Overview
What is Cancer Research Foundation - Chicago Chapter?
The Cancer Research Foundation - Chicago Chapter is a nonprofit organization situated in Chicago, Illinois, specifically at 6200 N Hiawatha Ave 640. Their primary mission is to raise funds for cancer research, with a focus on supporting both early-career scientists and innovative directions in cancer science research. Their goal is to contribute to significant advancements in cancer prevention, treatment, and potentially finding a cure. To achieve this, they grant funds to scientists at university medical centers for various projects, encompassing both clinical and laboratory research. With a small team of four dedicated individuals, they are committed to making strides in the fight against cancer.
Official website here: www.cancerresearchfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% - Four-Star out of Four Star Rating
The Cancer Research Foundation - Chicago Chapter has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90%, the organization demonstrates a commitment to transparency and effective financial management, evidenced by high marks in areas such as program expense ratio and liabilities to assets ratio. Their mission focuses on funding cancer research to find a cure, which aligns well with their overall goals.
One of the organization's key strengths lies in its governance structure, with 88% of board members being independent, ensuring a diverse and unbiased decision-making process. The foundation has clearly outlined its financial practices, with an audit and oversight committee receiving full points, but it does face criticism for lacking conflict of interest and whistleblower policies, which could enhance its overall governance.
The foundation excels in community and leadership, scoring a perfect 100 in both categories, indicating a strong organizational culture and effective adaptability. While the absence of certain policies may raise concerns about oversight, the high program expense ratio indicates that the majority of its funds are directed towards its mission, making it a reliable choice for donors looking to support cancer research initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Cancer Research Foundation - Chicago Chapter legitimate?
Cancer Research Foundation - Chicago Chapter is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cancer Research Foundation - Chicago Chapter 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: $63,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,970
For more financial information, click here
Official website here: www.cancerresearchfdn.org
What is the mission statement of Cancer Research Foundation - Chicago Chapter?
The Cancer Research Foundation, in its mission, aims to raise funds to support both early-career scientists and innovative directions in cancer research. Their ultimate goal is to contribute to transformational events in the prevention, treatment, and potential cure for cancer. They achieve this by providing grants to scientists at university medical centers for both clinical and laboratory research on various projects. The foundation's efforts are geared towards advancing breakthroughs in cancer science and ultimately eradicating this disease.
Official website here: www.cancerresearchfdn.org
Who is the CEO of Cancer Research Foundation - Chicago Chapter?
Alexandra Nikitas is the Chairman/ Program Director of Cancer Research Foundation - Chicago Chapter.
Official website here: www.cancerresearchfdn.org
What is the revenue of Cancer Research Foundation - Chicago Chapter?
Cancer Research Foundation - Chicago Chapter's revenue in 2023 was $1,392,032.
Official website here: www.cancerresearchfdn.org
Who are the executives of Cancer Research Foundation - Chicago Chapter and what are their salaries?
The average compensation at Cancer Research Foundation - Chicago Chapter during 2023 was $66,742. There are 4 employees and 8 volunteers at Cancer Research Foundation - Chicago Chapter.
Here are 9 key members and their salaries:
- Compensation: $63,000
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.cancerresearchfdn.org
Where can I find the form 990 for Cancer Research Foundation - Chicago Chapter?
Cancer Research Foundation - Chicago Chapter'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 - Chicago Chapter
The Cancer Research Foundation, with a chapter in Chicago, is committed to an inspiring mission. Their primary objective is to raise substantial funds, which are then channeled towards supporting both emerging cancer researchers and innovative directions in cancer science research. The ultimate goal of these efforts is to contribute to significant breakthroughs in cancer prevention, treatment, and ultimately, finding a cure for this devastating disease.
To accomplish this mission, the Cancer Research Foundation grants funds to scientists working at university medical centers. These researchers engage in both clinical and laboratory research, exploring various projects with the aim of making groundbreaking discoveries in the field of cancer. By investing in these early-career scientists and their innovative research, the foundation seeks to play a pivotal role in the ongoing quest to conquer cancer.
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Impact
July, 2024
The Cancer Research Foundation - Chicago Chapter is making a significant impact by funding cancer research to find a cure. By providing grants to scientists at university medical centers for clinical and laboratory research on various projects, they are actively contributing to advancements in the field of cancer science. Their mission to raise funds to support early-career cancer scientists and explore new directions in cancer research is driving innovation and potentially leading to transformational events in the prevention, treatment, and cure for cancer.
This information is meant to be a general summary of Cancer Research Foundation - Chicago Chapter. 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 2023.
- Investment Income: $2,046
- Gross Receipts: $1,988,270
Assets and Liabilities:
- Total Assets: $1,498,051
- Total Liabilities: $94,220
- Net Assets: $1,403,831
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Organization Details
Founding Year
2016
Phone
(312) 558-6600Principal Officer
Alexandra Nikitas
Main Address
6200 N HIAWATHA AVE 640, CHICAGO, IL, 60646
Website
www.cancerresearchfdn.orgNTEE Category
Code: H30 - Medical research
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