The Karen Wyckoff Rein in Sarcoma Foundation (RIS) is a Minnesota 501(C)3 non-profit organization. RIS is a professional supported volunteer organization. RIS tracks disbursements in three general categories: research and education, patient and family support, and general/administrative expenses. In February, the Foundation made $135,000 in gifts to the University of Minnesota Foundation in support of sarcoma research and education. This reflects about the same level of support provided in 2015. During 2016, the Foundation spent $97,000 in cash and many volunteer hours on patient and family support, including our events and the Red Flags and Sarcoma Notebook programs. Finally, the Foundation spent about $61,000, or about 21% of total receipts, on general and administrative expenses, including improvements to our volunteer data base system and assistance received from our new development director and support staff. Read our 2016 Treasurer's report.
All members of its Board of Directors serve without compensation. The Board has instituted a "Conflict of Interest and Discharge of Duties" policy to protest the interests of RIS to fully carry our its mission. A copy of this policy can be secured by emailing the Foundation's President.
In November of 2014 RIS again earned the Charities Review Council's "Meets Standards" designation. Read more about this designation and its importance to donors. See more detailed financial statements and our annual reports.