H LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE FOUNDATION INC

EIN: 593238636 501(c)(3) Diseases & Disorders

TAMPA, FL

Total Revenue
$41,320,097
Total Expenses
$34,324,763
Total Assets
$320,179,762
Net Assets
$312,975,340
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Principal Officer
MARIA MULLER
Phone
8137454673
Tax Period
2024-07-01 to 2025-06-30

H LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE FOUNDATION INC, founded in 1994, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $41.3M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $7.0M, a strong 17% operating margin.

Mission

THE PRIMARY EXEMPT PURPOSE OF H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE FOUNDATION, INC. IS TO RAISE, MAINTAIN AND HOLD FUNDS WHICH ARE PRIMARILY USED FOR THE BENEFIT OF H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. AND ITS SUBSIDIARIES IN ACCORDANCE WITH RESTRICTIONS, IF ANY, IMPOSED BY DONORS.

Program Service Accomplishments

Program 1
Expenses: $24,606,061

THE MOFFITT CANCER CENTER FOUNDATION WAS FOUNDED IN 1994 WITH THE SOLE PURPOSE OF SUPPORTING RESEARCH, PATIENT CARE AND EDUCATION AT H. LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE. IT IS A...

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THE MOFFITT CANCER CENTER FOUNDATION WAS FOUNDED IN 1994 WITH THE SOLE PURPOSE OF SUPPORTING RESEARCH, PATIENT CARE AND EDUCATION AT H. LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE. IT IS A TAX-EXEMPT CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS AUTHORIZED TO ACCEPT CHARITABLE GIFTS ON BEHALF OF H. LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE. ALL CONTRIBUTIONS ARE TAX DEDUCTIBLE WITHIN THE LIMITS SET BY LAW.PHILANTHROPY IS CRITICAL TO THE MOFFITT MISSION - TO CONTRIBUTE TO THE PREVENTION AND CURE OF CANCER - AND PHILANTHROPIC DONATIONS ARE DISSEMINATED ACROSS A WIDE SPECTRUM OF MOFFITT PROGRAMS AND SERVICES.MOFFITT FOUNDATION SOLICITS AND WELCOMES FINANCIAL GIFTS FROM DONORS WHO WISH TO SUPPORT THE WORK OF THE CANCER CENTER. CHARITABLE GIFTS PROVIDE AN IMPORTANT SOURCE OF FUNDING FOR MOFFITT'S EFFORTS IN TREATING AND CURING CANCER. DONORS MAY RESTRICT THEIR GIFTS FOR USE IN A SPECIFIC AREA OF CANCER RESEARCH, PATIENT CARE OR COMMUNITY EDUCATION. GIFTS ALSO MAY BE DIRECTED FOR USE IN AN AREA OF GREATEST NEED.THE MONEY RAISED BY THE FOUNDATION IS DISTRIBUTED FOR SUCH THINGS ASTHE PURCHASE OF ADVANCED TECHNOLOGICAL EQUIPMENT, SUPPORT FOR RESEARCH LABORATORIES AND SUPPLIES, CANCER EDUCATION AND OUTREACH, LODGING, BIOMEDICAL LIBRARY, HEALTH DISPARITIES, SURVIVORSHIP, AND INTEGRATIVE MEDICINE PROGRAMS.IN FY25, MOFFITT