Civic Intelligence

The Breast Cancer Research Foundation Inc

EIN 13-3727250 • 501(c)3 • New York, NY

Profile

The mission of the breast cancer research foundation is to prevent and cure breast cancer by advancing the world's most promising research.

Refreshing map…

28 West 44th Street Suite 609New York, NY 10036

www.bcrfcure.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.38x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.65x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$955,929

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

92nd percentile

30%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

24%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$199,068,927

Up $45,677,949 (+30%) from 2023

Liabilities

Up

$76,104,870

Up $9,276,650 (+14%) from 2023

Net Assets

Up

$122,964,057

Up $36,401,299 (+42%) from 2023

Revenue

Up

$117,378,452

Up $22,621,524 (+24%) from 2023

Expenses

Up

$89,147,787

Up $11,293,468 (+15%) from 2023

Net Income

Up

$28,230,665

Up $11,328,056 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $43,878,604Liabilities 2010: $33,614,419Net Assets 2010: $10,264,1852010Assets 2011: $49,879,157Liabilities 2011: $37,269,572Net Assets 2011: $12,609,5852011Assets 2012: $60,066,003Liabilities 2012: $40,466,844Net Assets 2012: $19,599,1592012Assets 2013: $86,725,044Liabilities 2013: $50,453,030Net Assets 2013: $36,272,0142013Assets 2014: $91,224,498Liabilities 2014: $62,714,844Net Assets 2014: $28,509,6542014Assets 2015: $87,909,225Liabilities 2015: $64,182,324Net Assets 2015: $23,726,9012015Assets 2016: $91,718,442Liabilities 2016: $70,007,405Net Assets 2016: $21,711,0372016Assets 2017: $91,041,488Liabilities 2017: $68,313,146Net Assets 2017: $22,728,3422017Assets 2018: $104,446,077Liabilities 2018: $77,086,082Net Assets 2018: $27,359,9952018Assets 2019: $109,896,033Liabilities 2019: $83,447,686Net Assets 2019: $26,448,3472019Assets 2020: $105,214,603Liabilities 2020: $60,050,644Net Assets 2020: $45,163,9592020Assets 2021: $117,751,822Liabilities 2021: $61,504,093Net Assets 2021: $56,247,7292021Assets 2022: $129,940,554Liabilities 2022: $65,748,661Net Assets 2022: $64,191,8932022Assets 2023: $153,390,978Liabilities 2023: $66,828,220Net Assets 2023: $86,562,7582023Assets 2024: $199,068,927Liabilities 2024: $76,104,870Net Assets 2024: $122,964,0572024

Highlighted filing

2024

Assets$199,068,927
Liabilities$76,104,870
Net Assets$122,964,057

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $37,298,6912010Revenue 2011: $41,203,252Expenses 2011: $41,186,344Net Income 2011: $16,9082011Expenses 2012: $45,439,6882012Revenue 2013: $71,825,100Expenses 2013: $56,784,451Net Income 2013: $15,040,6492013Revenue 2014: $58,517,517Expenses 2014: $66,418,878Net Income 2014: -$7,901,3612014Revenue 2015: $60,131,221Expenses 2015: $63,133,426Net Income 2015: -$3,002,2052015Revenue 2016: $67,659,303Expenses 2016: $68,142,761Net Income 2016: -$483,4582016Revenue 2017: $73,033,106Expenses 2017: $71,795,440Net Income 2017: $1,237,6662017Revenue 2018: $78,996,006Expenses 2018: $76,886,163Net Income 2018: $2,109,8432018Revenue 2019: $79,556,601Expenses 2019: $82,215,778Net Income 2019: -$2,659,1772019Revenue 2020: $76,216,662Expenses 2020: $57,935,627Net Income 2020: $18,281,0352020Revenue 2021: $64,523,080Expenses 2021: $61,434,061Net Income 2021: $3,089,0192021Revenue 2022: $84,528,969Expenses 2022: $69,884,036Net Income 2022: $14,644,9332022Revenue 2023: $94,756,928Expenses 2023: $77,854,319Net Income 2023: $16,902,6092023Revenue 2024: $117,378,452Expenses 2024: $89,147,787Net Income 2024: $28,230,6652024

