Cancer Research Institute Inc is located in New York, NY. The organization was established in 1953. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 06/2023, Cancer Research Institute Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cancer Research Institute Inc 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, Cancer Research Institute Inc generated $32.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $38.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cancer Research Institute Inc has awarded 375 individual grants totaling $192,566,818. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE ON SCHEDULE OTHE CANCER RESEARCH INSTITUTE'S MISSION IS TO SAVE MORE LIVES BYFUELING THE DISCOVERY AND DEVELOPMENT OF POWERFUL IMMUNOTHERAPIES FORALL TYPES OF CANCER. TO ACCOMPLISH THIS, CRI FUNDS LABORATORY,TRANSLATIONAL, AND CLINICAL RESEARCH.
Describe the Organization's Program Activity:
CLINICAL ACCELERATOR GRANTS PROGRAM - SEE SCHEDULE OTHE CRI ANNA-MARIA KELLEN CLINICAL ACCELERATOR : IS AN ACTIVELY MANAGED VENTURE PHILANTHROPY PROGRAM DESIGNED TO SPEED THE DEVELOPMENT OF PROMISING NEW CANCER IMMUNOTHERAPY COMBINATIONS. THIS MODEL FACILITATES RESEARCH COLLABORATION ACROSS LEADING BIOPHARMA COMPANIES AND THE CRI NETWORK OF IMMUNO-ONCOLOGY EXPERTS. THE PROGRAM INCLUDES PLATFORM CLINICAL TRIALS THAT ARE COLLABORATIVE, INTEGRATIVE, SCIENCE/DATA-DRIVEN, AND HYPOTHESIS-ANSWERING CLINICAL STUDIES. CRI PLANS, IMPLEMENTS, INVESTS IN, AND MANAGES EACH CLINICAL ACCELERATOR CLINICAL TRIAL AND WORKS CLOSELY WITH ACADEMIC RESEARCHER AND INDUSTRY PARTNERS ON SUCH STUDIES. EACH CLINICAL TRIAL AND PHILANTHROPIC INVESTMENT BRINGS A POTENTIAL NEW CANCER TREATMENT CLOSER TO PATIENTS, EMPOWERS ACADEMIC RESEARCHERS TO WORK MORE CLOSELY WITH INDUSTRY, AND CREATES A POTENTIAL RETURN ON INVESTMENT TO BE USED TO SUPPORT FURTURE CLINICAL EFFORTS.
CRI CLINICAL INNOVATOR:THE CRI CLINICAL INNOVATOR SUPPORTS NOVEL CLINICAL STUDIES THAT ADDRESS AREAS OF HIGH UNMET NEED IN CANCER AND SEEK MECHANISTIC INSIGHTS INTO CLINICAL RESPONSE WITH A GOAL OF PREDICTIVE BIOMARKER DISCOVERY. TO MAXIMIZE THE IMPACT OF EACH CLINICAL TRIAL, CRI WILL ADVISE ON SELECTED STUDIES IN A COORDINATED EFFORT TO OPTIMIZE CLINICAL TRIAL DESIGN AND TRANSLATIONAL STUDIES. FUNDING OF UP TO $1M PER TRIAL IS AWARDED.CLINIC AND LABORATY INTEGRATION PROGRAM (CLIP):THE CRI CLINIC AND LABORATORY INTEGRATION PROGRAM (CLIP) SUPPORTS PRE-CLINICAL AND TRANSLATIONAL RESEARCH THAT CAN BE DIRECTLY APPLIED TO OPTIMIZING CANCER IMMUNOTHERAPY IN THE CLINIC. CLIP GRANTS ARE AWARDED TO QUALIFIED SCIENTISTS EXPLORING CLINICALLY RELEVANT QUESTIONS AIMED AT IMPROVING THE EFFECTIVENESS OF CANCER IMMUNOTHERAPIES. CLIP GRANTS PROVIDE UP TO $300,000 OVER TWO YEARS. TECHNOLOGY IMPACT AWARD:THE CRI TECHNOLOGY IMPACT AWARD PROVIDES SEED FUNDING OF UP TO $200,000 TO BE USED OVER 24 MONTHS TO ADDRESS THE GAP BETWEEN TECHNOLOGY DEVELOPMENT AND CLINICAL APPLICATION OF CANCER IMMUNOTHERAPIES.CRI IMPACT GRANTS:CRI IMPACT GRANTS SUPPORT RESEARCH PROJECTS AND PUBLIC EDUCATION AND AWARENESS INITIATIVES WITHIN OR APPLICABLE TO THE FIELDS OF IMMUNOLOGY AND TUMOR IMMUNOLOGY FOR WHICH FUNDS HAVE BEEN SPECIFICALLY RAISED.
