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The Thanc Foundation Inc

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

EIN: 800062118 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Thanc Foundation Inc?

The Thanc Foundation Inc, a nonprofit organization based in New York, NY, is dedicated to advancing research, education, and support for individuals dealing with head and neck and thyroid cancer. Their mission is to promote early detection and treatment of these cancers through various programs, including TIRO, the THANC Guide, and a mentoring initiative. The foundation's research aims to improve clinical outcomes for patients, with a focus on tailoring treatments based on cancer therapies' effects. They maintain a comprehensive website to provide emotional and psychological support to patients and their families, with over 75,000 unique global visitors each month. The Thanc Foundation also organizes awareness campaigns, collaborates with other nonprofits, and funds training for medical fellows in head and neck cancer surgery. With 12 employees, their commitment extends to alleviating patients' suffering and impairment while striving for new therapeutic approaches.


Official website here: www.thancfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)

The Thanc Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in various accountability and finance metrics. With an overall score of 90%, the organization showcases robust leadership and adaptability (100), as well as high scores in culture and community (91). This rating underscores the foundation's commitment to transparency and effective governance, evidenced by its nearly entirely independent board and comprehensive policies in place.

The foundation excels particularly in impact and measurement, receiving a score of 94, indicating it effectively assesses and demonstrates its programmatic outcomes. Additionally, the organization has a solid program expense ratio of approximately 59%, which is significant as it indicates that a large portion of its budget is dedicated to its mission-driven activities. Feedback collection and usage scores highlight the foundation’s responsiveness to stakeholder input, achieving a perfect score in both areas.

However, while the financial health indicators are generally positive, the program expense ratio suggests there may be room for improvement in maximizing programmatic spending compared to overall expenses. This area could be a point of focus for The Thanc Foundation to enhance its effectiveness in fulfilling its mission. Overall, the foundation's strong governance and commitment to impact position it favorably within the nonprofit sector.


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

Is The Thanc Foundation Inc legitimate?

The Thanc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thanc Foundation Inc 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: $343,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,688

For more financial information, click here


Official website here: www.thancfoundation.org

What is the mission statement of The Thanc Foundation Inc?

The Thanc Foundation Inc's mission is centered around supporting research and education in the early detection and treatment of thyroid, head, and neck cancer. The organization is committed to advancing new therapeutic approaches and alleviating the suffering of patients undergoing treatment. Through various programs, such as TIRO, the THANC Guide, and a mentoring initiative, the foundation conducts research aimed at improving cancer therapies and tailoring treatments to enhance patient quality of life. The Thanc Foundation also maintains a comprehensive website to provide support and resources to head and neck cancer patients and their families during the initial diagnosis period, which is often marked by anxiety and uncertainty. The website offers expert advice, patient stories, and emotional support, reaching over 75,000 unique visitors globally each month. The foundation collaborates with other non-profit organizations and runs awareness campaigns to fund the training of head and neck cancer surgeons and provide educational opportunities for research associates.


Official website here: www.thancfoundation.org

What is the revenue of The Thanc Foundation Inc?

The Thanc Foundation Inc's revenue in 2023 was $1,296,930.


Official website here: www.thancfoundation.org

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

The average compensation at The Thanc Foundation Inc during 2023 was $98,535. There are 6 employees and 8 volunteers at The Thanc Foundation Inc.

Here are 29 key members and their salaries:


Erika Rauscher (Executive Director)
  • Compensation: $236,023
  • Related: $0
  • Other: $0
Jesse Fisher (Creative Directior)
  • Compensation: $107,500
  • Related: $0
  • Other: $0
Mark L Urken Md (Medical Advisor)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
David Hirsh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Garraty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Beden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynn Plaut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Conklin Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanley Dawson Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Nan Haberman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindi Mond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Okaydds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Geronemus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Bernerd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Buchbinder Dmd Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Friedwald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Katz Spitzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Milstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Swalling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Kuflik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Kanefsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Chai Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Fisher ()
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thancfoundation.org

Where can I find the form 990 for The Thanc Foundation Inc?

The Thanc Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thancfoundation.org

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

Mission Statement of The Thanc Foundation Inc

The Thanc Foundation Inc is dedicated to supporting research and education in the early detection and treatment of thyroid, head, and neck cancer. This nonprofit organization is committed to advancing new therapeutic approaches and alleviating the suffering and impairment of patients undergoing treatment. The Thanc Foundation carries out research related to these types of cancer and provides education for both the medical professionals who treat these patients and the patients themselves, as well as their caregivers. They offer patient support materials via online resources.

The organization's efforts are aimed at achieving statistical significance in studies regarding the effect of cancer therapies. This allows for treatments to be tailored, improving clinical outcomes and enhancing the quality of life for patients. The Thanc Foundation has developed a comprehensive website to assist head and neck cancer patients and their caregivers during the initial diagnosis period, which is often filled with anxiety and uncertainty. The site contains expert written content in layman's terms, emotional and psychological support resources, and patient stories to help patients feel less alone in their journey. The website also includes content for children and teens.

In addition to these efforts, The Thanc Foundation has developed TIRO (Thyroid International Recommendations Online), a tool that compares and contrasts trusted clinical practice guidelines in the management of thyroid cancer. This resource highlights areas of concordance and discordance, and provides educational content and weekly sessions for thyroid cancer providers to address areas of discordance. The organization also collaborates with like-minded nonprofit organizations to run patient-focused drug development meetings and awareness campaigns twice a year. The Thanc Foundation also funds training opportunities for head and neck oncologic and reconstructive surgeons, providing educational opportunities and travel stipends.

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Impact




July, 2024

The impact of The Thanc Foundation Inc is significant in the field of research and education related to early detection and treatment of thyroid, head, and neck cancer. The foundation conducts research aimed at improving clinical outcomes for patients, provides education for both physicians and patients/caregivers, and offers patient support materials through online resources. Their various programs, such as TIRO and the THANC Guide, focus on enhancing quality of life for cancer patients through tailored treatments. The foundation's comprehensive website serves as a valuable resource for individuals dealing with the challenges of these diagnoses, offering expert-written content, emotional support, patient stories, and resources for children and teens.

Additionally, The Thanc Foundation collaborates with other nonprofit organizations, holds awareness campaigns, and funds training for head and neck oncologic and reconstructive surgeons. Their efforts aim to advance new therapeutic approaches, alleviate patient suffering, and provide valuable education and mentorship opportunities for healthcare professionals. Through these initiatives, The Thanc Foundation Inc plays a crucial role in improving outcomes for individuals affected by thyroid, head, and neck cancer.




This information is meant to be a general summary of The Thanc Foundation Inc. 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
$1,296,930 (2023)
Expenses
$1,110,908 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $220,127
  • Gross Receipts: $3,708,472

Assets and Liabilities:

  • Total Assets: $5,621,999
  • Total Liabilities: $28,966
  • Net Assets: $5,593,033

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Organization Details

Founding Year

2003

Principal Officer

Erika Rauscher

NTEE Category

Code: G05 - Disease

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