Moncrief Cancer Foundation
- Assets
- $92.4m
- Revenue
- $8.8m
- Investments
- $12.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/1992
- Data as of
- 08/2023
- EIN
- 75-2429817
Organization Overview
Moncrief Cancer Foundation is located in Dallas, TX. The organization was established in 1992. According to its NTEE Classification (H30) the organization is classified as: Cancer Research, 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. Moncrief Cancer 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 08/2023, Moncrief Cancer Foundation generated $8.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $4.1m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Moncrief Cancer Foundation has awarded 13 individual grants totaling $21,922,831. 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 CORPORATION IS ORGANIZED AND OPERATED FOR THE BENEFIT OF UT SOUTHWESTERN MEDICAL CENTER IN TARRANT COUNTY, TEXAS, IN ORDER TO FURTHER THE PURPOSES AND FUNCTIONS OF THE UT SOUTHWESTERN MEDICAL CENTER. THIS PURPOSE INCLUDES THE OPERATION OF UT SOUTHWESTERN MONCRIEF CANCER CENTER AT FORT WORTH, A RELATED 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONCRIEF CANCER FOUNDATION SUPPORTS UT SOUTHWESTERN'S CANCER-RELATED ACTIVITIES IN THE TARRANT COUNTY AREA, ENSURING ACCESS TO SPECIAL DIAGNOSTIC AND GENETIC TESTS THAT ARE OTHERWISE UNAVAILABLE, AS WELL AS IMPORTANT SUPPORT SERVICES FOR INDIVIDUAL PATIENTS AND THEIR FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Podolsky MD Chairman | OfficerTrustee | 1 | $0 |
Tom O Moncrief President | OfficerTrustee | 1 | $0 |
Kit Moncrief Vice President & Secretary | OfficerTrustee | 1 | $0 |
Mack Mitchell MD Vice Chairman | Trustee | 1 | $0 |
Kern Wildenthal MD PHD Director (partial Year) | Trustee | 1 | $0 |
Richard W Moncrief Director (partial Year) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Q Investments Portfolio Management | 8/30/18 | $243,094 |
Luther King Capital Management Portfolio Management | 8/30/18 | $214,712 |
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 | $15,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,190 |
| Total Program Service Revenue | $0 |
| Investment income | $1,963,513 |
| Tax Exempt Bond Proceeds | $25 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,777,568 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,756,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,384,310 |
| 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 | $129,089 |
| Fees for services: Legal | $365 |
| Fees for services: Accounting | $30,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $237,825 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $344,824 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,943 |
| All other expenses | $1,024 |
| Total functional expenses | $4,131,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $730,244 |
| 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 | $20,418 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $78,691,466 |
| Investments—other securities | $12,861,235 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,273 |
| Total assets | $92,381,636 |
| Accounts payable and accrued expenses | $1,462,473 |
| 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 | $1,462,473 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $90,919,163 |
| 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 | $92,381,636 |
Grants Awarded
Over the last fiscal year, Moncrief Cancer Foundation has awarded $3,384,310 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UT SOUTHWESTEN MONCRIEF CANCER CENTER PURPOSE: OPERATIONAL SUPPORT | $3,234,310 |
UT SOUTHWESTEN MONCRIEF CANCER CENTER PURPOSE: CAPITAL ASSET SUPPORT | $150,000 |