Overview
What is Teddy Bear Cancer Foundation?
Teddy Bear Cancer Foundation is a compassionate nonprofit based in Santa Barbara, California, dedicated to supporting families navigating the challenges of pediatric cancer. In 2022, they served over 2,000 individuals from 213 families through various programs, including financial assistance, educational advocacy, emotional support, and new partnerships. The foundation eliminated its original tiered structure, ensuring all eligible families receive the full $5,000. They also launched a New Diagnosis Fund and increased funding for families in need. In addition to financial aid, the organization offers emotional support through family counseling groups, individual and couples counseling, and family connection events. The foundation's endeavors extend to educational advocacy, mental health resources, and community collaborations, aiming to provide comprehensive support for families affected by pediatric cancer.
Official website here: www.teddybearcancerfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Teddy Bear Cancer Foundation has received a commendable score of 90% from Charity Navigator, indicating strong performance in accountability and finance as evidenced by a perfect score of 100 in both categories. The organization demonstrates a solid program expense ratio of 77.81%, showing a significant allocation towards its programs, while maintaining a low liabilities to assets ratio of 3.28%. The board is composed entirely of independent members, which enhances transparency and governance.
User reviews from Great Nonprofits highlight the impactful work the organization does to support families coping with pediatric cancer. Reviewers commend the foundation for its emotional, educational, and financial assistance, emphasizing its vital role as a lifeline for families during their challenging times. The positive testimonials reflect a strong sense of appreciation from those directly involved with or benefiting from the organization.
While the organization shows great strengths in its mission and operations, some user feedback could indicate a desire for further expansion in awareness and outreach. Nonetheless, the overall sentiment surrounding Teddy Bear Cancer Foundation is overwhelmingly positive, with high praise for its commitment to making a difference in the lives of affected families.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Teddy Bear Cancer Foundation legitimate?
Teddy Bear Cancer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teddy Bear Cancer Foundation 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: $162,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,597
For more financial information, click here
Official website here: www.teddybearcancerfoundation.org
What is the mission statement of Teddy Bear Cancer Foundation?
The Teddy Bear Cancer Foundation is a non-profit organization committed to providing both financial and emotional support to families of children with cancer. Their mission is to alleviate the financial stress and offer emotional aid to these families, serving families in Santa Barbara, Ventura, and San Luis Obispo counties. The foundation has implemented various programs such as financial stability, educational advocacy, and emotional support. They have enhanced their financial stability program by providing each qualifying family with a full $5,000 grant, increased the number of families served, and launched new funds for secondary diagnoses. In addition, they have developed new partnerships and programs, including transportation and lodging for families, individual counseling, and financial literacy training. The foundation's primary goal is to ensure families have the necessary resources and emotional support during their children's cancer treatment journey.
Official website here: www.teddybearcancerfoundation.org
Who is the CEO of Teddy Bear Cancer Foundation?
J Paul Gignac is the Chair of Teddy Bear Cancer Foundation.
Official website here: www.teddybearcancerfoundation.org
What is the revenue of Teddy Bear Cancer Foundation?
Teddy Bear Cancer Foundation's revenue in 2022 was $1,642,317.
Official website here: www.teddybearcancerfoundation.org
Who are the executives of Teddy Bear Cancer Foundation and what are their salaries?
The average compensation at Teddy Bear Cancer Foundation during 2022 was $61,841. There are 10 employees and 889 volunteers at Teddy Bear Cancer Foundation.
Here are 16 key members and their salaries:
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Official website here: www.teddybearcancerfoundation.org
Where can I find the form 990 for Teddy Bear Cancer Foundation?
Teddy Bear Cancer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teddybearcancerfoundation.org
Learn more at the official website: www.teddybearcancerfoundation.org
Mission Statement of Teddy Bear Cancer Foundation
Teddy Bear Cancer Foundation is a non-profit organization that dedicates its efforts to providing both financial and emotional support to families who have children diagnosed with cancer residing in Santa Barbara, Ventura, and San Luis Obispo counties. Their mission is to alleviate the financial burdens and emotional stress that these families often face during such challenging times.
The foundation aims to help families navigate through the complexities of treatment and recovery by offering various programs. These programs, such as financial stability, educational advocacy, and emotional support, are designed to meet the unique needs of each family. The financial stability programs provide families with necessary funds, while the educational advocacy programs ensure that siblings receive tutoring support. The emotional support programs, on the other hand, offer family counseling, individual and couples counseling, and various family connection events.
The Teddy Bear Cancer Foundation also works towards enhancing the overall well-being of these families. For instance, they have developed partnerships with organizations like the American Cancer Society and Starfish Connection Foundation, which have enabled them to provide transportation and lodging assistance, as well as additional funding for families in need. Their initiatives also include projects like Project Holiday and Care for the Caregivers, which aim to bring joy and support to families during special occasions and challenging times.
In summary, Teddy Bear Cancer Foundation serves as a compassionate and supportive partner to families dealing with pediatric cancer. By providing financial aid, educational advocacy, and emotional support, the foundation helps these families navigate their journeys with resilience and hope.
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Impact
October, 2024
The Teddy Bear Cancer Foundation significantly improves the lives of families affected by childhood cancer in Santa Barbara, Ventura, and San Luis Obispo counties. In 2022, the organization provided support to 213 families, encompassing 925 individuals through various programs designed to ease the emotional and financial burdens of cancer treatment.
One major area of impact is financial stability. The foundation restructured its financial assistance program, ensuring every qualifying family received the full $5,000 in Direct Financial Assistance (DFA) without the previous tiered limits, benefiting 46 families. This initiative represents an 18% increase in families served compared to 2021. The establishment of a New Diagnosis Fund additionally supports families encountering multiple diagnoses, offering up to $2,500 for new challenges as they arise.
The foundation also addresses logistical challenges through transportation and lodging programs, thanks to a $70,000 grant from the American Cancer Society. These services enable families to access necessary treatments without the added stress of travel costs. Alongside this, 161 families received vital support through the Bear Necessities Program, which provided grocery, gas, and hotel gift cards, totaling over $63,000 in assistance.
Emotional support is another critical focus area, with an increase in attendance at family counseling sessions by 52%, alongside individual and couples counseling services. Programs like family connection events and holiday celebrations create a sense of community and normalcy, bringing joy and relief to affected families.
Additionally, educational advocacy services have expanded to include siblings in tutoring programs, fostering a holistic approach to family support. This comprehensive blend of financial aid, emotional support, educational services, and community engagement allows the Teddy Bear Cancer Foundation to make a profound and lasting impact on families facing the challenges of childhood cancer, helping them navigate their journeys with greater ease and hope.
This information is meant to be a general summary of Teddy Bear Cancer Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,336
- Gross Receipts: $2,076,097
Assets and Liabilities:
- Total Assets: $2,198,428
- Total Liabilities: $72,301
- Net Assets: $2,126,127
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Organization Details
Founding Year
2003
Phone
(805) 962-7466Principal Officer
J Paul Gignac
Main Address
3892 STATE STREET 220, SANTA BARBARA, CA, 93105
NTEE Category
Code: E86 - Health
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