Bala Cynwyd-based Alex’s Lemonade Stand Foundation will merge with I Care I Cure, a Florida-based nonprofit, to jointly continue their battle against childhood cancer, according to The NonProfit Times.

The two organizations have previously partnered to fund 24 cutting-edge research projects.

“We are seeing more of this consolidation of nonprofits within the childhood cancer community, especially during the pandemic, as an effort to increase awareness and funding while saving resources,” said Liz Scott, founder and co-executive director of Alex’s Lemonade.

She added that both organizations are “deeply committed to funding research info safe, less toxic treatments and the combined strength of our two foundations will help us make a more powerful impact.”

ALSF will manage the operations of the merged entity. The Bala Cynwyd nonprofit is the larger of the two organizations. It reported $26.5 million in revenue in the most recent fiscal year and has awarded more than $19 million in grants. The organization has 50 employees, some of whom it had to furlough recently due to the pandemic.

Meanwhile, ICIC is primarily a volunteer-run organization with a reported total revenue of about $250,000 in 2018.

Read more about the merger at The NonProfit Times by clicking here.

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