A GLIMMER OF HOPE INC
Mission Statement
Glimmer of Hope, a Pittsburgh-based breast cancer foundation was started by Diana Napper in 1994 to honor the wishes of her best friend, Carol Jo Weiss Friedman, who lost her battle with the disease in 1990. Diana promised that she would pursue her dream as a jewelry designer and open a jewelry business that would fund a hospice in Carol Jo’s name. Diana created a pin using a Swarovski teardrop crystal, symbolizing the pain and emotion that she and her friend had endured, and completed the design by topping it with a pearl to symbolize the hope for a cure. As the dream evolved, Diana realized that her mission was to create a venue to support breast cancer patients and their loved ones. With that as her goal, the Glimmer of Hope Foundation was born. It remains a grass roots effort as a 501c3 nonprofit organization with a staff of 50 volunteers committed to the fight against breast cancer through cancer research and programs, and most importantly, studies in premenopausal breast cancer, as breast cancer in younger women tends to be more aggressive. Through fundraising events and the generous support of many people, businesses, sports celebrities and sports organizations, over 4.2 million dollars for breast cancer projects has been donated to Allegheny Health Network, Magee Women’s Research Institute, the Hillman Cancer Center, and Allegheny General Hospital. The Glimmer of Hope Foundation has received tremendous support because of the transparency of the programs it supports, the satisfaction people receive from seeing their contributions at work, and the knowledge that the fund raised stay in Pittsburgh. This year, over $500,000 will be distributed in Western Pennsylvania to breast cancer research programs and equipment purchases.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.6% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 10.0% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
7.1% | 10.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
51.4 mo | 11.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.3% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.5% | 92.2% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
27.8% | -1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $371K | $268K | $1.1M | 84.6% | 1 |
| 2023 | $257K | $166K | $998K | 87.2% | 1 |
| 2022 | $247K | $242K | $908K | 76.3% | 2 |
| 2021 | $245K | $254K | N/A | — | 1 |
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