The Multiple Myeloma Research Foundation Inc

Organization Overview

The Multiple Myeloma Research Foundation Inc is located in Norwalk, CT. The organization was established in 1998. According to its NTEE Classification (G50) the organization is classified as: Nerve, Muscle & Bone Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Multiple Myeloma Research Foundation Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiple Myeloma Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Multiple Myeloma Research Foundation Inc generated $34.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $41.9m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Multiple Myeloma Research Foundation Inc has awarded 217 individual grants totaling $45,229,497. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MMRC IS A NETWORK OF 14 LEADING CANCER CENTERS AND ADDRESSES THREE CRITICAL AREAS OF UNMET NEEDS: HIGH-RISK SMOLDERING MYELOMA, HIGH-RISK UPFRONT TREATMENT FOR SYMPTOMATIC MULTIPLE MYELOMA, AND RELAPSED/REFRACTORY TREATMENT AFTER ANTI-CD38 AND BCMA-DIRECTED THERAPIES.IN 2023, THE MMRF DEVELOPED THE HORIZON ADAPTIVE TRIALS PROGRAM. SLATED TO OPEN IN 2024, HORIZON WILL TEST TREATMENT STRATEGIES THROUGH TWO TRIALS IN PATIENTS WITH RELAPSED/REFRACTORY DISEASE AND THOSE WHO ARE NEWLY DIAGNOSED AND HAVE HIGH-RISK DISEASE. THE ADAPTIVE NATURE OF THE TRIALS ALLOWS INVESTIGATORS TO TEST MULTIPLE THERAPIES SIMULTANEOUSLY AND REDUCE THE AMOUNT OF TIME NEEDED TO EVALUATE NEW THERAPIES. INVESTIGATORS CAN THEN RAPIDLY EXPAND PATIENT COHORTS RECEIVING TREATMENT REGIMENS WITH POSITIVE OUTCOMES AND EFFICIENTLY CLOSE EXPERIMENTAL PROTOCOLS WITH LESS-THAN-OPTIMAL OUTCOMES. GROUNDBREAKING CLINICAL TRIALS LIKE HORIZON ARE ONLY POSSIBLE THROUGH LARGER-SCALE, MULTI-INSTITUTIONAL COOPERATION. THESE TRIALS ALLOW THE MMRC TO EXPLORE COMBINATION THERAPIES REGARDLESS OF MANUFACTURER, PUTTING THE MOST PROMISING SCIENCE AND THE URGENT NEED OF PATIENTS AHEAD OF PHARMACEUTICAL PROFITS OR INDUSTRY COMPETITION.


IN ADDITION TO THE PROGRAM EXPENSES DESCRIBED ABOVE, CORRESPONDING ACTIVITIES IN ALIGNMENT WITH THE OVERALL GOALS OF THE ORGANIZATION ARE ALSO SUPPORTED. THESE INCLUDE A PORTFOLIO OF CUTTING-EDGE RESEARCH PROGRAMS IN BASIC SCIENCE, WHICH IDENTIFIES NEW TARGETS THROUGH GENOMICS AND PROTEOMICS RESEARCH; VALIDATION STUDIES, WHICH IDENTIFY NEW COMPOUNDS AND COMBINATIONS IN RESEARCH MODELS BASED ON HIGH-PRIORITY TARGETS; AND INNOVATIVE CLINICAL TRIALS OF NOVEL AND COMBINATION TREATMENTS. AS A PATIENT-FOUNDED ORGANIZATION, THE MMRF STANDS TOGETHER WITH THOSE WHO ARE BATTLING MULTIPLE MYELOMA - PATIENTS, FAMILIES, PHYSICIANS, RESEARCHERS, AND INVESTORS. AT THE SAME TIME, THE MMRF STANDS APART WITH ITS INNOVATIVE APPROACH. THE MMRF GENERATES, INTERPRETS, AND ACTIVATES THE LARGEST COLLECTION OF HIGH-QUALITY DATA AND PLACES IT IN THE PUBLIC DOMAIN. THE MMRF ORCHESTRATES THE PEOPLE, PROGRAMS, AND TECHNOLOGIES NECESSARY TO SPEED THE DISCOVERY OF A CURE FOR EACH AND EVERY PATIENT.


IN 2023, THE MMRF CONTINUED TO BUILD OUT THE MMRF IMMUNE ATLAS INITIATIVE (THE "ATLAS"), AN IMMUNE PROFILING AND ANALYTICS PLATFORM USING DATA AND SAMPLES FROM THE COMMPASS STUDY TO GENERATE DATA ON THE ROLE OF PATIENT IMMUNITY IN MYELOMA DISEASE BIOLOGY AND RESPONSE TO THERAPY, AND TO SUPPORT AND SPEED EFFORTS TO MAKE IMMUNOTHERAPY MORE PRECISE FOR MYELOMA PATIENTS. THE ATLAS WILL DESCRIBE THE IMMUNE LANDSCAPE IN MYELOMA AND HOW IT CHANGES THROUGHOUT THE COURSE OF THE DISEASE AND TREATMENT. THIS EFFORT IS A CRITICAL FIRST STEP TO ESTABLISH GUIDELINES AND ALIGNMENT ON HOW IMMUNE DATA IS PRODUCED, PRIORITIZED, AGGREGATED, AND SHARED. AT SCALE, IT HAS THE POTENTIAL TO IDENTIFY NEW IMMUNOLOGIC FACTORS PREDICTIVE OF PATIENT RESPONSE OR RELAPSE TO THERAPY, TO IDENTIFY NEW IMMUNE TARGETS FOR DRUG DEVELOPMENT AND, EVENTUALLY, ENABLE CLINICIANS TO CUSTOMIZE TREATMENTS AND THERAPIES BASED ON AN INDIVIDUAL'S IMMUNE SYSTEM.


