Better Business Bureau Report for
Snowdrop Foundation

Better Business Bureau Report issued October 2013
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: Snowdrop Foundation
Address: 7155 Old Katy Road, Ste 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:
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 to nation wide to childhood cancer survivors and current patients. In 2012, Snowdrop Foundation awarded 45 Scholarships in the amount of $139,281. In addition, $100,000 Grant to Nino Rainusso, M.D at Texas Children's Hospital. Teen Development activities. Our Childhood Cancer Awareness Program had 4 Dear Chelsey movie showing across the country.

For the fiscal year ended August 13, 2012, Snowdrop Foundation's program expenses were:

  
Scholarships 139,281
Cancer research 100,000
Other program expenses 61,988
Total Program Expenses: $301,269
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Governance

              

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

Chair of the Board: President Kevin Kline
Chair's Profession / Business Affiliation: KKBQ Cox Radio Houston Radio Host 93Q

Board Size: 9

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, radio, internet
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $300,102, 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 IRS Form 990 for the fiscal year ended August 13, 2012.

Source of Funds  
Other revenue, including fundraising events 300,102
Contributions and grants 5,000
Total Income $305,102


chart



Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 9%  Administrative: 12% 

Total income $305,102
Program expenses $301,269
Fund raising expenses 34,029
Administrative expenses 46,053
Total expenses $381,351
Expenses in Excess of Income (76,249)
Beginning net assets 116,186
Ending net assets 39,937
Total liabilities
Total assets $39,937


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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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