Financial Information

2010 Expenses

photo80% of total expenses are invested in mission-related programs.

According to charity watchdog groups, the “the most highly efficient charities are able to spend 75% or more on programs” (charitywatch.org). NephCure operates efficiently by allocating 80 cents of every dollar toward research and educational initiatives.

 





2007-2008 and 2009-2010 Expenses

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With the support of committed patients, families, and volunteers, NephCure has successfully supported more than 25 important research initiatives.

In 2009, NephCure joined the National Institutes of Health (NIH) Office of Rare Disease (ORD) and more than 15 universities in developing a multidisciplinary research and education platform aimed at further studying the primary causes of Nephrotic Syndrome: FSGS, Minimal Change Disease and Membranous Nephropathy. This $10.25 million five year grant ($6.25 million provided by the ORD, $2 million from NephCure and $2 million in-kind from the University of Michigan) will fund NEPTUNE (read more). NephCure accrued the commitment in 2009 and payments on the grant will be paid over five years. This is a substantial commitment and demonstrates NephCure’s dedication to advance the research.