The Matthew Larson Foundation For Pediatric Brain Tumors
- Assets
- $7.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Franklin Lakes, NJ
- Founding
- 06/2007
- Data as of
- 03/2022
- EIN
- 37-1540551
Organization Overview
The Matthew Larson Foundation For Pediatric Brain Tumors is located in Franklin Lakes, NJ. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2022, Matthew Larson Foundation For Pediatric Brain Tumors employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matthew Larson Foundation For Pediatric Brain Tumors 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, Matthew Larson Foundation For Pediatric Brain Tumors generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.5m during the year ending 03/2022. While expenses have increased by 8.2% 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, Matthew Larson Foundation For Pediatric Brain Tumors has awarded 48 individual grants totaling $3,915,000. 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
SEE MISSION STATEMENT BELOWTO RAISE THE AWARNESS AND FUNDS NECESSARY TO OVERCOME PEDIATRIC BRAIN TUMORS AND TO HELP THE CHILDREN AND FAMILIES AFFECTED BY THEM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION (AKA "IRONMATT") FUNDS CUTTING-EDGE RESEARCH TO ULTIMATELY FIND A CURE FOR PEDIATRIC BRAIN TUMORS. IRONMATT ALSO SUPPORTS INVESTIGATORS LOOKING INTO WAYS TO LESSEN THE NEGATIVE LONG-TERM EFFECTS THAT TREATMENT INCLUDING SURGERY, CHEMOTHERAPY, AND RADIATION HAVE ON A CHILKD'S GROWING BRAIN. A MEDICAL ADVISORY COMITTE, COMPOSED OF DOCTORS FROM PROMINENT RESEARCH HOSPITALS NATIONWIDE, GUIDES, COMPOSED OF DOCTORS FROM PROMINENT RESEARCH HOSPITALS NATIONWIDE, GUIDES THE FOUNDATION IN DETERMINING THE SCIENTIFIC MERIT OF MEDICAL GRANTS.
IRONMATT PROVIDES ASSISTANCE TO QUALIFIED FAMILIES WHO HAVE A CHILD UNDERGOING TREATMENT FOR A BRAIN OR CENTRAL NERVOUS SYSTEM (CNS) CANCER. HARDSHIPS ASSOCIATED WITH HAVING A CHILD DIAGNOSED WITH A CANCER INCLUDE INCREASED EXPENSES AS THEY EXPERIENCE A DIFFICULT TREATMENT REGIMEN OR EXTENDED HOSPITALIZATION.
IRONMATT INCREASES AWARENESS OF PEDIATRIC BRAIN TUMORS THROUGH PARTICIPATION IN ASSOCIATIONS AND SPONSORSHIP OF SYMPOSIUMS. IRONMATT COLLABORATED WITH LEADING NONPROFIT ORGANIZATIONS TO WORK TOGETHER TO RAISE AWARENESS AND ADVANCE RESEARCH IN AN EFFORT TO FIND A CUREOF CHILDHOOD CANCERS.IRONMATT CO-SPONSORS SYMPOSIUMS THAT BRING TOGETHER HEALTHCAARE PROFESSIONALS FROM AROUND THE WORLD TO PRESENT CURRENT TRENDS IN CARE, MANAGEMENT AND TREATMENT OF PATIENTS WITH CENTRAL NERVOUS SYSTEM TUMORS.THIS PROVIDES A PLATFORM AT WHICH NEW INFORMATION AND RESULTS CAN BE SHARED AND NEW COLLABORATIONS CAN BE ESTABLISHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Larson President | OfficerTrustee | 25 | $0 |
Natalie Larson Asst Treasurer | OfficerTrustee | 15 | $0 |
Mark Durfee Treasurer | OfficerTrustee | 5 | $0 |
Nicole Kincade-Dye Secretary | OfficerTrustee | 10 | $0 |
Kirsten Kincade Vice President | OfficerTrustee | 15 | $0 |
Kerry Holder Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $135,310 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,832 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,142 |
| Total Program Service Revenue | $0 |
| Investment income | $241,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $860,698 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,306,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,012,058 |
| Grants and other assistance to domestic individuals. | $344,471 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,119 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,524 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,006 |
| 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 | $0 |
| Insurance | $3,703 |
| All other expenses | $1,643 |
| Total functional expenses | $1,525,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,115 |
| Savings and temporary cash investments | $502,213 |
| 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 | $44,832 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,571,546 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,223,706 |
| Accounts payable and accrued expenses | $17,219 |
| 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 | $17,219 |
| Net assets without donor restrictions | $7,206,487 |
| Net assets with donor restrictions | $0 |
| 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 | $7,223,706 |
Grants Awarded
Over the last fiscal year, The Matthew Larson Foundation For Pediatric Brain Tumors has awarded $975,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: MEDL RESEARCH | $100,000 |
PURPOSE: MEDL RESEARCH | $100,000 |
New York, NY PURPOSE: MEDL RESEARCH | $100,000 |
Santa Cruz, CA PURPOSE: MEDL RESEARCH | $75,000 |
Seattle, WA PURPOSE: MEDL RESEARCH | $75,000 |
Memphis, TN PURPOSE: MEDL RESEARCH | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that The Matthew Larson Foundation For Pediatric Brain Tumors has recieved totaling $98,879.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $20,766 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: MEDICAL/SCIENTIFIC RESEARCH & PROGRAMS | $16,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $12,100 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $12,019 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,956 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
Student Leadership Network Inc New York, NY | $11,626,545 | $12,224,104 |
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |