Better Business Bureau Report for
Snowdrop Foundation

Better Business Bureau Report issued October 2014
Better Business Bureau Report expires October 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Snowdrop Foundation
Address: 7155 Old Katy Road, Suite 270
  Houston, TX 77024
Phone: 713-232-9052
Web Address: http://www.snowdropfoundation.org
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Better Business Bureau Comments

Year, State Incorporated: 2006, Texas
Affiliates: None
Stated Purpose: Provides scholarships for college bound pediatric cancer patients and childhood cancer survivors while raising awareness and funding for continued research to cure childhood cancer.

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Evaluation Conclusions

              

Snowdrop Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

Snowdrop Foundation is dedicated to funding pediatric cancer research. The organization offers scholarships nationwide to childhood cancer survivors and current patients. 2013 highlights include: Snowdrop Foundation awarded 43 Scholarships in the amount of $110,381, Childhood Cancer Research Grants Texas Children’s Cancer Center $100,000, The Chelsey Campbell Research Grant was awarded to Nino Rainusso, M.D. at Texas Children’s Cancer Center and Childhood Cancer Awareness Program $54,939. This year campaign: Snowdrop Foundation had two "Dear Chelsey" movie showings and approximately 300 runners across the nation showed support by wearing Snowdrop shirts and to help raise awareness for Childhood Cancer. Teen Development Programs totaled $10,360 and activities included: Bling for Bravery distributed Race Medals at Texas Children’s Cancer Center, Chelsey’s Annual Easter Egg Hunt on the 9th floor of the Texas Children’s Hospital Cancer Center, Snowdrop Toy Drop and Cancer New Years Party.

For the fiscal year ended August 31, 2014, Snowdrop Foundation's program expenses were:

  
Scholarship Program 165,448
Cancer Research Program 124,000
Awareness Program 106,300
Teen Development Program 10,326
Total Program Expenses: $406,074
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Governance

              

Chief Executive : Trish Kline, Executive Director
Compensation*: 
$26,976

Chair of the Board: Kevin Kline
Chair's Profession / Business Affiliation: Morning show host media

Board Size: 7

Paid Staff Size: 1

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

              

Method(s) Used:

invitations to fund raising events, grant proposals, internet
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $426,704, 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 Snowdrop Foundation's unaudited financial statements for the fiscal year ended August 31, 2014.

Source of Funds  
Fundraising Events 354,492
Public Support 72,212
Other (Interest Income, etc.) 590
Total Income $427,294


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 6%  Administrative: 14% 

Total income $427,294
Program expenses $406,074
Fund raising expenses 30,852
Administrative expenses 72,522
Total expenses $509,448
Expenses in Excess of Income (82,154)
Beginning net assets 120,182
Ending net assets 71,414
Total liabilities
Total assets $71,414


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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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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