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Posts tagged ‘Lou Gehrig’s Disease’

21
Apr

Where Does $100 to ALS Go (2018)?

The ALS Association (ALSA) was chugging along raising about $20-25 million a year (with a $20 million endowment) when the Ice Challenge video went viral a few years ago (2014) and brought in $115 million in donations to the organization. But before we talk about what ALS did with the revenue windfall, it is important to know that ALS is a progressive disease that effects nerve cells in the brain and the spinal cord. Motor neurons from the brain reach muscles through the spinal cord. In patients with ALS, the motor neurons die so the brain cannot send communication to the muscles to move, leading to paralysis and death. Read more »

26
Oct

Where Does $100 to the ALS Association Go?

The ALS Association was chugging along raising about $25 million a year when the Ice Challenge video went viral a few years ago and brought in $115 million in donations to the organization. ┬áBefore the windfall, the ALS Association had about $20 million in net fund assets. According to the IRS Form 990 (2016) for the year ending January 31, 2017, the organization now has just over $100 million in net fund assets (they haven’t spent all the donations from the Ice Challenge yet) and raised nearly $31 million (compared to about $25 million the year before) this past year. Read more »