2025-10-29T10:34:03-05:00 2024-12-31 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2024-01-01 582033460 ELTON JOHN AIDS FOUNDATION INC ELTO 2122190670 584 BROADWAY SUITE 1006 NEW YORK NY 10012 ANNE ASLETT CHIEF EXECUTIVE OFFICER 2122190670 2025-10-29 1 1 CANDICE METH P01306891 2129498700 2024 2025-03-06 01:10:19Z ANNE ASLETT 584 BROADWAY SUITE 1006 NY NY 10012 84164426 0 X WWW.ELTONJOHNAIDSFOUNDATION.ORG X 1992 GA TO BE A POWERFUL FORCE TO END THE AIDS EPIDEMIC AND THE STIGMA THAT SURROUNDS HIV/AIDS. 6 5 16 0 0 0 21038793 19104639 0 0 589863 1200917 -9717 -6882 21618939 20298674 16422921 13486898 0 0 1815276 2273371 645046 534268 1933962 3283379 3701076 22166622 19995613 -547683 303061 36322605 37404917 20582311 21354740 15740294 16050177 X ESTABLISHED IN 1992, THE FOUNDATION IS ONE OF THE LEADING INDEPENDENT AIDS ORGANIZATIONS IN THE WORLD. WITH THE MOBILIZATION OF OUR SUPPORTERS AND PARTNERS, WE FUND LOCAL EXPERTS ACROSS FOUR CONTINENTS TO PROVIDE CARE AS WELL AS SUPPORTING GOVERNMENTS TO END AIDS. 0 0 17528743 13486898 THE ELTON JOHN AIDS FOUNDATION IS ONE OF THE TOP 5 PHILANTHROPIC FUNDERS OF HIV/AIDS GRANTS WORLDWIDE. SINCE OUR FOUNDING, WE HAVE RAISED MORE THAN $636 MILLION TO SUPPORT OVER 3,192 PROJECTS IN 102 COUNTRIES TO END AIDS. IN 2024, OUR U.S. AND U.K. ENTITIES TOGETHER FUNDED $21,448,088 OF NEW GRANTS, ALMOST MATCHING OUR RECORD OF $21,647,822 IN 2023. THE U.S. ENTITY ALONE AWARDED $13,486,898 OF GRANTS AND SPENT $17,528,743 ON PROGRAM SERVICES, 88% OF TOTAL EXPENSES. SEE SCHEDULE O FOR CONTINUATION. 17528743 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 42 0 1 16 1 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MA MD MI MN MS NH NJ NM NY NC OR PA RI SC TN VA WI WV X X ANNE ASLETT 2122190670 584 BROADWAY SUITE 1006 NEW YORK NY 10012 ANNE ASLETT CHIEF EXECUTIVE OFFICER 21.00 21.00 X X 0 370713 40441 DAVID FURNISH CHAIR 1.00 1.00 X X 0 0 0 JARED CRANNEY SECRETARY 1.00 1.00 X X 0 0 0 TRACY BLACKWELL TO 112024 TREASURER 1.00 1.00 X X 0 0 0 PAUL BUCCIERI DIRECTOR 1.00 1.00 X 0 0 0 JAMIE COOPER DIRECTOR 1.00 1.00 X 0 0 0 THOMAS MOORE DIRECTOR 1.00 1.00 X 0 0 0 LUCRETIA GILBERT CHIEF PHILANTHROPY OFFICER 32.00 8.00 X 330516 0 47458 FIONA RUSSELL TO 52024 CHIEF FINANCIAL & OPERATIONS 20.00 20.00 X 0 110578 30592 RACHEL PARR AS OF 82024 CHIEF OPERATING OFFICER 20.00 20.00 X 0 67074 0 ANNE SCOTT CHIEF DEVELOPMENT & IMPACT OFFICER 20.00 20.00 X 245256 0 84 NOELLE ESQUIRE BREAKTHROUGH PROGRAM MANAGER 40.00 0.00 X 145054 0 28637 EMILY POZNANSKI ASSOC DIRECTOR OF DEVELOPMENT 32.00 8.00 X 141333 0 28416 LINDSAY HAYDEN GRANTS PORTFOLIO MANAGER 40.00 0.00 X 127981 0 26807 CAITLIN WILLIAMS PHILANTHROPY OFFICER 32.00 8.00 X 150295 0 35865 MARY PAVLU ASSOC DIRECTOR OF COMMUNICATIONS 20.00 20.00 X 114458 0 26775 1254893 548365 265075 7 0 1 0 GEAR TECH SYSTEMS INC 8775 SOUTH JONES BOULEVARD SUITE 1 LAS VEGAS NV 89139 PRODUCTION 515958 CRUMBLE INC 1421 S BURNSIDE AVENUE LOS ANGELES CA 90019 CATERING 452447 TOWN COUNTRY EVENT RENTALS INC 7725 AIRPORT