National Foundation for Cancer Research

Rating: 3.91 stars   66 reviews

Issues: Health, Cancer

Location: 4600 East West Highway Suite 525 Bethesda MD 20814 USA

Mission: The National Foundation for Cancer Research (NFCR) was founded in 1973 to support cancer research and public education relating to the prevention, early diagnosis, better treatments and ultimately, a cure for cancer. NFCR promotes and facilitates collaboration among scientists to accelerate the pace of discovery from bench to bedside. NFCR is committed to Research for a Cure - cures for all types of cancers.
Results: 40 years of supporting cancer research! Today, we stand proudly beside more than 11 million cancer survivors living in the United States. Since 1973, we have provided more than $320 million to fund cancer research and prevention education. NFCR has allowed some of the world's brightest scientists to take initial steps toward breakthrough discoveries, laying the groundwork for the development of many of today's most innovative and effective cancer therapies. NFCR is making a difference in the lives of millions of cancer patients and their families worldwide.
Target demographics: The National Foundation for Cancer Research affects people all over the world - we all know someone who has been touched by cancer. Our discoveries in the laboratory turn into life-saving cancer treatments, many of which you read about in the news today! To learn more, visit www.NFCR.org.
Direct beneficiaries per year: cancer patients, survivors and their loved ones
Geographic areas served: cancer research
Programs: funding cancer research programs all over the world.

2013 Top-Rated Nonprofit
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EIN 04-2531031
1-800-321-CURE
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Community Reviews

Rating: 1 stars  

1 person found this review helpful

WOW!!!!

I am shocked to see the news in REUTERS on Friday, May 2 that the FOUNDER of this charity is CHARGED WITH BILKING $25.7 MILLION IN FRAUD SCHEME.

Mr. Franklin Salisbury, Jr. (President & CEO) and Ms. Sujuan Ba (Chief Operating Officer) are HUSBAND & WIFE. Their take home pay is $720,000/year according this charity’s 990 on their website (www.NFCR.org). The Average Gift from a donor for this charity is $18. That means contributions from 40,000 donors (40,000 X $18 = $720,000) is actually going to pay these TWO EXECUTIVES SALARY instead of supporting CANCER RESEARCH. I will NEVER support this charity.

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How likely are you to donate to this group again?

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When was your last experience with this nonprofit?

2013

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Review from Guidestar
Rating: 1 stars  

2 people found this review helpful

Watch out! Fraud Alert!

Founder of the National Foundation for Cancer Research charged with bilking $25.7 million in fraud scheme.

US News

Two charged with bilking hundreds in fraud scheme

Fri, May 02 18:54 PM EDT

CHICAGO (Reuters) - U.S. authorities on Friday charged a California firm with bilking hundreds of investors of almost $26 million in an illegal commodities trading scheme, in a complaint that said one owner used $1 million in victims' funds to invest in a golf course.

Futures regulators and law enforcement agencies froze the assets of Safevest LLC, of Mission Viejo, California. The firm and its owners and officers, Jon Ervin and John Slye, were named in a complaint by the Commodity Futures Trading Commission.

Ervin, who operated the firm, was arrested on a federal wire fraud charge, according to the U.S. Attorney's office for the Central District of California.

In addition to allegedly using victims' funds to invest in a golf course in Georgia, the U.S. attorney said Ervin spent more than $41,000 to buy a sport utility vehicle.

The agencies allege that Safevest solicited some 550 investors to transfer $25.7 million in funds to participate in a commodity-trading pool.

Instead of their promise to deposit customer funds into accounts for trading commodity futures, Safevest "misappropriated virtually all customer funds," the CFTC said.

Many of the fraud victims were parishioners recruited by Slye, an ordained minister and pastor of a church in Washington, D.C., and a founder and former board member of the National Foundation for Cancer Research.

CFTC alleges that Safevest misrepresented to clients that the firm consistently produced daily profits between 0.5 percent to 1.0 percent trading commodity futures on the Chicago Mercantile Exchange.

Besides skimming investor funds to pay their personal expenses, Slye and Ervin allegedly used at least $18.5 million to pay off other pool participants in a manner characteristic of a "Ponzi scheme."

A Ponzi scheme is one that involves paying high returns to investors out of the money paid in by subsequent investors, rather than from actual profits generated by a real business, and encouraging the original investors to find new recruits.

The Securities and Exchange Commission also filed a lawsuit against Safevest and Ervin on Friday.

(Reporting by Ros Krasny; Editing by Leslie Adler)

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Rating: 1 stars  

2 people found this review helpful

As a Financial Advisor, advising many families on living wills and trusts, this charity FAILS every one of our professional standards. Declining investments in "research", increasing costs of fundraising expenses, most research grants are given overseas when money is raised in the U.S. Bad investment, bad charity. This Charity receives an F-rating from nearly all charity watching groups.

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Role: Professional with expertise in this field
Rating: 5 stars  

1 person found this review helpful

As a professional currently working with many different charities, and in my former role on staff at NFCR, I can say without hesitation that this is a charity that makes every attempt to fund the best cancer research in the world. Take a look at the institutions the scientists they fund work for -- Yale, MD Anderson, Dana Farber, Georgetown. The impact of NFCR's work is far reaching, truly global -- and that's a good thing.

