24 Foundation Inc

Organization Overview

24 Foundation Inc is located in Charlotte, NC. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, 24 Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 24 Foundation Inc 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, 24 Foundation Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $987.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, 24 Foundation Inc has awarded 86 individual grants totaling $4,310,403. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

24 FOUNDATION'S VISION IS TO HAVE CANCER NAVIGATION AND SURVIVORSHIP FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O. SEE SCHEDULE I FOR CASH GRANTS.2021 WAS AN CHALLENGING BUT SUCCESSFUL YEAR FOR EVENT FUNDRAISING, DESPITE THE REMAINING OBSTACLES CREATED BY THE GLOBAL PANDEMIC. CONTRIBUTIONS FROM PARTICIPANTS, DONORS, AND CORPORATIONS ALLOWED TO PROVIDE A HIGH LEVEL OF SUPPORT TO OUR BENEFICIARIES AS WE WORK TO FURTHER OUR MISSION TO INSPIRE AND ENGAGE COMMUNITIES TO MAKE AN IMMEDIATE IMPACT ON THE LIVES OF PEOPLE AFFECTED BY CANCER. WITH MORE THAN $1,300,000 RAISED FOR CANCER NAVIGATION AND SURVIVORSHIP PROGRAMS THROUGH THE PEER-TO-PEER FUNDRAISING EFFORTS OF MORE THAN 600 IN-PERSON AND 200 VIRTUAL CYCLISTS AND WALKERS, WE ENGAGED PARTICIPANTS OF ALL AGES FROM MORE THAN 23 STATES AND THREE COUNTRIES. BELLOW ARE THE ACCOMPLISHMENTS OF OUR ORGANIZATION IN 2021: OUR CONTRIBUTION OF A 5 YEAR, $1.75M COMMITMENT, THAT IS TO BE PAID IN 2020 THROUGH 2025, TO ATRIUM HEALTH FOUNDATION (FORMERLY CAROLINAS HEALTHCARE FOUNDATION) WILL BE DISTRIBUTED AT THE LEVINE CANCER INSTITUTE AND THE LEVINE CHILDREN'S HOSPITAL. THE GOAL OF THIS FUNDING IS TO FURTHER THE LCI AND LCH MISSIONS TO CHANGE THE COURSE OF CANCER CARE BY REMOVING THE BARRIERS THAT SEPARATE PATIENTS FROM ACCESS TO WORLD-CLASS RESEARCH, BREAKTHROUGH TREATMENTS AND QUALITY CARE.DUE TO THE PANDEMIC AND DECREASED CONTRIBUTED INCOME, WE DISTRIBUTED $200K TO ATRIUM IN 2020, CARRYING OVER $150K OF OUR OBLIGATION FOR THE REMAINING FOUR YEARS OF THE CONTRACT. IN 2021, WE CONTRIBUTED $360K, LEAVING THE REMAINING BALANCE AT $140K. OUR FUNDING TO THE LEVINE CANCER INSTITUTE PROVIDED IMPORTANT SERVICES TO CANCER SURVIVORS UNDERGOING TREATMENT THAT ARE NOT COVERED BY TRADITIONAL INSURANCE PLANS. SUCH SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PATIENT NAVIGATION, DIETICIAN CONSULTATION, ART THERAPY, SUPPORT GROUPS, YOGA AND TAI CHI, ACUPUNCTURE AND MORE. FUNDING PROVIDED 8,000 IN-PERSON OR VIRTUAL OR CAREGIVER ENCOUNTERS WITHIN THE DEPARTMENT OF INTEGRATIVE MEDICINE IN 2021; 1,212 PATIENT ENCOUNTERS AND 74 PATIENTS SERVED IN 2021 THROUGH 24 FOUNDATION'S FUNDING OF A BILINGUAL, SPANISH-SPEAKING NURSE NAVIGATOR AT LEVINE CANCER INSTITUTE. FUNDING AT LEVINE CHILDREN'S HOSPITAL PROVIDED A 24 FOUNDATION HEALTHY SNACK CART, WHICH ALLOWS FOR HEALTHY OPTIONS TO HELP FUEL LONG DAYS OF TREATMENT FOR MORE THAN 50 CHILD CANCER PATIENTS EACH DAY. OUR CONTRIBUTION TO CAROLINA BREAST FRIENDS ALLOWED 24 FOUNDATION TO SUPPORT 6,620 WOMEN FACING A BREAST CANCER DIAGNOSIS THROUGH NEW AND ROBUST VIRTUAL PROGRAMS.OUR CONTRIBUTION TO CASTING CAROLINAS ALLOWED 24 FOUNDATION TO FUND 15 WOMEN WITH BREAST CANCER THROUGH IN-PERSON AND VIRTUAL RETREATS IN NORTH CAROLINA, WHERE THEY COMBINE MENTAL, CANCER EDUCATION, AND PEER SUPPORT EXPERIENCES WITH THE THERAPEUTIC SPORT OF FLY FISHING.OUR CONTRIBUTION TO CLAIRE'S ARMY, PROVIDED FINANCIAL ASSISTANCE AND CLAIRE PACKAGES TO 88 FAMILIES AT LEVINE CHILDREN'S HOSPITAL WHOSE CHILDREN WERE RECENTLY DIAGNOSED WITH CANCER. PACKAGES INCLUDE NAVIGATION MATERIALS, FINANCIAL SUPPORT, AND OTHER ESSENTIAL