PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY Charity Report

Public IRS 990 nonprofit record

PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY

EIN 47-3355381 · Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)

What they do

THE PARKER INSTITUTE for CANCER IMMUNOTHERAPYS (PICI) MISSION is to ACCELERATE THE DEVELOPMENT of BREAKTHROUGH IMMUNE THERAPIES to TURN ALL CANCERS INTO CURABLE DISEASES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.43%of revenue went to mission work90.3% of expenses · Program services

0.32%of revenue went to fundraising0.4% of expenses

$30.24spent for every $100 of revenueRevenue covered expenses this year.

7.61%of revenue went to management and office costs9.4% of expenses

$5.24in assets for every $1 spent this yearSome assets cannot be spent right away.

24.9%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $927,546 for JOHN CONNOLLY PHD (CHIEF SCIENTIFIC OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$66,947,169

Mission workProgram services$49,160,57873.43% of revenue90.3% of expenses

ManagementOffice and general costs$5,093,5707.61% of revenue9.4% of expenses

FundraisingAsking for donations$216,8860.32% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$12,476,13518.64% of revenueShown in gray on the chart

Total expenses$54,471,03481.36% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.3% mission · 9.4% management · 0.4% fundraisingTotal expenses: 81.36% of revenue

2023Expense mix: 87.9% mission · 11.5% management · 0.6% fundraisingTotal expenses: 181.31% of revenue

2022Expense mix: 86.2% mission · 13.7% management · 0.1% fundraisingTotal expenses: 189.94% of revenue

2021Expense mix: 79.0% mission · 20.6% management · 0.5% fundraisingTotal expenses: 30.79% of revenue

2020Expense mix: 84.1% mission · 15.8% management · 0.1% fundraisingTotal expenses: 105.80% of revenue

2019Expense mix: 85.9% mission · 13.9% management · 0.3% fundraisingTotal expenses: 47.93% of revenue

2018Expense mix: 83.4% mission · 16.6% management · 0.0% fundraisingTotal expenses: 58.36% of revenue

2017Expense mix: 88.6% mission · 11.4% management · 0.0% fundraisingTotal expenses: 82.93% of revenue

Money in and money out

Revenue$180,131,815

Expenses$54,471,034

Annual surplus $125,660,781 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$49,160,578 · 90.3% of expenses

Management and office costs$5,093,570 · 9.4% of expenses

Fundraising$216,886 · 0.4% of expenses

See all reported dollar amounts

Revenue$180,131,815

Expenses$54,471,034

Assets$285,156,429

Income$180,131,815

Contributions$44,804,456

Mission work (program services)$49,160,578

Fundraising$216,886

Grants given$209,471,649

Average grant$1,745,597

Management and general$5,093,570

Executive compensation (total)$2,212,224

Accounting fees$379,687

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN CONNOLLY PHDCHIEF SCIENTIFIC OFFICER · 40 hrs/week $927,546Base $855,710 · Other $71,836

KEVIN MARKSCHIEF LEGAL OFFICER · 40 hrs/week $912,919Base $840,863 · Other $72,056

UTE DUGAN MDCHIEF MED. OFFICER THRU 6/24 · 20 hrs/week $820,319Base $715,023 · Other $105,296

TARAK MODYCHIEF BUSINESS OFFICER · 40 hrs/week $704,146Base $632,310 · Other $71,836

SHANE CORCORANSENIOR VP, STRAT. OPS. & COMMS · 40 hrs/week $700,400Base $669,429 · Other $30,971

SARA COBLINSR VP FINANCE & ADMIN. · 40 hrs/week $614,697Base $564,812 · Other $49,885

MARKO SPASICSR MEDICAL DIR, HEAD OF MED · 40 hrs/week $427,249Base $418,090 · Other $9,159

CHRISTEN DIPETRILLOHEAD OF INTELLECTUAL PROPERTY · 40 hrs/week $426,351Base $354,287 · Other $72,064

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

JOHN CONNOLLY PHDCHIEF SCIENTIFIC OFFICER

KEVIN MARKSCHIEF LEGAL OFFICER

UTE DUGAN MDCHIEF MED. OFFICER THRU 6/24

TARAK MODYCHIEF BUSINESS OFFICER

SHANE CORCORANSENIOR VP, STRAT. OPS. & COMMS

SARA COBLINSR VP FINANCE & ADMIN.

MARKO SPASICSR MEDICAL DIR, HEAD OF MED

CHRISTEN DIPETRILLOHEAD OF INTELLECTUAL PROPERTY

BRUCE PARKER PHDDIRECTOR

BOB HUGINDIRECTOR

TONY COLES MDDIRECTOR

TOM VAN LOBEN SELSTREASURER & DIRECTOR

BOB NELSENDIRECTOR

SUSAN DAWSONSECRETARY

BOB PITTMANDIRECTOR

SEAN N PARKERCHAIR OF THE BOARD & DIRECTOR

SCOTT GOTTLIEB MDDIRECTOR

JEFF HUBERDIRECTOR

REED JOBSDIRECTOR

RAMY IBRAHIM MDDIRECTOR

MICHAEL POLANSKYEXECUTIVE VP & DIRECTOR

BEN HOROWITZDIRECTOR

MARGO GEORGIADISDIRECTOR

ERIC ESRAILIAN MD MPHDIRECTOR

JEFFREY A BLUESTONE PHDVICE CHAIR & DIRECTOR

About this charity

Recognized since: January 2015
Location: 1 LETTERMAN DR STE D3500, SAN FRANCISCO, CA 94129-1504
County: City and County of San Francisco
In care of: % SARA COBLIN
Primary officer: KAREN KNUDSEN, CEO

How to reach them

WebsiteVisit the charity’s website Phone(415) 930-4386

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes