Alzheimer's Disease Research Foundation
Also known as Cure Alzheimer's Fund
Alzheimer's Disease Research Foundation reported $56.7 million in revenue and $46.2 million in expenses for calendar year 2025. Of every $100 it spent, $92.05 went to program services, $2.85 to management and general costs and $5.10 to fundraising. Its largest source of revenue was contributions and grants: 97.7% of the total. The highest compensation it reported for one person was $531,179 (CEO & DIRECTOR). 19 people received more than $100,000 in reportable compensation. Revenue rose 85% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $46MFor 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
Calendar year 2025 · Form 990, Part VIII · total revenue $57MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.1% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.8% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.1% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.7% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $531,179 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.15% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 19 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 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
2025 · Form 990, Part III · the three largest programs by expenseIn 2025, cure alzheimer's fund supported 161 research projects at 74 leading research institutions, for a total research output of $38.3 million. Projects identified and investigated mechanisms of action of the genes and variants with the biggest impact on risk and timing of alzheimer's disease as potential therapeutic targets. Other standalone projects and multi-lab consortia pursued novel theories and tools to assess potential avenues for prevention and treatment, in particular regarding the role of neuroinflammation, the gut microbiome, and the immune system in healthy brain function.…
Highest reported compensation
2025 · 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 |
|---|---|---|---|---|
| CEO & DIRECTOR Director/trustee, officer, 40.00 hrs/week | $501,560 | $0 | $29,619 | $531,179 |
| EVP DEVELOPMENT Key employee, 40.00 hrs/week | $458,522 | $0 | $31,035 | $489,557 |
| EVP MARKETING & COMM. Key employee, 40.00 hrs/week | $303,031 | $0 | $24,478 | $327,509 |
| VP MARKETING & COMM. Highest compensated employee, 40.00 hrs/week | $217,091 | $0 | $19,494 | $236,585 |
| VP DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $220,918 | $0 | $14,361 | $235,279 |
| CFO Officer, 30.00 hrs/week | $225,192 | $0 | $8,002 | $233,194 |
| SVP, PHILANTHROPIC PARTNERSHIPS Highest compensated employee, 40.00 hrs/week | $213,548 | $0 | $7,462 | $221,010 |
| SR. PHILANTROPIC ADVISOR Highest compensated employee, 40.00 hrs/week | $193,723 | $0 | $26,754 | $220,477 |
19 people received more than $100,000 in reportable compensation from Alzheimer's Disease Research Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · 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–1b11 · 10 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 538
- Volunteers Part I, line 6100
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| PROPER VILLAINS LLC Creative and production services | $130,663 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
186 private foundations reported grants to Alzheimer's Disease Research Foundation totaling $5.1M 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 Alzheimer's Disease Research Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Alzheimer's Disease Research Foundation, you can publish a response that is linked from this page.
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Of every $100 Alzheimer's Disease Research Foundation spent in 2025, $92.05 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Hennepin Healthcare Research InstituteMinneapolis, MN · revenue $55M · programs 92.2% · 2024
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All medical research charities · Largest charities in Massachusetts
Questions people ask
How much of Alzheimer's Disease Research Foundation's spending goes to programs?
In calendar year 2025, Alzheimer's Disease Research Foundation reported that 92.1% of its $46.2 million in expenses went to program services, 2.8% to management and general and 5.1% to fundraising (Form 990, Part IX).
How much does Alzheimer's Disease Research Foundation pay its top executive?
The largest total compensation Alzheimer's Disease Research Foundation reported for one person in calendar year 2025 was $531,179, for the role of CEO & DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Alzheimer's Disease Research Foundation get its money?
Of $56.7 million in revenue in calendar year 2025, 97.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Alzheimer's Disease Research Foundation a registered charity?
The IRS lists EIN 52-2396428 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, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202641319349301469 · read the filing
- 2024: Form 990 for calendar year 2024, object 202531289349302248 · read the filing
- 2023: Form 990 for calendar year 2023, object 202421229349300027 · read the filing
- 2022: Form 990 for calendar year 2022, object 202331259349301933 · read the filing
- 2021: Form 990 for calendar year 2021, object 202241309349304019 · read the filing
- 2020: Form 990 for calendar year 2020, object 202141319349300914 · read the filing
- 2019: Form 990 for calendar year 2019, object 202041559349301614 · read the filing
All filings for EIN 52-2396428: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.