The Michael J. Fox Foundation Annual Report 2019 + 2020 Milestones + Momentum | Page 58

The Michael J . Fox Foundation for Parkinson ’ s Research

20 Years of Growth : Financial Highlights

At The Michael J . Fox Foundation , we are dedicated to efficiency and accountability . We work hard to maximize every dollar to drive science with the greatest potential to benefit those living with Parkinson ’ s and their families .

Since our inception in 2000 , 88 cents of every dollar we spend goes directly to high-impact research programs — with more than $ 1 billion in research funded to date . Because we believe that donor-raised capital should push forward research today , we deliberately hold no endowment or excessive financial reserves .

56