BBB Wise Giving Report for
Children's Health Fund

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


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Children's Health Fund
Address: 215 West 125th Street, Suite 301
  New York, NY 10027
Phone: 212-535-9400
Web Address: www.childrenshealthfund.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1987, New York
Affiliates: None
Stated Purpose: "to provide health care to the nation's most medically underserved children and their families through the development and support of innovative primary care medical programs, response to public health crises and the promotion of guaranteed access to appropriate health care for all children."

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Evaluation Conclusions

               

Children's Health Fund (CHF) does not meet the following Standard for Charity Accountability.

Standard 4: Compensated Board Members - Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

CHF does not meet this Standard because:

  • 2 members out of the 13 member board of directors (15%) are directly compensated.
Children's Health Fund (CHF) meets the remaining 19 Standards for Charity Accountability.
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Programs

               

CHF's programs include mobile medical units and fixed-site clinics for children to access medical services. Through their advocacy program, CHF promotes policies that address the issues of affordable and accessible transportation, access to mental health services, and health information technology. CHF's special initiatives program targets needs of medically underserved children, including those suffering from asthma, type 2 diabetes, obesity, and those without access to specialist care.

For the year ended December 31, 2008, CHF's program expenses were:

  
National programs 6,271,719
Crisis response and recovery 5,889,003
New York programs 5,684,304
Education 1,730,908
Total Program Expenses: $19,575,934
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Governance

               

Chief Executive : Irwin Redlener, President
Compensation*:
 $240,000

Chair of the Board: Robert Tannenhauser
Chair's Profession / Business Affiliation: Attorney

Board Size: 13

Paid Staff Size: 70

*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, planned giving, and cause-related marketing.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $24,905,500, 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 CHF's audited financial statements for the year ended December 31, 2008.

Source of Funds  
Contributions and grants - foundations 16,971,066
Contributions and grants - corporations and individuals 6,340,422
Special events (net) 1,231,853
Contributions and grants - government grants 362,159
Interest and dividends 51,911
Change in value of beneficial interest in lead trust 13,141
Net loss on investments -1,791,428
Total Income $23,179,124


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Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 7%  Administrative: 6% 

Total income   $23,179,124
  Program expenses $19,575,934
  Fund raising expenses 1,700,052
  Administrative expenses 1,474,136
 
Total expenses   $22,750,122
Income in Excess of Expenses   429,002
Beginning net assets   8,308,346
Other Changes in Net Assets (249,249)
Ending net assets   8,488,099
Total liabilities   16,977,209
Total assets   $25,465,308

Note 1: In the above financial section, "other changes in net assets" represents -$249,249 for the write-off of uncollectible contribution receivable and the cancellation of grants payable.

Note 2: For the year ended, December 31, 2008, CHF had in-kind contributions in the amount of $728,910 which includes pharmaceuticals ($538,910) and books ($190,000).

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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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