Civic Intelligence

The Foundation for AIDS Research

EIN 13-3163817 • 501(c)3 • New York, NY

Profile

SEE SCHEDULE O

120 Wall Street 13th FloorNew York, NY 10005-3908

www.amfar.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.37x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.79x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

10th percentile

-19%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$771,969

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

47th percentile

5.2%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-15%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$53,354,032

Up $2,634,869 (+5.2%) from 2023

Liabilities

Up

$19,540,426

Up $1,190,888 (+6.5%) from 2023

Net Assets

Up

$33,813,606

Up $1,443,981 (+4.5%) from 2023

Revenue

Down

$24,845,796

Down $4,236,911 (-15%) from 2023

Expenses

Down

$29,565,511

Down $4,374,735 (-13%) from 2023

Net Income

Up

-$4,719,715

Up $137,824 (+2.8%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $35,804,429Liabilities 2010: $5,238,663Net Assets 2010: $30,565,7662010Assets 2011: $38,004,315Liabilities 2011: $6,564,234Net Assets 2011: $31,440,0812011Assets 2012: $40,388,195Liabilities 2012: $9,636,091Net Assets 2012: $30,752,1042012Assets 2013: $50,024,337Liabilities 2013: $18,892,314Net Assets 2013: $31,132,0232013Assets 2014: $57,895,971Liabilities 2014: $13,585,624Net Assets 2014: $44,310,3472014Assets 2015: $71,251,093Liabilities 2015: $18,212,471Net Assets 2015: $53,038,6222015Assets 2016: $80,773,661Liabilities 2016: $19,134,481Net Assets 2016: $61,639,1802016Assets 2017: $80,221,720Liabilities 2017: $20,491,474Net Assets 2017: $59,730,2462017Assets 2018: $69,536,136Liabilities 2018: $16,985,457Net Assets 2018: $52,550,6792018Assets 2019: $64,157,103Liabilities 2019: $14,672,542Net Assets 2019: $49,484,5612019Assets 2020: $54,739,518Liabilities 2020: $13,093,624Net Assets 2020: $41,645,8942020Assets 2021: $55,843,595Liabilities 2021: $17,223,316Net Assets 2021: $38,620,2792021Assets 2022: $55,186,037Liabilities 2022: $20,091,685Net Assets 2022: $35,094,3522022Assets 2023: $50,719,163Liabilities 2023: $18,349,538Net Assets 2023: $32,369,6252023Assets 2024: $53,354,032Liabilities 2024: $19,540,426Net Assets 2024: $33,813,6062024

Highlighted filing

2024

Assets$53,354,032
Liabilities$19,540,426
Net Assets$33,813,606

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $23,754,0362010Expenses 2011: $26,110,4132011Revenue 2012: $27,192,308Expenses 2012: $28,702,803Net Income 2012: -$1,510,4952012Revenue 2013: $29,914,632Expenses 2013: $29,258,665Net Income 2013: $655,9672013Revenue 2014: $47,900,115Expenses 2014: $34,393,124Net Income 2014: $13,506,9912014Revenue 2015: $47,731,778Expenses 2015: $37,576,374Net Income 2015: $10,155,4042015Revenue 2016: $48,862,198Expenses 2016: $41,677,308Net Income 2016: $7,184,8902016Revenue 2017: $40,426,572Expenses 2017: $43,247,383Net Income 2017: -$2,820,8112017Revenue 2018: $32,308,076Expenses 2018: $39,036,897Net Income 2018: -$6,728,8212018Revenue 2019: $31,341,390Expenses 2019: $34,972,204Net Income 2019: -$3,630,8142019Revenue 2020: $21,342,510Expenses 2020: $28,841,896Net Income 2020: -$7,499,3862020Revenue 2021: $23,531,459Expenses 2021: $27,671,950Net Income 2021: -$4,140,4912021Revenue 2022: $31,444,145Expenses 2022: $28,004,142Net Income 2022: $3,440,0032022Revenue 2023: $29,082,707Expenses 2023: $33,940,246Net Income 2023: -$4,857,5392023Revenue 2024: $24,845,796Expenses 2024: $29,565,511Net Income 2024: -$4,719,7152024