BUSINESS PKWY VAN NUYS CA 91406 EVENT SUPPLIES 448498 ANTHONY TODD INC 3280 FRANKLIN AVENUE MILLBROOK NY 12545 PRODUCTION 417975 ORR GROUP INC 3000 K STREET NW SUITE E280 WASHINGTON DC 20007 CONSULTING 303200 20 7908666 446959 10749014 99988 19104639 1202047 1202047 61004558 61005688 -1130 -1130 -1130 2860064 7908666 2860064 0 LOSS ON CURRENCY EXCHANGE 900099 -6882 -6882 -6882 20298674 0 0 1194035 5977299 5977299 7509599 7509599 623306 491015 132291 1227221 985439 8462 233320 63713 52536 495 10682 223538 173575 2436 47527 135593 109130 884 25579 4352 2585 720 1047 125827 107294 15885 2648 534268 534268 22317 22317 1345381 1077551 167075 100755 868920 709210 79607 80103 70399 40995 11260 18144 207492 92764 105755 8973 119808 32348 62300 25160 161933 128442 10904 22587 175 149 26 19916 4374 15207 335 67552 33640 29601 4311 EVENT STAFFING & MGT 421658 421658 OTHER DIRECT EVENT COST 192990 192990 EVENT STAGING, ETC. 39565 39565 CATERING 19057 19057 13734 798 12936 19995613 17528743 532908 1933962 580866 88719 2805625 6467531 10550482 10163893 468397 536478 186735 181237 25414 5498 19924199 18946330 1967622 1196468 36322605 37404917 679008 714440 18111503 18782162 1791800 1858138 20582311 21354740 X 5835287 5896389 9905007 10153788 15740294 16050177 36322605 37404917 X 303061 240 6582 X 0 1 X 1 0 X 10638456 8428487 29074072 21038793 19104639 88284447 10638456 8428487 29074072 21038793 19104639 88284447 22037651 66246796 189117 109816 155175 600919 1202047 2257074 -382 -6199 -6220 -9717 -6882 -29400 90512121 0.73190 0.76450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LOSS ON CURRENCY EXCHANGE - 2020 AMOUNT: $ -382. 2021 AMOUNT: $ -6,199. 2022 AMOUNT: $ -6,220. 2023 AMOUNT: $ -9,717. 2024 AMOUNT: $ -6,882. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186735 181237 5498 5498 X 21273436 240 996839 997079 20276357 22317 22317 20298674 20963553 996839 33000 1029839 19933714 22317 39582 61899 19995613 PART X, LINE 2: THE FOUNDATION IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR POTENTIAL UNCERTAINTY IN INCOME-TAX OBLIGATIONS. BECAUSE OF THE FOUNDATION'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE AMOUNTS 33,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT AWARD REFUNDS/WRITE-OFFS 39,582. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING 2999931 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTMAKING 3042424 NORTH AMERICA 0 0 GRANTMAKING 496940 SOUTH ASIA 0 0 GRANTMAKING 488611 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTMAKING 457430 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 PROGRAM SERVICES PROGRAM CONSULTING 266042 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PROGRAM CONSULTING 120644 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES GRANT AUDIT COSTS 84697 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGAM SERVICES PROGRAM CONSULTING 34186 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES VIDEO PRODUCTION 19940 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES PROGRAM