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← CHANCE FOR HOPE FOUNDATION

Form 990 for tax year 2022

Filed by CHANCE FOR HOPE FOUNDATION.

Totals

Total revenue
$365,652
Total expenses
$323,118
Contributions and grants received
$342,158
Grants paid
$283,811
Program service revenue
$0
Investment income
$2,608
Other revenue
$20,886
Total assets, end of year
$717,839
Total liabilities, end of year
$25,168
Net assets or fund balances, end of year
$692,671
Program services expenses (Part IX)
$299,480
Management and general expenses
$12,246
Fundraising expenses
$11,392
Program service expenses (Part III)
$299,480

Program services were 92.7% 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.

  • 1c · Fundraising events

    $114,277

  • 1f · All other contributions, gifts and grants

    $227,881

  • 1g · Noncash contributions included above

    $15,310

  • 3 · Investment income

    total $2,608 · excluded $2,608

  • 8a · Fundraising events: gross income

    $118,252

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

    $114,277

  • 8b · Fundraising events: direct expenses

    $113,835

  • 8c · Net income from fundraising events

    total $4,417 · excluded $4,417

  • 9a · Gaming: gross income

    $17,833

  • 9b · Gaming: direct expenses

    $1,364

  • 9c · Net income from gaming

    total $16,469 · excluded $16,469

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $75,000 · program services $75,000

  • 2 · Grants to domestic individuals

    total $208,811 · program services $208,811

  • 11g · Fees: other

    total $8,334 · management and general $8,334

  • 13 · Office expenses

    total $29,712 · program services $14,559 · management and general $3,862 · fundraising $11,291

  • 23 · Insurance

    total $1,261 · program services $1,110 · management and general $50 · fundraising $101

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $318,985 · end of year $219,216

  • 4 · Accounts receivable

    beginning of year $2,500 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $15,526

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

    $4,277

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

    $4,277

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $340,083 · end of year $483,097

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,836 · end of year $13,668

  • 19 · Deferred revenue

    beginning of year $0 · end of year $11,500

  • 27 · Net assets without donor restrictions

    beginning of year $659,732 · end of year $692,671

Mission and programs · 2022

Mission

THE MISSION OF THE CHANCE FOR HOPE FOUNDATION IS TO PROVIDE SUPPORT SERVICES FOR CHILDREN WITH CANCER AND THEIR FAMILIES, FUNDING FOR PEDIATRIC CANCER RESEARCH AND TREATMENT, AND EDUCATIONAL RESOURCES TO THE GENERAL PUBLIC REGARDING PEDIATRIC CANCER.

Activities or mission (Part I)

PROVIDE SUPPORTING SERVICES FOR CHILDREN WITH CANCER, AND THE FAMILIES OF THOSE CHILDREN.

  • THE CHANCE FOR HOPE FOUNDATION SIGNED ITS FIRST APARTMENT LEASE IN NOVEMBER 2014 AND NOW HAS MULTIPLE RESIDENCES PROVIDING OVER 1,800 NIGHTS OF FREE LODGING ANNUALLY. THE CHANCE FOR HOPE RESIDENCES ARE FULLY FURNISHED ONE-BEDROOM APARTMENTS IN THE TEXAS MEDICAL CENTER, PROVIDED AT NO COST TO FAMILIES TRAVELING TO HOUSTON FOR PEDIATRIC CANCER TREATMENTS. THE RESIDENCES ARE PROVIDED ON A FIRST COME, FIRST SERVE BASIS, AND OFFER A SHUTTLE SERVICE THAT PROVIDES QUICK ACCESS TO TEXAS CHILDREN'S HOSPITAL AND THE UNIVERSITY OF TEXAS MD ANDERSON CHILDREN'S CANCER HOSPITAL AND PROTON THERAPY CENTER. IN 2022, THIS PROGRAM SERVED 33 FAMILIES.

    Expenses $180,237 · Grants $166,962

  • DESPITE THE TRAGEDY OF CHILDREN LOST TO CANCER, CHILDHOOD CANCERS OF ALL TYPES RECEIVE ONLY 4% OF U.S. FEDERAL FUNDING FOR CANCER RESEARCH. THIS DISPARITY IS SIGNIFICANT BECAUSE CHILDHOOD CANCERS ARE NOT THE SAME AS ADULT CANCERS, AND THEREFORE TREATMENT PROTOCOLS AND THERAPIES ARE NOT INTERCHANGEABLE. IN 2015, THE CHANCE FOR HOPE FOUNDATION COMMENCED ITS RESEARCH ENDEAVORS, WITH THE GOAL OF REDUCING THIS MAJOR FUNDING GAP. AS PART OF THIS EFFORT, THE FOUNDATION FUNDS AND MONITORS RESEARCH INITIATIVES DESIGNED TO IMPROVE TREATMENT PROTOCOLS AND ULTIMATELY TO FIND A CURE FOR CHILDHOOD CANCER, WITH A FOCUS ON CANCER OF THE BRAIN AND CENTRAL NERVOUS SYSTEM, WHICH IS NOW THE DEADLIEST FORM OF CANCER IN CHILDREN AND COMPRISES 18% OF ALL PEDIATRIC CANCER DIAGNOSES. WE UNDERSTAND THAT THE CHALLENGE OF FINDING A CURE FOR CHILDHOOD CANCER IS SIGNIFICANT, AND THAT RESEARCH FUNDING NEEDS ARE GREAT, BUT THE FUNDS WE RAISE TOGETHER, ALONG WITH EFFORTS OF CHILDHOOD CANCER ORGANIZATIONS ACROSS THE GLOBE, CAN AND WILL MAKE A DIFFERENCE. TO EASE THE FINANCIAL BURDEN CARRIED BY MOST FAMILIES OF PEDIATRIC CANCER, THE FOUNDATION CONDUCTS AN ANNUAL GIFT CARD DRIVE FOR CHILDREN IN TREATMENT TO PURCHASE BACK TO SCHOOL SUPPLIES.

    Expenses $75,000 · Grants $75,000

  • THE FOUNDATION PROVIDES MEAL DELIVERIES TO FAMILIES AT TEXAS CHILDREN'S HOSPITAL AND MD ANDERSON TWICE MONTHLY. WHEN CHILDREN ARE UNDERGOING IN-PATIENT CANCER TREATMENT, OFTEN ONE PARENT MUST REMAIN EMPLOYED WHILE THE OTHER PARENT SUPPORTS THEIR CHILD AS PRIMARY CAREGIVER PROVIDING AROUND-THE-CLOCK CARE FOR THEIR CHILDREN. THIS MAKES IT DIFFICULT FOR THE PARENT TO LEAVE THE HOSPITAL FLOOR TO GET FOOD. SELF-CARE OF THE CAREGIVER IS CRITICAL DURING THIS EXTREMELY STRESSFUL TIME. IN 2022, THIS PROGRAM SERVED 4,638 INDIVIDUALS. AT THE END OF 2021 THE FOUNDATION ADDED THE SNACK CART PROGRAM. THIS PROGRAM SERVES CHILDREN UNDERGOING OUTPATIENT CANCER TREATMENT AT TEXAS CHILDREN'S CANCER CLINIC, AND THE MD ANDERSON CHILDREN'S CANCER CLINIC AND PROTON THERAPY CENTER. THE SNACK CART WILL PROVIDE REFRESHMENTS FOR KIDS DURING CHALLENGING AND SOMETIMES LENGTHY CHEMOTHERAPY, RADIATION, BLOOD TRANSFUSIONS AND OTHER OUTPATIENT MEDICAL TREATMENTS. THIS CART GETS REPLENISHED MONTHLY WITH A LARGE ASSORTMENT OF SNACKS. IN 2022 THE SNACK CART SERVED OVER 14,000 INDIVIDUALS.

    Expenses $44,243 · Grants $41,849

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

Listed in Part VII

  • Andrea Davidson

    PRESIDENT AND TREASURER

    Total calculated
    $0
    Hours/week
    30
  • Scott Davidson

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Natalie Aloia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joe Davidson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kadisha Davidson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Keely Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
27 March 2023
IRS schema version
2022v5.0
Source object
202330869349300618

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

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