Foundation for AIDS Research, aka amfAR meets the 20 Standards for Charity Accountability.
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Year, State Incorporated
1985, NY
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Also Known As
amfAR
AIDS Research Foundation
The American Foundation for AIDS Research
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Stated Purpose
"to end the global AIDS epidemic through innovative research, public education, and public policy."
The Foundation for AIDS Research (amfAR) supports research projects which explore scientific approaches for preventing, treating, and curing HIV infection and enhancing the health and survival of people with HIV/AIDS. The organization participates in the facilitation of development and implementation of research, treatment, prevention, and education strategies in developing countries. amfAR promotes public health and protects the rights of people threatened by HIV/AIDS through public policy analysis and advocacy. The organization also engages in public information programs to build awareness of the continued threat HIV/AIDS poses and to provide current medical, scientific, and prevention information to people with HIV/AIDS, healthcare professionals, and the public.
For the year ended September 30, 2020, Foundation for AIDS Research, aka amfAR's program expenses were:
Research |
$11,753,894 |
TREAT Asia |
$4,546,418 |
Public information |
$3,664,653 |
Public policy |
$1,776,060 |
Total Program Expenses: |
$21,741,025 |
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Chief Executive
Kevin Frost, Chief Executive Officer
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Compensation*
$573,840
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Chair of the Board
T. Greenawalt and Kevin McClatchy
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Chair's Profession / Business Affiliation
Managing Director, Ramirez & Co., Inc., President, Harrison Street Productions and Chairman of the Board, The McClatchy Company
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Board Size
15
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Paid Staff Size
82
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
amfAR incurred joint costs of $358,748 for informational materials and activities that included fundraising materials. Of those costs $252,656 was allocated to fundraising expenses and $106,092 was allocated to program expenses.
Fundraising costs were 25% of related contributions. (Related contributions, which totaled $18,185,024, 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 Foundation for AIDS Research, aka amfAR's audited financial statements for the year ended September 30, 2020.
Source of Funds |
Government funding |
$6,657,827 |
Special events, net |
$5,760,796 |
Planned giving |
$3,066,238 |
Public support |
$2,700,163 |
Investment return, net |
$2,605,497 |
Other revenues |
$3,067 |
Total Income |
$20,793,588 |
- Programs: 76%
- Fundraising: 16%
- Administrative: 8%
Total Income |
$20,793,588 |
Program expenses |
$21,741,025 |
Fundraising expenses |
$4,533,696 |
Administrative expenses |
$2,357,534 |
Other expenses |
$0 |
Total expenses: |
$28,632,255 |
Income in Excess of Expenses |
$-7,838,667 |
Beginning Net Assets |
$49,484,561 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$41,645,894 |
Total Liabilities |
$13,093,624 |
Total Assets |
$54,739,518 |
Note: According to amfAR's audited financial statements for the fiscal year ended September 30, 2020, the organization received in-kind contributions totaling $39,074 in the form of peer review ($29,600) and travel rewards ($9,474).