CONSULTING 15133 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES INFORMATION TECHNOLOGY SERVICES 16462 0 0 0 0 0 0 7956719 85721 8042440 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 2000000 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 851205 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 498037 WIRE 0 NORTH AMERICA PROGRAM SUPPORT 496940 WIRE 0 SOUTH ASIA PROGRAM SUPPORT 488611 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 484107 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 451430 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 372850 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 360060 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 335620 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 330079 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 250205 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 218957 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 125885 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 38523 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 25000 WIRE 0 EAST ASIA AND THE PACIFIC PROGRAM SUPPORT 6000 WIRE 0 SUB-SAHARAN AFRICA PROGRAM SUPPORT 115545 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 16609 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) PROGRAM SUPPORT 19673 WIRE 0 17 0 0 0 0 0 0 PART I, LINE 2: DUE DILIGENCE IS UNDERTAKEN FOR ALL POTENTIAL GRANTEES PRIOR TO FUNDS BEING AWARDED. THE DUE DILIGENCE COVERS FINANCIAL SECURITY AND CAPABILITY, GOVERNANCE AND THE COST-BENEFIT OF THE FUNDS TO BE AWARDED. ONCE FUNDS ARE AWARDED, GRANTEES ARE REQUIRED TO REPORT QUARTERLY ON SPEND AND IMPACT. IMPACT IS EVALUATED AND DISCUSSIONS ARE HELD IF THIS VARIES SIGNIFICANTLY FROM EXPECTED IMPACT. GRANTS ARE PAID IN TRANCHES AND ONLY WHEN PREVIOUS TRANCHES ARE SPENT. ANNUALLY, ELTON JOHN AIDS FOUNDATION HIRES THIRD-PARTY AUDITORS TO INDEPENDENTLY REVIEW SELECTED GRANTS TO ENSURE THAT THE SPEND AND IMPACT REPORTED IS SUPPORTED BY EVIDENCE. PART I, LINE 3: AMOUNTS ARE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING. PART I AND PART II, LINE 3 THE FOUNDATION AWARDED GRANTS IN RESPONSE TO THE ONGOING WAR IN UKRAINE AND THE INCREASED BURDENS ON THE HEALTH SYSTEM TO BOLSTER AND SUSTAIN THE HIV/AIDS RESPONSE DURING THIS CRISIS. UKRAINE IS INCLUDED IN THE REGION DEFINED BY THE INTERNAL REVENUE SERVICE AS "RUSSIA AND NEIGHBORING STATES." X X X X X 1 ORR GROUP 3000 K STREET E280 WASHINGTON DC 20007 FUND RAISING COUNSEL 0 1420140 303200 1116940 WEINSTEIN CARNEGIE PHILANTHROPIC GROUP 207 FRONT STREET NEW YORK NY 10038 FUND RAISING COUNSEL 0 1116980 114702 1002278 STAGECOACH DIGITAL LLC 1631 NE BROADWAY 346 PORTLAND OR 97232 FUND RAISING COUNSEL 0 88106 116366 -28260 2625226 534268 2090958 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY AAVP 10768730 7908666 2860064 2139256 473971 89996 156841 10768730 7908666 2860064 2139256 473971 89996 156841 2860064 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) OUTSOURCED DEVELOPMENT SUPPORT, INCLUDING