National Foundation for Cancer Research
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
National Foundation for Cancer Research meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to support cancer research and public education relating to the prevention, early diagnosis, better treatments and, ultimately, a cure for cancer."
Year, State Incorporated:
1973, MA
The National Foundation for Cancer Research (NFCR) supports scientific research for a cure for all types of cancer. The organization reports that it promotes and facilitates collaboration among scientists to accelerate the pace of discovery from bench to bedside. NFCR does so by providing researchers with seed funding to further their cancer research and recognizes scientists who have made an original discovery or breakthrough in scientific understanding of cancer. The organization also provides a public education program that offers information about cancer prevention, early detection and diagnoses, and treatment options. Some ($1,775,267 or 25%) of NFCR's program activities are carried out in conjunction with fundraising appeals.
For the year ended December 31, 2023, National Foundation for Cancer Research's program expenses were:
Cancer research: $4,781,528
Public education and information: $2,400,563
Total Program Expenses: $7,182,091
Chief Executive
Sujuan Ba, Ph.D., President and Chief Executive Officer
Compensation*
$553,310
Chair of the Board
Alfred Slanetz, Ph.D.
Chair's Profession / Business Affiliation
President and Chief Executive Officer, Geneius Biotechnology, Inc.
Board Size
7
Paid Staff Size
14
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Telemarketing, Print advertisements
NFCR incurred joint costs of $2,879,259 for informational materials and activities that included fundraising materials. Of those costs $1,775,267 was allocated to program expenses and $1,103,992 was allocated to fundraising expenses.
Fundraising costs were 20% of related contributions. (Related contributions, which totaled $8,668,460, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on National Foundation for Cancer Research's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Public support | $7,198,927 |
| Bequests | $1,469,533 |
| Mailing list rental | $102,377 |
| Investment return, net | $773,689 |
| Other revenue | $21,009 |
| Total Income | $9,565,535 |
Programs: 74% Fundraising: 18% Administrative: 8%
| Total Income | $9,565,535 |
| Total expenses: | $9,742,355 |
| Program expenses | $7,182,091 |
| Fundraising expenses | $1,766,660 |
| Administrative expenses | $793,604 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-176,820 |
| Beginning Net Assets | $7,610,607 |
| Other Changes In Net Assets | $249,949 |
| Ending Net Assets | $7,683,736 |
| Total Liabilities | $2,852,963 |
| Total Assets | $10,536,699 |
Note: As noted in the financial section above, "other changes in net assets" refers to change in value of split-interest agreements.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance