Financials (SOFA)

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Maximizing Donations

Commitment to Transparency and Impact

The Penn State IFC/Panhellenic Dance Marathon strives to maintain its transparency to the public. Because THON is a completely student-run organization, it has a unique ability to maximize each donation, ensuring that no child ever gets denied cancer treatment because the family cannot afford it. With THON’s donations, Four Diamonds at Penn State Health Children’s Hospital can provide each family with access to superior care, comprehensive support, and innovative cancer research.

2023

The following information contains the official Summary of Fundraising Activities for the THON 2023 fiscal year, from July 1, 2022 to June 30, 2023. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University. Two notable aspects of this Summary of Fundraising Activities: 95.84% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $15.1 million in 2023. 96% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2023, only 4 cents were spent to raise every dollar.

 

2022

The following information contains the official Summary of Fundraising Activities for the THON 2022 fiscal year, from July 1, 2021 to June 30, 2022. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University. Two notable aspects of this Summary of Fundraising Activities: 95.68% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $13.8 million in 2022. 95% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2022, only 5 cents were spent to raise every dollar.

2021

The following information contains the official Summary of Fundraising Activities for the THON 2021 fiscal year, from July 1, 2020 to June 30, 2021. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University. Two notable aspects of this Summary of Fundraising Activities: 95.97% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $11.5 million in 2021. 96% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2021, only 4 cents were spent to raise every dollar.

2020

The 2020 SoFA could not be completed due to some issues resulting from the COVID-19 pandemic.

2019

The following information contains the official Summary of Fundraising Activities for the THON 2019 fiscal year, from July 1, 2018 to June 30, 2019. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
90.79% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $10.36 million in 2019.
91% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2019, less than 9 cents were spent to raise every dollar.

2018

The following information contains the official Summary of Fundraising Activities for the THON 2018 fiscal year, from July 1, 2017 to June 30, 2018. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
95.11% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $10.38 million in 2018.
95% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2018, less than 5.5 cents were spent to raise every dollar.

2017

The following information contains the official Summary of Fundraising Activities for the THON 2017 fiscal year, from July 1, 2016 to June 30, 2017. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
94.16% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $10.2 million in 2017.
94.5% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2017, less than 6 cents were spent to raise every dollar.

2016

The following information contains the official Summary of Fundraising Activities for the THON 2016 fiscal year, from July 1, 2015 to June 30, 2016. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
95.56% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $10.7 million in 2016.
95.1% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2016, less than 5 cents were spent to raise every dollar.

2015

The following information contains the official Summary of Fundraising Activities for the THON 2015 fiscal year, from July 1, 2014 to June 30, 2015. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
94.5% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $12.7 million in 2015.
96.2% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. In 2015, less than 4 cents were spent to raise every dollar.

2014

The following information contains the official Summary of Fundraising Activities for the THON 2014 fiscal year, from July 1, 2013 to June 30, 2014. All donations to the Penn State Dance Marathon are tax deductible. Our federal tax ID Number is 24-6000-376. Donations are processed by the Penn State Office of University Development and will be receipted by the University.
Two notable aspects of this Summary of Fundraising Activities:
99.33% Charitable Commitment: The total contributions to Four Diamonds, which exceeded $13.33 million in 2014.
96.09% Fundraising Efficiency: The percentage of private donations remaining after the event management, development and operations expenses to receive them. Last year, less than 4 cents were spent to raise every dollar.

2013

 

2012
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2009
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To ensure that THON is able to donate 96 cents of every dollar raised to Four Diamonds at Penn State Health Children’s Hospital, we heavily rely on donor support. These donations provide us the resources to create endless memories for our Four Diamonds families & foster a deep love & connection to our mission for our volunteers through Pre-THON Events, alternative fundraisers, & THON Weekend.

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