Myasthenia Gravis Foundation Of America Inc

Organization Overview

Myasthenia Gravis Foundation Of America Inc is located in Westborough, MA. The organization was established in 1954. As of 12/2022, Myasthenia Gravis Foundation Of America Inc employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Myasthenia Gravis Foundation Of America 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 12/2022, Myasthenia Gravis Foundation Of America Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 7 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 2016, Myasthenia Gravis Foundation Of America Inc has awarded 34 individual grants totaling $2,698,185. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

COMMITTED TO FINDING A CURE FOR MYASTHENIA GRAVIS AND CLOSELY RELATED DISORDERS, IMPROVING TREATMENT OPTIONS, AND PROVIDING INFORMATION AND SUPPORT TO PEOPLE WITH MYASTHENIA GRAVIS THROUGH RESEARCH, EDUCATION, COMMUNITY PROGRAMS AND ADVOCACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EVALUATING, FUNDING, AND DISSEMINATING CRITICAL RESEARCH: FUNDING OF HIGH IMPACT MG RESEARCH AT PROMINENT UNIVERSITIES AND MEDICAL INSTITUTIONS, INCLUDING LEVERAGING FUNDS IN COLLABORATION WITH STRATEGIC PARTNERS, SUCH AS THE AMERICAN BRAIN FOUNDATION AND MGNET, TO BRING NEW SCIENTISTS TO MG RESEARCH THROUGH FELLOWSHIPS, FUNDING PILOT GRANTS AND SPECIAL PROJECTS. MGFA MAINTAINS THE ONLY GLOBAL MG PATIENT REGISTRY, WHICH HAS GROWN TO INCLUDE NEARLY 3,500 PARTICIPANTS. MGFA SPONSORS AN ANNUAL SCIENTIFIC SESSION IN CONJUNCTION WITH AANEM, ATTRACTING OVER 250 ATTENDEES. MGFA SPONSORS AN INTERNATIONAL CONFERENCE EVERY 3 YEARS WHICH ATTRACTS LEADING MG RESEARCHERS FROM ALL OVER THE WORLD, ATTRACTING OVER 350 ATTENDEES. MGFA PROVIDES INFORMATION TO 40,000 PLUS CONSTITUENTS ABOUT RESEARCH INITIATIVES AND PROGRESS WHEN APPROPRIATE.


AWARENESS AND ADVOCACY: MGFA PROVIDES OVER 20 EDUCATIONAL BROCHURES ON TOPICS IMPORTANT TO PEOPLE LIVING WITH MG, FREE OF CHARGE TO PATIENTS AND THE PUBLIC. IN ADDITION, MGFA PROVIDES A PROFESSIONAL MANUAL, AND OTHER IMPORTANT EDUCATIONAL INFORMATION, FOR HEALTH CARE PROFESSIONALS. THE MGFA CONDUCTS AN ANNUAL AWARENESS CAMPAIGN, JUNE MG AWARENESS MONTH, REACHING OUT THROUGH OUR SUPPORT GROUPS, AN AWARENESS TOOLKIT FOR ALL WHO ARE INTERESTED IN RAISING AWARENESS OF MG IN THEIR COMMUNITIES, PRESS RELEASES, POSTERS AND PROMOTION IN SOCIAL MEDIA. MGFA ANNUALLY HOSTS A NATIONAL PATIENT CONFERENCE, A GATHERING OF THE MG COMMUNITY WHICH FEATURES MG RESEARCH UPDATES, PATIENT STORIES, NEWS ABOUT MG TREATMENTS AND DISCOVERIES AND MANY EXCITING EDUCATIONAL TOPICS TO HELP PATIENTS AND CAREGIVERS MANAGE THEIR MG JOURNEY. MGFA HAS ALSO DEVELOPED AN ONLINE COMMUNITY PLATFORM WHICH IS A ONE-OF-A-KIND VIRTUAL NEIGHBORHOOD WHERE THE MG COMMUNITY CAN CONNECT, SHARE IDEAS AND DISCOVERIES AND ACCESS MG-SPECIFIC EDUCATIONAL MATERIALS SUCH AS LIVE BROADCASTS, WEBINARS AND INFORMATION LIBRARIES IN ONE PLACE. MGFA ALSO MAINTAINS AN EXTENSIVE WEBSITE WHICH PROVIDES PATIENTS AND CAREGIVERS WITH EDUCATIONAL CONTENT AND NEWS AS WELL AS FACEBOOK PAGE TO PROMOTE AWARENESS AND THE ORGANIZATION'S EDUCATIONAL MISSION.


