BBB Wise Giving Report for
St. Baldrick's Foundation

BBB Wise Giving Report issued October 2010
BBB Wise Giving Report expires October 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: St. Baldrick's Foundation
Address: 1333 S. Mayflower Avenue, Suite 400
  Monrovia, CA 91016
Phone: 888-899-2253
626-792-8247
Web Address: www.StBaldricks.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2004, New Jersey
Affiliates: None
Stated Purpose: "to fund research to find cures for childhood cancers and give survivors long and healthy lives."

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Evaluation Conclusions

              

St. Baldrick's Foundation (St. Baldrick's) meets the 20 Standards for Charity Accountability.
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Programs

              

St. Baldrick's Foundation seeks to promote increased awareness about childhood cancer through charitable fundraising that supports research to help fight childhood cancer. The organization’s most notable fundraising event seeks volunteer "shavees" who are shorn bald in solidarity for children with cancer who typically lose their hair during treatment. Friends and family members of the shavees "sponsor" their shaving with gifts of financial support to the St. Baldrick's Foundation. The organization’s priorities of awareness include both prevention (reducing late effects by changing current therapies) and intervention (treating patients who already have late effects).

For the fiscal year ended June 30, 2010, St. Baldrick's's program expenses were:

  
Childhood cancer research 15,163,476
Total Program Expenses: $15,163,476
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Governance

              

Chief Executive : Kathleen Ruddy, Executive Director
Compensation*:
$210,949

Chair of the Board: John R. Bender
Chair's Profession / Business Affiliation: President

Board Size: 9

Paid Staff Size: 28

*July 1, 2009- June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Print advertisements, television, radio, grant proposals, internet appeals, door to door, cause-related marketing
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $22,112,847, 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 St. Baldrick's's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Contributions 21,780,089
Contributed services and goods 332,758
Dividend and interest income 2,839
Total Income $22,115,686


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Uses of Funds as a % of Total Expenses

Programs: 78%  Fund Raising: 19%  Administrative: 3% 

Total income   $22,115,686
  Program expenses $15,163,476
  Fund raising expenses 3,736,208
  Administrative expenses 660,258
 
Total expenses   $19,559,942
Income in Excess of Expenses   2,555,744
Beginning net assets   6,319,864
Ending net assets   8,875,608
Total liabilities   14,949,765
Total assets   $23,825,373

Note: St. Baldrick's consolidated financial statements for the fiscal year ending June 30, 2010 reports gifts of in-kind income of $283,870 (primarily relating to public relations, advertising and attorney services) and $48,888 (items for auction or raffle and donated furniture).

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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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