Form 990 for tax year 2022

Totals

Total revenue

$2,865,725

Total expenses

$3,160,741

Contributions and grants received

$3,022,740

Grants paid

$902,500

Program service revenue

$0

Investment income

$56,004

Other revenue

-$213,019

Total assets, end of year

$4,621,629

Total liabilities, end of year

$2,941,048

Net assets or fund balances, end of year

$1,680,581

Program services expenses (Part IX)

$2,237,998

Management and general expenses

$309,445

Fundraising expenses

$613,298

Program service expenses (Part III)

$2,237,998

Program services were 70.8% 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.

Mission and programs · 2022

• IN 2022, TOWER FUNDED ONE NEW SENIOR INVESTIGATOR SCIENTIFIC RESEARCH GRANT TO AN ESTEEMED RESEARCHER AT CITY OF HOPE RESEARCHING A NOVEL APPROACH TO ELICIT ANTI-TUMOR IMMUNITY AGAINST ACUTE MYELOID LEUKEMIA, A DISEASE THAT PATIENTS OFTEN EXPERIENCE POOR OUTCOMES. TOWER ALSO FUNDED TWO NEW CAREER DEVELOPMENT SCIENTIFIC RESEARCH GRANTS FOR TWO PROMISING YOUNG PHYSICIAN SCIENTISTS LOCATED AT UCSD. RESEARCH AREAS FOCUS ON INNOVATIVE THERAPIES THAT MAY REVEAL A NEW PARADIGM FOR HOW (SOLID) TUMORS ACQUIRE RESISTANCE TO THERAPY AND A NEW THERAPEUTIC STRATEGY TO TREAT DRUG RESISTANT CLL AND RELATED BLOOD CANCERS. IN ADDITION, TOWER CONTINUED FUNDING MULTI-YEAR SENIOR INVESTIGATOR GRANTS. TOTAL SCIENTIFIC GRANT EXPENDITURES IN 2022 TOPPED $1,100,000. INVESTING IN NOVEL IDEAS OF YOUNG INVESTIGATORS AND EXPERIENCED SENIOR INVESTIGATORS ALLOWS US TO LEVERAGE OUR DONOR DOLLARS TO HAVE MAXIMUM IMPACT. IN 2022 ALONE, TCRF RESEARCHERS REPORTED NEARLY $10M IN FOL-LOW-ON FUNDING, DOZENS OF GRANTS AND ACADEMIC AWARDS, TWO GROUNDBREAKING SCIENTIFIC DISCOVERIES, AND SO MUCH MORE.OUR CLINICALLY-GROUNDED SURVIVORSHIP SUPPORT PROGRAMS, HOSTED BY MAGNOLIA HOUSE, ALIGN WITH THE CHALLENG-ES FACED BY PATIENTS, SURVIVORS, AND THE WHOLE CANCER COMMUNITY. WE PROVIDE INTEGRATIVE HEALTH AND WELL-NESS SUPPORT AND EDUCATION, THROUGH FREE FITNESS, THERAPEUTIC, AND HOLISTIC CLASSES, THAT EMPOWERPEOPLE TO DEVELOP A PHYSICAL AND EMOTIONAL TOOLKIT TO MEET THE CHALLENGES OF CANCER FROM DIAGNOSIS TO SURVIVORSHIP. IN 2022, TOWER INVESTED OVER $500,000 IN SURVIVORSHIP PROGRAMS. IN 2013, MAGNOLIA HOUSE SURVIVORSHIP SUPPORT PROGRAM OFFERED 20 CLASSES AND HAD 500 VISITS IN THE FIRST YEAR. IN 2022, MAGNOLIA HOUSE OFFERED OVER 1500 CLASSES/SERVICES AND RECEIVED OVER 20,000 PARTICIPANT VISITS. IN RESPONSE TO COVID19, WE CONTINUED OFFERING CLASSES ONLINE VIA ZOOM WHICH HAS EXPANDED THE DEMOGRAPHICS IN WHICH WE SERVICE AND ENABLED US TO INCREASE OUR CLASS CAPACITIES. EVEN WITH AN INCREASE IN CLASS CAPACITIES, MANY OF OUR CLASSES HAD A WAIT LIST WHICH HIGHLIGHTS BOTH THE QUALITY IN THE PROGRAMS WE OFFER AND THE VOID THAT EXISTS, ESPECIALLY WITH THE ISOLATION MANY CANCER PATIENTS CONTINUE TO EXPERIENCE DUE TO COVID19. PARTICI-PANTS VIEW MAGNOLIA HOUSE SURVIVORSHIP SUPPORT PROGRAM AS A LIFELINE THAT PROVIDES NOT ONLY ENHANCED QUALITY OF LIFE BUT A COMMUNITY OF FRIENDSHIP, ENCOURAGEMENT, AND COMFORT AS WELL. ONE EXAMPLE THAT RE-FLECTS THE IMPACT OF MAGNOLIA HOUSE IS RECEIVING MULTIPLE DONATIONS FROM ONE GRATEFUL MAGNOLIA HOUSE PARTICIPANT THAT HAS TOTALED OVER $100,000 IN SUPPORT OF MAGNOLIA HOUSE. IT IS ONE OF THE LARGEST GIFTS FROM A MAGNOLIA HOUSE PARTICIPANT SINCE ITS INCEPTION. TOWER'S COMMUNITY PARTNERSHIP GRANT REVIEW COMMITTEE IS COMPOSED OF EXPERT VOLUNTEERS WHO REVIEW APPLICATIONS IN DEPTH AND THEN MEET TO DISCUSS GRANT APPLICATIONS FROM CANCER SUPPORT ORGANIZATIONS ACROSS SOUTHERN CALIFORNIA. IN 2022, WE FUNDED OVER $200,000 IN COMMUNITY PARTNER GRANTS AND CONTINUED TO RE-FINE OUR REVIEW PROCESS TO NOT ONLY INCLUDE IMPROVED METHODS OF REVIEWING, BUT ALSO REVISED THE ELIGIBILITY CRITERIA TO REFLECT A MORE TARGETED FOCUS ON FUNDING ORGANIZATIONS THAT SUPPORT UNDERSERVED AND UNDER RE-SOURCED COMMUNITIES ALLOWING US TO EXTEND OUR SUPPORT TO THOSE MOST IN NEED OF CARE.

  Expenses $2,237,998 · Grants $902,500

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

Listed in Part VII

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

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

• CITY OF HOPE

  $500,000

  RESEARCH GRANT

• THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO

  $200,000

  RESEARCH GRANT

• WOMEN OF COLOR BREAST CANCER SURVIVORS' SUPPORT PROJECT

  $47,500

  COMMUNITY OUTREACH

• PROJECT ANGEL FOOD

  $30,000

  COMMUNITY OUTREACH

• OUR HOUSE

  $25,000

  COMMUNITY OUTREACH

• BREAST CANCER ANGELS

  $20,000

  COMMUNITY OUTREACH

• VIETNAMESE AMERICAN CANCER FOUNDATION

  $20,000

  COMMUNITY OUTREACH

• BUMBLE BEE FOUNDATION

  $15,000

  COMMUNITY OUTREACH

• CANCER KINSHIP

  $15,000

  COMMUNITY OUTREACH

• DISABILITY RIGHTS LEGAL CENTER

  $10,000

  COMMUNITY OUTREACH

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

202311299349304911

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

The source document this was parsed from is served over the API, which is where bulk and document access live.