Alzheimer's Drug Discovery Foundation logo

Alzheimer's Drug Discovery Foundation

Public charity · Grantmaker New York, NY EIN: 20-1082179 Website

The Alzheimer’s Drug Discovery Foundation (ADDF) is a public charity based in New York, New York. Founded in 1998, it funds research in academia and the biotech industry to accelerate the development of drugs and diagnostics for Alzheimer’s disease and related dementias.

Key facts about Alzheimer's Drug Discovery Foundation

In short: Alzheimer's Drug Discovery Foundation gave $54.8M across 26 grants in 2024 (avg $2.1M), top state California. 73% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
20-1082179
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$54,800,524
Grants made (2024)
26
Average grant
$2,107,712
Median grant
$694,460
New grantees (estimate)
73% first-time grantees (19 of 26, 2024)
Total assets
$299,394,693
Primary geography
California (38% of itemized 2024 grant dollars)
How to apply
Submit an LOI through the ADDF Funding Portal for a relevant funding opportunity. Full details ↓
Deadline
The Funding Opportunities page lists September 14, 2026, as the LOI deadline for its therapeutics funding programs.

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$299.4M

-7.6% YoY

Annual Giving

$54.8M

+53.6% YoY

Grant Count

26

+0.0% YoY

Avg Grant Size

$2.1M

+53.6% YoY

Is Alzheimer's Drug Discovery Foundation open to new grantees?

73%

first-time grantees, 2024

In 2024, 19 of 26 grantees (73%) were first-time recipients. First grants averaged $2.2M; repeat grants $1.7M. How we count

Medians: $789K first-time, $494K repeat.

  • 12% of 2024 grantees were also funded in 2023. Method
  • Giving grew 56% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

ADDF’s mission is to rapidly accelerate the development of drugs to prevent, treat, and cure Alzheimer’s disease. Its stated scope also includes related dementias, including frontotemporal, vascular, and Lewy body dementias.

ADDF funds academic centers and biotechnology companies worldwide. Its focus areas include IND-enabling studies and early-stage clinical trials; development and validation of plasma, CSF, neuroimaging, and digital biomarkers; and prevention research. Its drug-development program considers novel, repurposed, and repositioned drugs, natural products, and devices. ADDF’s strategy also supports diverse approaches, including small molecules, biologics, gene therapies, and non-pharmacologic devices.

Recipients in 2024 included both research institutions and other organizations. For example, Johns Hopkins University describes its mission as fostering independent research and bringing the benefits of discovery to the world. The Davos Alzheimer’s Collaborative says it works to drive scientific discovery and align health systems, including in low-resource environments.

Grantmaking

In filing year 2024, ADDF reported 26 grants totaling $54,800,524. The grants ranged from $9,992 to $10,016,094, with a median of $694,460. ADDF’s website describes its funding as mission-related investments, which may involve returns tied to scientific or business milestones. It says academic investments typically include a share of potential commercial returns, while biotech investments may use convertible notes, equity, royalties, or milestone agreements.

Review Cycle

The Funding Opportunities page lists September 14, 2026, as the LOI deadline for its therapeutics funding programs.

How to Apply

begins with a letter of intent (LOI) submitted through its funding portal. ADDF’s science team reviews LOIs for fit with its mission and funding priorities. Invited full proposals receive external scientific and business review, followed by further due diligence. LOIs request project information and brief descriptions of the scientific rationale, specific aims or milestones, and supporting data. Applicants may submit one LOI per cycle; biotechnology companies are limited to one LOI and one invited full proposal per cycle. Academic institutions may have multiple applicants submit different projects in a cycle. Therapeutics applicants may resubmit up to twice if they address reviewer concerns. Beginning in 2026, a full proposal must be submitted in the same cycle as its LOI.

Open Grants

7 open opportunities from Alzheimer's Drug Discovery Foundation

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Geographic Focus

Where this funder awards grants

ADDF says it funds academic centers and biotech companies around the world. In 2024, the largest shares of reported grant dollars went to recipients in California (38%), Massachusetts (16%), Missouri (13%), and Texas (11%); New York recipients received 6%.

