Lymphoma Research Foundation

“MICHAEL Werner and Robert Werner have a family relationship.”

“The organization's form 990 is prepared internally by the finance department and is reviewed by management before review by the organization's independent accounting firm. The form 990 is then reviewed by the audit committee and the board for comment.”

“LRF has a conflict of interest policy which requires board members, officers, and staff, to review and sign annually. During the FY18 financial audit, LRF's external auditors reviewed the board and officers' statements. No conflict of interests were reported for the fiscal period ending June 30, 2019. In 2014, LRF established a formal process for review and disposition of potential conflicts of interest in accordance with the provisions of the New York Non-Profit Revitalization Act of 2013.”

“The organization sets compensation in a manner giving rise to a rebuttable presumption that the compensation is reasonable under standards set forth in treasury regulations section 53.4958-6. Salaries of the senior staff, including the ceo, are determined based upon market information comparable to the position in other non-profit organizations. The ceo's compensation is approved by the integration council, which has been duly authorized by the board and consists of independent members, and the approval is documented contemporaneously in the council minutes. Form 990, part vi, section c, line 19 financial statements are on the organization's website for viewing. Signed conflict of interests forms and governing documents are kept on file in lrf's main office and available for view on-site.”

“Lrf is the nation's largest non-profit organization devoted to funding innovative research and serving the lymphoma community through a comprehensive series of education programs, outreach initiatives, and patient services. Lrf invests millions of dollars every year to combat lymphoma and assist those whose lives have been affected by a lymphoma diagnosis. Lrf is supported by more than 10,000 volunteers who contribute their time and talents to further the lrf mission and serve their local communities. Lrf has earned the trust of individuals, private foundations, public companies, and organizations that fund its work by demonstrating a history of careful and proven financial stewardship. Form 990, part iii, line 1 - organization's mission lrf is dedicated to identifyng a cure through an aggresively-funded research program and to helping members of the lymphoma community by providing comprehensive, disease-specific programs and services. Lrf invests millions of dollars every year to combat lymphoma and assist those whose lives have been affected by a lymphoma diagnosis. Lrf is supported by more than 10,000 volunteers who contribute their time and talents to further the lrf mission and serve their local communities. Lrf has earned the trust of individuals, private foundations, public companies, and organizations that fund its work. By demonstrating a history of careful and proven financial stewardship.”

“RESEARCH: This work is led by the Foundation's renowned Scientific Advisory Board, comprised of 45 of the world's leading experts in lymphoma research and patient care. LRF facilitates numerous disease-specific global consortia (including programs for follicular, marginal zone, mantle cell and adolescent and young adult lymphomas) and develops scientific meetings (including workshops addressing new lymphoma and CLL therapies and clinical trials) annually, convening international experts to share research findings and collaborate, with a goal of advancing the most promising lymphoma and CLL research. LRF funds relevant senior investigator research grants as well, seeking to develop new treatments for lymphoma. To ensure that the next generation of cancer researchers are dedicated to studying lymphoma, the Foundation is committed to investing in early career scientists who have the greatest ability to impact the future of lymphoma research. The Foundation's early career investigator grant portfolio includes the LRF Clinical Career Development Award, Lymphoma Research Clinical Mentoring Program, and LRF Postdoctoral Fellowship, the only lymphoma-specific fellowship program in the United States.”

“During fiscal year 2017, the Foundation established a subsidiary, LRF Research Inc., as part of a strategic relationship with the Clarus Cancer Fund, an investment fund of Clarus Ventures. The subsidiary was closed and expenses for the subsidiary were recaptured in FY2019.”