Aveni Foundation
- Assets
- $249.7k
- Revenue
- $350.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-0731767
Organization Overview
Aveni Foundation is located in Santa Monica, CA. The organization was established in 2019. 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. Aveni 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 12/2021, Aveni Foundation generated $350.4k in total revenue. All expenses for the organization totaled $165.4k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AVENI FOUNDATION IS COMMITTED TO EXPEDITING DEVELOPMENT OF GENE-TARGETED THERAPIES FOR METASTATIC CANCERS AND OTHER UNMET MEDICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AVENI FOUNDATION AND THE CANCER CENTER OF SOUTHERN CALIFORNIA, SANTA MONICA CA PROUDLY ANNOUNCED PROMISING RESULTS OF A PHASE 1/2 STUDY USING DELTAREX-G (FORMER NAME: REXIN-G) FOR STAGE IV PANCREATIC CANCER. PATIENTS REPORTED ONLY MINOR SIDE EFFECTS (FATIGUE, CHILLNESS, AND HEADACHE) WHILE THERE WAS NO REPORTED HAIR LOSS, NAUSEA OR VOMITING, NO DIARRHEA NOR LIVER, HEART, BREAN, OR KIDNEY DYSFUNCTION THAT IS ASSOCIATED WITH OTHER CANCER TREATMENT THERAPIES. TO DATE, ONE PATIENT IS STILL ALIVE WITH NO EVIDENCE OF CANCER TEN YEARS AFTER THE START OF DELTAREX-G TREATMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ritchie Tuazon Treasurer | Officer | 0 | $0 |
Myrna Aquitnia Secretary | Officer | 0 | $0 |
Erlinda M Gordon Director | Trustee | 0 | $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 | $350,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,364 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $350,369 |
| 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. | $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 | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $5,647 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $600 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,523 |
| Advertising and promotion | $2,392 |
| Office expenses | $170 |
| Information technology | $60 |
| Royalties | $0 |
| Occupancy | $22,197 |
| Travel | $0 |
| 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 | $14,114 |
| All other expenses | $0 |
| Total functional expenses | $165,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,693 |
| 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 | $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 | $249,693 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $249,693 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $249,693 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aveni Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jonsson Cancer Center Foundation- Ucla Los Angeles, CA | $29,334,497 | $13,187,047 |
Translational Research In Oncology Us Inc Los Angeles, CA | $23,537,777 | $8,265,596 |
Pediatric Cancer Research Foundation Irvine, CA | $3,627,407 | $2,821,956 |
Nevada Cancer Research Foundation Inc Las Vegas, NV | $637,661 | $2,412,271 |
The International Genomics Consortium Phoenix, AZ | $13,871,737 | $3,350,681 |
Cancer Prevention Institute of California (CPIC) Foster City, CA | $0 | $44,595 |
Vanguard Cancer Foundation Long Beach, CA | $1,374,337 | $177,388 |
Prostate Cancer Research Institute Culver City, CA | $2,240,081 | $999,786 |
Keatons Child Cancer Alliance Roseville, CA | $375,909 | $787,785 |
Ethos Discovery San Diego, CA | $1,024,175 | $920,855 |
Sino-American Cancer Foundation Arcadia, CA | $0 | $1,131,529 |
Grassrootshealth Encinitas, CA | $16,808 | $760,113 |