At the end of 2016 Cure Alzheimer’s Fund hit a significant milestone: surpassing $50 million in research funding since its inception 12 years ago. Growing awareness of the disease and the need for research has enabled us to gain momentum, fund more projects and get closer to a cure.
Nonprofit has funded 29 projects this year to help cure Alzheimer's disease, with more grants to come
WELLESLEY, Mass., Sept. 19, 2016 -- Cure Alzheimer's Fund has announced today that the nonprofit has issued more than $6 million in research grants this year to scientists looking to advance our knowledge of Alzheimer's disease or to develop effective therapies to treat or cure it. Since the beginning of the year, the organization has funded 29 projects across the country and around the world, with more grants to come.
Thanks to the generosity of our growing donor base, in 2015 Cure Alzheimer’s Fund reached $10 million in research grants in a single year for the first time. Since our inception, we have provided $38 million to the field’s top scientists to accelerate their pursuit of a cure. We are thrilled with their progress and honored by our donors’ trust in us, but there is still much work to be done.
Cure Alzheimer's Fund is very appreciative of the continuing commitment of Congress and President Obama reaffirmed by the approval of increased funding for Alzheimer's disease research. The additional $350 million for NIH included in the tax and spending bill signed into law is a tremendous step toward the $2 billion a year experts, including members of the Cure Alzheimer's Fund Research Consortium, have said is necessary to effectively treat or prevent Alzheimer's disease by 2025.
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