Race To Erase Ms

Organization Overview

Race To Erase Ms is located in Los Angeles, CA. The organization was established in 1994. 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 12/2023, Race To Erase MS employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Race To Erase MS 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, Race To Erase MS generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Race To Erase MS has awarded 54 individual grants totaling $5,772,500. 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 PROVIDE FUNDING FOR RESEARCH AND TO PROMOTE AWARENESS FOR THE TREATMENT AND ULTIMATE CURE OF MULTIPLE SCLEROSIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDING RESEARCH IS THE CORE FOCUS OF THE FOUNDATION AND ALL FUNDS RAISED SUPPORT OUR CENTER WITHOUT WALLS PROGRAM, A SELECTED NETWORK OF THE NATIONS TOP MS RESEARCH CENTERS. THIS NATIONWIDE COLLABORATION OF PHYSICIANS AND SCIENTISTS ARE ON THE CUTTING-EDGE OF INNOVATIVE RESEARCH PROGRAMS, WORKING AS A TEAM ON THERAPEUTIC APPROACHES TO ERADICATE MS. IN ADDITION TO COMBATING MS THROUGH RESEARCH IN A CLINICAL ENVIRONMENT, WE HOPE TO INCREASE AWARENESS BY EDUCATING THE PUBLIC ABOUT THIS MYSTIFYING DISEASE THE RACE TO ERASE MS CENTER WITHOUT WALLS ("CWW") PROGRAM HAS PROVIDED SUPPORT THAT HAS HAS PERMITTED THE MEDICAL COMMUNITY TO LINK TOGETHER MULTIDISCIPLINARY SCIENTIFIC PROGRAMS AND EXPERTISE ACROSS THE COUNTRY TO ADVANCE THE UNDERSTANDING OF THE CAUSE OF MS AND TO DEVELOP NEW TREATMENTS. THE CENTER IS A BREAK-THROUGH SUCCESS BECAUSE OF THE VISION, INSIGHT AND FLEXIBILITY OF THESE EXTRAORDINARY DOCTORS. THE CENTER CONSTANTLY STRIVES TO STRENGTHEN THIS REVOLUTIONARY CONCEPT WITH NEW APPROACHES TO FINDING THE BRIGHTEST MINDS IN THIS FIELD. THE CENTER'S SCIENTIFIC ADVISORY BOARD, SPEARHEADED BY DR. ANDREW GOODMAN, REVIEWS PROPOSALS AND GRANTS, SUBMITTED IN STANDARD NIH FORMAT. IN ADDITION TO THE REGULAR USE OF HIGH-TECHNOLOGY COMMUNICATION TOOLS, RESEARCHERS OF CWW COME TOGETHER TO SHARE SCIENTIFIC ACCOMPLISHMENTS THROUGH MONTHLY VIRTUAL MEETINGS, STANDARD SCIENTIFIC ADVISORY MEETINGS AND COLLABORATIVE SYMPOSIUMS.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Davis
President/ch
$202,400
Elizabeth Seares
COO
$164,523
Jack Antel
Director
$0
Barbara Davis
Director
$0
Teri Garr
Director
$0
Siedah Garrett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,115,962
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$58,218
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,174,180
Total Program Service Revenue$0
Investment income $123,289
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$124,807
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,172,662

Grants Awarded

Over the last fiscal year, Race To Erase Ms has awarded $360,000 in support to 6 organizations.

Grant RecipientAmount

JOHNS HOPKINS HOSPITAL

PURPOSE: MS RESEARCH

$60,000

YALE UNIVERSITY NEUROSCIENCE DEPART

PURPOSE: MS RESEARCH

$60,000

BRIGHAM & WOMEN'S HOSPITAL HARVARD

PURPOSE: MS RESEARCH

$60,000

UCLA FOUNDATION

PURPOSE: MS RESEARCH

$60,000

UCSF DEPARTMENT OF NEUROLOGY

PURPOSE: MS RESEARCH

$60,000

OREGON HEALTH & SCIENCE UNIVERSITY

PURPOSE: MS RESEARCH

$60,000
View Grant Profile

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