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Leukemia 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: 366102182 ✦ Northfield, IL ✦ Designated as a 501(c)(3)

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Overview

What is Leukemia Research Foundation?

The Leukemia Research Foundation is a dedicated nonprofit organization situated in Northfield, Illinois. Established with a mission to eradicate leukemia, the foundation accomplishes this goal by funding innovative research projects. In the fiscal year 2023, they granted 16 research awards worth $150,000 each to new investigators from both U.S.-based and international medical institutions, amounting to a substantial total research funding of nearly $2.4 million, marking their most significant annual investment in research since the foundation's establishment. Their independent Medical Advisory Board carefully selects these awards following a rigorous grant review process. Beyond research, the Leukemia Research Foundation also provides support to patients and their families, demonstrating a commitment to holistic care in the fight against leukemia.


Official website here: www.leukemiarf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 98% (Four-Star out of Four Star rating)

The Leukemia Research Foundation has achieved an impressive Four-Star rating on Charity Navigator, indicating a high level of accountability and transparency in its operations. With a perfect score in Accountability & Finance, the organization demonstrates strong financial health and prudent management of resources. Moreover, it excels in its culture and community engagement, with 100% independent board members and effective oversight mechanisms in place.

User feedback from platforms like Great Nonprofits reflects a positive reputation, with volunteers praising the organization for its mission and dedicated team. A notable testimonial highlights the partnership with Leukemia Research Foundation as a source of pride, showcasing its collaborative spirit and impact in the community. This strong endorsement from individuals involved in related initiatives emphasizes the foundation's effectiveness and reliability.

Although the foundation performs exceptionally well in many areas, the data reveals slight room for improvement in the metrics related to data collection and impact reporting. Despite these limitations, the overall narrative reflects a robust nonprofit committed to advancing leukemia research and support for affected individuals.


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

Is Leukemia Research Foundation legitimate?

Leukemia Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leukemia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,641

For more financial information, click here


Official website here: www.leukemiarf.org

What is the mission statement of Leukemia Research Foundation?

The Leukemia Research Foundation's mission is centered around two primary objectives: to cure leukemia and to support patients and their families. They achieve this by funding innovative research, investing in new investigators studying leukemia or myelodysplastic syndromes (MDS) from both US-based and international medical institutions. In fiscal year 2023, 16 research grants worth $150,000 each over a two-year period were awarded, totaling nearly $2.4 million. This significant investment in research is the largest annual funding since the foundation's establishment. The selection of research grant awards is based on recommendations from the foundation's independent medical advisory board after a rigorous grant review process.


Official website here: www.leukemiarf.org

Who is the CEO of Leukemia Research Foundation?

Kevin Radelet is the President of Leukemia Research Foundation.


Official website here: www.leukemiarf.org

What is the revenue of Leukemia Research Foundation?

Leukemia Research Foundation's revenue in 2023 was $4,193,244.


Official website here: www.leukemiarf.org

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

The average compensation at Leukemia Research Foundation during 2023 was $73,107. There are 6 employees and 250 volunteers at Leukemia Research Foundation.


Here are 16 key members and their salaries:


Blake Brandwein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Brin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Mix (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Grabemann (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Brin (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Brin (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Garbarski (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Holmes (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Martinez (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mix (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randi Schullo (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wilensky (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Savyon Amit (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rong Chen (At Large Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Radelet (Executive Director)
  • Compensation: $146,122
  • Related: $0
  • Other: $17,091
Cynthia L Kane (Sr Dir Of Development)
  • Compensation: $101,259
  • Related: $0
  • Other: $19,550


Official website here: www.leukemiarf.org

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

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


Official website here: www.leukemiarf.org

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

Mission Statement of Leukemia Research Foundation

The Leukemia Research Foundation is dedicated to two primary objectives: curing leukemia and supporting patients and their families affected by the disease. The organization achieves this mission by funding innovative research initiatives, with a significant investment made in recent years. In fiscal year 2023 alone, 16 research grants were awarded to new investigators studying leukemia or myelodysplastic syndromes (MDS) from reputable medical institutions both domestically and internationally. Each grant recipient receives funding of $150,000 over a two-year period, amounting to nearly $2.4 million in annual research funding, marking the largest investment in research since the foundation's inception. These research grants are awarded following recommendations from the foundation's independent medical advisory board, who undergo a rigorous grant review process to ensure only the most promising research is supported.

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Impact




October, 2024

The Leukemia Research Foundation significantly impacts the fight against leukemia and myelodysplastic syndromes (MDS) by funding innovative research that drives breakthroughs in treatment and care. In fiscal year 2023, it awarded 16 research grants totaling nearly $2.4 million, marking its largest annual investment in research since its inception. Each grant, amounting to $150,000 over a two-year period, supports new investigators from both US-based and international medical institutions focused on advancing leukemia research. The selection of grant recipients is guided by the recommendations of an independent medical advisory board, ensuring a rigorous review process that prioritizes impactful and promising research. Additionally, the foundation provides crucial support to patients and families, enhancing their experience and resilience through the challenges posed by leukemia.




This information is meant to be a general summary of Leukemia 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
$4,193,244 (2023)
Expenses
$3,582,485 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $81,224
  • Gross Receipts: $6,535,059

Assets and Liabilities:

  • Total Assets: $6,864,748
  • Total Liabilities: $2,716,288
  • Net Assets: $4,148,460

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Organization Details

Founding Year

1951

Principal Officer

Kevin Radelet

Main Address

191 WAUKEGAN ROAD 105, NORTHFIELD, IL, 60093

NTEE Category

Code: H120 - Medical research

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