Alexs Lemonade Stand Foundation
- Assets
- $23.3m
- Revenue
- $18.6m
- Investments
- $0.0
- Employees
- 70
- Location
- Bala Cynwyd, PA
- Founding
- 03/2005
- Data as of
- 12/2020
- EIN
- 56-2496146
Organization Overview
Alexs Lemonade Stand Foundation is located in Bala Cynwyd, PA. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Alexs Lemonade Stand Foundation employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Alexs Lemonade Stand Foundation generated $18.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $15.2m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Alexs Lemonade Stand Foundation has awarded 305 individual grants totaling $58,479,479. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PURPOSE IS TO RAISE FUNDS FOR PEDIATRIC CANCER TREATMENT AND RESEARCH. TO CHANGE THE LIVES OF CHILDREN WITH CANCER THROUGH FUNDING IMPACTFUL RESEARCH, RAISING AWARENESS, SUPPORTING, FAMILIES, AND EMPOWERING EVERYONE TO HELP CURE CHILDHOOD CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEDIATRIC CANCER RESEARCH FUND PROGRAM HIGHLIGHTS:- ALSF FUNDS CUTTING EDGE RESEARCH PROJECTS THAT SEEK TO FIND BETTER TREATMENTS FOR, AND CAUSES OF, CHILDHOOD CANCERS. PROJECTS ARE SELECTED THROUGH A COMPETITIVE GRANT REVIEW, WITH EACH APPLICATION RECEIVING MULTIPLE REVIEWS BY SCIENTISTS. THE FOCUS OF THE ALSF GRANT GIVING IS ON FILLING CRITICAL GAPS IN FUNDING FOR PEDIATRIC CANCER CURES, FROM EARLY INNOVATIVE SCIENCE ALL THE WAY THROUGH TO FIRST-IN-CHILDREN CLINICAL TRIALS. OF NOTE, ALSF IS ALSO THE ONLY CHILDHOOD CANCER RESEARCH ORGANIZATION THAT HAS BEEN GIVEN THE NCI PEER-REVIEWED FUNDER DESIGNATION FOR RIGOROUS SELECTION OF RESEARCH GRANTS. - WE FUND PROMISING RESEARCH LEADING INTO EFFECTIVE AND LESS TOXIC CURES FOR ALL TYPES OF PEDIATRIC CANCER AT INSTITUTIONS ACROSS THE COUNTRY. OUR PROJECTS ARE SELECTED THROUGH A RIGOROUS PEER REVIEW PROCESS. ALSF FOCUS ON EVERY ASPECT OF RESEARCH FROM SEED FUNDING FOR EARLY INNOVATIVE IDEAS TO SUPPORTING CLINICAL TRIALS FOR NEW THERAPIES FOR KIDS.
ALSF WORKS TO BRING AWARENESS AND UNDERSTANDING OF CHILDHOOD CANCER TO THE GENERAL PUBLIC AND TO CHILDHOOD CANCER FAMILIES. HIGHLIGHTS INCLUDE:- ALSF ENCOURAGES AND EMPOWERS VOLUNTEERISM IN TENS OF THOUSANDS OF VOLUNTEERS ANNUALLY. ALSF BELIEVES THAT EVERYONE CAN PARTICIPATE IN THE CAUSE; TO THAT END ALSF HAS CREATED AWARENESS AND FUNDRAISING MECHANISMS THAT ARE EASY TO USE, EMPOWER PEOPLE OF ALL AGES AND WALKS OF LIFE, AND BRING THE STORIES AND FACTS OF CHILDHOOD CANCER TO COMMUNITIES ACROSS THE COUNTRY. - THE ALSF WEBSITE PROVIDES INFORMATION, FACTS, AND EDUCATIONAL RESOURCES GEARED TOWARD FAMILIES OF CHILDREN WITH CANCER SO THAT FAMILIES ARE EMPOWERED IN THEIR FIGHT AGAINST CHILDHOOD CANCER.
