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Nonprofiteer
← BUONICONTI FUND TO CURE PARALYSIS INC

Form 990 for tax year 2024

Filed by BUONICONTI FUND TO CURE PARALYSIS INC.

Totals

Total revenue
$6,513,961
Total expenses
$5,110,254
Contributions and grants received
$7,382,487
Grants paid
$3,803,172
Program service revenue
$0
Investment income
$168
Other revenue
-$868,694
Total assets, end of year
$3,797,445
Total liabilities, end of year
$466,396
Net assets or fund balances, end of year
$3,331,049
Program services expenses (Part IX)
$4,609,385
Management and general expenses
$240,461
Fundraising expenses
$260,408
Program service expenses (Part III)
$4,609,385

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $5,479,079

  • 1f · All other contributions, gifts and grants

    $1,903,408

  • 1g · Noncash contributions included above

    $25,296

  • 3 · Investment income

    total $168 · excluded $168

  • 8a · Fundraising events: gross income

    $776,754

  • 8a · Fundraising events: contributions included on line 1c

    $5,479,079

  • 8b · Fundraising events: direct expenses

    $1,720,448

  • 8c · Net income from fundraising events

    total -$943,694 · excluded -$943,694

  • 11a · Other revenue: BAD DEBT RECOVERY

    total $75,000 · excluded $75,000

  • 11e · Other revenue, total

    $75,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,734,000 · program services $3,734,000

  • 2 · Grants to domestic individuals

    total $69,172 · program services $69,172

  • 5 · Compensation of officers, directors and key employees

    total $226,550 · program services $75,388 · management and general $45,310 · fundraising $105,852

  • 7 · Other salaries and wages

    total $63,710 · program services $9,044 · management and general $41,512 · fundraising $13,154

  • 10 · Payroll taxes

    total $22,205 · program services $6,459 · management and general $6,642 · fundraising $9,104

  • 11c · Fees: accounting

    total $52,095 · management and general $52,095

  • 11d · Fees: lobbying

    total $334,000 · program services $334,000

  • 11g · Fees: other

    total $310,809 · program services $229,538 · management and general $21,271 · fundraising $60,000

  • 12 · Advertising and promotion

    total $62,750 · program services $62,750

  • 13 · Office expenses

    total $35,185 · program services $1,954 · management and general $21,925 · fundraising $11,306

  • 17 · Travel

    total $4,306 · program services $4,090 · fundraising $216

  • 23 · Insurance

    total $34,226 · management and general $34,226

  • 24a · Other expenses: PHOTOGRAPHY AND VIDEO

    total $79,139 · program services $79,139

  • 24b · Other expenses: MISCELLANEOUS

    total $46,177 · program services $216 · management and general $4,286 · fundraising $41,675

  • 24c · Other expenses: FOOD AND BEVERAGE

    total $18,691 · program services $3,075 · management and general $5,603 · fundraising $10,013

  • 24d · Other expenses: AWARDS AND GIFTS

    total $9,151 · program services $297 · management and general $716 · fundraising $8,138

  • 24e · All other expenses

    total $8,088 · program services $263 · management and general $6,875 · fundraising $950

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $680,132 · end of year $1,914,323

  • 3 · Pledges and grants receivable

    beginning of year $1,210,107 · end of year $1,689,292

  • 8 · Inventories for sale or use

    beginning of year $92,532 · end of year $77,898

  • 9 · Prepaid expenses and deferred charges

    beginning of year $90,442 · end of year $115,932

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,771 · end of year $12,531

  • 19 · Deferred revenue

    beginning of year $118,100 · end of year $453,865

  • 27 · Net assets without donor restrictions

    beginning of year $1,564,410 · end of year $2,599,863

  • 28 · Net assets with donor restrictions

    beginning of year $362,932 · end of year $731,186

Mission and programs · 2024

Mission

THE MISSION OF THE ORGANIZATION IS TO RAISE MONEY FOR, AND AWARENESS OF, THE MIAMI PROJECT TO CURE PARALYSIS, A CENTER OF EXCELLENCE AT THE UNIVERSITY OF MIAMI IN MIAMI, FLORIDA.

  • THE ORGANIZATION RAISED FUNDS FOR THE MIAMI PROJECT TO CURE PARALYSIS, A RESEARCH CENTER DEDICATED TO DISCOVERING, DEVELOPING, AND ADVANCING TREATMENTS AND CURES FOR NEUROLOGICAL DISEASES AND DISORDERS, INCLUDING TRAUMATIC SPINAL CORD AND BRAIN INJURIES, PERIPHERAL NERVE INJURIES, ALZHEIMER'S DISEASE, PARKINSON'S DISEASE, AMYOTROPHIC LATERAL SCLEROSIS (ALS), MULTIPLE SCLEROSIS, AND STROKE.THE ORGANIZATION EDUCATES THE PUBLIC ABOUT THE GROUNDBREAKING AND INSPIRING RESEARCH CONDUCTED AT THE MIAMI PROJECT TO CURE PARALYSIS AT THE UNIVERSITY OF MIAMI SCHOOL OF MEDICINE THROUGH PERSONAL OUTREACH, PRESENTATIONS TO COMMUNITY AND GOVERNMENTAL ORGANIZATIONS, BY SHARING VIDEOS AND INFORMATION ABOUT THE RESEARCH ON ITS WEBSITE, SOCIAL MEDIA PLATFORMS, AND TRADITIONAL MEDIA OUTLETS.

    Expenses $4,143,464 · Grants $3,734,000

  • THE GOAL OF THIS PROGRAM IS TO ENHANCE THE HEALTH AND WELL-BEING OF INDIVIDUALS LIVING WITH PARALYSIS BY HELPING THEM ACHIEVE GREATER INDEPENDENCE AND MOBILITY. DONATIONS TYPICALLY OCCUR TWO TO THREE TIMES PER YEAR AND ARE COORDINATED WITH PUBLIC EVENTS TO RAISE AWARENESS ABOUT THE CHALLENGES FACED BY THOSE LIVING WITH PARALYSIS AND TO DEMONSTRATE HOW TECHNOLOGY CAN DRAMATICALLY IMPROVE A PERSON'S QUALITY OF LIFE AND LEVEL OF MOBILITY. QUALIFIED APPLICANTS, WHO MUST PROVIDE DOCUMENTATION OF MEDICAL AND FINANCIAL NEED, RECEIVE CUSTOMIZED WHEELCHAIRS DESIGNED TO MEET THEIR SPECIFIC REQUIREMENTS. DURING THE CURRENT YEAR, THREE WHEELCHAIRS WERE PROVIDED THROUGH THIS PROGRAM.

    Expenses $69,171 · Grants $69,171

  • THE ORGANIZATION ALSO HIRED LOBBYISTS TO ADVOCATE BEFORE THE STATE OF FLORIDA AND FEDERAL LEGISLATURES FOR INCREASED FUNDING FOR SPINAL CORD AND BRAIN INJURY RESEARCH, AS WELL AS FOR RESEARCH ON OTHER NEURODEGENERATIVE DISEASES SUCH AS ALS AND ALZHEIMER'S DISEASE.

    Expenses $334,000

  • PUBLIC RELATION FIRM WAS ENGAGED TO ENHANCE AWARENESS AND SUPPORT OF THE ORGANIZATIONS MISSIONS AND PROGRAMS.

    Expenses $62,750

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marc A Buoniconti

    PRESIDENT

    Total calculated
    $324,208
    From this org
    $125,000
    From related orgs
    $199,208
    Other
    $0
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $125,000 + $199,208 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $125,000 + $199,208 related
  • Stephanie Sayfie Aagaard

    DIRECTOR

    Total calculated
    $414,279
    From this org
    $79,000
    From related orgs
    $306,370
    Other
    $28,909
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $79,000 + $306,370 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $28,909 related
    Filer's total
    $79,000 + $335,279 related
  • W Dalton Dietrich PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Victoria Ranger Nunez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Diana Morrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Keith Misner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Reed Mack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Alland Levi MD PhD Facs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Matthew Whitman Lazenby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Barth A Green MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Richard Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Tim Gannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Thomas J Vigorito

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marko Dimitrijevic

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Raymond G Chambers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Mark F Dalton

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Harry Carson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Adam E Carlin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Nicholas A Buoniconti III

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • David J Barrett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Robert Bantle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Nick Arison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Richard Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Richard S Aldrich Jr

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Gary Abramson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Daniel Schleifman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • J Scott Thompson

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • James Ferraro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Diana C Berning

    ASSISTANT SECRETARY & TREASURER

    Total calculated
    $145,738
    From this org
    $41,100
    From related orgs
    $91,701
    Other
    $12,937
    Hours/week
    30

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
4 March 2026
IRS schema version
2024v5.5
Source object
202630659349300408

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