Brightfocus Foundation
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Funds scientific research to find cures for brain and eye diseases, including Alzheimer's, macular degeneration, and glaucoma. For fiscal year 2025 it reported $63.4M in revenue, $53.3M in expenses, and $37.0M in net assets.Pt I
Summary of the Filing
Where the work happens
Alzheimer's disease research (adr)please refer to schedule o for a complete description of the accomplishments for alzheimer's disease research.
Macular degeneration research (mdr)please refer to schedule o for a complete description of the accomplishments for macular degeneration research.
National glaucoma research (NGR) please refer to schedule o for a complete description of the accomplishments for national glaucoma research.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Stacy Pagos Haller’s $425K as President/CEO is at the 77th percentile of top reported officer pay among 249 $10–100M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stacy Pagos Haller | $424,828 | $410,407 | $440,796 | $435,364 | $371,573 |
| Nancy Keach | $270,157 | — | — | — | — |
| R Brian Elderton | $261,323 | $253,852 | $243,178 | $247,200 | $233,289 |
| Nancy Lynn | — | $261,148 | $250,394 | $246,054 | $239,870 |
| Jonathan Walsh | $226,786 | — | — | — | — |
| Diane Bovenkamp PHD | $196,242 | $190,217 | $182,082 | $179,717 | $174,542 |
| Kaci Baez | — | $172,602 | $121,016 | — | — |
| David F Marks CPA Cma | — | $156,941 | $166,931 | $165,137 | $160,472 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 65% | — | — |
| Overhead ratio | 9% | — | — |
| Fundraising cost ratio | 26% | — | — |
| Revenue growth | 30% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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