Multiple Myeloma Research Foundation (MMRF) (Multiple Myeloma)

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Multiple-myeloma-research-foundation-mmrf-multiple-myeloma
Headquarters Location: Norwalk, CT
Founded: 1998


Mission: The MMRF relentlessly pursues innovative means that accelerate the development of next-generation multiple myeloma treatments to extend the lives of patients and lead to a cure.

Tags: cancer, multiple myeloma, treatment, research



Multiple-myeloma-research-foundation-mmrf-multiple-myeloma
Story: As an end-to-end solution to accelerate drug development, we do everything we can to make sure the next generation of treatments is brought to patients as quickly as possible – from bridging drug discovery gaps through our innovative research portfolio… Read the full story.

Expert Reviews: Evidence of Impact
The Multiple Myeloma Research Foundation has consistently funded research that has helped individuals with myeloma and has maintained a strong focus on cures.
See the complete expert review.

Leadership
Multiple-myeloma-research-foundation-mmrf-multiple-myeloma Kathy Giusti. Kathy Giusti is the Founder and Chief Executive Officer of the Multiple Myeloma Research Foundation (MMRF) and the Multiple Myeloma Research Consortium (MMRC). In 1998, following her diagnosis with multiple myeloma, Ms. Giusti founded the MMRF to fund innovative myeloma research and drug discovery. Having raised more than $120 million to date, the MMRF is the world's number one funder… See full bio.


Financial Data
Overhead Ratio:
11.21%
Total Revenue:
$20,730,000


From the Nonprofit
The nonprofit has not added any comments yet. If you are a representative of this nonprofit and would like to leave a comment, please email us at feedback@myphilanthropedia.org with your request.


Contact Info
E-Mail:
info AT themmrf.org
Phone:
203-229-0464
Facebook:
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Address:
383 Main Avenue, 5th Floor
 
Norwalk, CT 6851, USA
Twitter:
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Multiple-myeloma-research-foundation-mmrf-multiple-myeloma Story: As an end-to-end solution to accelerate drug development, we do everything we can to make sure the next generation of treatments is brought to patients as quickly as possible – from bridging drug discovery gaps through our innovative research portfolio and funding early-stage research, to developing novel business solutions that inject speed and efficiency into every step along the drug development pathway. Our model works, and we have the track-record to prove it.

Expert Reviews of Multiple Myeloma Research Foundation (MMRF) (Multiple Myeloma)

Evidence of Impact Summary:

The Multiple Myeloma Research Foundation has consistently funded research that has helped individuals with myeloma and has maintained a strong focus on cures.
See expert comments.

Organization Strengths Summary:

Experts have noted that this organization has been effective because of its skilled marketing techniques and its smart and determined leadership.
See expert comments.

Areas for Improvement Summary:

Some areas of improvement voiced by experts are the organization's funding strategies, its partnerships and its staff hiring and structure.
See expert comments.

Expert Comments: Evidence of Impact

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

Strong Focus on Cures

R
The Multiple Myeloma Research Foundation focuses on cures for myeloma.

Funds Important Research

N
This foundation has raised $150 million+ in 12 years, has changed the paradigm in which myeloma research is done, and is an internationally recognized research non-profit.
O
This group aggressively funds midsized research projects which have a direct impact on how long and well multiple myeloma patients survive.
N
This organization has a truly unique model that has allowed it to fund groundbreaking research on and bring awareness to Multiple Myeloma.

Strong Vision

N
This is an unusual organization led by its founder. It has had a highly focused and aggressive mission for its 15 years of existence driven by the vision of a smart and determined founder.

Innovative

N
MMRF has become a leader in unique funding to bring about significant change for cancer therapy. Their innovation has become a new paradigm for others in the field to strive for.

Technically Accurate

O
Very good quality organization with high standards of technical accuracy.


Expert Comments: Organization Strengths

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

Excellent Leadership and Staff

R
This organization has a strong CEO who is a patient as well. This is a highly visible and flexible organization.
N
The leadership and staff are excellent and have garnered the respect of the cancer community over the years. Kathy has built an organization and a fundraising staff that is world-class.

Strong Partnerships

N
Some strengths of the organization include its leadership, innovation, research focus, and its partnerships with institutions, researchers and the pharmaceutical and biotech industry.

Great Marketing and Outreach

O
Its strengths are its aggressive marketing and fundraising.
N
The volunteer leadership and outreach to the multiple myeloma community are outstanding. Also, the successful integration of many of the key stakeholders in this diagnosis is a strength.


Expert Comments: Areas for Improvement

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

More Checks on Ideas

R
This is a small organization so it may lack proper vetting of ideas.

Stronger Internal Structure

N
They need greater internal staffing structure and culture as well as a succession plan.

Less Emphasis on High Profile Fundraising

O
They put too much emphasis on high profile, expensive gala-type fundraisers.

Less Staff Turnover

N
There has been a great deal of staff turnover because staff often have not shared the commitment to the mission that the founder has. Also, the organization is perceived as heavy handed in implementation of its mission.

Increased Collaborative Efforts

N
They could be more visible and interactive with the broader cancer community. Participation in coalitions of cancer groups that exist could be beneficial to both MMRF as well as other groups who could use what they do as a model to improve their own organizations.


Leadership


Kathy Giusti
CEO
Kathy Giusti is the Founder and Chief Executive Officer of the Multiple Myeloma Research Foundation (MMRF) and the Multiple Myeloma Research Consortium (MMRC). In 1998, following her diagnosis with multiple myeloma, Ms. Giusti founded the MMRF to fund innovative myeloma research and drug discovery. Having raised more than $120 million to date, the MMRF is the world's number one funder of myeloma research. As an extension of the MMRF's mission, Ms. Giusti founded the MMRC in 2004 to enable leading research institutions to work with industry to speed the discovery and development of effective new treatments. Comprising 15 academic institutions across North America, the MMRC is widely recognized for breaking down barriers in tissue banking, data management, genomics, and clinical trials, and is considered an optimal research model to accelerate the development of new therapies. Ms. Giusti received her MBA in general management from Harvard Business School and graduated from the University of Vermont magna cum laude with a Bachelor of Science in Biological Sciences. She began her career in 1980 with Merck & Co., and later joined the Gillette Company. In 1993, she joined G.D. Searle & Co., where she last served as Executive Director of Searle's worldwide arthritis franchise. Ms. Giusti has received several awards for her efforts to advance medical research and accelerate drug development, including the Centennial Medal for Distinguished Public Service from the American Association for Cancer Research, the Partners in Progress Award from the American Society of Clinical Oncology, the Healthcare Businesswomen's Association's Woman of the Year Award, and Harvard Business School Entrepreneurial Award. Her efforts have also been recognized by several notable media outlets, including The Wall Street Journal, The New York Times, The New Yorker, Forbes, The Economist, Time, CNBC, CBS Evening News, and NBC Nightly News. Ms. Giusti has served on numerous boards, including the Institute of Medicine's National Cancer Policy Board and the Cancer Leadership Council. Today, she continues to serve on the National Cancer Advisory Board, an appointment she received in 2003 from President Bush, and is a member of the Board of Directors for IMS Health. She lives in Connecticut with her husband, Paul, and her children, Nicole, who is 16, and David, who is 13.

From the Nonprofit

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