Lung Cancer Research Foundation meets the 20 Standards for Charity Accountability.
Lung Cancer Research Foundation (LCRF) reports that it funds research with the potential to extend survival and improve quality of life for people with lung cancer. The organization also promotes lung cancer awareness and educational programs through its Lung Cancer Support Line, clinical trial search tool, and free educational materials for patients and caregivers. In addition, LCRF hosts community events nationwide through its Free to Breathe events program.
For the year ended December 31, 2020, Lung Cancer Research Foundation's program expenses were:
Program services |
$3,878,972 |
Total Program Expenses: |
$3,878,972 |
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Chief Executive
Dennis P. Chillemi, Executive Director
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Compensation*
$263,892
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Chair of the Board
Reina Honts
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Chair's Profession / Business Affiliation
Fashion Industry Executive
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Board Size
14
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Paid Staff Size
15
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Other
LCRF incurred joint costs of $46,822 for informational materials and activities that included fundraising materials. Of those costs $28,093 was allocated to fundraising expenses and $18,729 was allocated to program expenses.
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $5,204,491, 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 Lung Cancer Research Foundation's audited financial statements for the year ended December 31, 2020.
Source of Funds |
Contributions and grants |
$2,851,925 |
Special events, net |
$1,910,066 |
Government grants |
$442,500 |
Investment income |
$1,357 |
Total Income |
$5,205,848 |
- Programs: 79%
- Fundraising: 15%
- Administrative: 6%
Total Income |
$5,205,848 |
Program expenses |
$3,878,972 |
Fundraising expenses |
$718,542 |
Administrative expenses |
$323,913 |
Other expenses |
$0 |
Total expenses: |
$4,921,427 |
Income in Excess of Expenses |
$284,421 |
Beginning Net Assets |
$2,409,813 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,694,234 |
Total Liabilities |
$1,887,724 |
Total Assets |
$4,581,958 |
Note: According to the organization's audited financial statements for the year ended December 31, 2020, LCRF received in-kind contributions totaling $54,486 in the form of legal and media services.