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Nonprofiteer
← PABLOVE FOUNDATION INC

Form 990 for tax year 2022

Filed by PABLOVE FOUNDATION INC.

Totals

Total revenue
$744,236
Total expenses
$1,515,966
Contributions and grants received
$706,201
Grants paid
$112,500
Program service revenue
$0
Investment income
$34,741
Other revenue
$3,294
Total assets, end of year
$1,877,983
Total liabilities, end of year
$144,923
Net assets or fund balances, end of year
$1,733,060
Program services expenses (Part IX)
$925,284
Management and general expenses
$322,096
Fundraising expenses
$268,586
Program service expenses (Part III)
$925,284

Program services were 61.0% 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.

  • 1c · Fundraising events

    -$26,606

  • 1e · Government grants (contributions)

    $69,098

  • 1f · All other contributions, gifts and grants

    $663,709

  • 1g · Noncash contributions included above

    $946

  • 3 · Investment income

    total $34,170 · excluded $34,170

  • 7a · Gross sales of assets other than inventory

    securities $589,728

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

    securities $589,157

  • 7c · Gain or loss

    securities $571

  • 7d · Net gain or loss

    total $571 · excluded $571

  • 8a · Fundraising events: gross income

    $292,259

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

    -$26,606

  • 8b · Fundraising events: direct expenses

    $292,259

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $3,263

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $3,263 · related or exempt $3,263

  • 11a · Other revenue: OTHER INCOME

    total $31 · excluded $31

  • 11e · Other revenue, total

    $31

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $60,000 · program services $60,000

  • 3 · Grants to foreign organizations and individuals

    total $52,500 · program services $52,500

  • 5 · Compensation of officers, directors and key employees

    total $167,071 · program services $120,290 · management and general $5,013 · fundraising $41,768

  • 7 · Other salaries and wages

    total $575,018 · program services $414,012 · management and general $17,251 · fundraising $143,755

  • 8 · Pension plan contributions

    total $2,024 · program services $1,458 · management and general $60 · fundraising $506

  • 9 · Other employee benefits

    total $38,989 · program services $28,072 · management and general $1,170 · fundraising $9,747

  • 10 · Payroll taxes

    total $60,796 · program services $43,773 · management and general $1,824 · fundraising $15,199

  • 11c · Fees: accounting

    total $77,092 · management and general $77,092

  • 11f · Fees: investment management

    total $11,228 · management and general $11,228

  • 11g · Fees: other

    total $185,176 · program services $39,865 · management and general $140,875 · fundraising $4,436

  • 12 · Advertising and promotion

    total $11,000 · program services $7,920 · management and general $330 · fundraising $2,750

  • 13 · Office expenses

    total $49,651 · program services $20,662 · management and general $11,794 · fundraising $17,195

  • 14 · Information technology

    total $10,795 · program services $7,772 · management and general $324 · fundraising $2,699

  • 16 · Occupancy

    total $56,558 · program services $39,107 · management and general $5,259 · fundraising $12,192

  • 17 · Travel

    total $37,931 · program services $27,309 · management and general $5,975 · fundraising $4,647

  • 22 · Depreciation, depletion and amortization

    total $1,555 · management and general $1,555

  • 23 · Insurance

    total $24,462 · program services $17,612 · management and general $734 · fundraising $6,116

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $55,044 · program services $10,371 · management and general $37,906 · fundraising $6,767

  • 24b · Other expenses: SUPPLIES AND EQUIPMENT

    total $39,076 · program services $34,561 · management and general $3,706 · fundraising $809

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $757,445 · end of year $332,049

  • 2 · Savings and temporary cash investments

    beginning of year $54,938 · end of year $12,614

  • 3 · Pledges and grants receivable

    beginning of year $182,712 · end of year $114,989

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,039

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

    $83,693

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

    $68,466

  • 10c · Land, buildings and equipment, net

    beginning of year $7,450 · end of year $15,227

  • 11 · Investments: publicly traded securities

    beginning of year $1,819,677 · end of year $1,310,883

  • 15 · Other assets

    beginning of year $12,505 · end of year $92,221

  • 17 · Accounts payable and accrued expenses

    beginning of year $78,027 · end of year $54,760

  • 25 · Other liabilities

    beginning of year $0 · end of year $90,163

  • 27 · Net assets without donor restrictions

    beginning of year $2,445,494 · end of year $1,425,244

  • 28 · Net assets with donor restrictions

    beginning of year $315,245 · end of year $307,816

Mission and programs · 2022

Mission

THE MISSION OF THE PABLOVE FOUNDATION IS TO INVEST IN UNDERFUNDED, CUTTING-EDGE PEDIATRIC CANCER RESEARCH, AND TO IMPROVE THE LIVES OF CHILDREN LIVING WITH CANCER THROUGH THE ARTS.

