Overview
What is Fred Hutchinson Cancer Center?
Fred Hutchinson Cancer Center is a renowned nonprofit organization based in Seattle, Washington. The center integrates clinical care and research, following the 2022 merger of Seattle Cancer Care Alliance and Fred Hutchinson Cancer Research Center. This harmonious union has led to the accelerated transfer of new diagnostic and treatment techniques from the research setting to patient care. The organization's mission is to unite innovative research and compassionate care to prevent and eliminate cancer and infectious diseases. Fred Hutchinson Cancer Center employs over 2,500 individuals, offering specialized cancer care and advanced scientific research. They provide the latest cancer treatment options and are experts in a wide range of cancers and diseases, offering diagnostic services, treatment, and follow-up care tailored to specific needs. In addition to their research efforts, they offer educational opportunities for healthcare professionals to earn continuing education credits and operate housing programs for patients.
Official website here: www.fredhutch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Fred Hutchinson Cancer Center has earned a notable Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored well in multiple areas, particularly with an impressive 90% in Accountability & Finance and a strong 91% in Culture & Community. The presence of a majority independent board, robust financial oversight, and well-documented policies further enhance its credibility.
The center demonstrates effective financial management with a program expense ratio of 87.27%, indicating that a significant portion of its funds directly supports its mission. Additionally, it has no reported material diversion of assets, showcasing its operational integrity. The organization has also implemented various policies, including conflict of interest and whistleblower policies, which contribute to transparency and stakeholder trust.
However, the center has a liabilities to assets ratio of 59.41%, which could be a point of concern in terms of financial stability. While the overall scores are indicative of a strong organizational structure, stakeholders may want to monitor this aspect of financial health as part of their ongoing evaluation of the center’s performance.
This AI summary has been generated from information found on Charity Navigator.
Is Fred Hutchinson Cancer Center legitimate?
Fred Hutchinson Cancer Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fred Hutchinson Cancer Center 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: $11,061,327
Professional Fundraising Fees: $288,327
Other Salaries and Wages: $582,520,121
For more financial information, click here
Official website here: www.fredhutch.org
What is the mission statement of Fred Hutchinson Cancer Center?
Fred Hutchinson Cancer Center is dedicated to merging innovative research and compassionate care to prevent and eliminate cancer and infectious diseases on a global scale. Their mission is threefold: providing the latest cancer treatment options, accelerating scientific discoveries, and improving population health. The center's focus is on preventing, diagnosing, and treating cancer in adults. With expertise in a wide range of cancers and diseases, they offer tailored diagnostic services, treatments, and follow-up care. Their research spans the basic sciences and translational research, with a goal to prevent and treat cancer and infectious diseases. The center aims to reduce health disparities and improve overall health.
Official website here: www.fredhutch.org
What is the revenue of Fred Hutchinson Cancer Center?
Fred Hutchinson Cancer Center's revenue in 2024 was $2,027,046,671.
Official website here: www.fredhutch.org
Who are the executives of Fred Hutchinson Cancer Center and what are their salaries?
The average compensation at Fred Hutchinson Cancer Center during 2024 was $87,330. There are 6797 employees and 614 volunteers at Fred Hutchinson Cancer Center.
