American Foundation for AIDS Research Again Named One of America's 100 Best Charities by Worth Magazine.Business Editors/Health/Medical Writers NEW YORK--(BUSINESS WIRE)--Dec. 13, 2002 For the second consecutive year, the American Foundation for AIDS Research (amfAR) was named one of "America's 100 Best Charities" by Worth magazine. There are over 850,000 nonprofits in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ,and amfAR was one of only 13 national health organizations that Worth ultimately selected as most deserving of philanthropic phil·an·throp·ic also phil·an·throp·i·cal adj. 1. Of, relating to, or marked by philanthropy; humanitarian. 2. Organized to provide humanitarian or charitable assistance: support in its article "To Give Well, Give Wisely." "We are honored to be included in Worth magazine's annual '100 Best Charities' issue for the second year in a row," said amfAR's Chief Executive Officer, Jerome J. Radwin. "I believe this distinction reflects our dedication to fostering and championing innovation in the foundation's programs to fight HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome ." In its December 2002 issue, Worth reports: "Since 1985, amfAR has funded AIDS research. Its grantees have made major breakthroughs, including synthesizing the precursor to T-20 (also known as Fuzeon), a drug likely to win FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approval soon. Current research projects include identifying new treatment options for patients who have developed a resistance to existing drugs and developing vaccines and microbicides. Asia is expected to be the next epicenter ep·i·cen·ter n. 1. The point of the earth's surface directly above the focus of an earthquake. 2. A focal point: stood at the epicenter of the international crisis. of AIDS, and amfAR is pushing for improvements in the health care infrastructure there and in medical providers' knowledge about AIDS. The new amfAR Global Link report, the first international compendium com·pen·di·um n. pl. com·pen·di·ums or com·pen·di·a 1. A short, complete summary; an abstract. 2. A list or collection of various items. of HIV/AIDS clinical trials, is available online." "We hope that Worth's examination and findings about our organization will encourage others to support amfAR in its lifesaving mission," said amfAR CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jerome J. Radwin. In compiling this year's list, Worth set out to find 100 nonprofits that have shown the greatest efficiency and effectiveness in advancing their missions and to see how those groups spend the money invested in them. The magazine reports: "(W)e are confident that the charities on this list will spend your money wisely and will do their best to change some of the grim facts of today's world that we all face." The American Foundation for AIDS Research (amfAR) is the nation's leading nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. dedicated to the support of AIDS research, AIDS prevention, treatment education, and the advocacy of sound AIDS-related public policy. Since 1985, amfAR has invested nearly $190 million in support for its programs and awarded grants to over 1,900 research teams worldwide. |
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