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← CONQUER CANCER FDN OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY

Form 990 for tax year 2022

Filed by CONQUER CANCER FDN OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY.

Totals

Total revenue
$33,133,692
Total expenses
$32,888,928
Contributions and grants received
$31,125,188
Grants paid
$20,648,632
Program service revenue
$363,476
Investment income
$1,837,688
Other revenue
-$192,660
Total assets, end of year
$98,117,170
Total liabilities, end of year
$14,432,042
Net assets or fund balances, end of year
$83,685,128
Program services expenses (Part IX)
$24,327,020
Management and general expenses
$1,459,960
Fundraising expenses
$7,101,948
Program service expenses (Part III)
$24,327,020

Program services were 74.0% 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.

  • 1a · Federated campaigns

    $3,954

  • 1b · Membership dues

    $1,269,000

  • 1c · Fundraising events

    $1,676,299

  • 1d · Related organizations

    $3,514,500

  • 1f · All other contributions, gifts and grants

    $24,661,435

  • 1g · Noncash contributions included above

    $37,345

  • 2a · Program service revenue: GRANTS EXPERTISE

    total $363,476 · related or exempt $363,476

  • 3 · Investment income

    total $1,978,770 · excluded $1,978,770

  • 7a · Gross sales of assets other than inventory

    securities $3,385,346

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

    securities $3,526,428

  • 7c · Gain or loss

    securities -$141,082

  • 7d · Net gain or loss

    total -$141,082 · excluded -$141,082

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $1,676,299

  • 8b · Fundraising events: direct expenses

    $192,660

  • 8c · Net income from fundraising events

    total -$192,660 · excluded -$192,660

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $18,880,794 · program services $18,880,794

  • 2 · Grants to domestic individuals

    total $413,000 · program services $413,000

  • 3 · Grants to foreign organizations and individuals

    total $1,354,838 · program services $1,354,838

  • 11a · Fees: management

    total $7,148,827 · program services $2,180,556 · management and general $522,307 · fundraising $4,445,964

  • 11b · Fees: legal

    total $3,000 · program services $3,000

  • 11c · Fees: accounting

    total $68,500 · management and general $68,500

  • 11e · Fees: professional fundraising services

    total $257,693 · fundraising $257,693

  • 11f · Fees: investment management

    total $40,300 · management and general $40,300

  • 11g · Fees: other

    total $1,932,897 · program services $996,540 · management and general $539,287 · fundraising $397,070

  • 12 · Advertising and promotion

    total $17,235 · fundraising $17,235

  • 13 · Office expenses

    total $1,296,393 · program services $230,178 · management and general $69,916 · fundraising $996,299

  • 14 · Information technology

    total $632,003 · program services $5,440 · management and general $21,994 · fundraising $604,569

  • 16 · Occupancy

    total $490,964 · program services $123,029 · management and general $107,243 · fundraising $260,692

  • 17 · Travel

    total $296,735 · program services $124,837 · management and general $60,410 · fundraising $111,488

  • 19 · Conferences, conventions and meetings

    total $54,949 · program services $14,808 · management and general $29,203 · fundraising $10,938

  • 24a · Other expenses: MISC

    total $800 · management and general $800

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,062,629 · end of year $9,023,972

  • 3 · Pledges and grants receivable

    beginning of year $5,040,333 · end of year $5,402,813

  • 9 · Prepaid expenses and deferred charges

    beginning of year $164,928 · end of year $130,103

  • 11 · Investments: publicly traded securities

    beginning of year $99,582,379 · end of year $83,560,282

  • 17 · Accounts payable and accrued expenses

    beginning of year $401,810 · end of year $160,281

  • 18 · Grants payable

    beginning of year $4,926,484 · end of year $3,179,628

  • 19 · Deferred revenue

    beginning of year $3,600,008 · end of year $8,376,287

  • 25 · Other liabilities

    beginning of year $1,419,496 · end of year $2,715,846

  • 27 · Net assets without donor restrictions

    beginning of year $47,032,655 · end of year $34,722,323

  • 28 · Net assets with donor restrictions

    beginning of year $52,469,816 · end of year $48,962,805

Mission and programs · 2022

Mission

CONQUER CANCER FUNDS RESEARCH FOR EVERY TYPE OF CANCER TO BENEFIT EVERY PATIENT, EVERYWHERE. WORKING IN COLLABORATION WITH A GLOBAL NETWORK OF TOP SCIENTISTS AND CLINICIANS, AND LEADING ADVOCACY AND RESEARCH ORGANIZATIONS, CONQUER CANCER DRAWS (CONTINUED IN SCHEDULE O) ON THE PASSION AND EXPERTISE OF THE CANCER PROFESSIONALS WHO ARE MEMBERS OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY (ASCO). CONQUER CANCER WORKS TO HELP CREATE A WORLD WHERE CANCER IS PREVENTED OR CURED AND EVERY SURVIVOR IS HEALTHY.