Here are 47 key members and their salaries:
- Compensation: $2,028,077
- Related: $0
- Other: $364,136
- Compensation: $1,198,547
- Related: $0
- Other: $159,901
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $1,153,027
- Related: $0
- Other: $162,054
- Compensation: $1,115,822
- Related: $0
- Other: $171,675
- Compensation: $812,745
- Related: $0
- Other: $73,528
- Compensation: $365,941
- Related: $0
- Other: $62,781
- Compensation: $288,955
- Related: $0
- Other: $50,244
- Compensation: $258,649
- Related: $0
- Other: $57,304
- Compensation: $961,057
- Related: $0
- Other: $147,503
- Compensation: $771,543
- Related: $0
- Other: $141,975
- Compensation: $661,932
- Related: $0
- Other: $137,970
- Compensation: $621,488
- Related: $0
- Other: $136,478
- Compensation: $608,583
- Related: $0
- Other: $63,093
- Compensation: $1,057,788
- Related: $0
- Other: $58,156
- Compensation: $803,616
- Related: $0
- Other: $144,143
- Compensation: $761,873
- Related: $0
- Other: $56,627
- Compensation: $718,444
- Related: $0
- Other: $137,250
- Compensation: $640,821
- Related: $0
- Other: $132,867
- Compensation: $512,712
- Related: $0
- Other: $68,204
- Compensation: $368,825
- Related: $0
- Other: $70,387
- Compensation: $354,803
- Related: $0
- Other: $87,573
- Compensation: $327,282
- Related: $0
- Other: $64,843
- Compensation: $320,868
- Related: $0
- Other: $107,709
- Compensation: $276,203
- Related: $0
- Other: $65,984
- Compensation: $270,742
- Related: $0
- Other: $33,752
- Compensation: $258,875
- Related: $0
- Other: $52,093
- Compensation: $252,017
- Related: $0
- Other: $60,849
- Compensation: $240,299
- Related: $0
- Other: $34,345
- Compensation: $233,728
- Related: $0
- Other: $49,429
- Compensation: $227,577
- Related: $0
- Other: $45,212
- Compensation: $216,323
- Related: $0
- Other: $49,736
- Compensation: $205,480
- Related: $0
- Other: $22,814
- Compensation: $163,218
- Related: $0
- Other: $31,001
Official website here: www.fredhutch.org
Where can I find the form 990 for Fred Hutchinson Cancer Center?
Fred Hutchinson Cancer Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fredhutch.org
Learn more at the official website: www.fredhutch.org
Mission Statement of Fred Hutchinson Cancer Center
Fred Hutchinson Cancer Center, a leading institution in cancer research and treatment, is dedicated to preventing and eliminating cancer and infectious diseases through groundbreaking scientific discoveries and compassionate care. With a sense of urgency driven by the needs of their patients and the hope of their community, the Center's mission is to provide the latest cancer treatment options and accelerate discoveries that save lives around the world.
Expert providers at Fred Hutchinson Cancer Center specialize in a wide range of cancers and diseases, offering personalized diagnostic services, treatment, and follow-up care tailored to individual needs. Their research efforts span the basic sciences and foundational biology to translational and computational sciences, aimed at preventing and treating cancer and infectious diseases, improving population health, and reducing health disparities. The Center's passion for discovery and commitment to scientific breakthroughs has the potential to transform lives and create a healthier world for every person in every community.
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Impact
October, 2024
Fred Hutchinson Cancer Center significantly impacts cancer care and research by uniting innovative scientific breakthroughs with compassionate patient care. Through its integrated approach, Fred Hutch accelerates the transfer of new diagnostic and treatment techniques, enhancing patient outcomes while fostering collaboration among researchers, clinicians, and patients.
The merger in April 2022 of the Seattle Cancer Care Alliance and the Fred Hutchinson Cancer Research Center strengthened its mission to advance cancer treatment and infectious disease prevention. This unique alliance with UW Medicine allows for superior care coordination, thereby offering a broad spectrum of cancer care options tailored to individual patient needs.
Fred Hutch not only provides cutting-edge clinical care, but it also emphasizes the importance of education for healthcare professionals, ensuring knowledge in oncology continues to evolve. Its ongoing research efforts are designed to tackle health disparities and improve population health, reinforcing its commitment to providing the latest advancements in cancer therapies and enhancing the lives of individuals across diverse communities. Through these endeavors, Fred Hutch is a beacon of hope for patients, families, and communities affected by cancer and infectious diseases.
This information is meant to be a general summary of Fred Hutchinson Cancer Center. 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 2024.
- Investment Income: $48,035,953
- Program Service Revenue: $1,354,597,702
- Gross Receipts: $2,819,925,609
Assets and Liabilities:
- Total Assets: $2,999,831,201
- Total Liabilities: $2,049,582,217
- Net Assets: $950,248,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERV. REVENUE
Revenue
$1,301,801,650
ANCILLARY SERVICES
Revenue
$27,118,482
RESEARCH ACTIVITIES
Revenue
$20,539,695
PATIENT HOUSING
Revenue
$3,561,064
PROGRAMMATIC RENTAL
Revenue
$785,673
Organization Details
Founding Year
1998
Principal Officer
Dr Thomas Lynch Jr
Website
www.fredhutch.orgNTEE Category
Code: E240 - Health
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