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EIN 23-7337229

BrightFocus Foundation

IRS 501(c) type
501(c)(3)
Num. employees
68
City
Clarksburg
State
Maryland
Year formed
1973
Most recent tax filings
2023-03-01
NTEE code, primary
G90: Medical Disciplines
Description
BrightFocus Foundation is a nonprofit organization supporting research and providing public education to help eradicate brain and eye diseases, including Alzheimer's disease, macular degeneration, and glaucoma.
Also known as...
American Health Assistance Foundation
Total revenues
$43,893,797
2023
Total expenses
$48,508,214
2023
Total assets
$58,626,477
2023
Num. employees
68
2023

Program areas at BrightFocus Foundation

Alzheimer's disease research (adr)please refer to schedule o for a complete description of the accomplishments for alzheimer's disease research.
National glaucoma research (ngr) please refer to schedule o for a complete description of the accomplishments for national glaucoma research.
Macular degeneration research (mdr)please refer to schedule o for a complete description of the accomplishments for macular degeneration research.

Grants made by BrightFocus Foundation

GranteeGrant descriptionAmount
University of Southern California (USC)Alzheimer's Disease Research By Jinkook Lee, PHD, Entitled: (Ca2023001)$600,000
General Hospital CorporationAlzheimer's Disease Research By Jingyuan Chen, PHD, Entitled: (A2023011s)$300,000
Shriners Hospitals for ChildrenAlzheimer's Disease Research By Olga Chechneva, PHD, Entitled: (A2023017s)$300,000
...and 45 more grants made totalling $8,622,560

Who funds BrightFocus Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$337,141
Schwab Charitable FundHealth$194,719
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$153,650
...and 121 more grants received totalling $1,776,578

Personnel at BrightFocus Foundation

NameTitleCompensation
Stacy Pagos HallerPresident and Chief Executive Officer$440,796
David F MarksVice President , Finance and Administration$166,931
Michael BuckleyVice President , Public Affairs / Vice President of Public Affairs$163,018
R Brian EldertonSenior Vice President , Development$243,178
Diane BovenkampVice President , Scientific Affairs$182,082
...and 10 more key personnel

Financials for BrightFocus Foundation

RevenuesFYE 03/2023
Total grants, contributions, etc.$43,451,535
Program services$0
Investment income and dividends$882,169
Tax-exempt bond proceeds$0
Royalty revenue$495,958
Net rental income$523,842
Net gain from sale of non-inventory assets$-1,150,453
Net income from fundraising events$-309,254
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$43,893,797

Form 990s for BrightFocus Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-032023-08-09990View PDF
2022-032022-08-04990View PDF
2021-032021-08-02990View PDF
2020-032020-10-23990View PDF
2019-032019-09-28990View PDF
...and 9 more Form 990s
Data update history
October 23, 2024
Received grants
Identified 7 new grant, including a grant for $49,500 from American Endowment Foundation
August 10, 2024
Received grants
Identified 28 new grant, including a grant for $100,000 from Homer and Annette Thompson Foundation
May 18, 2024
Received grants
Identified 21 new grant, including a grant for $153,650 from National Christian Foundation / Natl Christian Charitable FDN Inc
October 25, 2023
Received grants
Identified 9 new grant, including a grant for $22,513 from American Endowment Foundation
September 24, 2023
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsDisease research fundraisersProfessional associationsDisease-focused nonprofitsCharities
Issues
HealthDiseases and disordersMedical disciplines
Characteristics
Conducts researchLobbyingFundraising eventsOperates internationallyNational levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
22512 Gateway Dr
Clarksburg, MD 20871
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
brightfocus.org/ 
Phone
(800) 437-2423
Facebook page
BrightFocusFoundation 
Twitter profile
@_brightfocus 
IRS details
EIN
23-7337229
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G90: Medical Disciplines
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
060353
FTB Entity ID
1535619
AB 488 data last updated ("as-of") date
2024-12-04
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