Highlighted filing

2024

Revenue$24,845,796
Expenses$29,565,511
Net Income-$4,719,715

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$53.4$19.5$33.8$24.8$29.6$4.72
2023Summary only. Only limited summary data is available for this year.$50.7$18.3$32.4$29.1$33.9$4.86
2022Summary only. Only limited summary data is available for this year.$55.2$20.1$35.1$31.4$28.0$3.44
2021Summary only. Only limited summary data is available for this year.$55.8$17.2$38.6$23.5$27.7$4.14
2020Summary only. Only limited summary data is available for this year.$54.7$13.1$41.6$21.3$28.8$7.50
2019Summary only. Only limited summary data is available for this year.$64.2$14.7$49.5$31.3$35.0$3.63
2018Summary only. Only limited summary data is available for this year.$69.5$17.0$52.6$32.3$39.0$6.73
2017Summary only. Only limited summary data is available for this year.$80.2$20.5$59.7$40.4$43.2$2.82
2016Summary only. Only limited summary data is available for this year.$80.8$19.1$61.6$48.9$41.7$7.18
2015Summary only. Only limited summary data is available for this year.$71.3$18.2$53.0$47.7$37.6$10.2
2014Summary only. Only limited summary data is available for this year.$57.9$13.6$44.3$47.9$34.4$13.5
2013Summary only. Only limited summary data is available for this year.$50.0$18.9$31.1$29.9$29.3$0.66
2012Summary only. Only limited summary data is available for this year.$40.4$9.64$30.8$27.2$28.7$1.51
2011Summary only. Only limited summary data is available for this year.$38.0$6.56$31.4$26.1
2010Summary only. Only limited summary data is available for this year.$35.8$5.24$30.6$23.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 7, 2025
Return Version
2023v6.0
Gross Receipts
$49,183,846
Mission and Program Overview

Mission

Amfar is dedicated to ending the global aids epidemic through innovative research. (see schedule o)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,561,440$36,477,231▲ $2,915,791
Accounts Receivable$7,282,525$5,146,670▼ $2,135,855
Land, Buildings, and Equipment, Net$2,278,757$2,062,644▼ $216,113
Cash and Non-Interest-Bearing Accounts$791,311$1,914,515▲ $1,123,204
Prepaid Expenses and Deferred Charges$1,792,963$1,763,416▼ $29,547
Savings and Temporary Cash Investments$635,034$1,128,104▲ $493,070
Inventories for Sale or Use$95,730$92,130▼ $3,600
Pledges and Grants Receivable$81,603$70,732▼ $10,871
Total Assets$50,719,163$53,354,032▲ $2,634,869
Other Assets Total$4,199,800$4,698,590▲ $498,790
Liabilities
Deferred Revenue$5,040,944$6,592,061▲ $1,551,117
Accounts Payable and Accrued Expenses$6,278,878$6,125,286▼ $153,592
Other Liabilities$5,048,985$5,374,174▲ $325,189
Mortgage Notes Payable Secured by Investment Property$1,311,267$1,398,459▲ $87,192
Grants Payable$669,464$32,446▼ $637,018
Escrow Account Liability$0$18,000▲ $18,000
Total Liabilities$18,349,538$19,540,426▲ $1,190,888
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,879,962$31,263,900▲ $1,383,938
Net Assets With Donor Restrictions$2,489,663$2,549,706▲ $60,043
Total Net Assets Fund Balance$32,369,625$33,813,606▲ $1,443,981
Total Liabilities and Net Assets / Fund Balance$50,719,163$53,354,032▲ $2,634,869