LEADERSHIP, FUNDRAISING MANAGEMENT, SYSTEMS SUPPORT, CAMPAIGN PLANNING AND IMPLEMENTATION. COMPENSATION IS PAID BASED ON CONTRACT FEE AMOUNT AND REIMBURSEMENT OF OUT OF POCKET EXPENSES. FORM 990, SCHEDULE G, EVENT 1 ACADEMY AWARDS VIEWING PARTY ("AAVP") 1 AIDS UNITED 1634 EYE STREET NW SUITE 1100 WASHINGTON DC 20006 521706646 501(C)(3) 10000 0 GENERAL SUPPORT BUILDING HEALTHY ONLINE COMMUNITIES 5601 VAN FLEET AVENUE RICHMOND CA 94804 871818608 501(C)(3) 52733 0 GENERAL SUPPORT CENTER FOR HIV LAW AND POLICY 121 AVENUE OF THE AMERICAS 6TH FL NEW YORK NY 10013 020590588 501(C)(3) 503592 0 GENERAL SUPPORT CLINTON HEALTH ACCESS INITIATIVE 383 DORCHESTER AVENUE SUITE 400 BOSTON MA 02127 271414646 501(C)(3) 12745 0 GENERAL SUPPORT EQUALITY FOUNDATION OF GEORGIA 1530 DEKALB AVENUE NE SUITE A ATLANTA GA 30307 582346744 501(C)(3) 5695 0 GENERAL SUPPORT FRIENDS OF THE GLOBAL FIGHT AGAINST AIDS TB AND MALARIA 1634 EYE STREET NW SUITE 1100 WASHINGTON DC 20006 300220874 501(C)(3) 45000 0 GENERAL SUPPORT FUNDERS CONCERNED ABOUT AIDS 1802 VERNON STREET NW WASHINGTON DC 20009 133869632 501(C)(3) 11000 0 GENERAL SUPPORT GEORGIA HARM REDUCTION COALITION 1231 JOSEPH E BOONE BLVD ATLANTA GA 30314 582227958 501(C)(3) 8737 0 GENERAL SUPPORT GLOBAL BLACK GAY MEN CONNECT 34 WEST 139TH STREET NEW YORK NY 10037 842976165 501(C)(3) 25000 0 GENERAL SUPPORT GLOBAL PHILANTHROPY PROJECT 407 E AYRE ST 1049 WILMINGTON DE 19804 920399631 501(C)(3) 239798 0 GENERAL SUPPORT MPACT (THE GLOBAL FORUM ON MSM) 436 14TH STREET OAKLAND CA 94612 471065461 501(C)(3) 606674 0 GENERAL SUPPORT NATIONAL MINORITY AIDS COUNCIL 1000 VERMONT AVE NW WASHINGTON DC 20005 521578289 501(C)(3) 10000 0 GENERAL SUPPORT POPULATION COUNCIL ONE DAG HAMMARSKJOLD PLAZA NEW YORK NY 10017 131687001 501(C)(3) 10880 0 GENERAL SUPPORT POPULATION SERVICES INTERNATIONAL 1120 19TH STREET WASHINGTON DC 20036 560942853 501(C)(3) 8194 0 GENERAL SUPPORT PREVENTION ACCESS CAMPAIGN 23564 CALABASAS ROAD SUITE 201 CALABASAS CA 91302 954116679 501(C)(3) 546487 0 GENERAL SUPPORT SOUTHERN AIDS COALITION INC PO BOX 2490 POWDER SPRINGS GA 301277533 630985623 501(C)(3) 10000 0 GENERAL SUPPORT THE VISION COMMUNITY FOUNDATION 704 ORMEWOOD AVENUE ATLANTA GA 30312 870743282 501(C)(3) 311095 0 GENERAL SUPPORT UNIVERSITY OF HOUSTON 400 E CULLEN BLDG HOUSTON TX 772042013 746001399 501(C)(3) 647968 0 GENERAL SUPPORT VITAL STRATEGIES 100 BROADWAY 4TH FLOOR NEW YORK NY 10005 223419667 501(C)(3) 7829 0 GENERAL SUPPORT ZIPLINE INTERNATIONAL INC 333 COREY WAY SAN FRANCISCO CA 94080 453197601 2871282 0 GENERAL SUPPORT 19 1 PART I, LINE 2: DUE DILIGENCE IS UNDERTAKEN FOR ALL POTENTIAL GRANTEES PRIOR TO FUNDS BEING AWARDED. THE DUE DILIGENCE COVERS FINANCIAL SECURITY AND CAPABILITY, GOVERNANCE AND THE COST-BENEFIT OF THE FUNDS TO BE AWARDED. ONCE FUNDS ARE AWARDED, GRANTEES ARE REQUIRED TO REPORT QUARTERLY ON SPEND AND IMPACT. IMPACT IS EVALUATED AND DISCUSSIONS ARE HELD IF THIS VARIES SIGNIFICANTLY FROM EXPECTED IMPACT. GRANTS ARE PAID IN TRANCHES AND ONLY