2021-07-26T17:20:55-05:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 1925 CENTURY PARK E 16TH FLOOR LOS ANGELES CA 90067 990 2020-01-01 954596354 TOWER CANCER RESEARCH FOUNDATION TOWE 3102998470 8767 WILSHIRE BLVD 401 NO 401 BEVERLY HILLS CA 90211 LINDA DAVID EXECUTIVE DIRECTOR 3102998470 2021-07-09 1 LINDA DAVID 999009999 TAYIIKA M DENNIS CPA P01575149 3102732501 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINDA DAVID 8767 WILSHIRE BLVD 401 NO 401 BEVERLY HILLS CA 90211 2815385 0 X TOWERCANCER.ORG X 1996 CA INNOVATIVE RESEARCH, COMMUNITY EDUCATION AND CARING PATIENT SUPPORT WHILE DEVELOPING MORE EFFECTIVE TREATMENTS FOR CANCER AND BLOOD DISORDERS. 32 32 14 0 0 0 4097941 2770854 0 0 44603 44531 -403164 -143364 3739380 2672021 569670 830233 0 0 886967 951935 0 0 480989 1141854 1081633 2598491 2863801 1140889 -191780 3940038 3952393 1411855 1340834 2528183 2611559 X TOWER CANCER RESEARCH FOUNDATION PROVIDES GRANTS FOR CLINICAL TRIALS, INNOVATIVE RESEARCH, CARING PATIENT SUPPORT AND COMMUNITY EDUCATION, PRIMARILY IN SOUTHERN CALIFORNIA, TO PROMOTE MORE EFFECTIVE TREATMENTS FOR CANCER AND BLOOD DISORDERS. 0 0 2091658 830233 IN 2020, TOWER FUNDED TWO NEW SENIOR INVESTIGATOR GRANTS WHICH INCLUDED AN ESTEEMED RESEARCHER AT USC RESEARCHING BETTER TREATMENTS FOR THE HARD TO TREAT TRIPLE NEGATIVE BREAST CANCER, AND AN ESTEEMED RESEARCHER AT UCLA RESEARCHING AN INNOVATIVE METHOD TO MAKE IMMUNOTHERAPY MORE EFFECTIVE. TOWER ALSO FUNDED THREE NEW CAREER DEVELOPMENT GRANTS FOR PROMISING YOUNG PHYSICIAN SCIENTISTS LOCATED AT USC, UCLA, CEDARS-SINAI, AND UCI. RESEARCH AREAS FOCUS ON COLORECTAL CANCER, CHEMO RESISTANCE, AND IMPROVING IMMUNOTHERAPY TREATMENT IN BREAST CANCER. AND IN ADDITION, TOWER CONTINUED FUNDING ON SIX MULTIYEAR SENIOR INVESTIGATOR GRANTS. TOTAL GRANT EXPENDITURES TOPPED $1,400,000. INVESTING IN NOVEL IDEAS OF YOUNG INVESTIGATORS ALLOWS US TO LEVERAGE OUR DONOR DOLLARS TO HAVE MAXIMUM IMPACT. IN 2020 ALONE, OUR PREVIOUS CAREER DEVELOPMENT GRANTEES WENT ON TO EARN OVER $6.5 MILLION IN ADDITIONAL FUNDING FROM THE RESEARCH DATA CREATED UNDER OUR GRANT PROGRAM.TOWER'S MAGNOLIA HOUSE OFFERS FREE EVIDENCE BASED PSYCHOSOCIAL PATIENT SUPPORT PROGRAMS AS AN INTEGRAL PART OF ONE'S QUALITY CANCER TREATMENT AND SURVIVORSHIP CARE. IN 2013, TOWER CANCER RESEARCH FOUNDATION'S MAGNOLIA PATIENT SUPPORT PROGRAM OFFERED 19 CLASSES PER MONTH AND HAD 500 VISITS IN THE FIRST YEAR. IN 2020, TOWER'S MAGNOLIA HOUSE PATIENT SUPPORT PROGRAM OFFERED OVER 130CLASSES/SERVICES PER MONTH AND RECEIVED OVER 