Disease, Disorders, Medical Disciplines

Prize4Life, Inc.

  • Berkeley, CA
  • www.prize4life.org

Mission Statement

Prize4Life is a 501(c)(3) nonprofit organization dedicated to accelerating the discovery of treatments and cures for ALS (amyotrophic lateral sclerosis, also known as Lou Gehrig's disease). Our mission is to accelerate the discovery of treatments and a cure for ALS by using powerful incentives to attract new people and drive innovation.

Main Programs

  1. The ALS Forum
  2. The Pooled Open Access Clinical Trials Database (PRO-ACT)
  3. The $1M Avi Kremer ALS Treatment Prize4Life Challenge
Service Areas

Self-reported

International

Prize4Life works to accelerate the search for a cure to ALS, or Lou Gehrig's disease, which afflicts more than 600,000 people worldwide.

ruling year

2007

Founder and Board Member

Self-reported

Mr. Avichai Kremer

Executive Director since 2014

Self-reported

Dr. Sara Shnider

Keywords

Self-reported

ALS, amyotrophic lateral sclerosis, challenges, prizes, incentives, crowdsourcing, Lou Gehrig's Disease, motor neuron disease, motor neurone disease, MND

Sign in or create an account to view Form(s) 990 for 2014, 2014 and 2013.
Register now

EIN

20-5055664

 Number

7279951006

Physical Address

2081 CENTER ST

BERKELEY, CA 94704

Contact

Cause Area (NTEE Code)

Nerve, Muscle and Bone Diseases (G50)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

The way that Prize4Life operates is unlike any other organization in the field of ALS research, today.  Rather than using a few scientists or researchers, Prize4Life enlists the help of all of them.  We do this by offering cash prizes for solutions to specific problems.  In addition, we provide free resources that are essential for making the necessary advances to find a cure.
 
The first and largest obstacle to developing a
cure was the lack of a biomarker, which is used to track the health of a
particular part of the body.  Without a way to track the progression of ALS
within the nervous system, any sort of clinical testing becomes incredibly
difficult and expensive, which in turn dramatically slows down the
rate at which a cure can be developed.  Prize4Life launched a $1 million
dollar prize for any researcher who could find a biomarker for ALS, and within
five years it was accomplished.  This effectively reduces the cost of all ALS research by as much as 50%
and will allow researchers in this area to make more developments toward a cure
in less time.
 
There are lots of researchers doing quality work to find a cure for ALS, but there has not been a convenient place for them to discuss their findings with others in their field.  Realizing that the ability to instantly access and discuss each others' findings would result in a more efficient use of time, we started the ALS Forum, an online space for just this type of collaboration and dissemination of information.  The forum averages around 2,000 hits per month and has had over 30,000 hits since its inception.  To date, researchers from 110 different countries have taken advantage of it.
 
Another need has been a predictive mouse model.  Since 2010, we have provided over 3,000 mice to more than 20 research teams worldwide.  This has resulted in the development of over 30 different therapeutic approaches and has been estimated to have saved three years for pre-clinical studies.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The ALS Forum

In June 2009, Prize4Life and the Alzheimer Research Forum launched a new ALS-focused internet portal known as the The ALS Forum(http://www.researchals.org/)  (go to:http://www.researchALS.org(http://www.researchals.org/) ). Reaction to the new web portal was swift and positive. The site offers ALS researchers around the world a one-stop access point for cutting edge research news and unique web-based resources.

Category

Diseases, Disorders & Medical Disciplines

Population(s) Served

Physically Disabled nec

Budget

$100,000.00

Program 2

The Pooled Open Access Clinical Trials Database (PRO-ACT)

With the support of the ALS Therapy Alliance, PRO-ACT Database project will design and build an ALS clinical trial database with merges datasets and an underlying searchable data platform. The PRO-ACT Database will be freely available, exclusively for research purposes, to members of the research and development (R&D) community (industry, government, and academe), which will provide the ALS research community with an invaluable resource in the effort to develop treatments and a cure.

Category

None

Population(s) Served

Physically Disabled nec

None

None

Budget

$140,000.00

Program 3

The $1M Avi Kremer ALS Treatment Prize4Life Challenge

Not available

Category

None

Population(s) Served

None

None

None

Budget

Service Areas

Self-reported

International

Prize4Life works to accelerate the search for a cure to ALS, or Lou Gehrig's disease, which afflicts more than 600,000 people worldwide.

Social Media

External Reviews

Source: greatnonprofits.org

The review section is powered by Great Nonprofits

Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

PRIZE4LIFE INC
Fiscal year: Jan 01-Dec 31

Sign in or create an account to view this information

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Get all this now for free
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Operations

The people, governance practices, and partners that make the organization tick.

Prize4Life, Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Founder and Board Member

Mr. Avichai Kremer

Executive Director

Dr. Sara Shnider

BIO

AVICHAI "AVI" KREMER is a co-founder of Prize4Life, Inc. and a member of the Board of Directors of the organization. Kremer was diagnosed with ALS in 2004 and since then he has worked as the CEO of an ALS nonprofit, IsrALS - the Israeli ALS Association, where he raised funds to launch multiple ALS research projects in Israel. He has also worked to promote ALS research at the Harvard Center for Neurodegeneration and Repair and the Massachusetts General Hospital. Before attending Harvard, Kremer was a project manager for Elbit Systems, Ltd. Previously Kremer was a Captain in the Israeli Defense Force. Kremer holds an MBA from the Harvard Business School and his B.A. degree in Computer Science from the Technion Israel Institute of Technology. Kremer was recognized in 2006 with the Harvard Business School's prestigious Dean's Award for making an outstanding contribution to Harvard and society.

Governance

BOARD CHAIR

Dr. Nicole Szlezak, M.D., Ph.D. M.D.

Mckinsey & Company

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?