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Breast Cancer Research Foundation Organization Name provided in the GuideStar Exchange* as of 02/04/2015: Breast Cancer Research Foundation

Organization Name as listed in the IRS Business Master File as of 02/09/2015: BREAST CANCER RESEARCH FOUNDATION INC

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AKA  BCRF
New York, NY
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2014, 2013, and 2012 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Breast Cancer Research Foundation Organization Name provided in the GuideStar Exchange* as of 02/04/2015: Breast Cancer Research Foundation

Organization Name as listed in the IRS Business Master File as of 02/09/2015: BREAST CANCER RESEARCH FOUNDATION INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: BCRF
Physical Address: New York, NY 10022 
EIN: 13-3727250
Web URL: www.bcrfcure.org 
NTEE Category: H Medical Research
H30 Cancer Research
H Medical Research
H12 Fund Raising and/or Fund Distribution
G Disease, Disorders, Medical Disciplines
G30 Cancer
Ruling Year: 1993 


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Mission Statement

The Breast Cancer Research Foundation® was founded in 1993 by the late Evelyn H. Lauder as an independent, not-for-profit 501(c) (3) organization dedicated to funding innovative clinical and translational research. The Foundation supports scientists at top universities and academic medical centers worldwide conducting the most advanced and promising breast cancer research that will lead to prevention and a cure in our lifetime.  Currently, 91 cents of every dollar spent by BCRF is directed towards breast cancer research and awareness programs.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses

(GuideStar Exchange,
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February 2015)

Fiscal Year Starting: July 1, 2013
Fiscal Year Ending: June 30, 2014

Total Revenue $59,457,531
Total Expenses $67,090,741

Revenue & Expenses

(GuideStar Exchange,
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February 2015)

Fiscal Year Starting: July 1, 2013
Fiscal Year Ending: June 30, 2014

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

Financial Statements

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Annual Reports

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Leadership

(GuideStar Exchange,
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February 2015)

Mrs. Myra J. Biblowit

Profile:

Myra J. Biblowit, President, has over 20 years of experience in the nonprofit arena. Her strong fundraising and leadership skills combined with her management experience at top not-for-profit institutions are integral to the Foundation's growth. She has held senior positions at The Central Park Conservancy, The American Museum of Natural History, and New York University School of Medicine.

Board Chair (GuideStar Exchange,
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February 2015)

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Board Co-Chair (GuideStar Exchange,
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February 2015)

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Board of Directors (GuideStar Exchange,
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February 2015)

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Board Leadership Practices (GuideStar Exchange,
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February 2015)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in February 2015

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Programs

Program: Breast Cancer Research Foundation (BCRF) Research Grant Program (GuideStar Exchange,
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February 2015)

Budget:
$47,000,000
Category:
None
Population Served:
Females, all ages or age unspecified
None
None

Program Description:

The Breast Cancer Research Foundation’s grant application process is overseen by a voluntary group of renowned breast cancer research experts who comprise the BCRF Board of Scientific Advisors.  These Advisors invite proposals from deserving scientists who are pursuing new and creative projects related to breast cancer prevention, diagnosis and treatment, and in need of critical seed funds.  This Board reviews the proposals and submits an approved roster to the BCRF Board of Directors for funding authorization.  The average size of each annual grant is $250,000. Grant recipients are required to provide both narrative and financial progress reports twice a year.

Program Long-Term Success:

Program Short-Term Success:

Program Success Monitored by:

Research progress and achievements are monitored by the Breast Cancer Research Foundation’s Scientific Advisors, experts who review funded projects on an ongoing basis and evaluate progress reports submitted semi-annually by each grantee.  The second installment of each grant is contingent upon the Advisors’ approval of narrative and financial progress reports.   BCRF’s fiscal efficiency is monitored by independent auditors as well as external agencies, such as Charity Navigator, CharityWatch, and the Philanthropic Advisory Service of the Better Business Bureau.

Program Success Examples:

Through its grant process, BCRF funds some of the world’s most promising breast cancer research.  Grant recipients engaged in a wide variety of research areas have made significant accomplishments that are laying the foundation for breast cancer prevention and cure. These accomplishments include the development of new drugs and treatment methods; the discovery of genetic markers for breast cancer; the detection of fundamental properties of breast cancer “stem” cells, or tumor-origination cells; the inception and completion of national and international breast cancer clinical trials; and the discovery of links between breast cancer risk and lifestyle factors, such as diet and exercise. Projects supported by BCRF grants have helped save lives and significantly improved the quality of care and survivorship for tens of thousands of breast cancer patients in the more than 20 years since the organization was founded in 1993.  The research itself has revealed that "cure" is a mosaic made up of as many approaches to diagnosing, treating, preventing and surviving as there are different types of breast cancer.
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Impact Summary from the Nonprofit

In 2014-2015, BCRF is investing $47 million to more than 220 scientists across the United States and in Australia, Canada, Latin America, China, Africa, the Middle East, and throughout Europe, for innovative new directions in translational and clinical research on breast cancer prevention and treatment. With exceptionally low administrative costs, BCRF continues to be one of the most efficient organizations in the country.  The Foundation is consistently listed as an "A+" charity by CharityWatch, formerly known as The American Institute of Philanthropy, and is the only breast cancer organization to hold this ranking. In recognition of BCRF’s exceptional efficiency, Charity Navigator has recently renewed the Foundation’s 4-star rating, the twelfth such designation since 2002.
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Reviews

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