Charity Report

  • Issued: February 2016
  • Expires: February 2018

Leukemia Research Foundation

Accredited Charity

Meets Standards

847-424-0600

191 Waukegan Road, Suite 105
Northfield, IL 60093

http://www.allbloodcancers.org

847-424-0600

191 Waukegan Road, Suite 105
Northfield, IL 60093

http://www.allbloodcancers.org

Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

Measuring Effectiveness

Finances

Fundraising & Info

Conclusion

Leukemia Research Foundation meets the remaining 0 Standards for Charity Accountability.

Purpose

  • Year, State Incorporated

    1951, IL

  • Stated Purpose

    Dedicated to conquering all blood cancers by funding research into their causes and cures, and enriching the quality of life of those touched by these diseases.


Programs

The Leukemia Research Foundation’s programs serve three main tenets: 1. Fund Worldwide Medical Research Based on recommendations from their Medical Advisory Board, the LRF provides research grants to scientists around the world. The LRF exclusively funds New Investigators - individuals who are beginning to establish their own laboratories and are no longer under the tutelage of a senior scientist mentor. These one year grants are $100,000 each, an amount that allows innovative scientists to act on their ideas, and try new procedures and experiments that will lead to significant breakthroughs. Over the years, the LRF has funded hundreds of research scientists and projects on five different continents with their exclusive focus on New Investigators. 2. Patient Financial Assistance The LRF’s Patient Financial Assistance Program provides support to patients and families struggling under the financial burden of a blood cancer diagnosis. The Program alleviates expenses not covered by insurance that may include doctor visits and co-pays, hospital care, laboratory work, prescription expenses, transportation expenses, and germ-free lodging for transplant recipients. 3. Support Programs The LRF conducts educational and support programs for patients, family members, caregivers and medical professionals. These conferences, including the Treatment Options for Blood Cancer Patients Conference, the Town Hall Meeting, and Town Hall Meeting in Spanish, are offered free of charge or registration. They provide opportunities for direct dialogue between patients and prominent hematology/oncology and transplant specialists to discuss treatment options and procedures.

For the year ended June 30, 2015, Leukemia Research Foundation program expenses were:

Program Expenses $1,551,905

Governance & Staff

  • CEO

    Kevin Radelet, Executive Director

  • Compensation*

    $120,108.00

  • Board Chair

    Larry Mix

  • Chair's Profession / Business Affiliation

    Vice President

  • Board Size

    15

  • Paid Staff Size

    7

Fundraising

Leukemia Research Foundation incurred joint costs of $8,345 for informational materials and activities that included fundraising materials. Of those costs $3,338 was allocated to program expenses $5,007 was allocated to fundraising expenses, and .

Fundraising costs were 11% of related contributions. (Related contributions, which totaled $1,915,984, are donations received as a result of fundraising activities.)

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.


Financial

The following information is based on Leukemia Research Foundation's Audited financial statements for the fiscal year ending June 30, 2015

Breakdown of Expenses

Total Income $1,915,991
Total Expenses: $1,993,388
Program Expenses $1,551,905
Fundraising Expenses $210,578
Administrative Expenses $215,794
Other Expenses $15,111
Expenses in Excess of Income $77,397
Beginning Net Assets $2,100,388
Ending Net Assets $2,022,991
Total Liabilities $899,584
Total Assets $2,922,575

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 International Association of Better Business Bureaus.

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