BBB Wise Giving Report for
Deafness Research Foundation

BBB Wise Giving Report issued June 2011
BBB Wise Giving Report expires January 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Deafness Research Foundation
Address: 363 Seventh Avenue, 10th Floor
  New York, NY 10001
Phone: 212-328-9480
Web Address: www.drf.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1958, New York
Affiliates: None
Stated Purpose: "to attain a lifetime of healthy hearing and balance through quality research, education, and advocacy."

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Evaluation Conclusions

               

Deafness Research Foundation (DRF) meets the 20 Standards for Charity Accountability.
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Programs

               

DRF’s principal program is providing research grants to researchers in the field of hearing and balance science. In addition, the DRF publishes “Hearing Health” a free, quarterly magazine that serves as the organization’s primary channel for public outreach and education to over 215,000 readers who range from consumers suffering from hearing and balance disorders to professionals that serve them. DRF also hosts research conferences bringing together researchers in the field.

For the fiscal year ended September 30, 2009, DRF's program expenses were:

  
Research grants 577,797
Magazine management 293,547
Communication education 153,467
Conferences 10,511
Total Program Expenses: $1,035,322
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Governance

               

Chief Executive : Andrea K. Boidman, Executive Director
Compensation*:
 $128,834

Chair of the Board: Clifford P. Tallman, Jr.
Chair's Profession / Business Affiliation: Principal, Soskin Tallman, Inc.

Board Size: 15

Paid Staff Size: 7

*October 1, 2008 - September 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, print advertisements, grant proposals, and Internet appeals.
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $2,710,074, 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 DRF's audited financial statements for the fiscal year ended September 30, 2009.

Source of Funds  
Contributions 2,685,122
Publishing 94,811
In-kind contributions 24,952
Other income 16,286
Interest/dividends 15,550
Total Income $2,836,721


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Uses of Funds as a % of Total Expenses

Programs: 66%  Fund Raising: 16%  Administrative: 18% 

Total income   $2,836,721
  Program expenses $1,035,322
  Fund raising expenses 240,610
  Administrative expenses 272,019
 
Total expenses   $1,547,951
Income in Excess of Expenses   1,288,770
Beginning net assets   1,433,738
Ending net assets   2,722,508
Total liabilities   366,016
Total assets   $3,088,524


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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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