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Health : Medical Research (Grantmaking)

Cure Alzheimer's Fund

Targeting breakthrough research

four stars

96.46

34 Washington Street Suite 310
Wellesley Hills, MA 02481
tel: (781) 237-3800   Web Site
EIN: 52-2396428

Board Leadership
Jeffrey Morby and Henry McCance
Co-Chairs

CEO
Timothy Armour
President & CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 96.46 four stars
  Financial 95.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

Cure Alzheimer's Fund was established to fund targeted research with the highest probability of slowing, stopping or reversing Alzheimer's disease through venture based philanthropy. All organizational expenses are paid for by the Founders and Board, allowing all other contributions to be applied directly to Alzheimer's Disease research. Our foundational research is focused on identifying all the genes and gene mutations that are linked to Alzheimer's Disease. We can then use this genetic information to reliably predict, early in life, those at greatest risk for the disease (with legal safeguards and genetic and psychological counseling). Our foundational research projects include: Alzheimer's Genome Project, Alzheimer's Genome Map, Alzheimer's Brain-Genetic Study, Alzheimer's Clinical-Genetic Study, Alzheimer's Gene Database, MicroRNA's and APP, and Alzheimer's Gene Discovery Project.

Cure Alzheimer's Fund was established to fund targeted research with the highest probability of slowing, stopping or reversing Alzheimer's disease through venture based philanthropy. All organizational expenses are paid for by the Founders and Board, allowing all other contributions to be applied directly to Alzheimer's Disease research. Our foundational research is focused on identifying all the genes and gene mutations that are linked to Alzheimer's Disease. We can then use this genetic information to reliably predict, early in life, those at greatest risk for the disease (with legal safeguards and genetic and psychological counseling). Our foundational research projects include: Alzheimer's Genome Project, Alzheimer's Genome Map, Alzheimer's Brain-Genetic Study, Alzheimer's Clinical-Genetic Study, Alzheimer's Gene Database, MicroRNA's and APP, and Alzheimer's Gene Discovery Project.

Impact Information

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GlobalGiving Status
Leader Status
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Additional Badges from GlobalGiving
Vetted
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This impact information is current as of March 2019, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Learn more about how we calculate the overall score and rating.

Financial

four stars

95.00

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 92.3%
  Administrative Expenses 3.9%
  Fundraising Expenses 3.7%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.33
  Program Expenses Growth 22.2%
  Liabilities to Assets 11.7%
All data for Financial Performance Metrics calculations was provided by Cure Alzheimer's Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Cure Alzheimer's Fund on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Cure Alzheimer's Fund (MA) 96.46 four stars
Children's Cancer & Blood Foundation (NY) 85.42 three stars
MPN Research Foundation (IL) 89.44 three stars
Huntington Medical Research Institutes (CA) 87.05 three stars
TB Alliance (NY) 97.23 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $19,798,072
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $19,798,072
   Program Service Revenue $0
Total Primary Revenue $19,798,072
   Other Revenue $95,723
TOTAL REVENUE $19,893,795
   
EXPENSES  
   Program Expenses $21,770,522
   Administrative Expenses $867,728
   Fundraising Expenses $991,061
TOTAL FUNCTIONAL EXPENSES $23,629,311
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,735,516
   
Net Assets $6,689,237

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Research Grants $19,719,704 90.6%
Creating Awareness $2,025,654 9.3%
Fiduciary Agent for Independently Produced Videos About Alzheimer's $25,164 0.1%

Ratings History
Cure Alzheimer's Fund has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 96.46 four stars
2017-12 10/01/2018 98.23 four stars
2016-12 12/22/2017 98.23 four stars
2016-12 12/01/2017 96.66 four stars
2015-12 04/01/2017 100.00 four stars
2014-12 06/01/2016 100.00 four stars
 
CN 2.0
2014-12 02/01/2016 99.11 four stars
2014-12 12/22/2015 97.03 four stars
2013-12 06/01/2015 99.19 four stars
2013-12 04/01/2015 97.05 four stars
2012-12 10/01/2013 99.07 four stars
2011-12 02/01/2013 95.87 four stars
2010-12 03/01/2012 96.14 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-2396428
Name in IRS Master File ALZHEIMERS DISEASE RESEARCH FOUNDATION
NTEE Code H83
NTEE Classification Alzheimer's Disease Research
NTEE Type Medical Research
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$249,827 1.05% Timothy Armour President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Cure Alzheimer's Fund (MA) 96.46 four stars
Brain Research Foundation (IL) 87.41 three stars
EB Research Partnership (NY) 96.55 four stars
Focused Ultrasound Foundation (VA) 96.13 four stars
Rheumatology Research Foundation (GA) 92.80 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Cure Alzheimer's Fund
34 Washington Street
Suite 310
Wellesley Hills, MA 02481
tel: (781) 237-3800
fax: (781) 658-2399
EIN: 52-2396428

Visit Web Site

Board Leadership

Jeffrey Morby and Henry McCance
Co-Chairs

CEO

Timothy Armour
President & CEO

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