BBB Wise Giving Report for
Children's Brain Tumor Foundation

BBB Wise Giving Report issued June 2010
BBB Wise Giving Report expires June 2012


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: 866-228-4673
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 long term outlook for children with brain and spinal cord tumors through 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. The organization offers a toll-free support line where families may speak with pediatric oncology social workers. Programs such as the “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 year ended December 31, 2008, CBTF's program expenses were:

  
Program services 1,024,360
Total Program Expenses: $1,024,360
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Governance

               

Chief Executive : Joseph B. Fay, Executive Director
Compensation*:
 $164,435

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

Board Size: 13

Paid Staff Size: 6

*2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 23% of related contributions. (Related contributions, which totaled $1,733,777, 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 year ended December 31, 2008.

Source of Funds  
Special events (net) 1,013,785
Contributions 719,992
Investments -618,957
Total Income $1,114,820


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Uses of Funds as a % of Total Expenses

Programs: 65%  Fund Raising: 25%  Administrative: 10% 

Total income   $1,114,820
  Program expenses $1,024,360
  Fund raising expenses 398,112
  Administrative expenses 157,590
 
Total expenses   $1,580,062
Expenses in Excess of Income   (465,242)
Beginning net assets   1,672,178
Ending net assets   1,206,936
Total liabilities   158,615
Total assets   $1,365,551


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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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