philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Gfyc Foundation INC

Tax-deductible

New York, NY501(c)(3)Foundations & GrantmakersEIN 82-1999192

This page gets seen. Tell your story. Claim this org.

To support all those affected by the diagnosis of cancer. To provide funding for research, financial and psychological support for patients and caregivers alike. To provide hope when they need IT most because "hope is a good thing, maybe even the best of things, and good things never die." - shawshank redemption

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
0 of 4
filings with a surplus
Average deficit $19K a year · 14% of revenue · last 4 filings
Concern: a surplus in 0 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $8K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$209K
+47% vs prior year
Spent
$218K
To programs
74%
Net assets
$110K
By yearFY2020–FY2024
Revenue
$209K
FY2024▲ +47%
Revenue by fiscal year
FY2020$17K
FY2021$79K
FY2022$97K
FY2023$142K
FY2024$209K
Expenses
$218K
FY2024▲ +27%
Expenses by fiscal year
FY2020Not on file
FY2021$84K
FY2022$129K
FY2023$171K
FY2024$218K
Net assets
$110K
FY2024▼ -8%
Net assets by fiscal year
FY2020$185K
FY2021$181K
FY2022$148K
FY2023$119K
FY2024$110K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2019.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $161K Management & general 1% · $2K Fundraising 25% · $55K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Debra Bluman
Director
$0Pt VII · Sec A
Josh Feldman
Director
$0Pt VII · Sec A
Lee Sparaga
Director
$0Pt VII · Sec A
See Gfyc Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides research funding and patient/caregiver support, offering hope to those affected by cancer.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $161K · in their own filed words · FY2024
01

Gfyc foundation raises funds to support other cancer related non-profits including cycle for survival, cancer for college, happiness is camping and grahamtastic connection.

$161Kprogram 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 · FY2022
Ioanna C Moore FoundationFY2022$8K
Barker Family FoundationFY2022$1K
Total grants receivedfrom 2 funders$8K
Grants paid · 12 grants · $453K · 2021–2024
Memorial Sloan-Kettering Cancer CenterNY · FY2024$96,835
Cancer for CollegeCA · FY2024$40,000
Happiness Is Camping INCNJ · FY2024$15,000
Cancer for CollegeCA · FY2023$60,000
Memorial Sloan-Kettering Cancer CenterNY · FY2023$32,500
Memorial Sloan-Kettering Cancer CenterNY · FY2022$47,000
Happiness Is Camping INCNJ · FY2022$40,000
Cancer for CollegeCA · FY2022$35,000
Captain Sandy Yawn INC DBA Captain Sandy's CharitiesFL · FY2022$5,025
Cancer for CollegeCA · FY2021$40,000
Happiness Is Camping INCNJ · FY2021$25,000
Memorial Sloan-Kettering Cancer CenterNY · FY2021$17,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$209K
Ln 12
Gifts and grantsLn 1h$273K
Money outPt IX
$218K
Ln 25
Programscol B$161K
Managementcol C$2K
Fundraisingcol D$55K
Owns and owesPt X
$110K
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$110K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$273K
Fundraising eventsLn 1c$272K
Total revenueLn 12$209K
Assets in detailPt X, end of year
CashLn 1$110K
Cash and savings togetherLn 1–2$110K
Total assetsLn 16$110K
LiabilitiesLn 26$0
Net assetsLn 32$110K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$119K$110K
Total assetsLn 16$119K$110K
LiabilitiesLn 26$0$0
Net assetsLn 32$119K$110K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$157K$157K
Accounting feesLn 11c$2K$2K
Professional fundraising feesLn 11e$55K$55K
Other fees for servicesLn 11g$4K$4K
Other expenses (24a–d)Ln 24$99$99
Total functional expensesLn 25$218K$161K$2K$55K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $209K$218K−$9K$110K 990 PDF
FY2023 $142K$171K−$29K$119K 990 PDF
FY2022 $97K$129K−$32K$148K 990 PDF
FY2021 $79K$84K−$5K$181K 990 PDF
FY2020 $17K$185K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $209,391 across 5 lines filed
VIII-1c Fundraising events$271,641
VIII-1f All other contributions, gifts and grants$1,513
VIII-1h Total contributions, gifts and grants$273,154
VIII-8 Net income from fundraising eventsExcluded from tax −$63,763−$63,763
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$63,763$209,391
Part IX · Statement of functional expenses $218,343 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $156,835$156,835
IX-11c Accounting feesManagement $2,310$2,310
IX-11e Professional fundraising feesFundraising $55,000$55,000
IX-11g Other fees for servicesPrograms $4,099$4,099
IX-24 Other expenses (24a–d)Management $99$99
IX-25 Total functional expensesPrograms $160,934 · Management $2,409 · Fundraising $55,000$218,343
Part X · Balance sheet $109,945 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $118,897$109,945
X-16 Total assetsStart of year $118,897$109,945
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $118,897$109,945
X-33 Total liabilities and net assetsStart of year $118,897$109,945
Part XI · Reconciliation of net assets $109,945 net assets at year end
XI-1 Total revenue$209,391
XI-2 Total expenses$218,343
XI-3 Revenue less expenses−$8,952
XI-4 Net assets at start of year$118,897
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$109,945

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.