Prevent Cancer Foundation
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
Prevent Cancer Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to empower people to stay ahead of cancer through prevention and early detection."
Year, State Incorporated:
1985, VA
Prevent Cancer Foundation (PCF) reports that it is dedicated to cancer prevention and early detection by focusing its work on research, education, outreach, and advocacy. The organization funds research grants and fellowships at academic institutions and medical centers across the United States. PCF provides evidence-based information about how one can prevent cancer or detect it early through healthy lifestyle choices, vaccinations, and medical screenings. The organization reaches out to communities through programs and grants that allow PCF to empower those who know their communities best, so that it may help implement lifesaving programs that benefit all populations, especially the medically underserved. In addition, PCF engages policymakers and grassroots supporters through advocacy, promoting the enactment of laws, regulations, and funding that prioritize cancer research, prevention, and support the needs of cancer patients and their families.
For the year ended December 31, 2023, Prevent Cancer Foundation's program expenses were:
Research: $1,158,376
Education and public awareness: $4,153,398
Community outreach: $1,125,010
Total Program Expenses: $6,436,784
Chief Executive
Jody Hoyos, Chief Executive Officer
Compensation*
$319,939
Chair of the Board
William F. Magner, III
Chair's Profession / Business Affiliation
Vice Chair, Commercial Real Estate Advisory, Investors and Developers of Redgate
Board Size
17
Paid Staff Size
26
*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, Print advertisements
PCF incurred joint costs of $47,825 for informational materials and activities that included fundraising materials. Of those costs $41,260 was allocated to program expenses, $4,617 was allocated to fundraising expenses, and $1,948 was allocated to administrative expenses.
Fundraising costs were 17% of related contributions. (Related contributions, which totaled $8,643,982, 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 Prevent Cancer Foundation's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Contributions | $2,232,162 |
| Bequests | $1,183,585 |
| In-kind contributions | $682,125 |
| Special events, net | $4,546,110 |
| Other income | $10,149 |
| Investment income | $1,928,381 |
| Total Income | $10,582,512 |
Programs: 74% Fundraising: 17% Administrative: 9%
| Total Income | $10,582,512 |
| Total expenses: | $8,727,252 |
| Program expenses | $6,436,784 |
| Fundraising expenses | $1,505,616 |
| Administrative expenses | $784,852 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,855,260 |
| Beginning Net Assets | $14,149,267 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $16,004,527 |
| Total Liabilities | $5,515,914 |
| Total Assets | $21,520,441 |
Note: According to PCF's 2023 audited financial statements, the organization received $682,125 in contributed goods and services including public service announcements ($677,375), honorarium ($1,225), food and beverage ($1,115), printing discount ($984), other materials ($851), and reimbursements ($575).
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.
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Review in Progress
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Report completed by:
BBB Wise Giving Alliance