BBB Wise Giving Report for
PATH

BBB Wise Giving Report issued December 2008
BBB Wise Giving Report expires December 2010


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


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Charity Contact Information

Name: PATH
Address: 1455 NW Leary Way
  Seattle, WA 98107
Phone: 206-285-3500
Web Address: www.path.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1977, Washington
Affiliates: PATH Vaccine Solutions, PACTEC Inc.
Stated Purpose: “to improve the health of people around the world by advancing technologies, strengthening systems, and encouraging healthy behaviors.”

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Evaluation Conclusions

               

PATH meets the 20 Standards for Charity Accountability.
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Programs

               

PATH collaborates with public and private sector partners to provide appropriate health technologies and strategies that improve global health and well-being in about 70 countries in the areas of children’s health and nutrition, communicable and chronic diseases, maternal and reproductive health, and vaccines and immunizations. Staff provides services in public health, epidemiology, technology development and transfer, technology introduction, biotechnology and vaccine development, vaccine distribution, business development, education and training, communication, advocacy, and procurement. PATH reports that it operates 34 offices in 19 countries.

For the year ended December 31, 2007, PATH's program expenses were:

  
Vaccines and immunizations 69,895,000
Emerging and epidemic diseases 30,079,000
Reproductive health 10,157,000
Health technologies 10,068,000
Maternal and child health 9,835,000
Cross program 283,000
Total Program Expenses: $130,317,000
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Governance

               

Chief Executive : Christopher J. Elias, President and CEO
Compensation*:
 $439,684

Chair of the Board: Dr. Vera Cordeiro
Chair's Profession / Business Affiliation: Founder and CEO of Associacao Saude Crianca Renascer

Board Size: 11

Paid Staff Size: 750

*2007 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, radio, grant proposals, Internet appeals, and planned giving.
Fund raising costs were % of related contributions. (Related contributions, which totaled $276,529,000, 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 PATH's audited financial statements (consolidated with affiliates) for the year ended December 31, 2007.

Source of Funds  
Contributions 276,529,000
Investment income 14,051,000
Other 257,000
License and royalty income 78,000
Program service revenue 57,000
Total Income $290,972,000


chart



Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: Less than 1%  Administrative: 14% 

Total income   $290,972,000
  Program expenses $130,317,000
  Fund raising expenses 682,000
  Administrative expenses 21,227,000
 
Total expenses   $152,226,000
Income in Excess of Expenses   138,746,000
Beginning net assets   545,962,000
Ending net assets   684,708,000
Total liabilities   13,159,000
Total assets   $697,867,000


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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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