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,652,789$2,716,309$4,369,098
Leasehold Improvements$405,173$2,168,605$2,573,778
Equipment$4,682$863,818$868,500
Other Assets Org$18,316--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$744,314$750▲ $84,293-$829,357
2022$702,275$6,450▲ $35,589-$744,314
2021$785,615$4,700▼ $88,040-$702,275
2020$731,736$5,380▲ $48,499-$785,615
2019$701,368$7,933▲ $22,435-$731,736
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin FrostChief Executive OfficerFT$484,713$287,256$771,969
Bradley JensenAssistant Treasurer/CFOFT$296,502$82,342$378,844
Kyle CliffordVice President of DevelopmentFT$259,193$80,355$339,548
Annette SohnVice President, Treat AsiaFT$285,584$29,913$315,497
Anthony AnconaVice President of Human ResourcesFT$213,915$77,150$291,065
Sebastian GheithGeneral Counsel, Asst SecretaryFT$192,039$93,754$285,793
Gregorio MilletVice President, Public PolicyFT$203,864$76,338$280,202
Andrew McinnesDirector, PublicationsFT$192,901$75,386$268,287
James Shakleford Vice PresidentPublic Information, Thru Aug. 2024FT$227,281$30,490$257,771
Bennah SerfatySenior Director of CommunicationsFT$149,250$90,679$239,929
Joseph Ferrera DirectorPhilanthropy, Thru Nov. 2023FT$155,240$84,074$239,314
Christopher FrederickSpecial Events DirectorFT$186,606$39,097$225,703
Ronald KirkAssistant Treasurer, ControllerFT$121,084$16,465$137,549
Rowena JohnstonFormer Asst Sec, VP, ResearchFT$118,492$18,835$137,327

Board Members and Trustees

NameTitle
Kevin McclatchyCo-chair
T Ryan GreenwaltCo-chair
Amy AndelsonTrustee
Anthony MancillaTrustee
Aron MarquezTrustee
Cindy RachofskyTrustee
Glen IsaacsonTrustee
Jeffrey SchoenfeldTrustee
Larry MilsteinTrustee
Mario StevensonTrustee
Merv SilvermanTrustee
Michael LorberTrustee
Vincent a RobertiTrustee
Jay EllisTrustee Thru June 2024
Phill WilsonTrustee Thru March 2024
Robert L Traynham IiSecretary
Donald DyeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rafanelli Events Management INCEvent Management361 NEWBURY STREET 5TH FL, Boston, MA 02115$1,057,785
Aab Productions INCEvent Production64 ALLEN ROAD 5TH FLOOR, New York, NY 10002$376,600
Sanky Communications INCDirect Mail/response Consultants360 W 31ST ST FL 6, New York, NY 10001$350,654
Todd Event DesignEvent Production1174 QUAKER STREET, Dallas, TX 75207$276,893
Art 2 CateringCatering2515 E ROSEMEADE PKWY NO 115, Carrollton, TX 75007$240,465
Revenue and Support

Revenue Composition

Contributions and Grants
$39,707,167
Program Service Revenue
$0
Investment Income
$628,771
Other Revenue
$-15,490,142
All Other Contributions
$7,521,753
Change in Net Assets
$-4,719,715

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory5$160,238Cost
Securities Publicly Traded3$81,403Avg. Selling Price
Total Noncash Contributions8$241,641-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,576,731
Revenue Not Reported on Financial Statements
$269,065
Revenue Not Reported on Form 990
$6,472,788
Other Revenue Adjustments
$81,000
Total Revenue per Audited Statements
$31,049,519
Total Revenue per Form 990
$24,845,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,218,711
Salaries, Compensation, and Employee Benefits$11,595,593
Total Fundraising Expense$6,158,125
Grants and Similar Amounts Paid$4,204,529
Professional Fundraising Fees$546,678

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,708,784$623,672$1,422,922$5,755,378
Foreign Grants$3,451,030--$3,451,030
Current Officers, Directors, Trustees, and Key Employees$1,974,722$398,831$515,249$2,888,802
Other Employee Benefits$1,252,343$347,146$435,366$2,034,855
Occupancy$1,106,565$263,341$376,848$1,746,754
All Other Expenses$294,458$280,569$721,919$1,296,946
Travel$473,220$3,184$754,382$1,230,786
Fees for Services Other$413,603$161,449$488,303$1,063,355
Grants to Domestic Orgs$753,499--$753,499
Fees for Services Professional Fundraising--$546,678$546,678
Payroll Taxes$337,786$68,531$136,296$542,613
Other Expenses$294,391$1,684$195,488$491,563
Depreciation Depletion$289,987$69,011$98,757$457,755
Pension Plan Contributions$246,223$41,815$85,907$373,945
Conferences and Meetings$335,926$8,234$5,921$350,081
Insurance$218,780$52,065$74,507$345,352
Advertising$243,087$3,581$66,700$313,368
Information Technology$141,961$32,572$46,566$221,099
Fees for Service Investment Mgmnt Fees-$188,065-$188,065
Fees for Services Accounting-$143,666-$143,666
Fees for Services Lobbying$100,000--$100,000
Office Expenses$52,028$11,123$34,861$98,012
Interest$55,237$13,145$18,811$87,193
Fees for Services Legal$74,762$1,826$549$77,137
Total Functional Expenses$20,617,150$2,790,236$6,158,125$29,565,511