ALSF HAS CREATED UNIQUE FAMILY SUPPORT PROGRAMS TO PROVIDE EMOTIONAL AND FINANCIAL SUPPORT TO FAMILIES WHILE THEIR CHILDREN ARE UNDERGOING TREATMENT FOR CANCER:- THE TRAVEL FOR CARE PROGRAM PROVIDES TRAVEL FOR FAMILIES WHO ARE FINANCIALLY BURDENED BY TRAVEL FOR TREATMENT FOR THEIR CHILDREN. THE PROGRAM IS UNIQUE IN THAT IT IS NOT A REIMBURSEMENT PROGRAM - FAMILIES' NEEDS ARE IDENTIFIED VIA SOCIAL WORKERS AND ALSF PROVIDES UPFRONT SUPPORT TO PAY FOR AIRFARE, GAS CARDS AND LODGING AS NEEDED. THIS TYPE OF SUPPORT ALLOWS FAMILIES TO HAVE ACCESS TO THE BEST CARE POSSIBLE FOR THEIR CHILD REGARDLESS OF WHERE THEY LIVE. 463 FAMILIES ACROSS ALL 50 STATES WERE HELPED, AND THE AVERAGE ANNUAL INCOME OF A FAMILY SUPPORTED VIA THE TRAVEL FOR CARE PROGRAM IN 2020 WAS $41,308. - THE FOUNDATION PROVIDES A VARIETY OF VALUABLE INTERACTIVE RESOURCES TO CHILDHOOD CANCER FAMILIES FROM SIBLING SUPPORT, CHILDHOOD CANCER AMBASSADOR OPPORTUNITIES AND A TREATMENT JOURNAL FOR THE CHILDHOOD CANCER JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Scott Co-Executive Director | OfficerTrustee | 40 | $155,465 |
Jason Scott Co-Executive Director | OfficerTrustee | 40 | $149,455 |
Jaclyn Taroni Data Scientist | 40 | $130,564 | |
Yonay Taylor Chief Accounting Officer | 40 | $101,593 | |
Kristin Kelly Vice Chair | OfficerTrustee | 1 | $0 |
Larry Vincent Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marriott Business Services Event Venue And Catering | 12/30/19 | $215,423 |
Town Country Event Rentals Event Rentals | 12/30/19 | $110,708 |
Clever Name Here Inc Website Development | 12/30/19 | $115,984 |
Warwick Hotel Event Venue And Catering | 12/30/19 | $109,047 |
Childhood Cancer Guides Childhood Cancer Guides Book Agreement | 12/30/19 | $258,427 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $88,670 |
| Membership dues | $0 |
| Fundraising events | $1,648,314 |
| Related organizations | $0 |
| Government grants | $615,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,307,014 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,658,998 |
| Total Program Service Revenue | $0 |
| Investment income | $235,273 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,630,222 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,661 |
| Net Income from Fundraising Events | $25,683 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,271 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,580,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,295,855 |
| Grants and other assistance to domestic individuals. | $956,116 |
| Grants and other assistance to Foreign Orgs/Individuals | $300,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $345,097 |
| Compensation of current officers, directors, key employees. | $52,066 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,173,385 |
| Pension plan accruals and contributions | $43,109 |
| Other employee benefits | $329,389 |
| Payroll taxes | $282,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,372 |
| Office expenses | $30,045 |
| Information technology | $220,218 |
| Royalties | $0 |
| Occupancy | $342,722 |
| Travel | $15,485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,373 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,310 |
| Insurance | $28,193 |
| All other expenses | $153,105 |
| Total functional expenses | $15,197,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,482 |
| Savings and temporary cash investments | $13,062,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $372,403 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $126,631 |
| Prepaid expenses and deferred charges | $146,650 |
| Net Land, buildings, and equipment | $245,795 |
| Investments—publicly traded securities | $9,010,701 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $183,750 |
| Other assets | $29,817 |
| Total assets | $23,320,429 |
| Accounts payable and accrued expenses | $321,378 |
| Grants payable | $3,628,031 |
| Deferred revenue | $391,419 |
| 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 | $22,253 |
| Total liabilities | $4,363,081 |
| Net assets without donor restrictions | $13,486,528 |
| Net assets with donor restrictions | $5,470,820 |
| 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 | $23,320,429 |
Grants Awarded
Over the last fiscal year, Alexs Lemonade Stand Foundation has awarded $8,266,520 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: PEDIATRIC CANCER RESEARCH | $919,116 |
Boston, MA PURPOSE: PEDIATRIC CANCER RESEARCH | $719,753 |
Philadelphia, PA PURPOSE: PEDIATRIC CANCER RESEARCH | $688,255 |
Columbus, OH PURPOSE: PEDIATRIC CANCER RESEARCH | $410,000 |
UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER PURPOSE: PEDIATRIC CANCER RESEARCH | $405,000 |
Baltimore, MD PURPOSE: PEDIATRIC CANCER RESEARCH | $387,368 |
Grants Recieved
Over the last fiscal year, we have identified 39 grants that Alexs Lemonade Stand Foundation has recieved totaling $211,319.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $129,747 |
Smidt Fam Foundation Newbury Park, CA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE. | $25,000 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $22,168 |
Americas Charities Chantilly, VA PURPOSE: GENERAL SUPPORT | $5,524 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $2,536,136 |
| Earnings | $396,546 |
| Net Contributions | $85,187 |
| Other Expense | $68,000 |
| Ending Balance | $2,949,869 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peter G Peterson Foundation New York, NY | $0 | $10,858,758 |
Prudential Foundation Inc Newark, NJ | $0 | $15,805,071 |
John J & Mary R Schiff Foundation Cincinnati, OH | $180,733,511 | $18,837,638 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $442,454,034 | $13,185,067 |
David Tepper Charitable Foundation Inc Livingston, NJ | $603,593,894 | $11,057,620 |
Service Coordination Inc Frederick, MD | $15,487,137 | $41,747,594 |
Bristol-Myers Squibb Foundation Inc New York, NY | $116,747,456 | $59,283,545 |
George Gund Foundation Cleveland, OH | $464,657,090 | $60,439,146 |
Hess Foundation Inc Roseland, NJ | $0 | $38,037,769 |
Bainum Family Foundation Bethesda, MD | $620,744,287 | $60,288,788 |
Leon Levy Foundation New York, NY | $457,096,237 | $26,900,546 |
Dietrich Foundation Pittsburgh, PA | $1,082,174,638 | $76,422,895 |