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Nonprofit · EIN 81-2849764

GLIOBLASTOMA FOUNDATION INC

Tax-exempt · DURHAM, NC 27705

Financials

$1.7M$1.4M2023$2.1M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of GLIOBLASTOMA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,055,218$1,833,664$221,554$3,662,658$496,171$3,166,487
December 31, 2023990$1,699,784$1,411,492$288,292$2,482,026$0$2,482,026
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,964,537
Program service revenue
$0
Investment income
$2,803
Net gain from sales of assets
-$20,083
Net income from fundraising events
$87,878
Other revenue
$87,878

Expenses

Grants and similar amounts paid
$97,474
Compensation of officers, directors and key employees
$343,048
Other salaries and wages
$313,484
Salaries, compensation and benefits (total)
$696,475
Professional fundraising fees
$0
Legal fees
$109,886
Accounting fees
$33,284
Travel
$69,379
Depreciation
$56,674
Program services (functional)
$1,581,752
Management and general (functional)
$237,982
Fundraising (functional)
$13,930

Balance sheet and other

Total assets, start of year
$2,482,026
Total assets, end of year
$3,662,658
Total liabilities, end of year
$496,171
Net assets, end of year
$3,166,487
Land, buildings and equipment
$147,413
Net assets without donor restrictions
$3,166,487
Gross receipts
$2,251,075
Employees
21
Volunteers
150
Year formed
2016
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GITA KWATRACEO
Trustee or director, Officer
40$291,500$51,548
NEELAM KWATRAPRESIDENT
Trustee or director, Officer
20$0$0
MADAN KWATRATREASURER/SECRETARY
Trustee or director, Officer
4$0$0
CAMERON WESTBOARD MEMBER
Trustee or director
1$0$0
BRIAN AUSTINBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
GITA KWATRACEO
Trustee or director, Officer
40$300,000$36,015
NEELAM KWATRAPRESIDENT
Trustee or director, Officer
20$0$0
MADAN KWATRATREASURER/SECRETARY
Trustee or director, Officer
4$0$0
CAMERON WESTBOARD MEMBER
Trustee or director, Officer
1$0$0
BRIAN AUSTINBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2451 CROASDAILE FARM PKWY STE 109, DURHAM, NC 27705-1466
Principal officer (990 for 2024)
MADAN KWATRA, 2451 CROASDAILE FARM PARKWAY 109, DURHAM, NC 27705
Signed the 990
MADAN KWATRA, SECRETARY/TREASURER
Phone
(919) 309-1489
Return prepared by
WILLIAMS OVERMAN PIERCE LLP

Mission

THE GLIOBLASTOMA FOUNDATION IS DEDICATED TO FINDING A CURE FOR GLIOBLASTOMA BY FUNDING RESEARCH AND DRUG DEVELOPMENT, SUPPORTING PATIENTS AND FAMILIES, AND RAISING NATIONAL AWARENESS OF THIS DEVASTATING BRAIN CANCER. THROUGH THESE INTEGRATED PROGRAMS, THE FOUNDATION ACCELERATES SCIENTIFIC DISCOVERY, EMPOWERS PATIENTS WITH INFORMATION AND RESOURCES, AND EDUCATES THE PUBLIC ABOUT THE URGENT NEED FOR BETTER TREATMENTS AND IMPROVED OUTCOMES.

990 for the year ended December 31, 2024

Program accomplishments

  • RESEARCH AND DRUG DEVELOPMENT:IN 2024, THE GLIOBLASTOMA FOUNDATION ADVANCED ITS RESEARCH MISSION BY ACQUIRING LISAVANBULIN, A PROMISING TARGETED THERAPY FROM BASILEA PHARMACEUTICA, FOR FURTHER CLINICAL DEVELOPMENT IN GLIOBLASTOMA. THIS ACQUISITION MARKED A CRITICAL STEP TOWARD BRINGING PATIENTS NEW, MORE EFFECTIVE TREATMENTS. THE FOUNDATION ALSO SUPPORTED INVESTIGATOR-INITIATED RESEARCH ON MOLECULAR CHARACTERIZATION AND FUNCTIONAL PRECISION ONCOLOGY. ADDITIONALLY, THE FOUNDATION ESTABLISHED GLIOLAB, A CLIA-REGISTERED GENOMIC LABORATORY THAT WILL PROVIDE STATE-OF-THE-ART TESTING TO ACCELERATE DISCOVERY OF TARGETED THERAPIES BASED ON EACH TUMOR'S GENOMIC AND EPIGENOMIC PROFILE.
    Expenses $527,251 · grants $97,474
  • PATIENT SUPPORT AND EDUCATION:THROUGHOUT 2024, THE FOUNDATION PROVIDED SUPPORT SERVICES FOR GLIOBLASTOMA PATIENTS AND CAREGIVERS NATIONWIDE, INCLUDING PERSONALIZED CLINICAL-TRIAL MATCHING, PROFESSIONALLY LED VIRTUAL SUPPORT GROUPS, AND EDUCATIONAL RESOURCES ON TREATMENT OPTIONS AND EMERGING RESEARCH. THESE PROGRAMS EMPOWERED PATIENTS TO MAKE INFORMED CARE DECISIONS AND FOSTERED A SENSE OF COMMUNITY AMONG FAMILIES AFFECTED BY THIS RARE DISEASE. HUNDREDS OF PATIENTS AND CAREGIVERS BENEFITED FROM THESE FREE SERVICES DURING THE YEAR.
    Expenses $527,251
  • PUBLIC AWARENESS AND ADVOCACY:THE FOUNDATION LED NATIONWIDE EFFORTS TO RAISE AWARENESS AND ADVOCACY FOR THOSE AFFECTED BY GLIOBLASTOMA. IN 2024, IT ORGANIZED GLIOBLASTOMA AWARENESS DAY AND CONTINUED THE VOICES OF GLIOBLASTOMA PODCAST WHILE PLANNING TO EXPAND THE SERIES IN FUTURE YEARS TO FEATURE ADDITIONAL PATIENT, CAREGIVER, AND SCIENTIST PERSPECTIVES. THE FOUNDATION ALSO PARTNERED WITH EVENTS SUCH AS THE LOS ANGELES MARATHON TO INCREASE PUBLIC UNDERSTANDING AND SUPPORT FOR RESEARCH. THESE INITIATIVES EDUCATED THOUSANDS AND INSPIRED HOPE WITHIN THE GLIOBLASTOMA COMMUNITY.
    Expenses $527,250

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2849764
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H30)
Assets (IRS master file)
$3,662,658
Income (IRS master file)
$2,251,075

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,055,218$1,833,664$3,662,658XML
990December 2023$1,699,784$1,411,492$2,482,026XML
990December 2022$1,471,550$853,578$1,781,399IRS
990December 2021$1,253,574$703,351$1,523,936IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2849764).

Questions about GLIOBLASTOMA FOUNDATION INC

What is the EIN of GLIOBLASTOMA FOUNDATION INC?
The employer identification number (EIN) of GLIOBLASTOMA FOUNDATION INC is 81-2849764.
Is GLIOBLASTOMA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to GLIOBLASTOMA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLIOBLASTOMA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GLIOBLASTOMA FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLIOBLASTOMA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GLIOBLASTOMA FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MADAN KWATRA.
Who are the officers and directors of GLIOBLASTOMA FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $291,500 (GITA KWATRA, CEO).
How much revenue does GLIOBLASTOMA FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,055,218, expenses of $1,833,664 and total assets of $3,662,658 at year end.

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