15,000 PARTICIPANT VISITS PER YEAR. ADDITIONALLY, IN RESPONSE TO THE COVID NATIONAL PANDEMIC, TOWER TRANSFERRED NEARLY ALL IN PERSON CLASS TO THE ONLINE FORMAT WHICH HAS NOT ONLY EXPANDED THE DEMOGRAPHICS IN WHICH WE SERVICE BUT WE HAVE ALSO BEEN ABLE TO INCREASE OUR CLASS CAPACITIES. EVEN WITH AN INCREASE IN CLASS CAPACITIES, OVER 70% OF OUR CLASSES HAD A WAIT LIST WHICH HIGHLIGHTS BOTH THE QUALITY IN THE PROGRAMS WE OFFER AND THE VOID THAT EXIST, ESPECIALLY WITH THE ISOLATION MANY CANCER PATIENTS ARE EXPERIENCING DURING COVIDS. PARTICIPANTS VIEW MAGNOLIA HOUSE PATIENT SUPPORT PROGRAM AS A LIFELINE THAT PROVIDES NOT ONLY ENHANCED QUALITY OF LIFE BUT A COMMUNITY OF FRIENDSHIP, ENCOURAGEMENT, AND COMFORT AS WELL. TOWER'S COMMUNITY PARTNERSHIP GRANT REVIEW COMMITTEE IS COMPOSED OF EXPERT VOLUNTEERS WHO REVIEW APPLICATIONS IN DEPTH AND THEN MEET TO DISCUSS GRANT APPLICATIONS FROM CANCER SUPPORT ORGANIZATIONS ACROSS SOUTHERN CALIFORNIA. IN 2020 WE RECEIVED 34 APPLICATIONS, A RECORD NUMBER. WE FUNDED 14 DIFFERENT ORGANIZATIONS, ALSO A RECORD NUMBER IN ONE YEAR. ALL APPLICATIONS WERE WORTHY OF FUNDING, SO IT WAS A VERY CHALLENGING DECISION. THE 14 ORGANIZATIONS COVER A DIVERSE GROUP OF CANCER SUPPORT SERVICES AND DEMOGRAPHICS RANGING FROM CHILDHOOD CANCER, MEAL DELIVERY, AND GRIEF SUPPORT TO CANCER SUPPORT COUNSELING, ORGANIZATIONS THAT WORK WITH UNDERSERVED AND MINORITY POPULATIONS IN SOUTHERN CALIFORNIA, AND LEGAL RESOURCES AS THEY RELATE TO COVID-19 AND CANCER. AFTER RIGOROUS REVIEW AND RECOMMENDATION FROM THE GRANT REVIEW COMMITTEE, TOWER FUNDED 14 ORGANIZATIONS TOTALING $210,000 IN COMMUNITY PARTNERSHIP GRANTS WHICH INCLUDED: BREAST CANCER ANGELS, BUMBLEBEE FOUNDATION, CALIFORNIA HEALTH COLLABORATIVE, CELEBRATE LIFE CANCER MINISTRY, CENTER FOR PSYCHOLOGY OF CANCER (FRAN'S PLACE), CHILDREN'S HOSPITAL LOS ANGELES DISABILITY RIGHTS LEGAL CENTER, MEMORIAL CARE, OUR HOUSE GRIEF SUPPORT CENTER, PROJECT ANGEL FOOD, THE HEART TOUCH PROJECT, THE PABLOVE FOUNDATION, UCLA JONSSON CANCER CENTER FOUNDATION (SIMMS/MANN UCLA CENTER FOR INTEGRATIVE ONCOLOGY), AND VIETNAMESE AMERICAN CANCER FOUNDATION. 2091658 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 1 14 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LINDA DAVID 3102998470 8767 WILSHIRE BLVD 401 NO 401 BEVERLY HILLS CA 90211 DONNA ROSEN CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 ABBY LEVY PAST CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 NANCY MISHKIN PAST CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 SOLOMON I