Grant Distribution by State

24states

Share of 2024 grant dollars across all 26 itemized grants.

Cities

BostonNew YorkCambridgeWashingtonSan DiegoSan FranciscoAmesBethesdaBrooklineSacramentoBaltimoreClevelandRochesterSan FransicoSt. LouisArlingtonAtlantaBerkeleyCantonLas Vegas

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M18 grants2019 24 grants2020 34 grants2021 18 grants2022 26 grants2023 26 grants2024

From 2019 to 2024, annual grant giving ranged from $16.8M (2020) to $54.8M (2024). In 2024 it made 26 grants totaling $54.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Alamar Biosciences: $10.0MAlamar Biosciences$10.0MC2N Diagnostics: $7.0MC2N Diagnostics$7.0MPharmatrophix: $5.6MPharmatrophix$5.6MCoya Therapeutics: $5.0MCoya Therapeutics$5.0MMetro International Biotechedenroc: $5.0MMetro InternationalBiotechedenroc$5.0MModulo Bio Inc: $4.8MModulo Bio Inc$4.8MUniversity of Nevada Las Vegas: $3.2MUniversity of Nevada Las Vegas$3.2MAquinnah Pharmaceuticals: $3.0MAquinnah Pharmaceuticals$3.0MDavos Alzheimers Collaborative: $2.5MDavos Alzheimers Collaborative$2.5MUniversity of Arizona - Health Sciences: $1.8MUniversity of Arizona - HealthSciences$1.8M

The largest 2024 recipient was Alamar Biosciences ($10.0M). Together the top 10 received $48.0M.

Grant Size Distribution

128 grants across all recorded years

14<$50K6$50–100K16$100–250K17$250–500K30$500K–1M37$1–5M8$5M+

The most common grant size was in the $1–5M range: 37 grants of 128 (29%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Alamar Biosciences Fremont, CAAlzheimers Research$10,016,094
C2N Diagnostics St. Louis, MOAlzheimers Research$7,025,121
Pharmatrophix Menlo Park, CAAlzheimers Research$5,609,700
Coya Therapeutics Houston, TXAlzheimers Research$5,000,000
Metro International Biotechedenroc Cambridge, MAAlzheimers Research$5,000,000
Modulo Bio Inc San Diego, CAAlzheimers Research$4,845,794
University of Nevada Las Vegas Las Vegas, NVAlzheimers Research$3,247,762
Aquinnah Pharmaceuticals Cambridge, MAAlzheimers Research$2,999,586
Davos Alzheimers Collaborative Philadelphia, PAAlzheimers Research$2,500,000
University of Arizona - Health Sciences Tucson, AZAlzheimers Research$1,774,201

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $299,394,693 $47,282,987 $88,250,427 $54,800,524 26
2023 $324,173,528 $37,742,020 $61,943,588 $35,675,288 26
2022 $340,253,841 $254,027,105 $36,842,901 $21,272,540 18
Revenue
Expenses
Net Investment Income
$0$100M$200M$300M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$299,394,693$324,173,528$340,253,841
Revenue$47,282,987$37,742,020$254,027,105
Expenses$88,250,427$61,943,588$36,842,901
Net Investment Income$5,534,433$3,119,933$-2,054,312

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS November 16, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS January 14, 2022)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Howard Fillit as founding executive director and chief science officer. It lists the following governors: Adam Hoffman, Alice Shure, Ann Jackson, Bonnie Englebardt Lautenberg, Bonnie Pfeifer Evans, Carol Boulanger, David Weinreb, Gary M. Lauder, and Henrik Zetterberg.