Highlighted filing

2024

Revenue$117,378,452
Expenses$89,147,787
Net Income$28,230,665

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$199$76.1$123$117$89.1$28.2
2023Detailed filing. Detailed filing data is available for this year.$153$66.8$86.6$94.8$77.9$16.9
2022Detailed filing. Detailed filing data is available for this year.$130$65.7$64.2$84.5$69.9$14.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$61.5$56.2$64.5$61.4$3.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$60.1$45.2$76.2$57.9$18.3
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$110$83.4$26.4$79.6$82.2$2.66
2018Detailed filing. Detailed filing data is available for this year.$104$77.1$27.4$79.0$76.9$2.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.0$68.3$22.7$73.0$71.8$1.24
2016Detailed filing. Detailed filing data is available for this year.$91.7$70.0$21.7$67.7$68.1$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.9$64.2$23.7$60.1$63.1$3.00
2014Detailed filing. Detailed filing data is available for this year.$91.2$62.7$28.5$58.5$66.4$7.90
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.7$50.5$36.3$71.8$56.8$15.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.1$40.5$19.6$45.4
2011Summary only. Only limited summary data is available for this year.$49.9$37.3$12.6$41.2$41.2$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.9$33.6$10.3$37.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 26, 2025
Return Version
2023v6.0
Gross Receipts
$195,619,100
Mission and Program Overview

Mission

The mission of the breast cancer research foundation is to prevent and cure breast cancer by advancing the world's most promising research.

Prevent and cure breast cancer by advancing the world's most promising research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$82,117,734$87,190,582▲ $5,072,848
Savings and Temporary Cash Investments$34,808,719$71,040,402▲ $36,231,683
Pledges and Grants Receivable$31,187,409$33,777,545▲ $2,590,136
Accounts Receivable$372,572$2,099,005▲ $1,726,433
Cash and Non-Interest-Bearing Accounts$772,542$1,561,316▲ $788,774
Land, Buildings, and Equipment, Net$556,728$441,932▼ $114,796
Prepaid Expenses and Deferred Charges$105,402$157,850▲ $52,448
Total Assets$153,390,978$199,068,927▲ $45,677,949
Other Assets Total$3,469,872$2,800,295▼ $669,577
Liabilities
Grants Payable$61,592,237$72,473,772▲ $10,881,535
Other Liabilities$3,678,039$2,946,720▼ $731,319
Accounts Payable and Accrued Expenses$1,454,323$684,378▼ $769,945
Unsecured Notes Loans Payable$103,621--
Total Liabilities$66,828,220$76,104,870▲ $9,276,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$44,714,742$75,384,758▲ $30,670,016
Net Assets With Donor Restrictions$41,848,016$47,579,299▲ $5,731,283
Total Net Assets Fund Balance$86,562,758$122,964,057▲ $36,401,299
Total Liabilities and Net Assets / Fund Balance$153,390,978$199,068,927▲ $45,677,949

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$313,234$266,086$579,320
Leasehold Improvements$128,698$398,351$527,049

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$8,118,044$1,355,242▲ $973,497$359,275$10,087,508
2022$7,619,505-▲ $857,814$359,275$8,118,044
2021$8,210,146$510,505▼ $767,396$333,750$7,619,505
2020$6,811,196-▲ $1,732,700$333,750$8,210,146
2019$6,769,907$125,000▲ $236,289$320,000$6,811,196
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Myra J BiblowitFormer President and CEO (to 3/31/23)-$955,929-$955,929
Myra J BiblowitFormer President and CEO (to 3/31/23-$210,372$745,557$955,929
Donna MckayPresident and CEOFT$489,329$45,583$534,912
Lisa C RisiCFO/COOFT$389,843$41,129$430,972
Dorraya El-ashryChief Scientific OfficerFT$361,060$50,303$411,363
Katherine MinsterChief Development OfficerFT$287,151$46,057$333,208
Kathleen TrippDirector Digital CommunicationsFT$260,717$35,370$296,087
Stephanie HamburgerExecutive Director Play for P.i.n.kFT$255,589$25,625$281,214
Heidi IhrigSr Director Philanthropy & Major GiftsFT$235,117$41,127$276,244
Meghan FinnChief Comm/engmt OfficerFT$239,393$6,687$246,080
Ashley CareyChief Partnerships OfficerFT$193,128$48,232$241,360
Katherine AndersonMng Director Develop/signature EventsFT$179,789$32,194$211,983
Rebecca WassermanMng Director Development/regional EventsFT$179,764$23,680$203,444

Board Members and Trustees

NameTitle
Karen HaleCo-chair
William LauderCo-chair
Kinga LampertCo-chair Emeritus/director
Abbe RavenDirector
Carlyn S MccaffreyDirector
Cynthia CitroneDirector
Effraim GrinbergDirector
Ellen OdonerDirector
Jerome BettisDirector
Kay KrillDirector
Kendra ScottDirector
Kerone VatelDirector
Nina GarciaDirector
Shelly KivellDirector
Susan HertogDirector
Thomas QuickDirector
William KarolDirector
Andrea RedmondDirector (to 9/2023)
Deborah KrulewitchSecretary
Betsy BattleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Creative Edge Parties CaterersCatering Services110 BARROW STREET, New York, NY 10014$290,925
Studio Productions Nyc LLCProduction Services660 12TH AVENUE, New York, NY 10019$267,559
Creative Artists AgencyDesign Services2000 AVE OF THE STARS, Los Angeles, CA 90067$200,000
The James GroupEvent Management5739 SOUTHWESTERN BLVD, Dallas, TX 75209$195,000
Stagecoach Digital LLCDigital Consultant2038 DAVIS BLVD, Portland, OR 97232$180,108
Revenue and Support

Revenue Composition

Contributions and Grants
$115,664,096
Program Service Revenue
$0
Investment Income
$1,646,246
Other Revenue
$68,110
All Other Contributions
$90,697,194
Change in Net Assets
$28,230,665

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded23$2,834,458Fair Value Quotations
Other Non Cash Contri Table1$69,255See Sch M Supplement
Other Non Cash Contri Table47$52,797See Sch M Supplement
Other Non Cash Contri Table10$27,506See Sch M Supplement
Total Noncash Contributions81$2,984,016-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$70,304,110
Salaries, Compensation, and Employee Benefits$10,627,920
Total Fundraising Expense$9,159,327
Other Expenses$7,987,757
Professional Fundraising Fees$228,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$59,750,923--$59,750,923
Foreign Grants$10,553,187--$10,553,187
Other Salaries and Wages$2,041,090$1,488,045$2,875,608$6,404,743
Fees for Services Management$751,757$185,983$1,859,679$2,797,419
Current Officers, Directors, Trustees, and Key Employees$993,347$411,699$877,616$2,282,662
Office Expenses$657,319$284,647$470,787$1,412,753
Occupancy$264,816$257,995$233,807$756,618
Pension Plan Contributions$242,758$151,982$300,262$695,002
Payroll Taxes$234,204$146,626$289,682$670,512
Other Employee Benefits$200,843$125,740$248,418$575,001
Advertising--$334,696$334,696
Other Expenses-$381,643$299,528$299,528
Fees for Services Other--$294,840$294,840
Conferences and Meetings$243,626--$243,626
Fees for Services Professional Fundraising--$228,000$228,000
Information Technology-$212,455-$212,455
Depreciation Depletion$44,903$43,746$39,645$128,294
Fees for Service Investment Mgmnt Fees-$114,649-$114,649
Travel$49,865$22,690$31,901$104,456
Insurance-$62,576-$62,576
Fees for Services Accounting-$59,850-$59,850
Fees for Services Legal-$7,173-$7,173
Interest-$2,323-$2,323
Total Functional Expenses$76,028,638$3,959,822$9,159,327$89,147,787
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Johns Hopkins UniversityBaltimore, MD501(c)(3)Medical Research$12,375,064
Dana Farber Cancer InsituteBoston, MA501(c)(3)Medical Research$3,405,703
Memorial Sloan Kettering Cancer CenterNew York, NY501(c)(3)Medical Research$3,175,000
University of North Carolina Chapel HillChapel Hill, NC501(c)(3)Medical Research$2,324,720
University of Pennsylvania Perelman School of MedicinePhiladelphia, PA501(c)(3)Medical Research$2,078,523
Conquer Cancer Foundation of the American Society of Clincial OncologyAlexandria, VA501(c)(3)Medical Research$2,061,187
University of California San Francisco FoundationSan Francisco, CA501(c)(3)Medical Research$1,881,744
University of Pittsburgh Cancer InstitutePittsburgh, PA501(c)(3)Medical Research$1,828,840
University of MichiganAnn Arbor, MI501(c)(3)Medical Research$1,636,188
Cornell University - Weill Cornell Medical CollegeNew York, NY501(c)(3)Medical Research$1,142,886
Stanford UniversityStanford, CA501(c)(3)Medical Research$1,125,000
Yale School of Public HealthNew Haven, CT501(c)(3)Medical Research$1,124,780
The University of Texas Md Anderson Cancer CenterHouston, TX501(c)(3)Medical Research$1,124,778
Roswell Park Alliance FoundationBuffalo, NY501(c)(3)Medical Research$1,025,000
Ohio State UniversityColumbus, OH501(c)(3)Medical Research$974,993
University of California Los AngelesLos Angeles, CA501(c)(3)Medical Research$919,751
Massachusetts General HospitalBoston, MA501(c)(3)Medical Research$899,988
Fred Hutchinson Cancer CenterSeattle, WA501(c)(3)Medical Research$775,000
Vanderbilt UniversityNashville, TN501(c)(3)Medical Research$775,000
Trustees of Boston UniversityBoston, MA501(c)(3)Medical Research$700,000
Baylor College of MedicineHouston, TX501(c)(3)Medical Research$690,000
University of PittsburghPittsburgh, PA501(c)(3)Medical Research$690,000
Albert Einstein College of MedicineBronx, NY501(c)(3)Medical Research$675,000
Mayo Clinic Cancer CenterRochester, MS501(c)(3)Medical Research$675,000
University of Kansas Medical CenterKansas City, KS501(c)(3)Medical Research$675,000
Alliance Foundationfor Cinical Trials in OncologyChicago, IL501(c)(3)Medical Research$627,040
American Association for Cancer ResearchPhiladelphia, PA501(c)(3)Medical Research$567,000
Cold Spring Harbor LaboratoryCold Spring, NY501(c)(3)Medical Research$475,000
Georgetown University Medical CenterWashington, DC501(c)(3)Medical Research$475,000
The Rockefeller UniversityNew York, NY501(c)(3)Medical Research$475,000
Northwestern UniversityChicago, IL501(c)(3)Medical Research$474,994
University of MiamiCoral Gables, FL501(c)(3)Medical Research$474,700
Trustees for Harvard UniversityCambridge, MA501(c)(3)Medical Research$474,424
Columbia UniversityNew York, NY501(c)(3)Medical Research$467,021
Beth Israel Deaconess Medical CenterBoston, MA501(c)(3)Medical Research$450,000
CHILDREN'S HOSPITAL BOSTONBoston, MA501(c)(3)Medical Research$450,000
Indiana University School of MedicineIndiannapolis, IN501(c)(3)Medical Research$450,000
University of ColoradoAurora, CO501(c)(3)Medical Research$450,000
University of Southern CaliforniaLos Angeles, CA501(c)(3)Medical Research$450,000
University of Washington FoundationSeattle, WA501(c)(3)Medical Research$450,000
Washington University in St LouisSt Louis, MO501(c)(3)Medical Research$450,000
Oregon Health & Science UniversityPortland, OR501(c)(3)Medical Research$449,911
University of Texas Southwestern Medical CenterDallas, TX501(c)(3)Medical Research$449,907
American Committee for Shaare Zedek Hospital in JerusalemNew York, NY501(c)(3)Medical Research$449,900
Massachusetts Institute of TechnologyCambridge, MA501(c)(3)Medical Research$250,000
H Lee Moffit Cancer Center and Research Institute Foundation IncTampa, FL501(c)(3)Medical Research$249,995
Morehouse School of MedicineAtlanta, GA501(c)(3)Medical Research$242,162
Arizona State UniversityTempe, AZ501(c)(3)Medical Research$225,000
Coalition of Cancer Cooperative GroupsPhiladelphia, NY501(c)(3)Medical Research$225,000
Duke UniversityDurham, NC501(c)(3)Medical Research$225,000
Ecog-acrin Cancer Research Foundation IncPhiladelphia, PA501(c)(3)Medical Research$225,000
Georgia Institute of TechnologyAtlanta, GA501(c)(3)Medical Research$225,000
Hackensack Meridian Health IncHackensack, NJ501(c)(3)Medical Research$225,000
Houston Methodist Research InstituteHouston, TX501(c)(3)Medical Research$225,000
Icahn School of Medicine at Mount SinaiNew York, NY501(c)(3)Medical Research$225,000
Nyu School of MedicineNew York, NY501(c)(3)Medical Research$225,000
Princeton UniversityPrinceton, NJ501(c)(3)Medical Research$225,000
Research Foundation of the City of New YorkNew York, NY501(c)(3)Medical Research$225,000
Rutgers University Cancer Institute of New JerseyPiscataway, NJ501(c)(3)Medical Research$225,000
The Cleveland Clinic FoundationCleveland, OH501(c)(3)Medical Research$225,000
University of ChicagoChicago, IL501(c)(3)Medical Research$225,000
University of HawaiiHonolulu, HI501(c)(3)Medical Research$225,000
University of IllinoisChampaign, IL501(c)(3)Medical Research$225,000
University of TennesseeKnoxville, TN501(c)(3)Medical Research$225,000
University of UtahSalt Lake City, UT501(c)(3)Medical Research$225,000
University of Wisconsin FoundationMadison, WI501(c)(3)Medical Research$225,000
Whitehead Institute for Biomedical ResearchCambridge, MA501(c)(3)Medical Research$225,000
Thomas Jefferson UniversityPhiladelphia, PA501(c)(3)Medical Research$178,724
American Society for Radiation Oncology (astro)Arlington, VA501(c)(3)Medical Research$175,000
Loyola University ChicagoChicago, IL501(c)(3)Medical Research$112,500
American Brain Tumor AssociationChicago, IL501(c)(3)Medical Research$100,000
Emory UniversityAtlanta, GA501(c)(3)Medical Research$100,000
ST JUDE'S CHILDRENS RESEARCH HOSPITALMemphis, TN501(c)(3)Medical Research$50,000
Gordon Research ConferencesEast Greenwich, RI501(c)(3)Medical Research$10,000
Li-fraumeni Syndrome AssociationHolliston, MA501(c)(3)Medical Research$7,500
International Society of Breast PathologyJacksonville, FL501(c)(3)Medical Research$6,000

International Summary

Offices
0
Employees
0
Spending
$10,553,187

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantmaking-00$8,398,310
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Grantmaking-00$899,606
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Grantmaking-00$805,271
North America - Canada and Mexico, But Not the United StatesGrantmaking-00$450,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,017,929
Fundraising Gross Income$3,017,929
Professional Fundraising Fees$228,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Benefit$12,832,598$1,173,402$242,926$930,476
Hot Pink Party$4,755,844$377,955$11,709$366,246
Total Events$27,819,911$3,017,929$3,017,929$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$2,946,720
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The draft form 990 is reviewed by management. After any required edits, the return is provided to the foundation's audit committee for their review and approval for filing; the final form 990, as approved by the audit committee, is provided to each member of the board of directors for their approval prior to the ultimate filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The foundation has a conflict-of-interest policy which requires all directors, officers and staff to report any conflicts or potential conflicts to the chief operating officer, who will report any conflicts or potential conflicts to the audit committee. Any individual may also report conflicts or potential conflicts directly to the audit committee. The policy empowers the audit committee to evaluate conflict disclosures and take any actions necessary to determine the extent and nature of any actual or potential conflict and, if appropriate, investigate alternatives to the proposed transaction or arrangement. The foundation may not enter into a transaction in which there is an actual or potential conflict of interest unless it has been approved by the audit committee. If a conflict has been disclosed, the interested party must recuse themselves from any deliberation or vote on such transaction. The audit committee shall report to the board at least quarterly with respect to any conflict of interest and the resolution thereof. The foundation requires all directors, officers and staff to submit annual statements of compliance with the policy.