HAMBURG MD PHD PRESIDENT 5.00 X X 0 0 0 DAVID SPINGARN TREASURER 2.00 X X 0 0 0 LARRY ROSENSTEIN SECRETARY 2.00 X X 0 0 0 SUZANNE ASHERSON CFG PRESIDENT 2.00 X X 0 0 0 SHELLEY WARSAVSKY MAGNOLIA COUNCIL CHAIRMAN 2.00 X X 0 0 0 CATHY DEROY MAGNOLIA COUNCIL PRESIDENT 2.00 X X 0 0 0 FRED ROSENFELT MD VP SCIENTIFIC AFFAIRS 2.00 X X 0 0 0 ELIZABETH DRUCKER DIRECTOR 2.00 X 0 0 0 KAREN ROSENFELT BLANCATO DIRECTOR 2.00 X 0 0 0 HILTON CHODOROW DIRECTOR 2.00 X 0 0 0 ROBERT DECKER MD DIRECTOR 2.00 X 0 0 0 LINDA LEVENSON DELSACK DIRECTOR 2.00 X 0 0 0 CASEY FEDERMAN DIRECTOR 2.00 X 0 0 0 KATHY GALLAGHER DIRECTOR 2.00 X 0 0 0 BETH GOREN DIRECTOR 2.00 X 0 0 0 BETTY HAAGEN DIRECTOR 2.00 X 0 0 0 RANDY KATZ DIRECTOR 2.00 X 0 0 0 MERYL KERN DIRECTOR 2.00 X 0 0 0 SUSAN KREVOY PHD DIRECTOR 2.00 X 0 0 0 GLEN LEVANT DIRECTOR 2.00 X 0 0 0 ALAN D LEVY DIRECTOR 2.00 X 0 0 0 SALLY MAGARAM DIRECTOR 2.00 X 0 0 0 JEANNE SCHNITZER MARKS DIRECTOR 2.00 X 0 0 0 PHILOMENA MCANDREW MD DIRECTOR 2.00 X 0 0 0 ANDREW RAINES DIRECTOR 2.00 X 0 0 0 BARRY ROSENBLOOM MD DIRECTOR 2.00 X 0 0 0 NANCY ROSENFELT DIRECTOR 2.00 X 0 0 0 SHERIE SCHNEIDER DIRECTOR 2.00 X 0 0 0 DAYLE ZUKOR DIRECTOR 2.00 X 0 0 0 LINDA DAVID EXECUTIVE DIRECTOR 40.00 X 215008 0 31061 215008 0 31061 1 0 1 0 0 1622824 1148030 2770854 44531 44531 0 1622824 143364 -143364 -143364 2672021 0 0 -98833 830233 830233 256270 102508 51254 102508 571761 295489 96431 179841 62319 32398 10596 19325 61585 29561 11085 20939 59003 17237 37514 4252 97844 74249 7034 16561 46575 21729 4310 20536 55181 41386 5518 8277 477968 358476 47797 71695 3833 1192 596 2045 146316 109737 14632 21947 35523 28711 3406 3406 OUTREACH PROGRAMS 145912 145912 FUNDRAISING EXPENSE 8098 8098 MISCELLANEOUS 5380 2840 981 1559 2863801 2091658 291154 480989 485749 334743 1046697 625600 79010 90206 1251816 770516 624095 481300 1704487 2420544 3940038 3952393 171855 132734 10000 350300 1230000 857800 1411855 1340834 X 135612 681491 2392571 1930068 2528183 2611559 3940038 3952393 -191780 275156 0 X X 0 1 X 1 0 X 2506895 2352399 3720525 4097941 2679554 15357314 2506895 2352399 3720525 4097941 2679554 15357314 274501 15082813 70436 56397 39144 44603 44531 255111 15612425 2314408 0.96610 0.97020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 883113 424393 458720 368703 346123 22580 481300 PLEDGES PAYABLE 710000 SBA PPP LOAN 147800 857800 X PART X, LINE 2: TOWER CANCER RESEARCH FOUNDATION FILES IRS FORM 990 AND STATE FORMS 199 AND RRF-1. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. TOWER CANCER RESEARCH FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT OF TOWER CANCER RESEARCH FOUNDATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. GALA 948444 948444 17328 80043 LUNCHEON 347927 347927 27347 18646 3 326453 326453 1622824 1622824 44675 98689 143364 -143364 0 UNIVERSITY OF SOUTHERN CALIFORNIA 3500 S FIGUEROA STREET STE 102 LOS ANGELES CA 900898001 951642394 500000 SCIENTIFIC RESEARCH - JOHN CARPTEN UC REGENTS LOS ANGELES 405 HILGARD AVENUE BOX 957089 1125 MURPHY HALL LOS ANGELES CA 900957089 956006144 500000 SCIENTIFIC RESEARCH - LILI YANG UNIVERSITY OF SOUTHERN CALIFORNIA 3500 S FIGUEROA STREET STE 102 LOS ANGELES CA 900898001 951642394 100000 SCIENTIFIC RESEARCH - ER TORRES UNIVERSITY OF CALIFORNIA IRVINE 120 THEORY SUITE 200 LOS ANGELES CA 926971050 952540117 100000 SCIENTIFIC RESEARCH - WENQI WANG CEDARS SINAI MEDICAL CENTER 8700 BEVERLY BLVD 65-WIL 1150 LOS ANGELES CA 90048 951644600 100000 SCIENTIFIC RESEARCH - JUN GONG CITY OF HOPE 1500 EAST DUARTE ROAD DUARTE CA 91010 953435919 50000 COMMUNITY OUTREACH ST JOHN'S HEALTH FOUNDATION 2121 SANTA MONICA BLVD SANTA MONICA CA 90404 956100079 40000 COMMUNITY OUTREACH UNIVERSITY OF SOUTHERN CALIFORNIA 3500 S FIGUEROA STREET STE 102 LOS ANGELES CA 900898001 951642394 40000 COMMUNITY OUTREACH CAMP KESEM 10586 W PICO BLVD 196 LOS ANGELES CA 90064 510454157 25000 COMMUNITY OUTREACH OUR HOUSE 1663 SAWTELLE BLVD SUITE 300 LOS ANGELES CA 90025 330529915 20000 COMMUNITY OUTREACH PROJECT ANGEL FOOD 922 VINE STREET LOS ANGELES CA 90038 954115863 15000 COMMUNITY OUTREACH CELEBRATE LIFE CANCER MINISTRY 2313 WEST 109TH STREET INGLEWOOD CA 90303 200421253 10000 COMMUNITY OUTREACH RIP MEDICAL DEBT 80 THEODORE FREMD AVENUE RYE NY 105802891 471442997 10000 COMMUNITY OUTREACH BUMBLE BEE FOUNDATION 4035 E THOUSAND OAKS BLVD STE 235 THOUSAND OAKS CA 91362 452442151 10000 COMMUNITY OUTREACH CITY OF HOPE 1500 EAST DUARTE ROAD DUARTE CA 91010 953435919 -689767 SCIENTIFIC RESEARCH - DR. YU X 0 0 0 0 0 0 0 0 0 LINDA DAVID EXECUTIVE DIRECTOR 215008 0 0 0 0 0 0 0 31061 0 246069 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARRIED COUPLES: ALAN D & ABBY LEVY FRED & NANCY ROSENFELT FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C CONSISTENT MONITORING AND ENFORCEMENT FORM 990, PART VI, SECTION B, LINE 15 REVIEW AND APPROVAL BY BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 2C THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES OVERSIGHT OVER THE AUDIT PROCESS AND REVIEWS AND APPROVES THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.