Alzheimer's Association
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Alzheimer's Association meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to eliminate Alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health."
Year, State Incorporated:
1980, DE
Alzheimer's Association (The Association) reports that it offers free resources to the millions of people facing Alzheimer's disease, including its in-person education and support programs, 24/7 Helpline and website. The organization also provides international leadership and funding to advance research toward methods of treatment, prevention and ultimately, a cure for Alzheimer's. The Association states that it addresses the global dementia crisis by providing education and support to the millions who face dementia every day. Some ($12,991,000, or 4%) of the Association's program services are carried out in conjunction with fund raising efforts.
For the year ended June 30, 2024, Alzheimer's Association's program expenses were:
Care, support and risk reduction: $105,676,000
Research: $105,802,000
Concern and awareness: $112,207,000
Diversity and inclusion: $9,670,000
Public policy: $28,965,000
Mission engagement: $4,140,000
Total Program Expenses: $366,460,000
Chief Executive
Joanne Pike, President and Chief Executive Officer
Compensation*
$1,033,602
Chair of the Board
Minoo Javanmardian, Ph.D.
Chair's Profession / Business Affiliation
Partner, Health and Life Sciences, Oliver Wyman
Board Size
23
Paid Staff Size
1743
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Print advertisements, Corporate solicitation
Alzheimer's Association incurred joint costs of $21,903,137 for informational materials and activities that included fund raising materials. Of those costs $12,990,476 was allocated to program expenses, $5,648,278 was allocated to fundraising expenses, and $3,264,383 was allocated to administrative expenses.
Fundraising costs were 20% of related contributions. (Related contributions, which totaled $442,780,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Alzheimer's Association's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Dividends and interest, net | $10,510,000 |
| Net realized and unrealized gains in value of investments | $21,598,000 |
| Contributions | $431,410,000 |
| In-kind contributions | $11,370,000 |
| Conference registration and other | $12,309,000 |
| Total Income | $487,197,000 |
Programs: 77% Fundraising: 18% Administrative: 5%
| Total Income | $487,197,000 |
| Total expenses: | $475,954,000 |
| Program expenses | $366,460,000 |
| Fundraising expenses | $85,056,000 |
| Administrative expenses | $24,438,000 |
| Other expenses | $0 |
| Income in Excess of Expenses | $11,243,000 |
| Beginning Net Assets | $293,756,000 |
| Other Changes In Net Assets | $1,495,000 |
| Ending Net Assets | $306,494,000 |
| Total Liabilities | $220,240,000 |
| Total Assets | $526,734,000 |
Note 1: In the above financial section, "other changes in net assets" represents change in value of perpetual trusts ($2,157,000) and change in value of split-interest agreements (-$662,000).
Note 2: According to the Association's audited financial statements for the fiscal year ended June 30, 2024, the organization received in-kind income of $11,370,000 including program services ($5,713,000), research grant proposal review ($2,702,000), fundraising items ($2,137,000), Alzheimer's Association International Conference abstract review ($772,000), and other ($20,000).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance