ALZHEIMER'S RESEARCH | topofthelakerotary

COINS FOR ALZHEIMER'S RESEARCH TRUST

www.cartfund.org

CART stands for Coins for Alzheimer’s Research Trust. The CART fund participants are 13 Rotary districts in NC, SC, GA, TN and VA. Last year the fund participants raised close to $400,000. The CART fund was able to award a $250,000 research grant to Cedars-Sinai Medical Center, Los Angeles and $150,000 grant was given to University of Washington at Seattle. The Fund gives grants for research that would not ordinarily get funded. This past year there were 84 research institutions in the process and in May 2013 new recipients will be announced. The Fund is well respected in the research and grant community; and 100% of the gifts go towards the grants. The CART Fund has continually been recognized by the SC Attorney General as the number 1 charity in use of the gifts for its intended purpose.

PURPOSE
The purpose of the Coins for Alzheimers Research Trust Fund (CART) is to provide funding for research for the prevention and cure of the Alzheimer’s Disease.

HISTORY
In October 1995, the Sumter, S. C. Rotary Club, led by Roger Ackerman and Dr. Jack Bevan, initiated the effort to prove that Rotarians voluntarily emptying their pockets of change for a good cause could produce significant levels of funds to support Alzheimer’s disease research. The CART Fund (Coins for Alzheimer’s Research Trust) was the name given to the project, which proved to be highly successful during an 8-month testing period.

In May 1996. The CART Fund was introduced at the Rotary District 7770 Conference and was enthusiastically received. The District leaders agreed to adopt CART as a project, if a committee made up of Sumter Rotarians could obtain the support of the individual clubs in the District. During the 1996-97 Rotary year, CART programs were presented in 62 of the 68 clubs in D-7770. The response was overwhelmingly in support of this grassroots project and the district officially adopted CART as a district-wide program in 1997.

Since then, additional Rotary Districts throughout the southeastern United States have joined in the effort to raise funds and support significant work in the Alzheimer’s research field to discover the cause and eventually a cure for the disease. Rotary clubs are encouraged to pass the blue buckets at meetings, encourage sponsorships and dedicate memorials to the CART Fund.

ADMINISTRATION AND FUND MANAGEMENT

Coins for Alzheimer’s Research Trust is governed by a Board of Trustees whose primary membership comes from representatives from the Rotary Districts that support the program. It is a 501 C 3 organization, Federal ID # 31-1466051. The Fund is chartered as a non-profit organization under the laws of the State of South Carolina.

All administrative expenses for the Fund have been derived through earned interest from contributions. One hundred percent (100%) of Donated Funds go to cutting edge AD Research as required by our CART by-laws.