Alzheimer's Drug Discovery Foundation is led by Mark Roithmayr, CEO on every filing since 2019; 8 of 37 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Mark Roithmayr

    CEO

    On filings since 2019

    40 hrs/week

    $153K (2020) → $651K (2024)

  • Howard Fillit MD

    Founding Executive Director & Chief Science Officer

    Founding Executive Director & Chief Science Officer → Founding Executive Director & Chief Sci. Officer, 2023

    Founding Executive Director & Chief Sci. Officer → Founding Executive Director & Chief Science Officer, 2024

    On filings since 2019

    40 hrs/week

    $426K (2019) → $663K (2024)

  • Laura Nisenbaum

    Executive Director & Drug Development

    On filings since 2022

    40 hrs/week

    $430K (2022) → $443K (2024)

  • Leonard A. Lauder

    Co-Chairman & Governor

    Co-Chair & Governor → Co-Chairman & Governor, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ronald S. Lauder

    Co-Chairman & Governor

    Co-Chair & Governor → Co-Chairman & Governor, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Eli Shobin

    Senior Director Dxa

    New on the 2024 filing

    40 hrs/week

    $236K (2024)

  • Karen Harris

    CFO & Head of Mission Related Investment

    CFO & Head of Mission Relate → CFO & Head of Mission, 2023

    CFO & Head of Mission → CFO & Head of Mission Related Investment, 2024

    On filings since 2021

    40 hrs/week

    $110K (2021) → $369K (2024)

  • Jane McIntosh

    Chief External Affairs

    Chief External Affairs & Philanthropy Officer → Chief External Affairs, 2023

    On filings since 2022

    40 hrs/week

    $310K (2022) → $378K (2024)

  • Aaron Burstein

    Head of Search & Evaluation

    On filings since 2023

    40 hrs/week

    $302K (2023) → $314K (2024)

  • Lakita Cavin

    Attorney & Mission-Related

    Attorney & Mission-Related Investments → Attorney & Mission-Related, 2024

    On filings since 2023

    40 hrs/week

    $208K (2023) → $220K (2024)

  • Alice Shure

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bonnie Pfeifer Evans

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Gary M. Lauder

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lanny Edelsohn MD

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • LAURENCE C LEEDS Jr.

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nancy Corzine

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nancy Goodes

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Paula Zahn

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Randal Sandler

    Co-Vice Chairman & Secretary

    Vice Chair & Governor → Co-Vice Chairman, Secretary & Governor, 2022

    Co-Vice Chairman, Secretary & Governor → Co-Vice Chairman & Secretary, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Mohs PhD

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Roberta Diaz Brinton PhD

    Governor

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas F. McWilliams

    Co-Vice Chairman & Treasurer

    Governor → Co-Vice Chairman, Treasurer & Governor, 2022

    Co-Vice Chairman, Treasurer & Governor → Co-Vice Chairman & Treasurer, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • David Weinreb

    Governor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sharon Sager

    Governor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Miia Kivipelto MD PhD

    Governor

    On filings since 2021

    1 hr/week

    No compensation reported

  • Thomas Smith Jr.

    Governor

    On filings since 2021

    1 hr/week

    No compensation reported

  • Adam Hoffman

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Ann Jackson

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Bonnie Englebardt Lautenberg

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Carol Boulanger

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Henrik Zetterberg MD PhD

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Julieann Shanahan CFA

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Laura Steele

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Niranjan Bose PhD

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Philip Scheltens MD PhD

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Rachid Izzar

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Ric Edelman

    Governor

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (21)
  • Former: Robert A. Belfer (2019–2023) — Governor
  • Former: Sandra Day O'Connor (2020–2023) — Honorary Chairman
  • Former: Beatriz Illescas Putzeys-Claugus (2022–2023) — Governor
  • Former: Melvin Goodes (2022–2023) — Honorary Governor
  • Former: Christopher Carlson (2023) — Director, Search & Evaluation
  • Former: Sally Susman (2021–2022) — Honorary Governor
  • Former: Jennifer S. Iselin (2022) — Director & Special Events
  • Former: Marina D'emic (2022) — Director of Finance
  • Former: Sarah Giardina (2022) — Associate Director & Dxa
  • Former: Beatriz Iiiescas (2020–2021) — Governor
  • Former: Mel Goodes (2020–2021) — Governor
  • Former: Shobha Prushothama (2020–2021) — Scientist
  • Former: Giorgio Zeolla (2021) — Director
  • Former: Janie Shissler (2021) — Scientist
  • Former: Mark Forman (2021) — Scientist
  • Former: BRUCE McEWEN PhD (2019–2020) — Governor
  • Former: Kevin Dieterich (2019–2020) — Treasurer
  • Former: Lisa Somar (2019–2020) — Assistant Treasurer & Secretary
  • Former: Lauren Friedman (2020) — Scientist
  • Former: Yuko Hara (2020) — Scientist
  • Former: Steven Marc Paul MD (2019) — Governor

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Howard Fillit MD — Founding Exec. DIR. & Chief Science Off.: $663KHoward Fillit MDFounding Exec. DIR. & Chief…$663KMark Roithmayr — CEO: $651KMark RoithmayrCEO$651KLaura Nisenbaum — Executive Director, Drug Development: $443KLaura NisenbaumExecutive Director, Drug…$443KJane McIntosh — Chief External Affairs: $378KJane McIntoshChief External Affairs$378KKaren Harris — CFO and Head of Mission Related INV: $369KKaren HarrisCFO and Head of Mission Related…$369KAaron Burstein — Head of Search and Evaluation: $314KAaron BursteinHead of Search and Evaluation$314KEli Shobin — Senior Director DXA: $236KEli ShobinSenior Director DXA$236KLakita Cavin — Attorney, Mission-Related: $220KLakita CavinAttorney, Mission-Related$220K

The highest reported compensation on the 2024 filing was $663K, to Howard Fillit MD (Founding Exec. DIR. & Chief Science Off.). 8 officers or directors reported compensation on that filing.

Contact

Mailing address: 57 West 57Th St 904, New York, NY 10019
Phone: (212) 901-8000
Website: https://alzdiscovery.org

Frequently asked questions about Alzheimer's Drug Discovery Foundation

How much does Alzheimer's Drug Discovery Foundation give each year?

Alzheimer's Drug Discovery Foundation gave $54.8M across 26 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $35.7M across 26 grants.

What is Alzheimer's Drug Discovery Foundation's typical grant size?

Alzheimer's Drug Discovery Foundation's median grant in 2024 was $694,460, and its average grant was $2,107,712, across 26 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Alzheimer's Drug Discovery Foundation that year got $2.2M on average.

Where does Alzheimer's Drug Discovery Foundation give grants?

Alzheimer's Drug Discovery Foundation's top state is California, with 38% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Massachusetts (16%) and Missouri (13%). The most frequent recipient cities were New York, NY (3 grants), Cambridge, MA (2 grants) and Washington, DC (2 grants).

Does Alzheimer's Drug Discovery Foundation give general operating support?

Not in 2024: none of the 26 grants with a stated purpose on Alzheimer's Drug Discovery Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Alzheimers Research" (26 grants).

Who are Alzheimer's Drug Discovery Foundation's largest grantees?

Alzheimer's Drug Discovery Foundation's largest 2024 grantees include Alamar Biosciences ($10,016,094), C2N Diagnostics ($7,025,121) and Pharmatrophix ($5,609,700), according to its 2024 IRS Form 990. Together they received 41% of its itemized 2024 grant dollars.

How large is Alzheimer's Drug Discovery Foundation?

Alzheimer's Drug Discovery Foundation reported $299.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $47.3M.

What does Alzheimer's Drug Discovery Foundation fund?

ADDF’s mission is to rapidly accelerate the development of drugs to prevent, treat, and cure Alzheimer’s disease. Its stated scope also includes related dementias, including frontotemporal, vascular, and Lewy body dementias. See mission & focus areas ↑

How do I apply for a grant from Alzheimer's Drug Discovery Foundation?

Submit an LOI through the ADDF Funding Portal for a relevant funding opportunity. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Alzheimer's Drug Discovery Foundation's EIN?

Alzheimer's Drug Discovery Foundation's EIN (Employer Identification Number) is 20-1082179. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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