Better Business Bureau Report for
Snowdrop Foundation

Better Business Bureau Report issued April 2012
Better Business Bureau Report expires April 2013


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: 2310 Upland Park Drive
  Sugar Land, TX 77479
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: Snowdrop Foundation's mission is to provide funding for continued research to eliminate childhood cancer and scholarships for college bound pediatric cancer patients and survivors.

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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 assisting patients and families at Texas Children's Cancer Center. The organization offers scholarships to these patients. Snowdrop Foundation awarded 20 scholarships in 2009. In addition, in 2009, they donated $50,000 to Texas Children's Hospital and Teen Development.

For the fiscal year ended December 31, 2010, Snowdrop Foundation's program expenses were:

  
Cancer research 130,000
Scholarships 76,250
Snowdrop foundation documentary 22,100
Snowdrop teen program 6,114
Total Program Expenses: $234,464
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Governance

               

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

Chair of the Board: Kevin Kline, President
Chair's Profession / Business Affiliation:

Board Size: 8

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
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $294,560, 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 audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Contributed support 294,560
Total Income $294,560


chart



Uses of Funds as a % of Total Expenses

Programs: 78%  Fund Raising: 9%  Administrative: 13% 

Total income   $294,560
  Program expenses $234,464
  Fund raising expenses 26,134
  Administrative expenses 37,367
 
Total expenses   $297,965
Expenses in Excess of Income   (3,405)
Beginning net assets   63,039
Ending net assets   59,634
Total liabilities   130,000
Total assets   $189,634


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Complaints

               

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