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Top Rated

Christopher & Dana Reeve Foundation

CharityWatch rating issued
April 2026

Top-Rated Charity
A-
CharityWatch Rating
Our independent rating based
on a number of factors.
 
83%
Program Percentage
Amount spent on programs
relative to overhead.
 
$16
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Christopher & Dana Reeve Foundation
636 Morris Turnpike
Suite 3A
Short Hills, NJ 07078

Other Names

Christopher Reeve Foundation

Tax Status

501(c)3

Stated Mission

Dedicated to curing spinal cord injury by advancing innovative research and improving the quality of life for individuals and families impacted by paralysis.

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Data based on Fiscal Year Ended 06/30/2025

Program Percentage: 83%

The percentage of Christopher & Dana Reeve Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$17,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $16

How many dollars Christopher & Dana Reeve Foundation spends on fundraising to raise each $100 of contributions.

$13,000,000

Calculated Total Contributions

(rounded)

Joint Costs

Christopher & Dana Reeve Foundation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
83% $15
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

25% to 49%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Christopher & Dana Reeve Foundation Consolidated Audited Financial Statements Multiple
Christopher & Dana Reeve Foundation IRS Form 990 22-2939536
Entity: Christopher & Dana Reeve Foundation
Document Type: Consolidated Audited Financial Statements
Tax ID: Multiple
Entity: Christopher & Dana Reeve Foundation
Document Type: IRS Form 990
Tax ID: 22-2939536

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Christopher & Dana Reeve Foundation
meets governance benchmarks.
 
Christopher & Dana Reeve Foundation
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Margaret Goldberg President / CEO $346,983
2 Marco Baptista Chief Scientific Officer $284,934
3 Regina Blye Chief Program and Policy Officer $210,293
1
Name: Margaret Goldberg
Title: President / CEO
Compensation: $346,983
2
Name: Marco Baptista
Title: Chief Scientific Officer
Compensation: $284,934
3
Name: Regina Blye
Title: Chief Program and Policy Officer
Compensation: $210,293

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of Christopher & Dana Reeve Foundation includes the consolidated financial accounts of Christopher & Dana Reeve Foundation and SCI Ventures LLC. All material inter-company transactions have been eliminated in the audit consolidation.


According to the Christopher and Dana Reeve Foundation consolidated audit of June 30, 2025 (Note 1, Nature of the Organization and Summary of Significant Accounting Policies, Nature of the Organization):

"...SCI Ventures LLC ('SCI') is a single member LLC of which CRF is the sole member. SCI was formed solely for charitable purposes to materially accelerate the research and development of new, life changing breakthroughs that have the potential of providing a cure or treatment of spinal cord injury by (i) investing SCI assets in companies and other entities that are developing cures for spinal cord injury, technology with spinal cord potential or treatments that potentially could improve the quality of life for people with paralysis, (ii) attracting donations, and (iii) engaging in any other lawful activities determined by the Board to be necessary or advisable in furtherance of the foregoing activities and all other activities necessary or incidental to the foregoing."


According to the Christopher and Dana Reeve Foundation consolidated audit of June 30, 2025 (Note 8, Related Parties):

"In conjunction with SCI Ventures, LLC certain Organization officers, directors or employees may periodically also participate on the board or advisory committee of the investments held by SCI Ventures, LLC."



According to the Christopher and Dana Reeve Foundation consolidated audit of June 30, 2025 (Note 1, Nature of the Organization and Summary of Significant Accounting Policies, Investments at Cost):

"For certain equity securities without readily determinable fair values and the Organization owns less than 20%, the Organization has elected to measure these investments at cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Management reviews these investments annually for impairment. At June 30, 2025, management has determined that these investments are not impaired. (See Note 4)"


According to the Christopher and Dana Reeve Foundation consolidated audit of June 30, 2025 (Note 4, Investments at Cost):

"The Organization’s investments accounted for on the cost method of accounting as of June 30, 2025, is as follows:" [the following has been formatted for presentation purposes]

Augmental Technologies Inc.: $500,000

Healx Limited: $2,000,000

S.A.S EG427: $524,999

Precision Neuroscience: $999,997

Sania Therapeutics Inc.: $999,999

Axonis: $1,439,997

Total: $6,464,992


According to the Christopher & Dana Reeve Foundation 2025 tax filing: "There is a family relationship between three Board of Directors members" (IRS Form 990, Schedule O re: Form 990, Part VI, Section A, line 2).

The Foundation reports having nineteen voting members on its governing body at the end of fiscal 2025, with all nineteen members being reported as independent (IRS Form 990, Part VI, Section A, lines 1a & 1b).