WHEN PREVIOUS TRANCHES ARE SPENT. ANNUALLY, ELTON JOHN AIDS FOUNDATION HIRES THIRD-PARTY AUDITORS TO INDEPENDENTLY REVIEW SELECTED GRANTS TO ENSURE THAT THE SPEND AND IMPACT REPORTED IS SUPPORTED BY EVIDENCE. X X X X 1 0 0 0 0 0 0 0 0 ANNE ASLETT CHIEF EXECUTIVE OFFICER 0 370713 0 0 0 0 0 35103 0 5338 0 411154 0 0 LUCRETIA GILBERT CHIEF PHILANTHROPY OFFICER 330516 0 0 0 0 0 20700 0 26758 0 377974 0 0 0 ANNE SCOTT CHIEF DEVELOPMENT & IMPACT OFFICER 245256 0 0 0 0 0 0 0 84 0 245340 0 0 0 CAITLIN WILLIAMS PHILANTHROPY OFFICER 150295 0 0 0 0 0 9075 0 26790 0 186160 0 0 0 NOELLE ESQUIRE BREAKTHROUGH PROGRAM MANAGER 145054 0 0 0 0 0 8736 0 19901 0 173691 0 0 0 EMILY POZNANSKI ASSOC DIRECTOR OF DEVELOPMENT 141333 0 0 0 0 0 8520 0 19896 0 169749 0 0 0 LINDSAY HAYDEN GRANTS PORTFOLIO MANAGER 127981 0 0 0 0 0 7691 0 19116 0 154788 0 0 0 PART I, LINE 4A SEVERANCE WAS PAID TO FIONA RUSSELL IN THE AMOUNT OF $47,704 AND IS INCLUDED IN HER COMPENSATION AS LISTED ON FORM 990 PART VII. X 2 75171 COMPARABLE SALES X EVENT FOOD 4 24817 MARKET PRICES 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS BASED ON THE TOTAL NUMBER OF DONORS WHO CONTRIBUTED EITHER THE PUBLICLY TRADED SECURITIES OR EVENT FOOD AND DRINK. FORM 990, PART III, LINE 4A IN 2020, WE EMBARKED ON AN EXCITING NEW STRATEGIC PLAN, DESIGNED TO REDUCE STIGMA AND HIV TRANSMISSION, ENSURE THAT EVERYONE HAS ACCESS TO COMPASSIONATE CARE AND TREATMENT, AND THAT GOVERNMENTS INVEST IN THOSE POPULATIONS MOST AFFECTED BY HIV. OUR STRATEGY FOCUSES ON REACHING POPULATIONS AND COMMUNITIES THAT ARE SO OFTEN LEFT BEHIND AND EXCLUDED FROM THE HIV RESPONSE. THE ELTON JOHN AIDS FOUNDATION'S GRANTMAKING IS MADE FROM BOTH ITS U.S. ENTITY (TO WHICH THIS FORM 990 RELATES) AND U.K. ENTITY. AS REPORTED IN THE FOUNDATION'S ANNUAL REPORT, AVAILABLE ON OUR WEBSITE, THE FOUNDATION AWARDED 40 NEW GRANTS TO THE VALUE OF $21,448,088 IN 2024, OF WHICH $13,486,898 WAS FROM THE U.S. ENTITY ALONE. WE REACHED 643,214 PEOPLE WITH SERVICES INCLUDING TESTING, PREVENTION, TREATMENT, TRAINING AND EDUCATION, WITH GRANTS SPANNING 58 COUNTRIES. WE INITIATED 36,873 PEOPLE WITH PRE-EXPOSURE PROPHYLAXIS (PREP), INITIATED 28,016 ON ANTIRETROVIRAL THERAPY (ART) AND SUPPORTED 404,679 PEOPLE TO TEST FOR HIV. GRANTS WERE AWARDED ACROSS OUR STRATEGIC PORTFOLIO AREAS: 1. YOUNG PEOPLE: TO MEET THE GROWING GLOBAL HEALTH NEEDS OF YOUNG PEOPLE AND PREVENT A RESURGENCE OF THE HIV/AIDS EPIDEMIC, WE ARE SUPPORTING OUR PARTNERS TO PILOT AND SCALE EFFECTIVE PUBLIC HEALTH RESPONSES WHICH MEET YOUNG PEOPLE WHERE THEY ARE THROUGH INNOVATIONS IN SERVICE DELIVERY. 2. LGBTQ+: LGBTQ+ GROUPS ARE AT INCREASED RISK OF HIV INFECTION. WE ARE WORKING TO ENSURE LGBTQ+ PEOPLE HAVE ACCESS TO PROTECTION AND APPROPRIATE, QUALITY HEALTH CARE. 3. UNITED STATES OF AMERICA: THE HIV/AIDS EPIDEMIC IN THE UNITED STATES WILL NOT END WITHOUT CONCERTED ACTION FROM BOTH THE PUBLIC AND PRIVATE SECTOR. WE ARE STRENGTHENING THESE PARTNERSHIPS TO ENHANCE HEALTH WORKFORCE CAPABILITIES, TO INCREASE THE ACCESSIBILITY AND DEMAND FOR HIV PREVENTION AND TESTING COMMODITIES, TO ENHANCE LINKAGES TO CARE WITHIN COMMUNITIES, AND TO ADDRESS NATIONAL, STATE, AND LOCAL POLICY BARRIERS FOR PEOPLE LIVING WITH HIV AND THOSE AT HEIGHTENED RISK OF INFECTION. 