Cure Breast Cancer Foundation Inc
- Assets
- $3.2m
- Revenue
- $556.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton, NJ
- Founding
- 07/2008
- Data as of
- 12/2022
- EIN
- 26-1518043
Organization Overview
Cure Breast Cancer Foundation Inc is located in Clifton, NJ. The organization was established in 2008. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cure Breast Cancer 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 12/2022, Cure Breast Cancer Foundation Inc generated $556.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $385.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cure Breast Cancer Foundation Inc has awarded 11 individual grants totaling $1,127,403. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CURE BREAST CANCER FOUNDATION, INC. WAS ESTABLISHED AND IS TO BE OPERATED EXCLUSIVELY TO FURTHER CHARITABLE AND SCIENTIFIC PURPOSES. THE FOUNDATION WILL RAISE FUNDS FROM FUNDRAISING EVENTS SUCH AS GOLF OUTINGS AND OTHER FUNDRAISING EVENTS, INVESTMENT INCOME AND CONTRIBUTIONS FROM INDIVIDUALS AND THE BUSINESS COMMUNITY. THE FOUNDATION WILL MAKE GRANTS TO SUPPORT ACTIVITIES AND PROJECTS RELATING TO THE CAUSES, PREVENTION, TREATMENT AND CURE OF BREAST CANCER, SUCH AS RESEARCH, DRUG TRIALS AND OTHER MEDICAL AND/OR SCIENTIFIC ACTIVITIES AND PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALBERT EINSTEIN COLLEGE OF MEDICINE:STUDYING THE RELATIONSHIP BETWEEN BONE METABOLISM AND BREAST CANCER. A PAPER DESCRIBING THE RELATIONSHIPS BETWEEN THE FUNCTION OF BONE-FORMING CELLS AND BREAST CANCER BIOLOGY IS SOON TO BE PUBLISHED. THIS WORK RELATES TO BOTH BREAST CANCER AND OSTEOPOROSIS, TWO COMMON PROBLEMS IN POST-MENOPAUSAL WOMEN THROUGHOUT THE WORLD.
BREAST CANCER RESEARCH:GRANTS ARE GIVEN TO ORGANIZATIONS TO BE USED FOR RESEARCH ON A CURE FOR PATIENTS WITH BREAST CANCER AT THE MEMORIAL SLOAN KETTERING CANCER CENTER AS WELL AS OTHER NATIONAL AND INTERNATIONAL BREAST CANCER RESEARCH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carly Abramson President | OfficerTrustee | 1 | $0 |
Lauren Mirman VP And Trustee | OfficerTrustee | 1 | $0 |
Heather Symons VP And Trustee | OfficerTrustee | 1 | $0 |
Andrew Abramson Treasurer & Secretary | OfficerTrustee | 4 | $0 |
Drlarry Norton Scientific Advisor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $432,980 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,435 |
| Noncash contributions included in lines 1a–1f | $29,763 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $546,415 |
| Total Program Service Revenue | $0 |
| Investment income | $7,636 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,672 |
| Net Income from Fundraising Events | -$10,562 |
| Net Income from Gaming Activities | $10,487 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,982 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $111,391 |
| Insurance | $8,901 |
| All other expenses | $0 |
| Total functional expenses | $385,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,829 |
| Savings and temporary cash investments | $1,252,704 |
| Pledges and grants receivable | $38,461 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $333,489 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,560,252 |
| Other assets | $3,500 |
| Total assets | $3,242,235 |
| Accounts payable and accrued expenses | $555 |
| 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 | $555 |
| Net assets without donor restrictions | $3,241,680 |
| Net assets with donor restrictions | $0 |
| 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 | $3,242,235 |
Grants Awarded
Over the last fiscal year, Cure Breast Cancer Foundation Inc has awarded $285,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE OF MEDICINE INC PURPOSE: RESEARCH | $200,000 |
MEMORIAL SLOAN-KETTERING CANCER CENTER PURPOSE: RESEARCH | $85,000 |