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$29,605,538
Total Expenses per Form 990$29,565,511
Expenses per Audited Statements$29,296,446
Expenses Not Reported on Form 990$309,092
Expenses Not Reported on Financial Statements$269,065
Other Expense Adjustments$81,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of California San FranciscoSan Francisco, CA501(c)(3)Research$185,970
The Wistar InstitutePhiladelphia, PA501(c)(3)Research$160,410
Johns Hopkins UniversityBaltimore, MD501(c)(3)Treat Asia$142,820
Case Western Reserve UniversityCleveland, OH501(c)(3)Research$69,079
Washington University School of MedicineSt Louis, MO501(c)(3)Research$52,430
Fred Hutchinson Cancer CenterSeattle, WA501(c)(3)Research$40,825
Columbia UniversityNew York, NY501(c)(3)Treat Asia$40,716
University of MiamiCoral Gables, FL501(c)(3)Research$31,250
Compass IncLake Worth, FL501(c)(3)Research$25,000

International Summary

Offices
1
Employees
15
Spending
$16,902,314

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Fundraising ServicesTherapeutics Research, Education, and Aids Training00$11,790,377
East Asia and the PacificGrantmaking-00$2,197,377
East Asia and the PacificProgram Services-115$1,660,907
Europe (including Iceland & Greenland)GrantmakingTherapeutics Research, Education, and Aids Training00$1,007,824
South AsiaGrantmaking-00$193,573
Sub-saharan AfricaGrantmaking-00$52,256
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,898,897
Fundraising Gross Income$1,095,500
Professional Fundraising Fees$546,678
Gaming Gross Income$11,736
Gaming Direct Expenses$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cannes Gala$14,273,670$402,500$5,299,381$-4,896,881
Dallas Two by Two$4,789,920$254,500$1,177,603$-923,103
Total Events$24,921,683$1,095,500$16,898,897$-15,803,397
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Leases$4,848,959
Sec. 457 Retirement Liability$525,215
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the form 990 was circulated to the full board of trustees for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Each officer, director, trustee and key employee of amfar ("foundation") is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the foundation. The foundation monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately.

Form 990, Part VI, Section B, Line 15

Amfar ("foundation for aids research") undertakes a thorough process to ensure that the compensation it pays to its top management official and all of its officers and key employees is reasonable given the market in which the foundation operates. An independent consulting firm qualified in the area of nonprofit compensation prepares an analysis of market compensation ranges by job function and presents it to the compensation committee of the board. Amfar's last independent compensation study was conducted in august of 2020 to ensure that the president & ceo's compensation is reasonable given the market in which the foundation operates. On the basis of this information, staff compensation is determined according to salary ranges approved by the compensation committee of the board, in consultation with the ceo and cfo. Ceo compensation is reviewed and determined annually by the compensation committee of the board utilizing the independent consultant analysis.

Form 990, Part VI, Section C, Line 19

Amfar makes its form 990 available to the public by retaining a copy at its place of business and on its website, www.amfar.org. The form 990 is likewise published on the internet at www.guidestar.org. The foundation's financial statements are made available in its annual report and on its website. The foundation's governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested will be provided at management's discretion.

