
In 2005, we received over 100 proposals, but were only able to support about 10% of them. In our effort to create innovative approaches to philanthropy, we developed a hybrid investment vehicle that provides individuals the opportunity to contribute to a separate
Fund for Alzheimer’s Drug Discovery within the ADDF, which is structured and managed like a for-profit venture fund. Contributors to the Fund can designate a 501(c)(3) organization to receive a pro rata return on investment, if and when grant-funded scientists achieve contractual milestones.
For more information, contact Dr. Fillit at 212-935-2402 or
HFillit@alzdiscovery.org.