Leukemia Research Foundation
Accredited Charity
Meets Standards
Accredited Charity
Meets Standards
Standards Legend
- Meets Standards
- Standards Not Met
- Did Not Disclose
- Review In Progress
- Unable to Verify
Standards For Charity Accountability
Governance
Measuring Effectiveness
Finances
Fundraising & Info
Conclusion
Leukemia Research Foundation meets the remaining 0 Standards for Charity Accountability.
Purpose
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Year, State Incorporated
1951, IL
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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
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CEO
Kevin Radelet, Executive Director
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Compensation*
$120,108.00
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Board Chair
Larry Mix
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Chair's Profession / Business Affiliation
Vice President
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Board Size
15
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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 |
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