BBB Wise Giving Report for
Ovarian Cancer Research Fund

BBB Wise Giving Report issued September 2011
BBB Wise Giving Report expires September 2013


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: Ovarian Cancer Research Fund
Address: 14 Pennsylvania Plaza, Suite 1710
  New York , NY 10122
Phone: 212-268-1002
800-873-9569
Web Address: www.ocrf.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1994, New York
Affiliates: None
Stated Purpose: "to fund scientific research that leads to more effective identification, treatment, and ultimately a cure for ovarian cancer."

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Evaluation Conclusions

               

Ovarian Cancer Research Fund (OCRF) meets the 20 Standards for Charity Accountability.
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Programs

               

OCRF is dedicated to advancing research, raising awareness and finding a cure for ovarian cancer. The organization currently has four scientific funding programs designed to foster research and spur the development of new treatment modalities, genetic markers and diagnostic tools. OCRF also works to support patients and their loved ones in understanding ovarian cancer and its treatment by providing information and guidance as well as educating the public about the disease through its nationwide outreach initiatives and partnerships.

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

  
Grants for research and education 6,346,590
Total Program Expenses: $6,346,590
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Governance

               

Chief Executive : Audra Moran, CEO
Compensation*:
 $155,222

Highest Paid Executive: Elizabeth Howard, Chief Executive Officer
Compensation*: $230,550

Chair of the Board: Sol Schreiber
Chair's Profession / Business Affiliation: Attorney

Co-Chair of the Board : Carmel J. Cohen, M.D.

Chair's Profession / Business Affiliation: Doctor

Board Size: 31

Paid Staff Size: 9

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. OCRF reports that Ms. Moran's compensation is for the time period of March 15, 2010 - December 31, 2010.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, print advertisements, television, radio, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $6,022,456, 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 OCRF's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Contributions 3,614,967
Special events, net 2,407,489
Unrealized gain on investments 1,876,067
Interest and dividend income 545,711
Loss on sales of investments -837,295
Total Income $7,606,939


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Uses of Funds as a % of Total Expenses

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

Total income   $7,606,939
  Program expenses $6,346,590
  Fund raising expenses 417,678
  Administrative expenses 493,073
 
Total expenses   $7,257,341
Income in Excess of Expenses   349,598
Beginning net assets   17,926,256
Ending net assets   18,275,854
Total liabilities   4,510,749
Total assets   $22,786,603


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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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