Karin Grunebaum Cancer Research Foundation
- Assets
- $1.6m
- Revenue
- $95.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 05/1962
- Data as of
- 06/2023
- 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 06/2023, Karin Grunebaum Cancer Research Foundation generated $95.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $102.7k during the year ending 06/2023. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karin Grunebaum Cancer Research Foundation has awarded 18 individual grants totaling $547,341. 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
2023
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 |
|---|---|---|---|
Steven E Wallach ESQ Chairperson | 5 | $0 | |
Carol G Kelly Treasurer | 2 | $0 | |
Shelby K Schultz Secretary | 2 | $0 | |
Edward Harlow Jr PHD Trustee | 1 | $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 | $7,874 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,154 |
| Capital Gain Net Income | $29,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,307 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,248 |
| Taxes | $576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,140 |
| Printing and publications | $0 |
| Other expenses | $4,460 |
| Total operating and administrative expenses | $21,239 |
| Contributions, gifts, grants paid | $81,491 |
| Total expenses and disbursements | $102,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,502 |
| Savings and temporary cash investments | $16,840 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $170,332 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,579,615 |
| 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 $81,491 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD MEDICAL SCHOOL PURPOSE: CANCER RESEARCH | $60,000 |
BOSTON UNIVERSITY SCHOOL OF MEDICINE PURPOSE: CANCER RESEARCH AND TRAVEL STIPENDS FOR RESEARCH FELLOW | $21,491 |