The Poetic Foundation Inc

Organization Overview

The Poetic Foundation Inc is located in Staten Island, NY. The organization was established in 2012. 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. Poetic 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 12/2023, Poetic Foundation Inc generated $202.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $148.3k during the year ending 12/2023. While expenses have increased by 17.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE POETIC FOUNDATION'S MISSION IS TO PROMOTE THE EARLY CLINICAL DEVELOPMENT OF PROMISING THERAPIESFOR THE TREATMENT OF CHILDREN, ADOLESCENTS AND YOUNG ADULTS WITH CANCER AND RELATED DISORDERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL AND RELATED NECESSARY SUPPORT TO ENTITIES INVOLVED IN MEDICAL RESEARCH AND CLINICAL TRIALS WITH A PARTICULAR EMPHASIS ON ADVANCING PEDIATRIC CANCER CARE AND SUPPORT. TWO CLINICAL TRIALS WERE OPENED . EIGHT SITES WERE INITIATED IN 2023, ONE SITE WAS OPENED AND INTIATED STUDY SITE ACTIVITIES AT 25 ADDITONAL CENTERS. FURTHER,FOUR CLINICAL WORKING GROUPS WERE SUPPORTED WITH THREE STUDY CONCEPTS OVER DEVELOPMENT IN 2023. ADDITIONALLY COMPLETED DATA LOCK AND PREPARATION OF DATA ANALYSIS AND DEVELPED CENTRALIZED INSTRASTRUCTURE ( REGULATORY SUPPORT, FDA SUBMISSION, ELECTRONIC DATA CAPTURE, CENTRALIZED IRB, CENTRALIZED DRUG VENDOR SERVICES, ESTABLISHING IN KIND DONATION OF DRUG SUPPLY) AND MONTHLY PRINICIPAL INVESTIGATOR CALLS, STUDY SAFETY CALLS AND DISCUSSIONS WITH PHARMA COMPANIES STUDY CONCEPTS


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Board, Officers & Key Employees

Name (title)Compensation
Aru Narendren MD
Director
$0
Cynthia Herzog MD
Director
$0
Valerie Brown MD
Director
$0
Amy Smith MD
Director
$0
Luke Maese MD
Director
$0
Anne Marie Langevin MD
Director
$0

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$202,334
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$202,334
Total Program Service Revenue$0
Investment income $10
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 $202,344

Grants Awarded

Over the last fiscal year, The Poetic Foundation Inc has awarded $72,568 in support to 2 organizations.

Grant RecipientAmount

MD ANDERSON CANCER CENTER

PURPOSE: TO INTERFACE AND DEVELOP RESEARCH TECHNOLOGIES AND PROMOTE CLINICAL TRIALS

$8,355

THE GASANA FOUNDATION

PURPOSE: TO AID IN DEVELOPMENT OF INTERNATIONAL CHILDREN'S CANCER RESEARCH CENTER IN KYEBI GHANATO PROMOTE RESEARCH AND DEVELOP CLINICAL TRIALS

$64,213
View Grant Profile

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