BBB Wise Giving Report for
National Pancreas Foundation

BBB Wise Giving Report issued May 2012
BBB Wise Giving Report expires May 2014


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: National Pancreas Foundation
Address: 101 Federal Street, Suite 1900
  Boston, MA 02110
Phone: 617-342-7019
Web Address: www.pancreasfoundation.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1998, Pennsylvania
Affiliates: 4 chapters
Stated Purpose: "to support the research of diseases of the pancreas and to provide information and humanitarian services to those people who are suffering from such illnesses."

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Evaluation Conclusions

               

National Pancreas Foundation (NPF) does not meet the following 2 Standards for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

NPF does not meet this Standard because:

  • Although the board of directors held three full board meetings during the fiscal year ended March 31, 2011, none of the meetings were held in person.

Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

NPF does not meet this Standard because:

  • The organization has never completed an effectiveness assessment.
National Pancreas Foundation (NPF) meets the remaining 18 Standards for Charity Accountability.
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Programs

               

NPF makes grants to researchers seeking to resolve the medical problems of pancreatic disease. The organization also provides a support network for individuals suffering from pancreatic disease through monthly support groups, an online support group and educational sessions across the country. NPF hosts an annual Fellows Symposium encouraging young physicians and researchers to choose the field of pancreas disease through a mentoring three day program led by the leading pancreatologists, oncologists and endoscopists in the field.

For the fiscal year ended March 31, 2011, NPF's program expenses were:

  
Program services 538,734
Total Program Expenses: $538,734
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Governance

               

Chief Executive : Orelle Jackson, Executive Director
Compensation*:
 $90,000

Chair of the Board: Joseph M. Titlebaum
Chair's Profession / Business Affiliation: Attorney

Board Size: 30

Paid Staff Size: 2

*April 1, 2010 - March 31, 2011 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, and Internet appeals.
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $639,714, 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 NPF's audited financial statements for the fiscal year ended March 31, 2011.

Source of Funds  
Donations 490,903
Special events 148,811
Interest income 354
Total Income $640,068


chart



Uses of Funds as a % of Total Expenses

Programs: 78%  Fund Raising: 18%  Administrative: 4% 

Total income   $640,068
  Program expenses $538,734
  Fund raising expenses 123,974
  Administrative expenses 26,516
 
Total expenses   $689,224
Expenses in Excess of Income   (49,156)
Beginning net assets   577,030
Ending net assets   527,874
Total liabilities   6,215
Total assets   $534,089

Note: According to NPF, for the year ended March 31, 2011, the organization received $52,810 in in-kind contributions, consisting of silent auction items.

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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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