Elton John Aids Foundation Inc

Organization Overview

Elton John Aids Foundation Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Elton John Aids Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elton John Aids 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, Elton John Aids Foundation Inc generated $21.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $22.2m during the year ending 12/2023. While expenses have increased by 6.7% 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 2014, Elton John Aids Foundation Inc has awarded 833 individual grants totaling $77,460,894. 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

TO BE A POWERFUL FORCE TO END THE AIDS EPIDEMIC AND THE STIGMA THAT SURROUNDS HIV/AIDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ELTON JOHN AIDS FOUNDATION IS ONE OF THE TOP 10 PHILANTHROPIC FUNDERS OF HIV/AIDS GRANTS WORLDWIDE. SINCE OUR FOUNDING, WE HAVE RAISED OVER $600 MILLION TO SUPPORT HIV/AIDS PROGRAMS GLOBALLY. WE ARE IN THE TOP 5 FUNDERS OF HIV/AIDS PROGRAMMING FOR MARGINALIZED COMMUNITIES SUCH AS GAY MEN, TRANSGENDER, SEX WORKERS AND PEOPLE WHO USE DRUGS, SUPPORTING GROUPS THAT FACE A DISPROPORTIONATE BURDEN OF THE HIV/AIDS PANDEMIC AND TAKING ON ISSUES THAT GOVERNMENTS ARE OFTEN UNABLE OR UNWILLING TO FUND. IN 2023, OUR U.S. AND U.K. ENTITIES TOGETHER FUNDED $21,647,822 OF NEW GRANTS, THE HIGHEST AMOUNT EVER AWARDED IN ONE YEAR. THE U.S. ENTITY ALONE AWARDED $16,422,921 OF GRANTS AND SPENT $19,646,690 ON PROGRAM SERVICES, 89% OF TOTAL EXPENSES. SEE SCHEDULE O FOR CONTINUATION.IN 2020, WE EMBARKED ON AN EXCITING NEW STRATEGIC PLAN, DESIGNED TO REDUCE STIGMA AND HIV TRANSMISSION, ENSURE THAT EVERYONE HAS ACCESS TO COMPASSIONATE CARE AND TREATMENT, AND THAT GOVERNMENTS INVEST EQUITABLY IN THOSE POPULATIONS MOST AFFECTED BY HIV. OUR STRATEGY FOCUSES ON REACHING THE MOST MARGINALIZED POPULATIONS AND COMMUNITIES THAT ARE SO OFTEN LEFT BEHIND AND EXCLUDED FROM THE HIV RESPONSE.THE ELTON JOHN AIDS FOUNDATION'S GRANTMAKING IS MADE FROM BOTH ITS U.S. ENTITY (TO WHICH THIS FORM 990 RELATES) AND U.K. ENTITY. AS REPORTED IN THE FOUNDATION'S ANNUAL REPORT, AVAILABLE ON OUR WEBSITE, THE FOUNDATION AWARDED 56 NEW GRANTS TO THE VALUE OF $21,647,822 IN 2023, OF WHICH $16,422,921 WAS FROM THE U.S. ENTITY ALONE. WE REACHED OVER 280,000 PEOPLE WITH SERVICES AND EDUCATION ACROSS 42 COUNTRIES, INITIATED OVER 8,900 PEOPLE ON PRE-EXPOSURE PROPHYLAXIS (PREP), INITIATED OVER 11,000 ON ANTIRETROVIRAL THERAPY (ART) AND SUPPORTED OVER 113,000 PEOPLE TO TEST FOR HIV. GRANTS WERE AWARDED ACROSS OUR STRATEGIC PORTFOLIO AREAS:1. YOUNG PEOPLE: TO MEET THE GROWING GLOBAL HEALTH NEEDS OF YOUNG PEOPLE AND PREVENT A RESURGENCE OF THE HIV/AIDS PANDEMIC, WE WILL PILOT AND SCALE EFFECTIVE PUBLIC HEALTH RESPONSES WHICH MEET YOUNG PEOPLE WHERE THEY ARE THROUGH INNOVATIONS IN SEXUAL AND REPRODUCTIVE HEALTH AND MENTAL HEALTH SERVICE DELIVERY. 