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Nonprofiteer
← CANCER FOUNDATION OF SANTA BARBARA

Form 990 for tax year 2023

Filed by CANCER FOUNDATION OF SANTA BARBARA.

Totals

Total revenue
$17,278,466
Total expenses
$7,481,036
Contributions and grants received
$4,904,666
Grants paid
$3,700,404
Program service revenue
$1,409
Investment income
$11,183,598
Other revenue
$1,188,793
Total assets, end of year
$150,978,145
Total liabilities, end of year
$1,319,318
Net assets or fund balances, end of year
$149,658,827
Program services expenses (Part IX)
$6,139,888
Management and general expenses
$814,885
Fundraising expenses
$526,263
Program service expenses (Part III)
$6,139,888

Program services were 82.1% 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

    $4,904,666

  • 1g · Noncash contributions included above

    $118,453

  • 2a · Program service revenue: OTHER OPERATING REVENUE

    total $1,409 · related or exempt $1,409

  • 3 · Investment income

    total $1,734,273 · related or exempt $1,734,273

  • 6a · Gross rents

    real property $1,191,524

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,191,524

  • 6d · Net rental income or loss

    total $1,191,524 · related or exempt $1,191,524

  • 7a · Gross sales of assets other than inventory

    securities $126,421,937

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

    securities $116,972,612

  • 7c · Gain or loss

    securities $9,449,325

  • 7d · Net gain or loss

    total $9,449,325 · related or exempt $9,449,325

  • 8b · Fundraising events: direct expenses

    $2,731

  • 8c · Net income from fundraising events

    total -$2,731 · excluded -$2,731

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,700,404 · program services $3,700,404

  • 5 · Compensation of officers, directors and key employees

    total $382,560 · program services $40,705 · management and general $113,269 · fundraising $228,586

  • 7 · Other salaries and wages

    total $83,597 · program services $21,770 · management and general $36,376 · fundraising $25,451

  • 8 · Pension plan contributions

    total $23,215 · management and general $23,215

  • 9 · Other employee benefits

    total $76,853 · management and general $76,853

  • 10 · Payroll taxes

    total $31,813 · program services $3,684 · management and general $9,915 · fundraising $18,214

  • 11b · Fees: legal

    total $108,418 · management and general $108,418

  • 11c · Fees: accounting

    total $119,427 · program services $5,946 · management and general $53,720 · fundraising $59,761

  • 11f · Fees: investment management

    total $216,333 · management and general $216,333

  • 11g · Fees: other

    total $142,509 · management and general $60,987 · fundraising $81,522

  • 13 · Office expenses

    total $3,007 · management and general $3,004 · fundraising $3

  • 16 · Occupancy

    total $14,292 · program services $14,292

  • 17 · Travel

    total $865 · management and general $751 · fundraising $114

  • 22 · Depreciation, depletion and amortization

    total $2,370,496 · program services $2,352,705 · management and general $17,791

  • 23 · Insurance

    total $63,565 · management and general $63,565

  • 24a · Other expenses: EVENTS

    total $53,075 · management and general $8,236 · fundraising $44,839

  • 24b · Other expenses: PRINTING & PUBLICATIONS

    total $32,406 · management and general $5,004 · fundraising $27,402

  • 24c · Other expenses: MISC EXPENSES

    total $20,615 · program services $1 · management and general $4,519 · fundraising $16,095

  • 24d · Other expenses: EQUIPMENT RENTAL AND MA

    total $14,378 · program services $381 · management and general $12,574 · fundraising $1,423

  • 24e · All other expenses

    total $23,208 · management and general $355 · fundraising $22,853

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,835,415 · end of year $1,309,585

  • 2 · Savings and temporary cash investments

    beginning of year $1,864,467 · end of year $450,972

  • 3 · Pledges and grants receivable

    beginning of year $18,042,773 · end of year $14,472,949

  • 4 · Accounts receivable

    beginning of year $992,911 · end of year $5,803

  • 7 · Other notes and loans receivable

    beginning of year $600,000 · end of year $900,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $75,591 · end of year $407,287

