Better Business Bureau Report for
Vanessa's Big Heart Foundation, Inc.

Better Business Bureau Report issued June 2011
Better Business Bureau Report expires June 2012


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


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Charity Contact Information

Name: Vanessa's Big Heart Foundation, Inc.
Address: 2710 Cottonwood Walk
  Spring, TX 77388
Phone: 713-303-9524
713-303-3775
Web Address: www.bigheartfoundation.org
Also known as:Vanessa's Big Heart Foundation
VBHF
Big Heart Foundation
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Better Business Bureau Comments

Year, State Incorporated: 2005, Texas
Affiliates: None
Stated Purpose: Committed to funding research into the causes and cures for pediatric heart disease. We also hope to help little kids with Big Hearts better enjoy their lives through Camp Pump It Up and support CCF's online forum for families coping with childhood heart disease.

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Evaluation Conclusions

               

Vanessa's Big Heart Foundation, Inc. meets the 20 Standards for Charity Accountability.
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Programs

               

The Foundation was established with three primary goals: Fund Research, Camp Pump-It-Up, and Support: Fund Research- To help fund the cardiomyopathy genetics clinic established by Texas Children’s Hospital of Houston, Texas. Camp Pump-It-Up- Texas Children’s Hospitals Cardiology clinic sponsors pediatric cardiomyopathy patients to a weekend summer camp each April where they can enjoy some of the “normalcies” of childhood. Support- To support the Children’s Cardiomyopathy Foundation (CCF). CCF’s primary goal is to provide seed funding for research into pediatric cardiomyopathy causes and cures. In 2009, 63 people participated in the Houston Marathon Fundraiser, which raised approximately $27,000.

For the fiscal year ended January 31, 2010, Vanessa's Big Heart Foundation, Inc.'s program expenses were:

  
Texas Children's Hospital (Research) 45,000
Texas Children's Hospital Camp Pump It Up 5,000
Texas Children's Hospital (Luncheon) 309
Total Program Expenses: $50,309
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Governance

               

Chief Executive :
Compensation*:

Chair of the Board: Janie Dale
Chair's Profession / Business Affiliation: Owner, Baby Cha Cha Designs

Board Size: 5

Paid Staff Size: 0

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

               

Method(s) Used:

internet
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $85,230, 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 Vanessa's Big Heart Foundation, Inc.'s unaudited financial statements for the fiscal year ended January 31, 2010.

Source of Funds  
2010 Donations 57,160
2011 Marathon Donation (unearned revenue) 28,070
Investment gain/loss -7,444
2010 Donations (recorded in 2009) -41,522
Total Income $36,264


chart



Uses of Funds as a % of Total Expenses

Programs: 91%  Fund Raising: 8%  Administrative: 1% 

Total income   $36,264
  Program expenses $50,309
  Fund raising expenses 4,411
  Administrative expenses 639
 
Total expenses   $55,359
Expenses in Excess of Income   (19,095)
Beginning net assets   0
Ending net assets   0
Total liabilities   28,070
Total assets   $25,426


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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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