BBB Wise Giving Report for
March of Dimes Foundation

BBB Wise Giving Report issued September 2010
BBB Wise Giving Report expires September 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: March of Dimes Foundation
Address: 1275 Mamaroneck Avenue
  White Plains, NY 10605
Phone: 914-428-7100
Web Address: www.marchofdimes.com
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BBB Wise Giving Alliance Comments

Formerly known as:National Foundation For Infantile Paralysis

Year, State Incorporated: 1938, New York
Affiliates: 51 chapters
Stated Purpose: "to improve the health of babies by preventing birth defects, premature birth and infant mortality."

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Evaluation Conclusions

               

March of Dimes Foundation (MDF) meets the 20 Standards for Charity Accountability.
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Programs

               

MDF’s research and medical support programs sponsors research to discover the causes and means of prevention and amelioration of birth defects and related forms of sub-optimal pregnancy outcome. The public and professional education program supports efforts to educate the public and professionals through publications and information campaigns. The community services program works with local communities to provide beneficial effects on the communities that it serves. These programs include items that will improve the outcome of pregnancy, such as smoking cessation and Neonatal Intensive Care Units Family Support Project. Some ($20,639,000 or 13%) of MDF’s program activities are carried out in conjunction with fund raising appeals.

For the year ended December 31, 2009, MDF's program expenses were:

  
Public and professional education 79,007,000
Community services 50,429,000
Research and medical support 30,742,000
Total Program Expenses: $160,178,000
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Governance

               

Chief Executive : Jennifer Howse. PhD., President
Compensation*:
 $641,760

Chair of the Board: Kenneth May
Chair's Profession / Business Affiliation: Former CEO of FedEx

Board Size: 32

Paid Staff Size: 1355

*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, telemarketing, special events, print advertisements, television, radio, grant proposals, Internet appeals, door to door, planned giving, cause-related marketing, and membership appeals.
Fund raising costs were 15% of related contributions. (Related contributions, which totaled $199,900,000, are donations received as a result of fund raising activities.)
MDF incurred joint costs of $35,974,000 for informational materials and activities that included fund raising materials. Of those costs, $20,639,000 was allocated to program expenses, $9,312,000 was allocated to fund raising expenses, and $6,023,000 was allocated to administrative expenses.
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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 MDF's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Campaign contributions and sponsorships (net) 188,529,000
Investment return greater than amount appropriated for operations 13,161,000
Government, foundation and corporate grants 6,649,000
Major gifts and other contributions 5,919,000
Investment return appropriated for operations 5,000,000
Bequests 3,088,000
Contributed materials and services 2,364,000
Program service revenue 1,772,000
Other 1,395,000
Net increase in fair value of assets held in trust by others and reclassifications 879,000
Total Income $228,756,000


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Uses of Funds as a % of Total Expenses

Programs: 75%  Fund Raising: 15%  Administrative: 10% 

Total income   $228,756,000
  Program expenses $160,178,000
  Fund raising expenses 30,906,000
  Administrative expenses 21,330,000
 
Total expenses   $212,414,000
Income in Excess of Expenses   16,342,000
Beginning net assets   8,149,000
Other Changes in Net Assets 18,918,000
Ending net assets   43,409,000
Total liabilities   113,547,000
Total assets   $156,956,000

Note: In the financial section above, other changes in nets assets refers to pension/post-retirement costs other than net periodic benefit costs.

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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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