St. Baldrick's Foundation meets the 20 Standards for Charity Accountability.
St. Baldrick's Foundation (St. Baldrick's) reports that it works to find cures for childhood cancer by funding childhood cancer research grants. Grant types funded include next generation training and research, and summer fellows, fellowships, scholars and international scholars. St. Baldrick's states that it also funds discovery research grants, cooperative grants, and innovative awards. In addition, the organization advocates for more effective regulations and federal funding for childhood cancer research.
For the year ended June 30, 2019, St. Baldrick's Foundation's program expenses were:
Childhood cancer research and advocacy |
$27,475,737 |
Total Program Expenses: |
$27,475,737 |
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Chief Executive
Kathleen Ruddy, Chief Executive Officer
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Compensation*
$288,473
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Chair of the Board
Katherine Lugar
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Chair's Profession / Business Affiliation
President and Chief Executive Officer, American Beverage Association
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Board Size
12
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Paid Staff Size
53
*2018 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
Fundraising costs were 24% of related contributions. (Related contributions, which totaled $37,007,788, 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 St. Baldrick's Foundation's audited financial statements for the year ended June 30, 2019.
Source of Funds |
Contributions |
$36,696,235 |
Investment return, net |
$766,320 |
Contributed services and assets |
$311,553 |
Total Income |
$37,774,108 |
- Programs: 73%
- Fundraising: 24%
- Administrative: 3%
Total Income |
$37,774,108 |
Program expenses |
$27,475,737 |
Fundraising expenses |
$8,783,066 |
Administrative expenses |
$1,406,273 |
Other expenses |
$0 |
Total expenses: |
$37,665,076 |
Income in Excess of Expenses |
$109,032 |
Beginning Net Assets |
$14,018,484 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$14,127,516 |
Total Liabilities |
$24,860,913 |
Total Assets |
$38,988,429 |
Note: As reported in the organization’s audited financial statements for the year ended June 30, 2019, St. Baldrick’s received in-kind donations totaling $311,553 in the form of public relations, advertising, attorney services and management consulting ($231,855) and items for fundraising events and items for operations ($79,698).