Filing and Contact Details

Filer

Filer Name
The Foundation for Aids Research
EIN
13-3163817
Phone
2128061600
Address
120 WALL STREET 13TH FLOOR, NEW YORK, NY 10005-3908
Doing Business As
Aids Research Foundation Amfar

Signing Officer

Name
Shawn Davidson
Title
CFO & COO
Phone
2128061600
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Frost
Formed
1983
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
75
Volunteers
14

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Melissa Modelson
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

The foundation for aids research is an international not-for-profit organization incorporated in new york in 1989. Amfar was formed through the unification in 1985 of two not-for-profit organizations, the aids medical foundation ("amf"), incorporated in new york in april 1983, and the national aids research foundation, incorporated in california in august 1985. First based in california, amfar transferred its legal domicile to new york in 1989, using the initial incorporation documents of amf, making it amf's legal successor. Amfar has offices in new york, ny, washington, d.c., and bangkok, thailand. On march 7, 2005, the board of trustees of the american foundation for aids research approved a change in legal name to "the foundation for aids research." on october 18, 2005, the new york state department of state approved this change. In addition, the foundation has secured approval for doing business as (dba) the following: - american foundation for aids research - amfar - aids research foundation amfar is dedicated to ending the global aids epidemic through innovative research. The foundation accomplishes this mission through: - research to explore scientific approaches for preventing, treating, and curing hiv and other infectious disease threats and enhancing the health and survival of people living with hiv; - international initiatives to facilitate the development and implementation of effective research, treatment, prevention, and education strategies in low- and middle-income countries; - public policy analysis and the advocacy of rational and compassionate policies that promote public health and protect the rights of people threatened by hiv/aids; and - public information programs to build awareness of the continued threat hiv/aids poses and to provide up-to-date medical, scientific, and prevention information to people living with hiv/aids, healthcare professionals, and the public.

Form 990, Part III, Line 4A

Arche grants controlling hiv two arche grants funded studies to understand and potentially enhance control of hiv, either as a result of a cure intervention or as a natural occurrence. Studies have shown that for some individuals with art, administering a cocktail of broadly neutralizing antibodies (bnabs) at the time of temporarily stopping artas part of a clinical cure studyimproves control of hiv, though the virus eventually reappears despite absence of detectable levels of art or bnabs. Dr. Rachel rutishauser and a team of co-investigators from the u.s. And denmark, including drs. Steven deeks and michael peluso of the amfar institute for hiv cure research at ucsf, are investigating possible mechanisms that mediate this control. Dr. Xu yu of massachusetts general hospital, received additional arche funding to continue her study aimed at understanding why some people living with hivsuch as loreen willenberg and an argentinian woman known as the esperanza patientare seemingly able to clear replication-competent hiv without the benefit of art or other medical interventions. The additional funding supports high-resolution reservoir evaluations of 66 individuals who have been on art for at least 15 years but who may be controlling hiv naturally, and, most importantly, a clinical study to determine if time and immunity have led to cures like those that occurred in the two women mentioned above. Target grants reducing the hiv reservoir dr. James termini, of the university of miami, is studying anti-hiv bnabs, which can control hiv replication in the absence of antiretrovirals in animal models but have not been shown to eradicate hiv reservoirs. Dr. Termini is investigating if using such antibodies with greatly enhanced ability to promote a form of anti-virus immunity known as adcc, or antibody-dependent cellular cytotoxicity, might overcome this roadblock. Dr. Mary ann checkley-luttge, of case western reserve university, is testing two types of genetically engineered natural killer (nk) cells, or ink cells, to reduce the hiv reservoir. One of these cell types is genetically engineered to include car genes. Car t cells have been highly effective in the treatment of certain types of blood cancers. Combining the ink cells with bnabs, she and her team will assess their potency against hiv reservoirs in test-tube studies. If the researchers see more than a 50% reduction in intact hiv reservoir virus from cells taken from six people living with hiv, the team will consider the next stepin vivo animal and human studies. Dr. Yiming yin, of boston children's hospital, aims to genetically engineer b cells, imbuing them with the ability to target critical portions of the hiv envelope. Dr. Yin is testing a hypothesis that b cells expressing antibodies capable of neutralizing different hiv variants could reduce the size of the hiv reservoir and perhaps even replace antiretroviral therapy. Borrowing from cancer therapies two researchers who received target grants are studying the ability of anti-cancer agents to take advantage of the hiv reservoir's vulnerabilities. Dr. Michael peluso of ucsf is testing the immunity-stimulating ability of a drug used to treat bladder cancer to suppress hiv rebound in people after treatment interruption. And dr. Adam spivak, of the university of utah, salt lake city, is investigating the potential of a leukemia drug for reducing the hiv reservoir by exploiting its ability to block t cell proliferation, a fundamental mechanism of hiv persistence. Mathilde krim fellowships in biomedical research in 2024, amfar awarded two mathilde krim fellowships in the amount of $180,000 each to researchers attempting to close critical knowledge gaps in hiv cure research. Dr. Gabriel duette, of the westmead institute for medical research in westmead, australia, is studying how some people are able to control hiv after repeated strategic treatment interruptions by analyzing if these stop-and-start cycles lead to an increase of cd

