More MS news articles for February 2001

National MS Society Research Spending

http://www.nationalmssociety.org/Headlines-Spending.asp

February 8, 2001. In fiscal 2001, the National MS Society projects spending nearly $30 million to support more than 300 MS investigations. This is some $3 million over last year’s research spending.

How much the Society spends on research is determined by a formula first adopted by its National Board of Directors many years ago, and updated several times since then. The formula identifies a minimum amount that can be spent on research on a 4-year rolling average. This minimum consists of 50% of unrestricted income received from chapters, 50% of net income raised by direct marketing programs, 50% of net income received from divisions—and all income restricted to research.

Over the past several years, the Society spent well beyond the minimum amount determined by this formula—exceeding budget by over $12 million. This was largely made possible by chapter success in raising research restricted dollars and by generous honor roll contributions made with their own reserves.

Since its first three grants were awarded in 1947, the Society has spent $290 million on MS research. Current goals and dollars are directed toward understanding the MS disease process; speeding development of MS treatments, prevention, and a cure; preventing damage to the nervous system; reversing damage and improving function; and enhancing quality of life, care, and delivery of medical services.  The pursuit of these goals has led the Society to be at the core of virtually every major MS research breakthrough for the last half century.