Activities or mission (Part I)

TO ACCELERATE BREAKTHROUGHS IN LIFESAVING RESEARCH AND EMPOWER PEOPLE EVERYWHERE TO CONQUER CANCER.

  • SEE SCHEDULE O:RESEARCH: RESEARCH IS HOW WE CONQUER CANCER. IT MEANS EVERYTHING, FROM UNDERSTANDING HOW CANCER IMPACTS CERTAIN PEOPLE TO FINDING GROUNDBREAKING NEW WAYS TO TREAT CANCER. THE CONQUER CANCER GRANTS & AWARDS PROGRAM HAS BEEN RECOGNIZING EXCELLENCE IN CLINICAL RESEARCH, QUALITY CARE, AND TEACHING IN THE FIELD OF ONCOLOGY SINCE 1984, WHEN THE PROGRAM ORIGINALLY BEGAN UNDER THE PURVIEW OF ASCO. CONQUER CANCER FUNDS THE ENTIRE SPECTRUM OF RESEARCH ACTIVITIES RELATED TO CANCER PREVENTION, SCREENING, TREATMENT, AND OUTCOMES RESEARCH IN ALL CANCER TYPES, AND SUPPORTS PROGRESS BY FUNDING CANCER RESEARCHERS AT ALL STAGES OF THEIR CAREERS, ENABLING ONCOLOGY'S BEST AND BRIGHTEST TO PURSUE PROMISING RESEARCH. CONQUER CANCER AND ASCO HAVE FUNDED MORE THAN $158 MILLION IN CANCER RESEARCH GRANTS TO OVER 2,600 RECIPIENTS IN 80 COUNTRIES. HIGHLIGHTS OF 2022 RESEARCH ACTIVITIES AND ACCOMPLISHMENTS INCLUDE:RESEARCH PROFESSORSHIP (RP): $500,000 PROVIDED ONE (1) FIVE-YEAR AWARD TO AN OUTSTANDING RESEARCHER WHO HAS MADE, AND IS CONTINUING TO MAKE, SIGNIFICANT CONTRIBUTIONS IN BREAST CANCER RESEARCH AND WILL DEDICATE THEIR TIME IN TRAINING FUTURE BREAST CANCER RESEARCHERS. THIS PROFESSORSHIP IS DESIGNED WITH THE PRIMARY GOAL OF INCREASING DIVERSITY IN THE LEADERSHIP OF THE ONCOLOGY WORKFORCE AND CANCER RESEARCH. *ADVANCED CLINICAL RESEARCH AWARD (ACRA): $900,000 PROVIDED TWO (2) THREE-YEAR AWARDS TO SUPPORT PHYSICIAN-SCIENTISTS COMMITTED TO PERFORMING ORIGINAL, CLINICAL CANCER RESEARCH WITH A PATIENT-ORIENTED FOCUS. BOTH AWARDS SUPPORTED DIVERSITY/INCLUSION, FOCUSING ON BREAST CANCER. *CAREER DEVELOPMENT AWARD (CDA): $4,400,000 PROVIDED TWENTY-TWO (22) THREE-YEAR AWARDS INTENDED TO SUPPORT CLINICAL RESEARCH TO CLINICAL INVESTIGATORS WHO HAVE RECEIVED THEIR INITIAL FACULTY APPOINTMENTS AND ARE ESTABLISHING INDEPENDENT CLINICAL CANCER RESEARCH PROGRAMS. *YOUNG INVESTIGATOR AWARD (YIA): $4,820,000 PROVIDED NINETY-SIX (96) ONE-YEAR AWARDS DESIGNED TO ENCOURAGE AND PROMOTE HIGH-QUALITY RESEARCH IN CLINICAL ONCOLOGY BY PROVIDING FUNDS TO PROMISING INVESTIGATORS DURING THE TRANSITION FROM A FELLOWSHIP PROGRAM TO A FACULTY APPOINTMENT. *GLOBAL ONCOLOGY YOUNG INVESTIGATOR AWARD: $291,500 PROVIDED SIX (6) ONE-YEAR AWARDS TO EARLY-CAREER INVESTIGATORS TO ENCOURAGE AND PROMOTE QUALITY RESEARCH IN GLOBAL ONCOLOGY AND TO DEVELOP THE NEXT GENERATION OF RESEARCHERS TO ADDRESS GLOBAL HEALTH NEEDS.THIS IS A MENTORED AWARD AND THE RESEARCH PROJECT IS CONDUCTED UNDER THE GUIDANCE OF A SCIENTIFIC MENTOR. *INTERNATIONAL INNOVATION GRANT: $94,838 PROVIDED FIVE (5) ONE-YEAR AWARDS IN SUPPORT OF NOVEL AND INNOVATIVE PROJECTS THAT HAVE THE POTENTIAL TO REDUCE THE CANCER BURDEN IN LOCAL COMMUNITIES, WHILE ALSO POTENTIALLY DISCOVERING INTERVENTIONS TRANSFERABLE TO CLINICAL CARE IN OTHER LOW OR MIDDLE RESOURCE COUNTRY SETTINGS.THROUGH ITS EVERYGRANT PROGRAM, CONQUER CANCER UTILIZES ITS EXPERTISE IN GRANTS ADMINISTRATION AND PROGRAM MANAGEMENT TO COLLABORATE WITH OTHER ORGANIZATIONS TO DEVELOP AND DELIVER PROGRAMS THAT MAKE A DIFFERENCE TO CANCER CARE TEAMS AND PATIENTS EVERYWHERE.

