American-Italian Cancer Foundation
- Assets
- $5.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1986
- Data as of
- 06/2022
- EIN
- 13-3035711
Organization Overview
American-Italian Cancer Foundation is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American-Italian Cancer 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 06/2022, American-Italian Cancer Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, American-Italian Cancer Foundation has awarded 68 individual grants totaling $3,473,000. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CANCER RESEARCH, EDUCATION AND EARLY DETECTION, (CONT. ON SCHEDULE O)EMPHASIZING THE UNIQUE RESOURCES OF ITALY & USA, RECOGNIZING WORLD-CLASS SCIENTIFIC EXCELLENCE IN MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP RESEARCH AWARDS - PROVIDES FINANCIAL SUPPORT FOR THE POST-DOCTORAL RESEARCH OF PROMISING YOUNG SCIENTISTS WHO PURSUE RESEARCH AND ADVANCED TRAINING IN COLLABORATION WITH MENTORS AT MAJOR CANCER CENTERS IN THE US.
CANCER SCREENING - PROVIDES MOBILE CANCER SCREENING, OUTREACH AND EDUCATION TO ECONOMICALLY DISADVANTAGED AND MEDICALLY UNDERSERVED WOMEN IN NEW YORK CITY.
CANCER EDUCATION & AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristina Aibino Executive Director | Officer | 40 | $91,350 |
Daniele D Bodini Chairman | OfficerTrustee | 3 | $0 |
Philip Olivetti Secretary | OfficerTrustee | 3 | $0 |
Angie Lo Treasurer | Officer | 3 | $0 |
Francesca Bodini Director | Trustee | 3 | $0 |
Gian Andrea Botta Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Extensis Payroll Provider | 6/29/20 | $376,495 |
Multi-diagnostic Services Inc Medical Provider | 6/29/20 | $264,328 |
Extensis Payroll Provider | 6/29/20 | $376,495 |
Multi-diagnostic Services Inc Medical Provider | 6/29/20 | $264,328 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $999,989 |
| Related organizations | $0 |
| Government grants | $496,384 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,876 |
| Noncash contributions included in lines 1a–1f | $25,006 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,664,249 |
| Total Program Service Revenue | $0 |
| Investment income | $23,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$41,366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,660,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $655,000 |
| 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. | $138,490 |
| Compensation of current officers, directors, key employees. | $3,509 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,973 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,392 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,219 |
| Insurance | $38,756 |
| All other expenses | $0 |
| Total functional expenses | $1,475,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,126 |
| Savings and temporary cash investments | $493,082 |
| Pledges and grants receivable | $333,657 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $106,150 |
| Investments—publicly traded securities | $4,061,958 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,579 |
| Total assets | $5,209,552 |
| Accounts payable and accrued expenses | $131,427 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Total liabilities | $131,427 |
| Net assets without donor restrictions | $4,337,119 |
| Net assets with donor restrictions | $741,006 |
| 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 | $5,209,552 |
Grants Awarded
Over the last fiscal year, American-Italian Cancer Foundation has awarded $655,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: CANCER RESEARCH | $120,000 |
New York, NY PURPOSE: CANCER RESEARCH | $80,000 |
Los Angeles, CA PURPOSE: CANCER RESEARCH | $80,000 |
Ithaca, NY PURPOSE: CANCER RESEARCH | $55,000 |
Boston, MA PURPOSE: CANCER RESEARCH | $46,000 |
Somerville, MA PURPOSE: CANCER RESEARCH | $40,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that American-Italian Cancer Foundation has recieved totaling $568,530.
| Awarding Organization | Amount |
|---|---|
Alexander Bodini Foundation New York, NY PURPOSE: FELLOWSHIP | $120,000 |
National Breast Cancer Foundation Inc Frisco, TX PURPOSE: SCREENING & DIAGNOSTICS & patient navigation | $99,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $80,000 |
Del Vecchio Family Foundation New York, NY PURPOSE: GENERAL GRANT | $65,000 |
Massimo And Chiara Ferragamo Family Foundation New York, NY PURPOSE: PRESERVE ITALIAN HERITPRESERVING HERITAGE, SCHOLORSHIPS | $55,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $40,000 |
Endowment Analysis
| Beg. Balance | $696,498 |
| Earnings | $1,375 |
| Net Contributions | $703,127 |
| Other Expense | $659,994 |
| Ending Balance | $741,006 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Count Me In Inc Cambridge, MA | $7,331,909 | $8,017,841 |
Lung Cancer Research Foundation New York, NY | $5,738,095 | $6,154,252 |
The Ricbac Foundation Newtonville, MA | $46,150,580 | $5,404,964 |
Samuel Waxman Cancer Research Foundation New York, NY | $4,834,675 | $2,510,809 |
Advanced Medical Research Foundation Inc Brookline, MA | $69,323,551 | $6,501,514 |
For Petes Sake Cancer Respite Foundation Plymouth Meeting, PA | $5,811,462 | $3,990,620 |
International Myeloma Society Needham, MA | $7,371,497 | $4,469,545 |
Laniado Development Fund Inc Monsey, NY | $541,683 | $1,706,128 |
American-Italian Cancer Foundation New York, NY | $5,209,552 | $1,660,961 |
Sbarro Health Research Organization Inc Philadelphia, PA | $1,818,007 | $1,444,668 |
Stachestrong Inc Vestal, NY | $447,946 | $1,183,926 |
Arms Wide Open Childhood Cancer Foundation Marlboro, NJ | $332,441 | $1,049,867 |