ABOUT

Angel Foundation is always seeking new ways to serve the local cancer community by understanding the challenges they face and looking for innovative solutions. We’ve identified a key problem cancer patients face and a potential solution.

 

PROBLEM: The long-term financial burden of cancer

Financial toxicity describes the measurable, negative impact that healthcare costs have on patients. The unpredictable costs of cancer care, often aggravated by loss of income, can devastate patients and their families. In a study of 9.5 million cancer survivors age 50 or older, roughly 42% had exhausted their life savings and all their other assets just two years after diagnosis and 73% of all adult cancer patients will experience some  form of financial toxicity.. 

 

SOLUTION: Financial education and planning

Angel Foundation, in partnership with Ameriprise Financial, Blue Cross Blue Shield of Minnesota and Abbvie and with support from the Financial Planning Association of Minnesota and the Foundation for Financial Planning, is introducing a Financial Cancer Care program pilot that will bring forth a solution for managing cancer related financial toxicity for families in the Twin Cities. The pilot program, for 200 people over two years, will embrace the best practices of existing research, case studies and other programs to have the greatest impact on financial toxicity.

CONTACT

Angel Foundation

Alli Midwinter

612-627-9000  ext. 509

1155 Centre Point Drive, Suite 7

Mendota Heights, MN 55120

Angel Foundation offers local cancer patients and their families financial, educational, social and emotional support. Since 2001, showing a proven approach to addressing critical issues, Angel Foundation has distributed more than $10 million in emergency financial assistance and provided nearly 30,000 program services to local adults with cancer and their families.

PARTNERS

FOUNDING PARTNER

For 125 years, we have remained true to our vision of putting our clients' interests first. We are passionate about helping you live the full and rich life you’ve earned and committed to helping you be brilliant.

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FOUNDING PARTNER

 

For 85 years, Blue Cross and Blue Shield of Minnesota has been dedicated to providing quality, cost-effective health plans and unique health programs. We do this through innovation, leadership, community involvement and by staying true to our mission of making a healthy difference in people’s lives.

FOUNDING PARTNER

 

We target specific difficult-to-cure diseases where we can leverage our core R&D expertise to advance science. We’re constantly working to create solutions that go beyond treating the illness to have a positive impact on patients’ lives, on societies—and on science itself.

PROGRAM PARTNER

 

The Financial Planning Association® (FPA®) is the largest membership organization for CFP® professionals in the U.S. and also includes members who support the financial planning process. 

PROGRAM PARTNER

 

The Foundation for Financial Planning is the nation’s only 501(c)(3) nonprofit charity solely devoted to supporting the delivery of pro bono financial planning. 

Angel Foundation is a 501(c)(3) organization. Your gift is tax-deductible as allowed by law.

Angel Foundation • 1155 Centre Pointe Drive • Suite 7 • Mendota Heights, MN 55120 • EIN: 41-1990883 (612) 627-9000

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