Randy Shaver Cancer Research And Community Fund
- Assets
- $226.3k
- Revenue
- $881.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 10/2009
- Data as of
- 01/2022
- EIN
- 27-0476510
Organization Overview
Randy Shaver Cancer Research And Community Fund is located in Minnetonka, MN. The organization was established in 2009. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Randy Shaver Cancer Research And Community Fund 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 01/2022, Randy Shaver Cancer Research And Community Fund generated $881.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $861.3k during the year ending 01/2022. While expenses have increased by 6.7% 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.
Since 2015, Randy Shaver Cancer Research And Community Fund has awarded 126 individual grants totaling $5,336,041. 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
THE MISSION OF THE RANDY SHAVER CANCER RESEARCH AND COMMUNITY FUND IS TO ASSIST AND SUPPORT THE CANCER COMMUNITY IN MINNESOTA BY FUNDING RESEARCH, PREVENTION, TREATMENT AND OTHER PROGRAMS RELATING TO THE CANCER COMMUNITY'S PRINCIPAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RANDY SHAVER CANCER RESEARCH AND COMMUNITY FUND SUPPORTS THE CANCER COMMUNITY IN MINNESOTA BY FUNDING RESEARCH, PREVENTION, TREATMENT AND COMMUNITY OUTREACH PROGRAMS RELATING TO CANCER. WHAT MAKES THIS FUND SO UNIQUE IS THAT A NOMINAL AMOUNT OF THE MONIES RAISED ARE SPENT ON ADMINISTRATIVE COSTS, MAKING IT ONE OF THE MOST EFFICIENT USES OF CHARITABLE DONATIONS. GRANTS GIVEN ARE SPENT ON TECHNOLOGY AND TOOLS THAT ENHANCE EARLY DETECTION OF CANCER, NEW PROGRAMS PROMOTING RESEARCH TO HELP PREVENT CANCER RELAPSES, PROJECTS THAT DEMONSTRATE RESEARCH IN THE AREA OF CANCER, AND PROGRAMS THAT ENHANCE THE LIVES OF MINNESOTA'S CANCER COMMUNITY BY PROVIDING AID AND ASSISTANCE. SEE THE 990, SCHEDULE I FOR THE FULL LIST OF AMOUNTS GIVEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roseann Giovanatto-Shaver Vp/secretary/treasurer | OfficerTrustee | 40 | $17,040 |
Randy Shaver President | OfficerTrustee | 1 | $0 |
Lisa Baskfield Board Member | OfficerTrustee | 2 | $0 |
Nathan Allen Board Member | Trustee | 2 | $0 |
Dr David Curran Board Member | Trustee | 1 | $0 |
Dr Michael Spencer Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $303,836 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $583,746 |
| Noncash contributions included in lines 1a–1f | $45,675 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $887,582 |
| Total Program Service Revenue | $0 |
| Investment income | $1,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,596 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $881,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $796,004 |
| 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 | $17,040 |
| 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 | $45,780 |
| Advertising and promotion | $852 |
| Office expenses | $1,114 |
| 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 | $0 |
| Insurance | $477 |
| All other expenses | $0 |
| Total functional expenses | $861,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,502 |
| Savings and temporary cash investments | $16,842 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $226,344 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $226,344 |
| 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 | $226,344 |
Grants Awarded
Over the last fiscal year, Randy Shaver Cancer Research And Community Fund has awarded $778,004 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: CANCER RESEARCH | $628,540 |
Rochester, MN PURPOSE: CANCER RESEARCH | $70,000 |
St Cloud, MN PURPOSE: INFUSION CHAIRS FOR CANCER PATIENTS RECEIVING TREATMENT | $23,495 |
Waite Park, MN PURPOSE: PROVIDE WARRIOR BACKPACKS TO HOLD NECESSITIES | $15,000 |
Plymouth, MN PURPOSE: PROVIDE DAILY MEALS TO FAMILIES OF PATIENTS AND FUNDS TO PURCHASE A PORTABLE LIFT | $12,775 |
Los Angeles, CA PURPOSE: CAMP FOR KIDS WHO HAVE PARENTS DIAGNOSED WITH CANCER | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Randy Shaver Cancer Research And Community Fund has recieved totaling $22,222.
| Awarding Organization | Amount |
|---|---|
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, HEALTH | $11,250 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,730 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $242 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Randy Shaver Cancer Research And Community Fund Minnetonka, MN | $226,344 | $881,869 |
Bryon Riesch Paralysis Foundation Inc Waukesha, WI | $477,065 | $417,057 |
X Out Ald Inc Bloomington, MN | $33,348 | $215,010 |
Aiming For A Cure Foundation Iowa City, IA | $336,242 | $265,430 |
Mn Lions Childhood Cancer Foundation Inc Dassel, MN | $52,953 | $0 |
Als Fundraiser Roseau, MN | $161,573 | $0 |
Littlest Tumor Foundation Appleton, WI | $131,843 | $0 |
Hall Family Foundation Hudson, WI | $271,613 | $142,711 |
Arnold S Leonard Cancer Research Fund Golden Valley, MN | $113,721 | $140,894 |
Anns Hope Foundation Inc Hartland, WI | $13,799 | $0 |
Seth A Bailey Courage Group Iowa City, IA | $8,658 | $0 |
Feisty Fighters Inc Sioux Falls, SD | $219,719 | $0 |