The Foundation for AIDS Research
Also known as AIDS Research Foundation Amfar
The Foundation for AIDS Research reported $34.8 million in revenue and $33.3 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $72.32 went to program services, $8.78 to management and general costs and $18.90 to fundraising. Its largest source of revenue was contributions and grants: 138.5% of the total. Government grants made up 29.0%. The highest compensation it reported for one person was $677,567 (CHIEF EXECUTIVE OFFICER). 28 people received more than $100,000 in reportable compensation. Revenue rose 63% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $33MFor context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $35M- Contributions & grants (non-government)$76.45 $38M
- Government grants$20.25 $10M
- Investment income$3.30 $1.6M
Other revenue was negative: −$15M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 72.3% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.8% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 18.9% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 138.5% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 29.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $677,567 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.03% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 28 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 13.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 93.8% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAs a leading nonprofit, amfar advances scientific discovery to improve global health, with a primary and enduring commitment to ending the HIV/AIDS epidemic. Serving as a catalyst for breakthrough science, amfar supports innovative research in areas where viruses and the immune system play a defining role, including cancer, neurological conditions, aging, autoimmune disorders, and other viral diseases. For further details, see scheule o
Treat asiathe asia-pacific region is home to nearly 7 million people living with HIV, the world's largest epidemic after that in eastern and southern africa, with 23% of all new infections globally. Treatment coverage varies significantly across the region, where people living with and at risk for HIV are also challenged by co-infections such as hepatitis, tuberculosis, and mental health issues. With its network of 21 adult and 18 pediatric sites in 12 countries across the region, amfar's treat asia program brings researchers, health professionals, and advocates together to improve standards…
Public informationamfar translates and disseminates information on important HIV-related research, treatment, prevention, and policy issues for diverse audiences to increase awareness and knowledge of the pandemic. Amfar publishes a wide range of educational materials, maintains an informative website, works closely with the media to raise the profile of HIV/AIDS, both domestically and internationally, and to help ensure the accuracy of HIV-related press coverage, and engages respected public figures, scientists, and policymakers in communicating the need for continued research to develop new…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $543,683 | $0 | $133,884 | $677,567 |
| TREASURER/CFO, THRU JULY 2025 Officer, 40.00 hrs/week | $376,610 | $0 | $91,196 | $467,806 |
| VICE PRESIDENT, PUBLIC POLICY Key employee, 40.00 hrs/week | $325,758 | $0 | $90,320 | $416,078 |
| VICE PRESIDENT OF DEVELOPMENT Key employee, 40.00 hrs/week | $292,133 | $0 | $88,122 | $380,255 |
| VICE PRESIDENT, TREAT ASIA Key employee, 40.00 hrs/week | $282,080 | $0 | $30,365 | $312,445 |
| GENERAL COUNSEL, ASST SECRETARY Officer, 40.00 hrs/week | $201,976 | $0 | $101,497 | $303,473 |
| VICE PRESIDENT OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $211,292 | $0 | $82,399 | $293,691 |
| DIRECTOR, PUBLICATIONS Highest compensated employee, 40.00 hrs/week | $197,892 | $0 | $81,179 | $279,071 |
28 people received more than $100,000 in reportable compensation from The Foundation for AIDS Research (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 571
- Volunteers Part I, line 614
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RAFANELLI EVENTS MANAGEMENT INC Event management | $1,694,395 |
| AAB PRODUCTIONS INC Event production | $473,600 |
| SANKY COMMUNICATIONS INC Direct mail/response consultants | $462,898 |
| STEERPIKE PRODUCTIONS LLC Event production | $450,000 |
| TODD EVENT DESIGN Event production | $368,502 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Private foundation grants it received
48 private foundations reported grants to The Foundation for AIDS Research totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Foundation for AIDS Research's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Foundation for AIDS Research, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Foundation for AIDS Research spent in FY2025, $72.32 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Max Planck Florida CorporationJupiter, FL · revenue $34M · programs 93.0% · 2024
- Every CurePhiladelphia, PA · revenue $35M · programs 75.5% · 2025
- Clearwater Valley Hospital and ClinicsOrofino, ID · revenue $33M · programs 80.7% · 2025
- Nrg Oncology FoundationPhiladelphia, PA · revenue $35M · programs 96.8% · FY2025
- The Lieber InstituteBaltimore, MD · revenue $33M · programs 84.5% · FY2025
All medical research charities · Largest charities in New York
Questions people ask
How much of The Foundation for AIDS Research's spending goes to programs?
In the fiscal year ending September 30, 2025, The Foundation for AIDS Research reported that 72.3% of its $33.3 million in expenses went to program services, 8.8% to management and general and 18.9% to fundraising (Form 990, Part IX).
How much does The Foundation for AIDS Research pay its top executive?
The largest total compensation The Foundation for AIDS Research reported for one person in the fiscal year ending September 30, 2025 was $677,567, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Foundation for AIDS Research get its money?
Of $34.8 million in revenue in the fiscal year ending September 30, 2025, 138.5% came from contributions and grants (including 29.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Foundation for AIDS Research a registered charity?
The IRS lists EIN 13-3163817 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632029349300118 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542199349301669 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432199349301603 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202341959349301559 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202241789349300334 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202131799349300738 · read the filing
All filings for EIN 13-3163817: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.