EIN 13-3573053

Licr Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Licr Fund, Inc. serves as a supporting organization of the Ludwig Institute for Cancer Research Ltd., providing grants and other forms of assistance to facilitate the institute's medical research activities. The non-profit Delaware corporation maintains a diversified portfolio of investments to support the institute annually, which is IRC S exempt.
Related structure
Licr Fund is a subordinate organization under Ludwig Institute for Cancer Research.
Total revenues
$69,314,681
2022
Total expenses
$83,766,381
2022
Total assets
$1,719,889,219
2022
Num. employees
0
2022

Program areas at Licr Fund

Licr Fund, Inc. ("the Fund") is a non-profit Delaware corporation that holds a diversified portfolio of investments from which it provides annual support to the ludwig institute for cancer research ltd ("the institute"). The institute is exempt under irc section 501(c)(3) and is not a private foundation because it is a medical research organization, described in irc section 170(b)(1)(a)(iii), engaged in medical research into the causes and cure of cancer in conjunction with qualified hospitals. In 2022 the Fund provided grants and other assistance directly to the institute in the amount of $76,000,000 to support the institute's medical research activities, including laboratory research and clinical trials.

Who funds Licr Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$67,642
The Humanist TrustGeneral Purpose$5,500

Personnel at Licr Fund

NameTitleCompensation
Edward A. McDermott Jr.President and Chief Executive Officer$0
Thomas BaenningerChief Financial Officer
Rachel ReinhardtSenior Vice President for Communications
Jonathan C.A. Skipper, PhDExecutive Vice President for Technology Development
Kimberly McKinley-ThomasSenior Vice President for Human Resources
...and 13 more key personnel

Financials for Licr Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$47,191
Program services$0
Investment income and dividends$2,295,281
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$66,972,209
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$69,314,681

Form 990s for Licr Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-09990View PDF
2020-122021-11-09990View PDF
2019-122021-02-26990View PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $5,500 from The Humanist Trust
June 19, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Medical research organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technologyHealthDiseases and disorders
Characteristics
Conducts researchOperates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
600 Third Ave 32nd Floor
New York, NY 10016
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ludwigcancerresearch.org/about/ 
IRS details
EIN
13-3573053
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H30: Cancer Research
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Subordinate organization
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