model, with all organizational expenses covered by the board, enabling all public contributions to directly support Alzheimer's research. In 2022, Cure Alzheimer's Fund backed 100 projects at 59 esteemed research institutions, resulting in research output worth over $24.4 million. Many of these projects explored the mechanisms of influential genes and their connection to the development and timing of Alzheimer's disease. Others pursued novel theories and tools to identify potential avenues for prevention and treatment, particularly concerning the role of the brain's innate immune system and the regulation of materials for healthy brain function. Additional expenses covered the husbandry of transgenic animal models, facilitating grants and the award process, and assessing research proposals and determining funding priorities.


Official website here: www.curealz.org/

Who is the CEO of Alzheimer's Disease Research Foundation?

Timothy W Armour is the President & Ceo of Alzheimer's Disease Research Foundation D/B/A Cure Alzheimer's Fund. The CEO's salary of Alzheimer's Disease Research Foundation is $242,641 and their total compensation is $250,952.


Official website here: www.curealz.org/

What is the revenue of Alzheimer's Disease Research Foundation?

Alzheimer's Disease Research Foundation D/B/A Cure Alzheimer's Fund's revenue in 2022 was $40,708,245.


Official website here: www.curealz.org/

Who are the executives of Alzheimer's Disease Research Foundation and what are their salaries?

The average compensation at Alzheimer's Disease Research Foundation during 2022 was $106,335. There are 33 employees and 35 volunteers at Alzheimer's Disease Research Foundation.

Here are 16 key members and their salaries (Alzheimer's Disease Research Foundation's CEO's salary is $242,641 and their total compensation is $250,952):

    Katharine Herman (Evp Development)
  • Compensation: $327,432
  • Related: $0
  • Other: $27,571

    • Timothy Armour (President & Ceo) [Trustee/Director]
  • Compensation: $242,641
  • Related: $0
  • Other: $8,311

    • Barbara Chambers (Evp Marketing & Comm.)
  • Compensation: $194,964
  • Related: $0
  • Other: $18,645

    • Lisa Rand (Vp Marketing & Comm.)
  • Compensation: $183,812
  • Related: $0
  • Other: $16,131

    • Margaret Smith (Evp, Research Admin)
  • Compensation: $177,400
  • Related: $0
  • Other: $21,482

    • Douglas Harper (Senior Philanthropic Advisor)
  • Compensation: $185,943
  • Related: $0
  • Other: $11,501

    • John Slattery (Svp Major Gifts)
  • Compensation: $179,157
  • Related: $0
  • Other: $6,339

    • Mahua Dasgupta (Sr. Philantropic Advisor)
  • Compensation: $161,817
  • Related: $0
  • Other: $21,937

    • Kelly Westerhouse (Vp Giving)
  • Compensation: $147,868
  • Related: $0
  • Other: $10,146

    • Laurel Lyle (Secretary & Vp Board Relations And Development) [Trustee/Director]
  • Compensation: $105,067
  • Related: $0
  • Other: $3,711

    • Henry Mccance (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Morby (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Rappaport (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Greenhill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Morby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Sharp To 1222 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.curealz.org/

    Where can I find the form 990 for Alzheimer's Disease Research Foundation?

    The Alzheimer's Disease Research Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.curealz.org/

    Learn more at the official website: www.curealz.org/

    Mission Statement of Alzheimer's Disease Research Foundation

    Cure Alzheimer's Fund, also known as Alzheimer's Disease Research Foundation, is a philanthropic organization dedicated to funding research with the greatest potential to prevent, slow, or even reverse Alzheimer's disease. Through a venture-based approach to philanthropy, the foundation ensures that all operational expenses are covered by the board, enabling every public contribution to directly support Alzheimer's research.

    In 2022, Cure Alzheimer's Fund invested in 100 research projects at 59 prestigious research institutions, resulting in an output of over $24.4 million. Many of these projects focused on understanding the mechanisms of action of the genes and variants that have the most significant impact on the risk and timing of Alzheimer's disease. Others pursued novel theories and tools to explore potential avenues for prevention and treatment, particularly concerning the role of the brain's innate immune system and the regulation of the entry and exit of materials for healthy brain function.

    Additionally, the organization's expenses included the husbandry of transgenic animal models by a contract research organization, facilitating grants and the award process, and costs associated with assessing research proposals and determining funding priorities. By focusing resources on research with the highest potential impact, Cure Alzheimer's Fund aims to make significant strides in the fight against Alzheimer's disease.

    Impact

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




    Thursday, August 15, 2024

    The Alzheimer's Disease Research Foundation's impact is significant in the fight against Alzheimer's disease. In 2022, the foundation supported 100 research projects at 59 leading research institutions with a total research output of more than $24.4 million. These projects aimed to deepen understanding of the mechanisms of action of genes and variants that have a major impact on the risk and timing of Alzheimer's disease.

    Additionally, the foundation funded projects that explored novel theories and tools to assess potential avenues for prevention and treatment, focusing on the role of the brain's innate immune system and the control of materials entering and exiting the brain for healthy function.

    By funding cutting-edge research and supporting innovative approaches, the Alzheimer's Disease Research Foundation is actively working towards preventing, slowing, and even reversing the effects of Alzheimer's disease. This impactful work is made possible through venture-based philanthropy, with all organizational expenses covered by the board, ensuring that all public contributions directly support Alzheimer's research.





    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 2022.

  • Investment Income: $8,359,727
  • Program Service Revenue: $0
  • Gross Receipts: $47,449,763

    • Assets and Liabilities:
  • Total Assets: $30,192,784
  • Total Liabilities: $1,734,174
  • Net Assets: $28,458,610
  • Organization Details

    Founding Year

    2004

    Principal Officer

    Timothy W Armour

    Main Address

    34 WASHINGTON ST 310, WELLESLEY HILLS, MA, 02481

    NTEE Category

    Code: H12 - Medical research

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