4. EASTERN EUROPE AND CENTRAL ASIA: IN EASTERN EUROPE AND CENTRAL ASIA, HIV INFECTIONS AND AIDS-RELATED DEATHS CONTINUE TO RISE, DEMANDING URGENT ACTION TO TURN THE TIDE OF THE EPIDEMIC. TO ACHIEVE EPIDEMIC CONTROL IN EECA, WE ARE WORKING TO IMPROVE AND EXPAND HIV SERVICES FOR ALL, TO REDUCE STIGMA AND DISCRIMINATION EXPERIENCED BY KEY POPULATIONS, AND TO SHARE LEARNING ON EFFECTIVE APPROACHES. IN RESPONSE TO THE OUTBREAK OF WAR IN UKRAINE AND INCREASED BURDENS ON THE HEALTH SYSTEM, WE ARE MAKING STRATEGIC INVESTMENTS TO BOLSTER AND SUSTAIN THE HIV/AIDS RESPONSE DURING THIS CRISIS. 5. PEOPLE WHO USE DRUGS: WE ARE WORKING TO ENSURE PEOPLE WHO USE DRUGS HAVE ACCESS TO RELEVANT AND EFFECTIVE TREATMENT STRATEGIES, AND CAN RELY ON CONTINUED INVESTMENTS TO MEET THEIR HEALTH NEEDS. ELTON JOHN AIDS FOUNDATION INC. WAS FOUNDED BY ELTON JOHN AND IS GOVERNED BY A BOARD OF PHILANTHROPIC LEADERS, TECHNICAL EXPERTS, CORPORATE EXECUTIVES AND LEADERS IN THE GLOBAL HIV/AIDS RESPONSE. FINANCIAL REVIEW: 2024 WAS A SUCCESSFUL YEAR FINANCIALLY FOR THE ELTON JOHN AIDS FOUNDATION AS WE CONTINUE TO MAKE GOOD PROGRESS AGAINST OUR 2020-2025 STRATEGY. THE FOUNDATION CONSISTS OF A U.K ENTITY AND A U.S. SUBSIDIARY ENTITY (TO WHICH THIS FORM 990 RELATES), IN COMBINATION REFERRED TO AS THE "GROUP". THE DIRECTORS MANAGE THE GRANT MAKING, FUNDRAISING, AND OTHER OPERATIONS OF THE ORGANISATION JOINTLY ACROSS THE GROUP. AS REPORTED IN THE ANNUAL REPORT AVAILABLE ON OUR WEBSITE, TOTAL COMBINED REVENUE FOR THE GROUP IN 2024 WAS $29,718,676, THANKS TO THE ONGOING SUCCESS OF THE ROCKET FUND, OUR $125 MILLION, MULTI-YEAR FUNDRAISING INITIATIVE TO ACCELERATE THE FOUNDATION'S LIFESAVING WORK AND COMBAT THE GROWING RATES OF HIV. IN THE U.S. ENTITY ALONE, $20,298,674 OF TOTAL REVENUE WAS GENERATED IN 2024, COMPARED TO $21,618,939 IN 2023. THE DECREASE IN REVENUE IN THE U.S. ENTITY COMPARED TO 2023 IS LARGELY DUE TO THE FOUNDATION RECEIVING MORE HIGH-VALUE MULTI-YEAR GIFTS IN 2023, DONATED TO SUPPORT THE CHARITY OVER MULTIPLE YEARS. THE FOUNDATION TOOK THE STRATEGIC DECISION TO INCREASE AND MAXIMISE THE VALUE OF GRANTS TO PARTNERS AND EXPENDITURE ON PROGRAM SERVICES IN 2024 USING THE SURPLUSES GENERATED IN PREVIOUS YEARS AND THE STRONG NET ASSETS HELD AT THE START OF 2024. AS REPORTED IN THE ANNUAL REPORT, THE GROUP RAN A DEFICIT OF $3,967,078, PARTLY OFFSET BY $176,408 OF GAINS ON INVESTMENTS, RESULTING IN NET ASSETS OF $29,996,715 AT DECEMBER 31, 2024 ($33,787,385 AT DECEMBER 31, 2023). AS REPORTED IN THIS FORM 990, THE U.S. ENTITY HAD A SURPLUS OF $303,061, WHICH TOGETHER WITH UNREALIZED GAINS ON INVESTMENTS AND OTHER CHANGES IN NET ASSETS, RESULTED IN NET ASSETS OF $16,050,177 AT DECEMBER 31, 2024 ($15,740,294 AT DECEMBER 31, 2023). AT THE END OF 2024, THE GROUP AND U.S. ENTITY