FOUNDATION'S THREE LARGEST FUNDRAISING EVENTS ARE ASFOLLOWS:2025 MOFFITT CANCER CENTER LUNCHEON - THE 2025 MOFFITT CANCER CENTER LUNCHEON WAS HELD AT MICHAEL'S ON THE BAY AT MARIE SELBY GARDENS IN SARASOTA ON APRIL 3RD. THE EVENT RAISED NEARLY $400,000 FOR MOFFITT AND WAS CHAIRED BY SARASOTA RESIDENT AND FOUNDATION BOARD MEMBER, EILEEN CURD. GUESTS AT THE LUNCHEON HEARD FROM KEYNOTE SPEAKER DR. JENNY PERMUTH, VICE CHAIR OF RESEARCH, GASTROINTESTINAL ONCOLOGY. FUNDS RAISED EACH YEAR AT THE MOFFITT CANCER CENTER LUNCHEON IN SARASOTA SUPPORT MOFFITT'S RESEARCH INNOVATION FUND. THE FUND ESTABLISHED IN 2020 PROVIDES SEED FUNDING FOR KEY INITIATIVES INCLUDING RESEARCH DEVELOPMENT STUDIES, CLINICAL TRIALS, AND TREATMENTS AT THE FOREFRONT OF THE NEXT SCIENTIFIC BREAKTHROUGH FOR OUR PATIENTS. MILES FOR MOFFITT - MILES FOR MOFFITT IS MOFFITT CANCER CENTER'S PREMIER MOVEMENT FOR RAISING FUNDS TO TOUCH LIVES AND PROPEL US TOWARD A CANCER-FREE WORLD. SINCE 2006, MOFFITT CANCER CENTER SUPPORTERS HAVE COME TOGETHER TO RAISE CRITICAL FUNDS FOR CANCER RESEARCH IN A COMMUNITY-WIDE MOVEMENT OF INSPIRATION, COURAGE, AND HOPE THAT THOUSANDS OF INDIVIDUALS AND FAMILIES LOOK FORWARD TO EVERY YEAR. THE EVENT PROVIDES A 1K/5K/10K/WHEELCHAIR RACE AND KIDS DASH. SINCE 2006, MILES FOR MOFFITT HAS RAISED MILLIONS OF DOLLARS TOWARD ADVANCING CANCER RESEARCH, HELPING MOFFITT SUSTAIN AND ADVANCE ITS STATUS AS ONE OF THE BEST CANCER CENTERS IN THE COUNTRY AND THE ONLY NATIONAL CANCER INSTITUTE-DESIGNATED COMPREHENSIVE CANCER CENTER IN FLORIDA.MAGNOLIA BALL EVENT - THE MAGNOLIA BALL TOOK PLACE ON FEBRUARY 1, 2025, DRAWING A LARGE CROWD AT THE JW MARRIOTT IN DOWNTOWN TAMPA. THE EVENT, CHAIRED BY THE WANEK FAMILY, RAISED OVER EIGHT MILLION DOLLARS TO SUPPORT MOFFITT CANCER CENTER. SINCE 1994, THE MAGNOLIA BALL, THE CANCER CENTER'S SIGNATURE EVENT, HAS RAISED TENS OF MILLIONS FOR MOFFITT'S CANCER-FIGHTING EFFORTS. A PRIVATE CONCERT BY LADY A ENTERTAINED THE CROWD FOLLOWED BY A SPEAK EASY THEMED AFTER-PARTY WITH DJ FRESH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,076,379
Program Service Revenue $0
Investment Income $-2,528,529
Other Revenue $-227,753
TOTAL REVENUE $41,320,097

Expense Breakdown

Grants Paid $23,732,678
Salaries & Benefits $7,230,118
Fundraising Expenses $5,495,903
Program Expenses $24,606,061
Other Expenses $3,361,967
TOTAL EXPENSES $34,324,763

Year-over-Year Comparison

2024 2023 Change
Revenue $41,320,097 $43,785,413 -0.1%
Expenses $34,324,763 $28,251,742 +0.2%
Net Income $6,995,334 $15,533,671 -0.5%
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
24
Independent Members
24
Employees
50
Volunteers
41

