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Commonwealth Foundation for Cancer Research

Richmond, VA · EIN 04-3632101 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Commonwealth Foundation for Cancer Research reported $25.0 million in revenue and $56.0 million in expenses for calendar year 2024. Of every $100 it spent, $99.85 went to program services, $0.15 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 83.2% of the total. The highest compensation it reported for one person was $15,000 (DIRECTOR, SECRETARY). Revenue rose 79% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $56M

For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $25M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 169 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.8%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
0.2%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
83.2%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%5.8%
Highest reported compensation
Part VII-A, columns D–F
$15,000$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.94%
People paid over $100,000
Part VII, line 2
018
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.913.3
Independent voting board members
Part VI 1a–1b
2 of 493.8%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$56M expenses · 99.9% of program spending · grants $56M

The corporation is an exempt organization under sec. 501(c)(3) of the internal revenue code of 1986, as amended. The organization provides support for improving care and advancing discoveries and new technologies relating to cancer through clinical studies and trials

$57,450 expenses · 0.1% of program spending · grants $57,450

The corporation is organized as a supporting organization for the charitable, scientific and educational purposes of the community foundation, inc., an exempt organization under sec. 501(c)(3) of the internal revenue code of 1986, as amended

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR, SECRETARY
Director/trustee, officer, 0.50 hrs/week
$15,000$0$0$15,000
DIRECTOR, TREASURER
Director/trustee, officer, 0.50 hrs/week
$12,500$0$0$12,500

0 people received more than $100,000 in reportable compensation from Commonwealth Foundation for Cancer Research (Part VII, line 2). Compensation of current officers, directors and key employees totaled $27,500 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$25M$56M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$25M$56M99.8%$51M$15,000
2023 ⓘ$102M$55M99.7%$82M$27,500
2022 ⓘ$50M$48M99.8%$35M$23,500
2021 ⓘ$17M$20M99.2%$32M$15,000
2020 ⓘ$24M$20M98.0%$36M$31,000
2019 ⓘ$14M$25M99.1%$32M$11,000

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 63

Private foundation grants it received

1 private foundation reported grants to Commonwealth Foundation for Cancer Research totaling $47M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Commonwealth Foundation for Cancer Research's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Commonwealth Foundation for Cancer Research, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in Virginia

Questions people ask

How much of Commonwealth Foundation for Cancer Research's spending goes to programs?

In calendar year 2024, Commonwealth Foundation for Cancer Research reported that 99.8% of its $56.0 million in expenses went to program services, 0.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Commonwealth Foundation for Cancer Research pay its top executive?

The largest total compensation Commonwealth Foundation for Cancer Research reported for one person in calendar year 2024 was $15,000, for the role of DIRECTOR, SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Commonwealth Foundation for Cancer Research get its money?

Of $25.0 million in revenue in calendar year 2024, 83.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Commonwealth Foundation for Cancer Research a registered charity?

The IRS lists EIN 04-3632101 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513179349301331 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349305848 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303179349304390 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213159349301431 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133159349305843 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349303915 · read the filing

All filings for EIN 04-3632101: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.