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

    $76,557,205

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

    $17,334,918

  • 10c · Land, buildings and equipment, net

    beginning of year $58,514,096 · end of year $59,222,287

  • 11 · Investments: publicly traded securities

    beginning of year $52,208,116 · end of year $60,145,408

  • 12 · Investments: other securities

    beginning of year $3,731,172 · end of year $8,715,916

  • 15 · Other assets

    beginning of year $5,263,451 · end of year $5,347,938

  • 17 · Accounts payable and accrued expenses

    beginning of year $407,762 · end of year $1,319,295

  • 19 · Deferred revenue

    beginning of year $85,149

  • 25 · Other liabilities

    beginning of year $24 · end of year $23

  • 27 · Net assets without donor restrictions

    beginning of year $104,425,639 · end of year $112,448,339

  • 28 · Net assets with donor restrictions

    beginning of year $38,209,418 · end of year $37,210,488

Mission and programs · 2023

Mission

THE CANCER FOUNDATION IS THE LEADING SPONSOR AND LARGEST DONOR TO THE RIDLEY-TREE CANCER CENTER AT SANSUM CLINIC, THE LARGEST PROVIDER OF CANCER CARE ON THE CENTRAL COAST. EACH YEAR, THE FOUNDATION COMMITS A MINIMUM OF 85% (UP TO 100%) OF THE PROCEEDS FROM THE FOUNDATION'S ENDOWMENT AND FUNDRAISING EFFORTS TO SUPPORT CANCER DIAGNOSIS, TREATMENT, RESEARCH, TECHNOLOGY, AND SUPPORT PROGRAMS IN OUR RIDLEY-TREE CANCER CENTER. THE REMAINING 15% MAY BE USED TO SUPPORT OTHER CANCER RELATED PROGRAMS IN SANTA BARBARA COUNTY. HISTORICALLY, THESE HAVE INCLUDED ONCOLOGY BENCHMARK RESEARCH AT UCSB, PEDIATRIC CANCER CARE, AND NAVIGATORS AT COTTAGE HEALTH SYSTEM. ALL OF FOUNDATION PROCEEDS MUST BE USED TO SUPPORT CANCER CARE IN THE COMMUNITY.

Activities or mission (Part I)

TO BE A NON-PROFIT FUNDRAISING AND GRANT MAKING ORGANIZATION DEDICATED TO CANCER CARE IN SANTA BARBARA COUNTY.THE ORGANIZATION IS FOCUSED ON FUNDRAISING AND PROVIDING GRANTS TO THE RIDLEY-TREE CANCER CENTER AT SANSUM CLINIC.

  • TO ENSURE SANTA BARBARA REMAINS IN THE VANGUARD OF CANCER CARE, THE CANCER FOUNDATION RAISES AND DISTRIBUTES MILLIONS OF DOLLARS EACH YEAR TO THE RIDLEY-TREE CANCER CENTER AT SANSUM CLINIC, ALLOWING THE CENTER TO DELIVER A HIGHER LEVEL OF CARE THAN WOULD OTHERWISE BE POSSIBLE IN A COMMUNITY OF OUR SIZE, ON PAR WITH SOME OF THE MOST RENOWNED CANCER CENTERS IN THE US.

    Expenses $6,139,888 · Grants $3,700,404 · Revenue $12,376,531

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kristen Blabey

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Patty MacFarlane

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Larry Dam

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • William Meeker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Richard Nagler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Carola Nicholson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Charles Petersen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • George Tharakan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Katina Zaninovich

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • W Charles Conway MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Denise Montell PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Steve McHugh

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Richard Nordlund

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Rick Weber

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Raye Haskell-Melville

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Lori Willis

    EXECUTIVE DIRECTOR

    Total calculated
    $258,483
    From this org
    $226,244
    From related orgs
    $0
    Other
    $32,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,244
    Bonus
    $20,000
    Other
    $0
    Deferred
    $12,678
    Nontaxable benefits
    $19,561
    Filer's total
    $258,483

  • Stephanie Carlyle

    DIRECTOR OF PHILANTHROPY

    Total calculated
    $206,018
    From this org
    $156,316
    From related orgs
    $0
    Other
    $49,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,316
    Bonus
    $20,000
    Other
    $0
    Deferred
    $8,650
    Nontaxable benefits
    $41,052
    Filer's total
    $206,018

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

  • 3 · Approval by the board or compensation committee

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443209349316414

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