Overview
What is National Immunotherapy Cancer Research Foundation?
The National Immunotherapy Cancer Research Foundation, based in Flemington, New Jersey, is a nonprofit organization dedicated to supporting and improving cancer research. They primarily provide grants to Section 501(c)(3) organizations focusing on immunotherapy, a promising field in cancer treatment. Additionally, the foundation supports organizations that enhance education and care for cancer patients. In 2020, they made a significant commitment of $1,000,000 to The Hole in the Wall Gang, a children's cancer charity, to fund camps and services. This grant is scheduled to be disbursed over an 8-year period, with an annual payment of $125,000 from 2020 to 2027.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
The National Immunotherapy Cancer Research Foundation has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score is derived from a single beacon score, emphasizing the charity's commitment to transparency and responsible financial practices. With a program expense ratio of 94.26%, the organization demonstrates a strong focus on its primary mission to support cancer research.
Strengths of the foundation include a fully independent board, which ensures unbiased governance, as well as a robust conflict of interest policy. The charity has reported no material diversion of assets, and it actively documents its board meeting minutes, reflecting a commitment to transparency in its operations. These factors contribute to the charity's favorable rating in terms of accountability and finance.
However, while the organization scores well in many areas, its liabilities to assets ratio of 56.62% could indicate potential financial risks if not managed carefully. Overall, the foundation appears to be a responsible choice for donors looking to support cancer research initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is National Immunotherapy Cancer Research Foundation legitimate?
National Immunotherapy Cancer Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Immunotherapy Cancer Research 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.
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What is the mission statement of National Immunotherapy Cancer Research Foundation?
The National Immunotherapy Cancer Research Foundation's mission is to support organizations that advance and enhance scientific research in immunotherapy and promote, advance, and improve the education and support for cancer patients. By providing grants to Section 501(c)(3) organizations, the foundation aims to contribute to the advancement of immunotherapy and improve the quality of life for cancer patients. As part of its mission, the foundation made a significant commitment of 1 million dollars to fund camps and other services for children with cancer, with the grant being paid over an eight-year period.
Who is the CEO of National Immunotherapy Cancer Research Foundation?
Robert A Facchina is the Director of National Immunotherapy Cancer Research Foundation.
What is the revenue of National Immunotherapy Cancer Research Foundation?
National Immunotherapy Cancer Research Foundation's revenue in 2022 was $4,423.
Who are the executives of National Immunotherapy Cancer Research Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for National Immunotherapy Cancer Research Foundation?
National Immunotherapy Cancer Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Immunotherapy Cancer Research Foundation
The National Immunotherapy Cancer Research Foundation is dedicated to supporting and advancing the field of immunotherapy research. This nonprofit organization provides grants to Section 501(c)(3) organizations that are actively working to improve scientific research in immunotherapy. Furthermore, it supports organizations that aim to enhance and improve the education and support systems for cancer patients. By funding these initiatives, the National Immunotherapy Cancer Research Foundation seeks to contribute to the development of innovative immunotherapy treatments and improve the overall experience for individuals battling cancer.
In line with its mission, the National Immunotherapy Cancer Research Foundation has made significant commitments to organizations that align with its goals. For instance, in July 2020, the foundation pledged a million-dollar grant to The Hole in the Wall Gang, an organization that provides camps and other services for children with cancer. This grant is set to be disbursed over an eight-year period, with an annual contribution of 125,000 dollars from 2020 to 2027. This commitment reflects the foundation's long-term investment in supporting organizations that make a difference in the lives of cancer patients and their families.
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Impact
August, 2024
The National Immunotherapy Cancer Research Foundation's impact lies in providing grants to organizations that advance and improve scientific research in immunotherapy as well as supporting organizations that promote education and support for cancer patients. Through their funding initiatives, they contribute to the advancement of innovative treatments and support services for those affected by cancer. Their commitment to funding initiatives like camps for children with cancer demonstrates a long-term investment in improving the lives of individuals facing cancer diagnoses.
This information is meant to be a general summary of National Immunotherapy Cancer Research 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: $2,066
- Gross Receipts: $28,327
Assets and Liabilities:
- Total Assets: $1,104,751
- Total Liabilities: $625,554
- Net Assets: $479,197
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Organization Details
Founding Year
1990
Phone
(908) 788-2200Principal Officer
Robert A Facchina
Main Address
PO BOX 272, FLEMINGTON, NJ, 08822
NTEE Category
Code: H30Z - Medical research
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