Cancer Research Foundation
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Chicago, IL
- Founding
- 12/2017
- Data as of
- 03/2022
- EIN
- 81-2771469
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. As of 03/2022, Cancer Research Foundation employed 4 individuals. This organization is a subordinate organization within 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 $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.3% each year . All expenses for the organization totaled $440.0k during the year ending 03/2022. While expenses have increased by 21.3% per year over the past 6 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
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
PAYROLL AND PAYROLL TAXES
RELATED EXPENSES INCURRED LISTED IN III 4A LESS PAYROLL EXPENSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mrs A Nikitas Chairman/ Program Director | OfficerTrustee | 15 | $63,000 |
Mr M Locke President | OfficerTrustee | 1 | $0 |
Mrt Noard Treasurer | OfficerTrustee | 1 | $0 |
Mr D Kinnear Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,678 |
| Fundraising events | $915,031 |
| Related organizations | $512,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,832 |
| Noncash contributions included in lines 1a–1f | $87,737 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,710,541 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82 |
| Net Income from Fundraising Events | -$11,717 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,698,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,000 |
| Compensation of current officers, directors, key employees. | $12,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $161,128 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $925 |
| Payroll taxes | $10,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,327 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,382 |
| Office expenses | $37,707 |
| Information technology | $6,058 |
| Royalties | $0 |
| Occupancy | $12,506 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,367 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $943 |
| All other expenses | $775 |
| Total functional expenses | $439,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,350,763 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,543 |
| 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 | $1,390 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,355,696 |
| Accounts payable and accrued expenses | $31,555 |
| Grants payable | $50,000 |
| 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 | $81,555 |
| Net assets without donor restrictions | $1,274,141 |
| 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 | $1,355,696 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Cancer Research Foundation has recieved totaling $3,739,282.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $3,668,500 |
Cancer Research Foundation Chicago, IL PURPOSE: TO SUPPORT THE CHAPTER IN MISSION TO FUNDRAISE FOR CANCER RESEARCH GRANTS | $45,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $392 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $390 |
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 |