Thanc Foundation Inc is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (G05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Thanc Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thanc 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 12/2021, Thanc Foundation Inc generated $1.3m 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 (4.4%) each year. All expenses for the organization totaled $998.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT RESEARCH AND EDUCATION IN EARLY DETECTION AND TREATMENT OF THYROID, HEAD AND NECK CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS:THE THANC FOUNDATION CARRIES OUT RESEARCH RELATED TO HEAD AND NECK AND THYROID CANCER; PROVIDES EDUCATION FOR BOTH THE PHYSICIANS WHO TREAT THESE PATIENTS AS WELL AS PATIENTS AND THEIR CAREGIVERS, AND ALSO PROVIDES PATIENT SUPPORT MATERIALS VIA ONLINE RESOURCES. THE VARIOUS PROGRAMS WHICH THE ORGANIZATION FOCUSED ON IN 2021 ARE TIRO (THYROID INTERNATIONAL RECOMMENDATIONS ONLINE), THE THANC (THYROID, HEAD AND NECK CANCER) GUIDE (RENAMED FROM PRIOR DESIGNATION AS THE HNCG HEAD AND NECK CANCER GUIDE), AND A MENTORING AND CLINICAL RESEARCH INITIATIVE LED BY A TEAM OF RESEARCH ASSOCIATES UNDER THE DIRECTION OF MEDICAL ADVISOR DR. MARK URKEN. THE RESEARCH CONDUCTED WITHIN THE VARIOUS PROGRAMS OF THE THANC FOUNDATION IS DESIGNED TO RESULT IN STUDIES WITH STATISTICAL SIGNIFICANCE REGARDING THE EFFECT OF CANCER THERAPIES SO TREATMENTS CAN BE TAILORED TO IMPROVE CLINICAL OUTCOMES FOR PATIENTS TO ENHANCE QUALITY OF LIFE. THE THANC FOUNDATION HAS ALSO DEVELOPED A COMPREHENSIVE WEBSITE TO HELP HEAD AND NECK CANCER PATIENTS AND THEIR CAREGIVERS AND FAMILY MEMBERS DEAL WITH THE EARLY STAGES FOLLOWING THE DIAGNOSIS OF HEAD AND NECK CANCER AS WELL AS THYROID CANCER. THIS INITIAL DIAGNOSIS PERIOD IS TYPICALLY FRAUGHT WITH TREMENDOUS ANXIETY AND UNCERTAINTY. THE WEBSITE HAS BEEN CONTINUALLY UPDATED AND IN 2021 IT WAS EXPANDED TO INCLUDE EXTENSIVE CONTENT ON THE THYROID CANCER JOURNEY IN ADDITION TO SIMPLIFYING AND UPDATING THE LANGUAGE OF THE HEAD AND NECK CANCER CONTENT. THE WEBSITE CURRENTLY CONTAINS MANY PAGES OF EXPERT WRITTEN CONTENT IN LAYMANS TERMS. INFORMATION IS PROVIDED RELATED TO TREATMENT, SIDE EFFECTS AND AFTER CARE. IT ALSO PROVIDES SUGGESTIONS FOR HOW TO MANAGE THE EMOTIONAL AND PSYCHOLOGICAL ASPECTS OF A CANCER DIAGNOSIS AND TREATMENT. THIS WEBSITE HAS BEEN HISTORICALLY USED BY OVER 50,000 VISITORS PER MONTH WORLDWIDE. IT ALSO CONTAINS VIDEOS OF PATIENTS SHARING THEIR STORIES. THIS GIVES A KEEN AWARENESS OF THE UPHEAVAL THESE DISEASES HAVE ON THE FAMILY UNIT AND PROVIDES MUCH NEEDED SUPPORT SO PATIENTS REALIZE THEY ARE NOT ALONE AND THAT OTHERS BEFORE THEM HAVE SUCCESSFULLY NAVIGATED THIS DIFFICULT JOURNEY. THE WEBSITE ALSO INCLUDES INFORMATION FOR CHILDREN AND TEENS, WITH STORIES AND GAMES TO REACH THIS YOUNGER AUDIENCE. IN 2020 THANC DEVELOPED TIRO (THYROID INTERNATIONAL RECOMMENDATIONS ONLINE) WHICH IS A TOOL DESIGNED TO COMPARE AND CONTRAST TRUSTED CLINICAL PRACTICE GUIDELINES IN THE MANAGEMENT OF THYROID CANCER. AREAS OF CONCORDANCE AND DISCORDANCE ARE HIGHLIGHTED. IN AREAS WHERE DISCORDANCE EXISTS, EDUCATIONAL CONTENT IS REFERENCED AND A WEEKLY EDUCATION SESSION FOR ALL THYROID CANCER CARE PROVIDERS WAS STARTED DURING THE FIRST WEEK OF THE COVID-19 PANDEMIC LOCKDOWN AND HAS CONTINUED TO THE PRESENT DAY WITH OVER 100 SESSIONS TO DATE. THESE SESSIONS ARE RECORDED,REFERENCED IN TIRO AND AVAILABLE TO EDUCATE PHYSICIANS AT A TIME CONVENIENT TO THEM. IN 2021, THANC COLLABORATED WITH LIKE-MINDED NON PROFIT ORGANIZATIONS SUCH AS SPOHNC (SUPPORT FOR PEOPLE WITH ORAL, HEAD AND NECK CANCER) THE HNCA (HEAD AND NECK CANCER ALLIANCE) AND NFOSD (NATIONAL FOUNDATION OF SWALLOWING DISORDERS) TO RUN A EL-PFDD(EXTERNALLY LED PATIENT FOCUSED DRUG DEVELOPMENT) MEETING FOCUSED ON XEROSTOMIA (DRY MOUTH).THE PURPOSE OF THIS FDA APPROVED MEETING WAS TO PROVIDE FDA AND STAKEHOLDERS A CLEAR PICTURE OF THE PATIENT JOURNEY LIVING WITH DRY MOUTH WHICH RESULTS FROM RADIATION TO THE HEAD AND NECK AS WELL AS SJOGREN'S DISEASE. THE MEETING RESULTED IN A RECORDING OF THE MEETING WHICH INCLUDES EXTENSIVE TESTIMONIALS FROM PATIENTS AS WELL AS A VOICE OF THE PATIENT REPORT. IDEALLY THE INFORMATION PROVIDED TO THE FDA AND STAKEHOLDERS ABOUT THE IMPACT XEROSTOMIA HAS ON THE LIVES OF PEOPLE LIVING WITH XEROSTOMIA WILL INFLUENCE THEIR FOCUS ON THERAPIES WHICH CAN HELP THESE INDIVIDUALS.THANC RUNS AWARENESS CAMPAIGNS TWICE PER YEAR IN WHICH 30 STORIES ARE SHARED IN THE 30 DAYS OF APRIL (ORAL/HEAD AND NECK CANCER AWARENESS MONTH) AND SEPTEMBER (THYROID CANCER AWARENESS MONTH.) THESE STORIES ARE SHARED ON SOCIAL MEDIA AND BRING NEW USERS TO THE RESOURCES THANC HAS CREATED.FINALLY, THE EDUCATION PORTION OF THANC'S MISSION SERVES TO PARTICIPATE IN THE FUNDING OF TRAINING FOR ONE HEAD AND NECK ONCOLOGIC AND RECONSTRUCTIVE HEAD AND NECK AND THYROID CANCER SURGEON EACH YEAR. FUNDS PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE FELLOW AS WELL AS A TRAVEL STIPEND TO PRESENT AT LOCAL, REGIONAL AND NATIONAL MEETINGS AND COVER THE ADMINISTRATIVE COSTS ASSOCIATED WITH THIS FELLOWSHIP. IN ADDITION-THE FELLOW HELPS TO MENTOR THE TEAM OF RESEARCH ASSOCIATES EMPLOYED BY THE FOUNDATION WHO ARE INSTRUMENTAL IN CARRYING OUT THE PROGRAMMATIC INITIATIVES THANC ACCOMPLISHES EACH YEAR WHILE ALSO PROVIDING INVALUABLE EDUCATION TO THESE RECENT COLLEGE GRADUATES PRIOR TO THEIR APPLICATION TO AND ACCEPTANCE TO MEDICAL SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erika Rauscher Executive Director | 40 | $216,992 | |
David Hirsh Chairman | OfficerTrustee | 2 | $0 |
Jack Garraty Secretary | OfficerTrustee | 3 | $0 |
Steve Paridis Treasurer | OfficerTrustee | 0.2 | $0 |
Mark L Urken MD Medical Advisor | Trustee | 15 | $0 |
Craig Beden Director | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $365,882 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $997,462 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,363,344 |
Total Program Service Revenue | $0 |
Investment income | $97,673 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $13,831 |
Net Income from Fundraising Events | -$134,872 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,339,976 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $216,992 |
Compensation of current officers, directors, key employees. | $76,978 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $304,163 |
Pension plan accruals and contributions | $11,484 |
Other employee benefits | $44,120 |
Payroll taxes | $32,094 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,025 |
Fees for services: Accounting | $79,057 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,018 |
Advertising and promotion | $19,263 |
Office expenses | $14,506 |
Information technology | $54,793 |
Royalties | $0 |
Occupancy | $0 |
Travel | $169 |
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 | $35,694 |
Insurance | $5,554 |
All other expenses | $11,582 |
Total functional expenses | $998,222 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $865,385 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $47,283 |
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 | $2,168 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $4,733,123 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $31,479 |
Total assets | $5,679,438 |
Accounts payable and accrued expenses | $63,725 |
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 | $63,725 |
Net assets without donor restrictions | $5,008,206 |
Net assets with donor restrictions | $607,507 |
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 | $5,679,438 |
Over the last fiscal year, we have identified 1 grants that Thanc Foundation Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Loeb Family Foundation Inc Winnetka, IL PURPOSE: CHARITABLE CONTRIBUTION | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Ecog-Acrin Medical Research Foundation Inc Philadelphia, PA | $11,624,125 | $49,270,427 |
Next For Autism Inc New York, NY | $6,631,395 | $5,308,625 |
Concussion Legacy Foundation Inc Boston, MA | $3,551,616 | $2,699,860 |
Institute For Healthcare Optimization Inc Bedford, MA | $196,720 | $732,903 |
Foxg1 Research Inc Sands Point, NY | $2,520,850 | $2,803,193 |
Thanc Foundation Inc New York, NY | $5,679,438 | $1,339,976 |
Riaan Research Initiative Inc Oakland Gardens, NY | $1,140,975 | $1,515,797 |
Heart Valve Collaboratory Inc New York, NY | $181,917 | $300,000 |
Metco Directors Association Mattapan, MA | $43,534 | $0 |
American Acne And Rosacea Society Montclair, NJ | $643,788 | $177,478 |
Mho Research Foundation Inc New York, NY | $289,774 | $80,414 |
Association Of Professional Researchers For Advancement Waltham, MA | $199,920 | $0 |