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← ANDREW MCDONOUGH B POSITIVE FOUNDATION

Form 990 for tax year 2022

Filed by ANDREW MCDONOUGH B POSITIVE FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2022 , filed 27 September 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$8,116,230 changed to $7,985,160
Grants paid
$7,077,881 changed to $6,946,811
Total assets, end of year
$5,265,896 changed to $5,396,966
Net assets or fund balances, end of year
$5,263,479 changed to $5,394,549
Program services expenses
$7,927,395 changed to $7,796,325
Program service expenses (Part III)
$7,927,395 changed to $7,796,325

Totals

Total revenue
$8,390,904
Total expenses
$8,116,230
Contributions and grants received
$2,561,224
Grants paid
$7,077,881
Program service revenue
$0
Investment income
$64,180
Other revenue
$5,765,500
Total assets, end of year
$5,265,896
Total liabilities, end of year
$2,417
Net assets or fund balances, end of year
$5,263,479
Program services expenses (Part IX)
$7,927,395
Management and general expenses
$116,752
Fundraising expenses
$72,083
Program service expenses (Part III)
$7,927,395

Program services were 97.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,561,224

  • 1g · Noncash contributions included above

    $33,666

  • 3 · Investment income

    total $88,145 · excluded $88,145

  • 7a · Gross sales of assets other than inventory

    securities $379,117

  • 7b · Less cost or other basis and sales expenses

    securities $403,082

  • 7c · Gain or loss

    securities -$23,965

  • 7d · Net gain or loss

    total -$23,965 · related or exempt -$23,965

  • 8a · Fundraising events: gross income

    $6,052,098

  • 8b · Fundraising events: direct expenses

    $276,535

  • 8c · Net income from fundraising events

    total $5,775,563 · excluded $5,775,563

  • 10a · Gross sales of inventory

    $17,217

  • 10b · Cost of goods sold

    $27,280

  • 10c · Net income from sales of inventory

    total -$10,063 · excluded -$10,063

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,007,208 · program services $2,007,208

  • 2 · Grants to domestic individuals

    total $5,070,673 · program services $5,070,673

  • 5 · Compensation of officers, directors and key employees

    total $165,525 · program services $132,420 · management and general $33,105

  • 7 · Other salaries and wages

    total $461,823 · program services $385,499 · management and general $21,031 · fundraising $55,293

  • 9 · Other employee benefits

    total $44,997 · program services $37,148 · management and general $3,883 · fundraising $3,966

  • 10 · Payroll taxes

    total $46,722 · program services $38,572 · management and general $4,032 · fundraising $4,118

  • 11b · Fees: legal

    total $5,603 · management and general $5,603

  • 11c · Fees: accounting

    total $8,800 · management and general $8,800

  • 11f · Fees: investment management

    total $14,684 · management and general $14,684

  • 11g · Fees: other

    total $66,315 · program services $60,868 · management and general $5,447

  • 13 · Office expenses

    total $28,081 · program services $21,491 · management and general $4,342 · fundraising $2,248

  • 16 · Occupancy

    total $52,552 · program services $43,385 · management and general $4,632 · fundraising $4,535

  • 17 · Travel

    total $41,542 · program services $34,590 · management and general $6,952

  • 22 · Depreciation, depletion and amortization

    total $1,787 · management and general $1,787

  • 23 · Insurance

    total $489 · management and general $489

  • 24a · Other expenses: SPECIAL EVENTS

    total $54,645 · program services $54,645

  • 24b · Other expenses: AWARENESS & ADVOCACY

    total $22,496 · program services $22,496

  • 24c · Other expenses: BUSINESS REGISTRATION F

    total $22,288 · program services $18,400 · management and general $1,965 · fundraising $1,923

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,828,734 · end of year $2,353,923

