Randy Shaver Cancer Research And Community Fund
- Assets
- $315.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 10/2009
- Data as of
- 01/2024
- 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 01/2024, Randy Shaver Cancer Research And Community Fund generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $1.3m during the year ending 01/2024. While expenses have increased by 2.7% per year over the past 8 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 143 individual grants totaling $7,413,537. 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
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. FUNDRAISING EVENTS FOR THE YEAR INCLUDED: TACKLE CANCER, SHAVER SPECIALS AT ROCK ELM TAVERN AND BIG BORE BARBECUE, CARPS CANCER CRUSHERS-CRIBBAGE TOURNAMENT AND GOLF TOURNAMENT, TAKE DOWN CANCER EVENTS, SWIM AND DIVE EVENTS, SHOOT OUT CANCER HOCKEY EVENTS, STRIKE OUT CANCER EVENTS, GIVE MN, CAR DEALERSHIP FUNDRAISING IN OCTOBER, AND DROPSHOT CANCER PICKLEBALL TOURNAMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Shaver President | OfficerTrustee | 1 | $0 |
Roseann Giovanatto-Shaver Vp/secretary/treasurer | OfficerTrustee | 40 | $21,600 |
Jim Byrne Executive Board Member | OfficerTrustee | 2 | $0 |
Nathan Allen Board Member | Trustee | 2 | $0 |
Dr David Curran Board Member | Trustee | 1 | $0 |
Dr Dina Curran Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $432,614 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $838,573 |
| Noncash contributions included in lines 1a–1f | $146,405 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,271,187 |
| Total Program Service Revenue | $0 |
| Investment income | $10,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,281,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,169,247 |
| 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. | $21,600 |
| Compensation of current officers, directors, key employees. | $2,160 |
| 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 | $2,982 |
| 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 | $50,362 |
| Advertising and promotion | $302 |
| Office expenses | $5,890 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,250,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,067 |
| Savings and temporary cash investments | $287,104 |
| 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 | $315,171 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $21,500 |
| 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 | $21,500 |
| Net assets without donor restrictions | $293,671 |
| 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 | $315,171 |
Grants Awarded
Over the last fiscal year, Randy Shaver Cancer Research And Community Fund has awarded $1,080,247 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALLINA HEALTH FOUNDATION PURPOSE: PROVIDE DAILY MEALS TO FAMILIES OF PATIENTS AND FUNDS TO PURCHASE A PORTABLE LIFT | $14,600 |
BREAST CANCER EDUCATION FOUNDATION PURPOSE: BREAST CANCER AWARENESS AND EDUCATION TO UNDERSERVED COMMUNITIES | $5,997 |
CAMP KESEM - UNIVERSITY OF MN PURPOSE: CAMP FOR KIDS WHO HAVE PARENTS DIAGNOSED WITH CANCER | $10,000 |
CAMP BREAKAWAY PURPOSE: PROVIDE MEALS AND LODGING FOR 80 CAMPERS WITH BLOOD CANCERS AND THEIR SIBLINGS | $21,250 |
HEALTHPARTNERS INSTITUTE PURPOSE: INFUSION CHAIRS FOR CANCER PATIENTS RECEIVING TREATMENT | $30,000 |
INDY FOUNDATION PURPOSE: PROVIDE WARRIOR BACKPACKS TO HOLD NECESSITIES | $25,000 |