Karen Wellington Memorial Foundation For Living With Breast
- Assets
- $629.0k
- Revenue
- $900.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Cincinnati, OH
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3768567
Organization Overview
Karen Wellington Memorial Foundation For Living With Breast, operating under the name Cancer, is located in Cincinnati, OH. The organization was established in 2009. 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. As of 12/2022, Cancer employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cancer 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, Cancer generated $900.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $877.7k during the year ending 12/2022. While expenses have increased by 15.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PUT FUN ON THE CALENDARS OF WOMEN AND FAMILIES LIVING WITH BREAST CANCER BY SENDING THEM ON SPECIAL VACATIONS, RELAXING SPA DAYS, DINNERS OUT, CONCERTS AND OTHER FUN-ONLY ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT KWF WE WORK TO PUT FUN ON THE CALENDARS FOR WOMEN AND FAMILIES LIVING WITH BREAST CANCER. FROM VACATIONS, TO SPA DAYS, BACKSTAGE PASSES AND SPORTING EVENTS, TRIPS TO THE ZOO, AND NIGHTS ON THE TOWN, NO SINGLE GIFT OF FUN IS THE SAME. IN 2022 ALONE, WE GAVE OVER 500 TOTAL GIFTS WHICH PROVIDED A MUCH NEEDED RESPITE AND MENTAL HEALTH BREAK FROM BREAST CANCER. AS KWF INCREASES GIVING, WE WILL SEND ABOUT 100+ WOMEN ON VACATIONS, 250+ WOMEN TO SPAS AND OTHER GIFTS OF FUN, AND 500 LEMONS TO LEMONADE FUN BOXES. APPROXIMATELY 75% OF THOSE GIFTS ARE IN-KIND DONATED EXPERIENCES - INCLUDING DONATED VACATION HOME RENTALS, DONATED SPA DAYS GIFTED BY VARIOUS SPAS THROUGHOUT THE US, DONATED CONCERT AND SPORTS TICKETS, AND MORE. IN SHORT, WE LEVERAGE DONATIONS IN PUTTING KWF EXPERIENCES TOGETHER FOR KWF RECIPIENTS. THESE EXPERIENCES ARE DESIGNED TO HELP WOMEN, WHO ARE ACTIVELY BATTLING BREAST CANCER, LIVE LIFE TO THE FULLEST. THE MENTAL HEALTH BENEFITS OF HAVING "SOMETHING GOOD" TO LOOK FORWARD TO HAVE BEEN PROVEN TO ENERGIZE AND RENEW THEM, ENCOURAGING THEM TO STAY POSITIVE DURING THE DARKEST OF TIMES. KWF'S MISSION IS TO GIVE TO ALL WHO ARE NOMINATED AND REACH MORE WOMEN AND FAMILIES IN THE COMING YEARS. AROUND 30% OF OUR GIFTS ARE THE "LAST" EXPERIENCES THESE FAMILIES HAVE. WHICH IS WHY MANY FAMILIES CHOOSE KWF AS A BENEFICIARY OF THEIR MEMORIAL FUND. WE CALL THESE GIFTS FUNDS. OUR LIST OF FUNDS KEEPS GROWING AND WHILE WE ARE SADDENED AT THE LOSS OF LIFE, WE ARE PRIVILEGED TO HELP FAMILIES HEAL THROUGH PAYING IT FORWARD. MANY OF THOSE FAMILIES STAY INVOLVED WITH KWF BY HELPING US DELIVER FUN TO OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Falke Director | Trustee | 1 | $0 |
Dave Laug Director | Trustee | 1 | $0 |
Marie Arcuri Secretary | OfficerTrustee | 1 | $0 |
Dr Steve Perez Director | Trustee | 1 | $0 |
Steven Reder Director | Trustee | 1 | $0 |
Terri Karsten Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $220,229 |
| Related organizations | $0 |
| Government grants | $75,459 |
| All other contributions, gifts, grants, and similar amounts not included above | $466,950 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $762,638 |
| Total Program Service Revenue | $0 |
| Investment income | $6,675 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,321 |
| Net Income from Fundraising Events | $144,607 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$8,215 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $900,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $401,672 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,741 |
| Compensation of current officers, directors, key employees. | $17,245 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $219,814 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,113 |
| Payroll taxes | $23,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $70 |
| Fees for services: Other | $7,443 |
| Advertising and promotion | $35,266 |
| Office expenses | $17,198 |
| Information technology | $1,823 |
| Royalties | $0 |
| Occupancy | $20,891 |
| Travel | $5,444 |
| 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 | $5,715 |
| All other expenses | $14,469 |
| Total functional expenses | $877,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,019 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $296,075 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,891 |
| Total assets | $628,985 |
| Accounts payable and accrued expenses | $26,951 |
| 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 | $26,951 |
| Net assets without donor restrictions | $602,034 |
| 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 | $628,985 |