2026-01-05T17:47:11-07:00 2025-06-30 990 2024-07-01 450544575 PINK FUND INC PINK 2487248949 30300 Telegraph Rd Ste 230 Bingham Farms MI 48025 Molly MacDonald President 2485055222 2026-01-03 1 2024 2025-03-06 01:10:19Z Molly MacDonald 30300 Telegraph Rd Ste 230 Bingham Farms MI 48025 2756871 0 X www.pinkfund.org X 2006 MI The mission of The Pink Fund is to improve the lives of people in treatment for breast cancer, and their families, by paying their household bills, community engagement, and education. 8 7 10 45 11074 0 2066734 2540909 0 0 56659 21441 -85199 -139550 2038194 2422800 1210349 1480227 0 0 857286 734890 0 0 524465 483536 768257 2551171 2983374 -512977 -560574 1911418 1737648 400025 566032 1511393 1171616 X To mitigate the financial burdens of breast cancer patients in active treatment by providing a bridge between hardship and recovery via direct non-medical financial assistance, financial navigation, health literacy and education. 1 0 1954164 1316283 0 Our major program pays normal living expense of breast cancer patients whose income is affected by diagnosis and treatment but are expected to return to work. Grantees submit their bills and Pink Fund pays their creditors directly for up to three months, up to $3,000 total. In this fiscal year, Pink Fund paid a portion of the necessary living expenses of 744 breast cancer patients in 51 states and territories by paying their creditors directly for: Housing - $483,969, Utilities - $344,292, Transportation - $461,874, and Medical Insurance - $26,148 276730 163944 0 The Mary Herczog Fund is for metastatic breast cancer patients who are not expected to return to work. Grantees submit their bills and the Pink Fund pays their creditors directly for up to 6 months, up to $6,000. In this fiscal year, Pink Fund paid a portion of the necessary living expenses of 66 breast cancer patients in 30 states by paying their creditors directly for: Housing - $99,364, Utilities -$45,815, Transportation - $14,985 and Medical Insurance - $3,780 113484 0 11074 Our Real Hope Now Patient Advocacy and Education Program provides education through social media posts, Public Service Announcements and online materials targeting breast cancer patients with education on topics to help avert the financial burdens they may experience. This year, Pink Fund added the online publication of a quarterly magazine, Breast Cancer Wellness, providing articles on health and financial issues of interest to breast cancer patients. 0 0 0 2344378 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 16 0 1 10 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 AK AL AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X X X Thomas Pettit 2487248949 30300 Telegraph Rd Ste 230 Bingham Farms MI 48025 Molly MacDonald President, Director, CEO 60 0 X X X X 184800 0 5544 Thomas Pettit Secretary and Comptroller 30 0 X 63000 0 0 Ashley Hjelle Treasurer and Director 2 0 X X 0 0 0 Fran Parsons Vice President & Chairman 10 0 X X 0 0 0 Marcela Mazo Canola MD Director 1 0 X 0 0 0 Gissoo DeCotiis Director 1 0 X 0 0 0 Heidi Floyd Director 1 0 X 0 0 0 Linda Ross JD Director 1 0 X 0 0 0 Dan Sherman Director 1 0 X 0 0 0 Wanda Hammoud Director 1 0 X 0 0 0 247800 0 5544 1 1 1 0 0 1913 0 464536 0 0 2074460 50408 2540909 0 0 0 0 0 24024 24024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 139204 0 141787 0 -2583 0 -2583 -2583 0 0 36860 464536 189484 -152624 0 -152624 4800 2800 2000 2000 0 0 0 0 0 0 0 0 11074 0 11074 0 11074 2422800 23441 11074 -152624 0 0 1480227 1480227 0 0 0 0 253227 157305 38625 57297 0 0 0 0 409473 299005 4351 106117 19446 13920 815 4711 9896 4394 944 4558 42848 30708 1577 10563 0 0 0 0 0 0 0 0 59824 15253 35479 9092 0 0 0 0 0 0 5424 0 5424 0 36415 0 415 36000 266440 134607 479 131354 135611 25912 3373 106326 125667 96440 4377 24850 0 0 0 0 54438 32414 4852 17172 36762 26604 297 9861 0 0 0 0 4667 3598 0 1069 3983 0 3983 0 0 0 0 0 30265 23873 5901 491 3483 48 3387 48 Registration Fees, Reference Books, Donations 5278 70 252 4956 2983374 2344378 114531 524465 X 273 250 125873 65563 938506 702408 1474 5038 0 0 0 0 0 0 0 0 26697 36347 295987 52641 213705 243346 370930 465212 0 0 0 0 0 55462 233960 164022 1911418 1737648 39789 72995 126276 114015 0 0 0 0 0 0 0 0 0 215000 0 0 233960 164022 400025 566032 X 165100 106121 1346293 1065495 1511393 1171616 1911418 1737648 X -560574 25458 292645 0 0 -97306 X 1 1 1 0 X 1529900 1530388 3129922 2066734 2540909 10797853 0 0 0 0 0 0 0 0 0 0 0 1529900 1530388 3129922 2066734 2540909 10797853 2819702 7978151 6615 11092 18660 17930 24024 78321 0 0 0 0 11074 11074 0 -20877 -19678 38729 -129183 -131009 10756239 0 0.74172 0.76051 X Schedule A, Part II, Line 10 Other income is from fundraising events, shown less expenses. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 200000 8108 0 0 0 208108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5866 2488 3378 0 290121 50153 239968 243346 Operating Lease Right-of-use Assets 164022 164022 0 Operating Lease Right-of-use Liabilities 164022 164022 2682932 0 292645 0 0 292645 2390287 0 32513 32513 2422800 3071276 0 0 0 97306 97306 2973970 0 9404 9404 2983374 Schedule D, Part V, Line 4 Endowment Funds - The intended use of the Endowment funds is to retain the principal of the fund to provide stability to the balance sheet of the Organization. Schedule D, Part XI, Line 4b Amounts included on Form 990 Part VIII, line 12 but not on line 1 (per Audited Financial Statements): Investment Income 24,024; Sales of Securities, net -2,583; Advertising Income 11,074; Auditor Rounding -2; Subtotal to Line 4b 32,513 Schedule D, Part XII, Line 2d Amounts included on line 1 but not on Form 990, part IX, line 25 Advertising Expenses reported on Form 990T $97,306 Schedule D, Part XII, Line 4b Amounts included on Form 990 Part IX but not on line 1; Investment Management Fees Auditor included in Income 5,424; Interest Expense Auditor did not include in Functional Expenses 3,982; Auditor Rounding -2; Subtotal to Line 4b 9,404; Note: The format of this reconciliation has changed to match the auditor's classifications of revenue and expenses from the current year's financial statements which are different from the prior year. Dinner - Fundraiser 501396 464536 36860 2400 0 4000 65358 4725 113001 0 0 501396 464536 36860 2400 0 4000 65358 4725 113001 189484 -152624 1 Financial aid to breast.cancer patients 810 1480227 0 Schedule I, Part I, Line 2 All recipients must qualify before payments are disbursed. Qualification guidelines are posted on The Pink Fund website under a "Get Help" heading. Once applicants review these guidelines and decide to move forward, the website prompts them to answer a few pre-qualification questions. If the answers to these questions match our guidelines, they receive the application to download, print out, fill in and mail in, or submit entirely online. They are also provided with a list of supporting documents, all of which must accompany the application. The application and documents are reviewed internally for accuracy and completeness. Complete applications that meet the qualification guidelines are reviewed monthly by a Committee of completely independent people, often composed of nurses, educators, lawyers, engineers, social workers and breast cancer survivors. The committee makes the final determination as to whether grants are made and for what amount. The Pink Fund President and Treasurer then review the findings of the Committee and direct payments to be made directly to the recipients' creditors. No money is sent directly to the successful applicants. The total monthly amount paid out is based on a Board-approved, overall monthly budget for program grants. X X X X X X 0 0 0 0 0 0 0 0 0 Molly MacDonald President, Director, CEO 184800 0 0 0 0 0 5544 0 0 0 190344 0 0 0 Molly MacDonald Officer, CEO 190344 payment as employee 0 Thomas Pettit Officer, Comptroller 63000 payment as contractor 0 Schedule L, Part IV Molly MacDonald and Thomas Pettit are married X 2 50408 sale at market value 0 0 0 1 Schedule M, Part I, Line 32b Pink Fund uses the services of Charles Schwab to evaluate and sell securities Form 990, Part III, Line 2 The Pink Fund purchased and, since then, publishes quarterly, an online magazine, Breast Cancer Wellness, providing articles on health and financial issues of interest to breast cancer patients. Form 990, Part VI, Section A, Line 1a The Board of Directors is composed of Officers and Directors. Only Directors are allowed to vote. Those Board members who are both Officers and Directors have one vote only, by virtue of being a Director. Form 990, Part VI, Section A, Line 2 Molly MacDonald, President and CEO, and Thomas Pettit, Secretary and Comptroller, are married. Form 990, Part VI, Section B, Line 11b A copy of the completed Form 990 and related schedules are provided to all officers and directors for review 5 days prior to the filing of the return. The documents are sent to them via email with a read-receipt request. Form 990, Part VI, Section B, Line 12c The conflict of interest policy is reviewed on an annual basis by officers and directors who certify they are in compliance. The document is also provided to new officers and directors when they are elected, for review, disclosure and signature. Officers and Directors are bound by the policy to disclose a possible conflict when it arises. Form 990, Part VI, Section B, Line 15 Comparable compensation data for similar organizations directly benefiting breast cancer patients in addition to local 501(c)3 organizations of similar size are reviewed by independent directors as support for decisions made regarding the President's compensation and that of key personnel, on an annual basis. Form 990, Part VI, Section C, Line 19 The latest audited financial statement and 990 are available on the website, PinkFund.org. Form 1023 and the Bylaws, including the conflict-of-interest policy, are available on request. Form 990, Part X, Line 22 lines 27 - 33 - In the current year, The Pink Fund adopted the reporting requirements of ASC 958, therefore last year's figures are posted on lines 29 - 33 and this years figures are posted on lines 27,28,32, and 33. Form 990, Part XI, Line 9 Other Changes in Net Assets of -97,306 are expenses related to Advertising Revenue reported on Part VIII, line 11a and also on Form 990Tas Unrelated Taxable Income.