Cure Alzheimer's Fund Achieves Record-Breaking Fundraising in 2023, Bolstering Global Research Efforts

The Cure Alzheimer's Fund has once again demonstrated its pivotal role in the global fight against Alzheimer's disease by announcing a record-breaking fundraising total of $34.8 million in 2023. This achievement not only represents the 19th consecutive year of growth for the nonprofit but also underscores the increasing public commitment to finding a cure for this debilitating condition. With contributions from over 22,000 donors, the fund was able to allocate $27.8 million to 114 research grants, supporting the work of 147 scientists in 11 countries. This marks the highest number of projects funded in a single year in the organization's history, highlighting the urgent need for continued scientific exploration into Alzheimer's disease.

Meg Smith, CEO of Cure Alzheimer's Fund, emphasized the organization's dedication to transparency and its mission to end the burden of Alzheimer's disease. The organization's efficient use of funds, evidenced by its consistent 4-star rating from Charity Navigator, ensures that 100% of general donations directly support research programs. This financial integrity, coupled with the significant contributions from the organization's Board of Directors, Trustees, and core donors, maximizes the impact of every dollar raised.

The importance of these efforts cannot be overstated, as Alzheimer's disease currently affects 6.9 million Americans, with projections suggesting this number could double by 2050. Despite recent advancements in treatment options for early-stage patients, the lack of disease-altering treatments for the majority of those affected underscores the critical need for ongoing research. Since its inception in 2004, Cure Alzheimer's Fund has contributed $204 million to research initiatives, funding 853 grants to more than 300 leading researchers worldwide. These contributions have been instrumental in advancing our understanding of Alzheimer's disease and paving the way for potential breakthroughs.

The record-breaking fundraising results of 2023 not only reflect the public's growing awareness and support for Alzheimer's research but also highlight the essential role of nonprofit organizations in addressing global health challenges. As the fight against Alzheimer's disease continues, the sustained growth in funding and research support offers hope for future advancements that could change the lives of millions affected by this condition.