The Livestrong Foundation
- Assets
- $28.7m
- Revenue
- $1.3m
- Investments
- $161.9k
- Employees
- 18
- Location
- Austin, TX
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 74-2806618
Organization Overview
The Livestrong Foundation is located in Austin, TX. The organization was established in 1997. 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. As of 12/2022, Livestrong Foundation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livestrong 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 12/2022, Livestrong Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Livestrong Foundation has awarded 125 individual grants totaling $38,532,280. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LIVESTRONG FOUNDATION (THE "FOUNDATION") IS A NATIONAL NONPROFIT ORGANIZATION, HEADQUARTERED IN AUSTIN, TEXAS, DEDICATED TO IMPROVING THE LIVES OF PEOPLE AFFECTED BY CANCER FROM THE POINT OF DIAGNOSIS THROUGH THE ENTIRE CANCER JOURNEY.SINCE 1997, THE FOUNDATION HAS SUPPORTED 10.9 MILLION PEOPLE WHO HAVE BEEN AFFECTED BY CANCER. THE FOUNDATION IS FOCUSED ON SOLVING THE EVERYDAY PROBLEMS CAUSED BY CANCER WHICH UNNECESSARILY COMPROMISE QUALITY OF LIFE. FINDING AND FUNDING THESE SOLUTIONS IS OUR PRIMARY FOCUS.THE FOUNDATION ACCOMPLISHES THIS IN THREE WAYS: THROUGH ITS SURVIVORSHIP PROGRAMS, ITS COLLABORATIVE PARTNERSHIPS WITH COMMUNITY AND GRASSROOTS ORGANIZATIONS, AND ITS SOLUTION GRANTS PROGRAM FINDING INNOVATIVE SOLUTIONS TO THE EVERYDAY PROBLEMS FACED BY CANCER PATIENTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS FOCUSED ON SEARCHING FOR THE MOST OVERLOOKED PROBLEMS IN CANCER CARE AND THEN FINDING AND FUNDING SOLUTIONS THAT CAN HELP PEOPLE RIGHT AWAY. THE FOUNDATION ACCOMPLISHES THIS IN THREE WAYS: THROUGH ITS SURVIVORSHIP PROGRAMS, ITS COLLABORATIVE PARTNERSHIPS WITH COMMUNITY AND GRASSROOTS ORGANIZATIONS, AND ITS SOLUTION GRANTS PROGRAM FINDING INNOVATIVE SOLUTIONS TO THE EVERYDAY PROBLEMS FACED BY CANCER PATIENTS AND THEIR FAMILIES.SEE CONTINUATION ON SCHEDULE O, PAGE 1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candice Aaron Chair | OfficerTrustee | 1 | $0 |
Joseph C Aragona Vice Chair | OfficerTrustee | 1 | $0 |
Jeffery C Garvey Secretary/ Treasurer | OfficerTrustee | 1 | $0 |
Dena Jansen Director | Trustee | 1 | $0 |
Scott Joy Director | Trustee | 1 | $0 |
Michelle Milford Morse Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Patient Advocate Foundation Patient Navigation Services | 12/30/22 | $221,091 |
Deed Entertainment Event Vendor | 12/30/22 | $213,606 |
High Five Events Llc Event Management Services | 12/30/22 | $184,795 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $324,309 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $983,291 |
| Noncash contributions included in lines 1a–1f | $42,963 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,307,600 |
| Total Program Service Revenue | $83,952 |
| Investment income | $277,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,643 |
| Net Income from Fundraising Events | -$349,223 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,905 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,346,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,209,595 |
| 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. | $491,770 |
| Compensation of current officers, directors, key employees. | $23,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $879,836 |
| Pension plan accruals and contributions | $23,293 |
| Other employee benefits | $95,165 |
| Payroll taxes | $90,583 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,563 |
| Fees for services: Accounting | $44,399 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,871 |
| Fees for services: Other | $529,714 |
| Advertising and promotion | $113,966 |
| Office expenses | $142,700 |
| Information technology | $191,235 |
| Royalties | $0 |
| Occupancy | $476,246 |
| Travel | $64,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,790 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,581 |
| Insurance | $34,480 |
| All other expenses | $1,902 |
| Total functional expenses | $4,957,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $486,527 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,855 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $550,000 |
| Inventories for sale or use | $1,311,716 |
| Prepaid expenses and deferred charges | $200,350 |
| Net Land, buildings, and equipment | $88,452 |
| Investments—publicly traded securities | $24,087,813 |
| Investments—other securities | $161,902 |
| Investments—program-related | $97,495 |
| Intangible assets | $1,083,886 |
| Other assets | $562,116 |
| Total assets | $28,665,112 |
| Accounts payable and accrued expenses | $103,649 |
| 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 | $584,583 |
| Total liabilities | $688,232 |
| Net assets without donor restrictions | $15,523,008 |
| Net assets with donor restrictions | $12,453,872 |
| 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 | $28,665,112 |
Grants Awarded
Over the last fiscal year, The Livestrong Foundation has awarded $1,209,595 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: COOPERATIVE AGREEMENT | $1,097,000 |
VITALHEARTS PURPOSE: COOPERATIVE AGREEMENT | $24,600 |
THE PABLOVE FOUNDATION INC PURPOSE: COOPERATIVE AGREEMENT | $25,000 |
WONDERS & WORRIES INC PURPOSE: COOPERATIVE AGREEMENT | $25,000 |
GEORGE MARK CHILDREN'S HOME PURPOSE: COOPERATIVE AGREEMENT | $9,375 |
CANCER SUPPORT COMMUNITY LOS ANGELES PURPOSE: COOPERATIVE AGREEMENT | $12,020 |