Better Business Bureau Report for
Bear Necessities Pediatric Cancer Foundation

Better Business Bureau Report issued October 2012
Better Business Bureau Report expires October 2014


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


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Charity Contact Information

Name: Bear Necessities Pediatric Cancer Foundation
Address: 55 W Wacker Drive Ste. 1100
  Chicago, IL 60601
Phone: 312-214-1200
Web Address: www.bearnecessities.org
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Better Business Bureau Comments

Year, State Incorporated: 1992, Illinois
Affiliates: None
Stated Purpose: Bear Necessities Pediatric Cancer Foundation is a national organization whose mission is to eliminate pediatric cancer and to provide hope and support to those who are touched by it.

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Evaluation Conclusions

              

Bear Necessities Pediatric Cancer Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

Bear Necessities Pediatric Cancer Foundation is a national organization founded in 1992 and has been actively contributing to children stricken with cancer. Bear Necessities’ mission is to eliminate pediatric cancer and to provide hope and support to those who are touched by it which is implemented through its three unique arms of support: Bear Hugs Program: Supports cancer patients (ages 0 –19), as well as their immediate families, that face the many challenges that accompany the diagnosis and treatment of pediatric cancer. Our outreach serves both in state and out of state children that are being treated at one of the nine major Chicago area hospitals with pediatric oncology departments. A Bear Hug is a customized experience that brightens the life of a child going through cancer. The Bear Hugs Program also provides immediate family support for financial burden and essential needs. Bear Discoveries: Each year, medical research grants are awarded nationwide primarily to junior investigative researchers who make meaningful advancements and discoveries towards finding a cure and therapies for various types of pediatric cancer. Bear Empowerment Each year, support service grants are awarded across the nation to pediatric oncology facilities and organizations for programs or projects that directly impact patients, their families and hospital facilities.

For the fiscal year ended June 30, 2011, Bear Necessities Pediatric Cancer Foundation's program expenses were:

  
Salaries 432,202
Family and small miracle grants 240,937
Research Grants 200,000
Support Grants 159,890
Rent and Real Estate 85,061
Depreciation 29,283
Outside Services 25,635
Printing and Reproductions 24,551
Bank Service Charges/Credit Card Fees 11,866
Telecommunications 9,132
Insurance 8,813
Postage and Delivery 8,610
Professional Fees 7,930
Supplies 6,225
Travel and meals 4,575
Licenses and Fees 3,823
Other 2,573
Auto Reimbursements 2,531
Dues and subscriptions 1,529
Training and Education 1,262
Public Relations/Advertising 594
Total Program Expenses: $1,267,022
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Governance

              

Chief Executive : Kathleen Casey, CEO/President/Founder
Compensation*: 
$112,043

Chair of the Board:
Chair's Profession / Business Affiliation:

Board Size: 17

Paid Staff Size: 7

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, television, grant proposals, internet
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $1,493,230, 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 Bear Necessities Pediatic Cancer Foundation's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
Public Support, Contributions 941,388
Fundraising Events 551,842
Total Income $1,493,230


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Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 12%  Administrative: 7% 

Total income $1,493,230
Program expenses $1,267,022
Fund raising expenses 179,960
Administrative expenses 100,903
Total expenses $1,547,885
Expenses in Excess of Income (54,655)
Beginning net assets 1,143,466
Ending net assets 1,184,762
Total liabilities 1,001,766
Total assets $2,186,528


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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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