Ecog Research And Education Foundation Inc
- Assets
- $97.3m
- Revenue
- $17.5m
- Investments
- $15.5m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1992
- Data as of
- 06/2022
- EIN
- 39-1723095
Organization Overview
Ecog Research And Education Foundation Inc is located in Philadelphia, PA. The organization was established in 1992. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ecog Research And Education Foundation Inc 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 06/2022, Ecog Research And Education Foundation Inc generated $17.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $18.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ecog Research And Education Foundation Inc has awarded 15 individual grants totaling $261,841. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBCONTRACTED RESEARCH SERVICES - THE FOUNDATION DISBURSES FUNDS RECEIVED THROUGH GRANTS, TO ASSIST THE U.S. NATIONAL CANCER INSTITUTE-SPONSORED AND APPROVED RESEARCH ACTIVITIES OF OTHER NONPROFIT ORGANIZATIONS BY CONTRACTING FOR THE PROVISION OF SERVICES TO ENABLE CANCER CLINICAL TRIALS TO BE COMPLETED MORE QUICKLY, BE PERFORMED MORE EFFICIENTLY, AND INCLUDE AN ENLARGED SCOPE OF SCIENTIFIC ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter J O'dwyer MD President | 10 | $0 | |
Robert Gray PHD Director | 0.5 | $0 | |
Donna Marinucci Secr/treas | 2 | $0 | |
Al Bowen Benson III MD Facp Director | 0.5 | $0 | |
Thomas Habermann MD Director | 0.5 | $0 | |
John Kirkwood MD Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alpha Oncology Inc | 6/29/22 | $5,878,536 |
Coalition Of Cancer Cooperative Gro | 6/29/22 | $5,743,083 |
Ecog-acrin Medical Research Foundati | 6/29/22 | $1,720,954 |
Quality Data Services Inc | 6/29/22 | $890,910 |
Peter O'dwyer | 6/29/22 | $632,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,355,002 |
| Interest on Savings | $129,827 |
| Dividends & Interest | $243,124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,802,486 |
| Total Revenue | $17,530,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | -$86 |
| Taxes | $4,047 |
| Depreciation | $18,687 |
| Occupancy | $203,687 |
| Travel, conferences, and meetings | $967,926 |
| Printing and publications | $0 |
| Other expenses | $16,966,747 |
| Total operating and administrative expenses | $18,361,765 |
| Contributions, gifts, grants paid | $57,500 |
| Total expenses and disbursements | $18,419,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,134 |
| Savings and temporary cash investments | $70,052,642 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $10,530,553 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $335,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $181,647 |
| Other assets | $31,639 |
| Total assets | $97,301,756 |
| Accounts payable and accrued expenses | $59,408,794 |
| Grants payable | $0 |
| Deferred revenue | $3,932,311 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $63,341,105 |
Grants Awarded
Over the last fiscal year, Ecog Research And Education Foundation Inc has awarded $57,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: YOUNG INVESTIGATOR AWARD | $25,000 |
MAYO CLINIC PURPOSE: YOUNG INVESTIGATOR AWARD | $25,000 |
CHRISTINE MARIE LOVLY PURPOSE: YOUNG INVESTIGATOR AWARD | $7,500 |