Philanthropy Advisory Service
The FasterCures Philanthropy Advisory Service (PAS) is an online information resource for medical philanthropists. The goal of the web-based service is to accelerate drug and therapy development by increasing support and directing funds to high impact, nonprofit disease research organizations. It provides data about diseases and associated research organizations, allowing philanthropists to make informed investment decisions, match their interests to specific research organizations, and assess the outcome of their philanthropic investment.
PAS features disease reports with up-to-date scientific data on each profiled disease, organizational reports with information and assessment data about the priorities and practices of various research organizations and a searchable research database. The PAS is currently in its pilot phase and focuses on four diseases: Alzheimer's disease, multiple sclerosis, malaria, and tuberculosis. It provides information about 22 research organizations related to these diseases. At this time, it is available for free to those who register as Premier Users.
The PAS began development in 2007, and the pilot program was publicly launched on April 28, 2009. The program was established by FasterCures/The Center for Accelerating Medical Solutions, with funding support from the Bill & Melinda Gates Foundation and the Pioneer Portfolio of the Robert Wood Johnson Foundation.
References
Adler, Neil. "FasterCures wins $35M grant from foundation." Washington Business Journal. April 25, 2007. Retrieved 2009 August 6. http://www.bizjournals.com/washington/stories/2007/04/23/daily33.html
"Partnering for Philanthropy Conference Launched to Unite Innovative Non-profit Research Organizations with Philanthropists and Industry." 2009 June 17. Retrieved 2009 August 1. http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=PEHEA.story&STORY=/www/story/06-17-2008/0004833730&EDATE=TUE+Jun+17+2008,+08:30+AM
Simon, Greg. "Entrepreneurial Philanthropy and Innovative Medical Research: The Arthur C. Frantzreb Lecture at Indiana University’s Center on Philanthropy 19th Annual Symposium: 'Health and Philanthropy: Leveraging Change.'" Association for Research on Nonprofit Organizations and Voluntary Action. 2007. Retrieved 2009 August 1. nvs.sagepub.com/cgi/rapidpdf/0899764007310528v1.pdf
"Service Helps Philanthropists Make Informed Investment." Happy News. May 6, 2009. Retrieved 2009 August 1. http://www.happynews.com/news/562009/service%20helps%20philanthropists%20informed%20investment.htm
"FasterCures Launches Philanthropy Advisory Service: Service Helps Medical Research Philanthropists Make Informed Investment Decisions." April 28, 2009. Retrieved 2009 August 1. http://www.rwjf.org/pr/product.jsp?id=42112
"Helping Philanthropists Make Informed Investment Decisions." April 27, 2009. Retrieved 2009 August 1. http://www.fastercures.org/index.cfm/OurPrograms/Philanthropy_Advisory_Service