Our Dream : a Cure for Every Child
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I want to be just like my mom someday e love that t. aldrick’s dreams big– ream big with us! - atalie’s family Renee Jacobsen Photography BIG BIG GET INVOLVED POSTER DREAMS $ Donate As a volunteer-driven organization, we’re committed Hang this poster on your wall Volunteer or at your event, add your big to funding the most promising research to find cures for dreams and share with us: childhood cancers and to give survivors long and healthy lives. We’re known for our signature head-shaving events, Plan an Event Twitter instagram (@StBaldricks) and for being the largest non-government funder of Shave in Solidarity facebook /StBaldricksFoundation childhood cancer grants worldwide. We are the clear voice, #ConquerKidsCancer speaking on behalf of children worldwide, partnering with #BraveTheShave families, taking action, being a champion, helping to bring Do What You Want #SBFBigDream about change for the better and influencing decisions that make a real difference. Spread the Word this annual report is dedicated to all who have been touched by childhood cancers. 2014 ANNUAL REPORT Thank you to our 2014 national sponsors! Natalie, 7, with her mother, Tarah Casie Photographics StBaldricks.org facebook.com/stbaldricksfoundation twitter.com/stbaldricks vimeo.com/stbaldricks Download a copy of this annual report, then share with friends: StBaldricks.org/financials 1333 S. Mayflower Ave., Suite 400, Monrovia, CA 91016 USA • 888.899.BALD | 001.626.792.8247 our dream : a cure for every child DEAR FRIENDS, aboutWhile raising money comes thefirst, how the moneyFinancials is used is of utmost importance in the fight against As we present our year in review, we take stock of our progress towards childhood cancers. STATEMENT our ultimate goal. You already know the St. Baldrick’s Foundation doesn’t do things small — except our expenses! We always aim high, OF ACTIVITIES Efficiency, transparency and accountability are For the fiscal year ended June 30, 2014 and our aspiration is to achieve no less than total cures for more than among the top priorities of St. Baldrick’s every 100 forms of cancer that occur in children and young adults. day. The board’s Finance & Investment Committee Total Revenue, and its Audit Committee keep a close eye on Gains and Support $39,176,795 By “cure,” we don’t mean survival alone, although that is surely the foundation’s performance, from cash flow to paramount. By “cure” we mean zero long-term side effects of treatment. investments to expense ratios. We believe a cure for a disease is poor when it leaves one unable to Functional Expenses cross the street alone, or with heart disease or infertility or a host • We work hard to help our volunteers raise as of other impairments and maladies with which many survivors of Program much as they can for childhood cancer research. (childhood cancer childhood cancers are forced to live. The more funds we raise, the higher the research grants, advocacy) $28,726,542 percentage that can go to research grants and As always, our top priority is research. We’re committed to fund every Fundraising advocacy, versus other expenses. (website, T-shirts, posters, stage of research, from “bench to bedside,” for all forms of pediatric credit card processing fees, etc.) $7,042,200 cancers, and to help drive innovation. Of course, our commitment to • We work hard to keep fundraising and excellence by funding only the best research is unwavering. Management and General administrative costs as low as possible. Our (insurance, rent, accounting, audit fees, etc.) $1,364,209 goal is that every dollar spent will help We’re also working more proactively with federal legislators and volunteers raise more money or run a more regulators to improve our national research pipeline, where children effective organization. Total Functional Expenses $37,132,951 with cancer are often the last priority. We’re also engaging our counterparts in the pharmaceutical and biotech industries to identify • And we work hard to ensure that every Change in Net Assets $2,043,844 barriers to drug development and jointly develop initiatives to ensure dollar is spent for the most impact. Without promising research is not abandoned because the right party isn’t smart fundraising and solid management, an Net Assets, beginning of year $13,090,480 at the table. We understand it’s essential to work with industry and organization might have a terrific expense ratio, government, as well as academia, to ensure we’re making real advances. but make little progress in fighting childhood Net Assets, end of year $15,134,324 cancer. And without expert evaluation of grant St. Baldrick’s has pioneered Hero Funds and a partnerships program to applications, we could not assure donors we are enable