American Association for Cancer Research
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
American Association for Cancer Research meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to prevent and cure cancer through research, education, communication, and collaboration."
Year, State Incorporated:
1941, NY
Through its programs and services, American Association of Cancer Research (AACR) fosters the exchange of knowledge and new ideas amongst scientists involved in cancer research and provides training opportunities for new cancer researchers. The organization also works to increase public understanding of cancer through the publication of seven peer reviewed journals and a magazine for cancer survivors, patient advocates, and their families. AACR reports that it holds scientific conferences and meetings that draw participants from the cancer community and that it offers educational workshops, fellowships and research grants to investigators. The organization also advocates for federal research funding.
For the year ended December 31, 2023, American Association for Cancer Research's program expenses were:
Research grants and scientific awards: $17,164,046
Meetings and educational workshops: $22,002,518
Publications: $13,385,685
Communications, science policy and public education: $9,172,662
Scientific programs: $8,403,300
Membership development and services: $2,720,881
Total Program Expenses: $72,849,092
Chief Executive
Margaret Foti, Chief Executive Officer
Compensation*
$1,054,601
Chair of the Board
Patricia M. LoRusso, DO, (hc) PhD
Chair's Profession / Business Affiliation
Professor of Medicine, Chief of the Early Phase Clinical Trials Program, Yale University, Associate Center Director of Experimental Therapeutics, Yale Cancer Center, New Haven, Connecticut
Board Size
19
Paid Staff Size
250
*2023 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, Special events, Foundation grants, Print advertisements, Corporate solicitation
Fundraising costs were 40% of related contributions. (Related contributions, which totaled $18,292,814, 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 American Association for Cancer Research's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Contributions and grants | $18,292,814 |
| Investment income | $24,060,893 |
| Meetings and educational workshops | $32,287,777 |
| Membership dues | $4,356,722 |
| Publications | $19,336,217 |
| Scientific initiatives | $2,413,006 |
| Other | $714,032 |
| Total Income | $101,610,221 |
Programs: 87% Fundraising: 6% Administrative: 7%
| Total Income | $101,610,221 |
| Total expenses: | $83,405,180 |
| Program expenses | $72,849,092 |
| Fundraising expenses | $4,666,962 |
| Administrative expenses | $5,740,366 |
| Other expenses | $0 |
| Income in Excess of Expenses | $18,205,041 |
| Beginning Net Assets | $152,281,442 |
| Other Changes In Net Assets | $-148,760 |
| Ending Net Assets | $170,486,483 |
| Total Liabilities | $65,408,679 |
| Total Assets | $235,895,162 |
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.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance