Financials

Most of the Foundation's revenue is generated through our signature fundraising activity, where each volunteer, in an act of solidarity, shows support for children with cancer by shaving their head.

Special events were reinvented virtually during the pandemic, and while volunteer activity is slowly picking up again, the impact of the pandemic continues to be felt.

In 2022 however, St. Baldrick's volunteers continued to return and fundraising picked up significantly. With the increased fundraising, the Foundation’s program expense ratio (the percentage of our total revenue directed to our mission) improved a remarkable 10%. And many of our key supporters, including restaurants, schools, first responders and hospitals — all heavily impacted during COVID-19 — look forward to returning in 2023. 

Despite these challenges, St. Baldrick's honored all its commitments to researchers throughout the pandemic while awarding new research grants. And while 98% of our grant dollars were awarded to a U.S. research institution in fiscal year 2022, many of our grants involved international collaboration.

We salute the leaders, communities and industries that returned in 2022. And we appreciate their increased generosity, which has enabled more lifesaving research to be awarded this year to conquer kids' cancer!

Read more about the impact of our work, including...

• Increased federal dollars for childhood cancer research as a result of our advocacy accomplishments.
• The effects of improved federal policy around childhood cancer treatment and survival.
• Grants received by researchers because of earlier funding by St. Baldrick's. (Researchers can leverage our grants to receive up to 15 times the original amount of our grant, to build on discoveries!)
• Research progress made possible by St. Baldrick's donors, volunteers, and advocates.

Thank you for protecting the futures of children with cancer!