Sebastianstrong Foundation
- Assets
- $1.0m
- Revenue
- $940.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Miami Springs, FL
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-5044002
Organization Overview
Sebastianstrong Foundation is located in Miami Springs, FL. The organization was established in 2017. According to its NTEE Classification (G30) the organization is classified as: Cancer, 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. Sebastianstrong 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, Sebastianstrong Foundation generated $940.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $928.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sebastianstrong Foundation has awarded 25 individual grants totaling $2,438,866. 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
BASED IN MIAMI, FLORIDA, SEBASTIANSTRONG FOUNDATION IS A REGISTERED 501(C)(3) CHARITY THAT HONORS THE LIFE OF SEBASTIAN "SEBS ORTIZ (2000-2016) BY INCREASING AWARENESS OF CHILDHOOD CANCER AND RAISING MONEY TO FUND RESEARCH FOR LESS TOXIC, MORE TARGETED CHILDHOOD CANCER CURES. THIS MISSION WAS BORN FROM THE EXAMPLE OF STRENGTH SET FORTH BY SEBS DURING HIS COURAGEOUS 14-MONTH BATTLE WITH RHABDOMYOSARCOMA. SINCE HIS PASSING, THE FOUNDATION BEARING HIS NAME HAS BOLSTERED THE SUPPORT OF DONORS FROM ACROSS THE COUNTRY. SEBASTIANSTRONG HAS AWARDED SEVERAL GRANTS TO DATE FOR PEDIATRIC CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEBASTIANSTRONG FOUNDATION'S FOCUS IS ON FUNDING CUTTING-EDGE PEDIATRIC CANCER RESEARCH. WE AIM TO FUND RESEARCH THAT FOCUSES ON LESS TOXIC AND MORE TARGETED TREATMENTS AND CURES - FROM FINDING WAYS TO MAKE CHEMOTHERAPY TREATMENT LESS TOXIC AND MORE EFFECTIVE, TO FINDING WAYS TO TEACH THE BODY TO FIGHT CANCER. PROJECTS ARE SELECTED THROUGH A RIGOROUS REVIEW PROCESS BY OUR MEDICAL ADVISORY BOARD. AT TIMES, PROJECTS GO THROUGH MORE THAN ONE REVIEW CYCLE, AS WHEN WE PARTNER WITH OTHER FOUNDATIONS TO JOINTLY FUND A PROJECT. IN THOSE CASES, PROJECTS ARE REVIEWED BY SCIENTISTS AND DOCTORS ON MORE THAN ONE MEDICAL ADVISORY BOARD.
SEBASTIANSTRONG FOUNDATION'S FOCUS IS ON FUNDING CUTTING-EDGE PEDIATRIC CANCER RESEARCH. WE AIM TO FUND RESEARCH THAT FOCUSES ON LESS TOXIC AND MORE TARGETED TREATMENTS AND CURES - FROM FINDING WAYS TO MAKE CHEMOTHERAPY TREATMENT LESS TOXIC AND MORE EFFECTIVE, TO FINDING WAYS TO TEACH THE BODY TO FIGHT CANCER. PROJECTS ARE SELECTED THROUGH A RIGOROUS REVIEW PROCESS BY OUR MEDICAL ADVISORY BOARD. AT TIMES, PROJECTS GO THROUGH MORE THAN ONE REVIEW CYCLE, AS WHEN WE PARTNER WITH OTHER FOUNDATIONS TO JOINTLY FUND A PROJECT. IN THOSE CASES, PROJECTS ARE REVIEWED BY SCIENTISTS AND DOCTORS ON MORE THAN ONE MEDICAL ADVISORY BOARD.
SEBASTIANSTRONG FOUNDATION WORKS TO BRING AWARENESS AND KNOWLEDGE OF CHILDHOOD CANCER TO THE GENERAL PUBLIC AS WELL AS CHILDHOOD CANCER FAMILIES THROUGH AWARENESS, EDUCATIONAL AND VOLUNTEER ACTIVITIES. SEBASTIANSTRONG ROUTINELY EDUCATES THE GENERAL PUBLIC THROUGH GUEST LECTURES/PRESENTATIONS AT SCHOOLS AND COMMUNITY EVENTS. WE ALSO PARTICIPATE IN FAMILY/PATIENT ACTIVITIES AT LOCAL HOSPITALS. WE OFFER VOLUNTEER ACTIVITIES, WHICH ALLOW PEOPLE TO GET INVOLVED IN INCREASING AWARENESS AND KNOWLEDGE OF THE CAUSE. WE PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS PURSUING STEM CAREERS TO ENCOURAGE GROWTH IN THE FIELD AND TO FEED THE WELL OF FUTURE RESEARCHERS.
SEBASTIANSTRONG FOUNDATION WORKS TO BRING AWARENESS AND KNOWLEDGE OF CHILDHOOD CANCER TO THE GENERAL PUBLIC AS WELL AS CHILDHOOD CANCER FAMILIES THROUGH AWARENESS, EDUCATIONAL AND VOLUNTEER ACTIVITIES. SEBASTIANSTRONG ROUTINELY EDUCATES THE GENERAL PUBLIC THROUGH GUEST LECTURES/PRESENTATIONS AT SCHOOLS AND COMMUNITY EVENTS. WE ALSO PARTICIPATE IN FAMILY/PATIENT ACTIVITIES AT LOCAL HOSPITALS. WE OFFER VOLUNTEER ACTIVITIES, WHICH ALLOW PEOPLE TO GET INVOLVED IN INCREASING AWARENESS AND KNOWLEDGE OF THE CAUSE. WE PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS PURSUING STEM CAREERS TO ENCOURAGE GROWTH IN THE FIELD AND TO FEED THE WELL OF FUTURE RESEARCHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Gonzalez Board Member | Trustee | 1 | $0 |
Mike Percy Board Member | Trustee | 1 | $0 |
Javier Vazquez Board Member | Trustee | 1 | $0 |
Jose E Cueto Board Member | Trustee | 1 | $0 |
James Mcallister Board Member | Trustee | 10 | $0 |
Rebecca L Mendez Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $207,823 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $495,227 |
| Total Program Service Revenue | $0 |
| Investment income | $7,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $435,368 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,869 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $940,273 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $674,710 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,000 |
| Compensation of current officers, directors, key employees. | $95,000 |
| 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 | $0 |
| Fees for services: Legal | $750 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,014 |
| Office expenses | $22,550 |
| Information technology | $29,606 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,638 |
| 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 | $993 |
| Total functional expenses | $928,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $988,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,709 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $1,036,042 |
| Accounts payable and accrued expenses | $12,654 |
| 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 | $12,654 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,023,388 |
| Total liabilities and net assets/fund balances | $1,036,042 |
Grants Awarded
Over the last fiscal year, Sebastianstrong Foundation has awarded $1,342,916 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DOLPHIN CHALLENGE CANCER PURPOSE: To advance the organization's charitable purpose. | $125,000 |
UNIVERSITY OF FLORIDA FOUNDATION INC PURPOSE: To advance the organization's charitable purpose. | $22,500 |
CURESEARCH FOR CHILDREN'S CANCER PURPOSE: To advance the organization's charitable purpose. | $170,850 |
BAPTIST HEALTH SOUTH FLORIDA FOUNDATION INC PURPOSE: To advance the organization's charitable purpose. | $35,000 |
UNIVERSITY OF FLORIDA FOUNDATION INC PURPOSE: To advance the organization's charitable purpose. | $22,500 |
CHILDRENS NATIONAL HOSPITAL FOUNDATION PURPOSE: To advance the organization's charitable purpose. | $318,108 |