HOLD SUFFICIENT FUNDS TO ENSURE OPERATIONAL STABILITY AND WILL DRAW DOWN ON THESE RESERVES IN 2025 TO MAXIMIZE OUR CHARITABLE IMPACT AND CONTINUE OUR ONGOING GRANTS STRATEGY. FORM 990, PART V, LINE 2A THE FOUNDATION ENGAGES THE SERVICES OF A THIRD-PARTY PROFESSIONAL EMPLOYER SERVICE ORGANIZATION. THIS SERVICE ORGANIZATION REPORTS ALL EMPLOYEES AND EARNINGS UNDER ITS OWN TAX IDENTIFICATION NUMBER. FOR REPORTING AND DISCLOSURE PURPOSES, COMPENSATION HAS BEEN REFLECTED ON FORM 990, PART VII AND SCHEDULE J. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR SHAREHOLDERS: THE SOLE MEMBER OF THE ELTON JOHN AIDS FOUNDATION, INC. IS THE ELTON JOHN AIDS FOUNDATION, A COMPANY REGISTERED UNDER THE COMPANIES ACT OF ENGLAND AND WALES. FORM 990, PART VI, SECTION A, LINE 7A POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY: MEMBERS OF THE BOARD OF DIRECTORS OF THE ELTON JOHN AIDS FOUNDATION, INC. ARE ELECTED BY THE ELTON JOHN AIDS FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ELTON JOHN AIDS FOUNDATION, INC. IS RESERVED TO (OR SUBJECT TO APPROVAL BY) THE MEMBER: THE ELTON JOHN AIDS FOUNDATION, INC.'S SOLE MEMBER, THE ELTON JOHN AIDS FOUNDATION IS GRANTED THE POWER UNDER THE ELTON JOHN AIDS FOUNDATION INC.'S BY-LAWS TO: (A) APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND AMENDMENTS TO THE BY-LAWS OR OTHER SIMILAR DOCUMENTS, (B) TO ELECT INDIVIDUALS TO FILL VACANCIES ON THE BOARD OF DIRECTORS FROM LISTS OF NOMINEES PROVIDED BY THE BOARD OF DIRECTORS; (C) TO APPROVE THE DISSOLUTION, LIQUIDATION, MERGER, CONSOLIDATION, OR SALE OF SUBSTANTIALLY ALL THE ASSETS OF THE CORPORATION; AND (D) REMOVE A DIRECTOR, WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION B, LINE 11B PROCESS FOR REVIEW OF FORM 990: COPIES OF THE ANNUAL IRS FORM 990 ARE DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING TO ALLOW FOR THOROUGH REVIEW BY THE INDIVIDUALS CHARGED WITH OVERSEEING THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT-OF-INTEREST DOCUMENT AND CONFORM WITH THE ELTON JOHN AIDS ELTON JOHN AIDS FOUNDATION, INC.'S POLICY. THE POLICY IS REGULARLY MONITORED AND ENFORCED FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ELTON JOHN AIDS FOUNDATION, INC.'S EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD CHAIR, TREASURER AND OTHER MEMBERS OF THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ELTON JOHN AIDS FOUNDATION INC.'S FINANCIAL STATEMENTS AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION ARE POSTED ON THE ELTON JOHN AIDS FOUNDATION, INC.'S WEBSITE. OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: GRANT AWARD REFUNDS/WRITE-OFFS 39,582. LOSS ON UNCOLLECTIBLE AMOUNTS -33,000. THE ELTON JOHN AIDS FOUNDATION 88 OLD STREET LONDON UK EC1V 9HU CHARITABLE UK N/A 0 EJAF TRADING LIMITED 88 OLD STREET LONDON UK EC1V 9HU SUPPORT ELTON JOHN AIDS FOUNDATION UK ELTON JOHN AIDS FOUNDATION UK C 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 THE ELTON JOHN AIDS FOUNDATION B 2000000 FMV THE ELTON JOHN AIDS FOUNDATION C 446959 FMV