Activities or mission (Part I)

INVEST IN CUTTING EDGE PEDIATRIC CANCER RESEARCH; IMPROVE LIVES FOR CHILDREN LIVING WITH CANCER THROUGH PHOTOGRAPHY.

  • PABLOVE SHUTTERBUGS IS A PARTICIPATORY HEALING ARTS EDUCATION PROGRAM THAT TEACHES CHILDREN LIVING WITH CANCER TO DEVELOP THEIR CREATIVE VOICE THROUGH THE ART OF PHOTOGRAPHY. PABLOVE OFFERS A PHOTOGRAPHY CURRICULUM FOR CHILDREN AND TEENS LIVING WITH CANCER THAT INCLUDES AN ALL-COST-PAID INTRODUCTORY CLASS, SUMMER CAMP, AND AN ADVANCED CLASS, WHERE STUDENTS LEARN TO WORK WITH PHOTOGRAPHY AS A MEANS TO ADVOCATE FOR CANCER RESEARCH AND EXPLORE THEIR IDENTITY WHILE LIVING WITH PEDIATRIC CANCER. PABLOVE HAS BEEN ABLE TO GATHER REMARKABLE RESOURCES TO SUPPORT THIS MISSION BY PARTNERING WITH ART INSTITUTIONS SUCH AS THE MUSEUM OF MODERN ART (MOMA) IN NEW YORK CITY, THE HUNTINGTON LIBRARY, ART MUSEUM AND BOTANICAL GARDENS IN LOS ANGELES, AND SAWYER YARDS IN HOUSTON. OUR STUDENTS FIND RESPITE FROM THE DIFFICULT ROUTINE OF TREATMENT WHILE THEY FOCUS ON A FUN NEW ACTIVITY: LEARNING ABOUT PHOTOGRAPHY. EVERY PABLOVE SHUTTERBUGS COURSE CULMINATES IN A GRADUATION AND YEARLY STUDENT GALLERY SHOWS TO CELEBRATE OUR YOUNG PHOTOGRAPHERS - WITH SOME IN-PERSON AND SOME VIRTUAL COURSES IN 2022. PRINT SALES AT PABLOVE'S GALLERY SHOWS DIRECTLY SUPPORT THE POWERED BY PABLOVE RESEARCH GRANTS PROGRAM. 2022 PROGRAM SUCCESSES STAND ON THE SHOULDERS OF THE FOUNDATION'S 2020 PIVOT TO VIRTUAL COURSES. BEYOND THE MAIN PROGRAM CENTERS IN LOS ANGELES, THE BAY AREA, SEATTLE, NEW ENGLAND, NEW YORK, LOUISIANA, AND HOUSTON, PABLOVE IS SERVING KIDS IN 27 STATES NATIONWIDE - INCLUDING A STEADILY GROWING NUMBER OF STUDENTS WHO PARTICIPATE DIRECTLY FROM THEIR HOSPITAL ROOM. FOR THE FIRST TIME SINCE THE PANDEMIC, THE PABLOVE FOUNDATION INVITED SHUTTERBUGS ALUMNI FROM ACROSS THE NATION TO JOIN THE IN-PERSON PABLOVE SHUTTERBUGS SUMMER CAMP IN BEAUTIFUL ARROWHEAD, CA, WHERE MEMORIES AND FRIENDSHIPS WERE MADE TO FIGHT CHILDHOOD CANCER WITH LOVE. IN TOTAL, PABLOVE ENROLLED 215 KIDS IN 13 IN-PERSON AND VIRTUAL CLASSES IN 2022.IT IS EASY TO SEE THE JOY THAT OUR PROGRAMS BRING TO OUR PABLOVE KIDS. MOREOVER, WE ARE COMMITTED TO MAKING A REAL DIFFERENCE IN THE QUALITY OF LIFE (QOL) OF OUR KIDS. WE CONTINUED DATA COLLECTION FOR A COMPREHENSIVE SCIENTIFIC EVALUATION INITIATIVE. BY ADOPTING A WIDELY APPLIED AND VALIDATED QOL ASSESSMENT WE FOUND THAT BY THE END OF THE SHUTTERBUGS PROGRAM, SCORES FOR BOTH THE YOUNGER CHILDREN AND TEENS, SHOWED STATISTICALLY SIGNIFICANT GAINS IN QUALITY OF LIFE. THIS IS A PROFOUNDLY IMPORTANT VALIDATION OF THE POSITIVE EFFECT THAT OUR SHUTTERBUGS ACTIVITIES HAVE FOR THE KIDS WE SERVE, AND PABLOVE WILL CONTINUE TO MONITOR AND EVALUATE THE QOL AND OTHER LEARNING IMPACTS OF OUR COURSES TO CONTINUOUSLY IMPROVE AND OPTIMIZE OUR PROGRAMS TO FURTHER INCREASE BENEFITS.

