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Tower Cancer Research Foundation

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

EIN: 954596354 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

Overview

What is Tower Cancer Research Foundation?

The Tower Cancer Research Foundation, located in Beverly Hills, California, is a dedicated nonprofit organization that focuses on innovative cancer research, community education, and patient support. In 2022, they funded several scientific research grants, including one for a novel approach to combat acute myeloid leukemia and two career development grants for young physicians. Their research initiatives aim to reveal new paradigms for understanding solid tumor resistance and develop therapeutic strategies for drug-resistant blood cancers. Additionally, Tower invests in survivorship programs, offering holistic support services to empower patients during their cancer journey. In 2022, they invested over $500,000 in such programs, which have seen significant growth since their inception. The organization's community partnership grant review committee also funds local cancer support organizations across Southern California.


Official website here: www.towercancer.org

Is Tower Cancer Research Foundation legitimate?

Tower Cancer Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Cancer 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.

Here are some key statistics you may want to consider:

Executive Compensation: $68,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $908,502

For more financial information, click here


Official website here: www.towercancer.org

What is the mission statement of Tower Cancer Research Foundation?

The Tower Cancer Research Foundation's mission is to drive innovative cancer research and provide compassionate patient support, aiming to create significant impact beyond Southern California. Through local investments, they fund groundbreaking studies and support individuals dealing with cancer, striving for improved treatment outcomes. In 2022, they funded a research grant focusing on Acute Myeloid Leukemia and career development grants for young scientists, contributing to innovative therapies and potential new treatment paradigms. Additionally, Tower invests in survivorship programs, offering holistic support services that empower patients during their cancer journey. These programs, such as those provided by Magnolia House, have gained popularity and impact, providing both enhanced quality of life and a supportive community.


Official website here: www.towercancer.org

Who is the CEO of Tower Cancer Research Foundation?

Steven Abramson is the Chairman Of The Board of Tower Cancer Research Foundation.


Official website here: www.towercancer.org

What is the revenue of Tower Cancer Research Foundation?

Tower Cancer Research Foundation's revenue in 2022 was $2,865,725.


Official website here: www.towercancer.org

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

The average compensation at Tower Cancer Research Foundation during 2022 was $61,080. There are 16 employees at Tower Cancer Research Foundation.

Here are 33 key members and their salaries:

    Linda David (Former Executive Director)
  • Compensation: $178,145
  • Related: $0
  • Other: $29,366

    • Ann Spurgeon (Cdo)
  • Compensation: $115,504
  • Related: $0
  • Other: $17,416

    • Kelli Sargent (Deputy Director)
  • Compensation: $105,199
  • Related: $0
  • Other: $9,163

    • Steven Abramson (Executive Director)
  • Compensation: $61,925
  • Related: $0
  • Other: $1,390

    • Nancy Rosenfelt (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Rosenstein (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Rosen (Past Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abby Levy (Past Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Mishkin (Past Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Solomon I Hamburg Md Phd (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Spingarn (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Schnitzer Marks (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Prather (Magnolia Council President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Rosenfelt Md (Vp Scientific Affairs) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Layne (Development Committee Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Warsavsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Drucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Rosenfelt Blancato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilton Chodorow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Decker Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Levenson Delsack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Haagen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Casey Federman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Goren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Krevoy Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frankie Sholem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan D Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally Magaram (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philomena Mcandrew Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Rosenbloom Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Carpten Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.towercancer.org

    Where can I find the form 990 for Tower Cancer Research Foundation?

    The Tower Cancer Research Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.towercancer.org

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

    Mission Statement of Tower Cancer Research Foundation

    The Tower Cancer Research Foundation, a renowned organization, is dedicated to advancing groundbreaking cancer research and providing profound support to individuals affected by the disease. Through local investments, the foundation aims to create significant impact beyond Southern California. The Tower Cancer Research Foundation's mission is threefold: conducting innovative research, engaging in community education, and offering caring patient support.

    In the realm of research, the foundation supports both established senior investigators and promising young physician scientists. By funding research grants, they strive to develop more effective treatments for cancer and blood disorders. In 2022, the foundation funded a senior investigator research grant at City of Hope, aimed at discovering a novel approach to elicit anti-tumor immunity against acute myeloid leukemia. Additionally, they funded two career development scientific research grants for young physician scientists at UCSD, focusing on innovative therapies that may revolutionize how solid tumors acquire resistance to therapy and develop a new therapeutic strategy for drug-resistant CLL and related blood cancers. The foundation's investments in research have resulted in substantial follow-on funding, grants, academic awards, and groundbreaking scientific discoveries.

    Beyond research, the Tower Cancer Research Foundation offers survivorship support programs aligned with the challenges faced by cancer patients, survivors, and the cancer community. These programs, hosted by Magnolia House, provide integrative health and wellness support and education through free fitness, therapeutic, and holistic classes. In 2022, the foundation invested over $500,000 in survivorship programs, offering over 1,500 classes and services and receiving over 20,000 participant visits. The programs have expanded their reach, serving a broader demographic and enabling increased class capacities, despite the ongoing challenges posed by COVID-19. The Tower Cancer Research Foundation's survivorship support programs are viewed as a lifeline for many patients, providing not only enhanced quality of life but also a community of friendship, encouragement, and comfort.

    Impact

    This information is meant to be a general summary of Tower Cancer Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    Tower Cancer Research Foundation's impact is profound in Southern California and beyond. In 2022, the foundation funded innovative scientific research grants, including a novel approach to elicit anti-tumor immunity against acute myeloid leukemia and innovative therapies for drug-resistant CLL and related blood cancers. The total scientific grant expenditures exceeded $1.1 million, leading to significant follow-on funding, academic awards, and groundbreaking discoveries.

    Moreover, Tower's survivorship support programs, such as the Magnolia House, have provided integrative health and wellness support to empower cancer patients and survivors. In 2022, over $500,000 was invested in survivorship programs, resulting in a significant increase in classes and participant visits. The transition to online classes via Zoom during the COVID-19 pandemic expanded the reach of these programs, highlighting the importance of the support provided by Magnolia House.

    Additionally, Tower's Community Partnership Grant Review Committee allocated over $200,000 to cancer support organizations in underserved communities, reflecting a targeted focus on those most in need of care. This strategic approach ensures that the foundation's impact extends to those who require support the most, making a difference in the lives of many individuals affected by cancer.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $56,004
  • Program Service Revenue: $0
  • Gross Receipts: $3,446,045

    • Assets and Liabilities:
  • Total Assets: $4,621,629
  • Total Liabilities: $2,941,048
  • Net Assets: $1,680,581
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Steven Abramson

    Main Address

    8767 WILSHIRE BLVD 401, BEVERLY HILLS, CA, 90211

    NTEE Category

    Code: H00Z - Medical research

    If you are a representative of Tower Cancer Research Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.