GOLD2024

Huntsman Cancer Foundation

aka Huntsman Cancer Institure   |   Salt Lake CIty, UT   |  https://healthcare.utah.edu/huntsmancancerinstitute/foundation/
GuideStar Charity Check

Huntsman Cancer Foundation

EIN: 87-0541293


Mission

Huntsman Cancer Foundation's sole purpose is to raise funds to support the mission of Huntsman Cancer Institute (HCI) in its work to understand cancer from its beginnings, to use that knowledge in the creation and improvement of cancer treatments, to relieve the suffering of cancer patients, and to provide education about cancer risk, prevention, and care. In the global context, HCI has discovered more genes for inherited forms of cancer than any other center in the world. These discoveries cross a broad spectrum of cancers such as breast, ovarian, colon, melanoma, paraganglioma, parathyroid, neurofibromatosis, and more. Whether a patient lives in our region or halfway around the world, our research discoveries have helped, benefitting all.

Ruling year info

1995

President and COO

Ms. Kim Wirthlin

Vice President

Mr. Loren Savage

Main address

500 Huntsman Way

Salt Lake CIty, UT 84108 USA

Show more contact info

EIN

87-0541293

Subject area info

Specialty hospital care

Cancers

Population served info

Age groups

Ethnic and racial groups

Family relationships

Health

Religious groups

NTEE code info

Single Organization Support (H11)

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Cancer Treatment and Care

Utah is our primary catchment area, of which 96% is rural and 70% is frontier. Patients too are referred from across the Mountain West. This includes portions of Idaho, Montana, Nevada, and Wyoming totaling 17% of the U.S. landmass - the largest geographic catchment area of any U.S. cancer center.

Population(s) Served

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Huntsman Cancer Foundation
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 Huntsman Cancer Foundation Audited Financials 2022 2021 Huntsman Cancer Foundation Audited Financials 2021
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.37

Average of 1.56 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

1.7

Average of 12.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Huntsman Cancer Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Huntsman Cancer Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Huntsman Cancer Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Huntsman Cancer Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $67,404,967 $42,408,940 -$100,035,171 $23,541,546 -$106,688,142
As % of expenses 387.6% 146.3% -69.0% 53.1% -109.1%
Unrestricted surplus (deficit) after depreciation $67,404,967 $42,408,940 -$100,035,171 $23,541,546 -$106,688,142
As % of expenses 387.6% 146.3% -69.0% 53.1% -109.1%
Revenue composition info
Total revenue (unrestricted & restricted) $135,595,366 $57,273,253 $25,314,719 $34,840,690 $19,541,609
Total revenue, % change over prior year 325.3% -57.8% -55.8% 37.6% -43.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 1.9% 5.5% 14.8% 9.8% 22.8%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 97.9% 94.1% 84.3% 85.4% 79.6%
Other revenue 0.1% 0.4% 0.9% 4.9% -2.4%
Expense composition info
Total expenses before depreciation $17,392,120 $28,993,046 $144,884,362 $44,327,493 $97,811,195
Total expenses, % change over prior year 54.0% 66.7% 399.7% -69.4% 120.7%
Personnel 11.1% 8.2% 1.8% 5.1% 2.8%
Professional fees 7.4% 2.2% 1.7% 2.4% 1.8%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.8% 0.8%
Pass-through 76.3% 82.3% 96.1% 88.1% 92.2%
All other expenses 5.2% 7.3% 0.4% 3.7% 2.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $17,392,120 $28,993,046 $144,884,362 $44,327,493 $97,811,195
One month of savings $1,449,343 $2,416,087 $12,073,697 $3,693,958 $8,150,933
Debt principal payment $12,997,339 $3,997,506 $5,962,790 $5,398,559 $2,940,007
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $31,838,802 $35,406,639 $162,920,849 $53,420,010 $108,902,135

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 12.8 15.9 2.8 16.8 1.7
Months of cash and investments 72.2 58.8 11.9 56.3 16.1
Months of estimated liquid unrestricted net assets 152.8 108.6 17.2 62.7 15.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $18,620,708 $38,341,698 $33,286,939 $62,191,637 $14,094,950
Investments $86,087,302 $103,715,142 $110,096,230 $145,615,662 $116,989,242
Receivables $115,170,270 $120,422,615 $105,431,861 $58,576,765 $25,366,390
Gross land, buildings, equipment (LBE) $97,911,978 $97,954,343 $0 $0 $0
Accumulated depreciation (as a % of LBE) 3.8% 6.3% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 16.0% 13.1% 16.4% 13.1% 20.2%
Unrestricted net assets $265,802,254 $308,211,194 $208,176,023 $231,717,569 $125,029,427
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $265,802,254 $308,211,194 $208,176,023 $231,717,569 $125,029,427

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President and COO

Ms. Kim Wirthlin

Vice President

Loren Savage

Number of employees

Source: IRS Form 990

Huntsman Cancer Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Huntsman Cancer Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Huntsman Cancer Foundation

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Peter Huntsman

Peter R. Huntsman

Chairman & CEO

Taylor R. Randall

President, University of Utah

A. Scott Anderson

President and CEO, Zions First National Bank

Kim Wirthlin

President and COO, HCF

Thomas E. Muir

VP, Finance and CFO, HCF

Ronald G. Moffitt

Secretary, HCF

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    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? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/7/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 02/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We disaggregate data by demographics, including race, in every policy and program measured.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.