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The Hope Foundation

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

EIN: 742655302 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

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Overview

What is The Hope Foundation?

The Hope Foundation, situated in Ann Arbor, MI, functions as the philanthropic arm of the SWOG Cancer Research Network. Its primary objective is to contribute financially and resourcefully towards the investigation and prevention of various forms of adult cancers through clinical trials research. The foundation supports numerous initiatives, such as funding fellowships, research grants, professional medical education training sessions, technical equipment, and meeting coordination. The Hope Foundation is also actively involved in organizing group meetings, including those in the spring and fall of 2022, for SWOG, one of the National Cancer Institute's five cooperative groups within the National Clinical Trials Network. In essence, The Hope Foundation plays a pivotal role in advancing cancer research and education with the aim of improving treatment options and outcomes.


Official website here: www.thehopefoundation.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)**

The Hope Foundation has achieved an impressive 99% rating on Charity Navigator, highlighting its strong performance in accountability and finance, especially with a perfect score in Financial Accountability. This high rating is driven by an independent board and effective oversight mechanisms. Moreover, the organization demonstrates a commitment to transparency, listing essential documents on its website and having a whistleblower policy in place.

Strengths of The Hope Foundation include its significant program expense ratio of over 86%, indicating that a large portion of funds directly supports its mission to combat cancer through clinical trials and education. The organization has also invested nearly $1 million in diversity, equity, and inclusion initiatives, reflecting proactive societal engagement and responsiveness to community needs.

While the ratings in leadership and adaptability are noteworthy, specific areas for development, such as the lower score in culture and community, suggest opportunities for further enhancement in connecting with constituents and building a more inclusive organizational culture. Overall, the foundation is recognized for its effective practices and strong community feedback mechanisms.

Not Available


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

Is The Hope Foundation legitimate?

The Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope 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: $283,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,677,148

For more financial information, click here


Official website here: www.thehopefoundation.org

What is the mission statement of The Hope Foundation?

The Hope Foundation, serving as the philanthropic arm of the SWOG Cancer Research Network, is committed to contributing funds and providing resources for cancer clinical trials research in various adult cancer forms. Through its initiatives, the foundation supports fellowships, research grants, professional medical education training sessions, technical equipment, and meeting coordination. The Hope Foundation's mission is to advance cancer research and treatment by funding various programs and collaborations, ultimately aiming to make a significant impact in the field.


Official website here: www.thehopefoundation.org

Who is the CEO of The Hope Foundation?

Johanna Horn is the President & Ceo of The Hope Foundation. The CEO's salary of The Hope Foundation is $212,151 and their total compensation is $252,966.


Official website here: www.thehopefoundation.org

What is the revenue of The Hope Foundation?

The Hope Foundation's revenue in 2022 was $9,871,970.


Official website here: www.thehopefoundation.org

Who are the executives of The Hope Foundation and what are their salaries?

The average compensation at The Hope Foundation during 2022 was $64,936. There are 61 employees and 14 volunteers at The Hope Foundation.


Here are 20 key members and their salaries (The Hope Foundation's CEO's salary is $212,151 and their total compensation is $252,966):


Johanna Horn Msw (President & Ceo)
  • Compensation: $212,151
  • Related: $0
  • Other: $40,815
Dana Sparks (Director Of Pc & Operation)
  • Compensation: $154,281
  • Related: $0
  • Other: $31,076
Norbert Strauss (Assistant Director Of Oper)
  • Compensation: $107,643
  • Related: $0
  • Other: $30,255
Morgan Cox (Director Of Communications)
  • Compensation: $105,798
  • Related: $0
  • Other: $24,464
Nathan Eriksen (Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Sumanta Pal Md (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Cathy Tangen Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Goldberg Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Syed Ahmad Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anjali Advani Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariana Chavez Mac Gregor Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Unger Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Rae Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary H Lyman Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lajos Pusztai Md Dph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cavitt Randall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Blanke Md (Swog Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gibson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don S Dizon Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Osarogiagbon Md (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thehopefoundation.org

Where can I find the form 990 for The Hope Foundation?

The Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thehopefoundation.org

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

Mission Statement of The Hope Foundation

The Hope Foundation, serving as the philanthropic arm of the SWOG Cancer Research Network, is devoted to raising and contributing funds for the treatment and prevention of cancer. Its mission is to provide financing and resources for cancer clinical trials research in various forms of adult cancers. The organization supports several initiatives, including funding for fellowships, research grants, professional medical education training sessions, technical equipment, and meeting coordination. By doing so, The Hope Foundation aims to contribute to the advancement of cancer research and the development of new treatment options. Additionally, the foundation supports cancer research groups and organizes group meetings, such as the spring and fall 2022 gatherings of SWOG, a cooperative group within the NCI's National Clinical Trials Network. Overall, The Hope Foundation's mission is to drive progress in cancer research and treatment through financial support and resource provision.

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Impact




July, 2024

The Hope Foundation's impact is significant in the field of cancer treatment and prevention. By raising and contributing funds for cancer clinical trials research, the foundation plays a crucial role in advancing the fight against various forms of adult cancers. Through its support of research, education, fellowships, grants, training sessions, and technical equipment provision, The Hope Foundation is instrumental in providing resources that help improve the outcomes for cancer patients. Its collaboration with the SWOG Cancer Research Network underscores its commitment to driving progress in the field of oncology.




This information is meant to be a general summary of The Hope 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
$9,871,970 (2022)
Expenses
$10,964,319 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,359,712
  • Program Service Revenue: $2,713,693
  • Gross Receipts: $19,481,489

Assets and Liabilities:

  • Total Assets: $56,686,859
  • Total Liabilities: $25,186,858
  • Net Assets: $31,500,001

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE FEES

Revenue

$1,415,937

ADMINISTRATIVE FEES

Revenue

$1,242,271

EXHIBITOR & REGISTRATION FEES

Revenue

$55,485

Organization Details

Founding Year

1993

Principal Officer

Johanna Horn

Main Address

24 FRANK LLOYD WRIGHT DR 4300K, ANN ARBOR, MI, 48106

NTEE Category

Code: G99Z - Disease

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