Cancer Research Foundation
- Assets
- $11.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 12/2017
- Data as of
- 03/2022
- EIN
- 36-2385213
Organization Overview
Cancer Research Foundation is located in Chicago, IL. The organization was established in 2017. 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 a parent organization of an affiliated group for tax-exemption purposes. Cancer Research 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 03/2022, Cancer Research Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.1m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cancer Research Foundation has awarded 26 individual grants totaling $6,497,699. 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
FUNDING CANCER RESEARCH TO FIND A CURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SCIENTISTS AT UNIVERSITY MEDICAL CENTERS FOR CLINICAL AND LABORATORY RESEARCH ON VARIOUS PROJECTS
PRINTED NEWSLETTERS AND INTERNET DEVELOPMENT DETAILING RESEARCH FUNDED BY THE FOUNDATION, BREAKTHROUGHS IN RESEARCH BY FOUNDATION FUNDED SCIENTISTS AS WELL AS CURRENT CANCER INFORMATION. THIS INFORMATION IS ALSO AVAILABLE ON THE FOUNDATION WEBSITE.
RELATED EXPENSES INCURRED LISTED IN III 4A ADJUSTED FOR NEWSLETTER EXPENSE LISTED SEPARATELY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr M Johnson CEO | 50 | $183,000 | |
Ms L Cohen Schenkman Secretary | OfficerTrustee | 1 | $0 |
Mr J Goldblatt Director | Trustee | 1 | $0 |
Mrs A Nikitas Chairman | OfficerTrustee | 2 | $0 |
Mr T Noard Treasurer | OfficerTrustee | 2 | $0 |
Mr D Kinnear Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $114,846 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $223,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $338,588 |
| Total Program Service Revenue | $0 |
| Investment income | $317,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $419,968 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,076,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $770,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,667 |
| Compensation of current officers, directors, key employees. | $29,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $985 |
| Payroll taxes | $11,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,129 |
| Fees for services: Accounting | $15,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $94,405 |
| Fees for services: Other | $11,331 |
| Advertising and promotion | $19,629 |
| Office expenses | $3,422 |
| Information technology | $87 |
| Royalties | $0 |
| Occupancy | $1,354 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | -$16,001 |
| Total functional expenses | $1,083,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $11,101,614 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,900 |
| Total assets | $11,396,644 |
| Accounts payable and accrued expenses | $220 |
| Grants payable | $550,000 |
| 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 | $550,220 |
| Net assets without donor restrictions | $8,198,796 |
| Net assets with donor restrictions | $2,647,628 |
| 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 | $11,396,644 |
Grants Awarded
Over the last fiscal year, Cancer Research Foundation has awarded $770,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Saint Louis, MO PURPOSE: TO FUND RESEARCH IN EMERGING CANCER THERAPIES/CURES | $325,000 |
Chicago, IL PURPOSE: TO FUND RESEARCH IN EMERGING CANCER THERAPIES/CURES | $300,000 |
Evanston, IL PURPOSE: TO FUND RESEARCH IN EMERGING CANCER THERAPIES/CURES | $100,000 |
Chicago, IL PURPOSE: TO SUPPORT THE CHAPTER IN MISSION TO FUNDRAISE FOR CANCER RESEARCH GRANTS | $45,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cancer Research Foundation has recieved totaling $28,203.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, HEALTH | $10,000 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HEALTH | $10,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,203 |
Endowment Analysis
| Beg. Balance | $2,593,568 |
| Earnings | $225,937 |
| Admin Expense | $21,872 |
| Grants | $150,006 |
| Ending Balance | $2,647,627 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ulta Beauty Charitable Foundation Bolingbrook, IL | $10,193,540 | $17,881,824 |
University Of Kentucky Markey Cancer Foundation Inc Lexington, KY | $19,134,513 | $1,289,166 |
University Of Chicago Cancer Research Foundation Chicago, IL | $9,937,002 | $3,131,456 |
Bear Necessities Pediatric Cancer Foundation Chicago, IL | $2,315,118 | $1,700,490 |
Iowa Oncology Research Association Des Moines, IA | $652,663 | $1,300,527 |
Equal Hope Chicago, IL | $2,250,757 | $1,797,220 |
Cancer Research Foundation Chicago, IL | $11,396,644 | $1,076,545 |
Proton Collaborative Group Inc Warrenville, IL | $1,110,674 | $1,189,051 |
A Just Harvest Chicago, IL | $531,907 | $887,629 |
Hippocratic Cancer Research Foundation Inc Wheeling, IL | $548,559 | $543,863 |
Wood Hudson Cancer Research Laboratory Inc Newport, KY | $54,376,827 | $1,503,910 |
Jeffrey Pride Foundation Inc Barrington, IL | $90,138 | $492,555 |