2. LGBTQ+: LGBTQ+ POPULATIONS ARE AT INCREASED RISK OF HIV INFECTION DUE TO PERVASIVE INEQUALITIES AND INJUSTICES, WHICH CAN NO LONGER BE IGNORED. WE ARE WORKING TO ENSURE LGBTQ+ PEOPLE HAVE EQUAL RIGHTS AND PROTECTION UNDER THE LAW, SOCIAL POWER, AND ACCESS APPROPRIATE, QUALITY HEALTH CARE.3. UNITED STATES OF AMERICA: THE HIV/AIDS EPIDEMIC IN THE UNITED STATES WILL NOT END WITHOUT CONCERTED ACTION FROM BOTH THE PUBLIC AND PRIVATE SECTOR. WE ARE STRENGTHENING THESE PARTNERSHIPS TO ENHANCE HEALTH WORKFORCE CAPABILITIES, TO INCREASE THE ACCESSIBILITY AND DEMAND FOR HIV PREVENTION AND TESTING COMMODITIES, TO ENHANCE LINKAGES TO CARE WITHIN COMMUNITIES, AND TO ADDRESS NATIONAL, STATE, AND LOCAL POLICY BARRIERS FOR PEOPLE LIVING WITH HIV AND THOSE AT HEIGHTENED RISK OF INFECTION.4. EASTERN EUROPE AND CENTRAL ASIA: IN EASTERN EUROPE AND CENTRAL ASIA, HIV INFECTIONS AND AIDS-RELATED DEATHS CONTINUE TO RISE, DEMANDING URGENT ACTION TO TURN THE TIDE OF THE EPIDEMIC. TO ACHIEVE EPIDEMIC CONTROL IN EECA, WE ARE WORKING TO IMPROVE AND EXPAND HIV SERVICES FOR ALL, TO REDUCE STIGMA AND DISCRIMINATION EXPERIENCED BY KEY POPULATIONS, AND TO SHARE LEARNING ON EFFECTIVE APPROACHES. IN RESPONSE TO THE OUTBREAK OF WAR IN UKRAINE AND INCREASED BURDENS ON THE HEALTH SYSTEM, WE ARE MAKING STRATEGIC INVESTMENTS TO BOLSTER AND SUSTAIN THE HIV/AIDS RESPONSE DURING THIS CRISIS. 5. PEOPLE WHO USE DRUGS: CRIMINALIZATION, VIOLENCE, AND A LACK OF POLITICAL WILL CONTINUE TO IMPEDE HIV/AIDS PREVENTION AND TREATMENT OUTCOMES FOR PEOPLE WHO USE DRUGS. WE ARE WORKING TO ENSURE PEOPLE WHO USE DRUGS ARE FREE FROM CRIMINALIZATION, HAVE ACCESS TO RELEVANT AND EFFECTIVE HARM REDUCTION STRATEGIES, AND CAN RELY ON CONTINUED POLITICAL COMMITMENT AND INVESTMENT TO MEET THEIR HEALTH NEEDS.ELTON JOHN AIDS FOUNDATION INC. WAS FOUNDED BY SIR ELTON JOHN AND IS GOVERNED BY A BOARD OF PHILANTHROPIC LEADERS, TECHNICAL EXPERTS, AND LEADERS IN THE GLOBAL HIV/AIDS RESPONSE. FINANCIAL REVIEW:2023 WAS ANOTHER STRONG YEAR FINANCIALLY FOR THE ELTON JOHN AIDS FOUNDATION AS WE CONTINUE TO MAKE GOOD PROGRESS AGAINST OUR 2020-2025 STRATEGY. THE FOUNDATION CONSISTS OF A U.K