COMMUNITY IMPACT, MISSION & FINANCIALS

Financial Toxicity & It's Community Impact

The Issue

The Issue

The financial burden from cancer resulting from a cancer diagnosis is referred to as financial toxicity. Several studies have been done in recent years to demonstrate that the financial burden of cancer is great and is experienced more deeply by those with metastatic cancer or have a history of cancer because patients with a history of cancer experience greater out-of-pocket costs and are more likely to report being unable to work or have more missed work days than the average individual. Many of these expenses reflect on going care and cost of care for any late or long lasting effects of previous treatment.
Financial Distress from cancer is reported among 49% of advanced stage cancer patients. A study by Duke University found that Cancer doubled your likelihood of filing for bankruptcy.

Factors That Cause Financial Distress:

  • Wage earner status of the affected household member primary, secondary, etc.
  • Pre illness debt load
  • Assets
  • Illness associated costs
  • Out of pocket medical costs
  • The influence of the illness and it's treatment on ability to work
  • The presence and terms of the health and disability insurance of the patient
  • Incomes of others in the household

Our Solution

Our Solution

Beloved Foundation eases the burden for families that are suffering a financial hardship as a result of caring for a loved one with stage 4 or terminal cancer by providing financial and emotional support. We believe that by helping to pay for basic needs, such as rent, utilities and co-pays, that families won’t have the added stress of debt or financial burden now or in the future.

Since we began in 2009, we have given away over half a million dollars in support to families in the Inland Empire, California, often preventing eviction and improving quality of life for the patient and caregiver.

Mission

Hope, Help and Education for Families affected by terminal cancer.

We ease the stress of Cancer today and in the future… by not letting cancer take everything.

Each year, Cancer Attacks, disrupts and destroys millions of lives with little support available to provide day to day living and basic needs for victims who desperately need it during their time of hardship. By reaching out to Stage 4 Cancer patients and caregivers with a unique combination of financial assistance, supportive counsel and resources, Beloved Foundation serves as a link between the temporary situation of distress and a hopeful long term solution. Offering solutions to the seemingly ordinary needs of everyday life is at the core of Beloved Foundation’s Mission to ease the burden on families caring full-time for a loved one with advanced stage cancer.

Our focus is on financial and emotional support because easing financial stress for the stage 4 cancer patient and caregiver is the key to improving overall care and quality of life.

At the Beloved Foundation we imagine a world where all terminal patients and their caregivers can spend their final days together without the fear of insurmountable debt and the threat of losing their jobs, and homes in addition to their loved one. A world where cancer caregivers feel supported with resources for their needs.

Finacials

You don’t just donate to Beloved Foundation. You invest in our financial future. It is through your generous giving that we are able to provide grants and services to stage 4 cancer patients, their caregivers, and their families. In the interest of complete transparency we want you to know exactly how your dollars are invested in the cancer community.

We are able to donate 100% of our online donations to our programs because of our auxiliary store Beloved Couture Bridal. Through the profits of this bridal gown store we are able to cover all of our administrative expenses and general overhead.
Expense Chart — Redlands, CA — Beloved Foundation
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