    Expenses $567,893 · Revenue $3,263

  • PABLOVE'S POWERED BY PABLOVE CHILDHOOD CANCER RESEARCH GRANTS PROGRAM IS FOCUSED ON AWARDING $50,000 SEED GRANTS TO PROMISING, EARLY-CAREER INVESTIGATORS, ENABLING THEM TO DISCOVER AND APPLY NOVEL APPROACHES TO UNDERSTANDING CHILDHOOD CANCER, WIDELY DISTRIBUTE THEIR FINDINGS AND GAIN SUBSTANTIALLY GREATER FUNDING FOR LARGER, MORE INTENSE RESEARCH PROJECTS AND PROGRAMS. THIS STRATEGY HAS BEEN REMARKABLY SUCCESSFUL IN PROVIDING A FOUNDATION FOR EXCEPTIONALLY VALUABLE SCIENTIFIC BREAKTHROUGHS IN BOTH SCIENTIFIC AND CLINICAL KNOWLEDGE. PABLOVE'S DREAM IS TO ENSURE THAT NO BRILLIANT, PROMISING SCIENTIST GOES UNFUNDED IN THE INITIAL PHASE OF RESEARCH NEEDED TO ADVANCE FROM BENCH TO BEDSIDE. CHILDREN EVERYWHERE ARE IN NEED AND ARE WAITING FOR THE INNOVATIVE TREATMENT OPTIONS AND CURES THEIR RESEARCH PROVIDES. IN 2022, PABLOVE AWARDED THREE (3) POWERED BY PABLOVE SEED GRANTS, AND CONTINUED SPONSORSHIP OF FOUR (4) ONGOING PROJECTS WITH INVESTIGATORS ACROSS THE GLOBE. PABLOVE'S RESEARCH IS CONDUCTED IN PRESTIGIOUS INSTITUTIONS INCLUDING THE HOSPITAL FOR SICK CHILDREN IN TORONTO, CANADA, THE UNIVERSITY OF TEXAS, SOUTHWEST DALLAS, TEXAS, THE FUNCTIONAL ELECTRICAL STIMULATION INSTITUTE IN CLEVELAND OHIO TO NAME JUST A FEW. EACH PROJECT IS FOCUSED ON A DIFFERENT RARE PEDIATRIC CANCER, INCLUDING OPSOCLONUS MYOCLONUS SYNDROME, PEDIATRIC BRAIN TUMORS, WILMS TUMOR, AND ACUTE MYELOID LEUKEMIA. PABLOVE STRONGLY BELIEVES IN THE NEED TO SUPPORT THESE CUTTING-EDGE INITIATIVES TO REVEAL STUNNING NEW PATHWAYS TOWARD BETTER TREATMENTS AND ULTIMATELY CURES FOR THESE CHALLENGING, OFTEN DEVASTATING, PEDIATRIC CANCERS. PEDIATRIC CANCER RESEARCH CONTINUES TO BE AN UNDERSERVED NEED AND WE ARE HERE TO DO OUR PART TO MAKE A DIFFERENCE. INVESTMENTS TO FIND MORE TREATMENTS AND TO REDUCE SIDE EFFECTS MUST BE FOUND TO PROTECT THE FUTURE OF THESE PRECIOUS KIDS.

    Expenses $357,391 · Grants $112,500

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

Listed in Part VII

  • Tom Kattus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Courtney Horvath PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katherine Quick Rosa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Komal Sheth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Charlotte Rolfs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paul Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tina Schwartz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Blair Herter

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    2
  • Kerstin Lynam

    CEO

    Total calculated
    $167,070
    From this org
    $165,000
    From related orgs
    $0
    Other
    $2,070
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $165,000
    Bonus
    $0
    Other
    $0
    Deferred
    $1,650
    Nontaxable benefits
    $420
    Filer's total
    $167,070
  • Jeffrey S Dome MD PhD

    BOARD MEMBER

    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

  • 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
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303149349304975

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