Ibc Network Foundation is located in Sealy, TX. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibc Network 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, Ibc Network Foundation generated $224.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $191.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ibc Network Foundation has awarded 22 individual grants totaling $1,496,694. 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
THE IBC NETWORK FOUNDATION FUNDS INFLAMATORY BREAST CANCER RESEARCH AND GIVES PROACTIVE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IBC NETWORK FOUNDATION IS INTENSELY FOCUSED ON FUNDING HIGH-QUALITY RESEARCH ON INFLAMMATORY AND TRIPLE-NEGATIVE BREAST CANCER. INFLAMMATORY BREAST CANCER IS AN ORPHANED FORM OF BREAST CANCER DUE TO ITS RARENESS AND HIGH FATALITY RATE. TYPICALLY STRIKING YOUNGER WOMEN, AT A LATE-STAGE PRESENTATION, 30% OF THE WOMEN ARE ALSO DIAGNOSED WITH TRIPLE NEGATIVE. THIS COMBINATION IS HIGHLY DIFFICULT TO TREAT SUCCESSFULLY. IN 2023, IBC FUNDED ONE ONGOING RESEARCH PROJECT FOR $70,452 AT MD ANDERSON IN AUSTIN, TEXAS. SEE SCHEDULE O FOR CONTINUATION.THIS YEAR, WE OFFERED A MATCHING GRANT OF $5,000 TO MD ANDERSON CANCER CENTER FOR THEIR BOOT WALK FOR THE IBC PROGRAM FOR THEIR INSTITUTION'S FUNDRAISING CHALLENGE. ADDITIONALLY, WE OFFERED A MATCHING GRANT OF $3,000 TO DANA FARBER FOR THEIR JIMMY WALK TO SUPPORT THEIR PROGRAM FUNDRAISING EFFORTS FOR RESEARCH. IN 2023, IBC FUNDED $78,452 FOR RESEARCH.WE RESUMED PHYSICAL MEETINGS AND HOSTED MEETUPS ALL OVER THE US. WE HAVE CONTINUED TO HOST ZOOM CALLS TWICE A MONTH TO HELP PATIENTS LIVING WITH IBC BETTER CONNECT TO THE BEST POSSIBLE RESEARCH AND CARE OPTIONS. ADDITIONALLY, WE HAVE CONTINUED OUR PLANNED "ULTIMATE MEETS PROGRAM. IN THE FALL OF 2023, WE HOSTED AN ULTIMATE MEETUP IN HOUSTON, TEXAS, A WEEKEND-LONG EVENT. THE EVENT WAS WELL RECEIVED. OVER 45 GUESTS ATTENDED, AND WE STARTED THE EVENT WITH A LAB TOUR OF THE MORGAN WELCH INFLAMMATORY BREAST CANCER RESEARCH PROGRAM AND LAB ON FRIDAY AFTERNOON. OVER THE WEEKEND, WE HAD A FULL PROGRAM OF PHYSICIANS, RESEARCHERS, CAREGIVERS, AND PATIENT TESTIMONIALS UNTIL THE WRAP-UP ON SUNDAY MORNING. WE HAVE CONTINUED A PODCAST CALLED "TALK IBC," INTERVIEWING PATIENTS, RESEARCHERS, MEDICAL PERSONNEL, COUNSELORS, AND OTHERS WHO WILL BE ABLE TO GIVE INFORMATION AND EDUCATION TO THOSE INTERESTED IN OUR MISSION.WE ARE ESPECIALLY PROUD TO HAVE GRADUATED 20 MORE ADVOCATES VIA THE COURSE FOR THE IBC LEARNING ACADEMY. THIS COURSE WAS WRITTEN IN COOPERATION WITH MD ANDERSON'S MORGAN WELCH CLINIC FOR INFLAMMATORY BREAST CANCER. OUR GOAL IS TO REACH A DIVERSE TARGET AUDIENCE OF PATIENTS AND PROFESSIONALS PASSIONATE ABOUT IMPROVING THE LIVES OF THOSE AFFECTED BY IBC. TRAINED ADVOCATES WILL BE EMPOWERED TO PROMOTE THE UNIQUE NEEDS OF IBC PATIENTS BY IMPROVING ACCESS TO SPECIALTY CARE, INCREASING EDUCATION AROUND CLINICAL TRIALS, AND PARTICIPATING IN LOBBYING. ADVOCATES MAY ALSO SERVE ON DECISION-MAKING BOARDS OF LOCAL, STATE, AND NATIONAL ORGANIZATIONS, COMMITTEES, AND INSTITUTIONAL REVIEW BOARDS. WE HAVE HAD OVER 70 PEOPLE COMPLETE THE COURSE. ONE OUTSTANDING EVENT OF 2023 WAS THE OPPORTUNITY FOR THE IBC NETWORK FOUNDATION FOUNDER, TERRY L ARNOLD, TO SERVE ON THE PANEL DISCUSSION WHEN IBC WAS PRESENTED FOR THE FIRST TIME ON THE MAIN STAGE OF THE SAN ANTONIO BREAST CANCER SYMPOSIUM. THE PANEL WAS ADDED PER THE REQUEST OF THE MEDICAL COMMUNITY, THE FIRST TIME IN THE CONFERENCE'S 45-YEAR HISTORY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Arnold Chair | OfficerTrustee | 40 | $0 |
Laurie Main Treasurer | OfficerTrustee | 2 | $0 |
Virginia Finn-Lenhardt Secretary | OfficerTrustee | 2 | $0 |
Paticia Vickery Director | Trustee | 2 | $0 |
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 | $224,472 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $224,472 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $224,472 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $86,227 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,687 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,358 |
Advertising and promotion | $4,896 |
Office expenses | $3,230 |
Information technology | $40,591 |
Royalties | $0 |
Occupancy | $107 |
Travel | $19,658 |
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 | $1,528 |
All other expenses | $0 |
Total functional expenses | $191,607 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,257 |
Savings and temporary cash investments | $0 |
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 | $91,257 |
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 | $0 |
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 | $91,257 |
Total liabilities and net assets/fund balances | $91,257 |
Over the last fiscal year, Ibc Network Foundation has awarded $80,452 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER PURPOSE: Research support | $70,452 |
MD ANDERSON CANCER CENTER PURPOSE: Research support | $10,000 |