Bluefield Project To Cure Frontotemporal Dementia
- Assets
- $25.7m
- Revenue
- $2.1m
- Investments
- $24.9m
- Employees
- 3
- Location
- San Francisco, CA
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 27-2444495
Organization Overview
Bluefield Project To Cure Frontotemporal Dementia is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Bluefield Project To Cure Frontotemporal Dementia employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluefield Project To Cure Frontotemporal Dementia 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, Bluefield Project To Cure Frontotemporal Dementia generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.4%) each year. All expenses for the organization totaled $9.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bluefield Project To Cure Frontotemporal Dementia has awarded 62 individual grants totaling $23,040,780. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY MISSION IS TO HELP FIND A CURE FOR FRONTOTEMPORAL DEMENTIA (FTD). THE BLUEFIELD PROJECT WAS FOUNDED BY A FAMILY GROUP WHOSE LIVES HAVE BEEN DIRECTLY IMPACTED BY FTD. FTD IS A CLINICAL SYNDROME CAUSED BY DEGENERATION OF THE [CONTINUED ON PAGE 2]
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLUEFIELD PROJECT IS AN EFFORT TO FIND A TREATMENT OR CURE FOR FRONTOTEMPORAL DEMENTIA (FTD) BY FUNDING FTD-RELATED RESEARCH. BY PRIVATELY FUNDING BASIC, TRANSLATIONAL AND CLINICAL FTD-RELATED RESEARCH, THE DONOR GROUP THAT ESTABLISHED THE BLUEFIELD PROJECT HAS SIGNIFICANTLY INCREASED THE NUMBER OF LABS STUDYING FTD. THE CONSORTIUM FOR FRONTOTEMPORAL DEMENTIA RESEARCH, FUNDED IN PART BY THE BLUEFIELD PROJECT, APPLIES A BUSINESS MODEL TO RESEARCH BY INCENTIVIZING THE SHARING OF DATA AND REAGENTS, THEREBY ACCELERATING DISCOVERY. FTD ENCOMPASSES A GROUP OF COMPLEX NEURODEGENERATIVE DISEASES CHARACTERIZED BY PROGRESSIVE DETERIORATION OF THE FRONTOTEMPORAL LOBES AND RESULTANT LOSS OF DECISION-MAKING ABILITIES AND CONTROL OF BEHAVIOR, EMOTION, AND LANGUAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Perlman President | 40 | $343,000 | |
Bruce Miller MD Director | Trustee | 1 | $410,000 |
Robert V Farese Jr MD Director | Trustee | 1 | $367,193 |
Laura Mitic President | Officer | 20 | $101,728 |
Alexandra Nicholson Assoc Dir Rsrch | 40 | $128,000 | |
Ian Massey PHD Director | Trustee | 1 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adaptive Rc Llc Consulting | 12/30/23 | $186,849 |
Anne Alward Consulting | 12/30/23 | $182,568 |
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 | $444,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $444,020 |
| Total Program Service Revenue | $28,051 |
| Investment income | $1,614,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,086,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,586,808 |
| Grants and other assistance to domestic individuals. | $10,813 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,670,376 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $444,728 |
| Compensation of current officers, directors, key employees. | $51,217 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $94,684 |
| Payroll taxes | $32,704 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,554 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $74,511 |
| Fees for services: Other | $91,201 |
| Advertising and promotion | $0 |
| Office expenses | $33,359 |
| Information technology | $4,562 |
| Royalties | $0 |
| Occupancy | $34,364 |
| Travel | $47,561 |
| 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 | $0 |
| Insurance | $7,190 |
| All other expenses | $0 |
| Total functional expenses | $9,080,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,996 |
| Savings and temporary cash investments | $221,881 |
| Pledges and grants receivable | $135,922 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $219,935 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $24,861,786 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $218,009 |
| Total assets | $25,667,529 |
| Accounts payable and accrued expenses | $1,845,641 |
| Grants payable | $0 |
| 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 | $361,745 |
| Total liabilities | $2,207,386 |
| Net assets without donor restrictions | $23,460,143 |
| Net assets with donor restrictions | $0 |
| 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 | $25,667,529 |
Grants Awarded
Over the last fiscal year, Bluefield Project To Cure Frontotemporal Dementia has awarded $3,579,808 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL SLOAN KETTERING CANC PURPOSE: Research | $442,193 |
MAYO CLINIC ROCHESTER PURPOSE: Research | $293,922 |
UNIVERSITY OF ALABAMA PURPOSE: Research | $180,000 |
HARVARD UNIVERSITY PURPOSE: Research | $269,500 |
UNIVERSITY OF CALIFORNIA PURPOSE: Research | $2,394,193 |