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Nonprofit · EIN 04-3632101

COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION

Also known as WILLIAM H GOODWIN JR MBR

Tax-exempt · RICHMOND, VA 23219

Financials

$102.3M$55.3M2023$25M$56M2024
Revenue Expenses · by fiscal year end
Financials of COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$25,046,690$55,998,011-$30,951,321$50,949,327$96,958$50,852,369
December 31, 2023990$102,323,363$55,264,302$47,059,061$81,899,492$95,802$81,803,690
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,840,729
Program service revenue
$0
Investment income
$4,205,194
Net rental income
$7,419
Net gain from sales of assets
$1,576,972
Other revenue
$767

Expenses

Grants and similar amounts paid
$55,912,005
Compensation of officers, directors and key employees
$27,500
Salaries, compensation and benefits (total)
$27,500
Professional fundraising fees
$0
Accounting fees
$9,000
Program services (functional)
$55,912,005
Management and general (functional)
$86,006

Balance sheet and other

Total assets, start of year
$81,899,492
Total assets, end of year
$50,949,327
Total liabilities, end of year
$96,958
Net assets, end of year
$50,852,369
Land, buildings and equipment
$4,930,984
Publicly traded securities
$28,544,191
Gross receipts
$101,215,924
Employees
0
Volunteers
3
Year formed
2002
State of legal domicile
VA

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 / weekCompensation
JOHN SHERMAN JRDIRECTOR, SECRETARY
Trustee or director, Officer
0.5$15,000
WAYNE L HUNTERDIRECTOR, TREASURER
Trustee or director, Officer
0.5$12,500
WILLIAM H GOODWIN JRDIRECTOR, PRESIDENT
Trustee or director, Officer
0.5$0
ALICE T GOODWINDIRECTOR
Trustee or director
0.5$0
JAMES A JONESTAX OFFICER
Officer
0.5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JOHN SHERMAN JRDIRECTOR, SECRETARY
Trustee or director, Officer
0.5$27,500
WAYNE L HUNTERDIRECTOR, TREASURER
Trustee or director, Officer
0.5$12,500
WILLIAM H GOODWIN JRDIRECTOR, PRESIDENT
Trustee or director, Officer
0.5$0
ALICE T GOODWINDIRECTOR
Trustee or director
0.5$0
JAMES A JONESTAX OFFICER
Officer
0.5$0

Address and contacts

Address (IRS master file)
800 E CANAL ST STE 1900, RICHMOND, VA 23219-3955
In care of
% SHERRY BOWERY
Principal officer (990 for 2024)
WILLIAM H GOODWIN JR, 800 EAST CANAL STREET 1900, RICHMOND, VA 23219
Signed the 990
TRACEY L REUTER, TAX OFFICER
Phone
(804) 643-4200

Mission

TO PROVIDE FUNDING FOR CANCER RESEARCH

990 for the year ended December 31, 2024

Program accomplishments

  • THE CORPORATION IS AN EXEMPT ORGANIZATION UNDER SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE ORGANIZATION PROVIDES SUPPORT FOR IMPROVING CARE AND ADVANCING DISCOVERIES AND NEW TECHNOLOGIES RELATING TO CANCER THROUGH CLINICAL STUDIES AND TRIALS.
    Expenses $55,854,555 · grants $55,854,555
  • THE CORPORATION IS ORGANIZED AS A SUPPORTING ORGANIZATION FOR THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE COMMUNITY FOUNDATION, INC., AN EXEMPT ORGANIZATION UNDER SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
    Expenses $57,450 · grants $57,450

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
04-3632101
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H12)
Assets (IRS master file)
$50,949,327
Income (IRS master file)
$101,215,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$25,046,690$55,998,011$50,949,327XML
990December 2023$102,323,363$55,264,302$81,899,492XML
990December 2022$50,354,014$47,600,088$34,835,660IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 04-3632101).

Questions about COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION

What is the EIN of COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION?
The employer identification number (EIN) of COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION is 04-3632101.
Is COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION 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 COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION 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 COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION 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 COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION?
The 990 for the year ended December 31, 2024 names WILLIAM H GOODWIN JR.
Who are the officers and directors of COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $15,000 (JOHN SHERMAN JR, DIRECTOR, SECRETARY).
How much revenue does COMMONWEALTH FOUNDATION FOR CANCER RESEARCH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $25,046,690, expenses of $55,998,011 and total assets of $50,949,327 at year end.

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