FELLOWSHIP PROGRAM - SEE SCHEDULE OTHE CRI POSTDOCTORAL FELLOWSHIP PROGRAM INCLUDES THREE TRACKS OF FELLOWSHIPS PROVIDING CAREER DEVELOPMENT, TRAINING, AND DIVERSITY BUILDING IN IMMUNOLOGY AND IMMUNO-INFOMATICS. THE CRI IRVINGTON POSTDOCTORAL FELLOWSHIP, CRI IRVINGTON POSTDOCTORAL FELLOWSHIP TO PROMOTE RACIAL DIVERSITY, AND THE CRI IMMUNO-INFORMATICS FELLOWSHIP EACH SUPPORT YOUNG IMMUNOLOGISTS AND CANCER IMMUNOLOGISTS AT TOP UNIVERSITIES AND RESEARCH CENTERS AROUND THE WORLD. FELLOWS RECEIVE UP TO $243,000 OVER THREE YEARS TO COVER THE COST OF STIPEND, INCLUDING AN INSTITUTIONAL ALLOWANCE TO HELP PAY FOR THE FELLOW'S RESEARCH SUPPLIES, TRAVEL TO SCIENTIFIC MEETINGS, HEALTH INSURANCE, AND/OR CHILDCARE. OF THE MORE THAN 1,550 CRI POSTDOCTORAL FELLOWS FUNDED TO DATE, MANY HAVE SINCE BECOME HEADS OF MAJOR MEDICAL RESEARCH INSTITUTES, ACADEMIC LEADERS IN PRESTIGIOUS UNIVERSITIES, AND ADMIRED MENTORS TO THE NEXT GENERATION OF IMMUNOLOGISTS AND TUMOR IMMUNOLOGISTS.
STAR PROGRAM - SEE SCHEDULE OTHE LLOYD J. OLD STAR PROGRAM, LAUNCHED IN 2019, PROVIDES GRANTS OF $1.25 MILLION OVER 5 YEARS TO MID-CAREER SCIENTISTS. THIS LONGTERM FUNDING IS NOT TIED TO A SPECIFIC RESEARCH PROJECT, BUT RATHER AIMS TO PROVIDE A DEGREE OF FLEXIBILITY AND FREEDOM FOR INVESTIGATORS TO EXPLORE OUTSIDE-THE-BOX AND DISRUPTIVE AVENUES OF RESEARCH. CANDIDATES SELECTED FOR THIS AWARD ARE EXPECTED TO BE FUTURE "STARS" IN THE FIELD OF CANCER IMMUNOLOGY: SCIENTISTS TAKING RISKS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul C Shiverick Chairman | OfficerTrustee | 4 | $0 |
Andrew K Tsai Chairman | OfficerTrustee | 4 | $0 |
Edgar R Berner Vice Chairman | OfficerTrustee | 3 | $0 |
Donald J Gogel Vice Chairman | OfficerTrustee | 3 | $0 |
Andrew M Paul Vice Chairman | OfficerTrustee | 3 | $0 |
Geoffrey O Coley Treasurer | OfficerTrustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sociedad Advertising Patient Summit | 6/29/23 | $627,140 |
Paulo Simas Brand Development | 6/29/23 | $120,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $573,941 |
Membership dues | $0 |
Fundraising events | $1,297,284 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $29,148,992 |
Noncash contributions included in lines 1a–1f | $574,281 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,020,217 |
Total Program Service Revenue | $0 |
Investment income | $644,951 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $29,319 |
Net Gain/Loss on Asset Sales | $546,052 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $32,295,259 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,067,892 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $2,453,930 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,353,418 |
Compensation of current officers, directors, key employees. | $613,684 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,675,895 |
Pension plan accruals and contributions | $314,864 |
Other employee benefits | $748,601 |
Payroll taxes | $237,590 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,783 |
Fees for services: Accounting | $100,926 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $441,768 |
Fees for services: Other | $1,014,995 |
Advertising and promotion | $224,254 |
Office expenses | $258,995 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $467,073 |
Travel | $147,021 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,187,368 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $41,992 |
Insurance | $51,609 |
All other expenses | $0 |
Total functional expenses | $38,552,663 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,783,358 |
Savings and temporary cash investments | $1,903,578 |
Pledges and grants receivable | $25,188,717 |
Accounts receivable, net | $160,297 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $288,340 |
Net Land, buildings, and equipment | $113,116 |
Investments—publicly traded securities | $26,380,379 |
Investments—other securities | $66,740,812 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,450,267 |
Total assets | $138,008,864 |
Accounts payable and accrued expenses | $667,567 |
Grants payable | $66,778,175 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,567,268 |
Total liabilities | $70,013,010 |
Net assets without donor restrictions | $44,693,823 |
Net assets with donor restrictions | $23,302,031 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $138,008,864 |
Over the last fiscal year, Cancer Research Institute Inc has awarded $25,067,892 in support to 45 organizations.
Grant Recipient | Amount |
---|---|
HARVARD UNIVERSITY PURPOSE: RESEARCH | $688,800 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: RESEARCH | $14,800 |
DANA-FARBER CANCER INSTITUTE INC PURPOSE: RESEARCH | $1,535,000 |
BRIGHAM & WOMEN'S HOSPITALHARVARD MEDICAL SCHOOL PURPOSE: RESEARCH | $437,300 |
BOSTON CHILDREN'S HOSPITAL PURPOSE: RESEARCH | $475,100 |
YALE UNIVERSITY SCHOOL OF MEDICINE PURPOSE: RESEARCH | $529,695 |