Marc Lustgarten Pancreatic Cancer Foundation

Organization Overview

Marc Lustgarten Pancreatic Cancer Foundation, operating under the name Lustgarten Foundation Foundation, is located in Woodbury, NY. The organization was established in 1999. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. As of 06/2023, Lustgarten Foundation Foundation employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lustgarten Foundation Foundation 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 06/2023, Lustgarten Foundation Foundation generated $18.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $28.7m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Lustgarten Foundation Foundation has awarded 171 individual grants totaling $171,498,092. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE LUSTGARTEN FOUNDATION IS THE LARGEST PRIVATE FUNDER OF PANCREATIC CANCER RESEARCH IN THE WORLD.THE LUSTGARTEN FOUNDATION IS THE LARGEST PRIVATE FUNDER OF PANCREATIC CANCER RESEARCH IN THE WORLD. THE FOUNDATION'S MISSION IS TO CURE PANCREATIC CANCER BY FUNDING SCIENTIFIC AND CLINICAL RESEARCH RELATED TO THE DIAGNOSIS, TREATMENT AND PREVENTION OF PANCREATIC CANCER; PROVIDING RESEARCH INFORMATION AND CLINICAL SUPPORT SERVICES TO PATIENTS, CAREGIVERS AND INDIVIDUALS AT HIGH RISK; AND INCREASING PUBLIC AWARENESS AND HOPE FOR THOSE DEALING WITH THIS DISEASE. SINCE ITS INCEPTION, THE LUSTGARTEN FOUNDATION HAS DIRECTED MORE THAN $250 MILLION TO RESEARCH AND HAS ASSEMBLED THE BEST SCIENTIFIC MINDS WITH THE HOPE THAT ONE DAY, A CURE CAN BE FOUND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH PROGRAM: THE LUSTGARTEN FOUNDATION'S MISSION IS TO ADVANCE THE BEST SCIENCE TO TRANSFORM PANCREATIC CANCER INTO A CURABLE DISEASE. 2023 MARKED THE FOUNDATION'S 25TH ANNIVERSARY OF DRIVING PIONEERING PANCREATIC CANCER RESEARCH BREAKTHROUGHS, ACCELERATING PROGRESS FASTER THAN EVER BEFORE AND PROVIDING A MORE HOPEFUL FUTURE FOR ALL PATIENTS. SEE SCHEDULE O.


PUBLIC EDUCATION AND INFORMATION PROGRAM: THE LUSTGARTEN FOUNDATION IS THE LARGEST PRIVATE FUNDER OF PANCREATIC CANCER RESEARCH IN THE WORLD, FUNDING PREEMINENT PANCREATIC CANCER RESEARCHERS, DRIVING THE PURSUIT OF BOLD AND INNOVATIVE SCIENCE TOWARD EARLIER DETECTION AND BETTER TREATMENTS, AND TRANSFORMING PANCREATIC CANCER INTO A CURABLE DISEASE. THE FOUNDATION FUNDS RESEARCH WHERE CREATIVE RISKS YIELD HIGH REWARDS TO ACCELERATE AND EXPAND LIFE-SAVING TREATMENT OPTIONS. WE BELIEVE TIME IS EVERYTHING TO PATIENTS, AND THEIR FAMILIES, AND THAT COMMUNITY IS POWER. LUSTGARTEN PROGRAMS AND EVENTS PROVIDE PEOPLE AFFECTED BY PANCREATIC CANCER A VOICE AND A PLACE TO CREATE HOPE, TOGETHER. 100% OF ALL DONATIONS FUEL THE RESEARCH TO ADVANCE UNDERSTANDING OF THIS COMPLEX, DEVASTATING AND UNDERFUNDED CANCER. SEE SCHEDULE O.


