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Mpm Oncology Impact Fund Charitable Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2016. It holds total assets of $314K. Annual income is reported at $9K. Total assets have grown from $472K in 2019 to $1.1M in 2023. The foundation is governed by 3 officers and trustees. The organization provided grants to further research in the efforts to find a cure for cancer by coordinating its efforts with the American Association for Cancer Research, an organization experienced in identifying, vetting, and supporting cancer research organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Mpm Oncology Impact Fund Charitable Foundation Inc. has made 2 grants totaling $1.6M, with a median grant of $800K. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
The organization provided grants to further research in the efforts to find a cure for cancer by coordinating its efforts with the American Association for Cancer Research, an organization experienced in identifying, vetting, and supporting cancer research organizations.
Expenses: $921K
The management and administrative costs incurred to operate the foundation, directly support, and are necessary to carry out the charitable programs and activities conducted by the foundation.
Expenses: $2K
The organization provided grants to further research in the efforts to find a cure for cancer by coordinating its efforts with the American Association for Cancer Research, an organization experienced in identifying, vetting, and supporting cancer research organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in PA.
Mpm Oncology Impact Fund Charitable Foundation Inc. has distributed a total of $1.6M across 2 grants. The median grant size is $800K, with an average of $800K. Individual grants have ranged from $800K to $800K.
Mpm Oncology Impact Fund Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mpm Oncology Impact Fund Charitable Foundation Inc. is headquartered in BOSTON, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ansbert Gadicke | President | $0 | $0 | N/A |
| Kathy Kates | Secretary | $0 | $0 | N/A |
| Roberto Gomez | Treasurer | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
N/A
Contributions
$1M
Net Investment Income
$2K
Distribution Amount
$8K
Total Grants
2
Total Giving
$1.6M
Average Grant
$800K
Median Grant
$800K
Unique Recipients
1
Most Common Grant
$800K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Association For Cancer ResearchDonation to a domestically registered charitable organization. | Philadelphia, PA | $800K | 2022 |