Parkinson's Foundation meets the 20 Standards for Charity Accountability.
Parkinson's Foundation reports that it works to bring together medical professionals, researchers, and those affected by Parkinson's to advance research for treatments and a cure, improve care for everyone with Parkinson's, and educate the Parkinson's community. In 2019, the organization reports it counseled 127,000 people through its helpline, awarded 118 community grants, held 65 educational events, and launched two new initiatives for people living with Parkinson's: PD GENEration: Mapping the Future of Parkinson's Disease and Newly Diagnosed: Building a Better Life with Parkinson's Disease. Some ($1,161,197 or 4%) of Parkinson's Foundation's program activities are carried out in conjunction with fundraising appeals.
For the year ended June 30, 2020, Parkinson's Foundation's program expenses were:
Pillar one - improved care |
$11,600,139 |
Pillar two - research |
$10,688,618 |
Pillar three - education and empowerment |
$10,667,165 |
Total Program Expenses: |
$32,955,922 |
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Chief Executive
John L. Lehr, President and Chief Executive Officer
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Compensation*
$441,391
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Chair of the Board
Howard Morgan
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Chair's Profession / Business Affiliation
Partner and Senior Managing Director, Argand Partners
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Board Size
30
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Paid Staff Size
126
*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, Planned giving arrangements, Telephone appeals, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Parkinson's Foundation incurred joint costs of $2,164,809 for informational materials and activities that included fundraising materials. Of those costs $1,161,197 was allocated to program expenses and $1,003,612 was allocated to fundraising expenses.
Fundraising costs were 10% of related contributions. (Related contributions, which totaled $40,400,657, 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 Parkinson's Foundation's audited financial statements for the year ended June 30, 2020.
Source of Funds |
Private individuals, corporations, and private foundations |
$22,681,997 |
Legacies and bequests |
$15,716,105 |
Special events, net |
$2,002,555 |
Investment earnings, net |
$543,139 |
Total Income |
$40,943,796 |
- Programs: 85%
- Fundraising: 11%
- Administrative: 4%
Total Income |
$40,943,796 |
Program expenses |
$32,955,922 |
Fundraising expenses |
$4,152,205 |
Administrative expenses |
$1,875,619 |
Other expenses |
$0 |
Total expenses: |
$38,983,746 |
Income in Excess of Expenses |
$1,960,050 |
Beginning Net Assets |
$23,984,555 |
Other Changes In Net Assets |
$18,824 |
Ending Net Assets |
$25,963,429 |
Total Liabilities |
$19,152,986 |
Total Assets |
$45,116,415 |
Note 1: As noted in the above financial section "other changes in net assets" refers to a change in value of split interest agreements.
Note 2: According to the organization's audited financial statements ended June 30, 2020, Parkinson's Foundation received in-kind gifts totaling $888,553 in the form of Google grants ($564,907), public service announcements ($251,201), and software ($72,445).