Charleys Fund Inc

Organization Overview

Charleys Fund Inc is located in Great Barrington, MA. The organization was established in 2005. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Charleys Fund Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleys Fund 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 12/2021, Charleys Fund Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACCELERATE THE DEVELOPMENT OF LIFE-SAVING TREATMENTS FOR DUCHENNE MUSCULAR DYSTROPHY "DMD"

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


SEE SCHEDULE O


WE SUPPORTED RESEACH AT THE UNIVERSITY OF MISSOURI TO COMPREHENSIVELY INVESTIGATE THE CAS9 IMMUNE RESPONSE TO THE CLINICAL APPLICATION OF CRISPR TECHNOLOGY.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Dalle Pazze
President & COO
$241,853
Tracy Kramer Seckler
Co-Founder & CEO
$62,769
Benjamin Seckler MD
Board Chairman
$0
Earl Kramer
Treasurer
$0
Karen Climo
Clerk
$0
Kathe Kramer Chase
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $66,007
All other contributions, gifts, grants, and similar amounts not included above$1,713,273
Noncash contributions included in lines 1a–1f $137,466
Total Revenue from Contributions, Gifts, Grants & Similar$1,779,280
Total Program Service Revenue$0
Investment income $2,279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$135
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $90
Miscellaneous Revenue$0
Total Revenue $1,781,625

Grants Awarded

Over the last fiscal year, Charleys Fund Inc has awarded $1,250,000 in support to 3 organizations.

Grant RecipientAmount

UMASS MEMORIAL FOUNDATION

Org PageRecipient Profile

Shrewsbury, MA

PURPOSE: RESEARCH GRANT

$1,200,000

CASIMIR LLC

PURPOSE: RESEARCH GRANT

$30,000

UNIVERSITY OF MISSOURI

Org PageRecipient Profile

Columbia, MO

PURPOSE: RESEARCH GRANT

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Charleys Fund Inc has recieved totaling $563,273.

Awarding OrganizationAmount
Edelman Fam Foundation

New York, NY

PURPOSE: TO PROVIDE GENERAL SUPPORT TO THE DUCHENNE PROGRAM AT UMASS MEDICAL SCHOOL TO ACCELERATE RESEARCH AND THE DEVELOPMENT OF NEW TREATMENTS FOR MUSCULAR DYSTROPHY IN CHILDREN.

$200,000
Jbs Keys To Dmd Inc

Dover, MA

PURPOSE: DMD CLINIC

$100,000
Edelman Fam Foundation

New York, NY

PURPOSE: TO PROVIDE GENERAL SUPPORT TO THE DUCHENNE PROGRAM AT UMASS MEDICAL SCHOOL TO ACCELERATE RESEARCH AND THE DEVELOPMENT OF NEW TREATMENTS FOR MUSCULAR DYSTROPHY IN CHILDREN.

$100,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$86,933
Jerome M Cohen Foundation

New York, NY

PURPOSE: TO FURTHER DONOR'S PURPOSE

$30,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,035
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,098,758
Net Contributions$645,000
Other Expense$903,757
Ending Balance$840,001

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