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Commonwealth Foundation For Cancer Research

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043632101 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is Commonwealth Foundation For Cancer Research?

The Commonwealth Foundation for Cancer Research is a compassionate charitable organization based in Richmond, Virginia. As a supporting entity for the Community Foundation Inc., it operates under the umbrella of Section 501(c)(3) of the Internal Revenue Code. Driven by its mission, the Commonwealth Foundation focuses on providing essential funding for cancer research, aiming to enhance lives and make a significant impact.


Is Commonwealth Foundation For Cancer Research legitimate?

Commonwealth Foundation For Cancer Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commonwealth Foundation For Cancer Research submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $32,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Commonwealth Foundation For Cancer Research?
Who is the CEO of Commonwealth Foundation For Cancer Research?
What is the revenue of Commonwealth Foundation For Cancer Research?
Who are the executives of Commonwealth Foundation For Cancer Research and what are their salaries?
Where can I find the form 990 for Commonwealth Foundation For Cancer Research?

Mission Statement of Commonwealth Foundation For Cancer Research

The Commonwealth Foundation for Cancer Research is a philanthropic organization with a noble mission to sponsor research intended to combat cancer. Established as a supporting entity for the Community Foundation Inc., this nonprofit operates under the tax-exempt status defined by section 501(c)(3) of the Internal Revenue Code.

The Commonwealth Foundation for Cancer Research stands out as a beacon of hope for those affected by cancer, with its primary aim to enhance lives through groundbreaking research. In simple terms, its purpose is to fund projects dedicated to unraveling the enigmas surrounding this devastating disease, ultimately leading to advancements in prevention, diagnosis, and treatment.

This dedicated organization is a vital player in the broader fight against cancer. By devoting its resources to fostering scientific inquiry, it contributes to the collective knowledge and progress within the field. In turn, this commitment to research paves the way for potential life-changing discoveries and innovations, ultimately benefiting countless individuals and families impacted by cancer.

Impact

This information is meant to be a general summary of Commonwealth Foundation For Cancer Research. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Commonwealth Foundation for Cancer Research has a significant impact in the fight against cancer by providing crucial funding for cancer research. Through their support, researchers are able to make advancements in understanding cancer, developing new treatments, and improving patient outcomes. This organization plays a vital role in enabling progress in the field of medical research dedicated to combating cancer, ultimately contributing to saving lives and improving the quality of life for cancer patients and their families.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,639,130
  • Program Service Revenue: $0
  • Gross Receipts: $51,570,092

    • Assets and Liabilities:
  • Total Assets: $34,835,660
  • Total Liabilities: $91,031
  • Net Assets: $34,744,629
  • Organization Details

    Founding Year

    2002

    Principal Officer

    William H Goodwin Jr

    Main Address

    800 EAST CANAL STREET 1900, RICHMOND, VA, 23219

    NTEE Category

    Code: H30 - Medical research

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