Better Business Bureau

Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Diabetes Research Institute Foundation
Address:	200 South Park Road, Suite 100
	Hollywood, FL 33021
Phone:	954-964-4040 800-321-3437
Web Address:	www.diabetesresearch.org

Diabetes Research Institute Foundation (DRIF) does not meet the following Standard for Charity Accountability.

Standard 19: Cause Related Marketing - Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000). DRIF does not meet this Standard because, in the past year the organization participated in promotions for the sale of consumer goods that indicate that the organization will benefit from these purchases. The promotions, however, did not specify: The actual or anticipated amount of the purchase price that will benefit the organization. The applicable maximum or guaranteed minimum contribution that could/will result from such sales (for example, up to a maximum of $200,000).

Diabetes Research Institute Foundation (DRIF) meets the remaining 19 Standards for Charity Accountability.

DRIF reports that it has funded patient-based studies, as well as international researcher training, that have resulted in more than 500 islet cell transplants performed worldwide. DRIF has also funded pilot projects undertaken by DRI researchers that make use of the newest advancements in technology to protect transplanted insulin-producing cells, such as encapsulation strategies and implantable biohybrid devices. Other funded research areas include stem cell research, tissue engineering, immune tolerance, regenerative medicine, and nanotechnology, among others, to restore biological insulin production. The funding of these islet and other cell-based research projects has led to the submission of scientific protocols to the FDA in order for this platform therapy to become an accepted and standard procedure for reversing the disease. Together with other diabetes advocacy organizations, DRIF has appeared before Congress to request increased funding for diabetes research, and has made recommendations on the future direction of research appropriations. DRIF also hosts informational workshops for people with diabetes and their families, focusing on the latest advances toward a cure and the newest diabetes management techniques. Through its website, www.diabetesresearch.org, DRIF provides “news you can use” and research updates for those living with diabetes and their family members in the form of e-newsletters, videos, email announcements and information via social media.

For the fiscal year ended June 30, 2010, DRIF's program expenses were:

Research	9,498,337
Community diabetes education	657,392
Total Program Expenses:	$10,155,729

Chief Executive : Robert A. Pearlman, President and CEO

Compensation*:

$446,800

Chair of the Board: Thomas D. Stern
Chair's Profession / Business Affiliation: Investment manager

Board Size: 32

Paid Staff Size: 30

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, planned giving, and cause-related marketing.

Fund raising costs were 21% of related contributions. (Related contributions, which totaled $10,143,502, are donations received as a result of fund raising 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 DRIF's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds
Donations	5,243,973
Events	2,470,925
Grants	2,428,604
Investment income	463,319
Bad debt loss	-2,390,257
Total Income	$8,216,564

Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 16%  Administrative: 7%

Total income				$8,216,564
	Program expenses			$10,155,729
	Fund raising expenses			2,157,883
	Administrative expenses			962,590
Total expenses				$13,276,202
Expenses in Excess of Income				(5,059,638)
Beginning net assets				32,680,351
Ending net assets				27,620,713
Total liabilities				1,978,104
Total assets				$29,598,817