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
8
$3,699,070
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARABDEEP SINGH EVP/COO 4.00
Officer
$0 $211,233 $1,315,157
L DAVID DE LA PARTE FRM EVP GEN CO & ASST SEC TO 6/2024 4.00
$0 $242,023 $1,042,186
JOANNA WEISS EVP-CFAO & ASST TREAS 4.00
Officer
$0 $139,001 $972,388
MARIA MULLER EVP PRES & CHIEF PHILAN OFFICER 55.00
Officer
$638,020 $111,691 $749,711
CHARLES FLETCHER EVP-GEN COUN & ASST SEC AS OF 7/2024 4.00
Officer
$0 $117,472 $661,814
YVETTE M LYONS TREMONTI FRM EVP - CFAO/ASST TREAS TO 5/2024 0.00
$0 $65,937 $596,052
REBECCA S NORMAN SR DIR DEVELOPMENT SVCS 50.00
Highest
$217,358 $51,651 $269,009
MICHELLE MASLOWSKI SR DIR INDIVIDUAL PHILANTHROPY PRGMS 50.00
Highest
$238,192 $15,789 $253,981
AMANDA S HOLLIS DIR INSTITUTIONAL AND MEMBERSHIP GIVING 50.00
Highest
$195,932 $46,536 $242,468
MICHAEL KENNEDY DIRECTOR PLANNED GIVING 50.00
Highest
$193,896 $28,539 $222,435
ELIZABETH C HOWARD DIR COMMUNITY AND PARTNERSHIP GIVING 50.00
Highest
$176,925 $36,681 $213,606
ROSE BAKER REILLY DIRECTOR & CHAIRMAN 2.00
Officer Director
$0 $0 $0
EDWARD C DROSTE DIRECTOR & IMMED PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
PETER T KIRKWOOD ESQ DIRECTOR & VICE CHAIRMAN TO 7/2024 2.00
Officer Director
$0 $0 $0
JOSEPH CABALLERO DIRECTOR & SEC/TREAS 2.00
Officer Director
$0 $0 $0
PAUL ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY BELL BARNETT DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BRAND DIRECTOR 1.00
Director
$0 $0 $0
RONALD J CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
PETER J CAMPO DIRECTOR 1.00
Director
$0 $0 $0
EILEEN SENA CURD DIRECTOR 1.00
Director
$0 $0 $0
ROBERT DUTKOWSKY DIRECTOR 1.00
Director
$0 $0 $0
S KATHERINE FRAZIER DIRECTOR 1.00
Director
$0 $0 $0
RICHARD GONZMART DIRECTOR 1.00
Director
$0 $0 $0
SHAY GRIESE DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN H HILL III ESQ DIRECTOR 1.00
Director
$0 $0 $0
FREDERICK LYNCH DIRECTOR 1.00
Director
$0 $0 $0
SAREET MAJUMDAR DIRECTOR 1.00
Director
$0 $0 $0
THE HON H LEE MOFFITT ESQ DIRECTOR 1.00
Director
$0 $0 $0
JIM U MORRISON DIRECTOR 1.00
Director
$0 $0 $0
JIM OVERTON DIRECTOR 1.00
Director
$0 $0 $0
STEVEN M RANEY DIRECTOR 1.00
Director
$0 $0 $0
BARBARA RYALS DIRECTOR 1.00
Director
$0 $0 $0
PATRICK SOBERS DIRECTOR 1.00
Director
$0 $0 $0
KIM SWEERS DIRECTOR 1.00
Director
$0 $0 $0
JULIE WOOLEY DIRECTOR TO 6/2025 1.00
Director
$0 $0 $0
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
2025 $41,320,097 $34,324,763 $320,179,762 $6,995,334
2024 $43,785,413 $28,251,742 $274,181,553 $15,533,671
2023 $34,168,930 $32,131,114 $234,732,542 $2,037,816
2022 $40,611,141 $28,061,941 $205,001,241 $12,549,200
2021 $23,012,513 $20,283,992 $188,563,792 $2,728,521
2020 $11,058,279 $32,695,389 $146,514,741 $-21,637,110
2019 $21,063,763 $37,550,850 $151,069,771 $-16,487,087
2018 $24,822,415 $20,364,448 $146,656,299 $4,457,967
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