BBB Wise Giving Report for
Children's Brain Tumor Foundation

BBB Wise Giving Report issued April 2008
BBB Wise Giving Report expires April 2010


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: Children's Brain Tumor Foundation
Address: 274 Madison Avenue
Suite 1004
  New York, NY 10016
Phone: 212-448-9494
Web Address: www.cbtf.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1989, Delaware
Affiliates: None
Stated Purpose: "To improve the treatment, quality of life and the long term outlook for children with brain and spinal cord tumors though research, support, education, and advocacy to families and survivors."

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Evaluation Conclusions

               

Children's Brain Tumor Foundation (CBTF) meets the 20 Standards for Charity Accountability.
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Programs

               

CBTF grants funding to research scientists to research the causes and effective treatments for pediatric brain and spinal cord tumors. CBTF offers a toll-free support line where families may speak with pediatric oncology social workers. Programs including “Parent-to-Parent Network” allow families to share their experiences with those having similar concerns. CBTF hosts and sponsors events, such as the “Kids Cruise” and “Brain Tumor Week at Camp Sunshine”, which offer families fun while building relationships within the community.

For the fiscal year ended December 31, 2006, CBTF's program expenses were:

  
Program services 1,058,576
Total Program Expenses: $1,058,576
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Governance

               

Chief Executive : Joseph B. Fay, Executive Director
Compensation*:
 $12,500

Chair of the Board: Robert M. Budlow
Chair's Profession / Business Affiliation: Still Motion Media

Board Size: 15

Paid Staff Size: 5

*2006 compensation includes salary and, if applicable, benefit plans, expense accounts, and other allowances. Former Executive Director Judy Harley received $135,088 in 2006
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, newletter
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $1,400,003, 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 CBTF's audited financial statements for the fiscal year ended December 31, 2006.

Source of Funds  
Special events 815,943
Contributions 584,060
Investment Income 210,239
Total Income $1,610,242


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Uses of Funds as a % of Total Expenses

Programs: 74%  Fund Raising: 18%  Administrative: 8% 

Total income   $1,610,242
  Program expenses $1,058,576
  Fund raising expenses 261,329
  Administrative expenses 121,291
 
Total expenses   $1,441,196
Income in Excess of Expenses   169,046
Beginning net assets   1,767,540
Ending net assets   1,936,586
Total liabilities   248,486
Total assets   $2,185,072


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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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