Andrew Mcdonough B Positive Foundation

Organization Overview

Andrew Mcdonough B Positive Foundation is located in Wilmington, DE. The organization was established in 2008. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Andrew Mcdonough B Positive Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andrew Mcdonough B Positive 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, Andrew Mcdonough B Positive Foundation generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 14.0% 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, Andrew Mcdonough B Positive Foundation has awarded 178 individual grants totaling $9,561,186. 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

THE MISSION OF THE ANDREW MCDONOUGH B+ FOUNDATION IS TO FIGHT CHILDHOOD CANCER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAMILY ASSISTANCE- PROVIDES FINANCIAL ASSISTANCE AND EMOTIONAL SUPPORT TO FAMILIES WITH CHILDREN BATTLING CANCER. THE B+ FOUNDATION IS ONE OF THE LARGEST PROVIDERS OF FINANCIAL ASSISTANCE TO FAMILIES OF KIDS WITH CANCER, HAVING HELPED 2,750 FAMILIES FROM OVER 200 HOSPITALS NATIONWIDE IN 2019.


RESEARCH- PROVIDES FUNDING FOR CUTTING-EDGE PEDIATRIC CANCER RESEARCH STRIVING FOR CURES AND/OR ENHANCED TREATMENT PROTOCOLS.


AWARENESS & ADVOCACY- TO INCREASE SUPPORT AND AWARENESS OF CHILDHOOD CANCER; TO SPREAD THE "B+" MESSAGE AND INSPIRE OTHERS.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Mcdonough
President
$163,146
Robin Brinkley
Treasurer
$0
Dr Dash Dhanak
Director
$0
Deborah Lewis
Director
$0
Christine Mcdonough
Director
$0
Marco Diprinzio
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $76,222
All other contributions, gifts, grants, and similar amounts not included above$673,956
Noncash contributions included in lines 1a–1f $31,700
Total Revenue from Contributions, Gifts, Grants & Similar$750,178
Total Program Service Revenue$0
Investment income $271,842
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $49,453
Net Income from Fundraising Events $4,415,248
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $636
Miscellaneous Revenue$0
Total Revenue $5,566,397

Grants Awarded

Over the last fiscal year, Andrew Mcdonough B Positive Foundation has awarded $1,723,000 in support to 24 organizations.

Grant RecipientAmount

ACCELERATE

PURPOSE: PEDIATRIC CANCER RESEARCH

$200,000

CASE WESTERN RESERVE UNIVERSITY

Org PageRecipient Profile

Cleveland, OH

PURPOSE: PEDIATRIC CANCER RESEARCH

$150,000

SEATTLE CHILDRENS FOUNDATION

PURPOSE: PEDIATRIC CANCER RESEARCH

$100,000

ONCHOEROES BIOSCIENCES INC

PURPOSE: PEDIATRIC CANCER RESEARCH

$100,000

SEATTLE CHILDRENS HOSPITAL

PURPOSE: PEDIATRIC CANCER RESEARCH

$95,000

BAYLOR COLLEGE OF MEDICINE

Org PageRecipient Profile

Houston, TX

PURPOSE: PEDIATRIC CANCER RESEARCH

$75,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 53 grants that Andrew Mcdonough B Positive Foundation has recieved totaling $281,884.

Awarding OrganizationAmount
Incyte Charitable Giving Foundation

Wilmington, DE

PURPOSE: OPERATING

$75,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$58,299
Wawa Foundation Inc

Wawa, PA

PURPOSE: TO SUPPORT THE FOUNDATION PROGRAM INITIATIVES

$45,000
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$35,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$18,117
Alfred I Dupont Tr 12595005

Jacksonville, FL

PURPOSE: OPERATIONS

$11,000
View Grant Recipient Profile

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