BRIGHTFOCUS FOUNDATION Charity Report

Public IRS 990 nonprofit record

BRIGHTFOCUS FOUNDATION

EIN 23-7337229 · Diseases, Disorders & Medical Disciplines (G00J)

What they do

BRIGHTFOCUS FOUNDATION FUNDS EXCEPTIONAL RESEARCH WORLDWIDE to DEFEAT ALZHEIMERS DISEASE, MACULAR DEGENERATION, and GLAUCOMA and PROVIDES EXPERT INFORMATION ON THESE HEARTBREAKING DISEASES. PLEASE REFER to SCHEDULE O for A COMPLETE OVERVIEW of OUR MISSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

54.91%of revenue went to mission work65.3% of expenses · Program services

21.85%of revenue went to fundraising26.0% of expenses

$84.03spent for every $100 of revenueRevenue covered expenses this year.

7.26%of revenue went to management and office costs8.6% of expenses

$1.22in assets for every $1 spent this yearSome assets cannot be spent right away.

83.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $471,505 for STACY PAGOS HALLER (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$63,423,924

Mission workProgram services$34,827,67954.91% of revenue65.3% of expenses

ManagementOffice and general costs$4,607,4607.26% of revenue8.6% of expenses

FundraisingAsking for donations$13,859,87021.85% of revenue26.0% of expenses

Revenue left after expensesReported annual surplus$10,128,91515.97% of revenueShown in gray on the chart

Total expenses$53,295,00984.03% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 65.3% mission · 8.6% management · 26.0% fundraisingTotal expenses: 84.03% of revenue

2023Expense mix: 62.3% mission · 11.3% management · 26.4% fundraisingTotal expenses: 94.97% of revenue

2022Expense mix: 66.9% mission · 9.6% management · 23.5% fundraisingTotal expenses: 110.51% of revenue

2021Expense mix: 74.3% mission · 7.5% management · 18.2% fundraisingTotal expenses: 106.50% of revenue

2020Expense mix: 76.6% mission · 7.4% management · 16.1% fundraisingTotal expenses: 101.92% of revenue

2019Expense mix: 72.6% mission · 8.6% management · 18.7% fundraisingTotal expenses: 114.59% of revenue

2018Expense mix: 72.3% mission · 8.6% management · 19.1% fundraisingTotal expenses: 95.65% of revenue

2017Expense mix: 70.4% mission · 9.9% management · 19.7% fundraisingTotal expenses: 102.61% of revenue

Money in and money out

Revenue$63,423,924

Expenses$53,295,009

Annual surplus $10,128,915 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$34,827,679 · 65.3% of expenses

Management and office costs$4,607,460 · 8.6% of expenses

Fundraising$13,859,870 · 26.0% of expenses

See all reported dollar amounts

Revenue$63,423,924

Expenses$53,295,009

Assets$65,129,292

Income$89,178,037

Contributions$52,879,488

Mission work (program services)$34,827,679

Fundraising$13,859,870

Grants given$123,299,258

Average grant$212,219

Management and general$4,607,460

Stocks and bonds$32,437,847

Accounting fees$118,544

Investing fees$241,293

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STACY PAGOS HALLERPRESIDENT/CEO · 45 hrs/week $471,505Base $424,828 · Other $46,677

NANCY KEACHSR. VP, STRATEGIC PARTNERSHIPS · 45 hrs/week $321,870Base $270,157 · Other $51,713

R BRIAN ELDERTONSR. VP, DEVELOPMENT · 45 hrs/week $301,369Base $261,323 · Other $40,046

JONATHAN WALSHSVP, FINANCE & ADMINISTRATION · 45 hrs/week $231,037Base $226,786 · Other $4,251

DIANE BOVENKAMP PHDVP, SCIENTIFIC AFFAIRS · 45 hrs/week $220,600Base $196,242 · Other $24,358

SHARYN ROSSI - PHD DIR OFSCIENT. PROGRAMS, NEUROSCIENCE · 40 hrs/week $167,875Base $125,732 · Other $42,143

LISA MORGANSENIOR DIRECTOR, ANNUAL GIVING · 40 hrs/week $157,982Base $135,115 · Other $22,867

PREETI SUBRAMANIAN - PHD DIROF SCIENT. PROGRAMS, VISION SCIENCE · 40 hrs/week $156,331Base $139,931 · Other $16,400

JEFFREY HONAKERSR. MGR. OPS AND BUILDING · 40 hrs/week $149,323Base $115,469 · Other $33,854

KACI BAEZ - VP INTEGRATEDMKTING & COMM. UNTIL 06/24 · 45 hrs/week $119,485Base $110,647 · Other $8,838

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

STACY PAGOS HALLERPRESIDENT/CEO

NANCY KEACHSR. VP, STRATEGIC PARTNERSHIPS

R BRIAN ELDERTONSR. VP, DEVELOPMENT

JONATHAN WALSHSVP, FINANCE & ADMINISTRATION

DIANE BOVENKAMP PHDVP, SCIENTIFIC AFFAIRS

SHARYN ROSSI - PHD DIR OFSCIENT. PROGRAMS, NEUROSCIENCE

LISA MORGANSENIOR DIRECTOR, ANNUAL GIVING

PREETI SUBRAMANIAN - PHD DIROF SCIENT. PROGRAMS, VISION SCIENCE

JEFFREY HONAKERSR. MGR. OPS AND BUILDING

KACI BAEZ - VP INTEGRATEDMKTING & COMM. UNTIL 06/24

TONYA MATTHEWS PHDDIRECTOR

ADAM MYERSDIRECTOR AS OF 04/24

THOMAS F FREDDO OD PHDDIRECTOR UNTIL 06/24, SECRETARY

SHAWNA GOTTLIEBTREASURER

SCOTT KAISER MDSECRETARY UNTIL 06/24, VICE CHAIR

PAUL CAMPBELLDIRECTOR

PATRICIA M STEWARTCHAIR

JOHN PENNDIRECTOR AS OF 03/25

JAN M STOUFFER PHDDIRECTOR

HERBERT L DRAYTON IIIDIRECTOR

DANA GRIFFINDIRECTOR

DALE YOUNGDIRECTOR AS OF 03/25

CECILIA ARRADAZAVICE CHAIR UNTIL 06/24, DIRECTOR

ANN SECLOWDIRECTOR

About this charity

Recognized since: January 1974
Location: 22512 GATEWAY CENTER DR, CLARKSBURG, MD 20871-2005
County: Montgomery
In care of: STACY PAGOS HALLER
Primary officer: STACY PAGOS HALLER, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@brightfocus.org Phone(301) 948-3244

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Diseases, Disorders & Medical Disciplines (G00J)
Grant-giving organization: Yes

BRIGHTFOCUS FOUNDATION

BRIGHTFOCUS FOUNDATION

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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