PROFESSIONAL EDUCATION PROGRAM: PROFESSIONAL EDUCATION FOCUSED ON THE FOUNDATION'S SENIOR LEADERSHIP CONDUCTING HIGH-LEVEL MEETINGS WITH FUNDED SCIENTISTS AND DIRECTORS OF THE LABS PROGRAM SITES AND COLLABORATING ORGANIZATIONS, AS WELL AS ATTENDING/PRESENTING AT SCIENTIFIC MEETINGS FOR ORGANIZATIONS INCLUDING THE AMERICAN ASSOCIATION FOR CANCER RESEARCH (AACR) AND STAND UP TO CANCER (SU2C). SEE SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Lustgarten
Chairman
$0
James L Dolan
Vice Chairman
$0
Adam Silver
Vice Chairman
$0
Jennie Fortunoff
Secretary
$0
Philip D'ambrosio
Treasurer
$0
William Bell
Treasurer/director (end 10/27/22)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Faircom New York Inc
Consultant
$713,180
Bkd Llp
Consultant
$243,348
Wsi Paid Search Ltd
Technology
$231,000
Jc Geever Inc
Consultant
$211,122
Walker Stewart Mckeough
Consultant
$209,115
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,547,024
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,584,182
Noncash contributions included in lines 1a–1f $1,825,156
Total Revenue from Contributions, Gifts, Grants & Similar$19,131,206
Total Program Service Revenue$0
Investment income $1,507,003
Tax Exempt Bond Proceeds $0
Royalties $92,804
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,433,438
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,297,575

Grants Awarded

Over the last fiscal year, Marc Lustgarten Pancreatic Cancer Foundation has awarded $18,982,494 in support to 18 organizations.

Grant RecipientAmount

JOHNS HOPKINS UNIVERSITY

PURPOSE: PANCREATIC CANCER RESEARCH

$5,726,518

STAND UP TP CANCER - ENTERTAINMENT INDUSTRY FOUNDATION

PURPOSE: PANCREATIC CANCER RESEARCH

$1,534,808

COLD SPRING HARBOR LABORATORY

PURPOSE: PANCREATIC CANCER RESEARCH

$2,472,272

AMERICAN ASSOCIATION FOR CANCER RESEARCH

PURPOSE: PANCREATIC CANCER RESEARCH

$990,664

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

PURPOSE: PANCREATIC CANCER RESEARCH

$1,575,933

DANA FARBER CANCER INSTITUTE

PURPOSE: PANCREATIC CANCER RESEARCH

$2,161,911
View Grant Profile

Peer Organizations

Organization NameAssets
Goodwill Of The Finger Lakes Inc
Rochester, NY
$53,100,419
Cds Life Transitions Inc
Webster, NY
$45,885,843
Marc Lustgarten Pancreatic Cancer Foundation
Woodbury, NY
$18,297,575
Oorah Inc
Lakewood, NJ
$77,977,049
Inglis Foundation
Philadelphia, PA
$15,976,490
Childrens Home Of Bradford Pa
Bradford, PA
$10,297,947
Kidsvoice Pennsylvania Inc
Pittsburgh, PA
$7,136,280
The Watson Institute
Sewickley, PA
$12,934,322
Advocate Hostels Holding Inc
Malone, NY
$2,331,351
Elwyn Foundation
Elwyn, PA
$6,956,198
Stoneridge Retirement Living Communities Inc
Myerstown, PA
$5,081,109
Sco Foundation
Garden City, NY
$6,274,873
Mw Healthcare Inc
New Haven, CT
$2,109,418
The Foundation Of The Oscar And Ella Wilf Campus For Senior Living
Somerset, NJ
$1,914,323
Israel Guide Dog Center For The Blind
Warrington, PA
$4,687,660
George H And Irene L Walker Trust
Rochester, MA
$164,069
St Josephs Center Foundation
Scranton, PA
$3,335,530
Bala Presbyterian Home Foundation
Lafayette Hill, PA
$1,339,025
Sparc Philadelphia
Philadelphia, PA
$1,848,637
Pba Products & Services Inc
Pittsburgh, PA
$1,464,069
Thevillage Foundation
Rosemont, PA
$544,312
Seherr-Thoss Charitable Tr
Garden City, NY
$400,431
North Hill Communities Inc
Needham, MA
$1,325,084
Childrens Village Institute
Dobbs Ferry, NY
$350,870
Pathfinder Village Foundation Inc
Edmeston, NY
$1,634,220

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