Chance For Hope Foundation is located in Pearland, TX. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chance For Hope 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 12/2022, Chance For Hope Foundation generated $365.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $323.1k during the year ending 12/2022. While expenses have increased by 11.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORTING SERVICES FOR CHILDREN WITH CANCER, AND THE FAMILIES OF THOSE CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHANCE FOR HOPE FOUNDATION SIGNED ITS FIRST APARTMENT LEASE IN NOVEMBER 2014 AND NOW HAS MULTIPLE RESIDENCES PROVIDING OVER 1,800 NIGHTS OF FREE LODGING ANNUALLY. THE CHANCE FOR HOPE RESIDENCES ARE FULLY FURNISHED ONE-BEDROOM APARTMENTS IN THE TEXAS MEDICAL CENTER, PROVIDED AT NO COST TO FAMILIES TRAVELING TO HOUSTON FOR PEDIATRIC CANCER TREATMENTS. THE RESIDENCES ARE PROVIDED ON A FIRST COME, FIRST SERVE BASIS, AND OFFER A SHUTTLE SERVICE THAT PROVIDES QUICK ACCESS TO TEXAS CHILDREN'S HOSPITAL AND THE UNIVERSITY OF TEXAS MD ANDERSON CHILDREN'S CANCER HOSPITAL AND PROTON THERAPY CENTER. IN 2022, THIS PROGRAM SERVED 33 FAMILIES.
DESPITE THE TRAGEDY OF CHILDREN LOST TO CANCER, CHILDHOOD CANCERS OF ALL TYPES RECEIVE ONLY 4% OF U.S. FEDERAL FUNDING FOR CANCER RESEARCH. THIS DISPARITY IS SIGNIFICANT BECAUSE CHILDHOOD CANCERS ARE NOT THE SAME AS ADULT CANCERS, AND THEREFORE TREATMENT PROTOCOLS AND THERAPIES ARE NOT INTERCHANGEABLE. IN 2015, THE CHANCE FOR HOPE FOUNDATION COMMENCED ITS RESEARCH ENDEAVORS, WITH THE GOAL OF REDUCING THIS MAJOR FUNDING GAP. AS PART OF THIS EFFORT, THE FOUNDATION FUNDS AND MONITORS RESEARCH INITIATIVES DESIGNED TO IMPROVE TREATMENT PROTOCOLS AND ULTIMATELY TO FIND A CURE FOR CHILDHOOD CANCER, WITH A FOCUS ON CANCER OF THE BRAIN AND CENTRAL NERVOUS SYSTEM, WHICH IS NOW THE DEADLIEST FORM OF CANCER IN CHILDREN AND COMPRISES 18% OF ALL PEDIATRIC CANCER DIAGNOSES. WE UNDERSTAND THAT THE CHALLENGE OF FINDING A CURE FOR CHILDHOOD CANCER IS SIGNIFICANT, AND THAT RESEARCH FUNDING NEEDS ARE GREAT, BUT THE FUNDS WE RAISE TOGETHER, ALONG WITH EFFORTS OF CHILDHOOD CANCER ORGANIZATIONS ACROSS THE GLOBE, CAN AND WILL MAKE A DIFFERENCE. TO EASE THE FINANCIAL BURDEN CARRIED BY MOST FAMILIES OF PEDIATRIC CANCER, THE FOUNDATION CONDUCTS AN ANNUAL GIFT CARD DRIVE FOR CHILDREN IN TREATMENT TO PURCHASE BACK TO SCHOOL SUPPLIES.
THE FOUNDATION PROVIDES MEAL DELIVERIES TO FAMILIES AT TEXAS CHILDREN'S HOSPITAL AND MD ANDERSON TWICE MONTHLY. WHEN CHILDREN ARE UNDERGOING IN-PATIENT CANCER TREATMENT, OFTEN ONE PARENT MUST REMAIN EMPLOYED WHILE THE OTHER PARENT SUPPORTS THEIR CHILD AS PRIMARY CAREGIVER PROVIDING AROUND-THE-CLOCK CARE FOR THEIR CHILDREN. THIS MAKES IT DIFFICULT FOR THE PARENT TO LEAVE THE HOSPITAL FLOOR TO GET FOOD. SELF-CARE OF THE CAREGIVER IS CRITICAL DURING THIS EXTREMELY STRESSFUL TIME. IN 2022, THIS PROGRAM SERVED 4,638 INDIVIDUALS. AT THE END OF 2021 THE FOUNDATION ADDED THE SNACK CART PROGRAM. THIS PROGRAM SERVES CHILDREN UNDERGOING OUTPATIENT CANCER TREATMENT AT TEXAS CHILDREN'S CANCER CLINIC, AND THE MD ANDERSON CHILDREN'S CANCER CLINIC AND PROTON THERAPY CENTER. THE SNACK CART WILL PROVIDE REFRESHMENTS FOR KIDS DURING CHALLENGING AND SOMETIMES LENGTHY CHEMOTHERAPY, RADIATION, BLOOD TRANSFUSIONS AND OTHER OUTPATIENT MEDICAL TREATMENTS. THIS CART GETS REPLENISHED MONTHLY WITH A LARGE ASSORTMENT OF SNACKS. IN 2022 THE SNACK CART SERVED OVER 14,000 INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrea Davidson President And Treasurer | OfficerTrustee | 30 | $0 |
Scott Davidson Secretary | OfficerTrustee | 5 | $0 |
Natalie Aloia Director | Trustee | 2 | $0 |
Kadisha Davidson Director | Trustee | 2 | $0 |
Joe Davidson Director | Trustee | 2 | $0 |
Keely Moore Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $114,277 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $227,881 |
Noncash contributions included in lines 1a–1f | $15,310 |
Total Revenue from Contributions, Gifts, Grants & Similar | $342,158 |
Total Program Service Revenue | $0 |
Investment income | $2,608 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,417 |
Net Income from Gaming Activities | $16,469 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $365,652 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
Grants and other assistance to domestic individuals. | $208,811 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,334 |
Advertising and promotion | $0 |
Office expenses | $29,712 |
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 | $1,261 |
All other expenses | $0 |
Total functional expenses | $323,118 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $219,216 |
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 | $15,526 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $483,097 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $717,839 |
Accounts payable and accrued expenses | $13,668 |
Grants payable | $0 |
Deferred revenue | $11,500 |
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 | $25,168 |
Net assets without donor restrictions | $692,671 |
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 | $717,839 |
Over the last fiscal year, we have identified 9 grants that Chance For Hope Foundation has recieved totaling $55,680.
Awarding Organization | Amount |
---|---|
Junior League Of Houston Inc Houston, TX PURPOSE: Community Assistance | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $14,500 |
Law Rocks Inc El Segundo, CA PURPOSE: GENERAL SUPPORT | $5,170 |
Dazzio-Gutierrez Family Foundation Houston, TX PURPOSE: GENERAL PURPOSE | $5,000 |
Albert And Ethel Herzstein Charitable Foundation Houston, TX PURPOSE: TOWARDS SUPPORT OF GENERAL OPERATIONS. | $5,000 |
Kayser Foundation Houston, TX PURPOSE: SUPPORT OF A PROGRAM THAT PROVIDES SUPPORT SERVICES FOR CHILDREN FIGHTING CANCER. THE ORGANIZATION ALSO SUPPORTS PEDIATRIC CANCER RESEARCH. | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |