Childrens Oncology Group Foundation
- Assets
- $22.8m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/2011
- Data as of
- 12/2021
- EIN
- 45-3083156
Organization Overview
Childrens Oncology Group Foundation is located in Philadelphia, PA. The organization was established in 2011. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Oncology Group 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 12/2021, Childrens Oncology Group Foundation generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $6.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Childrens Oncology Group Foundation has awarded 62 individual grants totaling $42,366,313. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A FOUNDATION DEVOTED EXCLUSIVELY TO CHILDHOOD AND ADOLESCENT CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S ONCOLOGY GROUP FOUNDATION, INC. ENABLES COG'S LEADERSHIP, COMPRISED OF A TEAM OF DOCTORS, NURSES, LABORATORY SCIENTISTS AND OTHER ALLIED PROFESSIONALS, THE ABILITY TO DIRECT THE RESOURCES RAISED FOR CHILDHOOD CANCER RESEARCH TO THE AREAS OF HIGHEST NEED AND OPPORTUNITY. THE FOUNDATION ALLOWS PHILANTHROPIC FUNDS FROM INDIVIDUAL SUPPORTERS AND ORGANIZATIONS TO GO DIRECTLY TO COG TO FUND ITS MUCH NEEDED RESEARCH. IN AN ERA OF RAPID SCIENTIFIC DISCOVERY, THIS DIRECT LINK ALLOWS COG RESEARCHERS TO RESPOND QUICKLY TO NEW DISCOVERIES WITH THE GREATEST POTENTIAL TO BENEFIT CHILDREN WITH CANCER. THE CHILDREN'S ONCOLOGY GROUP HAS OVER 50 ACTIVE CLINICAL TRIALS OPEN AT ANY GIVEN TIME. THESE TRIALS INCLUDE FRONT-LINE TREATMENT FOR MANY TYPES OF CHILDHOOD CANCERS, STUDIES AIMED AT DETERMINING THE UNDERLYING BIOLOGY OF THESE DISEASES, AND TRIALS INVOLVING NEW AND EMERGING TREATMENTS, SUPPORTIVE CARE, AND SURVIVORSHIP. THE CHILDREN'S ONCOLOGY GROUP RESEARCH HAS TURNED CHILDREN'S CANCER FROM A VIRTUALLY INCURABLE DISEASE 50 YEARS AGO TO ONE WITH A COMBINED 5-YEAR SURVIVAL RATE OF 80% TODAY. OUR GOAL IS TO CURE ALL CHILDREN AND ADOLESCENTS WITH CANCER, REDUCE THE SHORT AND LONG-TERM COMPLICATIONS OF CANCER TREATMENTS, AND DETERMINE THE CAUSES AND FIND WAYS TO PREVENT CHILDHOOD CANCER. PROJECT: EVERYCHILD: CHILDREN'S ONCOLOGY GROUP'S PROJECT: EVERYCHILD IS OUR AMBITIOUS INITIATIVE TO FIND BETTER CURES FOR EVERY TYPE OF CHILDHOOD CANCER, NO MATTER HOW RARE. ALL CHILDREN WITH CANCER CARED FOR AT COG'S MORE THAN 200 PEDIATRIC CANCER PROGRAMS WILL BE ABLE TO PARTICIPATE IN PROJECT: EVERYCHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas S Hawkins MD President & Director | OfficerTrustee | 2 | $0 |
Leo Mascarenhas MD Secretary & Director | OfficerTrustee | 0.5 | $0 |
Lia Gore MD Vice-President & Dir. | OfficerTrustee | 0.5 | $0 |
Cindy L Schwartz MD Treasurer & Dir. | OfficerTrustee | 0.5 | $0 |
Marcio Malogolowkin MD Director | Trustee | 0.5 | $0 |
Carla Golden MD Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Public Health Institute Research & Admin. Services | 12/30/21 | $1,208,700 |
Puresyn Inc Laboratory Services | 12/30/21 | $109,554 |
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 | $7,485,954 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,485,954 |
| Total Program Service Revenue | $0 |
| Investment income | $1,901 |
| 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 | $7,487,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,411,443 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $550,770 |
| 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 | $28,523 |
| Fees for services: Accounting | $16,013 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $790,485 |
| Advertising and promotion | $0 |
| Office expenses | $9,173 |
| Information technology | $37,174 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $375 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,710 |
| All other expenses | $600 |
| Total functional expenses | $6,847,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,046,695 |
| Savings and temporary cash investments | $15,935,769 |
| Pledges and grants receivable | $4,059,970 |
| 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 | $794,739 |
| 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 | $22,837,173 |
| Accounts payable and accrued expenses | $3,945,897 |
| Grants payable | $0 |
| Deferred revenue | $34,250 |
| 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 | $3,980,147 |
| Net assets without donor restrictions | $2,613,548 |
| Net assets with donor restrictions | $16,243,478 |
| 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 | $22,837,173 |
Grants Awarded
Over the last fiscal year, Childrens Oncology Group Foundation has awarded $4,994,448 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT | $3,453,650 |
Columbus, OH PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT | $735,963 |
Los Angeles, CA PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT | $401,466 |
UNIVERSITY OF ALABAMA AT BIRMINGHAM PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT | $116,500 |
Memphis, TN PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT | $75,000 |
Denver, CO PURPOSE: TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF CANCER TREATMENT | $60,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Childrens Oncology Group Foundation has recieved totaling $6,201,466.
| Awarding Organization | Amount |
|---|---|
St Baldricks Foundation Inc Monrovia, CA PURPOSE: PEDIATRIC CANCER RESEARCH | $4,427,000 |
Miramar Charitable Foundation Ft Mitchell, KY PURPOSE: PROJECT:EVERYCHILD | $824,133 |
Childrens Cancer Research Fund Minneapolis, MN PURPOSE: INFRASTRUCTURE GRANT TO SUPPORT WORK IN HARNESSING THE POWER OF DATA TO SUPPORT RESEARCHERS | $500,000 |
William M And Ann K Grace Foundation Scottsdale, AZ PURPOSE: YOUTH HEALTH | $193,947 |
Cookies For Kids Cancer Califon, NJ PURPOSE: PED. CANCER RESEARCH | $143,500 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $92,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Association For Frontotemporal Degeneration King Of Prussia, PA | $44,796,969 | $12,057,958 |
Childrens Oncology Group Foundation Philadelphia, PA | $22,837,173 | $7,487,855 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
International Rett Syndrome Foundation Cincinnati, OH | $7,416,506 | $4,132,287 |
Fox Chase Cancer Center Foundation Philadelphia, PA | $63,333,365 | $6,307,847 |
Fraternal Order Of Eagles Foundation Grove City, OH | $12,562,333 | $4,443,136 |
Urology Care Foundation Inc Linthicum, MD | $76,869,441 | $7,067,880 |
Cancer Free Kids Pediatric Cancer Research Alliance Loveland, OH | $921,722 | $1,755,418 |
American Foundation For Children With Aids Inc Harrisburg, PA | $518,393 | $1,638,509 |
The Childrens Cancer Foundation Inc Columbia, MD | $1,439,343 | $1,526,844 |
The Naspghan Foundation Ambler, PA | $6,522,780 | $1,880,637 |