Skip to content
Nonprofiteer
← GATEWAY FOR CANCER RESEARCH INC

Form 990 for tax year 2022

Filed by GATEWAY FOR CANCER RESEARCH INC.

Totals

Total revenue
$10,470,741
Total expenses
$9,525,588
Contributions and grants received
$12,645,682
Grants paid
$6,826,886
Program service revenue
$75,000
Investment income
-$65,189
Other revenue
-$2,184,752
Total assets, end of year
$20,261,940
Total liabilities, end of year
$10,138,659
Net assets or fund balances, end of year
$10,123,281
Program services expenses (Part IX)
$7,270,316
Management and general expenses
$800,284
Fundraising expenses
$1,454,988
Program service expenses (Part III)
$7,270,316

Program services were 76.3% 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

    $400

  • 1c · Fundraising events

    $4,079,081

  • 1f · All other contributions, gifts and grants

    $8,566,201

  • 2a · Program service revenue: GRANTS MANAGEMENT

    total $75,000 · related or exempt $75,000

  • 3 · Investment income

    total $298,338 · excluded $298,338

  • 7a · Gross sales of assets other than inventory

    securities $9,359,623

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

    securities $9,723,150

  • 7c · Gain or loss

    securities -$363,527

  • 7d · Net gain or loss

    total -$363,527 · excluded -$363,527

  • 8a · Fundraising events: gross income

    $78,653

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

    $4,079,081

  • 8b · Fundraising events: direct expenses

    $2,263,405

  • 8c · Net income from fundraising events

    total -$2,184,752 · excluded -$2,184,752

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,657,488 · program services $6,657,488

  • 3 · Grants to foreign organizations and individuals

    total $169,398 · program services $169,398

  • 5 · Compensation of officers, directors and key employees

    total $202,889 · management and general $60,867 · fundraising $142,022

  • 7 · Other salaries and wages

    total $815,501 · program services $209,691 · management and general $39,692 · fundraising $566,118

  • 8 · Pension plan contributions

    total $88,108 · program services $18,142 · management and general $8,700 · fundraising $61,266

  • 9 · Other employee benefits

    total $105,009 · program services $21,622 · management and general $10,369 · fundraising $73,018

  • 11f · Fees: investment management

    total $65,395 · management and general $65,395

  • 11g · Fees: other

    total $250,951 · program services $131,947 · management and general $97,975 · fundraising $21,029

  • 12 · Advertising and promotion

    total $480,991 · fundraising $480,991

  • 13 · Office expenses

    total $12,533 · management and general $12,533

  • 16 · Occupancy

    total $32,347 · management and general $32,347

  • 17 · Travel

    total $66,051 · fundraising $66,051

  • 23 · Insurance

    total $4,975 · management and general $4,975

  • 24a · Other expenses: ACQUISITION

    total $400,000 · management and general $400,000

  • 24b · Other expenses: MINOR EQUIPMENT AND SOF

    total $66,281 · management and general $66,281

  • 24c · Other expenses: BANK AND CREDIT CARD FE

    total $37,330 · fundraising $37,330

  • 24d · Other expenses: RESEARCH AND GRANTS COM

    total $31,400 · program services $31,400

  • 24e · All other expenses

    total $38,941 · program services $30,628 · management and general $1,150 · fundraising $7,163

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,403,642 · end of year $4,775,562

  • 2 · Savings and temporary cash investments

    beginning of year $1,027,714 · end of year $804,180

  • 3 · Pledges and grants receivable

    beginning of year $830,078 · end of year $701,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $33,932 · end of year $72,711

  • 11 · Investments: publicly traded securities

    beginning of year $11,848,840 · end of year $13,399,144

  • 15 · Other assets

    beginning of year $441,350 · end of year $509,343

  • 17 · Accounts payable and accrued expenses

    beginning of year $175,870 · end of year $250,794

  • 18 · Grants payable

    beginning of year $11,815,402 · end of year $9,862,290

  • 19 · Deferred revenue

    beginning of year $29,050 · end of year $25,575

  • 25 · Other liabilities

    beginning of year $400,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,794,745 · end of year $6,565,537

  • 28 · Net assets with donor restrictions

    beginning of year $3,370,489 · end of year $3,557,744

Mission and programs · 2022

Mission

TO ACCELERATE PRACTICE-CHANGING DISCOVERIES IN CANCER CARE BY HARNESSING THE UNRELENTING PASSION OF THE RESEARCH COMMUNITY AND EMPOWERING PATIENTS TO TRIUMPH OVER THEIR DISEASE.

Activities or mission (Part I)

TO FIND AND FUND CLINICAL CANCER RESEARCH.

  • GATEWAY FOR CANCER RESEARCH, A NON-PROFIT 501(C)(3) ORGANIZATION, WAS ESTABLISHED IN 1991 TO PROMOTE RESEARCH THAT MORE TRADITIONAL CANCER RESEARCH INSTITUTIONS MAY NOT FUND. GATEWAY IS DEDICATED TO ADVANCING INNOVATIONS IN THE SCIENTIFIC COMMUNITY AND SPEEDING THEM TO THE CANCER PATIENT'S BEDSIDE. THE WORK OF GATEWAY IS ABOUT GIVING CANCER PATIENTS THE ABILITY TO LIVE LONGER, MORE FULFILLING AND HEALTHIER LIVES.100% OF PUBLIC CONTRIBUTIONS RECEIVED ARE APPLIED DIRECTLY TO SUPPORT CANCER RESEARCH. OUR RESEARCH AND GRANTS COMMITTEE APPLIES STRINGENT GUIDELINES FOR REVIEWING EACH GRANT APPLICATION, RECOMMENDING TO THE BOARD OF DIRECTORS ONLY THOSE THAT ARE IN KEEPING WITH THE FOUNDATION'S MISSION. GATEWAY FOR CANCER RESEARCH RECEIVES FUNDING FROM A PRIVATE ENTITY UNDERWRITING ADMINISTRATIVE AND FUNDRAISING COSTS. THIS ALLOWS DONOR DOLLARS TO BE DIRECTED TO PATIENT-CENTERED RESEARCH. GATEWAY FOR CANCER RESEARCH IS CURRENTLY FUNDING 65 STUDIES.

    Expenses $7,270,316 · Grants $6,826,886 · Revenue $75,000

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

Listed in Part VII

  • FRED DEGRANDIS

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.3

  • JOE CALTABIANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DENIZ RAZON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • JAKE GOLDSTEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • RICHARD J STEPHENSON

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.3

  • MARY LOU SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • EDWIN ROBERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • TONY FESTA

    TREASURER

    Total calculated
    $0
    Hours/week
    0.3

  • STACIE J STEPHENSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • SATISH TADIKONDA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • TIMOTHY FLANIGAN

    ASST. SECRETARY

    Total calculated
    $0
    Hours/week
    0.3

  • TAWNYA BOND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • EMANUEL PETRICOIN PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • NATALIE STEWART

    PRESIDENT AND CEO

    Total calculated
    $228,217
    From this org
    $202,889
    From related orgs
    $0
    Other
    $25,328
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,889
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $25,328
    Filer's total
    $228,217

  • MICHAEL BURTON

    PRESIDENT (TERM SEPT 22)

    Total calculated
    $170,475
    From this org
    $150,385
    From related orgs
    $0
    Other
    $20,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,385
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,090
    Filer's total
    $170,475

  • DELORA SENFT

    CHIEF OPERATING OFFICER

    Total calculated
    $137,100
    From this org
    $116,210
    From related orgs
    $0
    Other
    $20,890
    Hours/week
    40

  • JESSICA CESTONE

    EXECUTIVE DIRECTOR, CONCIERGE

    Total calculated
    $153,391
    From this org
    $131,815
    From related orgs
    $0
    Other
    $21,576
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,815
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,576
    Filer's total
    $153,391

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 · Compensation survey or study
  • 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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
2 April 2024
IRS schema version
2022v5.0
Source object
202410939349301296

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.