Form 990, Part VI, Section B, Line 15

An annual review of compensation is performed by the executive committee (the "committee") for the president and ceo. This review includes an assessment of the president and ceo's performance which informs the final compensation decision in accordance with the president and ceo's employment contract. The annual review of compensation for all other key management is performed by the president and ceo. The compensation budget for all employees is part of the organizational budget which is approved by the finance and investment committee and brought to the full board for approval.

Form 990, Part VI, Section C, Line 19

The breast cancer research foundation inc.'s governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Breast Cancer Research
EIN
13-3727250
Phone
6464972600
Address
28 WEST 44TH STREET SUITE 609, NEW YORK, NY 10036

Signing Officer

Name
Lisa Risi
Title
Chief Operating Officer
Phone
6464972600
Signed
2025-02-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Mckay
Formed
1993
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
63
Volunteers
300

Preparer

Firm
Eisner Advisory Group LLC
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Candice Meth
Phone
2129498700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 41

Breast cancer is a complex disease with no simple solution. Every diagnosis is unique and puts lives at risk. We must stop breast cancer in its tracks, and research is the answer. Founded in 1993 by evelyn h. Lauder, the breast cancer research foundation, inc. Is the largest private funder of breast cancer research in the world. We invest in a wide range of research - from prevention to metastasis - because each area of investigation informs another, propelling us toward the solutions we urgently need. We convene and connect the best minds in science - giving them the opportunity to pursue their most innovative ideas. Our combination of investment and cross-disciplinary collaboration accelerates the entire field and builds momentum for new discoveries. Bcrf - funded investigators have been behind every major breakthrough in breast cancer research, and the field is moving faster than ever.

FORM 990, PART XI, LINE 9:

Return of prior-year grant awards 44,065. Provision for uncollectible accounts -178,876.

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment consists of six donor-restricted funds the income of which is primarily focused on funding defined research initiatives.

PART X, LINE 2:

The foundation is subject to the provisions of the financial accounting standards board's accounting standards codification ("asc") topic 740, income taxes, relating to accounting and reporting for uncertainty in income taxes. Because of the foundation's general tax-exempt status, management believes asc topic 740 has not had, and is not expected to have, a material impact on the foundation's consolidated financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt26CHIEF PARTNERSHIPS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt27MNG DIR DEVELOPMENT/REGIONAL EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt28SR DIR. PHILANTHROPY & MAJOR GIFTS
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR DIGITAL COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt30MNG DIR DEVELOP/SIGNATURE EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt31FORMER PRESIDENT AND CEO (TO 3/31/23)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt024801982
IRS990/FundraisingDirectExpensesAmt03017929
IRS990/FundraisingGrossIncomeAmt03017929
IRS990/GainOrLossGrp/SecuritiesAmt0-4262281
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantAmt070304110
IRS990/GrantsPayableGrp/BOYAmt061592237
IRS990/GrantsPayableGrp/EOYAmt072473772
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt059750923
IRS990/GrantsToDomesticOrgsGrp/TotalAmt059750923
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt070960438
IRS990/GrossReceiptsAmt0195619100
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt030
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0212455
IRS990/InformationTechnologyGrp/TotalAmt0212455
IRS990/InsuranceGrp/ManagementAndGeneralAmt062576

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