Lynn Sage Breast Cancer Foundation
- Assets
- $6.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 08/1995
- Data as of
- 12/2023
- EIN
- 36-3727715
Organization Overview
Lynn Sage Breast Cancer Foundation is located in Chicago, IL. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Lynn Sage Breast Cancer Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynn Sage Breast Cancer 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 12/2023, Lynn Sage Breast Cancer Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND BREAST CANCER RESEARCH AND EDUCATION ACTIVITIES AT RESEARCH INSTITUTIONS IN THE CITY OF CHICAGO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LYNN SAGE BREAST CANCER FOUNDATION INVESTS IN MEDICAL RESEARCH TO HELP PREVENT AND TREAT BREAST CANCER, PROVIDE CRITICALLY-NEEDED MEDICAL TRAINING THROUGH GRANTS TO FELLOWS, AND PROMOTE COLLABORATION ACROSS DISCIPLINES THROUGH LYNN SAGE BREAST CANCER SYMPOSIUM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Lewis Executive Director | Officer | 40 | $200,000 |
Halee Sage Chair | OfficerTrustee | 2 | $0 |
Kristin Wolf Vice Chair | OfficerTrustee | 2 | $0 |
Laura Sage Treasurer | OfficerTrustee | 2 | $0 |
Elizabeth Schubert Secretary | OfficerTrustee | 2 | $0 |
Janika Brenner Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $897,652 |
| Noncash contributions included in lines 1a–1f | $58,865 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $897,652 |
| Total Program Service Revenue | $0 |
| Investment income | $136,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,188,215 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,222,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $363,397 |
| Compensation of current officers, directors, key employees. | $163,529 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,303 |
| Fees for services: Management | $120,375 |
| 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 | $65,508 |
| Office expenses | $5,882 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,526 |
| Travel | $150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,905 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,549 |
| All other expenses | $0 |
| Total functional expenses | $1,653,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,223,393 |
| Savings and temporary cash investments | $207,535 |
| Pledges and grants receivable | $65,376 |
| 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 | $14,911 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,948,460 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,459,675 |
| Accounts payable and accrued expenses | $15,856 |
| Grants payable | $200,000 |
| 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 | $215,856 |
| Net assets without donor restrictions | $6,243,819 |
| 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 | $6,459,675 |
Grants Awarded
Over the last fiscal year, Lynn Sage Breast Cancer Foundation has awarded $1,012,513 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWESTERN MEMORIAL HEALTHCARE PURPOSE: Reseach grants, scholars, fellows and symposium. | $512,513 |
UNIVERSITY OF CHICAGO PURPOSE: Research grants and Scholars. | $500,000 |