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CHARITY REVIEW
Issued: February 2024 Expires: February 2026

CureSearch for Children's Cancer

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7 15
4800 Hampden Lane, PMB 183, Suite 200
Bethesda, MD, 20814

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 7, 15

CureSearch for Children's Cancer meets the remaining 18 Standards for Charity Accountability.

Stated Purpose:
"to end childhood cancer by driving targeted and innovative research with measurable results in an accelerated time frame."

Year, State Incorporated:
1987, CA

Also Known As:
National Childhood Cancer Foundation

CureSearch for Children's Cancer (CureSearch) funds and supports cancer research and seeks to be an authoritative source of information and resources for all those affected by children's cancer. The organization supports efforts to improve treatments and find cures for children's cancer. The organization uses competitive grant making initiatives to fund research teams across the country that study more than 13 types of cancer in children, adolescents and young adults with the goal of improving current treatments, developing new therapies, and understanding the biology of more pediatric cancer disease types. The organization reports that it funds research at all stages of the developent pipeline, including basic science, translational research, clinical trial development, and the testing of new therapies. CureSearch reports that it impacts over 14,900 children with cancer each year.

For the year ended December 31, 2021, CureSearch for Children's Cancer's program expenses were:

Program services: $3,533,912

Total Program Expenses: $3,533,912

Chief Executive
Kay Koehler, President and Chief Executive Officer

Compensation*
$380,471

Chair of the Board
Jared D. Brancazio

Chair's Profession / Business Affiliation
Vice President of Investments, Brancazio Wealth Management of Raymond James

Board Size
19

Paid Staff Size
18

*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Print advertisements

Fundraising costs were 14% of related contributions. (Related contributions, which totaled $5,848,393, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on CureSearch for Children's Cancer's audited financial statements for the year ended December 31, 2021.

Source of Funds
Contributions $2,524,920
Institutional grants and gifts $314,185
Special events, net $2,453,688
Investment income, net $254,761
Government grants $555,600
Other revenue $41,401
Total Income $6,144,555

Programs: 73% Fundraising: 15% Administrative: 11%

Total Income $6,144,555
Total expenses: $4,814,800
  Program expenses $3,533,912
  Fundraising expenses $740,857
  Administrative expenses $540,031
  Other expenses $0
Income in Excess of Expenses $1,329,755
Beginning Net Assets $6,304,181
Other Changes In Net Assets $0
Ending Net Assets $7,633,936
Total Liabilities $441,681
Total Assets $8,075,617

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance