Overview
What is Concern Foundation?
The Concern Foundation, located in Los Angeles, California, is a nonprofit organization dedicated to raising and distributing funds for promising cancer research initiatives. With a small team of six dedicated individuals, they grant funds globally to support cutting-edge laboratory work in this field. As part of their mission, Concern Foundation hosts two annual outreach activities for children in the community who are battling cancer. Their primary objective is to contribute to cancer research and support those affected by the disease.
Official website here: www.concernfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Concern Foundation has achieved an impressive 99% rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization operates with an exceptionally high program expense ratio of 68.72%, ensuring that a significant portion of donations directly supports cancer research initiatives. Feedback highlights that less than 10% of funds are allocated to overhead, with many donors noting that around 90-95% of each dollar raised goes directly to research, which is a remarkable statistic for a nonprofit.
User reviews consistently commend Concern Foundation for its efficient operation and dedicated volunteer base. Many volunteers and board members share their long-term involvement with the organization, emphasizing its positive impact not only on cancer research but also on community support for families affected by cancer. Events such as the annual Block Party and various outreach initiatives are praised for engaging the community while raising substantial funds for groundbreaking research.
While the overall feedback is overwhelmingly positive, some reviews hint at the challenges nonprofits face in maintaining operational efficiency and outreach amidst increasing needs. However, the organization's established history and ongoing commitment to innovative research suggest that it is well-positioned to continue making significant contributions in the fight against cancer.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Concern Foundation legitimate?
Concern Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concern 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: $267,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,584
For more financial information, click here
Official website here: www.concernfoundation.org
What is the mission statement of Concern Foundation?
The Concern Foundation's mission is centered around funding cancer research globally. They distribute research grants to support promising scientific laboratory work in this field. Beyond this, the foundation undertakes two annual outreach activities to provide assistance to children in the community who are battling cancer. Essentially, their goal is to raise and distribute funds to advance cancer research and offer aid to children affected by the disease.
Official website here: www.concernfoundation.org
Who is the CEO of Concern Foundation?
Derek Alpert is the President of Concern Foundation.
Official website here: www.concernfoundation.org
What is the revenue of Concern Foundation?
Concern Foundation's revenue in 2022 was $3,012,671.
Official website here: www.concernfoundation.org
Who are the executives of Concern Foundation and what are their salaries?
The average compensation at Concern Foundation during 2022 was $76,754. There are 6 employees and 55 volunteers at Concern Foundation.
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Official website here: www.concernfoundation.org
Where can I find the form 990 for Concern Foundation?
Concern Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concernfoundation.org
Learn more at the official website: www.concernfoundation.org
Mission Statement of Concern Foundation
The Concern Foundation is a dedicated organization that distributes research grants globally to fund promising scientific laboratory work in the field of cancer research. Their primary mission is to raise and disseminate funds, channeling them towards groundbreaking cancer studies. In addition to this, the foundation also organizes two annual outreach activities to support children in the community who are battling cancer. By funding cutting-edge research and providing opportunities for children facing cancer, the Concern Foundation is instrumental in contributing to advancements in cancer treatment and care.
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Impact
October, 2024
Concern Foundation significantly impacts the fight against cancer by distributing research grants worldwide to support promising scientific laboratory work. This funding plays a critical role in advancing innovative studies and breakthroughs in cancer research, contributing to the development of new treatments and therapies.
In addition to its grant-making efforts, Concern Foundation hosts two annual outreach activities for children battling cancer within the community. These events not only provide support and joy to young patients but also foster a sense of community and awareness around the challenges faced by families affected by cancer. By combining research funding with community engagement, Concern Foundation addresses both the scientific and emotional aspects of the cancer journey, creating a holistic approach to cancer care and research advancement.
This information is meant to be a general summary of Concern 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: $15,642
- Gross Receipts: $6,920,643
Assets and Liabilities:
- Total Assets: $8,969,682
- Total Liabilities: $1,552,275
- Net Assets: $7,417,407
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Organization Details
Founding Year
1968
Phone
(310) 360-6100Principal Officer
Derek Alpert
Main Address
11111 OLYMPIC BLVD STE 214, Los Angeles, CA, 90064
Website
www.concernfoundation.orgNTEE Category
Code: T22Z - Philanthropy
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