SUPPORT MECHANISMS FOR FAMILIES RECEIVING THE WORST POSSIBLE NEWS. FUNDING ALSO SUPPORTED 360 FREE MEALS FOR FAMILIES IN-HOSPITAL.OUR CONTRIBUTION TO CHEMO CARS, PROVIDED CANCER PATIENTS TO/FROM CANCER TREATMENT AT ZERO COST TO THE PATIENT, WAS CARRIED OVER IN 2021 DUE TO THE PROGRAM SHUTTING DOWN FOR COVID PRECAUTIONSOUR CONTRIBUTION TO GO JEN GO GAVE 24 FOUNDATION THE OPPORTUNITY TO PROVIDE INDIVIDUALS AND FAMILIES BATTLING BREAST CANCER FINANCIAL ASSISTANCE AND EMOTIONAL SUPPORT THROUGHOUT NORTH AND SOUTH CAROLINA. SPECIFICALLY, FUNDING IS USED TO SUBSIDIZE RENT, PAY BILLS, AND CONDUCT HOME AND CAR REPAIRS FOR THOSE BATTLING BREAST CANCER. FUNDING FROM 24 FOUNDATION SUPPORT 23 CANCER SURVIVORS IN 2021.OUR CONTRIBUTION TO HOSPITALITY HOUSE OF CHARLOTTE, PROVIDED 200 NIGHTS OF LODGING AND 10 FULL DAYS OF OPERATING COST FOR MORE THAN 350 PATIENTS AND FAMILY MEMBERS NAVIGATING CANCER TREATMENT. OVERNIGHT LODGING ALLOWED FAMILIES WHO ARE FIGHTING CANCER AT A CHARLOTTE HOSPITAL THE ABILITY TO STAY CLOSE TO THEIR LOVED ONE UNDERGOING TREATMENT AND GIVES THE PATIENT THE OPPORTUNITY TO STAY CLOSER TO THEIR SOURCE OF TREATEMENT.OUR CONTRIBUTION TO ISABELLA SANTOS FUNDATION PROVIDED FINANCIAL SUPPORT TO THE FAMILIES OF CHILDREN WITH RARE CANCER DIAGNOSES.OUR CONTRIBUTION TO NOTHING PINK, PROVIDED CANCER EDUCATION, PEER SUPPORT, AND FINANCIAL ASSISTANCE TO MORE THAN 50 WOMEN FACING A TRIPLE-NEGATIVE BREAST CANCER DIAGNOSIS .OUR CONTRIBUTION TO PINKY SWEAR FOUNDATION, PROVIDED FINANCIAL SUPPORT TO 18 FAMILIES WHOSE CHILDREN WERE RECENTLY DIAGNOSED WITH CANCER.OUR CONTRIBUTION TO QUEENS UNIVERSITY GAVE 24 FOUNDATION THE OPPORTUNITY TO SUPPORT STUDENTS AFFECTED BY CANCER THROUGH SCHOLARSHIP AND ENDOWMENT FUNDING, PROVIDING FINANCIAL ASSISTANCE FOR THEIR UNDERGRADUATE EXPERIENCE TO ENSURE CANCER HAS THE LEAST IMPACT POSSIBLE ON THEIR EDUCATIONAL PROCESS. FUNDING PROVIDED ONE $10,000 SCHOLARSHIP IN 2021.OUR CONTRIBUTION TO WIND RIVER CANCER WELLNESS RETREATS & PROGRAMS GAVE 24 FOUNDATION THE OPPORTUNITY TO PROVIDE CANCER SURVIVORS WITH 22 VIRTUAL WEEKEND RETREATS TO ELARN HOW TO BETTER MANAGE THEIR ENERGY AND CONNECT WITH OTHERS DEALING WITH SIMILAR ISSUES. PROGRAMS INCLUDE NUTRITIONAL, PHYSICAL, MENTAL AND EMOTIONAL GUIDANCE FROM EXPERTS AND PEERS FOR INDIVIDUALS SURVIVING A CANCER DIAGNOSIS. 24 FOUNDATION FUNDING PROVIDES FIVE CANCER RETREATS EACH YEAR AT ZERO COST TO CANCER SURVIVORS, WHICH SHIFTED TO VIRTUAL IN 2020 THROUGH 2021.FUNDS RAISED AND DISTRIBUTED THROUGHOUT 2021 ALLOWED 24 FOUNDATION THE OPPORTUNITY TO AFFECT CANCER PATIENTS AND SURVIVORS, AND THEIR FAMILIES, NATIONALLY AND IN OUR TWO EVENT COMMUNITIES. OUR MISSION IS TO ENGAGE AND INSPIRE COMMUNITIES, THROUGH OUR EVENTS, TO MAKE AN IMMEDIATE IMPACT ON THE LIVES OF PEOPLE AFFECTED BY CANCER THROUGH THE ABOVE LISTED BENEFICIARIES. WE ARE CONTINUING TO FULFILL THIS MISSION AND EACH YEAR WE ARE GETTING CLOSER TO OUR VISION OF PROVIDING CANCER NAVIGATION AND SURVIVORSHIP SERVICES FOR ALL. CANCER NAVIGATION SERVICES IMPROVE THE QUALITY OF LIFE FOR PEOPLE AFFECTED BY CANCER, MAINLY THROUGH THE ONE ON ONE SUPPORT AND GUIDED KNOWLEDGE OF AVAILABLE SURVIVORSHIP PROGRAMS. 24 FOUNDATION HAD AN INCREDIBLE IMPACT ON ADVANCING CANCER NAVIGATION AND SURVIVORSHIP SERVICES IN 2021. WITH A SOLID YEAR OF FUNDRAISING DESPITE THE CONTINUED GLOBAL PANDEMIC, 24 FOUNDATION IS WELL POISED TO CONTINUE SERVING THE CANCER COMMUNITY THROUGH CONTINUED STRATEGIC ENHANCEMENT OF OUR ORGANIZATIONS INFRASTRUCTURE, IMPROVING THE QUALITY AND REPLICABILITY OF OUR EVENTS THROUGH NEW PARTNERS, AND ULTIMATELY LAYING THE GROUNDWORK FOR 24 FOUNDATION IMPACT EXPANSION.


