Bear Necessities Pediatric Cancer Foundation
- Assets
- $2.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Chicago, IL
- Founding
- 04/1994
- Data as of
- 06/2023
- EIN
- 36-3874655
Organization Overview
Bear Necessities Pediatric Cancer Foundation is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, under the broad grouping of Medical Research and related organizations. As of 06/2023, Bear Necessities Pediatric Cancer Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bear Necessities Pediatric 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 06/2023, Bear Necessities Pediatric Cancer Foundation generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bear Necessities Pediatric Cancer Foundation has awarded 53 individual grants totaling $1,923,594. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE UNPARALLELED HOPE AND SUPPORT TO THOSE TOUCHED BY PEDIATRIC CANCER. OUR VISION IS A WORLD WITHOUT THESE DEVASTATING DISEASES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEAR HUGS:BEAR HUGS ARE CUSTOMIZED GIFTS AND EXPERIENCES TO BRIGHTEN THE LIFE OF A CHILD LIVING WITH CANCER. TO MAKE EACH BEAR HUG SPECIAL, WE WORK WITH EACH CHILD AND FAMILY TO DESIGN A BEAR HUG THAT MEETS THEIR UNIQUE NEEDS AND INTERESTS. IN ADDITION TO BRINGING CHILDREN JOY, BEAR HUGS OFTEN ENCOURAGE PLAY AND PHYSICAL ACTIVITY, WHICH CAN IMPROVE HEALTH OUTCOMES ACCORDING TO SEVERAL STUDIES. IN ADDITION TO BEAR HUGS, WE PROVIDE FAMILIES WITH FINANCIAL SUPPORT TO HELP THEM THROUGH ONE OF THE MOST DIFFICULT MOMENTS IN THEIR LIVES.
BEAR DISCOVIERIES
COUNSELING:THROUGH ITS PARTNERSHIP WITH SAMARACARE COUNSELING, BEAR NECESSITIES PROVIDES UP TO 12 FREE COUNSELING SESSIONS WITH A LICENSED CLINICAL THERAPIST FOR PEDIATRIC CANCER PATIENTS AND ANY MEMBER OF THEIR IMMEDIATE FAMILY. THERE IS NO LIMIT ON HOW MANY MEMBERS OF A FAMILY WE SERVE. BEAR NECESSITIES OFFSETS THE FULL COST OF THESE SESSIONS OR WHATEVER A FAMILY'S HEALTH INSURANCE DOES NOT COVER. INDIVIDUALS ARE ELIGIBLE FOR THIS PROGRAM FOR UP TO EIGHT YEARS AFTER RECEIVING A PEDIATRIC CANCER DIAGNOSIS.
SCHOLARSHIPS:THANKS TO A TRANSFORMATIONAL INVESTMENT FROM A BOARD MEMBER, BEAR NECESSITIES LAUNCHED A SCHOLARSHIP PROGRAM IN 2022 FOR PEDIATRIC CANCER PATIENTS, SURVIVORS, AND THE SIBLINGS OF SOMEONE WHO EXPERIENCED PEDIATRIC CANCER. THE PROGRAM IS DESIGNED TO EASE THE FINANCIAL AND EMOTIONAL HARDSHIPS ASSOCIATED WITH FIGHTING PEDIATRIC CANCER AND TO PROVIDE THE OPPORTUNITY FOR YOUNG PEOPLE AFFECTED BY PEDIATRIC CANCER TO PURSUE HIGHER EDUCATION FROM AN ACCREDITED INSTITUTION.
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 |
|---|---|---|---|
Kathleen Casey President And Founder | OfficerTrustee | 50 | $131,007 |
Claire Jolcover Co-Chair | OfficerTrustee | 1 | $0 |
Joy Larisey Co-Chair | OfficerTrustee | 1 | $0 |
James Herbison Vice Chair | OfficerTrustee | 1 | $0 |
Barbara Hartman Secretary | OfficerTrustee | 1 | $0 |
Paula Hamric Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $505,921 |
| Related organizations | $0 |
| Government grants | $49,686 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,179,316 |
| Noncash contributions included in lines 1a–1f | $131,673 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,734,923 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| 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 | $1,735,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $284,500 |
| Compensation of current officers, directors, key employees. | $57,213 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,281 |
| Pension plan accruals and contributions | $11,726 |
| Other employee benefits | $21,081 |
| Payroll taxes | $41,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,332 |
| Fees for services: Other | $63,099 |
| Advertising and promotion | $0 |
| Office expenses | $51,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $93,046 |
| 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 | $38,467 |
| Insurance | $7,066 |
| All other expenses | $0 |
| Total functional expenses | $1,413,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $626,708 |
| Savings and temporary cash investments | $212,446 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $227,289 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,485 |
| Prepaid expenses and deferred charges | $834 |
| Net Land, buildings, and equipment | $928,449 |
| Investments—publicly traded securities | $538,452 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,550,663 |
| Accounts payable and accrued expenses | $51,023 |
| Grants payable | $10,000 |
| Deferred revenue | $12,566 |
| 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 | $217,420 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $291,009 |
| Net assets without donor restrictions | $1,946,066 |
| Net assets with donor restrictions | $313,588 |
| 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 | $2,550,663 |
Grants Awarded
Over the last fiscal year, Bear Necessities Pediatric Cancer Foundation has awarded $110,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE ROCKEFELLER UNIVERSITY PURPOSE: MEDICAL RESEARCH GRANT | $50,000 |
ALEX'S LEMONADE STAND FOUNDATION PURPOSE: MEDICAL RESEARCH GRANT | $60,000 |