BBB Wise Giving Report for
Pancreatic Cancer Action Network

BBB Wise Giving Report issued March 2010
BBB Wise Giving Report expires March 2012


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: Pancreatic Cancer Action Network
Address: 1500 Rosecrans Avenue, Suite 200
  Manhattan Beach, CA 90266
Phone: 310-725-0025
877-272-6226
Web Address: www.pancan.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1999, California
Affiliates: 72 chapters
Stated Purpose: "to work together to advance research, support patients and create hope for those afflicted by pancreatic cancer."

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Evaluation Conclusions

              

Pancreatic Cancer Action Network (PCAN) meets the 20 Standards for Charity Accountability.
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Programs

              

PCAN conducts programs that provide research, patient support, community outreach and advocacy for a cure to pancreatic cancer. The organization funds research grants, works to build a cohesive pancreatic cancer research community, and acts as a facilitator to expedite scientific progress that benefits patients. The organization’s Patient and Liaison Services (PALS) provides one-on-one information and support for patients and their family members including resources about the disease, treatment options, clinical trials, diet and nutrition, and a survivor and caregiver network. PALS is available free of charge. PCAN also supports volunteers nationwide who help to raise awareness of the disease by hosting local fundraising events, attending health fairs, distributing patient information to hospitals and doctors' offices, contacting media outlets, and alerting their elected officials about the need for increased emphasis on pancreatic cancer research. The organization is works to increase the survival rate for people diagnosed with the disease through The Vision of Progress: Double the Pancreatic Cancer Survival Rate by 2020 initiative. As part of this initiative, PCAN reports that it is increasing its efforts to heighten awareness, raise funds for comprehensive private research, and advocate for dedicated federal research to advance early diagnostics, better treatments and increase chances of survival.

For the fiscal year ended June 30, 2009, PCAN's program expenses were:

  
Research advocacy 3,181,019
Education 1,971,928
Patient support 1,828,122
Total Program Expenses: $6,981,069
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Governance

              

Chief Executive : Julie Fleshman, President and CEO
Compensation*:
$214,617

Chair of the Board: Peter Kovler
Chair's Profession / Business Affiliation: Director, Marjorie Kovler Philanthropic Fund, and Board Chair, Blum-Kovler Foundation

Board Size: 7

Paid Staff Size: 58

*July 1, 2008 - June 30, 2009 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, print advertisements, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 10% of related contributions. (Related contributions, which totaled $8,833,708, are donations received as a result of fund raising activities.)
PCAN incurred joint costs of $111,147 for informational materials and activities that included fund raising materials. Of those costs, $93,900 was allocated to program expenses, $12,780 was allocated to fund raising expenses, and $4,467 was allocated to administrative expenses.
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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 PCAN's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Special events (net) 4,769,269
Contributions 4,064,439
Store sales (net) 170,737
Investment return -176,994
Total Income $8,827,451


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 11%  Administrative: 3% 

Total income   $8,827,451
  Program expenses $6,981,069
  Fund raising expenses 857,279
  Administrative expenses 234,659
 
Total expenses   $8,073,007
Income in Excess of Expenses   754,444
Beginning net assets   3,483,686
Ending net assets   4,238,130
Total liabilities   1,390,480
Total assets   $5,628,610


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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.

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