Karin Grunebaum Cancer Research Foundation
- Assets
- $1.6m
- Revenue
- $35.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 05/1962
- Data as of
- 06/2022
- EIN
- 04-6053493
Organization Overview
Karin Grunebaum Cancer Research Foundation is located in Cambridge, MA. The organization was established in 1962. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karin Grunebaum Cancer Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Karin Grunebaum Cancer Research Foundation generated $35.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $99.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karin Grunebaum Cancer Research Foundation has awarded 14 individual grants totaling $410,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO HARVARD MEDICAL SCHOOL - TO FURTHER CANCER RESEARCH
GRANTS TO BOSTON UNIVERSITY SCHOOL OF MEDICINE - TO FURTHER CANCER RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby K Schultz Secretary | 2 | $0 | |
Edward Harlow Jr PHD Trustee | 1 | $0 | |
Steven E Wallach ESQ Chairperson | 5 | $0 | |
Carol G Kelly Treasurer | 2 | $0 | |
Michael J Droller MD Trustee | 1 | $0 | |
Douglas V Faller PHD MD Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,125 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,071 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,622 |
| Taxes | $207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,950 |
| Printing and publications | $0 |
| Other expenses | $4,315 |
| Total operating and administrative expenses | $16,456 |
| Contributions, gifts, grants paid | $83,350 |
| Total expenses and disbursements | $99,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,495 |
| Savings and temporary cash investments | $48,013 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $12,500 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $99,087 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,587,038 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karin Grunebaum Cancer Research Foundation has awarded $83,350 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD MEDICAL SCHOOL PURPOSE: CANCER RESEARCH | $62,500 |
BOSTON UNIVERSITY SCHOOL OF MEDICINE PURPOSE: CANCER RESEARCH | $20,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Count Me In Inc Cambridge, MA | $7,331,909 | $8,017,841 |
Lung Cancer Research Foundation New York, NY | $5,738,095 | $6,154,252 |
The Ricbac Foundation Newtonville, MA | $46,150,580 | $5,404,964 |
Samuel Waxman Cancer Research Foundation New York, NY | $4,834,675 | $2,510,809 |
Advanced Medical Research Foundation Inc Brookline, MA | $69,323,551 | $6,501,514 |
International Myeloma Society Needham, MA | $7,371,497 | $4,469,545 |
Laniado Development Fund Inc Monsey, NY | $541,683 | $1,706,128 |
American-Italian Cancer Foundation New York, NY | $5,209,552 | $1,660,961 |
Stachestrong Inc Vestal, NY | $447,946 | $1,183,926 |
Cancer Research & Treatment Fund Inc New York, NY | $14,862,676 | $1,096,322 |
Animal Cancer Foundation Port Washington, NY | $876,698 | $316,207 |
Hairy Cell Leukemia Foundation New York, NY | $2,260,828 | $2,372,436 |