Rally Foundation Inc
- Assets
- $13.6m
- Revenue
- $9.5m
- Investments
- $350.0k
- Employees
- 20
- Location
- Atlanta, GA
- Founding
- 09/2005
- Data as of
- 03/2024
- EIN
- 20-1950849
Organization Overview
Rally Foundation Inc is located in Atlanta, GA. The organization was established in 2005. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2024, Rally Foundation Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rally 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 03/2024, Rally Foundation Inc generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $7.8m during the year ending 03/2024. While expenses have increased by 15.6% per year over the past 9 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 2016, Rally Foundation Inc has awarded 401 individual grants totaling $31,639,508. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
RALLY FOUNDATION, A 501(C)(3) NON PROFIT ORGANIZATION, EMPOWERS VOLUNTEERS ACROSS THE COUNTRY TO RAISE AWARENESS AND FUNDS FOR CHILDHOOD CANCER RESEARCH TO FIND BETTER TREATMENTS WITH FEWER LONG TERM SIDE EFFECTS AND, ULTIMATELY, CURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RALLY FOUNDATION RESEARCH GRANTS PROGRAM: RALLY FOUNDATION, THROUGH ITS COMPETITIVE PEER REVIEW PROCESS, SUPPORTS ALL TYPES OF CHILDHOOD CANCER RESEARCH INCLUDING BUT NOT LIMITED TO SCIENCE AT THE BENCH (VERY EARLY RESEARCH), INNOVATIVE STUDIES, CLINICAL TRIALS, TARGETED THERAPIES, DNA STUDIES AND SURVIVORSHIP STUDIES. RALLY FOUNDATION FUNDS 2ND, 3RD & 4TH YEAR FELLOWS, YOUNG INVESTIGATORS, INDEPENDENT INVESTIGATORS AND CONSORTIUMS. IN AN EFFORT TO STREAMLINE THE GRANT PROCESS, RALLY FOUNDATION VETS AND CO-FUNDS RESEARCH WITH OTHER CHILDHOOD CANCER ORGANIZATIONS.
RALLY FOUNDATION PUBLIC EDUCATION AND AWARENESS: RALLY FOUNDATION HAS EDUCATED MORE THAN 500,000 PEOPLE ON THE NEED FOR CHILDHOOD CANCER RESEARCH. RALLY HAS ENGAGED APPROXIMATELY 2,465 VOLUNTEERS IN THE CURRENT YEAR. MOST OF RALLY'S PUBLIC EDUCATION AND AWARENESS PROGRAMS ARE GRASSROOTS EFFORTS TO INFORM THE PUBLIC ABOUT THE NEED FOR CHILDHOOD CANCER RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Crowe Co-Founder & CEO | OfficerTrustee | 45 | $260,000 |
Reid Crowe C0-Founder & COO | OfficerTrustee | 45 | $132,083 |
Blaine Hess Secretary | OfficerTrustee | 5 | $0 |
Scott Givens Treasurer | OfficerTrustee | 5 | $0 |
Peggy Fulghum Chair Emeritus | Trustee | 5 | $0 |
Carole Ann Orsborn Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,061,082 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,935,683 |
| Noncash contributions included in lines 1a–1f | $537,342 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,996,765 |
| Total Program Service Revenue | $0 |
| Investment income | $430,792 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,820 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,475,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,598,685 |
| Grants and other assistance to domestic individuals. | $311,667 |
| Grants and other assistance to Foreign Orgs/Individuals | $375,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $426,031 |
| Compensation of current officers, directors, key employees. | $4,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,143,142 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $551,138 |
| Advertising and promotion | $0 |
| Office expenses | $45,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $69,243 |
| 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 | $0 |
| Insurance | $18,013 |
| All other expenses | $18,056 |
| Total functional expenses | $7,790,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,262,587 |
| Savings and temporary cash investments | $552,609 |
| Pledges and grants receivable | $0 |
| 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 | $37,069 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,370,520 |
| Investments—other securities | $350,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,572,785 |
| Accounts payable and accrued expenses | $45,404 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $45,404 |
| Net assets without donor restrictions | $13,460,280 |
| Net assets with donor restrictions | $67,101 |
| 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 | $13,572,785 |
Grants Awarded
Over the last fiscal year, Rally Foundation Inc has awarded $3,548,688 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ARMS WIDE OPEN CHILDHOOD CANCER FOUNDATION PURPOSE: PEDIATRIC CANCER STUDY | $31,250 |
BOSTON CHILDREN'S HOSPITAL PURPOSE: PEDIATRIC CANCER STUDY | $25,000 |
CHILDREN'S CANCER THERAPY DEVELOPMENT INSTITUTE PURPOSE: PEDIATRIC CANCER STUDY | $50,000 |
CHILDREN'S HOSPITAL LOS ANGELES PURPOSE: PEDIATRIC CANCER STUDY | $75,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: PEDIATRIC CANCER STUDY | $250,000 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: PEDIATRIC CANCER STUDY | $50,000 |