St Baldricks Foundation Inc
- Assets
- $25.7m
- Revenue
- $23.9m
- Investments
- $0.0
- Employees
- 50
- Location
- Monrovia, CA
- Founding
- 12/2004
- Data as of
- 06/2023
- EIN
- 20-1173824
Organization Overview
St Baldricks Foundation Inc is located in Monrovia, CA. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, St Baldricks Foundation Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Baldricks Foundation 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, St Baldricks Foundation Inc generated $23.9m 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 (5.9%) each year. All expenses for the organization totaled $22.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, St Baldricks Foundation Inc has awarded 683 individual grants totaling $175,398,030. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUNDING CHILDHOOD CANCER RESEARCH TO CURE CHILDREN AND GIVE SURVIVORS LONG & HEALTHY LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ST. BALDRICK'S FOUNDATION IS THE LARGEST NON-GOVERNMENT FUNDER OF CHILDHOOD CANCER RESEARCH GRANTS. WITH A RIGOROUS SCIENTIFIC REVIEW PROCESS, THESE GRANT TYPES WERE FUNDED: NEXT GENERATION TRAINING/RESEARCH: FELLOWSHIPS, SCHOLARS & INTERNATIONAL SCHOLARS. DISCOVERY RESEARCH: RESEARCH AND INFRASTRUCTURE. COOPERATIVE RESEARCH: CHILDREN'S ONCOLOGY GROUP AND OTHER RESEARCH CONSORTIA. OTHERS INCLUDE SPECIFIC RESEARCH INITIATIVES FUNDED BY MAJOR DONORS AND AWARDED TO THE HIGHEST REVIEWED APPLICANTS, INTERNATIONAL BENEFICIARY AWARDS, A DATA COMMONS STRATEGIC INITIATIVE AWARD, AND A ST. BALDRICK'S EPICC TEAM (EMPOWERING PEDIATRIC IMMUNOTHERAPIES FOR CHILDHOOD CANCERS) FUNDED TO CONTINUE TO USE GENOMICS TO DEVELOP NEW IMMUNOTHERAPIES. (CONTINUED ON SCHEDULE O) THE FOUNDATION ALSO PLAYS A LEADING ROLE IN THE CHILDHOOD CANCER COMMUNITY, ADVOCATING FOR MORE EFFECTIVE POLICIES AND INCREASED FEDERAL FUNDING FOR CHILDHOOD CANCER RESEARCH. THE FOUNDATION MAKES DISEASE-SPECIFIC GRANTS AS WELL AS GRANTS AIMED AT MULTIPLE CHILDHOOD CANCERS AS WELL AS GRANTS AIMED AT TRAINING AND SUPPORTING THE WORK OF YOUNG INVESTIGATORS, DATA SHARING AND CANCER DISCIPLINES. WE LED THE EFFORT TO PASS THE CHILDHOOD CANCER STAR ACT AND WORKED WITH ADVOCATES AND THE CONGRESSIONAL CHILDHOOD CANCER CAUCUS TO SECURE CONTINUED FUNDING FROM CONGRESS. DURING THE YEAR WE ALSO LED THE SUCCESSFUL EFFORT TO REAUTHORIZE THE CHILDHOOD CANCER STAR ACT FOR AN ADDITIONAL FIVE YEARS. WE FURTHER WORKED WITH CONGRESSIONAL STAFF TO SECURE CONTINUED FUNDING FOR THE CHILDHOOD CANCER DATA INITIATIVE AND ENSURE THE FUNDS WERE APPROPRIATED. THESE EFFORTS RESULTED IN $80 MILLION IN ADDITIONAL FEDERAL FUNDS FOR CHILDHOOD CANCER RESEARCH FOR THE NCI AND CDC. WE WORKED WITH COALITIONS OF OTHER NONPROFITS SUPPORTIVE OF CHILDHOOD CANCER AND JOINTLY TRAINED VOLUNTEER ADVOCATES TO EDUCATE ELECTED OFFICIALS, LEGISLATIVE STAFF AND FEDERAL AGENCIES AS TO THE NEEDS OF CHILDREN WITH CANCER AND THE WORK OF THE RESEARCHERS ENDEAVORING TO SAVE THEM.IN FY 2023, GRANTS WERE AWARDED IN THE FOLLOWING CATEGORIES:SCHOLARS (YOUNG INVESTIGATOR AWARDS) 2,670,027INTERNATIONAL SCHOLARS 329,284CONSORTIUM RESEARCH GRANTS 1,459,737FELLOWSHIPS 1,310,726INFRASTRUCTURE 1,280,886CHILDREN'S ONCOLOGY GROUP 2,095,952RESEARCH GRANTS 1,799,999OSTEOSARCOMA RFA AWARD 1,500,000ST.BALDRICK'S EPICC TEAM (EMPOWERING PEDIATRIC IMMUNOTHERAPIES FOR CHILDHOOD CANCERS) 1,090,829INTERNATIONAL BENEFICIARIES & DOMESTIC PARTNERS 289,074ST. BALDRICK'S STATEGIC INITIATIVE GRANT 400,000AACR ST. BALDRICK'S FOUNDATION AWARD 75,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Ruddy CEO | OfficerTrustee | 40 | $251,423 |
