BONE MARROW & CANCER FOUNDATION INC

EIN: 133674198 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,612,410
Total Expenses
$2,084,734
Total Assets
$2,001,296
Net Assets
$1,591,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
NY
Principal Officer
CHRISTINA MERRILL
Phone
2128383029
Tax Period
2023-01-01 to 2023-12-31

BONE MARROW & CANCER FOUNDATION INC, founded in 1992, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 29% operating deficit.

Mission

THE BONE MARROW & CANCER FOUNDATION, FOUNDED IN 1992, IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR CANCER AND TRANSPLANT PATIENTS AND THEIR FAMILIES BY PROVIDING VITAL FINANCIAL ASSISTANCE, COMPREHENSIVE RESOURCES, EDUCATIONAL INFORMATION, PHYSICIAN REFERRALS, AND EMOTIONAL SUPPORT PROGRAMS. THE BONE MARROW & CANCER FOUNDATION IS THE ONLY ORGANIZATION OF ITS KIND THAT DOES NOT LIMIT ASSISTANCE TO A SPECIFIC DISEASE, TYPE OF TRANSPLANT, OR AGE RANGE. ALL OF THE FOUNDATION'S PROGRAMS AND SERVICES ARE OFFERED TO PATIENTS AND THEIR FAMILIES FREE OF CHARGE.

Program Service Accomplishments

Program 1
Expenses: $1,669,555

GUIDED BY A MEDICAL ADVISORY BOARD OF NATIONALLY-RECOGNIZED CANCER SPECIALISTS AND WORKING WITH HOSPITALS ACROSS THE UNITED STATES, THE BONE MARROW & CANCER FOUNDATION IS THE ONLY ORGANIZATION OF ITS...