ENTITY AND A U.S. SUBSIDIARY ENTITY (TO WHICH THIS FORM 990 RELATES), IN COMBINATION REFERRED TO AS THE "GROUP". THE DIRECTORS MANAGE THE GRANT-MAKING, FUNDRAISING, AND OTHER OPERATIONS OF THE ORGANISATION JOINTLY ACROSS THE GROUP. AS REPORTED IN THE ANNUAL REPORT AVAILABLE ON OUR WEBSITE, TOTAL COMBINED REVENUE FOR THE GROUP IN 2023 WAS $32,905,087, AN EXCELLENT RESULT DRIVEN BY THE LAUNCH OF THE ROCKET FUND, OUR $125 MILLION, MULTI-YEAR FUNDRAISING INITIATIVE TO ACCELERATE THE FOUNDATION'S LIFESAVING WORK AND COMBAT THE GROWING RATES OF HIV. IN THE U.S. ENTITY ALONE, $21,618,939 OF TOTAL REVENUE WAS GENERATED IN 2023, THE SECOND HIGHEST AMOUNT ACHIEVED IN ITS 30-YEAR HISTORY, SECOND ONLY TO THE EXCEPTIONAL $29,188,898 IN 2022. THE DECREASE IN REVENUE IN THE U.S. ENTITY COMPARED TO 2022 IS LARGELY DUE TO THE U.K. ENTITY RECEIVING AN INCREASED PROPORTION OF THE GROUP'S OVERALL INCOME, DRIVEN BY MANAGEMENT'S DECISION TO DIRECT ALL FUNDING FROM ITS KEY GILEAD PARTNERSHIP TO THE U.K. ENTITY IN 2023. WE ARE ENORMOUSLY PROUD OF THE PROGRAMMATIC SUCCESS WE'VE ACHIEVED IN 2023 AND THE IMPACT WE'VE HAD ON THE LIVES OF PEOPLE IN EVERY CORNER OF THE WORLD. AS THE RESULT OF OUR NETWORK OF GENEROUS DONORS, SUPPORTERS, AND PARTNERS THE FOUNDATION WAS ABLE TO FUND 102 INNOVATIVE PROGRAMS ACROSS FOUR CONTINENTS AND APPROVED 56 NEW GRANTS TO THE VALUE OF $21,647,822 ACROSS THE GROUP, AS REPORTED IN THE ANNUAL REPORT THE HIGHEST AMOUNT EVER AWARDED IN ONE YEAR. IN THE U.S. ENTITY ALONE, $16,422,921 OF GRANTS WERE AWARDED AND TOTAL EXPENSES ON PROGRAM SERVICES WERE $19,646,690, REPRESENTING 89% OF TOTAL EXPENSES IN THE ENTITY. THE FOUNDATION TOOK THE STRATEGIC DECISION TO INCREASE AND MAXIMISE THE VALUE OF GRANTS TO PARTNERS AND EXPENDITURE ON PROGRAM SERVICES IN 2023 USING THE SURPLUSES GENERATED IN 2022 AND THE STRONG NET ASSETS HELD AT THE START OF 2023. AS REPORTED IN THE ANNUAL REPORT, THE GROUP RAN A DEFICIT OF $8,409, OFFSET BY $581,592 OF GAINS ON INVESTMENTS, RESULTING IN NET ASSETS OF $33,787,385 AT DECEMBER 31, 2023 ($33,214,202 AT DECEMBER 31, 2022). AS REPORTED IN THIS FORM 990, THE U.S. ENTITY RAN A DEFICIT OF $547,683, WHICH WAS OFFSET BY $437,415 OF UNREALIZED GAINS ON INVESTMENTS AND OTHER CHANGES IN NET ASSETS, RESULTING IN NET ASSETS OF $15,740,294 AT DECEMBER 31, 2023 ($15,850,562 AT DECEMBER 31, 2022). THE STRONG NET ASSET POSITION HELD BY BOTH THE GROUP AND THE U.S. ENTITY GOING INTO 2024 MEANS THE FOUNDATION CAN CONTINUE TO PRIORITIZE FUNDING THE IMPORTANT WORK OF OUR PARTNERS.


