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Ludwig Institute For Cancer Research Ltd

Ludwig Institute For Cancer Research Ltd

New York, NY 10017
Tax ID23-7121131

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About this organization

Revenue

$66,568,790

Expenses

$83,729,729

Website

ludwigcancerresearch.org

Mission

Ludwig Cancer Research is a global community of leading scientists pursuing innovative ways to prevent and control cancer. We combine basic research with the ability to translate discoveries and conduct clinical trials to accelerate the development of new cancer diagnostics and therapies. The Ludwig Institute for Cancer Research Ltd, established by American businessman Daniel K. Ludwig in 1971, is an international not-for-profit which has invested over $1.7 billion in cancer research. The LICR Fund, Inc., valued at $1.2 billion, manages the Institute’s assets. Ludwig Centers and Ludwig professorships have been established at six leading U.S. Institutions with endowments from the Virginia and D.K. Ludwig Fund for Cancer Research.

About

Laboratory research leading to clinical applications - see schedule O

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “The ludwig institute for cancer research ltd is an international not-for-profit organization committed to preventing and controlling cancer through integrated laboratory and clinical research.”.

When referring to its tasks, they were described as: “The ludwig institute for cancer research ltd is a global non-profit institute committed to improving the under- standing & control of cancer through laboratory and clinical research.”.

  • The non-profit's address for the year 2020 is listed as 666 Third Avenue 28th Floor, New York, NY, 10017 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 171 employees.
  • The non-profit has loans as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$17,160,939.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization has a written policy that delegates the management duties.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 6 independent voting members.
  • The organization was formed in 1971.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $31,845,210 in salary, compensation, and benefits to its employees.
  • The organization pays $1,731,530 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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