FY2021 FY2020
Total Revenue* $ 23,556,818 $ 18,773,592
Total Expenses $ 26,457,618 $ 28,669,739
Annual Research Expenses $ 16,553,209 $ 19,760,631
Research Commitments Outstanding $ 35,826,663 $ 43,292,539
Total Net Assets $ 93,039,559 $ 80,740,307

*Total revenue excludes appreciation in fair value of investments of $15,218,970.

The financial performance information for FY21 represents the activity of the Foundation for the period from July 1, 2020 through June 30, 2021.

Financial audit in progress at the time of printing. The audited financial statements of the Lustgarten Foundation are available on our website, www.lustgarten.org, or upon request.

100% OF DONATIONS FUND
pancreatic cancer research.
61% Contributions $14,592,528
20% Gifts-in-kind $4,630,747
14% Investment Income and Royalties $3,252,024
5% Events $1,081,519
62% Research $16,553,209
21% Public Education $5,542,885
10% Fundraising $2,619,459
6% Management & General $1,681,998
1% Professional Education $60,067