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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Conquer Cancer Foundation of the American Society of Clinical Oncology

Standards Not Met
Standards Not Met
1 6 7 14 16 18
(571) 483-1700
2318 Mill Road, Suite 800
Alexandria, VA, 22314
http://www.conquer.org
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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

Conquer Cancer Foundation of the American Society of Clinical Oncology does not meet the following 6 Standards for Charity Accountability:

Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

CCF does not meet this Standard because its board of directors does not:

  • Review the performance of the chief executive officer at least once every two years.

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

CCF does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

CCF does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

CCF does not meet this Standard because, when the organization provided 2024 budget information, it indicated that the budget:

  • Did not identify total projected program service expenses for each major program category (research, scientific and medical education, and quality and access to care).
  • Did not identify total projected fundraising expenses.
  • Did not identify total projected administrative expenses.

Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

CCF does not meet this Standard because the 2023 annual report did not include:

  • Total expenses for each program in the same categories that appear in the organization's financial statements (research, scientific and medical education, quality and access to care).
  • Board roster.

Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

CCF does not meet this Standard because the privacy policy on its website, https://conquer.org, does not indicate:

  • What security measures are in place to protect personal information that is collected.

Conquer Cancer Foundation of the American Society of Clinical Oncology meets the remaining 14 Standards for Charity Accountability.

Stated Purpose:
"to accelerate breakthroughs in lifesaving research and empower people everywhere to conquer cancer."

Year, State Incorporated:
1999, VA

Conquer Cancer Foundation of the American Society of Clinical Oncology (CCF) supports clinical research, patient education, and patient advocacy programs that aim to benefit the world today and create new hope for the future. The organization funds initiatives spearheaded by the CCF itself, by ASCO, and by program partners that work in the global campaign against cancer. CCF reports that its focus extends from prevention through diagnosis, treatment, end-of-life care, and survivorship.

For the year ended December 31, 2023, Conquer Cancer Foundation of the American Society of Clinical Oncology's program expenses were:

Research $16,608,439
Scientific and medical education $6,151,814
Quality and access to care $1,456,370
Total Program Expenses $24,216,623

Chief Executive
Nancy Daly MS MPH, Chief Executive Officer

Compensation*
$516,841

Chair of the Board
Howard A. Burris, FACP, FASCO III,MD,

Chair's Profession / Business Affiliation
President and Chief Medical Officer, Sarah Cannon

Board Size
19

Paid Staff Size
54

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: According to the CCF IRS Form 990, Clifford A. Hudis was the organization's highest paid employee in 2022 and received compensation of $952,895.

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

Fundraising costs were 24% of related contributions. (Related contributions, which totaled $32,725,735, 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 Conquer Cancer Foundation of the American Society of Clinical Oncology's audited financial statements for the year ended December 31, 2023.

Source of Funds
Employee retention tax credits $678,681
Dues $1,136,500
Other $1,328,134
Investment return, net $11,196,805
Contributions, grants and sponsorships $32,725,735
Total Income $33,133,692

Programs: 72% Fundraising: 22% Administrative: 6%

Total Income $33,133,692
Total expenses: $33,725,112
  Program expenses $24,216,623
  Fundraising expenses $7,565,392
  Administrative expenses $1,943,097
  Other expenses $0
Income in Excess of Expenses $-591,420
Beginning Net Assets $83,685,128
Other Changes In Net Assets $0
Ending Net Assets $97,025,871
Total Liabilities $13,025,732
Total Assets $110,051,603

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

Report completed by:
BBB Wise Giving Alliance