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Tax Status Governance Fund Raising Financial

Name:	Foundation for AIDS Research
Address:	120 Wall Street, 13th Floor
	New York, NY 10005-3908
Phone:	212-806-1600 800-392-6327
Web Address:	www.amfar.org
Also known as: amfAR, AIDS Research Foundation

Foundation for AIDS Research (amFAR) meets the 20 Standards for Charity Accountability.

amfAR supports research projects that explore approaches to untested hypotheses in all areas of research on HIV/AIDS, funding goal-oriented studies that often lack the preliminary data required for support from other grant-makers. amfAR identifies gaps in HIV/AIDS knowledge and provides funds that enable grantees and fellows to test the merits of new concepts or technologies that subsequently can be validated through large-scale studies. amfAR’s fellowships provide young investigators the opportunity to conduct original investigations under the guidance of experienced scientists and help ensure the long-term vitality of AIDS research. amfAR’s TREAT Asia (Therapeutics Research, Education, and AIDS Training in Asia) program is a network of clinics, hospitals, and research institutions working with civil society to ensure the safe and effective delivery of HIV/AIDS treatments throughout Asia and the Pacific. A second international program, the MSM Initiative, provides financial and technical support to community organizations working to reduce the spread and impact of HIV among men who have sex with men (MSM) in low- and middle-income countries. The organization's Public Policy program is engaged in efforts to secure necessary increases in funding for HIV/AIDS research, including vaccine, microbicide and cure-focused research; implementing an evidence-based, national HIV prevention strategy; expanding access to care and treatment; and protecting the civil rights of all people affected by HIV/AIDS. amfAR also publishes educational materials, maintains a website, and engages public figures, HIV/AIDS scientists, and policy makers in diverse efforts to communicate the need for continued research to develop new methods of prevention and treatment, and ultimately a cure. Some ($542,609 or 12%) of amfAR’s public policy and education and information programs are conducted in conjunction with informational materials that include fund raising appeals.

For the fiscal year ended September 30, 2010, amFAR's program expenses were:

Research	6,365,071
TREAT Asia	5,480,584
Public information	2,445,829
MSM Initiative	1,863,143
Public policy	1,569,505
Total Program Expenses:	$17,724,132

Chief Executive : Kevin Robert Frost, Chief Executive Officer

Compensation*:

$326,317

Chair of the Board: Kenneth Cole
Chair's Profession / Business Affiliation: Chairman, Kenneth Cole Productions

Board Size: 18

Paid Staff Size: 88

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

Method(s) Used:

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

Fund raising costs were 17% of related contributions. (Related contributions, which totaled $24,984,438, are donations received as a result of fund raising activities.)

amfAR incurred joint costs of $1,019,556 for informational materials and activities that included fund raising materials. Of those costs $644,978 was allocated to fund raising expenses and $374,578 was allocated to program expenses.

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 amfAR's audited financial statements for the fiscal year ended September 30, 2010.

Source of Funds
Special events (net)	9,951,810
Public support	6,531,572
Government funding	5,959,900
Planned giving	2,541,156
Investment income	990,202
Change in value of beneficial interest in third party trust	243,280
Other revenue	26,136
Total Income	$26,244,056

Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 18%  Administrative: 8%

Total income				$26,244,056
	Program expenses			$17,724,132
	Fund raising expenses			4,232,300
	Administrative expenses			1,955,217
Total expenses				$23,911,649
Income in Excess of Expenses				2,332,407
Beginning net assets				28,233,359
Ending net assets				30,565,766
Total liabilities				5,238,663
Total assets				$35,804,429

Note: For the fiscal year ended September 30, 2010, amfAR received in-kind income of $157,613 for services ($146,000), postage and shipping ($6,000), and meeting expenses ($5,613).