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Health : Medical Research (Grantmaking/Grants Payable)

Michael J. Fox Foundation for Parkinson's Research

Dedicated to finding a cure for Parkinson's disease

impact data icon

Impact Information is available from our partner, GuideStar

four stars

92.92

Grand Central Station P.O. Box 4777
New York, NY 10163
tel: (800) 708-7644   Web Site
EIN: 13-4141945

Board Leadership
Jeff Keefer
Chairman

CEO
Todd Sherer
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.92 four stars
  Financial 90.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The Michael J. Fox Foundation for Parkinson's Research is dedicated to finding a cure for Parkinson's disease within the decade through an aggressively funded research agenda and to ensuring the development of improved therapies for those living with Parkinson's today. For The Michael J. Fox Foundation, there is one clear measure of success: delivering patients better treatments and, ultimately, a cure for Parkinson's disease. We've developed a targeted approach to research funding that helps us identify and prioritize the patient-relevant science that will allow us to reach our goal. Since we began in 2000, the Foundation has funded over $800 million in Parkinson's research, either directly or through partnerships.

The Michael J. Fox Foundation for Parkinson's Research is dedicated to finding a cure for Parkinson's disease within the decade through an aggressively funded research agenda and to ensuring the development of improved therapies for those living with Parkinson's today. For The Michael J. Fox Foundation, there is one clear measure of success: delivering patients better treatments and, ultimately, a cure for Parkinson's disease. We've developed a targeted approach to research funding that helps us identify and prioritize the patient-relevant science that will allow us to reach our goal. Since we began in 2000, the Foundation has funded over $800 million in Parkinson's research, either directly or through partnerships.

Impact Information

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Reported Results
Total in 2018
Total New Funding Deployed to speeding Parkinson's Disease Drug Development by Year (Program Expense Total)
108,539,000
Number of New Research Grants Funded by Year (US and Non-US)
322
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

90.00

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2018 and includes data from FY2017, 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)
88.1%
  Administrative Expenses 2.8%
  Fundraising Expenses 8.9%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.51
  Program Expenses Growth 9.3%
  Liabilities to Assets 63.0%
All data for Financial Performance Metrics calculations was provided by Michael J. Fox Foundation for Parkinson's Research on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Michael J. Fox Foundation for Parkinson's Research on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Michael J. Fox Foundation for Parkinson's Research (NY) 92.92 four stars
MPN Research Foundation (IL) 89.03 three stars
The Hope Foundation (MI) 94.69 four stars
Monell Chemical Senses Center (PA) 86.45 three stars
Foundation for Angelman Syndrome Therapeutics (IL) 89.24 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $97,598,986
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $5,589,654
   Related Organizations $0
   Government Grants $0
Total Contributions $103,188,640
   Program Service Revenue $0
Total Primary Revenue $103,188,640
   Other Revenue $1,269,196
TOTAL REVENUE $104,457,836
   
EXPENSES  
   Program Expenses $97,584,199
   Administrative Expenses $3,749,111
   Fundraising Expenses $10,667,156
TOTAL FUNCTIONAL EXPENSES $112,000,466
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-7,542,630
   
Net Assets $53,026,732

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
Funding Research $97,584,199 100.0%

Ratings History
Michael J. Fox Foundation for Parkinson's Research has received 10 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 12/01/2018 92.92 four stars
2016-12 04/01/2018 92.39 four stars
2015-12 04/01/2017 92.92 four stars
2014-12 06/01/2016 92.92 four stars
 
CN 2.0
2014-12 12/01/2015 97.47 four stars
2013-12 07/01/2015 97.51 four stars
2013-12 04/01/2015 96.23 four stars
2012-12 08/01/2014 97.46 four stars
2012-12 06/01/2014 94.43 four stars
2011-12 03/01/2013 95.82 four stars
2010-12 03/01/2012 95.81 four stars
2009-12 09/20/2011 97.40 four stars
 
CN 1.0
2009-12 12/22/2010 96.32 four stars
2008-12 11/01/2009 93.73 four stars
2007-12 07/01/2009 88.41 three stars
2006-12 05/01/2008 88.41 three stars
2005-12 12/01/2006 90.27 four stars
2004-12 11/01/2005 85.87 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 13-4141945
Name in IRS Master File MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH
NTEE Code H48
NTEE Classification Brain Disorders Research
NTEE Type Medical Research
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 December, 2000
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
$732,689 0.65% Todd Sherer CEO
Other Salaries of Note
$786,425 0.70% Deborah W. Brooks Co-Founder & Executive Vice Chair

Highly Rated

Charity Name & State Overall Score Overall Rating
Michael J. Fox Foundation for Parkinson's Research (NY) 92.92 four stars
FRAXA Research Foundation (MA) 97.17 four stars
CDC Foundation (GA) 98.23 four stars
Scleroderma Research Foundation (CA) 96.80 four stars
American Psychiatric Association Foundation (DC) 86.81 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Michael J. Fox Foundation for Parkinson's Research
Grand Central Station
P.O. Box 4777
New York, NY 10163
tel: (800) 708-7644
fax: (212) 509-2390
EIN: 13-4141945

Visit Web Site

Board Leadership

Jeff Keefer
Chairman

CEO

Todd Sherer
Chief Executive Officer

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