families and other organizations to tap into our premier peer- funding the most promising research! review research program. This allows scientists to spend more time on research, and by collaborating, we’re able to fund research that may If our expense ratio improves a few percentage not be possible on our own. Even our Do What You Want program for points, but we raise less money as a result, or run an EXPENSE RATIOS individual volunteers allows those wanting to keep their hair to support inefficient organization, we’re doing a disservice to St. Baldrick’s Foundation expenses: the most promising research too. our kids, volunteers and donors. Program You serve a vital role in our quest to expand and improve research to Raising as much as possible, spending as little as conquer childhood cancers, and your support and generosity are never possible, and making the best decisions for taken for granted — thank you. We do hope, however, that you stay with fighting childhood cancer… It’s a balancing act, us from now until the day we achieve the ultimate goal. A young cancer and a challenge we take very seriously, remaining 77.4% patient once said he was so excited to be part of St. Baldrick’s because committed to both success and efficiency. “it means I’m going to get to grow up.” $39,176,795 Thank you for helping to give him, and every child with cancer, the $34,081,644 $40M gift of a future. $33,492,165 Fundraising IN SERVICE, $27,411,426 Amount Raised (USD) Raised Amount $30M Administration $22,211,255 Five Year Growth $20M Charles M. Chamness, Kathleen M. Ruddy, FISCAL YEAR TOTALS 18.9% Board of Directors Chairman Chief Executive Officer (July 1 – June 30) $10M 3.7% BOARD OF DIRECTORS Robert Arceci, M.D., Ph.D. | Joe Bartlett | John R. Bender | Amy Bucher | Charles M. Chamness 2010 2011 2012 2013 2014 For the fiscal year ended June 30, 2014 Bill Gerber | William J. Hogan | Tim Kenny | Mike McCreesh | Enda McDonnell | Kathleen M. Ruddy BOARD MEMBERS EMERITUS An independent audit of St. Baldrick’s Foundation has been performed by RBZ, LLP. A copy of the full financial statement is Francis Feeney | Tom Leonhardt | Jeffrey M. Lipton, M.D., Ph.D. | John McKenna available at StBaldricks.org/financials. We will also gladly send a copy by mail upon request. Please contact Becky Weaver at 626.792.8247, ext. 212 or [email protected]. All funds reflected on this page are listed in U.S. dollars. Craig Mitchelldyer Photography Hayden, 6 Alan, Forever 5 THANK YOU Lauren, 17 Grace, 12 Harlem, 9 2014 Florida, neuroblastoma, no evidence of disease Rhode Island, brain tumor, cancer free Missouri, pre-B acute lymphoblastic leukemia, in treatment California, Hodgkin lymphoma, no evidence of disease (Nov. 7, 2007 – Jan. 17, 2013) Texas, unclassified sarcoma Lauren spent the summer of 2014 as an intern in the lab “Being an Ambassador has reinforced for Grace the When asked what it meant to be a St. Baldrick’s “During Harlem’s time as a St. Baldrick’s Ambassador, We appreciated being able to share Alan’s story AMBASSADORS of St. Baldrick’s Scholar Dr. Dean Lee at MD Anderson value of taking action and finding silver linings,” Ambassador, Hayden replied, “It means being the he began to realize that his journey could be a with a wider audience, having the opportunity keep in Houston, a step toward her goal of becoming a said her mom, Bekah. “We hope her role has King, and it’s good to raise money for research.” blessing to others,” said Harlem’s parents, Lisa his presence with us this year. Seeing Alan’s sweet Our thanks to these families pediatric oncologist and researcher. While Lauren brought more attention to the cause and that she Hayden loves to encourage others to raise money and Weldon. “He has gone from being afraid and face on the St. Baldrick’s banner has been the most for sharing their triumphs and continues to show no evidence of disease, she receives can continue to be a beacon of light…Survivorship for childhood cancer research. One of his favorite victimized by his diagnoses to taking on a leadership precious part of our family’s Ambassador experience, challenges throughout the year. continuing treatment through a research trial for comes with challenges, but to be appreciated Ambassador memories was talking to the crowd at the role in the fight against it. Harlem has addressed not only at events we’ve attended but peeking at us Their strength, dedication and patients with high-risk neuroblastoma in remission. and celebrated in this way makes all things seem Helen Fitzgerald’s event in St. Louis, MO. Hayden’s children in his classrooms, sports teams, church and from events all over the U.S. and even overseas. service are an inspiration. possible.” Grace’s sister Fiona spoke eloquently on mom Jackie says, “We know research will lead us summer camp, educating them on childhood cancer.