Blood Cancer United
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Blood Cancer United meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to cure blood cancer and improve the quality of life of all patients and their families."
Year, State Incorporated:
1949, NY
Also Known As:
Leukemia & Lymphoma Society
Blood Cancer United (BCU, formerly Leukemia & Lymphoma Society) reports that it is dedicated to finding blood cancer cures and advancing access to treatment. The organization is a source of free blood cancer information, education, and support for patients, survivors, families, and health care professionals. BCU states that it helps patients navigate their cancer treatments and ensures they have access to quality, affordable, and coordinated care. The organization also states that it advocates for policies at the state and federal level, and works to remove barriers to care for blood cancer patients. Some ($14,141,000 or 5%) of BCU's program activities are carried out in conjunction with fundraising appeals.
For the year ended June 30, 2024, Blood Cancer United's program expenses were:
Research: $142,152,000
Patient and community service: $110,894,000
Public health education: $23,972,000
Professional education: $23,519,000
Total Program Expenses: $300,537,000
Chief Executive
E. Anders Kolb, MD, President and Chief Executive Officer
Compensation*
$479,839
Chair of the Board
Alessandra Tocco
Chair's Profession / Business Affiliation
Managing Direcotor, Good Hill Partners
Board Size
22
Paid Staff Size
1228
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Mr. Kolb became President and Chief Executive Officer on May 1, 2023. Former President and Chief Executive Officer, Louis J. DeGennaro, received $1,383,794 in compensation in 2023.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements, Corporate solicitation
BCU incurred joint costs of $22,018,000 for informational materials and activities that included fundraising materials. Of those costs $14,141,000 was allocated to program expenses and $7,877,000 was allocated to fundraising expenses.
Fundraising costs were 13% of related contributions. (Related contributions, which totaled $354,691,000 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 Blood Cancer United's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Campaign contributions, net | $245,117,000 |
| Co-pay contributions | $83,500,000 |
| Therapy Acceleration program contractual return and royalties | $3,796,000 |
| Service revenue | $14,933,000 |
| In-kind contributions | $12,193,000 |
| Legacies and other revenue | $13,881,000 |
| Interest and dividend income, net | $14,791,000 |
| Total Income | $388,211,000 |
Programs: 76% Fundraising: 12% Administrative: 12%
| Total Income | $388,211,000 |
| Total expenses: | $394,745,000 |
| Program expenses | $300,537,000 |
| Fundraising expenses | $46,889,000 |
| Administrative expenses | $47,319,000 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-6,534,000 |
| Beginning Net Assets | $381,681,000 |
| Other Changes In Net Assets | $24,241,000 |
| Ending Net Assets | $399,388,000 |
| Total Liabilities | $212,452,000 |
| Total Assets | $611,840,000 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to net increase in fair value of investments ($24,516,000) and foreign currency translation adjustment and other (-$275,000).
Note 2: According to the organization's audited financial statements - consolidated - for the year ended September 30, 2024, BCU received in-kind gifts totaling $12,193,000 in the form of media ($10,246,000), services ($1,817,000), and goods ($130,000).
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