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GUIDED BY A MEDICAL ADVISORY BOARD OF NATIONALLY-RECOGNIZED CANCER SPECIALISTS AND WORKING WITH HOSPITALS ACROSS THE UNITED STATES, THE BONE MARROW & CANCER FOUNDATION IS THE ONLY ORGANIZATION OF ITS KIND THAT DOES NOT LIMIT ASSISTANCE TO A SPECIFIC DISEASE, TYPE OF TRANSPLANT OR AGE RANGE. FOR THE PAST 31 YEARS, THE FOUNDATION HAS CONNECTED PATIENTS AND THEIR FAMILIES WITH THE SERVICES THEY NEED-FROM DIAGNOSIS THROUGH SURVIVORSHIP-TO MAKE EFFECTIVE DECISIONS ABOUT TREATMENT AND ITS AFTERMATH. ALL OF THE FOUNDATION'S PROGRAMS AND SERVICES ARE OFFERED TO PATIENTS AND THEIR FAMILIES FREE OF CHARGE. OUR PROGRAMS INCLUDE:LIFELINE FUND PROVIDES FINANCIAL SUPPORT FOR TRANSPLANT PATIENTS TO HELP COVER THE COSTS OF DONOR SEARCHES, MEDICATIONS, HOME AND CHILD CARE SERVICES, MEDICAL EQUIPMENT, TRANSPORTATION, CORD BLOOD BANKING, HOUSING COSTS AND OTHER EXPENSES ASSOCIATED WITH THE TRANSPLANT. HEALTH INSURANCE OFTEN DOES NOT COVER THESE VITAL SUPPORT SERVICES, AND MANY PATIENTS CANNOT AFFORD THEM ON THEIR OWN. ONE-TO-ONE FUNDS ENABLE PATIENTS TO REACH OUT TO FAMILY, FRIENDS, AND SOCIAL NETWORKS FOR FINANCIAL SUPPORT. A ONE-TO-ONE FUND CAN BE CREATED IN MINUTES AND PROMOTED THROUGH SOCIAL MEDIA OR BY MORE TRADITIONAL MEANS. ALL CONTRIBUTIONS TO ONE-TO-ONE FUNDS ARE TAX-DEDUCTIBLE AND DO NOT AFFECT A PATIENT'S MEDICAL INSURANCE OR BENEFITS.AIRBNB OPEN HOMES MEDICAL STAYS OFFERS FREE TEMPORARY HOUSING FOR CANCER AND TRANSPLANT PATIENTS AND THEIR CAREGIVERS. THE PROGRAM RELIEVES A TREMENDOUS BURDEN FOR PATIENTS AND FAMILIES WHO MUST TRAVEL FOR LIFE-SAVING TREATMENT, THEREBY ALLOWING THEM TO GO TO THE BEST CANCER CENTERS AND FOCUS ON THEIR RECOVERY.CARELINES PROVIDES CROWDFUNDING, JOURNALING AND A HELP CALENDAR FOR ANYONE WITH A CANCER DIAGNOSIS OR RECEIVING A BONE MARROW, STEM CELL OR CORD BLOOD TRANSPLANT. THROUGH CARELINES, PATIENTS CAN REACH OUT TO FAMILY, FRIENDS AND SOCIAL NETWORKS FOR FINANCIAL SUPPORT, SHARE UPDATES, PHOTOS, AND VIDEOS, KEEP TRACK OF APPOINTMENTS AND RECEIVE HELP FROM FAMILY AND COMMUNITY MEMBERS FOR DAY-TO-DAY TASKS. ALL CONTRIBUTIONS TO CARELINES ARE TAX-DEDUCTIBLE AND DO NOT AFFECT A PATIENT'S MEDICAL INSURANCE OR BENEFITS. SCHOLARSHIP GRANTS HELP MAKE EDUCATIONAL ASPIRATIONS A REALITY FOR BONE MARROW, STEM CELL OR CORD BLOOD TRANSPLANT SURVIVORS. GRANTS HELP COVER TUITION FEES, ACADEMIC SUPPLIES, AND EDUCATIONAL HOMEBOUND EQUIPMENT. GRANTS ARE AVAILABLE TO STUDENTS WHO HAVE RECEIVED A TRANSPLANT AND ARE ENROLLED IN EITHER A FULL-TIME OR PART-TIME EDUCATIONAL PROGRAM.CLINICAL CARE COUNSELING PROVIDES CONFIDENTIAL INDIVIDUAL AND FAMILY SUPPORTIVE COUNSELING AND RESOURCE REFERRALS FOR CANCER, TRANSPLANT PATIENTS, AND FAMILY MEMBERS. LICENSED THERAPISTS ARE AVAILABLE FOR TELEPHONE SESSIONS TO HELP PATIENTS, FAMILY MEMBERS AND CAREGIVERS WITH EMOTIONAL SUPPORT. RESOURCE COUNSELORS ARE AVAILABLE BY TELEPHONE TO HELP PATIENTS, FAMILY MEMBERS AND CAREGIVERS FIND THE NECESSARY RESOURCES TO SUPPORT THEM WITH FINANCIAL GRANTS, TEMPORARY HOUSING, TRAVEL, LIVING EXPENSES AND COSTS ASSOCIATED WITH TREATMENT.PATIENT NAVIGATORS GUIDE ANYONE FACED WITH A CANCER DIAGNOSIS OR NEEDING A BONE MARROW OR STEM CELL TRANSPLANT, FAMILY MEMBERS, AND CAREGIVERS THROUGH THE HEALTHCARE SYSTEM TO ALLEVIATE ANY BARRIERS THEY MAY FACE DURING THEIR CANCER TREATMENT. IN PARTICULAR, A PATIENT NAVIGATOR OFFERS SUPPORT DURING A TIME OF UNCERTAINTY BY IDENTIFYING AND CONNECTING PATIENTS WITH TREATMENT CENTERS AND MEDICAL SPECIALISTS. ASK THE EXPERT GIVES YOU A WAY TO GET EXPERT AND PRACTICAL ANSWERS, FREE OF CHARGE, EASILY AND CONFIDENTIALLY. YOU AND THE HEALTH CARE OR MENTAL HEALTH PROFESSIONAL WILL REMAIN ANONYMOUS TO EACH OTHER, AND ALL COMMUNICATIONS OCCUR ONLINE.SUPPORTLINE LINKS TRANSPLANT PATIENTS AND THEIR FAMILIES WITH VOLUNTEERS WHO HAVE GONE THROUGH THE TRANSPLANT EXPERIENCE.SUPPORT GROUPS PROVIDE PATIENTS, FAMILIES AND CAREGIVERS THE OPPORTUNITY TO SHARE EXPERIENCES AND DRAW SUPPORT FROM ONE ANOTHER AS THEY CONTINUE TO NAVIGATE THEIR CANCER OR TRANSPLANT TREATMENT AND RECOVERY. FACILITATED BY A CLINICAL ONCOLOGY SOCIAL WORKER/THERAPIST AND AN ADVANCED ONCOLOGY CERTIFIED CLINICAL NURSE SPECIALIST, EACH OF OUR SEPARATE GROUPS PROVIDES PATIENTS, FAMILIES, CAREGIVERS AND THOSE EXPERIENCING GRIEF AND MOURNING A PLACE TO COME TOGETHER WITH PROFESSIONAL GUIDANCE.MEDICAL & EDUCATIONAL HANDBOOKS PROVIDE COMPREHENSIVE TRANSPLANT INFORMATION AND RESOURCES TO ASSIST PATIENTS, FAMILY MEMBERS AND CAREGIVERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,560,273
Program Service Revenue $0
Investment Income $33,552
Other Revenue $18,585
TOTAL REVENUE $1,612,410