Form 990, Part III, Line 4A

How one cure strategy may lead to another published in lancet hiv and co-authored by members of the amfar-established icistem research consortium, a study sought to examine changes in hiv reservoirs and hiv antibody production over more than eight years of follow-up post-stem cell transplant, currently the only strategy that has successfully cured individuals of hiv. Researchers aimed to define mechanisms contributing to decreases in hiv reservoir size even in those who received a normal donor transplant (without the ccr5 mutation associated with a complete cure) and were not cured. Hiv reservoirs in the blood were markedly reduced immediately after achieving full replacement of patient cells with donor cells post-transplant. This occurred regardless of whether the donor had the ccr5 mutation. This decrease was usually followed by decreases in reservoir hiv in bone marrow, lymph node, spinal fluid, and intestines. Levels of anti-hiv antibodies declined much more slowly. So-called "allogeneic immunity"donor immune cell attack on hiv-infected patient cellsappeared to be the main mechanism for reduction in hiv reservoirs after an initial massive decrease in reservoir size related to the large doses of chemotherapy required just prior to the transplant. Creating a cost-effective cure a canadian group led by amfar grantee dr. Eric arts developed a new type of latency reversing agent (lra) called hlpa dead, hiv-like particle that could activate reservoir t cells, thus making them a target. The concept was explored using cells from individuals on art for two to three years who started treatment during acute hiv infection, or shortly thereafter. As hoped, in the test tube hlp induced almost 100-fold greater latency reversal than existing agents. When tested, hlps proved equally effective in individuals who had started treatment later than those in the initial studies, leading to 100 to 1,000-fold more hiv release than previous lras. The researchers speculated that multiple injections of hlp into muscle, like a vaccination, could also boost anti-hiv immune responses. Hlps that could recognize subtypes of hiv found primarily in the west as well as in africa were designed. The authors concluded that hlp serves as both an lra as well as treatment that can boost hiv-1-specific immune responses, suggesting the possibility of a global, cost-effective cure strategy for the future. The study was published in emerging microbes and infections.

FORM 990, PART XI, LINE 9:

Overaccrual of grant expense -296,424. Write off of uncollectible pledges -499.

FORM 990, PART XII, LINE 2C:

The organization has a committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART III, LINE 4:

Amfar solicits artwork for our event auctions artwork may be donated outright, on consignment or sometimes amfar purchases the piece if it can be auctioned with a large enough return. Some are outright donations to be auctioned and some are provided on consignment for the auction.

PART IV, LINE 2B:

The organization holds a security deposit from a subtenant in an escrow account. This deposits is returned once they move out of the space as per lease terms and relevant law.

PART V, LINE 4:

Amfar's endowment fund is intended to fund the various general research programs the organization sponsors.

PART X, LINE 2:

Amfar recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that amfar had no uncertain tax positions that would require financial statement recognition or disclosure. Amfar is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold reported on part viii, line 10b 169.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Reclass of sublease rental income to part viii, line 6a 81,000.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold reported on part viii, line 10b 169. Write off of uncollectible pledges 499. Reclass of overaccrual of grant expenses 296,424.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Reclass of sublease rental income to part viii, line 6a 81,000.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE THRU JUNE 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE THRU MARCH 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASSISTANT TREASURER/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt19GENERAL COUNSEL, ASST SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASSISTANT TREASURER, CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDENT OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDENT, TREAT ASIA
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT, PUBLIC POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt24PUBLIC INFORMATION, THRU AUG. 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE PRESIDENT OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR, PUBLICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt27PHILANTHROPY, THRU NOV. 2023
IRS990/Form990PartVIISectionAGrp/TitleTxt28SPECIAL EVENTS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29SENIOR DIRECTOR OF COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt30FORMER ASST SEC, VP, RESEARCH
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