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Health : Medical Research

The Hope Foundation

The philanthropic arm of SWOG, a national cancer research cooperative group that leads patient-centered clinical trials.

four stars

90.35

24 Frank Lloyd Wright Drive P.O. Box 483
Ann Arbor, MI 48105
tel: (734) 998-6888   Web Site
EIN: 74-2655302

Board Leadership
Charles D. Blanke
Chair

CEO
Johanna Horn
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 90.35 four stars
  Financial 86.36 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Hope Foundation was established in 1993 to support SWOG's mission to eradicate cancer through cancer clinical trials and education. The Hope Foundation has directed approximately $21million toward the support of new and continuing SWOG initiatives in clinical research, education, training, professional development, group meetings, international summits, biostatistical technology and Group infrastructure. SWOG conducts adult cancer clinical trials in prostate, breast, lung, leukemia, gastrointestinal, melanoma, genitourinary, lymphoma, and myeloma, and leads key basic science and genomic medicine investigations in bettering treatments.

The Hope Foundation was established in 1993 to support SWOG's mission to eradicate cancer through cancer clinical trials and education. The Hope Foundation has directed approximately $21million toward the support of new and continuing SWOG initiatives in clinical research, education, training, professional development, group meetings, international summits, biostatistical technology and Group infrastructure. SWOG conducts adult cancer clinical trials in prostate, breast, lung, leukemia, gastrointestinal, melanoma, genitourinary, lymphoma, and myeloma, and leads key basic science and genomic medicine investigations in bettering treatments.

Impact Information

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Reported Results
Total in 2017
Total number of grants awarded
56
Total dollar amount of grants awarded
2,426,930
Number of groups/individuals benefiting from tools/resources/education materials provided
1,680
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

86.36

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.5%
  Administrative Expenses 11.9%
  Fundraising Expenses 0.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 2.96
  Program Expenses Growth 1.9%
  Liabilities to Assets 56.4%
All data for Financial Performance Metrics calculations was provided by The Hope Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Hope Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Hope Foundation (MI) 90.35 four stars
Children's Tumor Foundation (NY) 87.86 three stars
Huntington Medical Research Institutes (CA) 87.05 three stars
Tisch MS Research Center of New York (NY) 90.78 four stars
Be The Match Foundation (MN) 89.42 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,105,300
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $3,671,598
Total Contributions $4,776,898
   Program Service Revenue $2,063,475
Total Primary Revenue $6,840,373
   Other Revenue $1,872,777
TOTAL REVENUE $8,713,150
   
EXPENSES  
   Program Expenses $6,964,191
   Administrative Expenses $1,074,147
   Fundraising Expenses $47,862
TOTAL FUNCTIONAL EXPENSES $8,086,200
   
Payments to Affiliates $0
Excess (or Deficit) for the year $626,950
   
Net Assets $23,369,750

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Support Cancer Research Groups $6,091,447 87.5%
Support Costs of Group Meetings of Southwest Oncology Group $872,744 12.5%

Ratings History
The Hope Foundation has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 12/01/2019 90.35 four stars
2017-12 12/21/2018 94.69 four stars
2016-12 04/01/2018 94.69 four stars
2015-12 05/01/2017 94.69 four stars
2014-12 06/01/2016 90.10 four stars
 
CN 2.0
2014-12 12/22/2015 91.14 four stars
2013-12 07/01/2015 94.63 four stars
2012-12 05/01/2014 94.82 four stars
2012-12 12/01/2013 93.15 four stars
2011-12 06/01/2013 93.16 four stars
2010-12 02/01/2013 93.28 four stars
2010-12 03/01/2012 90.99 four stars
2009-12 09/20/2011 86.21 three stars
 
CN 1.0
2009-12 04/01/2011 82.64 three stars
2008-12 05/01/2010 89.87 three stars
2007-12 07/01/2009 86.79 three stars
2006-12 11/01/2008 85.10 three stars
2005-09 02/01/2007 57.76 one star
2004-09 10/01/2005 70.36 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 74-2655302
Name in IRS Master File THE HOPE FOUNDATION
NTEE Code G99
NTEE Classification Diseases, Disorders, Medical Disciplines N.E.C.
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1993
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$167,172 2.06% Johanna R. Horn President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Hope Foundation (MI) 90.35 four stars
Vascular Cures (CA) 90.94 four stars
NephCure Kidney International (PA) 89.79 three stars
Moffitt Cancer Center Foundation (FL) 85.57 three stars
Hearing Health Foundation (NY) 91.16 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Hope Foundation
24 Frank Lloyd Wright Drive
P.O. Box 483
Ann Arbor, MI 48105
tel: (734) 998-6888
fax: (734) 998-7181
EIN: 74-2655302

Visit Web Site

Board Leadership

Charles D. Blanke
Chair

CEO

Johanna Horn
President & CEO

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