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Alliance For Cancer Gene Therapy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061619523 ✦ Stamford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Alliance For Cancer Gene Therapy Inc?

Alliance for Cancer Gene Therapy Inc., based in Stamford, Connecticut, is a nonprofit organization dedicated to advancing cancer treatment. They fund clinical investigator grants to innovative scientists at premier academic institutions across the United States, focusing on developing cancer cell and gene therapies for various types of cancers such as lung, pancreatic, prostate, ovarian, brain cancers, pediatric sarcomas, and cancer metastasis. The organization collaborates with other multi-disciplinary 501(c)(3) organizations, increasing public awareness of cell and gene therapy research through seminars, their website, social media, and marketing materials. Their mission is to drive breakthrough cell and gene research, leveraging the body's immune system to defeat cancer through innovative research and programs that empower leading scientific minds. They aim to transform cancer treatments today while bringing the world closer to a cure for all cancers tomorrow, with a total of 2 employees.


Official website here: www.acgtfoundation.org

What are the reviews and ratings of this charity?

100%

Alliance For Cancer Gene Therapy Inc has received a four-star rating from Charity Navigator, reflecting its exemplary accountability and finance practices. The organization boasts a perfect score of 100% in accountability and finance, highlighting the independence of its board members, robust financial oversight, and a strong commitment to transparency. With a program expense ratio of 92.49%, it ensures that the vast majority of donations are allocated directly to research and development initiatives, which is a noteworthy strength.

User feedback from Great Nonprofits further underscores the organization's impact and dedication. Reviewers have praised Alliance For Cancer Gene Therapy for its commitment to advancing cancer gene therapy research, noting that it is uniquely focused on cell and gene-based therapies. The organization has successfully funded multiple research projects, with several approved for human clinical trials, demonstrating its significant role in the field.

While the ratings and reviews are overwhelmingly positive, it is important to consider the potential limitations that come with such a specialized focus. As the only charity in the U.S. dedicated exclusively to cancer gene therapy, its scope may be narrower than other organizations that tackle a wider range of cancer-related initiatives. However, the clear commitment to advancing specific treatments and the direct application of research to patient care is a significant advantage.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Alliance For Cancer Gene Therapy Inc legitimate?

Alliance For Cancer Gene Therapy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance For Cancer Gene Therapy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $267,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,123

For more financial information, click here


Official website here: www.acgtfoundation.org

What is the mission statement of Alliance For Cancer Gene Therapy Inc?

The Alliance for Cancer Gene Therapy Inc's mission is centered around driving advancements in cell and gene research. Their primary goal is to develop living medicines that utilize the immune system to combat cancer. They accomplish this through innovative research and programs that support leading scientific minds. The Alliance is uniquely positioned to transform current cancer treatments while bringing the world closer to a cure for all cancers in the future. Their mission is simple yet ambitious, aiming to revolutionize cancer treatment methods with the power of cell and gene therapy.


Official website here: www.acgtfoundation.org

Who is the CEO of Alliance For Cancer Gene Therapy Inc?

Kevin Honeycutt is the Honorary Chairman of Alliance For Cancer Gene Therapy Inc. The CEO's salary of Alliance For Cancer Gene Therapy Inc is $0 and their total compensation is $0.


Official website here: www.acgtfoundation.org

What is the revenue of Alliance For Cancer Gene Therapy Inc?

Alliance For Cancer Gene Therapy Inc's revenue in 2023 was $3,231,770.


Official website here: www.acgtfoundation.org

Who are the executives of Alliance For Cancer Gene Therapy Inc and what are their salaries?

The average compensation at Alliance For Cancer Gene Therapy Inc during 2023 was $195,852. There are 2 employees at Alliance For Cancer Gene Therapy Inc.


Here are 18 key members and their salaries (Alliance For Cancer Gene Therapy Inc's CEO's salary is $0 and their total compensation is $0):


Barbara Netter (Honorary Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Honeycutt (President, Ceo & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gbola Amusamd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Burgess Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Englander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Fardis Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter A Glicklich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chau Khuong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John L Lahey Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Landes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chen Schor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John C Sites Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klaus Veitinger Md Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Winter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Lavery (Chief Program Officer)
  • Compensation: $235,943
  • Related: $0
  • Other: $18,748
H William Smith (Vice President, Legal, Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Herman (Vice President, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acgtfoundation.org

Where can I find the form 990 for Alliance For Cancer Gene Therapy Inc?

Alliance For Cancer Gene Therapy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.acgtfoundation.org

Learn more at the official website: www.acgtfoundation.org

Mission Statement of Alliance For Cancer Gene Therapy Inc

The Alliance for Cancer Gene Therapy Inc is committed to driving breakthrough research in cell and gene therapy. Their mission is to empower the leading scientific minds by funding innovative projects that leverage the body's immune system to defeat cancer. The organization aims to transform the way cancer is treated today and bring the world closer to a cure for all cancers tomorrow. By investing in cutting-edge research and programs, the Alliance for Cancer Gene Therapy Inc seeks to harness the power of cell and gene therapy, ultimately transforming cancer treatments and making significant strides towards a cancer-free future.

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Impact




July, 2024

Alliance For Cancer Gene Therapy Inc's impact is significant in driving breakthrough cell and gene research to develop living medicines that leverage the body's immune system to defeat cancer. By funding innovative scientists and supporting translational research at top academic institutions in the U.S., the organization is actively working towards finding new treatments for various types of cancers including lung, pancreatic, prostate, ovarian, and brain cancers, as well as pediatric sarcomas and cancer metastasis. Additionally, ACGT collaborates with other organizations focused on cell and gene therapy research, increasing public awareness of these advancements through various channels. Through their efforts, ACGT is contributing to transforming cancer treatments today and bringing the world closer to a cure for all cancers tomorrow.




This information is meant to be a general summary of Alliance For Cancer Gene Therapy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,231,770 (2023)
Expenses
$2,498,579 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $435,133
  • Program Service Revenue: $196,753
  • Gross Receipts: $3,582,115

Assets and Liabilities:

  • Total Assets: $7,929,383
  • Total Liabilities: $1,674,066
  • Net Assets: $6,255,317

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Organization Details

Founding Year

2001

Principal Officer

Kevin Honeycutt

Main Address

96 CUMMINGS POINT ROAD, STAMFORD, CT, 06902

NTEE Category

Code: T30 - Philanthropy

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