Hope & Heroes Childrens Cancer Fund
- Assets
- $11.0m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2002
- Data as of
- 06/2022
- EIN
- 74-3066193
Organization Overview
Hope & Heroes Childrens Cancer Fund is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope & Heroes Childrens Cancer Fund 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, Hope & Heroes Childrens Cancer Fund generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 10.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOPE & HEROES FUNDS THE LIFE-SAVING WORK ON CHILDHOOD CANCER AND BLOOD DISORDERS AT COLUMBIA UNIVERSITY MEDICAL CENTER - INCLUDING CUTTING-EDGE RESEARCH, SUPPORT FOR FAMILIES, AND CARE THAT ALWAYS PUTS CHILDREN FIRST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLUMBIA UNIVERSITY MEDICAL CENTER, DIVISION OF PEDIATRIC HEMATOLOGY ONCOLOGY & STEM CELL TRANSPLANTATIONDONATIONS TO THE TRUSTEES OF COLUMBIA UNIVERSITY MEDICAL CENTER ARE FOR USE IN ALL ASPECTS OF THE DIVISION'S WORK TO TREAT CHILDREN WITH CANCER AND BLOOD DISORDERS, OR TO CONDUCT RESEARCH INTO THE SAME. THIS PROGRAM HELPS 1,500 PATIENTS/PER YEAR.
DIRECT PATIENT & FAMILY SUPPORTDIRECT SUPPORT PROVIDED TO PATIENTS AND FAMILIES VIA DONATIONS FROM THE WASILY FUND AND OTHERS. ITEMS COVERED INCLUDE MORTGAGE PAYMENTS, UTILITIES, FOOD, SCHOOL CLOTHING, TECHNOLOGY, EDUCATION, ETC. ALL DISBURSEMENTS ARE MADE IN CONSULTATION WITH SOCIAL WORKERS AND PHYSICIANS. DIRECT SUPPORT WAS PROVIDED INDIVIDUALLYTO 100 PATIENTS AND ALSO IN GROUPS OF MULTIPLE PATIENTS.
OTHER PROGRAM SUPPORT. GRANTS AND DONATIONS TO OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Azarian Director | Trustee | 1 | $0 |
John Azarian Director | Trustee | 1 | $0 |
Michael C Brown Director | Trustee | 1 | $0 |
Douglas V Cannaliato Director | Trustee | 1 | $0 |
Peter Cieszko Director | Trustee | 1 | $0 |
Robert F Cudequest Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,307,647 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,793,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,101,376 |
| Total Program Service Revenue | $0 |
| Investment income | $990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$794,305 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,311,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,791,966 |
| Grants and other assistance to domestic individuals. | $492,692 |
| 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 | $511,125 |
| 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 | $14,414 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,211 |
| Advertising and promotion | $53,227 |
| Office expenses | $54,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,751 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,000,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,756 |
| Savings and temporary cash investments | $9,880,220 |
| Pledges and grants receivable | $957,275 |
| 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 | $135,749 |
| 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 | $10,975,000 |
| Accounts payable and accrued expenses | $1,724,979 |
| Grants payable | $0 |
| Deferred revenue | $4,175 |
| 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 | $1,729,154 |
| Net assets without donor restrictions | $6,361,195 |
| Net assets with donor restrictions | $2,884,651 |
| 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 | $10,975,000 |
Grants Awarded
Over the last fiscal year, Hope & Heroes Childrens Cancer Fund has awarded $2,256,970 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF COLUMBIA UNIVERSITY PURPOSE: TO SUPPORT CLINICAL PROGRAMS AND RESEARCH INITIATIVES FOCUSING ON PROVIDING EXCELLENT, INNOVATIVE CARE TO CHILDREN WITH CANCER AND BLOOD DISORDERS, AND TO SEEK IMPROVED UNDERSTANDING AND TREATMENTS FOR THESE DISEASES. | $2,206,970 |
AMERICAN CANCER SOCIETY PURPOSE: TO SUPPORT PROGRAMS UNDER THE ORGANIZATION'S MISSION. | $50,000 |