INFORMATION, EDUCATION AND SUPPORT: MGFA PROVIDES MATERIAL, INFORMATION AND REFERRAL, AND EDUCATION AND SUPPORT PROGRAMS TO HELP PEOPLE MANAGE THE CHALLENGES OF LIVING WITH MYASTHENIA GRAVIS. MGFA IS A NATIONAL ORGANIZATION THAT SUPPORTS THE DELIVERY OF PROGRAMS AND SERVICES THROUGH A MYRIAD OF CHANNELS INCLUDING A NETWORK OF APPROXIMATELY 85 SUPPORT GROUPS, PARTNERS IN MG CARE AND A NUMBER OF OTHER NETWORKS NATIONWIDE. THE MGFA WEBSITE IS ONE OF THE ORGANIZATION'S GREATEST RESOURCES AND IS A PREMIER SOURCE OF INFORMATION. MGFA ALSO HOSTS A NUMBER OF LIVE AND INTERACTIVE EDUCATIONAL FORUMS, INCLUDING 18 WELLNESS AND RESEARCH WEBINARS AS WELL AS HOSTED FIVE COMMUNITY HEALTH FAIRS IN VARIOUS US CITIES FOR MG PATIENTS AND CAREGIVERS TO INTERACT, OBTAIN INFORMATION AND LEARN ABOUT MG RESEARCH AND TREATMENT DEVELOPMENTS FROM MG EXPERTS AND CORPORATE INDUSTRY LEADERS.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Gladden
Chair
$0
William Sauerwine
Vice Chair
$0
Michael Lifshitz
Secretary
$0
Justin Stachtiaris
Treasurer
$0
Adrejia Boutte
Director (started 07/2022)
$0
Richard J Nowak MD
Director (started 07/2022)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kellen Company
Program Staffing
$187,500
Mueller & Co Llp
Financial Management
$182,323
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$58,781
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,550,106
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,608,887
Total Program Service Revenue$452,123
Investment income $252,442
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,837
Net Income from Fundraising Events $48,294
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,388,529

Grants Awarded

Over the last fiscal year, Myasthenia Gravis Foundation Of America Inc has awarded $789,999 in support to 5 organizations.

Grant RecipientAmount

UNIVERSITY OF PENNSYLVANNIA

PURPOSE: Preclinical models and biomarkers for predicting MuSK-CAART clinical outcomes

$300,000

THE GEORGE WASHINGTON UNIVERSITY

PURPOSE: Dr Kaminski's MG Net Pilot Studies program

$50,000

YALE UNIVERSITY

PURPOSE: Measuring AChR autoantibody effector functions in myasthenia gravis patients.

$225,000

UNIVERSITY OF MICHIGAN

PURPOSE: Advancing patient-centered care and research for ocular myasthenia gravis: Validation of a novel patient reported outcome measure

$55,000

AMERICAN BRAIN FOUNDATION

PURPOSE: Medical research

$159,999
View Grant Profile

Peer Organizations

Organization NameAssets
Tri-Institutional Therapeutics Discovery Institute Inc
New York, NY
$18,703,204
Lankenau Institute For Medical Research
Wynnewood, PA
$11,705,452
Intl Society Of Pharmacoeconomics And Outcomes Research Inc
Lawrenceville, NJ
$18,483,761
Winifred Masterson Burke Medical Research
White Plains, NY
$14,526,927
Monell Chemical Senses Center
Philadelphia, PA
$35,177,690
Childrens Tumor Foundation
New York, NY
$16,990,325
Community Partners In Action Inc
Hartford, CT
$16,238,720
Christopher Reeve Foundation A New Jersey Nonprofit Corporation
Short Hills, NJ
$16,163,010
Boston Va Research Institute Inc
Boston, MA
$17,108,717
Institute For Protein Innovation Inc
Boston, MA
$4,647,929
American Thrombosis And Hemostasisnetwork Inc
Rochester, NY
$13,595,220
Cares Of Ny Inc
Saratoga Springs, NY
$14,973,146
The International Academy Of Hope
New York, NY
$18,933,969
Baim Institute For Clinical Research Inc
Boston, MA
$13,536,792
The Cooperative Central Bank
Woburn, MA
$2,132,200
Health Effects Institute
Boston, MA
$15,080,985
Jacobs Institute Inc
Buffalo, NY
$12,546,764
Zachary And Elizabeth M Fisher Center For Alzheimers Research Fdn
New York, NY
$7,084,008
New Jersey Health Foundation Inc
Princeton, NJ
$12,452,571
Institute For Neurodegenerative Disorders Inc
New Haven, CT
$12,127,200
Als Therapy Development Foundation Inc
Watertown, MA
$11,558,482
Trudeau Institute Inc
Saranac Lake, NY
$6,035,523
Masonic Medical Research Laboratory
Utica, NY
$8,083,309
Life Science Cares Inc
Cambridge, MA
$9,986,155
The Association For Frontotemporal Degeneration
King Of Prussia, PA
$8,537,416

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