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Health : Medical Research

LuMind Research Down Syndrome Foundation

Research Down Syndrome

three stars

89.02

225 Cedar Hill Street Suite 200
Marlborough, MA 01752
tel: (508) 630-2177   Web Site
EIN: 37-1483975

Board Leadership
Ryan M. Hartman
Chair

CEO
Hampus Hillerstrom
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 89.02 three stars
  Financial 85.00 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 03/01/2018 and includes data from FY2016, the most recent 990 received at that time.

The mission of the LuMind Research Down Syndrome Foundation is to stimulate biomedical research that will accelerate the development of treatments to significantly improve cognition, including memory, learning and speech, for individuals with Down syndrome. This will allow individuals with Down syndrome to participate more successfully in school, lead to more active and independent lives, as well as avoid the early onset Alzheimer's Disease. LuMind only supports research that focuses on understanding and improving cognition. Moreover, LuMind only supports researchers and institutions that are committed to seeing their basic research translated into effective treatments. In order to increase the likelihood of a breakthrough in the treatment of Down syndrome, LuMind supports multi-disciplinary research, and encourages frequent collaboration among scientists in different fields and at different research institutions.

The mission of the LuMind Research Down Syndrome Foundation is to stimulate biomedical research that will accelerate the development of treatments to significantly improve cognition, including memory, learning and speech, for individuals with Down syndrome. This will allow individuals with Down syndrome to participate more successfully in school, lead to more active and independent lives, as well as avoid the early onset Alzheimer's Disease. LuMind only supports research that focuses on understanding and improving cognition. Moreover, LuMind only supports researchers and institutions that are committed to seeing their basic research translated into effective treatments. In order to increase the likelihood of a breakthrough in the treatment of Down syndrome, LuMind supports multi-disciplinary research, and encourages frequent collaboration among scientists in different fields and at different research institutions.

Results Information

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Financial

three stars

85.00

Accountability & Transparency

four stars

96.00

This rating was published 03/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.8%
  Administrative Expenses 2.5%
  Fundraising Expenses 8.5%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 0.33
  Program Expenses Growth 17.6%
  Liabilities to Assets 65.4%
All data for Financial Performance Metrics calculations was provided by LuMind Research Down Syndrome Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by LuMind Research Down Syndrome Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
LuMind Research Down Syndrome Foundation (MA) 89.02 three stars
International AIDS Vaccine Initiative (NY) 86.67 three stars
Foundation for the National Institutes of Health (MD) 96.20 four stars
McLaughlin Research Institute for Biomedical Sciences (MT) 91.18 four stars
Salk Institute for Biological Studies (CA) 90.71 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $0
   Federated Campaigns $1,576,150
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,576,150
   Program Service Revenue $0
Total Primary Revenue $1,576,150
   Other Revenue $933,526
TOTAL REVENUE $2,509,676
   
EXPENSES  
   Program Expenses $2,283,536
   Administrative Expenses $44,919
   Fundraising Expenses $256,431
TOTAL FUNCTIONAL EXPENSES $2,584,886
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-75,210
   
Net Assets $776,908

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
Grant to University of California, San Diego $325,000 14.2%
Grant to Emory University $275,000 12.0%
Grant to University of Arizona $250,000 10.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-09 03/01/2018 89.02 three stars
2015-09 10/01/2016 89.86 three stars
2014-09 06/01/2016 88.05 three stars
 
CN 2.0
2014-09 03/01/2016 89.84 three 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 37-1483975
Name in IRS Master File LUMIND-RESEARCH DOWN SYNDROME FOUNDATION
NTEE Code G25
NTEE Classification Down Syndrome
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable 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 March, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

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

Compensation % of Expenses Paid to Title
$177,274 6.85% Carolyn Cronin Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
LuMind Research Down Syndrome Foundation (MA) 89.02 three stars
The Jackson Laboratory (ME) 95.23 four stars
Foundation for the National Institutes of Health (MD) 96.20 four stars
Oklahoma Medical Research Foundation (OK) 92.90 four stars
American Federation for Aging Research (NY) 92.92 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

LuMind Research Down Syndrome Foundation
225 Cedar Hill Street
Suite 200
Marlborough, MA 01752
tel: (508) 630-2177
fax: (508) 630-2101
EIN: 37-1483975

Visit Web Site

Board Leadership

Ryan M. Hartman
Chair

CEO

Hampus Hillerstrom
President, CEO

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