IN 2023, THE MMRF CONCLUDED ENROLLMENT IN THE MMRF CURECLOUD ("CURECLOUD") RESEARCH INITIATIVE, MAKING IT ONE OF THE LARGEST LONGITUDINAL DATA SETS IN MULTIPLE MYELOMA, WITH OVER 1,000 PATIENTS ENROLLED. THE DATA FROM THIS STUDY, WHICH INCLUDES CLINICAL GENOMIC, IMMUNE, AND PATIENT-REPORTED OUTCOMES, IS BEING ANALYZED IN ONGOING RESEARCH AND WILL BE MADE AVAILABLE TO RESEARCHERS TO HELP ANSWER IMPORTANT MYELOMA RESEARCH QUESTIONS AND INFORM FUTURE MMRF DATA-GENERATING INITIATIVES, ALL IN SUPPORT OF THE MMRF'S MISSION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kathy Giusti
Founder & Director
$183,333
Thomas Conheeney
Chairman
$0
Gerald Mcdougall
Vice Chairman
$0
Kenneth Anderson MD
Director
$0
Karen Andrews
Director
$0
Rodney Gilmore
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Redmeded Llc
Continuing Medical Education
$1,578,567
Cyber X Designs Llc Dba Arteric
Marketing Consultant
$1,524,985
Icahn School Of Medicine At Mount Sinai
Contract Research
$1,438,990
Dana Farber Cancer Institute
Contract Research
$1,151,140
Tgen
Contract Research
$1,122,765
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$30,976,388
Noncash contributions included in lines 1a–1f $251,490
Total Revenue from Contributions, Gifts, Grants & Similar$30,976,388
Total Program Service Revenue$1,281,492
Investment income $1,696,550
Tax Exempt Bond Proceeds $0
Royalties $192
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,032
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,950,590

Grants Awarded

Over the last fiscal year, The Multiple Myeloma Research Foundation Inc has awarded $6,594,759 in support to 21 organizations.

Grant RecipientAmount

BARBARA ANN KARMANOS CANCER HOSPITAL

PURPOSE: SITE INVESTMENT GRANT

$100,000

BETH ISRAEL DEACONESS MEDICAL CENTER

PURPOSE: SITE INVESTMENT GRANT, IMMUNOTHERAPY

$612,829

CITY OF HOPE

PURPOSE: SITE INVESTMENT GRANT, FELLOW, IMMUNOTHERAPY

$130,000

DANA FARBER CANCER INSTITUTE

PURPOSE: SITE INVESTMENT GRANT, IMMUNOTHERAPY, PREVENTION

$1,050,000

HACKENSACK UNIVERSITY MEDICAL CENTER

PURPOSE: SITE INVESTMENT GRANT

$101,729

ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

PURPOSE: SITE INVESTMENT GRANT, IMMUNOTHERAPY

$1,964,644
View Grant Profile

Peer Organizations

Organization NameAssets
The Multiple Myeloma Research Foundation Inc
Norwalk, CT
$33,950,590
American Parkinson Disease Assoc
Staten Island, NY
$12,931,965
Tourette Association Of America Inc
Bayside, NY
$5,048,195
Amyotrophic Lateral Sclerosis Association
New York, NY
$4,847,061
Project Als Inc
New York, NY
$3,776,913
Mckenzie Institute Inc
Syracuse, NY
$2,086,327
Dysautonomia Foundation Inc
New York, NY
$1,215,749
Amyotrophic Lateral Sclerosis Association
Westborough, MA
$2,795,826
Accelerated Cure Project Inc
Waltham, MA
$2,275,860
Joint Employment Office Of The Elevator Industry
Long Island City, NY
$1,765,852
Dysimmune Neuromuscular Diseases Foundation
Lexington, MA
$873,086
Workers United
New York, NY
$515,440
Amyotrophic Lateral Sclerosis Association
Warwick, RI
$844,803
Back Bay Association Inc
Boston, MA
$543,474
Joint Coordinating Committee Inc Of Msp Fsu
Amherst, MA
$630,779
International Workshop On Scleroderma Research Corporation
Arlington, MA
$344,059
New York State Rheumatology Society Inc
Smithtown, NY
$396,970
Ride For Life Inc
Stony Brook, NY
$456,544
Patellofemoral Foundation Inc
Litchfield, CT
$172,466
The Susie Foundation Inc
West Hartford, CT
$258,205
Empower Parkinson Inc
Tully, NY
$228,859
Expansion Joint Mfrs Assn Inc
Tarrytown, NY
$50,036
Talia Duff Foundation Inc
Ipswich, MA
$36,939
Carter Foundation For Neurologic Research Inc
Wellesley, MA
$0
Chronic Fatigue Initiative Inc C/O Glenn H Hutchins
New York, NY
$85,076

Create an account to unlock the data you need.

or