With its origin in pediatric cancer, the William Guy Forbeck Research Foundation promotes advances in cancer Research through collaboration

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$147K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $216K a year · 41% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$147K
to officers and key staff · 49% of spending
Concern: pay to officers and key staff is 49% of spending; over 30%.
Pt VII · Sec A
46 mo
of spending, in cash
Plus $4.3M in investments, Pt X · Ln 11–13
Looks good: 45.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $99K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.07% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$595K
Spent
$300K
To programs
58%
Net assets
$5.5M
By yearFY2020–FY2024
Revenue
$595K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$595K
FY2021$761K
FY2022$161K
FY2023$389K
FY2024$728K
Expenses
$300K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$300K
FY2021$977K
FY2022$755K
FY2023$776K
FY2024$907K
Net assets
$5.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$5.5M
FY2021$5.1M
FY2022$3.7M
FY2023$3.7M
FY2024$3.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $175K Management & general 30% · $89K Fundraising 12% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $147K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$92,892Pt VII · Sec A
$53,800Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director/President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director/Sci. Advisory Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ms Jamie F Collins$121,250$105,000$105,643——
Mrs Jamie F Collins———$95,833$92,892
Mr Aaron Jesser$70,000————
Mr Aaron H Jesser—$65,000$60,000$55,833$53,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See William Guy Forbeck Research Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and encourages cancer research collaboration.

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Provided by the organization

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2 programs · $175K · in their own filed words · FY2020
01

Forbeck Forums & Forbeck Scholar Retreat

Intimate three-day meetings which include "think tanks" for some of the leading international cancer researchers and early-career oncology investigators with great future promise. These events offer educational, career development and networking opportunities.

$169Kprogram expense
02

Scientific Advisory Board (sab)

A small committee of well respected physicians and scientists from the arenas of cancer biology and clinical care, that assist to drive the mission of the foundation. The sab advises the board of directors on the scientific activites of the foundation.

$6Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 1 grant · $576K · 2021–2021
Unitemized GrantFY2021$576,052

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$595K
Ln 12
Investment incomeLn 3$429K
Gifts and grantsLn 1h$164K
Other incomeLn 4–11$2K
Money outPt IX
$300K
Ln 25
Programscol B$175K
Managementcol C$89K
Fundraisingcol D$36K
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$5.5M
LiabilitiesLn 26$4K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$164K
Noncash giftsLn 1g$20K
Fundraising eventsLn 1c$17K
Investment incomeLn 3$429K
Other incomeLn 4–11$2K
Gains on assetsLn 7$353K
Total revenueLn 12$595K
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$4.3M
Total assetsLn 16$5.5M
LiabilitiesLn 26$4K
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 52
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$497K$1.1M
InvestmentsLn 11–13$4.2M$4.3M
Total assetsLn 16$4.7M$5.5M
LiabilitiesLn 26$69K$4K
Net assetsLn 32$4.7M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$147K$93K$23K$31K
Other salaries and wagesLn 7$15K$10K$4K$1K
Payroll taxesLn 10$9K$6K$2K$897
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$29K$29K
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$821$821
Information technologyLn 14$3K$72$3K
TravelLn 17$24K$22K$1K
Conferences, conventions and meetingsLn 19$37K$37K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$12K$8K$3K$472
Total functional expensesLn 25$300K$175K$89K$36K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $728K$907K−$179K$3.6M 990 PDF
FY2023 $389K$776K−$387K$3.7M 990 PDF
FY2022 $161K$755K−$593K$3.7M 990 PDF
FY2021 $761K$977K−$217K$5.1M 990 PDF
FY2020 Viewing $595K$300K$295K$5.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $595,093 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $143,743$164,090
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $365,299$429,409
I-11 Other revenuePrior year $35,863$1,594
I-12 Total revenuePrior year $544,905$595,093
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $113,015$170,373
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $399,930$129,692
I-18 Total expensesPrior year $512,945$300,065
I-19 Revenue less expensesPrior year $31,960$295,028
Part VI · Governance 10 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $595,093 across 8 lines filed
VIII-1c Fundraising events$17,297
VIII-1f All other contributions, gifts and grants$146,793
VIII-1g Noncash contributions (included above)$20,116
VIII-1h Total contributions, gifts and grants$164,090
VIII-3 Investment incomeExcluded from tax $76,480$76,480
VIII-7 Net gain or loss on sales of assetsExcluded from tax $352,929$352,929
VIII-8 Net income from fundraising eventsExcluded from tax $1,594$1,594
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $431,003$595,093
Part IX · Statement of functional expenses $300,065 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $92,660 · Management $23,223 · Fundraising $30,809$146,692
IX-7 Other salaries and wagesPrograms $9,561 · Management $3,678 · Fundraising $1,471$14,710
IX-10 Payroll taxesPrograms $5,831 · Management $2,243 · Fundraising $897$8,971
IX-11c Accounting feesManagement $14,000$14,000
IX-11f Investment management feesManagement $29,181$29,181
IX-12 Advertising and promotionManagement $9,142$9,142
IX-13 Office expensesManagement $821$821
IX-14 Information technologyManagement $72 · Fundraising $2,531$2,603
IX-17 TravelPrograms $22,129 · Management $1,450$23,579
IX-19 Conferences, conventions and meetingsPrograms $37,030$37,030
IX-23 InsuranceManagement $1,736$1,736
IX-24 Other expenses (24a–d)Programs $8,006 · Management $3,122 · Fundraising $472$11,600
IX-25 Total functional expensesPrograms $175,217 · Management $88,668 · Fundraising $36,180$300,065
Part X · Balance sheet $5,473,961 assets, 10 lines filed
X-2 Savings and temporary cash investmentsStart of year $497,348$1,143,559
X-9 Prepaid expenses and deferred chargesStart of year $58,907$74,190
X-11 Publicly traded securitiesStart of year $4,169,387$4,256,212
X-16 Total assetsStart of year $4,725,642$5,473,961
X-17 Accounts payable and accrued expensesStart of year $68,695$3,680
X-26 Total liabilitiesStart of year $68,695$3,680
X-27 Net assets without donor restrictionsStart of year $4,656,947$5,390,281
X-28 Net assets with donor restrictions$80,000
X-32 Total net assets or fund balancesStart of year $4,656,947$5,470,281
X-33 Total liabilities and net assetsStart of year $4,725,642$5,473,961
Part XI · Reconciliation of net assets $5,470,281 net assets at year end
XI-1 Total revenue$595,093
XI-2 Total expenses$300,065
XI-3 Revenue less expenses$295,028
XI-4 Net assets at start of year$4,656,947
XI-5 Net unrealized gains (losses) on investments$510,306
XI-6 Donated services and use of facilities$8,000
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,470,281

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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