BBB Wise Giving Report for
United States Fund for UNICEF

BBB Wise Giving Report issued November 2010
BBB Wise Giving Report expires November 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: United States Fund for UNICEF
Address: 125 Maiden Lane, 10th Floor
  New York, NY 10038
Phone: 212-686-5522
866-873-4323
Web Address: www.unicefusa.org
Also known as:UNICEF, US Fund for
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1947, New York
Affiliates: U. S. Fund for UNICEF In Kind Assistance Corporation
Stated Purpose: “To inform people of the needs of children in developing countries; to create an awareness of the diversity of human cultures, of the commonality of human needs and interests and of the responsibility to share in the world's resources and benefits; to solicit and receive funds and other property for the purposes stated herein; to participate in coordinating planning with voluntary agencies engaged in child relief; and to otherwise improve the well-being of children in the world.”

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Evaluation Conclusions

              

United States Fund for UNICEF (USF) meets the 20 Standards for Charity Accountability.
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Programs

              

The US Fund for UNICEF (USF) has authorized grants to the United Nations Children’s Fund and other non-government organization assisted projects from funds, consignment revenue and in-kind gifts received by the USF. UNICEF HIV/AIDS projects included preventing HIV infection in young people, mother to child transmission and protection, care and support for orphans and children in families made vulnerable by HIV/AIDS. UNICEF childhood immunization work included projects to prevent measles, polio, tuberculosis and maternal and neonatal tetanus in impoverished areas. UNICEF girls education projects included those designed to increase the number of girls in school in countries where girls lag behind boys in enrollment, training female teachers, improving girls safety, providing appropriate girls facilities and promoting curriculums and learning environments that are free of gender bias. UNICEF nutritional projects were implemented that focused on proper nourishment for both children and mothers that included providing Vitamin A supplements to strengthen immune systems and preventing iodine deficiency which can cause brain damage and physical retardation. UNICEF and USF also assisted a number of areas affected by emergency situations by providing clean water, medical supplies, basic health services, educational and recreational supplies.

For the fiscal year ended June 30, 2010, USF's program expenses were:

  
Grants 383,237,875
Public Information 8,062,217
Advocacy 648,030
Total Program Expenses: $391,948,122
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Governance

              

Chief Executive : Caryl M. Stern, President and CEO
Compensation*:
$478,645

Chair of the Board: Anthony Pantaleoni
Chair's Profession / Business Affiliation: Of Counsel, Fulbright & Jaworski, LLP

Co-Chair of the Board : Peter Lamm

Chair's Profession / Business Affiliation: Chairman/CEO - Fenway Partners LLC

Board Size: 19

Paid Staff Size: 167

*July 1, 2008 to June 30, 2009 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, telephone appeals, special events, television appeals, grant proposals, internet appeals, planned giving, cause-related marketing, Trick-or-Treat event.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $433,321,325, 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 USF's audited financial statements - consolidated for the fiscal year ended June 30, 2010.

Source of Funds  
Gifts-in-kind 271,731,215
Contributions 149,787,066
Special events income 4,708,197
Bequests and legacies 4,388,905
Greeting card revenue 2,705,942
Investments 2,017,270
Change in value of split-interest agreements -289,544
Total Income $435,049,051


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Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 7%  Administrative: 3% 

Total income   $435,049,051
  Program expenses $391,948,122
  Fund raising expenses 28,786,940
  Administrative expenses 13,020,158
 
Total expenses   $433,755,220
Income in Excess of Expenses   1,293,831
Beginning net assets   43,721,473
Ending net assets   45,015,304
Total liabilities   73,863,513
Total assets   $118,878,817


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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.

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