Better Business Bureau Report for
Roswell Park Alliance Foundation

Better Business Bureau Report issued July 2013
Better Business Bureau Report expires July 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Roswell Park Alliance Foundation
Address: Elm & Carlton Streets
  Buffalo, NY 14263
Phone: 716-845-4444
Web Address: www.roswellpark.org/giving
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Better Business Bureau Comments

Year, State Incorporated: 1991, New York
Affiliates: None
Stated Purpose: “to further research, treatment and prevention programs through Roswell Park Cancer Institute, while supporting the psychosocial needs of patients and families touched by cancer.”

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Evaluation Conclusions

              

Roswell Park Alliance Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

Roswell Park Alliance Foundation (RPAF) provides funding to scientific research for cancer treatment projects, medical and scientific technology, and capital support for Institute-wide building, clinic, and center growth. The organization states that they also maintain “Quality of Life” programs benefiting patients and families.

For the fiscal year ended March 31, 2013, Roswell Park Alliance Foundation's program expenses were:

  
Grants to benefit Roswell Park Cancer Institute Corporation 8,888,300
Gift shop 348,640
Total Program Expenses: $9,236,940
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Governance

              

Chief Executive : Cindy Eller, Executive Director
Compensation*: 
$210,465

Chair of the Board: Lee Wortham
Chair's Profession / Business Affiliation: Investment Advisor

Board Size: 24

Paid Staff Size: 60

*2012 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Furthermore, CEO Cindy Eller, serves as the Vice President of Development for Roswell Park Cancer Institute where she received an additional $61,731 in reportable compensation from the organization.
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Fund Raising

              

Method(s) Used:

Direct mail, special events, television, radio, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $19,360,241, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Roswell Park Alliance Foundation's audited financial statements for the fiscal year ended March 31, 2012.

Source of Funds  
Contributions 18,904,251
Investment income 1,088,577
Gift shop receipts 455,990
Total Income $20,448,818


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Uses of Funds as a % of Total Expenses

Programs: 66%  Fund Raising: 26%  Administrative: 8% 

Total income $20,448,818
Program expenses $9,236,940
Fund raising expenses 3,703,357
Administrative expenses 1,136,289
Total expenses $14,076,586
Income in Excess of Expenses 6,372,232
Beginning net assets 71,027,104
Other Changes in Net Assets 2,697,854
Ending net assets 80,097,190
Total liabilities 12,612,724
Total assets $92,709,914

Note 1: RPAF reported in its audited financial statements for fiscal year ended March 31, 2012 that it received $845,913 in in-kind donated services, materials, and goods. This amount includes: advertising and development ($241,705); equipment and rentals ($168,174); tickets and gift certificates ($150,001); other miscellaneous ($114,654); food ($96,205); clothing and household goods ($34,273); toys ($20,031); works of art ($18,085); books ($1,945); and autographs ($830). Of the total in-kind revenue $647,206 went towards fundraising expenses.

Note 2: Other expenses refers to $380,157 in gift shop expenses.

Note 3: Other changes in net assets totaled -$434,270. This amount includes: -$306,955 in net realized and unrealized losses on investments and an actuarial loss on split interest agreements of -$127,315.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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