6-759: The Breast Cancer Research Foundation ( BCRF ) is an independent, not-for-profit organization which has raised $ 569.4 million to support clinical and translational research on breast cancer at medical institutions in the United States and abroad. BCRF currently funds over 255 researchers in 14 countries. The BCRF's director of research is Dr. Larry Norton of Memorial Sloan-Kettering Cancer Center . BCRF has funded basic research on genetic susceptibility to breast cancer, breast cancer stem cells , trastuzumab (Herceptin), anti-angiogenesis treatment with bevacizumab (Avastin), MRI imaging, aromatase inhibitors , tamoxifen ; and also clinical trials of new treatments with
12-426: A NPO as they are not formed explicitly for the public good as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs. An NFPO does not have the same obligation as an NPO to serve the public good, and as such it may be used to apply for tax-exempt status as an organization that serves its members and does not have
18-437: Is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization. While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. An NFPO must be differentiated from
24-511: The Translational Breast Cancer Research Consortium . BCRF was founded in 1993 by Evelyn Lauder , Senior Corporate Vice President of The Estee Lauder Companies . Lauder's first foray into breast cancer awareness was through an initiative by herself and Alexandra Penney , former editor of SELF magazine, to make the pink ribbon an international symbol of breast cancer awareness. In 2014,
30-498: The BCRF claimed to direct more than 91 cents of every dollar raised to breast cancer research and breast cancer awareness programs. The organization has been recognized by several charity watchdog organizations, including Candid , Charity Navigator , and CharityWatch . CharityWatch rated BCRF with an A grade in their November 2021 report. Not-for-profit organization A not-for-profit or non-for-profit organization ( NFPO )
36-539: The goal of generating profit. An example of this is a sports club , which exists for the enjoyment of its members and thus would function well as an NFPO, with revenue being re-invested into improving the organization. These organizations typically file for tax exemption in the United States under section 501(c)(7) of the Internal Revenue Code as social clubs. Common ventures for which NFPOs are established include: Charities, as NFPOs, function under
#966033