  • 8 · Inventories for sale or use

    beginning of year $24,424 · end of year $11,875

  • 10a · Land, buildings and equipment: cost or other basis

    $16,230

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,336

  • 10c · Land, buildings and equipment, net

    beginning of year $4,146 · end of year $5,894

  • 11 · Investments: publicly traded securities

    beginning of year $3,326,738 · end of year $2,723,432

  • 12 · Investments: other securities

    end of year $100,000

  • 14 · Intangible assets

    beginning of year $10,107 · end of year $9,863

  • 15 · Other assets

    beginning of year $62,374 · end of year $60,909

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,070 · end of year $2,417

  • 27 · Net assets without donor restrictions

    beginning of year $5,147,004 · end of year $5,103,508

  • 28 · Net assets with donor restrictions

    beginning of year $107,449 · end of year $159,971

Mission and programs · 2022

Mission

THE ANDREW MCDONOUGH B+ FOUNDATION FIGHTS CHILDHOOD CANCER BY: PROVIDING FINANCIAL ASSISTANCE TO FAMILIES OF KIDS WITH CANCER; FUNDING CUTTING-EDGE PEDIATRIC CANCER RESEARCH; AND ADVOCATING FOR INCREASED FUNDING AND AWARENESS. THE B+ FOUNDATION IS ABOUT KIDS HELPING KIDS FIGHT CANCER THROUGH FAMILY ASSISTANCE, RESEARCH AND ADVOCACY, AND SHARING THE LIFESTYLE MESSAGE TO "LIVE LIKE ANDREW AND "BE POSITIVE".

Activities or mission (Part I)

THE MISSION OF THE ANDREW MCDONOUGH B+ FOUNDATION IS TO FIGHT CHILDHOOD CANCER.

  • FAMILY ASSISTANCE- PROVIDES FINANCIAL ASSISTANCE AND EMOTIONAL SUPPORT TO FAMILIES WITH CHILDREN BATTLING CANCER. THE B+ FOUNDATION IS ONE OF THE LARGEST PROVIDERS OF FINANCIAL ASSISTANCE TO FAMILIES OF KIDS WITH CANCER, HAVING HELPED 3,500 FAMILIES FROM OVER 200 HOSPITALS NATIONWIDE.

    Expenses $5,843,046 · Grants $5,070,673

  • RESEARCH- PROVIDES FUNDING FOR CUTTING-EDGE PEDIATRIC CANCER RESEARCH STRIVING FOR CURES AND/OR ENHANCED TREATMENT PROTOCOLS.

    Expenses $2,007,208 · Grants $2,007,208

  • AWARENESS & ADVOCACY- TO INCREASE SUPPORT AND AWARENESS OF CHILDHOOD CANCER; TO SPREAD THE "B+" MESSAGE AND INSPIRE OTHERS.

    Expenses $77,141

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joseph McDonough

    PRESIDENT

    Total calculated
    $165,525
    From this org
    $165,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $165,525
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $165,525

  • Dr Dash Dhanak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sherrie Caldwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christine McDonough

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Tom O'Donnell

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Nina Tiller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marco Diprinzio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Ali Spano

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • David Rosenfeld

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tj Zak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • ACCELERATE

    $200,000

    PEDIATRIC CANCER RESEARCH

  • CITY OF HOPE

    $150,000

    PEDIATRIC CANCER RESEARCH

  • UNIVERSITY OF COLORADO

    $150,000

    PEDIATRIC CANCER RESEARCH

  • JOHN HOPKINS UNIVERSITY

    $150,000

    PEDIATRIC CANCER RESEARCH

  • THE CHILDRENS ONCOLOGY GROUP

    $100,000

    PEDIATRIC CANCER RESEARCH

  • CHILDRENS HOSPITAL OF PITTSBURGH

    $75,000

    PEDIATRIC CANCER RESEARCH

  • CHILDRENS RESEARCH INSTITUTE

    $75,000

    PEDIATRIC CANCER RESEARCH

  • BAYLOR COLLEGE OF MEDICINE

    $75,000

    PEDIATRIC CANCER RESEARCH

  • CASE WESTERN RESERVE UNIVERSITY

    $75,000

    PEDIATRIC CANCER RESEARCH

  • MEMORIAL SLOAN KETTERING CANCER CENTER

    $75,000

    PEDIATRIC CANCER RESEARCH

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
8 May 2023
IRS schema version
2022v5.0
Source object
202301299349301220

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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