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Cancer Research Foundation

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

EIN: 362385213 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Cancer Research Foundation?

The Cancer Research Foundation is a modest nonprofit organization based in Chicago, Illinois, specifically at 6200 N Hiawatha Ave 640. Their primary focus is to advance the field of cancer research by providing financial aid to scientists working at university medical centers. This support extends to both clinical and laboratory research on various cancer-related projects. The organization's mission is twofold: firstly, to fund early-career cancer scientists, and secondly, to back innovative directions in cancer science research. By investing in these areas, the Cancer Research Foundation aims to contribute to significant breakthroughs in cancer prevention, treatment, and ultimately, a cure. With a small team of just one dedicated individual, the foundation's commitment to this cause remains steadfast.


Official website here: www.cancerresearchfdn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star Rating

The Cancer Research Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored 92% in the Accountability & Finance category for its most recent fiscal year, indicating that it effectively manages its resources and maintains transparency in its operations. The high score is largely attributed to its independent governance structure and thorough oversight mechanisms.

Key strengths of the foundation include a fully independent board, extensive financial oversight, and a strong program expense ratio of 87.58%, demonstrating that a significant portion of its funds is directed towards its mission. Furthermore, the foundation has no reported material diversion of assets, highlighting its commitment to ethical management. However, the organization has noted gaps in its conflict of interest and whistleblower policies, which could be areas for improvement.

While the Cancer Research Foundation excels in many financial areas, addressing the missing policies would strengthen its governance framework even further. Overall, the foundation's solid financial practices and accountability suggest a trustworthy organization dedicated to cancer research.


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

What do the Facebook reviews say about Cancer Research Foundation?

There are currently four reviews on Facebook for the Cancer Research Foundation, although none of them provide a specific rating. One reviewer emphasizes the organization's pivotal role in financing innovative ideas that have the potential to advance cancer research, prevention, and treatment. This suggests a strong endorsement of the foundation's mission.

Overall, the sentiment leaning towards the foundation appears positive, highlighting its commitment to supporting groundbreaking projects that might otherwise struggle to secure funding. The feedback underscores a belief in the importance of the foundation's work and its impact on the future of cancer initiatives.

While additional reviews would provide a more comprehensive picture, the existing input indicates a high level of support for the foundation's goals and strategies in the cancer research arena.


This AI summary has been generated from reviews found on Facebook.

Is Cancer Research Foundation legitimate?

Cancer Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $138,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cancerresearchfdn.org

What is the mission statement of Cancer Research Foundation?

The Cancer Research Foundation's mission is centered around raising funds to support both emerging cancer scientists and innovative directions in cancer research. Their goal is to contribute to significant advancements in the prevention, treatment, and potential cure for cancer. To achieve this, they provide grants to researchers at university medical centers, supporting their clinical and laboratory work on various projects.


Official website here: www.cancerresearchfdn.org

Who is the CEO of Cancer Research Foundation?

Alexandra Nikitas is the Director of Cancer Research Foundation. The CEO's salary of Cancer Research Foundation is $178,000 and their total compensation is $178,000.


Official website here: www.cancerresearchfdn.org

What is the revenue of Cancer Research Foundation?

Cancer Research Foundation's revenue in 2023 was $893,737.


Official website here: www.cancerresearchfdn.org

Who are the executives of Cancer Research Foundation and what are their salaries?

The average compensation at Cancer Research Foundation during 2023 was $138,001. There is 1 employee and 16 volunteers at Cancer Research Foundation.


Here are 17 key members and their salaries (Cancer Research Foundation's CEO's salary is $178,000 and their total compensation is $178,000):


Mr S Goldblatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr M Cohen (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr J Goldblatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr M Freed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr T Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms L Cohen Schenkman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs A Nikitas (President/Chairman)
  • Compensation: $63,000
  • Related: $0
  • Other: $0
Mr J Michael Locke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr T Noard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr D Kinnear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms K Kozlowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr J Dobosh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms E Luttig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr M Mantovani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr D Rapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms B Sessions (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrm Johnson (Ceo)
  • Compensation: $178,000
  • Related: $0
  • Other: $0


Official website here: www.cancerresearchfdn.org

Where can I find the form 990 for Cancer Research Foundation?

Cancer Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cancerresearchfdn.org

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

Mission Statement of Cancer Research Foundation

The Cancer Research Foundation, a renowned organization, is dedicated to achieving a significant breakthrough in the fight against cancer. Their mission is twofold: firstly, they aim to raise substantial funds. These funds are then utilized to support early-career cancer scientists and stimulate innovative directions in cancer research. The ultimate goal is to contribute to transformational events in cancer prevention, treatment, and ultimately, the cure for this devastating disease.

The Cancer Research Foundation accomplishes this mission by granting financial aid to scientists at distinguished university medical centers. These grants enable researchers to conduct both clinical and laboratory studies on various projects. By investing in the next generation of cancer scientists and pioneering new avenues in cancer research, the Cancer Research Foundation plays a crucial role in advancing our understanding of cancer and bringing us closer to finding a lasting solution.

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Impact




October, 2024

The Cancer Research Foundation significantly advances the fight against cancer by funding vital research projects that contribute to innovative prevention, treatment, and cure strategies. Based in Chicago, this organization provides grants to scientists at university medical centers, supporting both clinical and laboratory research across various cancer-related projects. By focusing on early-career researchers and exploring new scientific directions, the foundation plays a crucial role in fostering transformational breakthroughs in cancer science. Through its efforts, it aims to make a meaningful impact on the future of cancer care and improve outcomes for patients.




This information is meant to be a general summary of 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.

Revenue
$893,737 (2023)
Expenses
$1,004,389 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $400,023
  • Gross Receipts: $2,537,900

Assets and Liabilities:

  • Total Assets: $10,131,076
  • Total Liabilities: $639,641
  • Net Assets: $9,491,435

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Organization Details

Founding Year

1954

Principal Officer

Alexandra Nikitas

Main Address

6200 N HIAWATHA AVE 640, CHICAGO, IL, 60646

NTEE Category

Code: H30 - Medical research

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