    Expenses $17,585,949 · Grants $14,125,671

  • SEE SCHEDULE O:PROFESSIONAL EDUCATION: CONQUER CANCER SUPPORTS THE EFFORTS OF ASCO TO PROVIDE EDUCATION PROGRAMS IN THE US AND INTERNATIONALLY WHICH PROMOTE THE VITAL EXCHANGE OF IDEAS AND LATEST DEVELOPMENTS THAT LEAD TO WORLD-CLASS CARE, EVERYWHERE. FUNDS FROM CONQUER CANCER ARE USED TO SUPPORT ASCO'S SCIENTIFIC AND EDUCATIONAL PROGRAMS THROUGH BOTH MEETINGS AND ELECTRONIC EDUCATION OFFERINGS. HIGHLIGHTS OF THE PROFESSIONAL EDUCATIONAL AND SCIENTIFIC PROGRAMS SUPPORTED BY CONQUER CANCER AND PRESENTED TO THE PUBLIC IN 2022 INCLUDE THE FOLLOWING: * ASCO ANNUAL MEETING: THE ASCO ANNUAL MEETING IS CONSIDERED THE PREMIER EDUCATIONAL AND SCIENTIFIC EVENT IN THE ONCOLOGY COMMUNITY WITH MORE THAN 42,000 PARTICIPANTS WORLDWIDE IN 2022. THE ANNUAL MEETING PROVIDES A FORUM TO JOIN GLOBAL CANCER EXPERTS AND DISCOVER THE LATEST INNOVATIONS IN CANCER RESEARCH AND EDUCATION WHILE ADDRESSING THE NEED FOR EVERY PATIENT TO RECEIVE THE HIGHEST QUALITY CANCER CARE AVAILABLE. *GASTROINTESTINAL CANCERS (GI) SYMPOSIUM: THIS IS THE PREMIER MULTIDISCIPLINARY GI CANCER SCIENTIFIC AND EDUCATIONAL MEETING. THE GI SYMPOSIUM GIVES HEALTHCARE PROVIDERS ACROSS MULTIPLE DISCIPLINES AND PROFESSIONS THE OPPORTUNITY TO RECEIVE CRITICAL UPDATES AND RECOMMENDATIONS TO IMPROVE THE CARE OF PATIENTS WITH GI CANCERS. *GENITOURINARY CANCERS (GU) SYMPOSIUM: THIS IS THE PREEMINENT GENITOURINARY ONCOLOGY EVENT, ADDRESSING THE MULTIDISCIPLINARY NEEDS OF PHYSICIANS AND OTHER MEMBERS OF THE CANCER CARE AND RESEARCH COMMUNITY WHO DIAGNOSE, TREAT, AND STUDY GENITOURINARY MALIGNANCIES. THE GU SYMPOSIUM PROVIDES THE LATEST STRATEGIES IN SCREENING, DIAGNOSIS, TREATMENT, MANAGEMENT AND CONTROVERSIES IN THE FIELD OF GENITOURINARY CANCERS. *QUALITY CARE SYMPOSIUM: THIS IS AN UNPARALLELED OPPORTUNITY TO LEVERAGE THE MOST UP-TO-DATE SCIENCE AND DISCOVER PROVEN STRATEGIES AND TOOLS CRITICAL TO MAKING KEY DECISIONS THAT CAN REDUCE DISPARITIES IN CARE FOR EVERY PATIENT, EVERY DAY, EVERYWHERE. *MERIT AWARDS: 240,000 PROVIDED TWO HUNDRED THIRTY-SIX (236) MERIT AWARDS PROMOTE CLINICAL RESEARCH BY AWARDING YOUNG SCIENTISTS WHOSE RESEARCH IS ADDRESSED IN HIGH QUALITY ABSTRACTS SUBMITTED TO ASCO MEETINGS WITH AN OPPORTUNITY TO PRESENT THEIR RESEARCH AT ASCO SCIENTIFIC MEETINGS AND DISEASE SPECIFIC SYMPOSIA. *MEDICAL STUDENT ROTATION FOR UNDERREPRESENTED POPULATIONS (MSR): $238,000 PROVIDED TWENTY-EIGHT (28) MEDICAL STUDENT ROTATIONS. THE MSR PROVIDES A 4-WEEK CLINICAL OR CLINICAL RESEARCH ROTATION FOR U.S. MEDICAL STUDENTS FROM POPULATIONS UNDERREPRESENTED IN MEDICINE WHO ARE INTERESTED IN PURSUING ONCOLOGY AS A CAREER.