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Board, Officers & Key Employees

Name (title)Compensation
Katy Ryan
Executive Director
$108,700
Rasmus Pedersen
Chair
$0
Chad Frk
Treasurer
$0
Spencer Lueders
Founder
$0
Chasse Bailey-Dorton
Chair
$0
Mona Baset
Marketing
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$86,900
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,010,848
Noncash contributions included in lines 1a–1f $38,366
Total Revenue from Contributions, Gifts, Grants & Similar$1,097,748
Total Program Service Revenue$261,733
Investment income $822
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,900
Miscellaneous Revenue$0
Total Revenue $1,362,203

Grants Awarded

Over the last fiscal year, 24 Foundation Inc has awarded $113,500 in support to 7 organizations.

Grant RecipientAmount

Charlotte, NC

PURPOSE: FUNDING TO PROVIDE CLAIRE PACKAGES AND MEAL ASSISTANCE TO FAMILIES AT LEVINE'S CHILDREN'S HOSPITAL WHOSE CHILDREN WERE RECENTLY DIAGNOSED WITH CANCER.

$25,000

WIND RIVER SERVICES

Org PageRecipient Profile

Tryon, NC

PURPOSE: FUNDING SUPPORTS CANCER WELLNESS RETREATS THAT EMPOWER CANCER SURVIVORS TO WORK ON THE NON-MEDICAL ASPECTS OF CANCER.

$24,000

PINKY SWEAR FOUNDATION

Org PageRecipient Profile

Edina, MN

PURPOSE: FUNDING PROVIDED FINANCIAL SUPPORT TO FAMILIES WHOSE CHILDREN WERE RECENTLY DIAGNOSED WITH CANCER.

$20,000

Charlotte, NC

PURPOSE: FUNDING FINANCIAL ASSISTANCE AND EMOTIONAL SUPPORT TO INDIVIDUALS AND FAMILIES, IN NORTH AND SOUTH CAROLINA , WHO ARE BATTLING BREAST CANCER.

$15,000

HOSPITALITY HOUSE OF CHARLOTTE

Org PageRecipient Profile

Charlotte, NC

PURPOSE: FUNDING PROVIDES LODGING FOR PATIENTS AND FAMILY MEMBERS DURING CANCER TREATMENT.

$11,000

QUEENS UNIVERSITY

Org PageRecipient Profile

Charlotte, NC

PURPOSE: FUNDING THE OPPORTUNITY FOR STUDENTS AFFECTED BY CANCER TO RECEIVE FINANCIAL ASSISTANCE FOR THEIR UNDERGRADUATE EXPERIENCE.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that 24 Foundation Inc has recieved totaling $500.

Awarding OrganizationAmount
Kelly Heflin Foundation Charitable Tr

Bryn Mawr, PA

PURPOSE: FUNDRAISER

$500
View Grant Recipient Profile

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