BBB Wise Giving Report for
American Association for Cancer Research

BBB Wise Giving Report issued March 2012
BBB Wise Giving Report expires March 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: American Association for Cancer Research
Address: 615 Chestnut Street,
17th Floor
  Philadelphia, PA 19106
Phone: 215-440-9300
Web Address: www.aacr.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1941, New York
Affiliates: AACR Foundation for the Prevention and Cure of Cancer

Stated Purpose: "to prevent and cure cancer through research, education, communication, and collaboration."

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Evaluation Conclusions

               

AACR meets the 20 Standards for Charity Accountability.
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Programs

               

Through its programs and services, AACR fosters the exchange of knowledge and new ideas amongst scientists involved in cancer research as well as provide training opportunities for new cancer researchers. The organization also works to increase public understanding of cancer through the publication of seven peer reviewed journals, the publication of a magazine for cancer survivors, patient advocates, and their families. AACR reports that it holds scientific conferences and meetings that draw about 25,000 participants from the cancer community and that it offers educational workshops, fellowships and research grants to investigators. Furthermore, the organization advocates for federal research funding.

For the year ended December 31, 2010, AACR's program expenses were:

  
Scientific awards, fellowships, career development awards and research grants 30,238,567
Meetings and educational workshops 13,902,541
Publications 9,587,059
Communications 1,129,441
Science policy and legislative affairs 1,096,380
Survivor and patient advocates 1,002,859
Programs for special constituents 858,114
Scientific initiatives 292,645
Total Program Expenses: $58,107,606
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Governance

               

Chief Executive : Dr. Margaret Foti, Chief Executive Officer
Compensation*:
 $670,918

Chair of the Board: Dr. Judy Garber
Chair's Profession / Business Affiliation: Director, Center for Cancer Genetics and Prevention, Dana-Farber Cancer Institute

Board Size: 19

Paid Staff Size: 170

*2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 18% of related contributions. (Related contributions, which totaled $19,096,109, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on AACR's audited financial statements (consolidated with affiliate) for the year ended December 31, 2010.

Source of Funds  
Contributions 15,543,212
Publications 14,961,659
Meetings and educational workshops 12,371,745
Investment income, net 5,515,303
Membership dues 2,795,779
Government grants 757,118
Other 277,896
Total Income $52,222,712


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Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 5%  Administrative: 5% 

Total income   $52,222,712
  Program expenses $58,107,606
  Fund raising expenses 3,439,717
  Administrative expenses 2,954,203
 
Total expenses   $64,501,526
Expenses in Excess of Income   (12,278,814)
Beginning net assets   58,174,491
Other Changes in Net Assets (11,214)
Ending net assets   45,884,463
Total liabilities   47,736,093
Total assets   $93,620,556

Note: In the above financial summary, "other changes in net assets" represents a change in value of charitable gift annuity obligation.

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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 BBB 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 Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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