CharityWatch's rating of The Michael J. Fox Foundation for Parkinson's Research also includes the financial activities of The Michael J. Fox Foundation for Parkinson's Research in Canada, which are consolidated in the Foundation's audited financial statements for the year ended December 31, 2024. All significant intercompany accounts and transactions have been eliminated in the audit consolidation. |
According to The Michael J. Fox Foundation for Parkinson's Research consolidated audit of December 31, 2024 (Note L, Concentration of Revenue): "During 2024 approximately 63% of the Foundation's total support and revenue was provided by three donors..." |
According to The Michael J. Fox Foundation for Parkinson's Research 2024 tax filing, the Foundation reports re: Compensation, Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (IRS Form 990, Schedule J, Part II): The Foundation reports providing "bonus & incentive compensation" payments to ten individuals during 2024. Deborah W. Brooks, Co-founder and CEO, received $690,000 of bonus and incentive compensation, with total reported compensation of $1,524,299. The remaining nine individuals received between $85,000 and $535,000, with total reported compensation ranging from $257,163 to $1,263,822. |