    Expenses $5,744,479 · Grants $5,619,139

  • SEE SCHEDULE O:QUALITY & ACCESS TO CARE: REMARKABLE ADVANCES IN CANCER MEDICINE ARE OCCURRING MORE AND MORE FREQUENTLY, YET THE FULL PROMISE OF SUCH PROGRESS CANNOT BE REALIZED UNTIL HIGH QUALITY CANCER CARE IS AVAILABLE TO EVERYONE. CONQUER CANCER IS KEENLY AWARE OF THE POTENTIALLY FATAL DIVIDE BETWEEN THOSE WITH ACCESS TO THE FRUITS OF RESEARCH AND TIMELY CARE AND THOSE WITHOUT. WE SEEK TO CONFRONT THESE DISPARITIES AND IMPROVE THE OUTLOOK FOR EVERY PERSON TOUCHED BY CANCER BY SUPPORTING PROGRAMS THAT INCREASE ACCESS TO CARE IN ALL COMMUNITIES, INCLUDING THOSE THAT ARE UNDERSERVED.

    Expenses $996,592 · Grants $903,822 · Revenue $363,476

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

Listed in Part VII

  • Clifford A Hudis MD

    EXECUTIVE VICE CHAIR

    Total calculated
    $952,895
    From this org
    $0
    From related orgs
    $930,020
    Other
    $22,875
    Hours/week
    6.5 + 31 related

    Schedule J breakdown matched by us

    Base
    $0 + $928,832 related
    Bonus
    $0
    Other
    $0 + $1,188 related
    Deferred
    $0 + $22,875 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $952,895 related
  • Amy C Peterson MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Alexander W Casdin

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Beal

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard J Boxer MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Riccardo Braglia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Susan L Cohn MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lawrence H Einhorn MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Raj Mantena Rph

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Thomas A Marsland MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert J Mayer MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gerald J McDougall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anne Moore MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • W Charles Penley MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Thomas G Roberts Jr MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steven T Rosen MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alexandra Shapiro

    BOARD MEMBER (PARTIAL YEAR)

    Total calculated
    $0
    Hours/week
    1
  • Sandra Swain MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Margaret A Tempero MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Deanna B Van Gestel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Linda Jensen

    CFO & EXECUTIVE VP

    Total calculated
    $470,785
    From this org
    $0
    From related orgs
    $431,666
    Other
    $39,119
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $419,380 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $2,286 related
    Deferred
    $0 + $22,875 related
    Nontaxable benefits
    $0 + $16,244 related
    Filer's total
    $0 + $470,785 related
  • Nancy Daly Ms MPH

    CEO & EXECUTIVE VP

    Total calculated
    $516,841
    From this org
    $0
    From related orgs
    $477,749
    Other
    $39,092
    Hours/week
    36.5 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $466,561 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $1,188 related
    Deferred
    $0 + $22,875 related
    Nontaxable benefits
    $0 + $16,217 related
    Filer's total
    $0 + $516,841 related

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS ESTABLISHED BY A RELATED ORGANIZATION, THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY, INC. (ASCO). THE METHODS USED BY ASCO TO DETERMINE COMPENSATION ARE: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; FORMS 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT; COMPENSATION STUDY OR SURVEY; AND APPROVAL BY BOARD OR COMPENSATION COMMITTEE.

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

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • AMERICAN SOCIETY OF CLINICAL ONCOLOGY

    501(C)(3) · EDUCATION · NY

  • ASCO ASSOCIATION

    501(C)(6) · MEMBER SERVICES · VA

    Directly controlled by ASCO

  • ASCO ASSOCIATION PAC

    527 · PAC · VA

    Directly controlled by ASCO ASSOCIATION

Provenance

Return type
form_990
Tax year
2022
Filed
26 September 2023
IRS schema version
2022v5.0
Source object
202332719349301118

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