EIN 23-7337229

BrightFocus Foundation

IRS 501(c) type
501(c)(3)
Num. employees
66
Year formed
1973
Most recent tax filings
2022-03-01
NTEE code, primary
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
$50,757,728
2022
Total expenses
$54,057,357
2022
Total assets
$65,540,964
2022
Num. employees
66
2022

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
Jackson LaboratoryMacular Degeneration Research By Patsy Nishina, PHD, Entitled: (M2022016i)$600,000
Regents of the University of MichiganMacular Degeneration Research By Lev Prasov, PHD, Entitled: (M2022011N)$450,000
Johns Hopkins University (JHU)Macular Degeneration Research By Srinivasa Rao Sripathi, PHD, Entitled: (M2022014N)$450,000
...and 68 more grants made totalling $15,681,569

Who funds BrightFocus Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$338,324
The Luminescence FoundationGeneral$200,000
Schwab Charitable FundHealth$170,605
...and 69 more grants received totalling $1,131,110

Personnel at BrightFocus Foundation

NameTitleCompensation
Stacy Pagos HallerPresident and Chief Executive Officer$371,573
David F Marks CmaVice President , Finance and Administration$160,472
David MarksVice President, Finance and Administration
Michael BuckleyVice President , Public Affairs$158,154
R Brian EldertonSenior Vice President, Development$233,289
...and 11 more key personnel

Financials for BrightFocus Foundation

RevenuesFYE 03/2022
Total grants, contributions, etc.$46,522,410
Program services$0
Investment income and dividends$1,038,513
Tax-exempt bond proceeds$0
Royalty revenue$440,595
Net rental income$542,988
Net gain from sale of non-inventory assets$2,205,722
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,500
Total revenues$50,757,728

Form 990s for BrightFocus Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-032021-08-02990View PDF
2020-032020-10-23990View PDF
2019-032019-09-28990View PDF
2018-032018-10-16990View PDF
2017-032017-10-20990View PDF
...and 7 more Form 990s
Data update history
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Ruth and Hal Launders Charitable Trust
March 31, 2023
Used new vendors
Identified 1 new vendor, including
August 3, 2022
Received grants
Identified 9 new grant, including a grant for $53,097 from America's Charities (AC)
July 22, 2022
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2022
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsConducts researchLobbyingOperates internationallyNational levelEndowed supportTax deductible 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
H30: Cancer Research
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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