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Board, Officers & Key Employees

Name (title)Compensation
Anne Aslett
Chief Executive Officer
$0
David Furnish
Chair
$0
Jared Cranney
Secretary
$0
Tracy Blackwell
Treasurer
$0
Paul Buccieri
Director
$0
Jamie Cooper
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Senovva Inc
Production
$545,860
Crumble Inc
Catering
$443,441
Burson Cohn Wolfe
Consulting
$424,868
Orr Group Inc
Consulting
$375,000
Town Country Event Rentals Inc
Event Supplies
$329,470
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$6,175,562
Related organizations$1,412,286
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,450,945
Noncash contributions included in lines 1a–1f $60,178
Total Revenue from Contributions, Gifts, Grants & Similar$21,038,793
Total Program Service Revenue$0
Investment income $600,919
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$11,056
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,618,939

Grants Awarded

Over the last fiscal year, Elton John Aids Foundation Inc has awarded $9,365,632 in support to 21 organizations.

Grant RecipientAmount

SPRINGBOARD HEALTHLAB (FISCAL AGENT FOR BUILDING HEALTHY ONLINE COMMUNITIES

PURPOSE: GENERAL SUPPORT

$1,707,688

VITAL STRATEGIES

PURPOSE: GENERAL SUPPORT

$1,149,199

POPULATION COUNCIL

PURPOSE: GENERAL SUPPORT

$855,029

PREP4ALL

PURPOSE: GENERAL SUPPORT

$665,240

CLINTON HEALTH ACCESS INITIATIVE - CHAI

PURPOSE: GENERAL SUPPORT

$541,384

FLORIDA HARM REDUCTION COLLECTIVE INC

PURPOSE: GENERAL SUPPORT

$495,271
View Grant Profile

Peer Organizations

Organization NameAssets
Housing Works Health Services Iii Inc
Brooklyn, NY
$50,102,906
Aids Service Center Of Lower Manhattan Inc
New York, NY
$40,032,192
Harlem United Community Aids Center Inc
New York, NY
$29,846,599
North Jersey Aids Alliance Inc
Newark, NJ
$30,251,297
Gay Mens Health Crisis Inc
New York, NY
$21,248,800
Community Research Initiative Of New England Inc
Boston, MA
$24,369,797
Bailey House Inc
Brooklyn, NY
$21,746,947
Elton John Aids Foundation Inc
New York, NY
$21,618,939
Aids Center Of Queens County Inc
Jamaica, NY
$17,935,112
Apicha Community Health Center
New York, NY
$19,562,006
Saint Michaels Clinics Inc
Newark, NJ
$17,713,511
Action Wellness
Philadelphia, PA
$18,129,605
The Mac Aids Fund
New York, NY
$655,185
Newark Aids Consortium Inc
Newark, NJ
$10,897,879
Latino Commission On Aids Inc
New York, NY
$9,979,257
Advancing Connecticut Together Inc
Hartford, CT
$10,033,477
Iris House A Center For Woman Living With Hiv Inc
New York, NY
$10,365,707
Health Care Advocates International Inc
Stratford, CT
$9,767,076
Boom Health
Bronx, NY
$7,452,445
Leeway Inc
New Haven, CT
$8,733,468
St Marys Center Inc
New York, NY
$7,549,938
Aids Council Of Northeastern New York Inc
Albany, NY
$8,262,798
Aids Support Group Of Cape Cod Inc
Provincetown, MA
$6,573,173
Southern Tier Aids Program Inc
Binghamton, NY
$6,506,015
Allies For Health & Wellbeing
Pittsburgh, PA
$5,354,989

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