Expense Breakdown

Grants Paid $738,118
Salaries & Benefits $563,079
Fundraising Expenses $187,958
Program Expenses $1,669,555
Other Expenses $765,937
TOTAL EXPENSES $2,084,734

Year-over-Year Comparison

2023 2022 Change
Revenue $1,612,410 $2,007,914 -0.2%
Expenses $2,084,734 $1,813,034 +0.1%
Net Income $-472,324 $194,880 -3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
15
Employees
8
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$173,242
Total Directors
16
$173,242
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT FISHMAN CHAIRMAN 3.00
Officer Director
$0 $0 $0
CHARLOTTE MOSS VICE CHAIR 3.00
Officer Director
$0 $0 $0
ANDREW ROBIN TREASURER 3.00
Officer Director
$0 $0 $0
AIMEE EBERLE SECRETARY 3.00
Officer Director
$0 $0 $0
JACQUELIN WALDROP TRUSTEE 3.00
Director
$0 $0 $0
JONATHAN ALTER TRUSTEE 3.00
Director
$0 $0 $0
MEG BRAFF TRUSTEE 3.00
Director
$0 $0 $0
LISA M EASTMAN TRUSTEE 3.00
Director
$0 $0 $0
VASILIANNA FAKIRIS TRUSTEE 3.00
Director
$0 $0 $0
SERGIO GIRALT TRUSTEE 3.00
Director
$0 $0 $0
EVAN HANDLER TRUSTEE 3.00
Director
$0 $0 $0
PEGGY BITLER TRUSTEE 3.00
Director
$0 $0 $0
STEPHEN D NIMER TRUSTEE 3.00
Director
$0 $0 $0
STEVEN FRUCHTMAN TRUSTEE 3.00
Director
$0 $0 $0
OLIVER ISRAEL TRUSTEE 3.00
Director
$0 $0 $0
CHRISTINA MERRILL PRESIDENT & CEO 40.00
Officer Director
$156,250 $16,992 $173,242
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,612,410 $2,084,734 $2,001,296 $-472,324
2022 $2,007,914 $1,813,034 $2,583,345 $194,880
2021 $2,230,568 $1,445,354 $2,276,322 $785,214
2020 $1,642,228 $1,281,632 $1,255,993 $360,596
2019 $1,873,901 $2,131,181 $788,240 $-257,280
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