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Alzheimer's Research Foundation, Fisher Center Organization Name provided in the GuideStar Exchange* as of 11/14/2014: Alzheimer's Research Foundation, Fisher Center

Organization Name as listed in the IRS Business Master File as of 11/10/2014: ZACHARY AND ELIZABETH M FISHER CENTER FOR ALZHEIMERS RESEARCH FDN

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AKA  Fisher Center Alzheimer's Research Foundation
New York, NY
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Alzheimer's Research Foundation, Fisher Center Organization Name provided in the GuideStar Exchange* as of 11/14/2014: Alzheimer's Research Foundation, Fisher Center

Organization Name as listed in the IRS Business Master File as of 11/10/2014: ZACHARY AND ELIZABETH M FISHER CENTER FOR ALZHEIMERS RESEARCH FDN

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: Fisher Center Alzheimer's Research Foundation
Physical Address: New York, NY 10017 
EIN: 13-3859563
Web URL: www.ALZinfo.org 
Blog URL: www.alzinfo.org/blogs 
NTEE Category: G Disease, Disorders, Medical Disciplines
G83 Alzheimer's
H Medical Research
H48 Brain Disorders
H Medical Research
H96 Neurology, Neuroscience
Ruling Year: 1996 


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Mission Statement

The Fisher Center for Alzheimer's Research Foundation is a leading source of funding for Alzheimer's research. We actively raise funds to serve Alzheimer's patients and their families by seeking to understand the causes of, discover a cure for, and improve the lives of people with Alzheimer's disease. We primarily fund the work of Nobel Laureate Dr. Paul Greengard and his team of internationally renowned scientists to find a cure for Alzheimer's disease. They have made recent discoveries that hold great promise for the development of new drugs. We also support the research of Dr. Barry Reisberg at NYU's Medical Center. His 'Clinical Stages of Alzheimer's' is used by physicians around the world. The Foundation educates the public about Alzheimer's disease and care through its website, www. ALZinfo.org and magazine, Preserving Your Memory: the Magazine of Health and Hope. We have been awarded a 4-star rating from Charity Navigator eight times in twelve years, including this year. The Fisher Center for Alzheimer's Research Foundation overhead averages 8% for the last ten years.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

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Annual Revenue & Expenses

(GuideStar Exchange,
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November 2014)

Fiscal Year Starting: January 1, 2013
Fiscal Year Ending: December 31, 2013

Total Revenue $3,352,561
Total Expenses $3,041,247

Revenue & Expenses

(GuideStar Exchange,
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November 2014)

Fiscal Year Starting: January 1, 2013
Fiscal Year Ending: December 31, 2013

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership

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November 2014)

Mr. Kent L. Karosen

Term:

Since May 2009

Profile:

Kent Karosen - President and CEO of the Fisher Center for Alzheimer’s Research Foundation Mr. Karosen is the Managing Director at Cantor Fitzgerald, LP in the office of the Chairman. Karosen brings almost two decades of financial expertise and management experience to the Fisher Center for Alzheimer’s Research Foundation where he has been a board member since 2005. Born in Kansas City, Kent Karosen graduated from Kenyon College with an AB in History and with extensive study in economics.  He presently serves on the Board of Trustees of the Intrepid Museum Foundation and is the Chairman of its Investment Committee.  In May of 2001, Karosen was named an Honorary Commodore in the United States Coast Guard Auxiliary for the 1st Southern Region.

Board Chair (GuideStar Exchange,
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November 2014)

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Board Co-Chair

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November 2014)
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Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in November 2014

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Programs

Program: Alzheimer's Disease Research (GuideStar Exchange,
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November 2014)

Budget:
$2,762,581
Category:
Medical Research
Population Served:
Aging/Elderly/Senior Citizens

Program Description:

The Fisher Center is the largest and most modern facility in the world dedicated to solving the puzzle of Alzheimer's disease. Its coordinated approach combines basic scientific investigation in direct correlation with clinical studies, is designed to encourage crossfertilization of ideas and strategies.

Program Long-Term Success:

Long-term success is defined as finding a cure for Alzheimer's disease.

Program Short-Term Success:

On the road to finding a cure for Alzheimer's disease, the Foundation notes short-term success by Beating Back Beta Amyloid, Improving The Quality Of Life For Alzheimer's Patients, Reversing Nerve Cell Damage, Recruiting Stress Proteins to clean up tangles in the brain, and Curing Early-Onset Alzheimer's.

Program Success Monitored by:

Program success is monitored by the Board of Directors and Medical Advisory Board.

Program Success Examples:

Casein Kinase 1 is a therapeutic target which may be the key to halting the course of Alzheimer’s disease.  The findings show that chemicals that block casein kinase 1 do not interfere with an essential pathway that is often blocked by other experimental anti-amyloid compounds.
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Impact Summary from the Nonprofit

A majority of our funding goes to the Fisher Center for Alzheimer’s Disease Research at The Rockefeller University under the direction of Nobel laureate Dr. Paul Greengard. The Center has provided researchers around the globe with a conceptual framework for understanding the disease process and continues to be at the forefront of one day finding a cure for Alzheimer’s disease. Dr. Greengard collaborates with scientists nationally and internationally to investigate the latest, most promising research available.   The Foundation also supports clinical research at the Fisher Alzheimer’s Disease Education and Resources Program at New York University Langone Medical Center, led by pioneering researcher Dr. Barry Reisberg. Dr. Reisberg created the Clinical Stages of Alzheimer’s used today by physicians and care centers throughout the world. His work is instrumental in the development of pharmacological treatments to help determine FDA approval.   The Fisher Center for Alzheimer's Research Foundation operates one of the Internet’s leading resources for caregivers, family members, and people living with Alzheimer’s disease, ALZinfo.org. In addition, the Foundation publishes Preserving Your Memory: The Magazine of Health and Hope, an award-winning quarterly publication that covers the latest news in Alzheimer’s research and offers patients and their families’ informative and engaging activities for maintaining their well-being and brain health.
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