Alliance For Clinical Trials In Oncology Foundation
- Assets
- $119.6m
- Revenue
- $39.9m
- Investments
- $0.0
- Employees
- 81
- Location
- Chicago, IL
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 02-0464400
Organization Overview
Alliance For Clinical Trials In Oncology Foundation is located in Chicago, IL. The organization was established in 1994. As of 12/2021, Alliance For Clinical Trials In Oncology Foundation employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alliance For Clinical Trials In Oncology Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Alliance For Clinical Trials In Oncology Foundation generated $39.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $40.3m during the year ending 12/2021. While expenses have increased by 16.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alliance For Clinical Trials In Oncology Foundation has awarded 389 individual grants totaling $49,767,691. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION RAISES FUNDS TO HELP THE ALLIANCE FOR CLINICAL TRIALS IN ONCOLOGY ANSWER IMPORTANT TREATMENT QUESTIONS THROUGH LARGE-SCALE CLINICAL TRIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLIANCE FOUNDATION TRIALS CONDUCTS CANCER CLINICAL RESEARCH AND ADDRESSES MEDICAL CARE AND TREATMENT THROUGH LARGE-SCALE CLINICAL TRIALS INVOLVING VARIOUS RELATED PARTNERS.
ANCILLARY PROJECT GRANTS PROVIDE SUPPORT FOR EXPENSES OF MULTIDISCIPLINARY COMPANION STUDIES OF ALLIANCE FOR CLINICAL TRIALS IN ONCOLOGY AND ALLIANCE TREATMENT STUDIES RELATING TO CANCER AND LEUKEMIA RESEARCH.
STATISTICAL AND DATA MANAGEMENT GRANTS PROVIDE SUPPORT FOR COSTS INCURRED TO DEVELOP CLINICAL TRIALS, COLLECT PATIENT DATA FROM INSTITUTIONS AND ANALYZE DATA FOR PUBLICATION OF RESULTS OF STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheilah Katherine Hurley Chief Operating Officer | Officer | 40 | $230,002 |
Carter W Dufrane Director Of Clinical Trials Ops | Officer | 40 | $188,178 |
Dhruva Gollerkeri Treasurer/cfo | Officer | 30 | $187,981 |
Andrea Lorena Reino Director Of Contracts Admin. | 30 | $165,750 | |
Lisa Renee Pitler Senior Director, Compliance & Hr | 30 | $159,374 | |
Sylvia Hrbek Group Assistant Controller | 30 | $157,600 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Precog Llc Site Monitoring | 12/30/21 | $2,167,062 |
Ccs Research Corp Site Monitoring | 12/30/21 | $3,402,753 |
Nsabp Foundation Inc Site Monitoring | 12/30/21 | $1,902,030 |
Syneos Health Clinical Inc Site Monitoring | 12/30/21 | $1,177,503 |
Mayo Clinic Statistical Data Center | 12/30/21 | $2,087,263 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,796,442 |
| Noncash contributions included in lines 1a–1f | $14,835 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,796,442 |
| Total Program Service Revenue | $23,321,865 |
| Investment income | $1,763,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,053,754 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,942,446 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,497,836 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $782,867 |
| Compensation of current officers, directors, key employees. | $572,991 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,653,785 |
| Pension plan accruals and contributions | $84,401 |
| Other employee benefits | $629,285 |
| Payroll taxes | $548,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,321 |
| Fees for services: Accounting | $121,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $339,869 |
| Fees for services: Other | $1,633,157 |
| Advertising and promotion | $0 |
| Office expenses | $1,462,886 |
| Information technology | $1,012,215 |
| Royalties | $0 |
| Occupancy | $92,266 |
| Travel | $7,640 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,643 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $216,169 |
| Insurance | $214,626 |
| All other expenses | $1,783,831 |
| Total functional expenses | $40,313,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,807 |
| Savings and temporary cash investments | $19,897,253 |
| Pledges and grants receivable | $691,620 |
| Accounts receivable, net | $20,418,982 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $233,067 |
| Net Land, buildings, and equipment | $452,136 |
| Investments—publicly traded securities | $75,992,508 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,251,355 |
| Total assets | $119,602,728 |
| Accounts payable and accrued expenses | $7,457,983 |
| Grants payable | $0 |
| Deferred revenue | $61,651,644 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $198,028 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $74,250 |
| Total liabilities | $69,381,905 |
| Net assets without donor restrictions | $48,487,632 |
| Net assets with donor restrictions | $1,733,191 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $119,602,728 |
Grants Awarded
Over the last fiscal year, Alliance For Clinical Trials In Oncology Foundation has awarded $7,494,774 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: CANCER RESEARCH | $2,345,218 |
Chapel Hill, NC PURPOSE: CANCER RESEARCH | $727,302 |
Saint Louis, MO PURPOSE: CANCER RESEARCH | $651,156 |
Durham, NC PURPOSE: CANCER RESEARCH | $614,742 |
Chicago, IL PURPOSE: CANCER RESEARCH | $520,485 |
Boston, MA PURPOSE: CANCER RESEARCH | $422,227 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliance For Clinical Trials In Oncology Foundation has recieved totaling $511,390.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $511,390 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Riverside Research Institute Arlington, VA | $107,121,507 | $127,407,208 |
Van Andel Research Institute Grand Rapids, MI | $289,629,145 | $88,891,678 |
Oklahoma Medical Research Foundation Oklahoma City, OK | $499,810,540 | $126,016,814 |
Stowers Institute For Medical Research Kansas City, MO | $238,524,295 | $116,367,619 |
Stanley Manne Childrens Research Institute Chicago, IL | $169,123,650 | $39,027,696 |
Dean Mcgee Eye Institute Oklahoma City, OK | $54,603,133 | $49,025,501 |
Hennepin Healthcare Research Institute Minneapolis, MN | $65,628,312 | $47,615,744 |
Alliance For Clinical Trials In Oncology Foundation Chicago, IL | $119,602,728 | $39,942,446 |
Trilogy Inc Chicago, IL | $15,390,124 | $38,855,480 |
Family Institute Evanston, IL | $24,399,945 | $35,971,873 |
International Copper Association Ltd Mclean, VA | $20,364,704 | $33,951,443 |
Hektoen Institute For Medical Research Chicago, IL | $65,726,936 | $31,693,206 |