Michael J Fox Foundation For Parkinsons Research is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (H48) the organization is classified as: Brain Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2023, Michael J Fox Foundation For Parkinsons Research employed 288 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael J Fox Foundation For Parkinsons Research 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 12/2022, Michael J Fox Foundation For Parkinsons Research generated $362.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $338.9m during the year ending 12/2022. While expenses have increased by 17.0% per year over the past 8 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, Michael J Fox Foundation For Parkinsons Research has awarded 1,444 individual grants totaling $727,591,671. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DEDICATED TO FINDING A CURE FOR PARKINSON'S DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND RESEARCH FOCUSED ON DEVELOPING A CURE FOR PARKINSON'S DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Fox Founder | Trustee | 2 | $0 |
Jeffrey Keefer Chairman | OfficerTrustee | 2 | $0 |
Fred G Weiss Treasurer | OfficerTrustee | 2 | $0 |
Skip Irving Vice Chairman | OfficerTrustee | 2 | $0 |
Holly S Andersen MD Member | Trustee | 2 | $0 |
Bonnie M Bandeen Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Blue State Digital Marketing | 12/30/23 | $12,334,428 |
Esrt West 34th Street Lp Rent | 12/30/23 | $6,458,722 |
Greenphire Llc Financial Mgmt - Clinical Trials | 12/30/23 | $3,001,720 |
Yld Ltd Tech Development | 12/30/23 | $2,602,500 |
Corporate Traveler Travel Accommodations | 12/30/23 | $2,602,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $186,440 |
Membership dues | $0 |
Fundraising events | $5,904,203 |
Related organizations | $15,220 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $352,209,049 |
Noncash contributions included in lines 1a–1f | $238,774,440 |
Total Revenue from Contributions, Gifts, Grants & Similar | $358,314,912 |
Total Program Service Revenue | $0 |
Investment income | $2,828,672 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,254,824 |
Net Gain/Loss on Asset Sales | -$48,484 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$5,883 |
Miscellaneous Revenue | $0 |
Total Revenue | $362,405,973 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $238,354,879 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $31,586,089 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,050,484 |
Compensation of current officers, directors, key employees. | $344,027 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $24,215,146 |
Pension plan accruals and contributions | $1,376,158 |
Other employee benefits | $2,913,668 |
Payroll taxes | $2,025,763 |
Fees for services: Management | $0 |
Fees for services: Legal | $456,298 |
Fees for services: Accounting | $87,580 |
Fees for services: Lobbying | $600,982 |
Fees for services: Fundraising | $104,124 |
Fees for services: Investment Management | $150 |
Fees for services: Other | $8,648,266 |
Advertising and promotion | $6,835,580 |
Office expenses | $950,046 |
Information technology | $2,441,684 |
Royalties | $0 |
Occupancy | $5,063,492 |
Travel | $4,049,444 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,388,440 |
Insurance | $183,263 |
All other expenses | $0 |
Total functional expenses | $338,898,662 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $253 |
Savings and temporary cash investments | $144,194,783 |
Pledges and grants receivable | $22,818,272 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $79,186 |
Prepaid expenses and deferred charges | $2,142,283 |
Net Land, buildings, and equipment | $7,728,406 |
Investments—publicly traded securities | $191,936,755 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $28,863,077 |
Total assets | $397,763,015 |
Accounts payable and accrued expenses | $4,407,247 |
Grants payable | $151,090,045 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $38,294,672 |
Total liabilities | $193,791,964 |
Net assets without donor restrictions | $55,132,969 |
Net assets with donor restrictions | $148,838,082 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $397,763,015 |
Over the last fiscal year, Michael J Fox Foundation For Parkinsons Research has awarded $125,810,134 in support to 147 organizations.
Grant Recipient | Amount |
---|---|
23ANDME INC PURPOSE: PARKINSON'S RESEARCH | $787,234 |
ABCAM PURPOSE: PARKINSON'S RESEARCH | $1,091,755 |
ALKAHEST PURPOSE: PARKINSON'S RESEARCH | $3,379,300 |
AMERICAN TYPE CULTURE COLLECTION PURPOSE: PARKINSON'S RESEARCH | $67,980 |
AMPRION PURPOSE: PARKINSON'S RESEARCH | $474,140 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: PARKINSON'S RESEARCH | $1,857,886 |