Financial Information
Summary of Income and Expenses
The Morgellons Research Foundation is operated by an all-volunteer, unpaid
Board of Directors and officers. We devote as much funding as we can
to promote our goals of raising awareness of the disease and supporting
scientific research.
Initially, the primary goal of the MRF was to raise public awareness of
Morgellons disease. We needed to take critical steps to inform the
medical and scientific communities, as well as the general public, about the
disease. Therefore our expenditures in 2004 through 2006 were
centered on activities which would promote this goal. With the help of
numerous people with this illness who were willing to speak honestly about
their situation, as well as numerous supportive clinicians, scientists,
and media groups starting with KTVU, this disease was taken from
complete obscurity to the point where it is now being looked at by multiple groups
of scientists as well as U.S. public health agencies.
In 2006 and 2007, our primary focus began shifting to raising money to fund
researchers. As a result of the increased awareness of the disease, in
2006 the foundation began to be contacted by a number of researchers who
were interested in trying to understand this devastating illness. The
MRF has provided start up funding to several research groups, to date.
We have also incurred expenses related to mailing specimens to these
researchers. Unfortunately, research is very expensive and we have
been unable to fully fund any of these researchers.
After receiving formal funding requests from five groups of scientists, the
MRF is concentrating on fundraising to fulfill these requests. We
are currently attempting to raise $250,000 to help support the
proposed work of these dedicated researchers.
The ultimate goal of the MRF is a cure for Morgellons disease.
|
|
2004 |
2005 |
2006 |
|
Contributions |
$326 |
$11,940 |
$29,649 |
|
|
|
|
|
|
Expenses: |
|
|
|
|
Research |
|
|
9,305 |
|
Public Awareness |
|
3,264 |
8,928 |
|
Public Support |
|
|
100 |
|
Administrative |
8 |
580 |
2,450 |
|
Total Expenses |
8 |
3,844 |
20,783 |
|
|
|
|
|
|
Net Revenue |
318 |
8,096 |
8,866 |
|
Savings from prior period |
0 |
318 |
8,414 |
|
Cash at end of year |
$318 |
$8,414 |
$17,280 |