This year my business partner was diagnosed with breast cancer and without the assistance of NFCR's leadership team and science network, things could have turned out much different. Thankfully, she now has a clean bill of health except for a year's treatment of Herceptin (a drug which NFCR's funding helped create).

The fact that NFCR spends its money on research in the lab (as opposed to running high-profile awareness events, or courting company sponsorships) is what inspires me to support their mission. The fact that they've had the vision to seek out, and align the efforts of, the best scientists from all over the world shows to me that they know what it takes to accelerate the pace of bringing an end to this terrible disease.

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Rating: 5 stars  

2 people found this review helpful

I am a donor of the National Foundation for Cancer Research. As a cancer survivor and a scientist working in the field of biomedical research, I believe the research funded by this foundation is focused on addressing the key challenges facing the early detection of cancer and the drug resistance problems related to cancer treatment. I make my donations to encourage them to continue doing these research that would give cancer patients more chance to survive longer with improved quality of life.

When was your last experience with this nonprofit?

2014

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Role: Professional with expertise in this field
Rating: 5 stars  

On the Thanksgiving Day in 2014, I am very thankful for being given the opportunity to work at this foundation for 12 years, which has allowed me to make my personal contributions to the field of cancer research that brings clinical benefits to millions of cancer patients in the US and around the world. What I like most about this foundation is its mission to find cures for cancer by doing research and its collaborative approach to speed up the process of translating the research results from laboratories into clinical benefits to cancer patients. Since I joined this foundation in 2002, I have witnessed many research breakthroughs coming out of the research labs funded by NFCR, and more promising research progress will be made in 2015 and beyond. I will continue to work here and keep doing the very best I can to find cures for cancer and to save lives of cancer patients.

When was your last experience with this nonprofit?

2014

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Rating: 1 stars  

3 people found this review helpful

I worked at this organization briefly, realized they really don't care much about cancer but how to connect with privileged people from China and the U.S. Of course, ever since Ba and the president got married, they shifted their focus heavily to China. They spend tons of money on "fundraising" event in Cancun, Mexico, to accommodate government officials from China. And I remember Ba, the wife, who is Chief Operation Officer, only fly non-stop/ first class flight and is member of many luxurious hotels and clubs. They even bring their family businesses at work, asked employees to do paperwork for their son's passport and Chinese visa. They hired some really nice Americans to be the donor relationship officers, who usually make really friendly, nice phone calls to follow up. But remember, this is not the foundation who can fulfill your wish and help cancer research.

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Rating: 1 stars  

2 people found this review helpful

Founder of the National Foundation for Cancer Research charged with bilking $25.7 million in fraud scheme.

US News

Two charged with bilking hundreds in fraud scheme

Fri, May 02 18:54 PM EDT

CHICAGO (Reuters) - U.S. authorities on Friday charged a California firm with bilking hundreds of investors of almost $26 million in an illegal commodities trading scheme, in a complaint that said one owner used $1 million in victims' funds to invest in a golf course.

Futures regulators and law enforcement agencies froze the assets of Safevest LLC, of Mission Viejo, California. The firm and its owners and officers, Jon Ervin and John Slye, were named in a complaint by the Commodity Futures Trading Commission.

Ervin, who operated the firm, was arrested on a federal wire fraud charge, according to the U.S. Attorney's office for the Central District of California.

In addition to allegedly using victims' funds to invest in a golf course in Georgia, the U.S. attorney said Ervin spent more than $41,000 to buy a sport utility vehicle.

The agencies allege that Safevest solicited some 550 investors to transfer $25.7 million in funds to participate in a commodity-trading pool.

Instead of their promise to deposit customer funds into accounts for trading commodity futures, Safevest "misappropriated virtually all customer funds," the CFTC said.

Many of the fraud victims were parishioners recruited by Slye, an ordained minister and pastor of a church in Washington, D.C., and a founder and former board member of the National Foundation for Cancer Research.

CFTC alleges that Safevest misrepresented to clients that the firm consistently produced daily profits between 0.5 percent to 1.0 percent trading commodity futures on the Chicago Mercantile Exchange.

Besides skimming investor funds to pay their personal expenses, Slye and Ervin allegedly used at least $18.5 million to pay off other pool participants in a manner characteristic of a "Ponzi scheme."

A Ponzi scheme is one that involves paying high returns to investors out of the money paid in by subsequent investors, rather than from actual profits generated by a real business, and encouraging the original investors to find new recruits.

The Securities and Exchange Commission also filed a lawsuit against Safevest and Ervin on Friday.

(Reporting by Ros Krasny; Editing by Leslie Adler)

http://mobile.reuters.com/article/domesticNews/idUSN0230678320080502?src=RSS-USN

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Rating: 4 stars  

2 people found this review helpful

My experience has been positive with this charity- I care about research and that is their focus. They respond to my gift promptly and frequently send me updates on progress. I think we need to judge charities on the effectiveness of their stated mission.

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Rating: 1 stars  

3 people found this review helpful

RUN BY A HUSBAND & WIFE (President & CEO) & Chief Operating Officer are HUSBAND & WIFE. They take home $750,000/YEAR, live in an expensive & luxurious home in Bethesda worth millions of dollars. Both are members of several prestigious private clubs in Washington DC and New York. Board Chairman was charged with bilking dozens of individuals on investment fraud schemes.

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