Frank Nutter Chairman | OfficerTrustee | 1 | $0 |
Tim Kenny Board Member/treasurer | Trustee | 1 | $0 |
John R Bender Board Member | Trustee | 1 | $0 |
Sue Cohn MD Board Member | Trustee | 1 | $0 |
Tom Selquist Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Firespring Inc Custom Operating System, Fullfillment | 6/29/23 | $2,138,422 |
Icebox-cool Stuff Llc Fulfillment | 6/29/23 | $243,553 |
Mathis Strategies Lobbying Services | 6/29/23 | $150,000 |
Numsp Dba Netfusion It Services | 6/29/23 | $146,109 |
Miller Kaplan Arase Llp Is Services | 6/29/23 | $108,765 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $210,683 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,215,979 |
| Noncash contributions included in lines 1a–1f | $68,315 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,426,662 |
| Total Program Service Revenue | $0 |
| Investment income | $490,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $154 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,917,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,688,304 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $107,894 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $725,337 |
| Compensation of current officers, directors, key employees. | $236,751 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,506,374 |
| Pension plan accruals and contributions | $123,683 |
| Other employee benefits | $425,158 |
| Payroll taxes | $233,015 |
| Fees for services: Management | $67,000 |
| Fees for services: Legal | $16,747 |
| Fees for services: Accounting | $45,600 |
| Fees for services: Lobbying | $125,826 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,051 |
| Fees for services: Other | $16,863 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,192,229 |
| Royalties | $0 |
| Occupancy | $333,297 |
| Travel | $103,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $599,403 |
| Insurance | $74,894 |
| All other expenses | $0 |
| Total functional expenses | $22,571,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $848,767 |
| Savings and temporary cash investments | $20,986,989 |
| Pledges and grants receivable | $1,285,115 |
| Accounts receivable, net | $0 |
| 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 | $390,832 |
| Net Land, buildings, and equipment | $33,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,149,147 |
| Total assets | $25,694,418 |
| Accounts payable and accrued expenses | $410,173 |
| Grants payable | $12,401,137 |
| 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 | $1,409,047 |
| Total liabilities | $14,220,357 |
| Net assets without donor restrictions | $10,203,103 |
| Net assets with donor restrictions | $1,270,958 |
| 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 | $25,694,418 |
Grants Awarded
Over the last fiscal year, St Baldricks Foundation Inc has awarded $14,291,298 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
RESEARCH INSTITUTE AT NATIONWIDE CHILDREN'S HOSPITAL PURPOSE: PEDIATRIC CANCER RESEARCH | $298,493 |
AMERICAN ASSOCIATION FOR CANCER RESEARCH PURPOSE: PEDIATRIC CANCER RESEARCH | $75,000 |
ALBANY MEDICAL COLLEGE PURPOSE: PEDIATRIC CANCER RESEARCH | $50,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: PEDIATRIC CANCER RESEARCH | $400,000 |
BECKMAN RESEARCH INSTITUTE OF THE CITY OF HOPE PURPOSE: PEDIATRIC CANCER RESEARCH | $530,000 |
BLANK CHILDREN'S HOSPITAL PURPOSE: PEDIATRIC CANCER RESEARCH | $50,000 |